<SEC-DOCUMENT>0001292814-22-004399.txt : 20221110
<SEC-HEADER>0001292814-22-004399.hdr.sgml : 20221110
<ACCEPTANCE-DATETIME>20221110152450
ACCESSION NUMBER:		0001292814-22-004399
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20220930
FILED AS OF DATE:		20221110
DATE AS OF CHANGE:		20221110

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EDENOR
		CENTRAL INDEX KEY:			0001395213
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			C1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33422
		FILM NUMBER:		221376686

	BUSINESS ADDRESS:	
		STREET 1:		AV. DEL LIBERTADOR 6363
		CITY:			CITY OF BUENOS AIRES
		STATE:			C1
		ZIP:			C1428ARG
		BUSINESS PHONE:		54-11-4346-5000

	MAIL ADDRESS:	
		STREET 1:		AV. DEL LIBERTADOR 6363
		CITY:			CITY OF BUENOS AIRES
		STATE:			C1
		ZIP:			C1428ARG
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ednfs3q22_6k.htm
<DESCRIPTION>6-K
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman"><BR>UNITED STATES</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">SECURITIES AND EXCHANGE COMMISSION</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">Washington, D.C. 20549</FONT></P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">FORM 6-K</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">REPORT OF FOREIGN PRIVATE ISSUER</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">PURSUANT TO RULE 13a-16 OR 15d-16 UNDER</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">THE SECURITIES EXCHANGE ACT OF 1934</FONT></P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">For the month of&nbsp;<FONT style="FONT-SIZE: 10pt">November</FONT>, 2022</FONT></P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=PT-BR style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">EMPRESA DISTRIBUIDORA Y COMERCIALIZADORA NORTE S.A. (EDENOR)</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">(DISTRIBUTION AND MARKETING COMPANY OF THE NORTH )</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">(Translation of Registrant's Name Into English)</FONT></P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">Argentina</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">(Jurisdiction of incorporation or organization)</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">Av. del Libertador 6363,</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">12th Floor,</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">City of Buenos Aires (A1428ARG),</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">Tel: 54-11-4346-5000</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">(Address of principal executive offices)</FONT></P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.75in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)</FONT></P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.75in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">Form 20-F&nbsp;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">&nbsp;X&nbsp;</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;Form 40-F&nbsp;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U></P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.75in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)</FONT></P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.75in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">Yes&nbsp;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">&nbsp;&nbsp;No&nbsp;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">&nbsp;X&nbsp;&nbsp;</FONT></U></P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.75in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">.)</FONT></P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.75in">&nbsp;</P>

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<P STYLE="font: 11pt/115% Calibri,sans-serif; margin: 0; text-align: center"><IMG SRC="ednfs3q226k_001.jpg" ALT=""><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; line-height: 115%"></FONT></P>

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<P STYLE="font: 14pt/115% Arial,sans-serif; margin: 0; text-align: center"><B>CONDENSED INTERIM FINANCIAL STATEMENTS</B></P>

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<P STYLE="font: 14pt/115% Arial,sans-serif; margin: 0; text-align: center"><B>AS OF SEPTEMBER 30, 2022 AND FOR THE NINE AND </B></P>

<P STYLE="font: 14pt/115% Arial,sans-serif; margin: 0; text-align: center"><B>THREE-MONTH PERIOD ENDED SEPTEMBER 30, 2022 </B></P>

<P STYLE="font: 14pt/115% Arial,sans-serif; margin: 0; text-align: center"><B>PRESENTED IN COMPARATIVE FORM</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0; text-align: center">(Stated in millions of constant pesos &ndash; Note 3)</P>

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    <TD COLSPAN="2" STYLE="white-space: nowrap">
    <P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 0 63.8pt; text-indent: -63.8pt">&nbsp;</P>
    <P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 63.8pt; text-indent: -63.8pt; color: #595959"><B>Legal Information</B></P></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-left: 44.4pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -44.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: #595959"><B>2</B></FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="white-space: nowrap; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: #595959"><B>Condensed Interim Statement of Comprehensive Income (Loss) </B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 44.4pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -44.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: #595959"><B>3</B></FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
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    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 63.8pt; text-indent: -63.8pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: #595959"><B>Condensed Interim Statement of Financial Position </B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 44.4pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -44.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: #595959"><B>4</B></FONT></TD>
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    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 63.8pt; text-indent: -63.8pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: #595959"><B>Condensed Interim Statement of Changes in Equity </B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 44.4pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -44.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: #595959"><B>6</B></FONT></TD>
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    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 63.8pt; text-indent: -63.8pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: #595959"><B>Condensed Interim Statement of Cash Flows </B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 44.4pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -44.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: #595959"><B>7</B></FONT></TD>
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    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 63.8pt; text-indent: -63.8pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 63.8pt; text-indent: -63.8pt; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
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    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 63.8pt; text-indent: -63.8pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Notes to the Condensed Interim Financial Statements:</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 63.8pt; text-indent: -63.8pt; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
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    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif; width: 4%"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>1 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif; width: 80%"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">General information</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt; width: 12%"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">9</FONT></TD>
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    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>2 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Regulatory framework</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">10</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
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    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>3 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Basis of preparation</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">12</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
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    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>4 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Accounting policies</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">13</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
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    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>5 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Financial risk management</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">13</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>6 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Critical accounting estimates and judgments</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">15</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>7 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Contingencies and lawsuits</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">15</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>8 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Revenue from sales and energy purchases</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">16</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>9 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Expenses by nature</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">18</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>10 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Other operating income (expense), net</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">19</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>11 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Net finance costs</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">19</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>12 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Basic and diluted loss per share</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">20</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>13 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Property, plant and equipment</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">21</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>14 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Right-of-use assets</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">23</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>15 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Inventories</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">23</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>16 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Other receivables</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">23</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>17 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Trade receivables</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">24</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>18 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Financial assets at amortized cost</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">24</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>19 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Financial assets at fair value through profit or loss</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">25</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>20 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Cash and cash equivalents</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">25</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>21 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Share capital and additional paid-in capital</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">25</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>22 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Allocation of profits</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">25</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>23 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Trade payables</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">26</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>24 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Other payables</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">26</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>25 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Borrowings</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">27</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>26 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Salaries and social security taxes payable</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">28</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>27 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Income </FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">tax and deferred <FONT STYLE="color: black">tax</FONT></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">28</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>28 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Tax liabilities</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">29</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>29 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Provisions</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">29</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>30 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Related-party transactions</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">30</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>31 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: black">Shareholders&rsquo; Meeting</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">30</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>32 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Termination of agreement on real estate asset</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">31</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>33 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Debt restructuring</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">31</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>34 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Change of control</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">34</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0079C0"><B>35 |</B></FONT></TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Events after the reporting period</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">34</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-left: 15pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-left: 63.8pt; text-align: right; font-family: Calibri,sans-serif; text-indent: -63.8pt">&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center"><B>Glossary of Terms</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 6pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The following definitions, which are not
technical ones, will help readers understand some of the terms used in the text of the notes to the Company&rsquo;s Condensed Interim
Financial Statements.</P>

<P STYLE="font: 9pt Verdana,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif"><I><U>Terms</U></I></FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif"><I><U>Definitions</U></I></FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">ADS</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">American Depositary Shares</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">BCRA</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Central Bank of Argentina</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">BNA</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Banco de la Naci&oacute;n Argentina</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">BYMA</FONT></TD>
    <TD STYLE="vertical-align: top">
    <P STYLE="font: 8pt Verdana,sans-serif; margin: 0 0 0 7.1pt">Bolsas y Mercados Argentinos</P>
    <P STYLE="font: 8pt Verdana,sans-serif; margin: 0 0 0 7.1pt">(Buenos Aires Stock Exchange)</P></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">CABA</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">City of Buenos Aires</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">CAMMESA</FONT></TD>
    <TD STYLE="vertical-align: top">
    <P STYLE="font: 8pt Verdana,sans-serif; margin: 0 0 0 7.1pt">Compa&ntilde;&iacute;a Administradora del Mercado Mayorista El&eacute;ctrico
    S.A.</P>
    <P STYLE="font: 8pt Verdana,sans-serif; margin: 0 0 0 7.1pt">(the company in charge of the regulation and operation of the wholesale electricity
    market)</P></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">CNV</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">National Securities Commission</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">CPD</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Company&rsquo;s Own Distribution Cost</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">DNU</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Executive Order issued on the grounds of Necessity and Urgency</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif"><B>edenor</B></FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Empresa Distribuidora y Comercializadora Norte S.A.</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">ENRE</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">National Regulatory Authority for the Distribution of Electricity</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">FACPCE</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Argentine Federation of Professional Councils in Economic Sciences</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">GWh</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Gigawatt hour</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">IAS</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">International Accounting Standards</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">IASB</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">International Accounting Standards Board</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">IFRIC</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">International Financial Reporting Interpretations Committee</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">IFRS</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">International Financial Reporting Standards</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">IGJ</FONT></TD>
    <TD STYLE="vertical-align: top">
    <P STYLE="font: 8pt Verdana,sans-serif; margin: 0 0 0 7.1pt">Inspecci&oacute;n General de Justicia</P>
    <P STYLE="font: 8pt Verdana,sans-serif; margin: 0 0 0 7.1pt">(the Argentine governmental regulatory agency of corporations)</P></TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">MEM</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Wholesale Electricity Market</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">MULC</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Single Free Foreign Exchange Market</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">PEN</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Federal Executive Power</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">RDSA</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Ribera Desarrollos S.A.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">RECPAM</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Gain (Loss) on exposure to the changes in the purchasing power of the currency</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">RTI</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Tariff Structure Review</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">SACME</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">S.A. Centro de Movimiento de Energ&iacute;a</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">SE</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 8pt Times New Roman,serif; padding-left: 7.1pt"><FONT STYLE="font-family: Verdana,sans-serif">Energy Secretariat</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 8pt Times New Roman,serif; padding-left: 7.1pt; text-align: justify; text-indent: -7.1pt">&nbsp;</TD>
    <TD STYLE="font: 8pt Times New Roman,serif; vertical-align: top; padding-left: 7.1pt">&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 87%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center"><B>Legal Information</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 12pt 0 10pt; text-align: justify"><B>Corporate name:</B> Empresa Distribuidora y Comercializadora
Norte S.A.</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 12pt 0 10pt; text-align: justify"><B>Legal address: </B>6363 Av. del Libertador Ave.,
City of Buenos Aires</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 10pt; text-align: justify"><B>Main business: </B>Distribution and sale of electricity
in the area and under the terms of the Concession Agreement by which this public service is regulated</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><FONT STYLE="color: windowtext"><B>Date of registration with the
Public Registry of Commerce</B></FONT><B>: </B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">of the Articles of Incorporation: August 3, 1992</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">of the last amendment to the By-laws: July 2, 2022 (Note 31)
</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 20.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><FONT STYLE="color: windowtext"><B>Term of the Corporation</B></FONT><B>:
</B>August 3, 2087</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><FONT STYLE="color: windowtext"><B>Registration number with the
&ldquo;Inspecci&oacute;n General de Justicia&rdquo; (the Argentine governmental regulatory agency of corporations)</B></FONT><B>: </B>1,559,940</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>Parent company: </B>Empresa de Energ&iacute;a del Cono Sur S.A.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>Legal address: </B>1252 Maip&uacute; Ave., 12<SUP>th</SUP> Floor
- CABA</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>Main business of the parent company: </B>Investment company
and provider of services related to the distribution of electricity, renewable energies and development of sustainable technology</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>Interest held by the parent company in capital stock and votes:
</B>51%</P>

<P STYLE="font: 9pt Verdana,sans-serif; margin: 0 0 0 35.45pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0; text-align: center"><B>CAPITAL STRUCTURE</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0; text-align: center"><B>AS OF SEPTEMBER 30, 2022</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">(amounts stated in pesos)</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 73%">Class of shares</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: justify; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 26%">&nbsp;Subscribed and paid-in<BR>
(See Note 21)&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Common, book-entry shares, face value 1 and 1 vote per share</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Class A</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;462,292,111</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Class B (1)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;442,210,385</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Class C (2)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; border-bottom: Black 0.5pt solid; text-align: right">1,952,604</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;906,455,100</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt Verdana,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Includes 30,994,291 and 31,134,420 treasury
shares as of September 30, 2022 and December 31, 2021, respectively.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">(2)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Relates to the Employee Stock Ownership Program
Class C shares that have not been transferred.</FONT></TD></TR></TABLE>



