Legal Advice in the Issuance of Series X Notes of MSU S.A. for US$ 24,500,000

Counsel to Allaria Ledesma & Cia S.A., Balanz Capital Valores S.A.U., Banco Galicia y Buenos Aires S.A.U., Banco Supervielle S.A., Banco Itaú Argentina S.A., Industrial Valores S.A. and Itaú Valores S.A. as arrangers and placement agents, in the issuance of MSU S.A.’s 7,5% Series X Notes for US$ 24,500,000 issued on September 12, 2022, and due September 12, 2024, under its US$ 100,000,000 Global Notes Program.

Allaria Ledesma & Cia S.A., Balanz Capital Valores S.A.U., Banco Galicia y Buenos Aires S.A.U., Banco Supervielle S.A., Banco Itaú Argentina S.A., Industrial Valores S.A. and Itaú Valores S.A. acted as arrangers and placement agents. Allaria Ledesma & Cia S.A. also acted as Settlement Agent for the Series X Notes.