<SEC-DOCUMENT>0001034957-25-000025.txt : 20251110
<SEC-HEADER>0001034957-25-000025.hdr.sgml : 20251110
<ACCEPTANCE-DATETIME>20251110145843
ACCESSION NUMBER:		0001034957-25-000025
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20251110
FILED AS OF DATE:		20251110
DATE AS OF CHANGE:		20251110

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CRESUD INC
		CENTRAL INDEX KEY:			0001034957
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE [6500]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		EIN:				000000000
		STATE OF INCORPORATION:			C1
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-29190
		FILM NUMBER:		251465785

	BUSINESS ADDRESS:	
		STREET 1:		CARLOS M. DELLA PAOLERA 261
		STREET 2:		9TH FLOOR
		CITY:			BUENOS AIRES
		STATE:			C1
		ZIP:			C1C1001ADA
		BUSINESS PHONE:		00541143237449

	MAIL ADDRESS:	
		STREET 1:		CARLOS M. DELLA PAOLERA 261
		STREET 2:		9TH FLOOR
		CITY:			BUENOS AIRES
		STATE:			C1
		ZIP:			C1C1001ADA
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>form6k.htm
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
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<title>form6k</title>
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<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 24px; font-family: Times New Roman">SECURITIES
AND EXCHANGE COMMISSION</font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">Washington,
D.C.&#xA0;&#xA0;20549</font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;<font style="font-weight: bold; font-size: 24px; font-family: Times New Roman">FORM
6-K</font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">&#xA0;REPORT
OF FOREIGN ISSUER</font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">PURSUANT
TO RULE 13a-16 OR 15b-16 OF</font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">THE
SECURITIES EXCHANGE ACT OF 1934</font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">For
the month of</font></font></font> <font style="font-weight: bold;">November</font><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman"><font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">,
2025</font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;<font style="font-weight: bold; font-size: 24px; font-family: Times New Roman">Cresud
Sociedad An&#xF3;nima, Comercial,
Inmobiliaria,</font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold"><font style="font-size: 24px">Financiera y
Agropecuaria</font></font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
(Exact name of Registrant as specified in its
charter)</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 24px; font-family: Times New Roman">Cresud&#xA0;Inc.</font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
(Translation of registrant&#xB4;s name into
English)</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">Republic
of Argentina</font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
(Jurisdiction of incorporation or organization)</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-weight: bold">Carlos Della Paolera
261</font><br></div>
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<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">(C1001ADA)</font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">Buenos
Aires, Argentina</font></font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold">&#xA0;(</font>Address of principal
executive offices)</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;Form 20-F&#xA0;&#x2327;<font id="TAB2" style="letter-spacing: 3pt; color: black">&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;</font>Form
40-F&#xA0;&#xA0;&#x2610;</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font id="TAB1" style="margin-left: 96px">&#xA0;</font>Indicate by
check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
Yes&#xA0;o<font id="TAB2" style="letter-spacing: 3pt; color: black">&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;</font>No
x</font></font></div>
<div id="pgbrk" style="margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%">
<div id="ftr" style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 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">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</div>
<div id="pb" style="margin-left: 0px; margin-right: 0px; text-align: center; margin-bottom: 6px; height: 2px; background-color: #ffffff"><font>&#xA0;</font></div>
<div id="hdr" style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</div>
</div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font>&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">CRESUD
S.A.C.I.F. and A.</font></font></font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">(THE
&#x201C;COMPANY&#x201D;)</font></font></font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-weight: normal; font-size: medium; font-family: Times New Roman">
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">REPORT
ON FORM 6-K</font></font></font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</div>
<div id="pb" style="margin-left: 0px; margin-right: 0px; text-align: center; margin-bottom: 6px; page-break-after: always; width: 100%; height: 2px; background-color: #000000"><!--page break--></div>
<div id="hdr" style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 36px"><br></div>
</font><font style="font-size: 13px; font-family: Times New Roman">Attached is the
English translation&#xA0;of the letter filed with the <font style="font-style: italic">Comision Nacional de Valores</font> and
<font style="font-style: italic">Bolsa de Comercio de Buenos
Aires</font> on November 10, 2025.</font></div>
<div style="text-align: left; 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: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div><font style="font-family: Times New Roman; font-size: 13px;"><br></font></div>
</font><font>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0;</font></div>
<div id="pgbrk" style="margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%">
<div id="ftr" style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font><font style="font-size: 13px; font-family: Times New Roman"><font style="color: #000000">By letter dated November 10, 2025,
the</font></font> <font style="color: #000000; font-size: 13px; font-family: Times New Roman"><font style="color: #212121">
company reported</font></font></font> <font style="text-align: left; color: #000; font-style: normal; font-weight: normal; letter-spacing: normal; text-indent: 48px; text-transform: none; white-space: normal; font-size: 13px; font-family: Times New Roman">that in compliance with Section 63 of the Regulations
issued by the Buenos Aires Stock Exchange, this is to report the
following information:</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">&#xA0;</font></div>
<div style="text-align: right; margin-left: 12px; margin-right: 0px;">

