With Phi Capital Partners we are now covering South America in Brazil, Colombia and Paraguay.

Pandion Partners S.L. expands further in the Americas. Next to Brazil and Colombia we strengthen our market presence in South America with the addition of Paraguay.

“A very warm welcome to our new members Mr. Patrick Fiorito (Managing Partner), Mr. Federico Bartzabal (Managing Partner) and Mr. Carlos Gill Robbiani (Associate Partner) in Asuncion. I am very excited that they are joining our team.

Patricio has a background in Business Law, Corporate Finance & Capital Markets, leading projects in valuation, M&A, financial structuring, and private equity. He is passionate about developing innovative and sustainable solutions.

Federico has strong experience in capital markets, structured financing, and cross-border M&A, having led multiple transactions across key sectors in the region. Carlos has solid expertise in public and corporate finance, bond structuring, and M&A advisory, with experience across government, multilateral institutions, and investment banking”, said Sebastian Moss, Managing Director of Pandion Partners S.L.

“We are delighted to become a member of Pandion Partners S.L.,” said Patricio, Federico and Carlos. “Our team brings extensive experience in corporate finance, capital markets, private banking, and asset management. We are committed to delivering high-quality business and financial solutions to clients and investors, operating independently from commercial and investment banks. Additionally, we have built a strong network of strategic alliances that enables us to provide highly specialized and efficient services to our clients and partners. We look forward to contributing to Pandion Partners S.L. and supporting its continued global growth.”

About Phi Capital Partners

www.phicp.com/en

With offices in Asunción (Paraguay) and regional scope of action, we advise on mergers and acquisitions, financial restructurings, valuation, and capital structuring to Companies, Institutions, and Individuals. In Corporate Finance, our partners have been involved in numerous transactions of mergers and acquisitions, valuations, restructurings, and debt and capital issuances, both in private markets and public offerings and capital markets.

The Pandion Partners S.L. advisory group, founded in 2000, consists of independent companies dedicated to M&A, Corporate Finance and

Strategy & Business Advisory Services. The growing group offers these services globally through its offices in Austria, Belgium, Brazil,

Canada, China, Colombia, Croatia, Czech Republic, Estonia, Finland, France, Germany, Hong Kong, India, Israel, Italy, Latvia, Lithuania,

Mauritius, Paraguay, Poland, Spain, Switzerland, The Netherlands, UAE and the USA. Due to the group members, we cover more than 20

different industry sectors. Since 2015 our current members successfully closed more than 450 transactions worth more than 7,0 billion euros.

For further information, please contact:

Michal Tesar, Director of Pandion Partners S.L. (Global Expansion): T: +420 602 373 422 – E: m.tesar@pandionpartners.com

Marc Feyen, Director of Pandion Partners S.L. (Global Communication): T: +32 498 911 777 – E: m.feyen@pandionpartners.com