<!-- Field: Page; Sequence: 5 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 14pt Arial,sans-serif; margin: 0; text-align: center"><B>edenor</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>Condensed Interim Statement of Comprehensive
Income (Loss) </B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>for the nine and three-month period ended September
30, 2022</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>presented in comparative form</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center">(Stated in millions of constant pesos &ndash; Note
3)</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;Nine months at&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;Three months at&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: left; width: 43%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 4%">Note</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 13%">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 13%">09.30.21</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 12%">09.30.22</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 11%">09.30.21</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Revenue</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">8</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">135,797</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">147,892</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">47,454</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;53,430</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Energy purchases</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">8</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(91,534)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(90,353)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(32,724)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(31,135)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Subtotal</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">44,263</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">57,539</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">14,730</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">22,295</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Transmission and distribution expenses</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">9</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(35,118)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(35,181)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(11,669)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(12,160)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Gross margin</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">9,145</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">22,358</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">3,061</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">10,135</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Selling expenses</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">9</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(15,297)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(14,344)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(5,505)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(4,247)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Administrative expenses</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">9</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(11,452)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(9,393)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(2,975)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(3,214)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Other operating income</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">10</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;4,179</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;6,216</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,472</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,103</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Other operating expense</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">10</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(5,681)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(5,776)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(2,125)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,427)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Gain (loss) from interest in joint ventures</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(6)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Operating profit</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(19,100)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">(945)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(6,072)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">2,350</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Financial income</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">11</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">51</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">47</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;3</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Financial costs</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">11</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(47,419)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(30,938)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(19,945)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(10,536)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Other financial costs</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">11</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(4,518)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;2,873</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(681)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,556</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Net financial costs</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(51,886)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(28,018)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">(20,615)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">(8,977)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Monetary gain (RECPAM)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">61,511</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">31,061</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">23,919</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">8,073</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Profit before taxes</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(9,475)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;2,098</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(2,768)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">1,446</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; background-color: white">Income tax&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">27</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(8,632)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(26,516)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(3,314)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(2,551)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Loss for the period</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(18,107)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(24,418)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(6,082)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(1,105)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 12px; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: left">Comprehensive loss for the period attributable to:</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Owners of the parent&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(18,107)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(24,418)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(6,082)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(1,105)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Comprehensive loss for the period</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(18,107)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(24,418)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(6,082)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(1,105)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; background-color: white">Basic and diluted loss per share:</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">Loss per share (argentine pesos per share)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">12</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(20.69)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(27.91)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(6.95)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(1.26)</TD></TR>
  </TABLE>
<P STYLE="font: 11pt/115% Calibri,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; line-height: 115%"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">The accompanying notes are an integral part of the Condensed Interim
Financial Statements.</P>




<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 14pt Arial,sans-serif; margin: 0; text-align: center"><B>edenor</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>Condensed Interim Statement of Financial Position
</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>as of September 30, 2022 presented in comparative
form</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center">(Stated in millions of constant pesos &ndash; Note
3)</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; background-color: white; width: 54%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 12%">Note</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 16%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 16%">&nbsp;12.31.21&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left; background-color: white">ASSETS</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: justify; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: justify; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Non-current assets&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Property, plant and equipment</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">13</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;329,390</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;324,471</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Interest in joint ventures</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;19</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;23</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Right-of-use assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">14</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">830</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">706</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Other receivables</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">16</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;3</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;12</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Total non-current assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;330,242</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;325,212</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Current assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Inventories</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">15</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;4,875</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;5,714</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Other receivables</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">16</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;7,478</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;3,541</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Trade receivables</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">17</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;26,652</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;29,168</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Financial assets at amortized cost</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">18</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">404</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Financial assets at fair value through profit or loss</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">19</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;23,884</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;25,660</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Cash and cash equivalents</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">20</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;7,137</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;5,268</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Total current assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;70,026</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;69,755</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">TOTAL ASSETS</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">&nbsp;400,268</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">&nbsp;394,967</TD></TR>
  </TABLE>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 14pt Arial,sans-serif; margin: 0; text-align: center"><B>edenor</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>Condensed Interim Statement of Financial Position
</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>as of September 30, 2022 presented in comparative
form</B> <I>(continued)</I></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center">(Stated in millions of constant pesos &ndash; Note
3)</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 2.85pt 0 35.45pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; background-color: white; width: 54%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; background-color: white; width: 12%">Note</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 16%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 16%">&nbsp;12.31.21&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">EQUITY</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Share capital and reserve attributable to the owners of the Company&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Share capital</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">21</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">875</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">875</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Adjustment to share capital</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">21</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;92,562</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;92,553</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Treasury stock</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">21</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;31</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;31</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Adjustment to treasury stock</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">21</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,983</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,992</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Additional paid-in capital</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">21</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,280</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,272</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Cost treasury stock</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7,651)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7,651)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Legal reserve</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;6,467</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;6,467</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Voluntary reserve</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;62,625</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;62,625</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Other comprehensive loss</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(330)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(330)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Accumulated losses</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(53,554)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(35,447)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left; background-color: white">TOTAL EQUITY</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;104,288</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;122,387</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left; background-color: white">LIABILITIES</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Non-current liabilities</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Trade payables</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">23</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">825</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,097</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Other payables</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">24</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;15,002</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;15,700</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Borrowings</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">25</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;11,662</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Deferred revenue</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,654</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;2,803</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Salaries and social security payable</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">26</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">615</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">662</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Benefit plans</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,454</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,655</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Deferred tax liability</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">27</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;90,737</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;82,105</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Provisions</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">29</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;5,779</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;6,611</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Total non-current liabilities</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;127,728</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;110,633</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Current liabilities</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Trade payables</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">23</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;148,619</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;126,511</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Other payables</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">24</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;6,369</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;6,604</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Borrowings</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">25</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;4,084</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;17,042</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Derivative instruments</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;12</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Deferred revenue</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;44</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;73</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Salaries and social security payable</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">26</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;6,604</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;7,500</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Benefit plans</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">131</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">217</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Income tax payable</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">27</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;2,082</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Tax liabilities</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">28</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,103</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,027</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Provisions</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">29</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,286</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">891</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Total current liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;168,252</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;161,947</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">TOTAL LIABILITIES</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">&nbsp;295,980</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">&nbsp;272,580</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">TOTAL LIABILITIES AND EQUITY</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">&nbsp;400,268</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">&nbsp;394,967</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">The accompanying notes are an integral part of the Condensed Interim
Financial Statements.</P>


<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0">&nbsp;</P>

<P STYLE="font: 14pt Arial,sans-serif; margin: 0; text-align: center"><B>edenor</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>Condensed Interim Statement of Changes in Equity</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>for the nine-month period ended September 30,
2022 </B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>presented in comparative form</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center">(Stated in millions of constant pesos &ndash; Note
3)</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 7pt">
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left; width: 22%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 5%">Share capital</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 6%">Adjustment to share capital</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 5%">Treasury stock</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 6%">Adjustment to treasury stock</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 5%">Additional paid-in capital</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 5%">Cost treasury stock</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 5%">Legal reserve</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 6%">Voluntary reserve</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 5%">Other reserve</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 6%">&nbsp;Other comprehen- sive loss&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 7%">Accumulated (losses) profits</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 6%">Total&nbsp;equity</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Balance at December 31, 2020</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">875</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">92,538</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">31</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">2,007</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">1,262</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(7,651)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">6,467</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">106,973</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(546)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(44,348)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">157,608</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Ordinary and Extraordinary Shareholders&rsquo; Meeting held on April 27, 2021</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(44,348)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">44,348</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Other Reserve Constitution - Share-bases compensation plan</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">10</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">10</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Payment of Other Reserve Constitution - Share-based compensation plan</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(15)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">10</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(10)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Loss for the nine-month period</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(24,418)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(24,418)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Balance at September 30, 2021</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">875</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">92,553</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">31</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">1,992</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">1,272</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">(7,651)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">6,467</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">62,625</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">(546)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">(24,418)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">133,200</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Other comprehensive results</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">216</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">216</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Loss for the three-month complementary period</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(11,029)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(11,029)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Balance at December 31, 2021</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">875</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">92,553</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">31</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">1,992</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">1,272</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(7,651)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">6,467</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">62,625</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(330)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(35,447)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">122,387</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Other Reserve Constitution - Share-bases compensation plan (Note 21)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">8</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Payment of Other Reserve Constitution - Share-based compensation plan (Note 21)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;9</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(9)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;8</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(8)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Loss for the nine-month period</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(18,107)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(18,107)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">Balance at September 30, 2022</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">875</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">92,562</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">31</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">1,983</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">1,280</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(7,651)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">6,467</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">62,625</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(330)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(53,554)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">104,288</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 2.85pt 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 2.85pt 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 4cm; text-align: center; text-indent: -77.95pt">The accompanying notes are an integral
part of the Condensed Interim Financial Statements.</P>


<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 14pt Arial,sans-serif; margin: 0; text-align: center"><B>edenor</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>Condensed Interim Statement of Cash Flows</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>for the nine-month period ended September 30,
2022 </B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>presented in comparative form</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center">(Stated in millions of constant pesos &ndash; Note
3)</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 6%">Note</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 14%">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 14%">09.30.21</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left; background-color: white">Cash flows from operating activities</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Loss for the period</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(18,107)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(24,418)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left; background-color: white">Adjustments to reconcile net (loss) profit to net cash flows from operating activities:</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; background-color: white">Depreciation of property, plants and equipments</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">13</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">11,660</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">11,303</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; background-color: white">Depreciation of right-of-use assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">14</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;651</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;856</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Loss on disposals of property, plants and equipments</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">13</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;223</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;336</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Net accrued interest</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">11</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">47,322</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">30,831</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Income from customer surcharges</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">10</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(1,902)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(2,477)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Exchange difference</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">11</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(859)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">2,217</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; background-color: white">Income tax</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">27</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">8,632</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">26,516</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Allowance for the impairment of trade and other receivables, net of recovery</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">9</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">1,658</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">2,324</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; background-color: white">Adjustment to present value of receivables</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">11</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;220</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;174</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">Provision for contingencies</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">29</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">3,636</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">2,953</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; background-color: white">Changes in fair value of financial assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">11</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">1,750</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(4,547)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; background-color: white">Accrual of benefit plans</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">9</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;958</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">1,288</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">Recovery of provision for credit RDSA</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">11</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(964)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">Net gain from the cancelattion of Corporate Notes</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">11</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;310</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(5)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Loss on debt restructuring</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">11</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;365</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;-</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Gain from interest in joint ventures</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(6)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">6</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Income from non-reimbursable customer contributions</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">10</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(43)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(59)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Other financial results</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">2,732</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;252</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Monetary gain (RECPAM)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(61,511)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(31,061)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Changes in operating assets and liabilities:&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Increase in trade receivables&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(8,444)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(10,120)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">(Increase) Decrease in other receivables&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5,400)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,483</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Increase in inventories</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,037)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(897)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Increase in deferred revenue</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;10</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;487</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Increase in trade payables</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">38,674</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">24,448</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Increase in salaries and social security payable</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,305</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,116</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Decrease in benefit plans</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(500)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(26)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Decrease in tax liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(679)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(608)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Increase in other payables</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;386</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;613</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Decrease in provisions</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">29</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(405)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(415)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Payment of income tax payable</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(96)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left; background-color: white">Net cash flows generated by operating activities</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">22,503</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">31,606</TD></TR>
  </TABLE>


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    <!-- Field: /Page -->


<P STYLE="font: 14pt Arial,sans-serif; margin: 0; text-align: center"><B>edenor</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>Condensed Interim Statement of Cash Flows</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>for the nine-month period ended September 30,
2022 </B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center"><B>presented in comparative form</B> <I>(continued)</I></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 2.85pt 0 0; text-align: center">(Stated in millions of constant pesos &ndash; Note
3)</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 6%">Note</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 14%">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 14%">09.30.21</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left; background-color: white">Cash flows from investing activities</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Payment of property, plants and equipments&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(15,819)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(17,918)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-family: Arial, sans-serif; text-align: left">Purchase net of Mutual funds and negotiable instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(6,168)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(9,862)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Mutuum charges granted to third parties</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left; background-color: white">Net cash flows used in investing activities</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(21,987)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(27,771)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left; background-color: white">Cash flows from financing activities</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Proceeds from borrowings</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">33</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">4,420</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;-</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">Payment of borrowings</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">33</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(2,590)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;-</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Payment of lease liability</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(768)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(736)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Payment of interests from borrowings</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(478)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(820)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; background-color: white">Payment of Corporate Notes issuance expenses</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">33</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(520)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;-</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; background-color: white">Cancelattion of Corporate Notes</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(472)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(31)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left; background-color: white">Net cash flows used in financing activities</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(408)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(1,587)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left; background-color: white">Increase in cash and cash equivalents</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">108</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">2,248</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Cash and cash equivalents at the beginning of the year</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">20</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">5,268</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">10,936</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Exchange differences in cash and cash equivalents</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,754</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,859</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Result from exposure to inflation</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Increase in cash and cash equivalents</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;108</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,248</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Cash and cash equivalents at the end of the period</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">20</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">7,137</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">16,050</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle">Supplemental cash flows information</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Non-cash activities</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Adquisition of advances to suppliers, property, plant and equipment through increased trade payables</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(983)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,017)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">Adquisition of advances to suppliers, right-of-use assets through increased trade payables</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(775)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(873)</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center; text-indent: -4.5pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>


<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">The accompanying notes are an integral part of the Condensed Interim
Financial Statements.</P>



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    <!-- Field: /Page -->


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>1 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">General information </FONT></B></TD></TR></TABLE>