<table cellpadding="0" cellspacing="0" style="text-align: right; font-family: inherit; font-size: inherit; text-align: left; width: 100%; margin: 0px 0px 0px auto;">
<tr>
<td style="vertical-align: middle; width: 73%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
1. Results of the fiscal year</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 27%">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0; <font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
in million ARS</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-bottom: 2px solid #000000">
<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>
</td>
<td style="vertical-align: middle; width: 14%; border-bottom: 2px solid #000000">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
09/30/2025</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-bottom: 2px solid #000000">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
09/30/2024</font></font></div>
</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
Results of the&#xA0;</font><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">fiscal
year (Three month period)</font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold"><font style="font-size: 11px"><font style="font-size: 13px">110,113</font></font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
</font></div>
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
(77,887)</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-style: italic; color: #000000; font-size: 13px; font-family: Times New Roman">
Attributable to:</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Shareholders
of the controlling company<br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">36,844</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">(34,655)</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Non-controlling
interest<br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">73,289</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">(43,232)</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%">
<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>
</td>
<td style="vertical-align: middle; width: 14%">
<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>
</td>
<td style="vertical-align: middle; width: 14%">
<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>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
2. Other comprehensive income for
the&#xA0;</font><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">fiscal
year</font></font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 27%">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0; <font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
in million ARS</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-bottom: 2px solid #000000">
<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>
</td>
<td style="vertical-align: middle; width: 14%; border-bottom: 2px solid #000000">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
09/30/2025</font></font><br></div>
</font></div>
</font></div>
</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-bottom: 2px solid #000000">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font><font><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
09/30/2024</font></font></font></font></div>
</font></div>
</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
Other comprehensive income for the&#xA0;</font><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">fiscal
year&#xA0;</font></font> <font><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
(Three month period)</font></font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
58,492</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
(23,949)</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-style: italic; color: #000000; font-size: 13px; font-family: Times New Roman">
Attributable to:</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Shareholders
of the controlling company<br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">20,628</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">(8,426)</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 16px"><font style="font-size: 13px">Non-controlling
interest</font><br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">37,864</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">(15,523)</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%">
<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>
</td>
<td style="vertical-align: middle; width: 14%">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 14%">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
3. Total comprehensive income for
the&#xA0;</font><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">fiscal
year</font></font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 27%">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0; <font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
in million ARS</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-bottom: 2px solid #000000">
<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>
</td>
<td style="vertical-align: middle; width: 14%; border-bottom: 2px solid #000000">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
09/30/2025</font></font></div>
</font></div>
</font></div>
</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-bottom: 2px solid #000000">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font><font><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
09/30/2024</font></font></font></font></div>
</font></div>
</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font><font style="color: rgb(0, 0, 0); font-weight: bold; font-family: Times New Roman;">
Total comprehensive income for
the&#xA0;</font></font><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">fiscal
year&#xA0;</font></font> <font><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
(Three month period)</font></font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<font style="font-weight: bold">&#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;168,625</font></td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font><font style="font-weight: bold">(101,836)</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<font>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="font-style: italic; color: rgb(0, 0, 0); font-family: Times New Roman;">
Attributable to:</font></font></div>
</font></td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 24px"><font style="font-family: Times New Roman;">&#xA0;</font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 24px"><font style="font-family: Times New Roman;">&#xA0;</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">Shareholders
of the controlling company<br></font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px">57,472<font style="color: rgb(0, 0, 0); font-family: Times New Roman;"><br></font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">(43,081)</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px">Non-controlling
