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HIGHLAND CAPITAL MANAGEMENT LP
> PAM
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2020 | Pampa Holdings SA | PAM | 0 | -401,380 | 0 | -13,915,000 | |
| 06/30/2019 | Pampa Holdings SA | PAM | 401,380 | 101,500 | 13,915,000 | 5,648,000 | $34.67 |
| 03/31/2019 | Pampa Holdings SA | PAM | 299,880 | 80,000 | 8,267,000 | 1,273,000 | $27.57 |
| 12/31/2018 | Pampa Holdings SA | PAM | 219,880 | 0 | 6,994,000 | 167,000 | $31.81 |
| 09/30/2018 | Pampa Holdings SA | PAM | 219,880 | 25,000 | 6,827,000 | -144,000 | $31.05 |
| 06/30/2018 | Pampa Holdings SA | PAM | 194,880 | 61,550 | 6,971,000 | -975,000 | $35.77 |
| 03/31/2018 | Pampa Holdings SA | PAM | 133,330 | -6,000 | 7,946,000 | -1,428,000 | $59.60 |
| 12/31/2017 | Pampa Holdings SA | PAM | 139,330 | 26,000 | 9,374,000 | 1,997,000 | $67.28 |
| 09/30/2017 | Pampa Holdings SA | PAM | 113,330 | 56,630 | 7,377,000 | 4,040,000 | $65.09 |
| 06/30/2017 | Pampa Holdings SA | PAM | 56,700 | 36,700 | 3,337,000 | 2,253,000 | $58.85 |
| 03/31/2017 | Pampa Holdings SA | PAM | 20,000 | 20,000 | 1,084,000 | 1,084,000 | $54.20 |
| 12/31/2016 | Pampa Holdings SA | PAM | 0 | -141,000 | 0 | -4,568,000 | |
| 09/30/2016 | Pampa Holdings SA | PAM | 141,000 | 91,000 | 4,568,000 | 3,201,000 | $32.40 |
| 06/30/2016 | Pampa Holdings SA | PAM | 50,000 | 50,000 | 1,367,000 | 1,367,000 | $27.34 |
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