Deal counsel in the issuance of Crédito Directo S.A.´s AR$ 50,000,000 Class I Short-Term Notes under its $ 500,000,000 Global Short-Term Notes Programme.

Banco de Servicios y Transacciones S.A. acted as arranger and placement agent. Banco Mariva S.A. and AdCap Securities Argentina S.A. acted as placement agents.