interest<br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">111,153</font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">(58,755)</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%">
<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>
</td>
<td style="vertical-align: middle; width: 14%">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 14%">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
4. Equity details<br></font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 27%">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0; <font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
in million ARS</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-bottom: 2px solid #000000">
<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>
</td>
<td style="vertical-align: middle; width: 14%; border-bottom: 2px solid #000000">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
09/30/2025</font></font></div>
</font></div>
</font></div>
</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-bottom: 2px solid #000000">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font><font><font><font style="color: #000000; font-weight: bold; font-size: 13px; font-family: Times New Roman">
09/30/2024</font></font></font></font></div>
</font></div>
</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Share
Capital<br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px">625</div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">596</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Treasury
shares<br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">7</font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px">2</div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Comprehensive
adjustment of capital stock and of treasury shares</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">301,261</font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">301,301</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Warrants&#xA0;<br>
</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">19,250</font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">26,745</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Share
Premium (i)</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">400,066</font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">375,273</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Premium
for trading of treasury shares<br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">(33,186)<br></font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">(33,186)<br></font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Legal
Reserve</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">45,794</font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">40,564</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Special
Reserve (Resolution CNV 609/12)<br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">276,900</font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">194,498</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Cost
of treasury share</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">(11,883)<br></font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">(3,935)</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Conversion
reserve<br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">(7,678)<br></font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: rgb(0, 0, 0); font-family: Times New Roman;">(19,595)</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Reserve
for securities issued by the Company acquisition<br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px">2,898</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px">&#xA0;2,898<font style="color: #000000; font-family: Times New Roman"><br></font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-family: Times New Roman; font-size: 13px;">Reserve for future
dividends<br></font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px">Other
reserves</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px">-</font></div>
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px">(31,005)</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="font-family: Times New Roman;">40,770</font></font></div>
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: #000000; font-family: Times New Roman">2,237</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px">Retained earnings
(i)</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: #000000; font-family: Times New Roman">122,442</font></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px"><font style="color: #000000; font-family: Times New Roman">53,655</font></font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
Shareholders&#x2019; Equity attributable to controlling
company&#x2019;s shareholders</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
1,085,491</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-right: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
981,823</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">Non-controlling
interest<br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">1,439,959</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000; border-right: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="color: #000000; font-size: 13px; font-family: Times New Roman">1,203,260</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 73%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
Total shareholder's equity<br></font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
2,525,450</font></div>
</td>
<td style="vertical-align: middle; width: 14%; border-left: solid 1px #000000; border-right: solid 1px #000000; border-bottom: 2px solid #000000">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold; color: #000000; font-size: 13px; font-family: Times New Roman">
2,185,083</font><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
</td>
</tr></table>
</div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: left; margin-left: 12px; margin-right: 0px; text-indent: 0px; width: 100%;"><font style="font-size: 11px">(i)&#xA0;Within the
framework of the analysis and review of certain accounting records
related to shareholders&#x2019; equity, the Company&#x2019;s
Management detected, as of June 30, 2025, an error in the
calculation of the inflation adjustment of the share premium
related to the exercise of warrants carried out during the fiscal
years ended June 30, 2024, 2023, and 2022. As a result, the
previously issued financial statements were retroactively restated
with respect to the exercise of warrants, recognizing a positive
adjustment (gain).</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%"><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
</div>
<font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">Pursuant
