Pan American Energy, S.L., Argentine Branch

SERVICE OF PROCESS AND ENFORCEMENT OF CIVIL LIABILITIES

The Branch is the Argentine branch of Pan American. Pan American is a company domiciled in the Kingdom of Spain. Most of the members of the board of directors of Pan American Energy Group S.L., our holding company, and the senior managers of the Branch reside outside of the United States. In addition, all or a substantial portion of the assets of Pan American and of these individuals are located outside of the United States. As a result, it may not be possible for investors to serve process upon these individuals in U.S. courts. Additionally, it may not be possible for investors to enforce against the Branch, Pan American or these individuals in Argentine courts, judgments obtained in U.S. or other non-Argentine courts, including any judgments predicated upon the civil liability provisions of the U.S. federal securities laws of the United States.


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