The dividend in kind will consist of the delivery of 12,700,000
(twelve million seven hundred thousand) book-entry non-endorsable
registered common shares of IRSA INVERSIONES Y REPRESENTACIONES
S.A., with a par value of ARS 10 each, owned by the Company, at the
closing price of ARS 2,260.00 as of October 29, 2025, all charged
to the fiscal year ended June 30, 2025. This distribution is
equivalent to 10.38769027273% of the share capital entitled to
receive dividends in the case of the cash dividend and
4.5812517324644% in the case of the dividend in kind, based on a
total of 626,509,995 shares outstanding.
With
respect to the cash dividend, the amount per common share (par
value ARS 1) will be ARS 103.8769027273 and the amount per American
Depositary Share (“ADS”) will be ARS 1,038.769027273.
With respect to the dividend in kind, shareholders will receive
0.020271025365 IRSA shares (par value ARS 10) per Cresud common
share, and 0.20271025365 IRSA shares (par value ARS 10) per ADS,
payable to all shareholders of record as of November 4, 2025,
according to the records kept by Caja de Valores S.A.
Fractions
of shares will be settled in cash in accordance with the
regulations of Bolsas y Mercados Argentinos S.A. concerning
fractions of less than one (1) share or one (1) ADS.
ADS
holders will receive the share distribution through The Bank of New
York Mellon, depositary of such certificates, as from the date
resulting from the regulations applicable in the jurisdiction where
the Company’s ADSs are listed.
Payment
will be made through Caja de Valores S.A., at its offices located
at 25 de Mayo 362, City of Buenos Aires, from 10:00 a.m. to 3:00
p.m.
ADS
holders will receive the corresponding dividend amounts through The
Bank of New York Mellon, depositary of such certificates, as from
the date resulting from the regulations applicable in the
jurisdiction where the Company’s ADSs are
listed.
Shareholders
are informed that the dividend distribution is subject to the 7%
withholding tax established by Article 97 of the Argentine Income
Tax Law (as amended by Executive Order No. 824/2019 and subsequent
regulations). Pursuant to AFIP General Resolution No. 4478/2019,
the withholding applicable to both the cash and in-kind dividend
will be deducted directly from the cash
dividend.