Form SD - Specialized disclosure report

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM SD

 

 

SPECIALIZED DISCLOSURE REPORT

 

 

Vista Energy, S.A.B. de C.V.

(Exact name of registrant as specified in its charter)

 

 

United Mexican States

(Jurisdiction of incorporation or organization)

001-39000

(Commission file number)

n/a

(I.R.S. Employer Identification No.)

Pedregal 24, 4th floor

Colonia Molino del Rey, Alcaldía Miguel Hidalgo

Mexico City, Mexico

(Address of principal executive offices)

11040

(Zip code)

Alejandro Cherñacov

Tel.: + 52 (55) 8647-0128

(Name and telephone number, including area code,

of the person to contact in connection with this report)

 

 

Check the appropriate box to indicate the rule pursuant to which this Form is being submitted, and provide the period to which the information in this Form applies:

 

☐	Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2023.

 

☒	Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023.

 

 

 

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Section 1 - Conflicts Minerals Disclosure

 

Item 1.01

Conflicts Minerals Disclosure and Report

Not applicable.

 

Item 1.02

Exhibit

Not applicable.

Section 2 - Resource Extraction Issuer Disclosure

 

Item 2.01

Resource Extraction Issuer Disclosure and Report

Disclosure of Payments by Resource Extraction Issuers

The payment disclosure required by this Item 2.01 is included as Exhibit 2.01 to this Form SD.

Report on payments to governments for the year ended December 31, 2023

This report provides a consolidated overview of the payments to the Federal Government and Foreign Governments (each, as defined in Form SD, and together “Governments”) made by Vista Energy, S.A.B. de C.V. (“Vista”) and its consolidated subsidiaries for the fiscal year ended December 31, 2023. Unless the context requires otherwise, references in this report to the “Company,” “Vista,” “we,” “us” and “our” refer to Vista and its consolidated subsidiaries. References to “dollars”, “U.S. dollars”, “U.S. dollar” or “US$” are to United States dollars.

All payments are reported in U.S. dollars, which is the presentation currency of our consolidated financial statements. Payments that were made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on the date of payment.

Our business segments

As of December 31, 2023, we considered as a single segment the exploration and production of crude oil, natural gas and LPG (including exploration and production commercial activities), through our own activities, subsidiaries and interests in joint operations and based on the nature of the business, customer portfolio and risks involved. We therefore have only one business segment.

Our projects

This report discloses the payments made by us to Governments for the commercial development of oil, natural gas, or LPG, and which involves the exploration, development and extraction of crude oil, natural gas and LPG.

We organize our operations into 14 blocks, i.e., areas defined by concession contracts or operating contracts signed by Vista. As of December 31, 2023, we have working interests in the following oil and gas blocks in Argentina: (a) a 100% operating interest in the exploitation concessions Bajada del Palo Oeste, Bajada del Palo Este, Aguada Federal, Bandurria Norte, located in the Province of Neuquén (in all cases, as operator); (b) a 84.62% operating interest in the exploitation concession Coirón Amargo Norte, located in the Province of Neuquén (as operator); (c) a 90% operating working interest in the unconventional exploration concession Águila Mora, located in the Province of Neuquén (as operator); and (d) a 1.5% non-operating interest in the exploitation concessions Acambuco, located in the Province of Salta (operated by Pan American Energy).

Additionally, as a result of a transaction between our subsidiary Vista Energy Argentina S.A.U. (“Vista Argentina”) and Petrolera Aconcagua Energía S.A. (“Aconcagua”), effective March 1, 2023, we transferred to Aconcagua the operations of the following conventional blocks in Argentina (“Transferred Conventional Assets”): Entre Lomas Neuquén, located in the Province of Neuquén, and Entre Lomas Río Negro, Jarilla Quemada, Charco del Palenque, Jagüel de los Machos and 25 de Mayo-Medanito SE, located in the Province of Río Negro. As per the agreement

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between Vista and Aconcagua (“Conventional Assets Transaction Agreement”), beginning March 1, 2023, Aconcagua will pay 100% of the capex, opex, royalties, taxes, and any other costs associated with the Transferred Conventional Assets, while we will retain a portion of the total production of the Transferred Conventional Assets. See “Item 4—Information on the Company—Business Overview—Transaction to increase focus on shale oil operations in Vaca Muerta” in our Form 20-F for the fiscal year ended December 31, 2023, filed on April 23, 2024.