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Empresa Distribuidora y Comercializadora
Norte S.A. (hereinafter &ldquo;<B>edenor</B>&rdquo; or &ldquo;the Company&rdquo;) is a corporation (<I>sociedad an&oacute;nima</I>) organized
under the laws of Argentina, with legal address at 6363 Av. Del Libertador Ave - City of Buenos Aires, Argentine Republic, whose shares
are traded on the Buenos Aires Stock Exchange and the New York Stock Exchange (NYSE).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The corporate purpose of <B>edenor</B> is
to engage in the distribution and sale of electricity within the concession area. Furthermore, among other activities, the Company may
subscribe or acquire shares of other electricity distribution companies, subject to the approval of the regulatory agency, assign the
use of the network to provide electricity transmission or other voice, data and image transmission services, and render advisory, training,
maintenance, consulting, and management services and know-how related to the distribution of electricity both in Argentina and abroad.
These activities may be conducted directly by <B>edenor</B> or through subsidiaries or related companies. In addition, the Company may
act as trustee of trusts created under Argentine laws.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><B>The Company&rsquo;s economic and financial
situation</B>&#9;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In the last few fiscal years, the Company
recorded negative working capital. This situation is due mainly to the insufficient adjustments of the electricity rate since February
2019 &ndash;in breach of the last RTI-, the constant increase of the operating costs and of the investments necessary to maintain the
quality of the service, in the inflationary context in which the Argentine economy has been since mid-2018.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Although in 2021 and the first nine months
of 2022 the values of the Company&rsquo;s electricity rate schedules suffered changes, most of them implied only the passing through of
the seasonal prices not an improvement of revenues from the CPD, which are still insufficient to cover the economic and financial needs
of the Distribution Company in a context of growing inflation, with the annual rate surpassing 80%. Nevertheless, and in spite of the
aforementioned context with constant increases in operating costs, the investments necessary, both for the operation of the network and
for maintaining and even improving the quality of the service, have been made.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In the current year, the economic activity
has shown some recovery after the effect caused by the COVID-19 pandemic; however, the country&rsquo;s macroeconomic situation with the
increase in the rate of inflation, the widening of the gap between the official dollar exchange rate and the dollar exchange rate quoted
in financial or free markets, and the consequences of the agreement with the International Monetary Fund make it difficult to envisage
a clear-cut trend of the economy in the short term.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">This complex and vulnerable economic context
is aggravated by the currency restrictions imposed by the BCRA pursuant to which the BCRA&rsquo;s prior authorization is required for
certain transactions, such as the Company&rsquo;s transactions associated with the payment of imports of goods that are necessary for
the provision of the service and the payments to service the financial debt. These currency restrictions, or those to be implemented in
the future, could affect the Company&rsquo;s ability to access the MULC in order to acquire the foreign currency necessary to face its
operating and financial obligations.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">As a consequence of the described context,
the Company witnessed an even greater deterioration of its economic and financial equation due to the long overdue adjustment of rates,
the impossibility of taking legal action to enforce payment of debts for electricity consumed but not paid, and the increase in costs
on the Company&rsquo;s operating structure and supplies. Therefore, it became necessary to partially postpone payments to CAMMESA for
energy purchased in the MEM as from the maturities taking place in March 2020; payment obligations which have been partially regularized,
but as of September 30, 2022 accumulate a past due principal balance of $ 50,946, plus interest and charges for $ 54,155.</P>




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    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Despite the previously detailed situation,
it is worth pointing out that, in general terms, the quality of the electricity distribution service has been significantly improved,
both in duration and frequency of power cuts. In view of the continuous increase of the costs associated with the provision of the service,
as well as the need for additional investments to meet the demand, the Company continues to analyze different measures aimed at mitigating
the negative effects of this situation on its financial structure, such as the already adopted one related to its debt restructuring (Note
33), minimizing the impact on the sources of employment, the execution of the investment plan, and the carrying out of the essential operation,
maintenance and improvement-related works that are necessary to maintain the provision of the public service, object of the concession,
in a satisfactory manner in terms of quality and reliability.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Due to that which has been previously described,
the Company&rsquo;s Board of Directors believes there is uncertainty that may cast significant doubt upon <B>edenor</B>&rsquo;s ability
to continue as a going concern, which may result in the Company&rsquo;s being obliged to defer certain payment obligations or unable to
meet expectations for salary increases or the increases recorded in third-party costs.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Nevertheless, these condensed interim financial
statements have been prepared assuming that the Company will continue to operate as a going concern, and do not include the adjustments
or reclassifications that might result from the outcome of these uncertainties, inasmuch as this Distribution Company has historically
been provided with transitional solutions that have made it possible to partially restore the economic and financial equation and ensure
the operation of its distribution networks, due to the essential service its provides.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>2 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Regulatory framework </FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">At the date of issuance of these condensed
interim financial statements, there exist the following changes with respect to the situation reported by the Company in the Financial
Statements as of December 31, 2021:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>a)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Electricity rate situation </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 53.45pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On April 18, 2022, by means of SE Resolutions
Nos. 235 and 236/2022, the PEN called a Public Hearing to be held on May 11 and 12, 2022, respectively, to consider the following issues:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.55pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">new seasonal reference prices of the Seasonal
Price of Electricity (PEST), applicable as from June 1, 2022; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.55pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">implementation of the segmentation of Customers
for the granting of Federal Government subsidies on energy prices to the users of the electric service, for the 2022-2023 biennium.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Neither of the above-mentioned items represent
an improvement in the Company&rsquo;s revenues from the CPD; they will only imply the transfer of prices to and/or elimination of subsidies
on the amounts to be billed to the Users.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In line with the foregoing, on June 16, 2022,
by means of Executive Order No. 332/2022, the PEN establishes the rate segmentation system. Subsequently, by means of Resolution No. 467
dated June 27, 2022, the Energy Secretariat, as the defined application authority, instructs the Undersecretariat of Energy Planning to
implement the aforementioned segmentation, which is carried out by means of Directive No. 1 dated June 28, 2022.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In relation thereto, on September 15, 2022,
by means of SE Resolution No. 649/2022, it is provided that those households that have registered in &ldquo;Level 3 &ndash; Average Income&rdquo;
will be charged the seasonal reference prices defined for &ldquo;Level 1, Distributor Residential Demand&rdquo; for the consumption of
electricity exceeding 400 KWh per month. Consequently, by means of ENRE Resolution No. 434/2022, the values of the electricity rate schedules
for such category are modified.</P>



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    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The following resolutions changed the situation
reported in the Financial Statements as of December 31, 2021, with regard to the Company&rsquo;s electricity rate schedules and the seasonal
reference prices (Stabilized Price of Energy and Power Reference Price):</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

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  <TR>
    <TD STYLE="white-space: nowrap; width: 21%; border: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt"><B>Resolution</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 22%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt"><B>Date</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 36%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt"><B>What it approves</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 21%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt"><B>Effective as from</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">SE No. 305/2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">April 29, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Seasonal reference prices </FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt">(1)</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">May 1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">ENRE No. 146/2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">May 10, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Electricity rate schedules</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">May 1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">SE No. 405/2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">May 27, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Seasonal reference prices</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">June 1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">ENRE No. 171/2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">June 1, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Electricity rate schedules</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">June 1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">SE No. 605/2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">July 28, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Seasonal reference prices</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">August 1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">ENRE No. 222/2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">July 29, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Electricity rate schedules</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">August 1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">SE No. 627/2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">August 30, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Seasonal reference prices</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">September 1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">ENRE No. 313/2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">September 7, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Electricity rate schedules</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">September 1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">ENRE No. 434/2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">September 22, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Electricity rate schedules </FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">September 1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">ENRE No. 484/2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">October 12, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Electricity rate schedules </FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt">(2)</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">September 1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">SE No. 719/2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">October 31, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Seasonal reference prices </FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt">(3)</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">November 1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">ENRE No. 554/2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">November 2, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Electricity rate schedules</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">November 1</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt">(1)</FONT></TD><TD STYLE="text-align: justify; padding-right: 7.05pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt">It approves the Winter
Seasonal Programming for the MEM submitted by CAMMESA, relating to the May 1, 2022-October 31, 2022 period.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt">(2)</FONT></TD><TD STYLE="text-align: justify; padding-right: 7.05pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt">It amends the average
electricity rate approved by ENRE Resolution No. 434/2022, which implied a 3.8% decrease thereof, according to the valuation of the residential
user category&rsquo;s consumption during the month of September.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt">(3)</FONT></TD><TD STYLE="text-align: justify; padding-right: 7.05pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt">It approves the Summer
Seasonal Programming for the MEM submitted by CAMMESA, relating to the November 1, 2022-April 30, 2023 period.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 0 36pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>b)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Framework Agreement</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">By virtue of the Agreement described in Note
2.e) to the Financial Statements as of December 31, 2021, the Company received a first disbursement for $ 1,500, which was specifically
used for complying with the Preventive and Corrective Maintenance Work Plan for the Electricity Distribution Network. The Distribution
Company used the funds only after the ENRE certified compliance with both the degree of completion of the works included in the referred
to plan and the related financial milestones.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">As of September 30, 2022, negotiations are
still underway between the Company and the Energy Secretariat concerning the other disbursements stipulated in the agreement, which total
an additional $1,000 relating to the second and third disbursements, plus a fourth disbursement in accordance with that which the ENRE
will validate and inform about the vulnerable neighborhoods&rsquo; total consumption between August and December 2020.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">At the date of issuance of these condensed
interim financial statements, the Company has used a total of $ 2,783, of which $ 1,283 is pending crediting, relating to the reports
on progress of the works performed. The income recognized in fiscal year 2022, which relates to reports on progress of the works performed
with the Company&rsquo;s own funds<FONT STYLE="color: blue">,</FONT> amounts to $ 989 (which at the purchasing power of the currency at
September 30, 2022 amounts to $ 1,285).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>c)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Debt for the purchase of energy in the
MEM</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">With regard to both the Special System for
the Regularization of Payment Obligations and the Special System of Credits described in Note 2.c) to the Financial Statements as of December
31, 2021, on September 13, 2022, by means of SE Resolution No. 642/2022, the implementation of both systems is extended until December
31, 2022.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Such resolution provides that in the case
of distribution companies that have not yet entered into agreements under the aforementioned systems, the SE will recognize credits equivalent
to up to two times the monthly average bill of 2020 -which shall not exceed the five credits in total of the monthly average bill of 2020-
for the debts incurred on account of the consumption of energy, power, interest and/or penalties subsequent to September 30, 2020 and
until December 31, 2021. Additionally, for the remaining debts as of August 31, 2022, once the credits have been recognized, a Payment
Plan is made available under the following terms:</P>



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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Grace period of six months, to commence as
from the date on which the agreement among the SE, the Distribution Company and its Regulatory Authority is signed.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Payment term of up to eight years, i.e. up
to ninety-six monthly installments upon the ending of the grace period.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 0 36pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Interest rate equivalent to 50% of the rate
in effect in the MEM.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">At the date of issuance of these condensed
interim financial statements, the Company has not yet signed the aforementioned agreements with the SE and the ENRE.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>d)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Agreement on the Regularization of Obligations</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">With regard to the Agreement on the Regularization
of Obligations described in Note 2.f) to the Financial Statements as of December 31, 2021, on August 22, 2022, by means of ENRE Resolution
No. 292/2022, it is provided that all the proceedings be provisionally terminated because the docket shows no activity as a result of
Resolutions Nos. 590 and 656/2021 of the Ministry of Economy, and that the provisions of such resolutions shall be in effect until notice
of the final judgements on the related proceedings is given to the ENRE by any reliable means.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>3 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Basis of preparation </FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">These condensed interim financial statements
for the nine-month period ended September 30, 2022 have been prepared in accordance with the provisions of IAS 34 &ldquo;Interim Financial
Reporting&rdquo;. They were approved for issue by the Company&rsquo;s Board of Directors on November 9, 2022.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">By means of General Resolution No. 622/2013,
the CNV provided for the application of Technical Resolution No. 26 of the FACPCE, which adopts the IFRS issued by the IASB, for those
entities that are included in the public offering system of Law No. 17,811, as amended, whether on account of their capital or their corporate
notes, or have requested authorization to be included in the aforementioned system.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">These condensed interim financial statements
include all the necessary information in order for the users to properly understand the relevant facts and transactions that have occurred
subsequent to the issuance of the last Financial Statements for the year ended December 31, 2021 and until the date of issuance of these
condensed interim financial statements. The Company&rsquo;s Management estimates that they include all the necessary adjustments to fairly
present the results of operations for each period. The results of operations for the nine and three-month period ended September 30, 2022
and its comparative period as of September 30, 2021 do not necessarily reflect the Company&rsquo;s results in proportion to the full fiscal
year. Therefore, the condensed interim financial statements should be read together with the audited Financial Statements as of December
31, 2021 prepared under IFRS.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The Company&rsquo;s condensed interim financial
statements are measured in pesos (the legal currency in Argentina) restated in accordance with that mentioned in this Note, which is also
the presentation currency.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><B>Comparative information </B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The balances as of December 31 and September
30, 2021, as the case may be, disclosed in these condensed interim financial statements for comparative purposes, arise as a result of
restating the annual Financial Statements and the Condensed Interim Financial Statements as of those dates, respectively, to the purchasing
power of the currency at September 30, 2022, as a consequence of the restatement of financial information described hereunder. Furthermore,
certain amounts of the financial statements presented in comparative form have been reclassified in order to maintain consistency of presentation
with the amounts of the current periods.</P>



