Marval O’Farrell Mairal advises on issuance of additional notes by Angel Estrada y Compañia SA for a

Marval O’Farrell Mairal advises on issuance of additional notes by Angel Estrada y Compañia SA for a nominal value of ARS 3,881,863,746.

Angel Estrada y Compañia SA (AESA), a leading Argentine manufacturer of school and office stationery products, successfully completed the placement and issuance in the local market of Additional Series 17 Notes for a nominal value of ARS 3,881,863,746, additional to its original class 17 notes at a variable interest rate, maturing on April 3, 2026 for a nominal value of ARS 2,509,986,666.

Marval O’Farrell Mairal advised AESA as issuer; Banco de Servicios y Transacciones SAU as organizer and placement agent; and Balanz Capital Valores SAU, Facimex Valores SA, Invertir en Bolsa SA, Banco Mariva SA, Banco de la Provincia de Buenos Aires, BACS Banco de Credito y Securitizacion SA, Cohen SA, Adcap Securities Argentina SA, and Allaria SA as placing agents.

The Series 17 Additional Notes were issued on November 28, 2025, under AESA’s global Program for the issuance of simple notes (non-convertible into shares) for up to V/N USD 30,000,000 (or its equivalent in other currencies). They are denominated and payable in ARS, and accrue a variable interest rate corresponding to the sum of the TAMAR rate plus a margin of 11.49%.

The public offering of the Series 17 Additional Notes was carried out using the flexibilities introduced by CNV General Resolution 1073/2025, which establishes that updating the prospectus after the approval of financial statements corresponding to a new fiscal year is optional.

Marval O’Farrell Mairal’s team was led by partner Sergio Talamo, together with associates Pedro Maria Azumendi and Lautaro Penza.