In Mexico, as of December 31, 2023, we hold a 100% interest in the license agreement entered into with the Comision Nacional de Hidrocarburos for block CS-01, located in Tabasco (as operator).

Section 3 – Exhibits

 

Item 3.01

Exhibits

The following exhibit is filed as part of this report on Form SD.

Exhibit 2.01 – Resource Extraction Payment Report

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SIGNATURES

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 duly authorized undersigned.

 

VISTA ENERGY, S.A.B. DE C.V.
By:		/s/ Alejandro Cherñacov
Name:		Alejandro Cherñacov
Title:		Strategic Planning and Investor Relations Officer

Dated: September 26, 2024

Exhibit 2.01

Resource Extraction Payment Report

Project-level disclosure

The table below sets forth our payments made to Governments for the fiscal year ended December 31, 2023, by project and type of payment.

 

		For the year ended December 31, 2023 (US$ million) (1)(2)
		Taxes (3)				Royalties (4)				Fees				Production Entitlements				Bonuses				Dividends				Payments for infrastructure improvements				Community and social responsibility payments				Total
Argentina			98.31				153.08				5.27				—				—				—				—				10.83				267.49
Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level (5)			98.31				—				0.67				—				—				—				—				10.83				109.81
25 de Mayo-Medanito			—				7.39				—				—				—				—				—				—				7.39
Entre Lomas Río Negro			—				8.15				0.18				—				—				—				—				—				8.33
Entre Lomas Neuquén			—				2.84				0.42				—				—				—				—				—				3.26
Jarilla Quemada			—				0.09				—				—				—				—				—				—				0.09
Charco del Palenque			—				1.05				0.20				—				—				—				—				—				1.25
Jagüel de los Machos			—				7.05				0.11				—				—				—				—				—				7.17
Bajada del Palo Oeste			—				106.49				2.45				—				—				—				—				—				108.95
Bajada del Palo Este			—				3.66				0.34				—				—				—				—				—				4.00
Águila Mora			—				3.04				0.05				—				—				—				—				—				3.09
Aguada Federal			—				12.62				0.74				—				—				—				—				—				13.36
Bandurria Norte			—				—				0.05				—				—				—				—				—				0.05
Coirón Amargo Norte			—				0.49				0.06				—				—				—				—				—				0.55
Acambuco			—				0.20				—				—				—				—				—				—				0.20
Mexico			—				5.67				—				—				—				—				—				0.67				6.34
Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level (6)			—				—				—				—				—				—				—				0.67				0.67
CS-01			—				5.67				—				—				—				—				—				—				5.67
Total			98.31				158.75				5.27				—				—				—				—				11.50				273.83

 

(1)	Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding.

(2)	All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment.

(3)	Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos).

(4)	Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays 100% of these amounts to Vista.

(5)

During the fiscal year 2023, we paid to the Argentine Federal Government the following taxes at an entity level rather than on a per-project basis: (i) Federal income taxes of $53.98 million, as we file a consolidated income tax return in Argentina, which includes all Argentine entities relating to our projects in Argentina; (ii) Export duties of $39.45 million, and (iii) Dividends withholding tax of $4.88 million. Additionally, during the fiscal year 2023, we paid an extraordinary fee to the Provinces of Neuquén and Río Negro related to the Gas IV Plan, which was not assigned to a particular project. Finally, during the fiscal year 2023, we made social responsibility payments to the Argentine Federal Government related to salaries from employees that are not assigned to a particular project.

(6)	During the fiscal year 2023, Vista made social responsibility payments to the Mexican Government related to salaries from employees that are not assigned to a particular project.

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Government-level disclosure

The table below sets forth our payments made to Governments for the fiscal year ended December 31, 2023, by government and type of payment.