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    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><B>Restatement of financial information</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The condensed interim financial statements,
including the figures relating to the previous year/period, have been stated in terms of the measuring unit current at September 30, 2022,
in accordance with IAS 29 &ldquo;Financial reporting in hyperinflationary economies&rdquo;, using the indexes published by the FACPCE.
The inflation rate applied for the January 1, 2022 - September 30, 2022 period was 66.1%.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>4 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Accounting policies</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 71.45pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The accounting policies adopted for these
condensed interim financial statements are consistent with those used in the Financial Statements for the last financial year, which ended
on December 31, 2021.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><FONT STYLE="letter-spacing: -0.15pt">Detailed
below are the accounting standards, amendments and interpretations </FONT>issued by the IASB in the last few years that are effective
as of September 30, 2022 and have been adopted by the Company:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 1cm">-&#9;IAS 16 &ldquo;Property, plant and equipment&rdquo;,
amended in May 2020: It incorporates amendments to the recognition of inventories, sales and costs of items produced while bringing an
item of property, plant and equipment to the location and condition necessary for its intended use.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 1cm">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 1cm">-&#9;Annual improvements to IFRS &ndash; 2018-2020
Cycle: Amendments to IFRS 1 (translation differences in subsidiaries); IFRS 9 (derecognition of financial liabilities); IFRS 16 (illustrative
example of leasehold improvements); and IAS 41 (cash flows in the fair value of biological assets).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 1cm">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 1cm">-&#9;IFRS 3 &ldquo;Business combinations&rdquo;,
amended in May 2020: It incorporates references to the definitions of assets and liabilities in the new Conceptual Framework and clarifications
on contingent assets and liabilities that are incurred separately from those assumed in a business combination.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 1cm">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 1cm">-&#9;IAS 37 &ldquo;Provisions, contingent liabilities
and contingent assets&rdquo;, amended in May 2020: It clarifies the scope of the concept of cost of fulfilling an onerous contract.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 1cm">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">There are no new IFRS or IFRIC applicable
as from this period that have a material impact on the Company&rsquo;s condensed interim financial statements.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>5 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Financial risk management </FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 0 71.45pt; text-align: justify"><B>&nbsp;</B></P>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Nota</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B> 5.1
                                                                                                                                                          |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp; </FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Financial
                                                                                                                                                          risk factors </FONT></B></TD></TR></TABLE>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-indent: 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The Company&rsquo;s activities and the market
in which it operates expose the Company to a number of financial risks: market risk (including currency risk, cash flows interest rate
risk, fair value interest rate risk and price risk), credit risk and liquidity risk.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Additionally, the difficulty in obtaining
financing in international or national markets could affect some of the Company&rsquo;s business variables, such as interest rates, foreign
currency exchange rates and the access to sources of financing.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-indent: 0.5in; text-align: justify">With regard to the Company&rsquo;s risk management
policies, there have been no significant changes since the last fiscal year end.</P>



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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.5pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B><I>a.</I></B></FONT></TD><TD><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B><I>Market risks</I></B></FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0 0 0 70.9pt"><B><I>&nbsp;</I></B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">i.</FONT></TD><TD><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><U>Currency risk </U></FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.4pt">As of&nbsp;September 30, 2022 and December
31, 2021, the Company&rsquo;s balances in foreign&nbsp;currency are as follow:</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; width: 36%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 11%">Currency</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Amount in foreign currency</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Exchange rate (1)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 13%">Total <BR>
06.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 13%">Total <BR>
12.31.21</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">ASSETS</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">CURRENT ASSETS</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Other receivables</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">USD</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;15.6</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">147.120</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;2,295</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;171</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">Financial assets at fair value through profit or loss</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center">USD</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;67.8</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">147.120</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;9,975</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">7,846</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Cash and cash equivalents</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">USD</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;42.1</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">147.120</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;6,194</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">2,048</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">TOTAL CURRENT ASSETS</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; background-color: white">&nbsp;18,464</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; background-color: white">10,065</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">TOTAL ASSETS</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right; background-color: white">&nbsp;18,464</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right; background-color: white">10,065</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">LIABILITIES</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">NON-CURRENT LIABILITIES</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Borrowings</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">USD</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;79.2</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">147.320</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;11,662</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;-</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">TOTAL NON-CURRENT LIABILITIES</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; background-color: white">&nbsp;11,662</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; background-color: white">&nbsp;-</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">CURRENT LIABILITIES</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Trade payables</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">USD</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;11.6</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">147.320</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;1,709</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">2,049</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Borrowings</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">USD</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;27.7</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">147.320</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;4,084</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">17,042</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Other payables&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">USD</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;1.1</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">147.320</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">169</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">1,706</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">TOTAL CURRENT LIABILITIES</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;5,962</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">20,797</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">TOTAL LIABILITIES</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right; background-color: white">&nbsp;17,624</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right; background-color: white">20,797</TD></TR>
  </TABLE>

<P STYLE="font: 11pt/115% Calibri,sans-serif; margin: 0 0 0 35.45pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; line-height: 115%">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.55pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt">The exchange rates used are the BNA exchange
rates in effect as of September 30, 2022 for United States dollars (USD). </FONT></TD></TR></TABLE>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0 0 0 2cm; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">ii.</FONT></TD><TD><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><U>Fair value estimate </U></FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0 0 0 20.25pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The Company classifies the measurements of
financial instruments at fair value using a fair value hierarchy that reflects the relevance of the variables used for carrying out such
measurements. The fair value hierarchy has the following levels:</P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.45pt; text-align: justify">&middot; <B>Level 1</B>: quoted prices (unadjusted)
in active markets for identical assets or liabilities.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 35.45pt"><BR>
&middot; <B>Level 2</B>: inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly
(i.e. prices) or indirectly (i.e. derived from the prices).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 35.45pt"><BR>
&middot; <B>Level 3</B>: inputs for the asset or liability that are not based on observable market data (i.e. unobservable inputs).</P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The table below shows the Company&rsquo;s
financial assets and liabilities measured at fair value as of September 30, 2022 and December 31, 2021:</P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; width: 60%">&nbsp;</TD>
    <TD STYLE="padding-left: 24px; font-weight: bold; font-family: Arial, sans-serif; text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 19%">&nbsp;LEVEL 1&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 19%">&nbsp;LEVEL 2&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="padding-left: 24px; font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">At September 30, 2022</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-style: italic; font-family: Arial, sans-serif; vertical-align: bottom">Other receivables:</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Negotiable instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;1,341</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">-</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Guarantee deposits on derivate instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">822</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-style: italic; font-family: Arial, sans-serif; vertical-align: bottom">Financial assets at fair value through profit or loss:</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Negotiable instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">10,094</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">-</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Mutual funds</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">13,790</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">-</TD></TR>
  <TR>
    <TD STYLE="font-style: italic; font-family: Arial, sans-serif; vertical-align: bottom">Cash and cash equivalents:</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Mutual funds</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">805</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">-</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Total assets</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">26,852</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">-</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Derivative financial instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">12</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Total liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">12</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: 35.45pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; width: 74%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 25%">&nbsp;LEVEL 1&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">At December 31, 2021</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-style: italic; font-family: Arial, sans-serif; vertical-align: bottom">Financial assets at fair value through profit or loss:</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Negotiable instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">14,733</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Mutual funds</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">10,927</TD></TR>
  <TR>
    <TD STYLE="font-style: italic; font-family: Arial, sans-serif; vertical-align: bottom">Cash and cash equivalents</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Mutual funds</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;2,240</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Total assets</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">27,900</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 53.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">iii.</FONT></TD><TD><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><U>Interest rate risk </U></FONT></TD></TR></TABLE>

<P STYLE="font: 9pt Verdana,sans-serif; margin: 0 7.1pt 0 0; text-align: justify; text-indent: 35.45pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Interest rate risk is the risk of fluctuation
in the fair value or cash flows of an instrument due to changes in market interest rates. The Company&rsquo;s exposure to interest rate
risk is mainly related to its long-term debt obligations.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Indebtedness at floating rates exposes the
Company to interest rate risk on its cash flows. Indebtedness at fixed rates exposes the Company to interest rate risk on the fair value
of its liabilities. As of September 30, 2022 and December 31, 2021 all the loans were obtained at fixed interest rates. The Company&rsquo;s
policy is to keep the largest percentage of its indebtedness in instruments that accrue interest at fixed rates.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>6 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Critical accounting estimates and judgments </FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The preparation of the condensed interim
financial statements requires the Company&rsquo;s Management to make estimates and assessments concerning the future, exercise critical
judgment and make assumptions that affect the application of the accounting policies and the reported amounts of assets and liabilities
and revenues and expenses.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">These estimates and judgments are permanently
evaluated and are based upon past experience and other factors that are reasonable under the existing circumstances. Future actual results
may differ from the estimates and assessments made at the date of preparation of these condensed interim financial statements.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In the preparation of these condensed interim
financial statements, there were no changes in either the critical judgments made by the Company when applying its accounting policies
or the sources of estimation uncertainty used with respect to those applied in the Financial Statements for the year ended December 31,
2021.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>7 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Contingencies and lawsuits</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The provision for contingencies has been
recorded to face situations existing at the end of each period that may result in a loss for the Company if one or more future events
occurred or failed to occur.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">At the date of issuance of these condensed
interim financial statements, there are no significant changes with respect to the situation reported by the Company in the Financial
Statements as of December 31, 2021, except for the following:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 53.45pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt">-</TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>AFIP&rsquo;s Income Tax claim, Undocumented
outflows and VAT</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.4pt">On February 18, 2022, the Company was
served notice of the initiation of a new verification process in respect of the same suppliers in question, with a request for additional
information on transactions performed from January 2019 to the present. It was answered within the legal timeframe and in proper form
on March 8, 2022.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In the Company&rsquo;s opinion, strong and
sufficient arguments exist to make its position prevail at the judicial stage. Therefore, no liabilities whatsoever have been recorded
for this matter as of September 30, 2022.</P>


<!-- Field: Page; Sequence: 18 -->
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    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Nevertheless, the Company is currently assessing
different scenarios with the aim of defending itself against the tax claims, among them, adhering to easy payment term or debt regularization
plans existing at the time the decision is made by Management.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><B>- Federal Administration of Public Revenues
(&ldquo;AFIP&rdquo;) &ndash; Difference in contribution rate to the Single Social Security System (&ldquo;SUSS&rdquo;) (executive order
814/2001) for the 12/2011- 11/2019 fiscal periods</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On August 23, 2022 the Company was notified
by the AFIP of the resolution whereby the challenge filed is rejected and the adjustment assessed under Verification Process Order No.
1,893,337 for the periods of July 2019 through November 2019 is confirmed. This act exhausted all the available administrative remedies.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In the Company&rsquo;s opinion, strong and
sufficient arguments exist to make its position prevail at the judicial stage. In view of the disagreement over the adjustment, on October
4, 2022 the Company filed an Appeal to the Federal Social Security Court of Appeals.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>8 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Revenue from sales and energy purchases </FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">We provide below a brief description
of the main services provided by the Company:</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt"><B>Sales of electricity</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 19%; border-top: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Small demand segment: Residential use and public lighting (T1)</FONT></TD>
    <TD STYLE="width: 81%; border-top: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; text-align: justify; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Relates to the highest demand average recorded over 15 consecutive minutes that is less than 10 kilowatts. In turn, this segment is subdivided into different residential categories based on consumption. This segment also includes a category for public lighting. Users are categorized by the Company according to their consumption.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #7F7F7F 1pt solid; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Medium demand segment: Commercial and industrial customers (T2)</FONT></TD>
    <TD STYLE="border-bottom: #7F7F7F 1pt solid; text-align: justify; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Relates to the highest demand average recorded over 15 consecutive minutes that is equal to or greater than 10 Kilowatts but less than 50 Kilowatts. The Company agrees with the user the supply capacity.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Large demand segment (T3)</FONT></TD>
    <TD STYLE="text-align: justify; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Relates to the highest demand average recorded over 15 consecutive minutes that is greater than 50 Kilowatts. In turn, this segment is subdivided into categories according to the supply voltage -low, medium or high-, from voltages of up to 1 Kilovolt to voltages greater than 66 Kilovolts.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-top: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid">
    <P STYLE="font: 10pt Arial,sans-serif; margin: 0">Other: (Shantytowns/</P>
    <P STYLE="font: 10pt Arial,sans-serif; margin: 0">Wheeling system)</P></TD>
    <TD STYLE="border-top: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; text-align: justify; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Revenue is recognized to the extent that a renewal of the Framework Agreement has been formalized for the period in which the service was accrued. In the case of the service related to the Wheeling system, revenue is recognized when the Company allows third parties (generators and large users) to access to the available transmission capacity within its distribution system upon payment of a wheeling fee. </FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The KWh price relating to the Company&rsquo;s
sales of electricity is determined by the ENRE by means of the periodic publication of electricity rate schedules (Note 2), for those
distributors that are regulated by the aforementioned Regulatory Authority, based on the rate setting and adjustment process set forth
in the Concession.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt"><B>Other services</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 19%; border-top: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Right of use of poles</FONT></TD>
    <TD STYLE="width: 81%; border-top: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; text-align: justify; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Revenue is recognized to the extent that the rental value of the right of use of the poles used by the Company&rsquo;s electricity network has been agreed upon for the benefit of third parties.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #7F7F7F 1pt solid; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Connection and reconnection charges</FONT></TD>
    <TD STYLE="border-bottom: #7F7F7F 1pt solid; text-align: justify; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Relate to revenue accrued for the carrying out of the electricity supply connection of new customers or the reconnection of already existing users.</FONT></TD></TR>
  </TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/115% Arial,sans-serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt"><B>Energy purchases</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 19%; border-top: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Energy purchase </FONT></TD>
    <TD STYLE="width: 81%; border-top: #7F7F7F 1pt solid; border-bottom: #7F7F7F 1pt solid; text-align: justify; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">The Company bills its users the cost of its purchases of energy, which includes charges for purchases of energy and power. The Company purchases electric power at seasonal prices approved by the SE. The price of the Company&rsquo;s electric power reflects the costs of transmission and other regulatory charges.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #7F7F7F 1pt solid">
    <P STYLE="font: 10pt Arial,sans-serif; margin: 0">Energy</P>
    <P STYLE="font: 10pt Arial,sans-serif; margin: 0">losses</P></TD>
    <TD STYLE="border-bottom: #7F7F7F 1pt solid; text-align: justify; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Energy losses are equivalent to the difference between energy purchased and energy sold. These losses can be classified into technical and non-technical losses. Technical losses represent the energy lost during transmission and distribution within the network as a consequence of the natural heating of the conductors and transformers that carry electricity from power generation plants to users. Non-technical losses represent the remainder of the Company&rsquo;s energy losses and are mainly due to the illegal use of its services or the theft of energy. Energy losses require that the Company purchase additional energy in order to meet the demand and its Concession Agreement allows it to recover from its users the cost of these purchases up to a loss factor specified in its concession for each rate category. The current loss factor recognized in the tariff by virtue of its concession amounts to approximately 9.1%.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">09.30.21</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 48%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 3%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">GWh</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">$</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 3%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">GWh</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">$</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Sales of electricity</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: justify">Small demand segment: Residential use and public lighting (T1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">10,026</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;75,179</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">9,493</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;89,911</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: justify">Medium demand segment: Commercial and industrial (T2)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">1,146</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;13,200</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">1,077</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;15,580</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: justify">Large demand segment (T3)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">2,790</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;40,265</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">2,594</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;35,076</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: justify">Other: (Shantytowns/Wheeling system)<BR></TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">3,407</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;6,381</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">3,305</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;6,418</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Subtotal - Sales of electricity</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">17,369</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;135,025</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">16,469</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;146,985</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Other services</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Right of use of poles</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">692</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">816</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Connection and reconnection charges</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;80</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;91</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Subtotal - Other services</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">772</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">907</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Total - Revenue</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;135,797</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;147,892</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">09.30.21</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; width: 48%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 3%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">GWh</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">$</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 3%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">GWh</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">$</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Energy purchases <FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;20,684</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;(91,534)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;20,088</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;(90,353)</TD></TR>
  </TABLE>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 0 42.55pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: -7.1pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 24.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">(1)</FONT></TD><TD STYLE="text-align: justify; padding-right: 7.05pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">As of September 30,
2022 and 2021, the cost of energy purchases includes technical and non-technical energy losses for 3,315 GWh and 3,619 GWh, respectively.</FONT></TD></TR></TABLE>



