<SEC-DOCUMENT>0001654954-19-012181.txt : 20191031
<SEC-HEADER>0001654954-19-012181.hdr.sgml : 20191031
<ACCEPTANCE-DATETIME>20191031153559
ACCESSION NUMBER:		0001654954-19-012181
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20191031
FILED AS OF DATE:		20191031
DATE AS OF CHANGE:		20191031

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IRSA INVESTMENTS & REPRESENTATIONS INC
		CENTRAL INDEX KEY:			0000933267
		STANDARD INDUSTRIAL CLASSIFICATION:	LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13542
		FILM NUMBER:		191183504

	BUSINESS ADDRESS:	
		STREET 1:		BOLIVAR 108
		CITY:			BUENOS AIRES
		STATE:			C1
		ZIP:			C1066AAD
		BUSINESS PHONE:		00541143237449

	MAIL ADDRESS:	
		STREET 1:		BOLIVAR 108
		CITY:			BUENOS AIRES
		STATE:			C1
		ZIP:			C1066AAD
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a17-14104_106k.htm
<DESCRIPTION>SUMMARY OF THE ASSEMBLY
<TEXT>
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<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">&#xA0;</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 24px; font-family: Times New Roman">SECURITIES
AND EXCHANGE COMMISSION</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">Washington,
D.C.&#xA0;&#xA0;20549</font></font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 24px; font-family: Times New Roman">FORM&#xA0;6-K</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">&#xA0;</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">REPORT
OF FOREIGN ISSUER</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">PURSUANT
TO RULE 13a-16 OR 15b-16 OF</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">THE
SECURITIES EXCHANGE ACT OF 1934</font></font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">For
the month of October, 2019</font></font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 24px; font-family: Times New Roman">IRSA
Inversiones y Representaciones Sociedad
An&#xF3;nima</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">(Exact name of
Registrant as specified in its charter)</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 24px; font-family: Times New Roman">IRSA
Investments and Representations Inc.</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">(Translation of
registrant&#xB4;s name into English)</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">Republic
of Argentina</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">(Jurisdiction of
incorporation or organization)</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">Bol&#xED;var
108</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">(C1066AAB)</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">Buenos
Aires, Argentina</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-size: 13px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">(</font></font>Address
of principal executive offices)</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-size: 13px"><font style="font-size: 13px; font-family: Times New Roman">Form&#xA0;20-F&#xA0;</font>&#x2327;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;Form&#xA0;40-F&#xA0;&#xA0;&#x2610;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 24px"><font style="font-size: 13px; font-family: Times New Roman">Indicate by check
mark whether the registrant by furnishing the information contained
in this Form&#xA0;is also thereby furnishing the information to the
Commission pursuant to Rule&#xA0;12g3-2(b)&#xA0;under the
Securities Exchange Act of 1934.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-size: 13px"><font style="font-size: 13px; font-family: Times New Roman">Yes&#xA0;</font>&#x2610;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;No
&#x2327;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
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<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">IRSA
INVERSIONES Y REPRESENTACIONES SOCIEDAD
AN&#xD3;NIMA</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">(THE
