Attached is the English
translation of the letter filed with the Comision Nacional de Valores and
Bolsas y Mercados
Argentinos on October 30, 2025, related to an offer in
Argentina.
BUENOS AIRES, ARGENTINA – October 30,
2025 – Cresud Sociedad Anónima Comercial, Inmobiliaria,
Financiera y Agropecuaria (the “Company”) (NASDAQ:
CRESY, BYMA:CRES), announces
that, in
accordance with the resolutions adopted by the Ordinary and
Extraordinary General Shareholders’ Meeting held on October
30, 2025 and with the provisions of the Board of Directors at its
meeting on the same date, it has been decided to carry out the
distribution of treasury shares of the Company, previously
acquired, totaling 5,300,000 book-entry common shares, each
entitled to one vote and with a par value of ARS 1, under the
following conditions:
Start
date of the process: November 7, 2025.
Payment venue: Caja de Valores S.A., 25 de Mayo 362, Autonomous
City of Buenos Aires.
Hours: Monday to Friday, 10:00 a.m. to 3:00 p.m.
Amount approved by the Meeting: 5,300,000 shares.
The share distribution corresponds to 0.0084595617664 Cresud shares
per common share and 0.084595617664 per American Depositary Share
(“ADS”), representing 0.84595617664% of the share
capital represented by 626,509,995 shares of par value ARS 1, net
of treasury shares.
Fractions of shares will be settled in cash in accordance with the
regulations of Bolsas y Mercados Argentinos S.A. regarding
fractions of less than 1 (one) share or 1 (one) ADS.
Holders of ADS will receive the distribution of the corresponding
shares through The Bank of New York Mellon, the depositary of such
certificates, as from the date resulting from the application of
the regulations in force in the jurisdiction where the
Company’s ADS are listed.
It is hereby noted that only holders of the Company’s
outstanding shares as of November 4, 2025 may receive the shares
mentioned above in the corresponding proportion.