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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>9 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Expenses by nature </FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>
<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The detail of expenses by nature is as follows:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center">Expenses by nature at 09.30.22</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 40%">&nbsp;Description&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 14%">&nbsp;Transmission and distribution expenses&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 14%">&nbsp;Selling&nbsp;expenses&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 14%">&nbsp;Administrative expenses&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 14%">&nbsp;Total&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Salaries and social security taxes&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">14,038</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,125</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;4,182</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">20,345</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Pension plans</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;661</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;100</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">197</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;958</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Communications expenses</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;325</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;583</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;909</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Allowance for the impairment of trade and other receivables</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">1,658</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">1,658</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Supplies consumption&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,427</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">256</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">2,683</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Leases and insurance</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">700</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;701</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Security service</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;656</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;77</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">55</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;788</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Fees and remuneration for services</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,048</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,685</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;4,341</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">14,074</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Public relations and marketing</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;994</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;994</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Advertising and sponsorship&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;512</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;512</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Reimbursements to personnel&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-family: Arial, sans-serif; text-align: left">Depreciation of property, plants and <BR>
equipments</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,172</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,367</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,121</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">11,660</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-family: Arial, sans-serif; text-align: left">Depreciation of right-of-use asset</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;65</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;130</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">456</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;651</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-family: Arial, sans-serif; text-align: left">Directors and Supervisory Committee <BR>
members&rsquo; fees&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;16</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">ENRE penalties</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,725</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,021</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">3,746</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Taxes and charges&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,044</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">95</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">2,139</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Other</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">31</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;32</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: center">At 09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">35,118</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">15,297</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;11,452</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">61,867</TD></TR>
  </TABLE>
<P STYLE="font: 11pt/115% Calibri,sans-serif; margin: 0"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 8pt; line-height: 115%"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The expenses included in the chart above
are net of the Company&rsquo;s own expenses capitalized in property, plant and equipment as of September 30, 2022 for $ 2,789.4.</P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center">Expenses by nature at 09.30.21</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 40%">&nbsp;Description&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 14%">&nbsp;Transmission and distribution expenses&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 14%">&nbsp;Selling&nbsp;expenses&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 14%">&nbsp;Administrative expenses&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 14%">&nbsp;Total&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Salaries and social security taxes&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13,879</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,220</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;3,387</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">19,486</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Pension plans</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;917</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;147</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">224</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,288</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Communications expenses</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;340</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;735</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,075</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Allowance for the impairment of trade and other receivables</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">2,324</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">2,324</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Supplies consumption&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,715</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">288</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">3,003</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Leases and insurance</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">639</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;640</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Security service</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;615</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;42</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">142</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;799</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Fees and remuneration for services</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,653</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,883</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;2,838</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">13,374</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Public relations and marketing</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;16</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;16</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Advertising and sponsorship&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">8</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Reimbursements to personnel&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Depreciation of property, plants and equipments&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">8,891</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">1,325</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;1,087</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">11,303</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Depreciation of right-of-use asset</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;86</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;171</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">599</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;856</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-family: Arial, sans-serif; text-align: left">Directors and Supervisory Committee<BR>
members&rsquo; fees&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">46</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;46</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">ENRE penalties</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,085</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,326</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">2,411</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Taxes and charges&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,146</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">107</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">2,253</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Other</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">35</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;35</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: center">At 09.30.21</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">35,181</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">14,344</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;9,393</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">58,918</TD></TR>
  </TABLE>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The expenses included in the chart above
are net of the Company&rsquo;s own expenses capitalized in property, plant and equipment as of September 30, 2021 for $ 2,822.9.</P>



<!-- Field: Page; Sequence: 21 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>10 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Other operating income (expense), net </FONT></B></TD></TR></TABLE>



<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 54%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; font-weight: bold; font-family: Arial, sans-serif; width: 6%">Note</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; background-color: white; width: 19%">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; background-color: white; width: 19%">09.30.21</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Other operating income</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Income from customer surcharges</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">1,902</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">2,477</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Commissions on municipal taxes collection</TD>
    <TD STYLE="text-align: center; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;443</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;458</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top">Fines to suppliers&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">79</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;160</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top">Services provided to third parties</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;322</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;278</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Income from non-reimbursable customer <BR>
contributions</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">43</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">59</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Expense recovery</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">42</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">52</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Construction plan Framework agreement</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">2.b</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">1,285</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">2,663</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Other</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">63</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">69</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Total other operating income</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">4,179</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">6,216</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Other operating expense</TD>
    <TD STYLE="text-align: center; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Gratifications for services</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(119)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(906)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Cost for services provided to third parties</TD>
    <TD STYLE="text-align: center; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(324)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(126)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Severance paid&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(71)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(45)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Debit and Credit Tax</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(1,256)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(1,338)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Provision for contingencies</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">29</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(3,636)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(2,953)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-family: Arial, sans-serif; text-align: left">Disposals of property, plant and equipment&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(223)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(336)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Other</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(52)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(72)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Total other operating expense</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(5,681)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(5,776)</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 0 49.65pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 21.3pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 21.3pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>11 |</B></FONT><B> <FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Net
finance costs</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 46%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 8%">Note</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 3%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 21%">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; background-color: white; width: 21%">09.30.21</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-decoration: underline; font-family: Arial, sans-serif; background-color: white">Financial income</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Financial interest</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-bottom: Black 0.5pt solid; text-align: right">51</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-bottom: Black 0.5pt solid; text-align: right">47</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-decoration: underline; font-family: Arial, sans-serif; background-color: white">Financial costs</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Commercial interest</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(39,018)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(24,831)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Interest and other&nbsp;</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(8,349)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(6,041)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Fiscal interest</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(6)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(6)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Bank fees and expenses</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(46)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(60)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">Total financial costs</TD>
    <TD STYLE="text-align: center; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">(47,419)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">(30,938)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-decoration: underline; font-family: Arial, sans-serif; background-color: white">Other financial results</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Changes in fair value of financial assets</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(1,750)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;4,547</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">Loss on debt restructuring</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center; background-color: white">33</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;(365)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">Net gain from the cancelattion of <BR>
Corporate Notes</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;(310)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;5</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Exchange differences</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">859</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(2,217)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Adjustment to present value of receivables</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;(220)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;(174)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">Recovery of provision for credit RDSA</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center; background-color: white">32</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">964</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Other financial costs (*)</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,732)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(252)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">Total other financial costs</TD>
    <TD STYLE="text-align: center; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">(4,518)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">2,873</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">Total net financial costs</TD>
    <TD STYLE="text-align: center; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">(51,886)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">(28,018)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 42.55pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0 0 0 42.55pt; text-align: justify">(*) As of September 30, 2022, $ 2,450.2 relates to EDELCOS
S.A. technical assistance.</P>



<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>12 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Basic and diluted loss per share</FONT></B></TD></TR></TABLE>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-indent: 124.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 70.9pt"><B><I>Basic</I></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The basic loss per share is calculated by
dividing the loss attributable to the holders of the Company&rsquo;s equity instruments by the weighted average number of common shares
outstanding as of September 30, 2022 and 2021, excluding common shares purchased by the Company and held as treasury shares.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The basic loss per share coincides with the
diluted loss per share, inasmuch as there exist neither preferred shares nor Corporate Notes convertible into common shares.</P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;Nine months at&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;Three months at&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center; font-weight: bold; font-family: Arial, sans-serif; width: 45%">&nbsp;</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 13%">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 12%">09.30.21</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 12%">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 13%">09.30.21</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Loss for the period attributable to the owners of the Company&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(18,107)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;(24,418)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;(6,082)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(1,105)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Weighted average number of common shares outstanding</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;875</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">875</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">875</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;875</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: left">Basic and diluted loss per share &ndash; in pesos</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">(20.69)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;(27.91)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;(6.95)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">(1.26)</TD></TR>
  </TABLE>




<!-- Field: Page; Sequence: 23 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>13 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Property, plant and equipment </FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 49.65pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 8pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; width: 16%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;Lands and buildings&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 9%">&nbsp;Substations&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 10%">&nbsp;High, medium and low voltage lines&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">&nbsp;Meters and Transformer chambers and platforms&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">&nbsp;Tools, Furniture, vehicles, equipment, communications and advances to suppliers&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 9%">&nbsp;Construction in process&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 9%">Supplies and spare parts&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 9%">&nbsp;Total&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;At 12.31.21&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Cost</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;9,429</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;84,661</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;210,819</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;91,608</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">19,817</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;72,438</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;800</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;489,572</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Accumulated depreciation</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(2,008)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(29,264)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(84,380)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">(37,665)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">(11,784)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(165,101)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double">&nbsp;Net amount&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;7,421</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;55,397</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;126,439</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;53,943</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">8,033</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;72,438</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;800</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;324,471</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Additions</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">51</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">25</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">298</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;523</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;692</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;15,213</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16,802</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Disposals</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(118)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(105)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(223)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Transfers</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">28</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;2,632</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;7,256</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;2,262</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,983</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(15,212)</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;51</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-family: Arial, sans-serif">Depreciation for the period</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(149)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(2,292)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5,282)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,639)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(1,298)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(11,660)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&nbsp;Net amount 09.30.22&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;7,351</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;55,762</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;128,593</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;53,984</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">10,410</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;72,439</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;851</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;329,390</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;At 09.30.22&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Cost</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;9,508</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;87,318</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;217,961</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;94,230</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">23,492</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;72,439</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;851</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;505,799</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Accumulated depreciation</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(2,157)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(31,556)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(89,368)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(40,246)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(13,082)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(176,409)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double">&nbsp;Net amount&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;7,351</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;55,762</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;128,593</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;53,984</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">10,410</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;72,439</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;851</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;329,390</TD></TR>
  </TABLE>

<P STYLE="margin: 0">&nbsp;</P>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">During the period ended September 30, 2022, the Company capitalized as
direct own costs $ 2,789.4.</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 8pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; width: 16%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;Lands and buildings&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 9%">&nbsp;Substations&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 10%">&nbsp;High, medium and low voltage lines&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">&nbsp;Meters and Transformer chambers and platforms&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">&nbsp;Tools, Furniture, vehicles, equipment, communications and advances to suppliers&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 9%">&nbsp;Construction in process&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 9%">Supplies and spare parts&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 9%">&nbsp;Total&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;At 12.31.20&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Cost</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;9,137</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;78,884</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;200,982</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;87,827</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15,720</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;70,298</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;809</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;463,657</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Accumulated depreciation</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(1,794)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(26,398)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(77,704)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">(34,338)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">(10,292)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(150,526)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double">&nbsp;Net amount&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;7,343</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;52,486</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;123,278</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;53,489</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">5,428</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;70,298</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;809</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;313,131</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Additions</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">68</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">489</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">143</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;558</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,589</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;13,467</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,621</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">18,935</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Disposals</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(11)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(46)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(275)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(4)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(336)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Transfers</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">242</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;3,254</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;7,200</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;2,281</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;593</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(11,154)</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,416)</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font-family: Arial, sans-serif">Depreciation for the period</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(165)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(2,141)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5,243)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,665)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(1,089)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(11,303)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&nbsp;Net amount 09.30.21&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;7,477</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;54,088</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;125,332</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;53,388</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">6,517</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;72,611</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">1,014</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;320,427</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;At 09.30.21&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Cost</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;9,435</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;82,628</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;208,100</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;90,236</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">17,880</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;72,611</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,014</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;481,904</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Accumulated depreciation</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(1,958)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(28,540)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(82,768)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(36,848)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(11,363)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(161,477)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double">&nbsp;Net amount&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;7,477</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;54,088</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;125,332</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;53,388</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">6,517</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;72,611</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">1,014</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;320,427</TD></TR>
  </TABLE>