&#x201C;COMPANY&#x201D;)</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">&#xA0;</font></font></div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">REPORT
ON FORM&#xA0;6-K</font></font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">Attached is the
English translation of the summary of the letter dated October 31,
2019, filed by the Company with the <font style="font-style: italic">Bolsa de Comercio de Buenos Aires</font>&#xA0;
and the <font style="font-style: italic">Comisi&#xF3;n Nacional de
Valores</font>.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">On behalf of
<font style="font-weight: bold">IRSA INVERSIONES Y REPRESENTACIONES
SOCIEDAD AN&#xD3;NIMA,</font> below is a summary of the resolutions
adopted at the General Ordinary and Extraordinary
Shareholders&#x2019; Meeting held on October 30, 2019:</font>
<font><font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<br></font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM ONE: APPOINTMENT OF TWO SHAREHOLDERS TO SIGN THE
MEETING&#x2019;S MINUTES.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes the appointment of the
representatives of shareholders ANSES FGS and Cresud SACIF y A to
approve and sign the minutes of the Shareholders&#x2019; Meeting,
jointly with the Chairman.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM TWO: CONSIDERATION OF DOCUMENTS CONTEMPLATED IN SECTION 234,
PARAGRAPH 1, OF LAW NO. 19,550 FOR THE FISCAL YEAR ENDED JUNE 30,
2019.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes the documents required under
Section 234, paragraph 1, of Law No. 19,550 for the fiscal year
ended June 30, 2019.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM THREE: ALLOCATION OF NET LOSS FOR THE FISCAL YEAR ENDED JUNE
30, 2019 FOR $&#xA0;25,447,242,953. REVERSAL OF SPECIAL RESERVE FOR
ABSORPTION OF LOSSES. DISTRIBUTION OF CASH DIVIDENDS.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes:</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">1.- To
fully reverse the special reserve for $&#xA0;49,983,504,029 (which
adjusted for inflation amounts to $&#xA0;56,227,247,874) and
allocate it to the full absorption of the accumulated losses,
including those from the fiscal year ended June 30, 2019; so that,
once the losses have been deducted, the special reserve balance is
$&#xA0;7,685,866,829 (which adjusted for inflation as of September
30, 2019 amounts to $&#xA0;8,645,955,256);</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">2.- To
distribute the amount of $&#xA0;480,000,000 (four hundred and
eighty million Argentine pesos) as dividends payable in shares of
IRSA Propiedades Comerciales S.A. (IRSA PC), a Company&#x2019;s
subsidiary, to the shareholders ratably according to their
shareholding interests;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">3.- To
delegate to the Board of Directors the power to implement the
payment to the shareholders within the terms set forth in the
applicable laws, and to apply for and implement the payment of such
dividend in shares of IRSA PC to the ADR holders.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">4.- To
authorize the Board of Directors to settle in cash any fractions
lower than the IRSA PC shares par value subject to distribution, in
accordance with the Listing Regulations of Mercado de Valores
S.A.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM FOUR: CONSIDERATION OF BOARD OF DIRECTORS&#x2019; PERFORMANCE
FOR THE FISCAL YEAR ENDED JUNE 30, 2019.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes the Board of Directors&#x2019;
performance for the fiscal year ended June 30, 2019.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM FIVE: CONSIDERATION OF SUPERVISORY COMMITTEE&#x2019;S
PERFORMANCE FOR THE FISCAL YEAR ENDED JUNE 30, 2019.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes the performance of the
Company&#x2019;s supervisory committee for the fiscal year ended