 

		For the year ended December 31, 2023 (US$ million) (1)(2)
		Taxes (3)				Royalties				Fees				Production Entitlements				Bonuses				Dividends				Payments for infrastructure improvements				Community and social responsibility payments				Total
Argentina			98.31				153.08	(4)			5.27				—				—				—				—				10.83				267.49
Federal			98.31				—				—				—				—				—				—				10.83				109.14
Neuquén Province			—				129.14				4.56				—				—				—				—				—				133.70
Rio Negro Province			—				23.74				0.71				—				—				—				—				—				24.45
Salta Province			—				0.20				—				—				—				—				—				—				0.20
Mexico			—				5.67				—				—				—				—				—				0.67				6.34
Federal			—				5.67				—				—				—				—				—				—				5.67
City of Mexico			—				—				—				—				—				—				—				0.67				0.67
Total			98.31				158.75				5.27				—				—				—				—				11.50				273.83

 

(1)	Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding.

(2)	All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment.

(3)	Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos).

(4)	Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays 100% of these amounts to Vista.

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Payment details disclosure

The table below provides the details of payments made to Governments for the fiscal year ended December 31, 2023.

 

For the year ended December 31, 2023

Amount (US$ million)

Subnational Jurisdiction

Government

Business segment

Project

Resource

Extraction Method

(1)(2)(3)(4)

Argentina

267.49

Argentine Federal Government

Argentine Federal Government

N/A

Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level (5)

N/A

N/A

109.14

Neuquén Province

Government of Neuquén

Exploration and production

Aguada Federal

Oil/natural gas/LPG

Well

13.36

Neuquén Province

Government of Neuquén

Exploration and production

Entre Lomas Neuquén

Oil/natural gas/LPG

Well

3.26

Neuquén Province

Government of Neuquén

Exploration and production

Bajada del Palo Oeste

Oil/natural gas/LPG

Well

108.95

Neuquén Province

Government of Neuquén

Exploration and production

Bajada del Palo Este

Oil/natural gas/LPG

Well

4.00

Neuquén Province

Government of Neuquén

Exploration and production

Coirón Amargo Norte

Oil/natural gas/LPG

Well

0.55

Neuquén Province

Government of Neuquén

Exploration and production

Águila Mora

Oil/natural gas/LPG

Well

3.09

Neuquén Province

Government of Neuquén

Exploration and production

Bandurria Norte

Oil/natural gas/LPG

Well

0.05

Neuquén Province

Government of Neuquén

—

Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level (6)

—

—

0.45

Rio Negro Province

Government of Rio Negro

Exploration and production

Entre Lomas Río Negro

Oil/natural gas/LPG

Well

8.33

Rio Negro Province

Government of Rio Negro

Exploration and production

Jarilla Quemada

Oil/natural gas/LPG

Well

0.09

Rio Negro Province

Government of Rio Negro

Exploration and production

Charco del Palenque

Oil/natural gas/LPG

Well

1.25

Rio Negro Province

Government of Rio Negro

Exploration and production

Jagüel de los Machos

Oil/natural gas/LPG

Well

7.17

Rio Negro Province

Government of Rio Negro

Exploration and production

25 de Mayo-Medanito

Oil/natural gas/LPG

Well

7.39

Rio Negro Province

Government of Rio Negro

—

Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level (6)

—

—

0.22

Salta Province

Government of Salta

Exploration and production

Acambuco

Oil/natural gas/LPG

Well

0.20

México

6.34

Mexican Federal Government

Mexican Federal Government

N/A

CS-01

N/A

N/A

5.67

Mexico City

Government of Mexico City

—

Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level (7)

—

—

0.67

Total

273.83

 

(1)	Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding.

(2)	All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment.

(3)	Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays these amounts to Vista.

(4)	Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos).

(5)

During the fiscal year 2023, we paid to the Argentine Federal Government the following taxes at an entity level rather than on a per-project basis: (i) Federal income taxes of $53.98 million, as we file a consolidated income tax return in Argentina, which includes all Argentine entities relating to our projects in Argentina; (ii) Export duties of $39.45 million, and (iii) Dividends withholding tax of $4.88 million. Additionally, during the fiscal year 2023, we made social responsibility payments to the Argentine Federal Government related to salaries from employees that are not assigned to a particular project.