<P STYLE="font: 9pt Verdana,sans-serif; margin: 0">&nbsp;</P>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">During the period ended September 30, 2021, the Company capitalized as
direct own costs $ 2,822.9.</FONT></TD></TR></TABLE>



<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>14 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Right-of-use assets</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 49.65pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-indent: 35.45pt">The leases recognized as right-of-use assets in accordance with
IFRS 16 are disclosed below:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-indent: 35.45pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="background-color: white">
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; width: 59%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 20%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 19%">&nbsp;12.31.21&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Right-of-use assets by leases</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;830</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;706</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 1cm; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-indent: 42.55pt">The development of right-of-use assets is as follows:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-family: Arial, sans-serif; text-align: justify; width: 59%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 20%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 19%">&nbsp;09.30.21&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Balance at beginning of year</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">&nbsp;706</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">&nbsp;703</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Additions</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;775</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;875</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">Depreciation for the period</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(651)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;(856)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Balance at end of the period</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right; background-color: white">&nbsp;830</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right; background-color: white">&nbsp;722</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.45pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.45pt; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>15 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Inventories</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 49.65pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 62%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 18%">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 18%">12.31.21</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Supplies and spare-parts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;4,874</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;5,713</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Advance to suppliers</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;1</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;1</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Total inventories</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;4,875</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;5,714</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 0 7.1pt; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 21.3pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>16 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Other receivables</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center; text-indent: 14.2pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: center; width: 57%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 7%">Note</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 17%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 17%">&nbsp;12.31.21&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Non-current:</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Financial credit</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;8</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Related parties</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;30.c&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;3</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;4</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Total non-current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;3</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;12</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Current:</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Construction plan Framework agreement</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;2.b&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;1,283</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">488</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Negotiable instruments (*)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1,341</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Guarantee deposits on derivative instruments</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">822</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Credit for Real estate asset</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">32</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>

    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;51</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Judicial deposits</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">192</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">141</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Security deposits</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;87</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">107</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Prepaid expenses</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">265</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">345</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Advances to personnel</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;40</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Financial credit&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;14</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;23</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Advances to suppliers</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;20</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;15</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Tax credits</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;3,324</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;2,266</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Related parties</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;30.c&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;1</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Debtors for complementary activities</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">165</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">105</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="font-family: Arial, sans-serif; text-align: left">Other</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;2</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;8</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Allowance for the impairment of other receivables</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(37)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(49)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Total current</TD>
    <TD STYLE="text-align: center; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">&nbsp;7,478</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">&nbsp;3,541</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center; text-indent: 14.2pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center; text-indent: 14.2pt">&nbsp;</P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0 35.4pt 0 35.45pt; text-align: justify">(*) Relate to Securities issued by private companies
for 4,907,900 NV assigned to Global Valores S.A. The Company retains the risks and rewards of the aforementioned bonds and may make use
of them, at its own request, in a term of 15 days.</P>



<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The value of the Company&rsquo;s other financial
receivables approximates their fair value.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The non-current other receivables are measured
at amortized cost, which does not differ significantly from their fair value.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-indent: 35.45pt">The roll forward of the allowance for the impairment of other
receivables is as follows:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-indent: 35.45pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; width: 57%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; width: 7%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 17%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 17%">&nbsp;09.30.21&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Balance at beginning of year</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;49</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;5,522</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Increase</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;17</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;5</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Decrease</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">(3,159)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Result from exposure to inlfation</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;(20)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">(1,257)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Recovery</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;(9)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;(985)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Balance at end of the period</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;37</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">126</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 0 14.2pt; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 14.2pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>17 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Trade receivables</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center; text-indent: 14.2pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 57%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 17%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 17%">&nbsp;12.31.21&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Sales of electricity &ndash; Billed&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;19,927</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;24,973</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Receivables in litigation</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">267</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">421</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Allowance for the impairment of trade receivables</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7,132)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(9,975)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Subtotal</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;13,062</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;15,419</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Sales of electricity &ndash; Unbilled</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;12,797</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;13,110</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">PBA &amp; CABA government credit</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">791</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">636</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Fee payable for the expansion of the transportation and others</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;2</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;3</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Total Trade receivables</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;26,652</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;29,168</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center; text-indent: 14.2pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center; text-indent: 14.2pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The value of the Company&rsquo;s trade receivables
approximates their fair value.</P>

<P STYLE="font: 9pt Verdana,sans-serif; margin: 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-indent: 35.45pt">The roll forward of the allowance for the impairment of trade
receivables is as follows:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-indent: 35.45pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; width: 57%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; width: 7%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 17%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 17%">&nbsp;09.30.21&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Balance at beginning of the year</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;9,975</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;11,544</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Increase</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;1,650</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;2,324</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Decrease</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;(196)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;(300)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Result from exposure to inlfation</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">(4,297)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">(3,517)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Balance at end of the period</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;7,132</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;10,051</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 21.3pt; text-align: center">&#9;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>18 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Financial assets at amortized cost</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 49.65pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify; width: 53%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; width: 7%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 19%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 19%">&nbsp;12.31.21&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Negotiable instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-bottom: Black 2pt double; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-bottom: Black 2pt double; text-align: right">404</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 14.2pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 14.2pt">&nbsp;</P>

<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>19 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Financial assets at fair value through profit or loss</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 49.65pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 53%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 7%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 19%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 19%">&nbsp;12.31.21&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Negotiable instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;10,094</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;14,733</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Mutual funds&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;13,790</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;10,927</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Total Financial assets at fair value through profit or loss</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;23,884</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;25,660</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center; text-indent: 14.2pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center; text-indent: 14.2pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center; text-indent: 14.2pt"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>20 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Cash and cash equivalents</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center; color: #76923C"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center; font-weight: bold; font-family: Arial, sans-serif; width: 49%">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold; font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 16%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 16%">&nbsp;12.31.21&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 16%">&nbsp;09.30.21&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Cash and banks</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;6,332</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;2,521</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;2,615</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Time deposits</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">507</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;1,843</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Mutual funds&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">805</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;2,240</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;11,592</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Total cash and cash equivalents</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;7,137</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;5,268</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;16,050</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; color: #76923C"><B></B></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center; color: #76923C"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center; color: #76923C"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>21 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Share capital and additional paid-in capital </FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; width: 49%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 16%">&nbsp;Share capital&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 16%">&nbsp;Additional paid-in capital&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 16%">&nbsp;Total&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Balance at December 31, 2020</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;95,451</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;1,262</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;96,713</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">Payment of Other reserve constitution - Share-bases compensation plan</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">10</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">10</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Balance at December 31, 2021</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;95,451</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;1,272</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;96,723</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">Payment of Other reserve constitution - Share-bases compensation plan</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;8</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;8</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Balance at September 30, 2022</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;95,451</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;1,280</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;96,731</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: justify; text-indent: 21.3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">As of September 30, 2022, the Company&rsquo;s
share capital amounts to 906,455,100 shares, divided into 462,292,111 common, book-entry Class A shares with a par value of one peso each
and the right to one vote per share; 442,210,385 common, book-entry Class B shares with a par value of one peso each and the right to
one vote per share; and 1,952,604 common, book-entry Class C shares with a par value of one peso each and the right to one vote per share.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On April 22, 2022, the Company awarded, as
part of the Share-based Compensation Plan, 140,129 treasury shares to Executive Directors, Managers and other personnel holding key executive
positions in the Company.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>22 |</B></FONT><B> <FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Allocation
of profits</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The restrictions on the distribution of dividends
by the Company are those provided for by the Business Organizations Law and the negative covenants established by the Corporate Notes
program.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">If the Company&rsquo;s Debt Ratio were higher
than 3.75, the negative covenants included in the Corporate Notes program, which establish, among other issues, the Company&rsquo;s impossibility
to make certain payments, such as dividends, would apply.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Additionally, in accordance with Title IV,
Chapter III, section 3.11.c of the CNV, the amounts subject to distribution will be restricted to the amount equivalent to the acquisition
cost of the Company&rsquo;s own shares.</P>



<!-- Field: Page; Sequence: 28 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>23 |</B></FONT><B> <FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Trade
payables </FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; width: 56%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 17%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 17%">&nbsp;12.31.21&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Non-current</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Customer guarantees</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">516</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">610</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Customer contributions</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">309</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">487</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Total non-current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">825</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;1,097</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Payables for purchase of electricity - CAMMESA&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;121,050</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;95,688</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Provision for unbilled electricity purchases - CAMMESA</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;21,977</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;15,744</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Suppliers</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;4,893</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;14,186</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Advance to customer&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">664</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">778</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Customer contributions</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;34</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;54</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Discounts to customers</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;61</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Total current</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;148,619</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;126,511</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The fair values of non-current customer contributions
as of September 30, 2022 and December 31, 2021 amount to $ 37.2 and $ 77.1, respectively. The fair values are determined based on estimated
discounted cash flows in accordance with a representative market rate for this type of transactions. The applicable fair value category
is Level 3.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The value of the rest of the financial liabilities
included in the Company&rsquo;s trade payables approximates their fair value.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>24 |</B></FONT><B> <FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Other
payables </FONT></B></TD></TR></TABLE>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 56%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 7%">Note</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 17%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 17%">&nbsp;12.31.21&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Non-current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">ENRE penalties and discounts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;14,904</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;15,569</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Financial Lease Liability<FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">(1)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;98</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">131</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Total Non-current</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;15,002</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;15,700</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Current</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">ENRE penalties and discounts</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;5,648</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;5,902</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Related parties</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;30.c&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">189</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">229</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Advances for works to be performed</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;13</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;22</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Financial Lease Liability <FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">(1)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">507</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">445</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Other</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;12</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;6</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Total Current</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;6,369</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;6,604</TD></TR>
  </TABLE>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The value of the Company&rsquo;s other financial
payables approximates their fair value.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">The development of the finance lease liability
is as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 53.45pt; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="background-color: white">
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; width: 59%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center; width: 20%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: center; width: 19%">&nbsp;09.30.21&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">Balance at beginning of year</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">&nbsp;576</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right; background-color: white">&nbsp;346</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">Increase</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;580</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;655</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Payments</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(768)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;(461)</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Exchange difference</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;268</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;208</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;177</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;138</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Result from exposure to inflation</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(228)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;(145)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Balance at end of the period</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;605</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right; background-color: white">&nbsp;741</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 0 14.2pt; text-align: center; text-indent: 7.1pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 14.2pt; text-align: center; text-indent: 7.1pt"><B></B></P>

<!-- Field: Page; Sequence: 29 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>25 |</B></FONT><B> <FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Borrowings</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: justify; width: 59%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: justify; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 19%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 19%">&nbsp;12.31.21&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Non-current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Arial, sans-serif">Corporate notes (1)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">&nbsp;11,662</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">-</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Corporate notes (1)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;3,630</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;16,718</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Arial, sans-serif">Interest from corporate notes</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">454</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">324</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Total Borrowings</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;4,084</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;17,042</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 38.8pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 9pt">Net of debt issuance, repurchase and redemption
expenses.</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Verdana,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The fair values of the Company&rsquo;s borrowings
as of September 30, 2022 and December 31, 2021 amount approximately to $ 14,929.4 and $ 14,917.6 respectively. Such values were determined
on the basis of the estimated market price of the Company&rsquo;s Corporate Notes at the end of each period. The applicable fair value
category is Level 1.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On April 12, 2022, the Company launched an
offer to exchange the Class No. 9 Corporate Notes issued by the Company maturing on October 25, 2022, for New Class No. 1 Corporate Notes
due in 2025, whose issue and placement were approved by the Company on May 12, 2022 (Note 33).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Additionally, on August 5, 2022, the Company
approved the terms of issue of New Class No. 2 Corporate Notes due in 2024, in the framework of the Global Simple Corporate Notes Issuance
Program, in accordance with the provisions of the Prospectus Supplement dated September 14, 2022 (Note 33).</P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Furthermore, on September 23, 2022, the Company
reopened the exchange offer of the Class No. 9 Corporate Notes issued by the Company maturing on October 25, 2022, for New Class No. 1
Corporate Notes due in 2025, whose issue and placement were approved by the Company on October 24, 2022 (Note 33).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The Company is subject to restrictions on
its ability to incur indebtedness pursuant to the terms and conditions of the Class No. 9 Corporate Notes due 2022, the Class No. 2 Corporate
Notes due 2024, and the Class No. 1 Corporate Notes due 2025, which indicate that the Company may not incur new Indebtedness, except for
certain Permitted Indebtedness or when the Leverage ratio is not greater than 3.75 or less than zero and the Interest Expense Coverage
ratio is less than 2. As of September 30, 2022, the values of the above-mentioned ratios do not meet the established parameters.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">This situation does not trigger any Event
of Default whatsoever and the Company may incur certain Permitted Indebtedness as set forth in the terms and conditions of the Corporate
Notes (including the refinancing of its outstanding Corporate Notes).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Moreover, in July 2022, through successive
market transactions, the Company repurchased Class No. 9 Corporate Notes for a total of USD 1,586,000 nominal value, which is equivalent
to $ 472. The aforementioned Corporate Notes held by the Company were settled in the market on October 18, 2022</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white; color: #222222">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Finally, on October 25, 2022, the Company
made payment to the Holders of Class No. 9 Corporate Notes who did not participate in the exchange offer, for a total amount of USD 20,616,000,
along with the final scheduled interest payment.</P>