June 30, 2019.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM SIX: CONSIDERATION OF COMPENSATION PAYABLE TO THE BOARD OF
DIRECTORS ($&#xA0;51,821,340, ALLOCATED SUM) FOR THE FISCAL YEAR
ENDED JUNE 30, 2019, WHICH RECORDED A COMPUTABLE TAX LOSS PURSUANT
TO THE RULES OF THE ARGENTINE SECURITIES COMMISSION.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes the sum of $&#xA0;51,821,340
as total compensation payable to the Board of Directors for the
fiscal year ended June 30, 2019, and (i) to allocate and distribute
such compensation sum in due course in accordance with the specific
duties discharged by its members; and (ii) to make monthly advance
payments of fees contingent upon the resolution to be adopted at
the next ordinary shareholders&#x2019; meeting.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM SEVEN: CONSIDERATION OF COMPENSATION PAYABLE TO THE
SUPERVISORY COMMITTEE ($&#xA0;1,260,000, ALLOCATED SUM) FOR THE
FISCAL YEAR ENDED JUNE 30, 2019, WHICH RECORDED A COMPUTABLE TAX
LOSS PURSUANT TO THE RULES OF THE ARGENTINE SECURITIES
COMMISSION.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes to pay $&#xA0;1,260,000 to
the Supervisory Committee as aggregate fees for the tasks
discharged during the fiscal year ended June 30, 2019.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM EIGHT: CONSIDERATION OF APPOINTMENT OF REGULAR DIRECTORS AND
ALTERNATE DIRECTORS FOR A TERM OF THREE FISCAL YEARS.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes:</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">1.- To
renew the appointment of Mr. Alejandro Gustavo Elsztain, as
non-independent regular director and of Messrs. Enrique Alberto
Antonini and Gabriel Adolfo Gregorio Reznik as non-independent
Alternate Directors and to appoint Messrs. Oscar Pedro Bergotto,
Demian Brener and Mrs. Mar&#xED;a Julia Bearzi as independent
Regular Directors, all of them for a term of three fiscal
years.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">2.- To
accept the resignation of Mr. Gabriel Adolfo Gregorio Reznik as
regular director.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM NINE: APPOINTMENT OF REGULAR AND ALTERNATE MEMBERS OF THE
SUPERVISORY COMMITTEE FOR A TERM OF ONE FISCAL YEAR.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes to appoint Messrs. Jos&#xE9;
Daniel ABELOVICH, Marcelo H&#xE9;ctor FUXMAN and Noem&#xED; Ivonne
COHN as <font style="font-weight: bold; text-decoration: underline">Regular Statutory
Auditors</font> and Messrs. Roberto Daniel MURMIS, Gast&#xF3;n
Gabriel LIZITZA and Alicia Graciela RIGUEIRA as <font style="font-weight: bold; text-decoration: underline">Alternate Statutory
Auditors</font><font style="font-weight: bold">.</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM TEN: APPOINTMENT OF CERTIFYING ACCOUNTANT FOR THE NEXT FISCAL
YEAR.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes to appoint the following
firms as certifying accountants (a) PRICEWATERHOUSE&amp;Co. member
of PriceWaterhouseCoopers for the 2019/2020 fiscal year, with
Mariano Carlos Tomatis acting as Regular Independent Auditor, and
Walter Rafael Zablocky as Alternate Independent Auditor; and (b)
Abelovich Polano &amp; Asociados, with Daniel Abelovich acting as
Regular Independent Auditor and Noem&#xED; Ivonne Cohn and Roberto
Daniel Murmis as Alternate Independent Auditors.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM ELEVEN: APPROVAL OF COMPENSATION FOR $&#xA0;12,821,357 PAYABLE
TO CERTIFYING ACCOUNTANT FOR THE FISCAL YEAR ENDED JUNE 30,
2019.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes a compensation of
$&#xA0;12,821,357 for the tasks developed by the Certifying
Accountants for the fiscal year ended June 30, 2019.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM TWELVE: CONSIDERATION OF ANNUAL BUDGET FOR IMPLEMENTATION OF
THE AUDIT COMMITTEE&#x2019;S ANNUAL PLAN AND COMPLIANCE AND
CORPORATE GOVERNANCE PROGRAM.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes (I) a budget of
