“Total Assets I” Financial Trust for AR$ 700,076,651

Deal counsel in the issuance and placement in Argentina of trust securities for AR$ 700,076,651 issued under the “Total Assets I” Financial Trust, in which Crédito Directo S.A. acted as trustor, TMF Trust Company (Argentina) S.A. acted as trustee, Banco de Servicios y Transacciones S.A. acted as arranger and placement agent, and Macro Securities S.A.U., Banco Supervielle S.A. and Banco Patagonia S.A. acted as placement agents.