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BYMA adds four new Bonds to the SVS Bond Panel

- These are 2 Green Bonds and 2 Social Bonds issued during the last week.
- The issuers are: 360 Energy Solar S.A. (Green Bond), Citrusvil S.A. (Green Bond) and SION S.A. (Social Bonds).
- With these new additions, the BYMA Panel is comprised of 31 outstanding marketable securities

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6 min
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7/1/2022
BYMA adds four new Bonds to the SVS Bond Panel

BYMA adds four new Bonds to its Panel of Social, Green and Sustainable Bonds, the Panel integrated by marketable securities with a positive environmental and/or social impact. They are 2 Green Bonds and 2 Social Bonds issued during the last week.

This is an ON labeled as "Green" issued by 360 Energy Solar S.A. for an amount of ARS 20,000,000. A Negotiable Obligation labeled as "Green" issued by Citrusvil S.A. for an amount of US$6,368,399. And two Notes labeled as "Social" issued by SION S.A.: Class A for an amount of $300,000,000,000 and Class B for $195,000,000,000.Thus, BYMA's SVS Bond Panel is comprised of 31 outstanding marketable securities.

In this regard, BYMA's President, Ernesto Allaria, explained: "Each new issue of an SVS Bond is good news. The significant volume of issuance in recent days indicates to us that sustainable finance is evolving in Argentina. It is very gratifying that organizations from multiple sectors are accessing these instruments to finance their projects and contribute to the achievement of the Sustainable Development Goals."

About 360 Energy Solar S.A.

360 Energy Solar S.A. is one of the leading companies in the renewable energy sector in Argentina, and the first company to build and operate photovoltaic solar parks in the territory. Since November 2009, its activity is focused on the development, technological research, commercialization, construction, operation and maintenance of solar parks.

360 Energy Solar's ON is labeled as Green as required by BYMA. Through this issue, the company commits that all the funds raised will be used to finance the 360 Energy La Rioja Photovoltaic Solar Park project, with an installed capacity of 24 MW of inverters, linked to the Renewable Energy sector. This category presents clear environmental benefits and is framed within the eligible projects established by the ICMA.

According to the external review, during its operation this project will not generate any type of emission that could notoriously alter air quality. In addition, with its operation - which represents a contribution to the diversification of the energy matrix and to the increased generation of energy without increasing environmental pollution - it will save the emission of a significant amount of pollutants into the atmosphere, contributing to the sustainable development of the country.

About the Green Bond of Citrusvil S.A.

Citrusvil S.A.  is an Argentine capital company dedicated to the production, processing and commercialization of lemons and their industrial derivatives, the latter destined for beverage, flavor and fragrance markets, including oils, juices, pulps and peels. The company is part of the Lucci Group along with other companies engaged in agriculture, livestock, walnut farming, sugar cane and other agricultural activities.

Citrusvil's ON falls under the Green Project qualification as required by BYMA. The company commits that all the funds raised through the issue will be used to refinance three projects that have already been carried out with environmental benefits:

(a) Project A - Generation of electric energy from biogas,
(b) Project B - Systematization and control of laminar soil erosion in the San Rafael farm and
(c) Project C - Lighting reconversion of the industrial complex.

These projects are in line with the company's sustainability strategy.

About SION S.A.

SION S.A. is a company that belongs to the Telecommunications sector. It is dedicated to exploit different lines of products and services, being one of the main operators in the Argentine Internet access market, having more than 80 thousand customers.

SION's Project possesses attributes that identify it as an eligible Social Project in accordance with the Social Bond Principles. The funds obtained from the placement will enable the company to meet the costs of the construction of new Internet Access Networks and/or their retrofitting to mitigate the lack of supply that exists for this type of infrastructure in the provinces of Tierra del Fuego, Santa Cruz, Chubut, Mendoza, San Juan and Entre Ríos, since these are the provinces with the lowest coverage of high-speed Internet access networks, according to official measurements.These issues are aligned with the four main components of the ICMA Green Bond Principles (GBP), in all their versions, adopted by BYMA. In this way, a positive environmental impact is generated.

More information can be found on the SVS Bonds page on BYMA's website.

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