<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>26 |</B></FONT><B> <FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Salaries
and social security taxes payable</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 56%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 21%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 21%">&nbsp;12.31.21&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Non-current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Seniority-based bonus</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-bottom: Black 2pt double; text-align: right">615</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-bottom: Black 2pt double; text-align: right">662</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Salaries payable and provisions</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;5,922</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;6,605</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Social security payable</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">653</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">855</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Early retirements payable</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;29</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;40</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Total current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;6,604</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;7,500</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The value of the Company&rsquo;s salaries
and social security taxes payable approximates their fair value.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>27 |</B></FONT><B> <FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Income
tax and deferred tax</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-indent: 35.45pt">The breakdown of income tax, determined in accordance with the
provisions of IAS 12 is as follows:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="font-family: Arial, sans-serif; width: 55%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 21%">09.30.22</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 21%">09.30.21</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Deferred tax</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;(8,815)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(9,318)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Change in the income tax rate</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(13,678)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Current tax</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(3,930)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Difference between provision and tax return</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;183</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">410</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Income tax expense</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(8,632)</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(26,516)</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 0 1cm; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 1cm; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The detail of the income tax expense for
the period includes two effects: (i) the current tax for the period payable in accordance with the tax legislation applicable to the Company;
and (ii) the effect of applying the deferred tax method on the temporary differences arising from the valuation of assets and liabilities
for accounting and tax purposes.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The breakdown of deferred tax assets and
liabilities is as follows:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; width: 54%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 22%">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 22%">12.31.21</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Deferred tax assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Tax loss carry forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">1,339</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">-</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Trade receivables and other receivables</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">2,552</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">3,708</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Trade payables and other payables</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,961</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,995</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Salaries and social security payable and Benefit plans</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">744</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">914</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Tax liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">21</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">42</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Provisions</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,507</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,683</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Deferred tax asset</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">9,124</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">9,342</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Deferred tax liabilities</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Property, plants and equipments</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(94,814)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(84,672)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Financial assets at fair value through profit or loss</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(1,879)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(634)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Borrowings</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(186)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(2)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Adjustment effect on tax inflation</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(2,982)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(6,139)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Deferred tax liability</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">(99,861)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">(91,447)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Net deferred tax liability</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(90,737)</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(82,105)</TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The reconciliation between the income tax
expense recognized in profit or loss and the amount that would result from applying the applicable tax rate to the accounting (loss) profit
before taxes, is as follows:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; width: 55%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; background-color: white; width: 21%">09.30.22</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; background-color: white; width: 21%">09.30.21</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top">Profit for the period before taxes</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(9,475)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">2,098</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Applicable tax rate</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right">35%</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; background-color: white">35%</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Result for the period at the tax rate</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">3,316</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: white">(734)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Restatement of equity and Gain (Loss) on exposure to inflation of deferred tax</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">4,192</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(4,463)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Adjustment effect on tax inflation</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(16,313)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(7,991)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Income tax expense</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(10)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">(60)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: left">Difference between provision and tax return</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">183</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">410</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Change in the income tax rate</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(13,678)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Income tax expense</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right; background-color: white">(8,632)</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right; background-color: white">(26,516)</TD></TR>
  </TABLE>
<P STYLE="font: 11pt/115% Calibri,sans-serif; margin: 0 0 0 2cm"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; line-height: 115%"></FONT></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 0 2cm">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 0 1cm">The detail of the income tax payable is as follows:</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 0 1cm">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 55%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 21%">&nbsp;09.30.22&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 21%">&nbsp;12.31.21&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">Tax payable 2021</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;3,391</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">Tax withholdings</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: top; text-align: right">(1,309)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Total current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;2,082</TD></TR>
  </TABLE>

<P STYLE="font: 11pt/115% Calibri,sans-serif; margin: 0 0 0 49.65pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; line-height: 115%"></FONT></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 0 49.65pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>28 |</B></FONT><B> <FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Tax
liabilities</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 49.65pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #333399; font-family: Arial, sans-serif; width: 55%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 21%">09.30.22</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 21%">12.31.21</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Non-current</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Provincial, municipal and federal contributions and taxes</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">337</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">217</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">Tax withholdings</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">441</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">378</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: left">SUSS withholdings</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;30</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: right">&nbsp;45</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">Municipal taxes</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">295</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">387</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">Total Tax liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;1,103</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;1,027</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 9pt Verdana,sans-serif; margin: 0 0 0 21.3pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Verdana,sans-serif; margin: 0 0 0 21.3pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>29 |</B></FONT><B> <FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Provisions</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-style: italic; text-decoration: underline; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left; width: 53%">Included in non-current liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; width: 22%">&nbsp;</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center; width: 2%">&nbsp;</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center; width: 22%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center">Contingencies</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">09.30.22</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: center">09.30.21</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">At 12.31.21</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">6,611</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">6,093</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Increases</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">2,357</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">2,198</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Result from exposure to inflation for the period</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(3,189)</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(1,885)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">At 09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">5,779</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">6,406</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-style: italic; text-decoration: underline; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Included in current liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center">Contingencies</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center">09.30.22</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center">09.30.21</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">At 12.31.21</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">891</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">897</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Increases</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">1,279</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">755</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Decreases</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(405)</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(415)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">Result from exposure to inflation for the period</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(479)</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">(280)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">At 09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">1,286</TD>
    <TD STYLE="color: #31869B; font: 9pt Verdana, sans-serif; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">957</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center"><B></B></P>

<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR><TR><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 49.65pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>30 |</B></FONT><B> <FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Related-party
transactions </FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 1cm">The following transactions were carried out with related parties:</P>

<P STYLE="font: 9pt Verdana,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.85pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt"><B>a.</B></FONT></TD><TD><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt">Expense</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 21.2pt 0 0; text-align: center; text-indent: 49.65pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-weight: bold; font-style: italic; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 31%">Company</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-style: italic; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center; width: 36%">Concept</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 15%">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 15%">09.30.21</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">EDELCOS S.A.</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">Technical advisory services on financial matters</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,450)</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">SACME</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">Operation and oversight of the electric power transmission system</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(162)</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(112)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-family: Arial, sans-serif">Estudio Cuneo Libarona Abogados</TD>
    <TD STYLE="font-family: Arial, sans-serif">Legal fees</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(3)</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(2,615)</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(112)</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 21.2pt 0 0; text-align: center; text-indent: 35.45pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 21.2pt 0 0; text-align: center; text-indent: 49.65pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.85pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>b.</B></FONT></TD><TD><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Key Management personnel&rsquo;s remuneration</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 99.25pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; width: 31%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; width: 36%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 15%">09.30.22</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; vertical-align: top; text-align: center; width: 15%">09.30.21</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Salaries&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">914</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">1,686</TD></TR>
  </TABLE>
<P STYLE="font: 11pt/115% Calibri,sans-serif; margin: 0 21.2pt 10pt 219.75pt; text-align: center; text-indent: -170.25pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt; line-height: 115%"></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 21.3pt">The balances with related parties are as follow:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.85pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>c.</B></FONT></TD><TD><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Receivables and payables</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 14.15pt 0 21.3pt; text-align: right">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white; width: 31%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; background-color: white; width: 36%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 15%">09.30.22</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: center; width: 15%">12.31.21</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-style: italic; text-decoration: underline; font-family: Arial, sans-serif">Other receivables - Non current</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">SACME</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">&nbsp;3</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 2pt double; text-align: right">&nbsp;4</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-style: italic; text-decoration: underline; font-family: Arial, sans-serif; vertical-align: bottom">Other receivables - Current</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">SACME</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;1</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-style: italic; text-decoration: underline; font-family: Arial, sans-serif">Other payables</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">Andina PLC</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(169)</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;(197)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">SACME</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(20)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(32)</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(189)</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(229)</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 14.15pt 0 49.65pt; text-align: center; text-indent: -18.7pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0 14.15pt 0 14.2pt; text-align: center; text-indent: -18.7pt">&nbsp;</P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 2cm"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>31 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Shareholders&rsquo; Meeting</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The Company&rsquo;s Annual General Meeting
held on April 6, 2022 resolved, among other issues, the following:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.6pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Georgia,serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">To approve <B>edenor&rsquo;s</B> Annual Report
and Financial Statements as of December 31, 2021.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.6pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Georgia,serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">To allocate the $ 21,344 loss for the year
ended December 31, 2021 (which at the purchasing power of the currency at September 30, 2022 amounts to $ 35,447) to the Unappropriated
Retained Earnings account, under the terms of section 70, 3rd paragraph, of Business Organizations Law No. 19,550.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.6pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Georgia,serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">To approve the actions taken by the Directors
and Supervisory Committee members, together with their respective remunerations.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.6pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Georgia,serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">To appoint the authorities and the external
auditors for the current fiscal year.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.6pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Georgia,serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">To consider the updating of the Global Issuance
Program of non-convertible into shares, simple Corporate Notes for up to USD 750,000,000 (Note 33).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Moreover, the amendment of Sections Nos.
13, 19, 23, 25 and 33 as well as a consolidated text of the By-laws, which had been approved by the Ordinary and Extraordinary Shareholders&rsquo;
Meeting held on April 28, 2020 and by the ENRE by means of Resolution No. 62/2022 dated February 23, 2022, was registered with the IGJ
on July 2, 2022.</P>


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    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Furthermore, the Company&rsquo;s Special-purpose
Ordinary and Extraordinary Shareholders&rsquo; Meeting held on November 2, 2022, resolved to approve the amendment to Sections Nos. 4,
13, 23 and 33 of the By-laws, subject to the approval of both the ENRE and the relevant administrative authorities.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 2cm"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>32 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Termination of agreement on real estate asset</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">With regard to the real estate asset to be
constructed, acquired by the Company in November 2015, the subsequent termination of the agreement due to RDSA&rsquo;s default in August
2018 and the respective legal actions brought by the Company against the seller and the insurance company, and with respect to the settlement
agreement dated September 30, 2019 that the Company entered into with Aseguradora de Cauciones S.A., at the date of issuance of these
condensed interim financial statements there are no significant changes with respect to the situation reported by the Company in the Financial
Statements as of December 31, 2021, except for the following:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">With regard to the USD 1 million receivable
resulting from the agreement with Aseguradora de Cauciones S.A., on July 15, 2022 the Company received the last payment of USD 130,000
along with interest for USD 9,777 as agreed upon between the Company and the insurance company.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 2cm"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>33 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Debt restructuring</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 2cm; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">On April 6, 2022, the Annual General
Meeting approved the updating of the Global Simple Corporate Notes Issuance Program for a Maximum Amount outstanding at any time of up
to USD 750,000,000 (or its equivalent in any other currency).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">The New Corporate Notes comply with
the &ldquo;Guidelines for the issuance of social, green and sustainable securities in Argentina&rdquo; included in Appendix III to Chapter
I, Title VI of the CNV&rsquo;s Regulations and in the BYMA&rsquo;s Guide to Social, Green and Sustainable Bonds for the purpose of having
them listed on BYMA&rsquo;s Social, Green and Sustainable Bonds Panel.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">The New Corporate Notes are issued
in accordance with the New Corporate Notes Indenture, which contains a number of negative covenants that limit <B>edenor</B>&rsquo;s ability
to, among other things:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">- create or permit liens on its property
or assets;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">- incur indebtedness;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">- sell its assets;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">- carry out transactions with affiliates
or shareholders;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.05pt">- make certain payments (including,
but not limited to, dividends, purchases of <B>edenor</B>&rsquo;s common shares or payments on subordinated debt); and</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">- enter into merger transactions, unless
they meet certain criteria.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">Many of the negative covenants set
forth in the New Corporate Notes Indenture will be suspended if (i) <B>edenor</B> attains an Investment Grade Rating on its long term
debt, or; (ii) the leverage ratio is equal to or lower than 3.0. If <B>edenor</B> subsequently loses its investment grade rating or its
leverage ratio is greater than 3.0, as applicable, the suspended negative covenants will again be applicable. The suspended negative covenants
will not, however, be of any effect with regard to the actions of <B>edenor</B> taken during the suspension of the covenants.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><B>- Issuance of New Class No. 1 Corporate
Notes due in 2025 in exchange for Class No. 9 Corporate Notes due in 2022</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.4pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.4pt">With respect to the foregoing, the Company&rsquo;s
Board of Directors, at its meeting of April 6, 2022, approved the launching of a consent solicitation to restructure the financial debt
by exchanging the Company&rsquo;s Class No. 9 Corporate Notes due October 25, 2022 for New Corporate Notes.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Consequently, on April 12, 2022, the Company
launched the offer to exchange the Class No. 9 Corporate Notes issued by the Company maturing on October 25, 2022 at a fixed nominal annual
interest rate of 9.75% for a nominal value outstanding of USD 98,057,000 for New Class No. 1 Corporate Notes, denominated and payable
in United States dollars, at a fixed nominal annual interest rate of 9.75%, due in 2025, to be issued for a nominal value of up to USD
120,000,000, in the framework of the Global Simple Corporate Notes Issuance Program.</P>