(6)	During the fiscal year 2023, we paid an extraordinary fee to the Provinces of Neuquén and Río Negro related to the Gas IV Plan, which was not assigned to a particular project.

(7)	During the fiscal year 2023, Vista made social responsibility payments to the Mexican Government related to salaries from employees that are not assigned to a particular project.

Document Information	12 Months Ended
	Dec. 31, 2023
Document Information:
Document Type	2.01 SD
Amendment	false
CIK	0001762506
Registrant Name	Vista Energy, S.A.B. de C.V.
Period End Date	Dec. 31, 2023
Reporting Currency	USD

Payments, by Category - USD ($) $ in Thousands		Taxes		Royalties		Fees	Comm. Social Resp.	Total Payments
Total	[1],[2]	$ 98,310	[3]	$ 158,750	[4]	$ 5,270	$ 11,500	$ 273,830
[1] All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment. [2] Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding. [3] Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos). [4] Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays 100% of these amounts to Vista.

Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($) $ in Thousands		Taxes	[3]	Royalties	[4]	Fees	Comm. Social Resp.	Total Payments
Total	[1],[2]	$ 98,310		$ 158,750		$ 5,270	$ 11,500	$ 273,830
Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level
Total	[1],[2],[5]	$ 98,310				670	10,830	109,810
25 de Mayo-Medanito
Total	[1],[2]			7,390				7,390
Entre Lomas Río Negro
Total	[1],[2]			8,150		180		8,330
Entre Lomas Neuquén
Total	[1],[2]			2,840		420		3,260
Jarilla Quemada
Total	[1],[2]			90				90
Charco del Palenque
Total	[1],[2]			1,050		200		1,250
Jagüel de los Machos
Total	[1],[2]			7,050		110		7,170
Bajada del Palo Oeste
Total	[1],[2]			106,490		2,450		108,950
Bajada del Palo Este
Total	[1],[2]			3,660		340		4,000
Águila Mora
Total	[1],[2]			3,040		50		3,090
Aguada Federal
Total	[1],[2]			12,620		740		13,360
Bandurria Norte
Total	[1],[2]					50		50
Coirón Amargo Norte
Total	[1],[2]			490		$ 60		550
Acambuco
Total	[1],[2]			200				200
Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level
Total	[1],[2],[6]						$ 670	670
CS-01
Total	[1],[2]			$ 5,670				$ 5,670
[1] All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment. [2] Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding. [3] Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos). [4] Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays 100% of these amounts to Vista. [5] During the fiscal year 2023, we paid to the Argentine Federal Government the following taxes at an entity level rather than on a per-project basis: (i) Federal income taxes of $53.98 million, as we file a consolidated income tax return in Argentina, which includes all Argentine entities relating to our projects in Argentina; (ii) Export duties of $39.45 million, and (iii) Dividends withholding tax of $4.88 million. Additionally, during the fiscal year 2023, we paid an extraordinary fee to the Provinces of Neuquén and Río Negro related to the Gas IV Plan, which was not assigned to a particular project. Finally, during the fiscal year 2023, we made social responsibility payments to the Argentine Federal Government related to salaries from employees that are not assigned to a particular project. [6] During the fiscal year 2023, Vista made social responsibility payments to the Mexican Government related to salaries from employees that are not assigned to a particular project.

Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($) $ in Thousands		Taxes	[3]	Royalties		Fees	Comm. Social Resp.	Total Payments
Total	[1],[2]	$ 98,310		$ 158,750	[4]	$ 5,270	$ 11,500	$ 273,830
ARGENTINA
Total	[1],[2]	98,310		153,080	[4]	5,270	10,830	267,490
ARGENTINA | Federal
Total	[1],[2]	$ 98,310					10,830	109,140
ARGENTINA | Neuquén Province
Total	[1],[2]			129,140		4,560		133,700
ARGENTINA | Rio Negro Province
Total	[1],[2]			23,740		$ 710		24,450
ARGENTINA | Salta Province
Total	[1],[2]			200				200
MEXICO
Total	[1],[2]			5,670			670	6,340
MEXICO | Federal
Total	[1],[2]			$ 5,670				5,670
MEXICO | City of Mexico
Total	[1],[2]						$ 670	$ 670
[1] All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment. [2] Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding. [3] Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos). [4] Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays 100% of these amounts to Vista.

