Deal counsel in the issuance of Crédito Directo S.A.´s AR$ 300,000,000 Class III & IV Notes under its $ 800,000,000 Global Notes Programme.

Banco de Servicios y Transacciones S.A. acted as arranger and placement agent. Industrial Valores S.A., Puente Hnos S.A. and Balanz Capital Valores S.A.U. acted as placement agents.