CEPU Central Puerto SA

Central Puerto S.A.

Name:

2

Subject: Summary of Shareholders’

Meeting dated December 23, 2022

1.

APPOINTMENT OF TWO SHAREHOLDERS TO SIGN THE MINUTES: It was approved by the majority of eligible votes possible to be cast in this decision to appoint shareholders BONCAMPO S.A. and CINCO VIENTOS URUGUAY S.A. to sign the minutes.

3

2.

CONSIDERATION OF THE DESTINATION OF THE OPTIONAL RESERVE. The following were approved by the majority of eligible votes possible to be cast in this decision:

1°)

To partially reverse the optional reserve formed, among others, for the payment of dividends based on the Company’s financial condition and the Dividend Payment Policy in force, for the amount of $ 3,910,579,247;

2°)

To pay in cash as dividend the reversed amounts as stated in point 1°) above. Moreover, payment of dividends shall be made pursuant to CNV General Resolution No.777/2018, which establishes that “the distribution of profit shall be made in the currency at the date of the Shareholders’ Meeting through the use of the price index for the month previous to the Meeting.”. Moreover, it was decided that such dividends should be made available to shareholders on December 30, 2022, date on which shareholders shall attends for the corresponding payment (“Availability Date”) as per the regulations of Comisión Nacional de Valores and BYMA, and the procedures and other terms and conditions established by Caja de Valores S.A.;

3°)

To deduct, when appropriate, the amount promptly paid by the Company in its capacity as Surrogate of the Personal Property Tax of those shareholders under the scope of the tax, in compliance with the last paragraph of the section added by Law No. 25 858 after Section 25 of Law No. 23 966, replaced by Law No. 27 541;

4°)

To pay dividends to all shareholders, as per their holdings, in US dollars. The translation value of Pesos to US dollars shall be made in accordance with the sale exchange rate of Banco de la Nación Argentina corresponding to the working day immediately previous to the date on which the Company will make the transference to Caja de Valores S.A. In the case of ADR holders, the Availability Date is January 3, 2023, and dividends will be credited in the New York market, United States of America, as determined by the deposit contract in force governing such certificates; and

5°)

To delegate to the Board of Directors the power to modify and/or supplement the payment procedure established in the previous points, as long as those additional modifications and/or considerations fall under the applicable legal framework, and the Board of Directors deems such necessary based on reasonable grounds.

3.

GRANTING OF AUTHORIZATIONS. It was approved by the majority of eligible votes possible to be cast in this decision to authorize Mr. Chairman and/or whom he may appoint, and/or Messrs. José Manuel Pazos, and/or Leonardo Marinaro and/or Osvaldo Pollice, and/or Esteban Pérez Monti, and/or Paola Ibarra, and/or Christian Rodríguez Montes, and/or Mariano Luchetti, and/or María Lucila Winschel, and/or Jose María Bazan, and/or Santiago Youssef Rameh El Chaer, and/or Milagros Marini, and/or Ezequiel Castello and/or Carolina de Felipe, and/or Milagros Varona; and/or Lucía Perondi, so that any of them, individually and indistinctly, follow all the necessary procedures to file the decisions taken at the Meeting with the regulatory agencies, including but not limited to CNV, BYMA, Mercado de Valores de Buenos Aires, Caja de Valores, Inspección General de Justicia (“IGJ”, Business Entities Registry for the City of Buenos Aires) (as per Section 37 of General Resolution IGJ No. 7/2015), and any other competent supervision entity, being able to sign any submission and/or form, notice, notices required by law, affidavits, access files and answer in proceedings, advance the proceedings and perform all necessary to obtain the recordings and respective approvals.

4