Payments, Details - 12 months ended Dec. 31, 2023 - USD ($) $ in Thousands	Amount	[1],[2],[3],[4]	Country	Subnat. Juris.	Govt.	Project		Resource	Segment	Ext. Method
#: 1
	$ 109,140		ARGENTINA		Federal	Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level	[5]
#: 2
	13,360		ARGENTINA	snj:AR-Q	Neuquén Province	Aguada Federal		Oil/natural gas/LPG	Exploration and production	Well
#: 3
	3,260		ARGENTINA	snj:AR-Q	Neuquén Province	Entre Lomas Neuquén		Oil/natural gas/LPG	Exploration and production	Well
#: 4
	108,950		ARGENTINA	snj:AR-Q	Neuquén Province	Bajada del Palo Oeste		Oil/natural gas/LPG	Exploration and production	Well
#: 5
	4,000		ARGENTINA	snj:AR-Q	Neuquén Province	Bajada del Palo Este		Oil/natural gas/LPG	Exploration and production	Well
#: 6
	550		ARGENTINA	snj:AR-Q	Neuquén Province	Coirón Amargo Norte		Oil/natural gas/LPG	Exploration and production	Well
#: 7
	3,090		ARGENTINA	snj:AR-Q	Neuquén Province	Águila Mora		Oil/natural gas/LPG	Exploration and production	Well
#: 8
	50		ARGENTINA	snj:AR-Q	Neuquén Province	Bandurria Norte		Oil/natural gas/LPG	Exploration and production	Well
#: 9
	450		ARGENTINA	snj:AR-Q	Neuquén Province	Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level	[6]
#: 10
	8,330		ARGENTINA	snj:AR-R	Rio Negro Province	Entre Lomas Río Negro		Oil/natural gas/LPG	Exploration and production	Well
#: 11
	90		ARGENTINA	snj:AR-R	Rio Negro Province	Jarilla Quemada		Oil/natural gas/LPG	Exploration and production	Well
#: 12
	1,250		ARGENTINA	snj:AR-R	Rio Negro Province	Charco del Palenque		Oil/natural gas/LPG	Exploration and production	Well
#: 13
	7,170		ARGENTINA	snj:AR-R	Rio Negro Province	Jagüel de los Machos		Oil/natural gas/LPG	Exploration and production	Well
#: 14
	7,390		ARGENTINA	snj:AR-R	Rio Negro Province	25 de Mayo-Medanito		Oil/natural gas/LPG	Exploration and production	Well
#: 15
	220		ARGENTINA	snj:AR-R	Rio Negro Province	Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level	[6]
#: 16
	200		ARGENTINA	snj:AR-A	Salta Province	Acambuco		Oil/natural gas/LPG	Exploration and production	Well
#: 17
	5,670		MEXICO		Federal	CS-01
#: 18
	$ 670		MEXICO		City of Mexico	Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level	[7]
[1] All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment. [2] Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding. [3] Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos). [4] Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays these amounts to Vista. [5] During the fiscal year 2023, we paid to the Argentine Federal Government the following taxes at an entity level rather than on a per-project basis: (i) Federal income taxes of $53.98 million, as we file a consolidated income tax return in Argentina, which includes all Argentine entities relating to our projects in Argentina; (ii) Export duties of $39.45 million, and (iii) Dividends withholding tax of $4.88 million. Additionally, during the fiscal year 2023, we made social responsibility payments to the Argentine Federal Government related to salaries from employees that are not assigned to a particular project. [6] During the fiscal year 2023, we paid an extraordinary fee to the Provinces of Neuquén and Río Negro related to the Gas IV Plan, which was not assigned to a particular project. [7] During the fiscal year 2023, Vista made social responsibility payments to the Mexican Government related to salaries from employees that are not assigned to a particular project.

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