ASSIGNMENT No.

Dear Mr. Depetris,

I hereby inform you that, as it was expected, the Federal Court of Appeals of Bahía Blanca
has reverse the judgment entered on September 13, 2020, by means of which the lower
court had denied the foreign judgment enforcement timely requested in “Synteplast Inc. c/
Depetris, G. y otros” [Synteplast Inc. v. Depretris, G et al.]. Therefore, the enforcement of
such an order issued by the Court of Texas having been now ordered, both you and the
other defendants are jointly and severally, in your capacity as primarily liable debtors, for
the payment of the sum of money under the promissory note in question. The sum amounts
to ARS 2,466,089.75 (two million, four hundred and sixty thousand eighty-nine Argentine
pesos and seventy-five cents)1 at the actual exchange rate, with interest accrued from the
moment the instrument was legally enforceable and court costs and attorney’s fees
attributed to the losing party.

In addition to the Court of Appeals upholding that “the translation from English submitted by
the Plaintiff in the case at hand has not been timely contested” it stated that “the
requirements prescribed by law have been complied with, namely, that the defendant’s 2
defense be guaranteed (Section 517 of the Federal Civil and Commercial Code of Procedure)
(…) and that the order do not affect the principles of Argentine public policy. Furthermore, it
ordered the attachment of the premises located at Mitre 147, Punta Alta, as requested by
the Plaintiff pursuant to Section 531 et seq. of the Federal Code of Civil and Commercial
Procedure Code of Argentina.

In respect of your query, I inform you that procedural legislation in full force and effect in
Argentina (where, it is worth mentioning that each province enacts its own civil and
commercial procedural code) agrees that “judgments rendered by foreign courts will be
enforceable in accordance with the terms of the treaties entered into with the country of
origin.” Thus, an order of priority is established: first, it must be analyzed if there exists a
treaty and if it is in force in the country where the order rendered is intended to be
enforced. If it exists, then the rules prescribed in such a treaty must be applied.

Accordingly, we recommend that you or Depetris y Salvi S.A.’s attorney contact us

immediately so that we can agree on the steps to be taken, especially those concerning the
levy of the attachment.

Regards,

Melina Ospina, Esq.

Mendivil, Ospina & Asociados Law Firm.

1
TN: There is an inconsistency between the amount of money expressed in words and the amount stated in
figures in the source text. The translator cannot decide which is the correct expression.

2
TN: There is a spelling mistake in the source text. It reads “defensa del demanda”; but it should read
“defensa del demandado”, because the author intends to refer to one of the parties to the lawsuit, not to
the complaint itself.