10 Jul 25 Cerolini & Ferrari advised San Bautista on its first issuance of notes under the Low-Impact Automatic Authorization Regime together with BST, Mariva, Macro and Fid Aval

Agustín L. Cerolini, Martín Chindamo, Valentina Circolone and Tomás Mingrone

Cerolini & Ferrari Abogados advised San Bautista del Sur S.A. (“San Bautista”) on its first issuance of notes under the Low-Impact Automatic Authorization Regime, for a value of US$ 1.750.000 (the “Notes”). The issuance of the Notes took place on July 4th, 2025, at an interest rate equivalent to 10,85%, and at an issuance price of 100% of the nominal value.

San Bautista is a national capital company that has been operating in the livestock market since 2017. The company’s specific activities include cattle breeding, production of agricultural crop seeds, cultivation of forage crops, and seasonal crops. Likewise, the company has a professional management team with active participation from shareholders in the daily management of the company. They also have a specialized technical team to achieve the highest quality standards in terms of the development of the animals raised on their farms. The main products marketed by the company include weaned calves, forage crops, and other agricultural crops.

Banco de Servicios y Transacciones S.A., Banco Mariva S.A. and Macro Securities S.A.U. acted as arrangers and placement agents of the Notes. In turn, Banco Mariva S.A., Banco Macro S.A. and Fid Aval S.G.R. acted as guarantors.

Internal legal advisors of BST.

Ana Vea Murguía and Melina Lozano

External legal counsel of San Bautista, BST, Mariva, Macro and Fid Aval.

Cerolini & Ferrari Abogados

Partners Agustín L. Cerolini and Martín Chindamo and associates Valentina Circolone and Tomás Mingrone.