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    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">The principal on the corporate notes
will be repaid in a lump sum on May 12, 2025. Furthermore, they will accrue interest at a fixed nominal annual rate of 9.75%, payable
semi-annually in arrears on May 12 and November 12 of each year, commencing on November 12, 2022.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">Finally, on May 12, 2022 the Company
approved the issuance and placement under the exchange offer, as set forth in the Supplement to the Exchange Offer Memorandum dated April
12, 2022. The Corporate Notes will be subscribed in accordance with the Tender Orders received, based on the following options:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt"><U>Option A </U></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 53.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Tender Orders of Existing Corporate Notes
submitted under Option A at or prior to the Early Tender Date (April 28, 2022, extended until May 9, 2022 on April 29, 2022) will receive
USD 1,050 principal amount of New Corporate Notes for each USD 1,000 principal amount of Existing Corporate Notes validly tendered and
accepted for exchange. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt"><U>Option B </U></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">Tender Orders of Existing Corporate
Notes submitted under Option B will receive a portion of the Cash Consideration, plus the applicable New Corporate Notes Consideration.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">The Cash Consideration represents
an aggregate amount equivalent to the lesser of: (i) 30% of the principal amount of the Existing Corporate Notes that are validly tendered
and accepted for exchange in the Offer; and (ii) the principal amount of the Existing Corporate Notes accepted for exchange under Option
B.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">The sum of the Pro-rata Cash Consideration
that will be payable to Eligible Holders whose Existing Corporate Notes are accepted for exchange under Option B will be equivalent to
the Cash Consideration divided by the principal amount of Existing Corporate Notes accepted under Option B multiplied by 1,000.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 53.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">The Early (at or prior to the Early Tender
Date) New Corporate Notes Consideration for each Eligible Holder whose Existing Corporate Notes have been accepted for exchange under
Option B will be equal to 1.04 times the difference between USD 1,000 and the Pro-rata Cash Consideration received by each Eligible Holder
whose Existing Corporate Notes have been accepted for exchange under Option B. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt"><I>Payment of Accrued Interest </I></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In addition to the Exchange Consideration,
the Eligible Holders whose Existing Corporate Notes have been accepted for exchange in the Exchange Offer will also receive Payment of
Accrued Interest equal to all accrued and unpaid interest from the last interest payment date to, but not including, the Settlement Date,
to be paid in cash on the Settlement Date.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white; color: #222222">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white">The offer to exchange
the Class No. 9 Corporate Notes issued by the Company due October 25, 2022 for New Class No. 1 Corporate Notes resulted in 73.25% acceptance,
equivalent to USD 71,826,000 (with the above-mentioned due date remaining in effect for 26.75%, i.e. USD 26,231,000); accordingly, a total
of USD 52,706,268, relating to: i) Tender Orders submitted under Option A for USD 41,699,000 plus a recognized additional for USD 2,084,950,
i.e. USD 43,783,950, and ii) Tender Orders submitted under Option B for USD 30,127,000 plus a recognized additional for USD 343,118, i.e.
USD 30,470,118, after deducting the Pro-rata Cash Consideration of Option B received by each Eligible Holder of said option for USD 21,547,800
($ 2,590), has been restructured.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">Additionally, interest paid in cash
from the last payment date up to and including the Settlement Date has amounted to a total of USD 329,573.</P>

<!-- Field: Page; Sequence: 35 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>CONDENSED INTERIM </B></FONT></P><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #174179"><FONT STYLE="letter-spacing: 2pt"><B>FINANCIAL STATEMENTS</B></FONT></P></TD></TR><TR><TD STYLE="text-align: center"><P STYLE="font: 9pt/115% Verdana,sans-serif; margin: 0; text-align: right; color: #A6A6A6"><FONT STYLE="letter-spacing: 2pt">NOTES</FONT></P></TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><B>- Issuance of New Class No. 2 Corporate
Notes due in 2024</B></P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On August 5, 2022, the Company&rsquo;s Board
of Directors approved the terms of issue of New Class No. 2 Corporate Notes at a fixed nominal annual interest rate of 9.75%, due in 2024,
to be issued for a nominal value of up to USD 30,000,000, in the framework of the Global Simple Corporate Notes Issuance Program.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">The principal on the New Corporate
Notes will be repaid in a lump sum on November 22, 2024. Furthermore, they will accrue interest at a fixed nominal annual rate of 9.75%,
payable semi-annually in arrears on May 22 and November 22 of each year, commencing on November 22, 2022.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On September 22, 2022, upon the expiration
of the Tender Period of Class No. 2 Corporate Notes, the Company approved the issuance and placement of the New Corporate Notes for USD
30,000,000 ($ 4,420), as set forth in the Prospectus Supplement dated September 14, 2022.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><B>- Reopening of the exchange offer</B></P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On September 23, 2022, the Company approved
the reopening of the offer to exchange the Class No. 9 Corporate Notes issued by the Company maturing on October 25, 2022 at a fixed nominal
annual interest rate of 9.75% for a nominal value outstanding of USD 24,645,000 (as a consequence of both the first results of the exchange
offer and the settlement of the Corporate Notes held by the Company mentioned in Note 25) for New Class No. 1 Corporate Notes, denominated
and payable in United States dollars, at a fixed nominal annual interest rate of 9.75%, due in 2025, to be issued for a nominal value
of up to USD 24,645,000, in the framework of the Global Simple Corporate Notes Issuance Program.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">On October 24, 2022, the Company approved
the issuance and placement under the exchange offer, as set forth in the Supplement to the Exchange Offer Memorandum dated September 23,
2022. The Corporate Notes will be subscribed in accordance with the Tender Orders received.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The Eligible Holders who validly submit a
Tender Order will be eligible to receive, for each USD 1,000 principal amount of Existing Corporate Notes, the New Corporate Notes Consideration
consisting of USD 630 principal amount of Additional New Corporate Notes, plus a Cash Consideration of USD 400.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The reopening of the offer to exchange the
Class No. 9 Corporate Notes issued by the Company maturing on October 25, 2022 for New Class No. 1 Corporate Notes resulted in 16.35%
acceptance, equivalent to USD 4,029,000 (with the above-mentioned due date remaining in effect for 83.65%, i.e. USD 20,616,000); accordingly,
a total of USD 2,538,270, relating to Tender Orders submitted for USD 2,417,000 plus a recognized additional for USD 120,870, has been
restructured. Furthermore, each Eligible Holder has received the Cash Consideration for USD 1,611,600.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">Additionally, interest paid in cash
from the last payment date up to and including the Settlement Date has amounted to a total of USD 83,956.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><FONT STYLE="color: #222222">On
October 25, 2022, the Company made payment to the Holders of Class No. 9 Corporate Notes who did </FONT>not participate in the exchange
offers made by the Company, for an amount of USD 20,616,000, along with the final scheduled interest payment.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The Company&rsquo;s Corporate Note debt structure,
based on the Tender Orders received, the issuance of the New Corporate Notes and the repayment of Class No. 9 Corporate Notes, would be
comprised of as follows:</P>

<P STYLE="font: 6pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; width: 33%">&nbsp;Corporate Notes&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center; border-left-color: Black; border-left-width: 0.5pt; width: 11%">&nbsp;Class&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; border-left-color: Black; border-left-width: 0.5pt; width: 16%">&nbsp;Debt structure before the exchange&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; border-left-color: Black; border-left-width: 0.5pt; width: 13%">&nbsp;Debt structure after the exchange&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; border-left-color: Black; border-left-width: 0.5pt; width: 13%">Debt structure as of 09/30/2022</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center; border-left-color: Black; border-left-width: 0.5pt; width: 14%">Debt structure as of 10/25/2022 <FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">(see Reopening of the exchange offer)</FONT></TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: left; border-top-color: Black; border-top-width: 0.5pt">&nbsp;Fixed rate par notes - Due 2022&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">9</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">98,057,000</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">26,231,000</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;24,645,000</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">-</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: left; border-top-color: Black; border-top-width: 0.5pt">&nbsp;Fixed rate par notes - Due 2024&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">2</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;30,000,000</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;30,000,000</TD></TR>
  <TR>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: bottom; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: left; border-top-color: Black; border-top-width: 0.5pt">&nbsp;Fixed rate par notes - Due 2025&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">1</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">52,706,268</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;52,706,268</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-family: Arial, sans-serif; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;55,244,538</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: left; border-top-color: Black; border-top-width: 0.5pt">&nbsp;Total&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: left; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">98,057,000</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">78,937,268</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;107,351,268</TD>
    <TD STYLE="border-right: Black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-left-color: Black; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;85,244,538</TD></TR>
  </TABLE>

<P STYLE="font: 6pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">(*) In United States dollars (USD).</P>

<!-- Field: Page; Sequence: 36 -->
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    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">As of September 30, 2022, an amount of $
365 (USD 2,428,068) has been recorded in the Other financial results account as recognized additional to Eligible Holders who submitted
their Tender Orders.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Furthermore, an amount of $ 520 has been
disbursed as issuance expenses of the New Class No. 1 and Class No. 2 Corporate Notes.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 2cm"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>34 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Change of control</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 2cm; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On December 28, 2020, Pampa Energ&iacute;a
S.A., the holder of 100% of <B>edenor</B>&rsquo;s Class A shares, representing 51% of <B>edenor</B>&lsquo;s share capital, entered into
a share purchase and sale agreement, as the seller, with Empresa de Energ&iacute;a del Cono Sur S.A.</P>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On June 23, 2021, by means of Resolution
No. 207/2021, the ENRE authorized Pampa Energ&iacute;a S.A. to transfer all the Class A shares, representing 51% of the Company&rsquo;s
share capital and votes, to Empresa de Energ&iacute;a del Cono Sur S.A. in accordance with the share purchase and sale agreement entered
into on December 28, 2020.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The transfer of all the Class A shares, representing
51% of the Company&rsquo;s share capital and votes owned by Pampa Energ&iacute;a S.A., in favor of Empresa de Energ&iacute;a del Cono
Sur S.A. was completed shortly afterwards on June 30, 2021.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">As required by the regulations in effect
and within the time periods set forth therein, Empresa de Energ&iacute;a del Cono Sur S.A. announced the launching of a mandatory Public
Tender Offer addressed to all the holders of Class B and Class C common shares issued by the Company, including the holders of ADS in
respect of the underlying Class B common shares, in accordance with the provisions of General Resolution No. 779/2018 of the National
Securities Commission.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">During the term of the Offer, no shares
were tendered by Class B (including ADS) and Class C Shareholders; therefore, the offeror announced the completion of the tender offer.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Consequently, at the date of issuance of
these condensed interim financial statements, <B>edenor</B> is a subsidiary company of Empresa de Energ&iacute;a del Cono Sur S.A.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 2cm"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>Note</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana,sans-serif; font-size: 9pt; color: #0070C0"><B>35 |</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt; color: #0070C0">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Events after the reporting period</FONT></B></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 0 2cm; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white">The following are
the events that occurred subsequent to September 30, 2022:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 38.8pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Change of both, the seasonal reference prices
and the values of the Company&rsquo;s electricity rate schedules &ndash; SE Resolution No. 719/2022 and ENRE Resolutions Nos. 484 and
554/2022, Note 2.a.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 38.8pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Case entitled Federal Administration of Public
Revenues (&ldquo;AFIP&rdquo;) &ndash; Difference in contribution rate to the Single Social Security System (&ldquo;SUSS&rdquo;) (executive
order 814/2001) for the 12/2011-11/2019 fiscal periods &ndash; Appeal filed by <B>edenor</B>, Note 7.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 38.8pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Issuance of New Class No. 1 Corporate Notes
due 2025 in exchange for Class No. 9 Corporate Notes due 2022 &ndash; Reopening of the exchange offer, Notes 25 and 33.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 38.8pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Special-purpose Ordinary and Extraordinary
Shareholders&rsquo; Meeting &ndash; Amendment to the By-laws, Note 31.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="RIGHT" STYLE="width: 40%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-right: 3.55pt; padding-left: 3.55pt; font: 10pt Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial,sans-serif"><B>NEIL BLEASDALE</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 3.55pt; padding-left: 3.55pt">
    <P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center"><B>Chairman</B></P>
    <P STYLE="font: 10pt Arial,sans-serif; margin: 0">&nbsp;</P></TD></TR>
  </TABLE>

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<P STYLE="margin: 0in 0in 0pt; background-color: white; text-align: center"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">SIGNATURES</FONT></B></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><STRONG><FONT size=2></FONT></STRONG>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><STRONG><FONT size=2></FONT></STRONG>&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.75in"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT></P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<DIV align=center>

<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="52%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">Empresa Distribuidora y Comercializadora Norte S.A.</FONT></P></TD></TR>

<TR>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">By:</FONT></P></TD>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">&nbsp;</FONT><U><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">/s/ Germ&aacute;n Ranftl</FONT></U></P></TD></TR>

<TR>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="50%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">Germ&aacute;n Ranftl</FONT></P></TD></TR>

<TR>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="50%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND: white; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in" width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">Chief Financial Officer</FONT></P></TD></TR></TABLE></DIV>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT lang=PT-BR style="FONT-SIZE: 13.5pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0in 0in 0pt"><FONT STYLE="font-family: times new roman; font-size: 10pt; color: black; line-height: normal">Date:
November 10, 2022</FONT></P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