$&#xA0;5,589,000 for the implementation of a Compliance and
Corporate Governance program; and (II) a budget of $&#xA0;1,100,000
for the Audit Committee.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM THIRTEEN: CONSIDERATION OF INCREASE IN THE AMOUNT OF THE
GLOBAL NOTE PROGRAM FOR THE ISSUANCE OF SIMPLE, NON-CONVERTIBLE
NOTES, SECURED OR NOT, OR GUARANTEED BY THIRD PARTIES, FOR A
MAXIMUM OUTSTANDING AMOUNT OF UP TO US$&#xA0;350,000,000 (THREE
HUNDRED AND FIFTY MILLION US DOLLARS) (OR ITS EQUIVALENT IN ANY
OTHER CURRENCIES), THE CREATION OF WHICH WAS APPROVED BY THE
SHAREHOLDERS&#x2019; MEETING DATED OCTOBER 31, 2017, BY AN
ADDITIONAL AMOUNT OF UP TO US$&#xA0;250,000,000 (TWO HUNDRED AND
FIFTY MILLION U.S. DOLLARS ) (OR ITS EQUIVALENT IN OTHER CURRENCIES
OR UNITS OF VALUE).</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes the increase in the amount of
the Program, which at present amounts to an maximum outstanding
amount of up US$&#xA0;350,000,000 (three hundred and fifty million
US dollars) (or its equivalent in other currencies) by an
additional amount of up to US$&#xA0;250,000,000 (two hundred and
fifty million US dollars) (or its equivalent in other currencies or
units of value).</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM FOURTEEN: CONSIDERATION OF (I) DELEGATION ON THE BOARD OF
DIRECTORS OF THE BROADEST POWERS TO IMPLEMENT THE INCREASE AND/OR
REDUCTION IN THE PROGRAM&#x2019;S AMOUNT, AND DETERMINE ANY TERMS
AND CONDITIONS OF THE PROGRAM OTHER THAN THOSE EXPRESSLY APPROVED
BY THE SHAREHOLDERS&#x2019; MEETING AS WELL AS THE TIME, AMOUNT,
TERM, PLACEMENT METHOD AND FURTHER TERMS AND CONDITIONS OF THE
VARIOUS SERIES AND/OR TRANCHES OF NOTES ISSUED THEREUNDER; (II)
RENEWAL OF POWERS FOR THE BOARD OF DIRECTORS TO (A) APPROVE,
EXECUTE, GRANT AND/OR DELIVER ANY AGREEMENT, CONTRACT, DOCUMENT,
INSTRUMENT AND/OR SECURITY RELATED TO THE INCREASE IN THE
PROGRAM&#x2019;S AMOUNT AND/OR THE ISSUANCE OF THE VARIOUS SERIES
AND/OR TRANCHES OF NOTES THEREUNDER; (B) APPLY FOR AND SECURE
AUTHORIZATION BY THE ARGENTINE SECURITIES COMMISSION TO CARRY OUT
THE PUBLIC OFFERING OF SUCH NOTES; (C) AS APPLICABLE, APPLY FOR AND
SECURE BEFORE ANY AUTHORIZED SECURITIES MARKET OF ARGENTINA AND/OR
ABROAD THE AUTHORIZATION FOR LISTING AND TRADING SUCH NOTES; AND
(D) CARRY OUT ANY PROCEEDINGS, ACTIONS, FILINGS AND/OR APPLICATIONS
RELATED TO THE INCREASE IN THE PROGRAM&#x2019;S AMOUNT AND/OR THE
ISSUANCE OF THE VARIOUS SERIES AND/OR TRANCHES OF NOTES UNDER THE
PROGRAM; AND (III) AUTHORIZATION FOR THE BOARD OF DIRECTORS TO
SUB-DELEGATE THE POWERS AND AUTHORIZATIONS REFERRED TO IN ITEMS (I)
AND (II) ABOVE TO ONE OR MORE OF ITS MEMBERS.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes:</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(i) To
delegate on the Board of Directors the broadest powers to implement
the increase and/or reduction in the Program&#x2019;s amount and
determine the Program&#x2019;s terms and conditions, in accordance
with the provisions of Negotiable Obligations Law No. 23,576, as
further amended and supplemented; (ii) To authorize the Board of
Directors to execute all related documents required by the
Argentine Securities Commission, the securities exchanges of
Argentina and/or abroad, Caja de Valores S.A., and/or other
comparable agencies;and any necessary dealings for the
authorization of the public offering of such notes;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(iii)
To authorize the Board of Directors to sub-delegate the powers and
authorizations referred to in paragraphs (i) and (ii) above to one
or more of its members, Company managers or the persons it
determines in accordance with current laws and
regulations.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM FIFTEEN: STOCK CAPITAL INCREASE FOR UP TO A PAR VALUE OF
$&#xA0;200,000,000, THROUGH THE ISSUANCE OF UP TO 200,000,000
COMMON BOOK-ENTRY SHARES OF $&#xA0;1 PAR VALUE EACH AND ENTITLED TO
ONE VOTE PER SHARE, EQUIVALENT TO 34.56% OF THE CURRENT STOCK
CAPITAL, ENTITLED TO RECEIVE DIVIDENDS FROM THEIR SUBSCRIPTION
DATE, PARI PASSU TOGETHER WITH THE SHARES OUTSTANDING AS OF THE
TIME OF ISSUANCE, WITH ISSUE PREMIUM, THROUGH (I) PUBLIC
SUBSCRIPTION IN THE CAPITAL MARKETS OF ARGENTINA AND/OR ABROAD,
WHICH MAY BE PAID IN (A) IN KIND AND/OR (B) IN CASH INARGENTINE
PESOS AND/OR FOREIGN CURRENCY; AND/OR (II) THE ISSUANCE OF
CONVERTIBLE NOTES PURSUANT TO SECTION 17 OF LAW 23,576; AND/OR
(III) THE ISSUANCE OF WARRANTS. DETERMINATION OF PARAMETERS WITHIN
WHICH THE BOARD OF DIRECTORS WILL ESTABLISH THE ISSUE PREMIUM AND
ITS CALCULATION METHOD. PREEMPTIVE SUBSCRIPTION RIGHT AND
APPLICABLE TERM PURSUANT TO SECTION 62 BIS OF LAW 26,831, AS
APPLICABLE.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes:</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">A) The
stock capital increase for up to a par value of $&#xA0;200,000,000,
under the terms proposed to this meeting, represented by
200,000,000 (two hundred million) common book-entry shares of
$&#xA0;1 par value each and entitled to one vote per share and
entitled to receive dividends from their subscription date in the
case of shares issued by public subscription or their exercise
date, in the case of convertible notes and/or warrants, pari passu
together with the shares outstanding as of the time of issuance
(the &#x201C;New Shares&#x201D;), to be offered (i) as common shares;
and/or (ii) through the issuance of notes convertible into shares
under Section 17 of Law 23,576; and/or (iii) the issuance of
warrants or subscription options pursuant to section 63 of Law
26,831, which may be paid in, in all the cases set forth in (i),
(ii) and (iii) above, (a) in kind and/or (b) in cash in Argentine
pesos and/or in foreign currency to be offered to the public in the
Argentine Republic and/or abroad.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM SIXTEEN: DELEGATION ON THE BOARD OF DIRECTORS OF THE POWER TO
DETERMINE ALL TERMS AND CONDITIONS OF ISSUANCE OTHER THAN THOSE
EXPRESSLY DETERMINED BY THE SHAREHOLDERS&#x2019; MEETING, INCLUDING
THROUGH PUBLIC SUBSCRIPTION, ISSUANCE OF CONVERTIBLE NOTES AND/OR
SUBSCRIPTION OF WARRANTS, WITH AUTHORITY TO SUBDELEGATE SUCH POWERS
TO ONE OR MORE DIRECTORS, CORPORATE MANAGERS OR PERSONS AUTHORIZED
BY IT, PURSUANT TO APPLICABLE LAW, INCLUDING, WITHOUT LIMITATION,
THE FOLLOWING POWERS, AS APPLICABLE: (I) DETERMINATION OF AMOUNT,
CURRENCY, TIME, FORM OF SUBSCRIPTION (IN KIND AND/OR IN CASH),
ISSUE PREMIUM, PRICE AND/OR SUBSCRIPTION AND/OR CONVERSION RATIO,
PAYMENT CONDITIONS AND FURTHER TERMS AND CONDITIONS OF ISSUANCE;
(II) APPLICATION TO THE ARGENTINE SECURITIES COMMISSION
(&#x201C;CNV&#x201D;) FOR AUTHORIZATION OF PUBLIC OFFERING AND
LISTING OF THE SHARES AND/OR CONVERTIBLE NOTES AND/OR WARRANTS TO
BE ISSUED AND LISTING AND/OR TRADING THEREOF IN AUTHORIZED STOCK
EXCHANGES AND/OR SECURITIES MARKETS OF ARGENTINA AND/OR ABROAD,
WITH AUTHORITY TO APPLY FOR ANY OTHER KIND OF PUBLIC OFFERING
AUTHORIZATIONS BEFORE THE CNV, THE U.S. SECURITIES AND EXCHANGE
COMMISSION (&#x201C;SEC&#x201D;) AND/OR OTHER COMPARABLE AGENCIES OF
ARGENTINA OR ABROAD; (III) THE INCREASE AND/OR MODIFICATION OF
AND/OR AMENDMENT TO THE AMERICAN DEPOSITARY RECEIPT PROGRAM IN
EFFECT AS OF THE DATE HEREOF BETWEEN THE COMPANY AND THE BANK OF
NEW YORK, AS DEPOSITARY, REPRESENTING AMERICAN DEPOSITARY SHARES,
AND DELEGATION ON THE BOARD OF DIRECTORS OF THE POWER TO DETERMINE
THE TERMS, CONDITIONS AND SCOPE OF SUCH PROGRAM AND/OR THE
SUBSCRIPTION OF A NEW DEPOSIT PROGRAM WITH A NEW DEPOSITARY AND
DELEGATION ON THE BOARD OF DIRECTORS OF THE POWER TO AGREE UPON THE
TERMS, CONDITIONS AND SCOPE OF SUCH PROGRAM; (IV) DRAFTING AND
EXECUTION OF PRELIMINARY AND FINAL OFFERING MEMORANDA TO BE FILED
WITH THE CNV, THE SEC AND/OR OTHER COMPARABLE AGENCIES AND/OR
AUTHORIZED SECURITIES MARKETS, IN ALL CASES OF ARGENTINA AND/OR
ABROAD; AND (V) EXECUTION OF ALL DOCUMENTS REQUIRED TO IMPLEMENT
THE ISSUANCE OF SHARES AND/OR CONVERTIBLE NOTES AND/OR WARRANTS,
AND THE TAKING OF ANY RELATED ACTIONS FOR COMPLYING WITH THE
RESOLUTIONS ADOPTED BY THE SHAREHOLDERS&#x2019; MEETING, WITH THE
BROADEST POWERS TO SUCH END; AND (C) USE OF PROCEEDS OF THE
ISSUE.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Considering
the capital increase resolved upon in the previous item, the
meeting approved by majority of votes to delegate on the board of
directors the power to determine the manner, price, conditions and
terms of the various alternatives of issuance considered in the
preceding item or a combination thereof, setting forth the
parameters to that effect.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM SEVENTEEN: IMPLEMENTATION OF INCENTIVE PLAN FOR EMPLOYEES,
MANAGEMENT AND DIRECTORS, WITHOUT ISSUE PREMIUM, FOR UP TO 1% OF
THE STOCK CAPITAL IN EFFECT AS OF THE TIME OF EXECUTION OF THE
PLAN. CAPITAL INCREASE FOR IMPLEMENTING THE PLAN.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes (I) the implementation of an
incentive plan for employees, management and directors of the
Company, without issue premium, and for up to 1% of the stock
capital in effect as of the time of execution of the plan and (II)
to proceed to the Company&#x2019;s capital increase for up to 1% of
the stock capital in effect as of the time of execution of the plan
solely for such purpose.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM EIGHTEEN: AUTHORIZATION TO CARRY OUT REGISTRATION PROCEEDINGS
RELATING TO THIS SHAREHOLDERS&#x2019; MEETING BEFORE THE ARGENTINE
SECURITIES COMMISSION AND THE GENERAL SUPERINTENDENCY OF
CORPORATIONS.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes to authorize attorneys-at-law
Mar&#xED;a Laura Barbosa, Lucila Huidobro, Paula Pereyra Iraola,
Mar&#xED;a Florencia Vega and/or Mar&#xED;a In&#xE9;s Higa and Mrs.
Andrea Mu&#xF1;oz to carry out all the relevant registrations of
the preceding resolutions.</font></div>
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<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">SIGNATURES</font></font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">Pursuant to the
requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized, in the city of
Buenos Aires, Argentina.</font></div>
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<td colspan="2" style="width: 48%; padding-bottom: 0px">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">IRSA
Inversiones y Representaciones Sociedad
An&#xF3;nima</font></font></div>
</td>
</tr><tr>
<td style="width: 53%; padding-bottom: 0px">
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<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">By:</font></div>
</td>
<td style="width: 43%; padding-bottom: 0px; border-bottom: 2px solid windowtext">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">/S/ Sa&#xFA;l
Zang</font></div>
</td>
</tr><tr>
<td style="width: 53%; padding-bottom: 0px">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 1px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 4%; padding-bottom: 0px">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 1px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 43%; padding-bottom: 0px">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">Name: Sa&#xFA;l
Zang</font></div>
</td>
</tr><tr>
<td style="width: 53%; padding-bottom: 0px">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 1px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 4%; padding-bottom: 0px">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 1px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 43%; padding-bottom: 0px">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">Title: Responsible
of relationship with the markets</font></div>
</td>
</tr></table>
</div>
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<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">Dated: October 31,
2019</font></div>
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