to Article 63 Section l) 6) and 8) of the referred Regulations, we
report that as of the closing date of the financial statements, the
Company&#x2019;s capital stock was ARS <font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
631,844,155</font>&#xA0;(including treasury shares)</font>
<font>whose shareholding composition is divided into 614,074,273
registered, non-endorsable ordinary shares with a par value of ARS
1 each and entitled to 1 vote each, issued and duly registered, and
17,769,882 registered, non-endorsable ordinary shares with a par
value of ARS 1 each and entitled to 1 vote each, pending
registration.</font><font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">&#xA0;</font><font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">Total
shares outstanding is 626,501,002.&#xA0;<br></font></div>
</div>
</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal"><br></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal"><font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font><font style="font-size: 13px; font-family: Times New Roman">The Company's
market capitalization as of September 30, 2025, was approximately
USD&#xA0; 581.3 million (63,184,415 ADS with a price per ADS of
USD&#xA0; 9.2).</font></font></font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal"><font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;<br></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal"><font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
As of September 30, 2025, the Company&#x2019;s principal shareholder
and beneficial owner is Eduardo Sergio Elsztain. Direct or
indirectly,&#xA0; through the vehicles Inversiones Financieras del
Sur S.A (IFISA) and Consultores Venture Capital Uruguay S.A.(CVCU),
owns 230,771,688 shares, accounting for 36.84% of the share capital
(net of treasury shares). <font style="color: #212121; font-size: 13px; font-family: Times New Roman">Eduardo
Sergio Elsztain is domiciled at Bolivar 108, 1st floor, Buenos
Aires City Center, IFISA is a company incorporated and domiciled at
Calle 8, km 17,500, Edificio Zonam&#xE9;rica 1, local 106,
Montevideo, Uruguay and CVCU <font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="color: #212121; font-size: 13px; font-family: Times New Roman">is
a company incorporated and domiciled at Calle 8, km 17,500,
Edificio Zonam&#xE9;rica 1, local
106.</font></font></font></font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal"><font style="font-style: normal; font-weight: normal; 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; color: #000; letter-spacing: normal; white-space: normal"><font style="font-style: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
In addition, we report that as of September 30, 2025, after
deducting direct and indirect Eduardo Sergio Elsztain's interest
through IFISA and CVCU, and the treasury shares, the remaining
shareholders held 395,729,314 common, registered, non-endorsable
shares of ARS 1 par value each and entitled to one vote per share,
accounting for 63.16% of the issued and subscribed capital stock
(substracting treasury shares).</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal"><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="font-size: 13px; font-family: Times New Roman">It should be
considered that in March 2021 the company increased its share
capital by 90 million shares. For each subscribed share, each
shareholder received at no additional cost 1 warrant, that is, 90
million warrants were issued. The warrants expire on March 10, 2026
and are listed on the Buenos Aires Stock Exchange under the symbol
&#x201C;CRE3W&#x201D; and on the NASDAQ under the symbol
&#x201C;CRESW&#x201D;. As of today, the number of warrants
outstanding is 60,669,566.<br></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="font-size: 13px; font-family: Times New Roman">In the case that
all warrants were converted, the number of shares issued and
subscribed would increase to 725,378,424. We also inform that if
the group of control were to exercise its warrants like the rest of
the shareholders, its stake would increase by 54,180,612 ordinary
shares, which would mean a 39.57% stake on the share capital, that
is, 284,952,300 shares.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0; <font style="font-size: 13px; font-family: Times New Roman"><br>
</font></font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="text-align: justify; color: #000; font-style: normal; font-weight: normal; letter-spacing: normal; text-indent: 0px; text-transform: none; white-space: normal; display: inline !important; float: none; font-size: 13px; font-family: Times New Roman">Below are the highlights for the First Quarter of
the Fiscal Year ended&#xA0; September 30, 2025:</font></div>
<div style="text-align: left; 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: left; margin-left: 24px; display: table">
<div style="text-align: left; display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="font-size: 13px; font-family: Times New Roman"><a name="_Hlk56702944"></a></font></div>
</div>
</div>
</div>

<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%"><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">Net
income for the first quarter of fiscal year 2026 reached ARS
110,133 million, compared to a loss of ARS 77,887 million in the
same period of 2025. This result was mainly driven by the gain from
changes in the fair value of IRSA investment
properties</font><font style="font-family: Times New Roman; font-size: 13px">.</font>&#xA0;</div>
</div>
</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="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">Adjusted
EBITDA for the period totaled ARS 58,764 million, 39.7% lower than
in the same quarter of 2025. Adjusted EBITDA from the agribusiness
segments amounted to ARS 5,648 million, while the urban properties
and investments business (through IRSA) contributed ARS 57,589
million</font><font style="font-family: Times New Roman; font-size: 13px">.</font>
<font style="font-family: Times New Roman; font-size: 13px"></font><br></div>
</div>
</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="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font><font style="color: #000000; font-family: Times New Roman; font-size: 13px">The
2026 regional agricultural campaign continues to progress under
favorable weather conditions and slightly improving international
commodity prices, although still at historically low levels. We
expect to plant approximately 321,000 hectares across the region,
representing a 7.4% increase compared to the 2025
campaign.</font><font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font>
<br></div>
</div>
</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="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell">&#xA0;<font style="color: #000000; font-family: Times New Roman; font-size: 13px">In
September 2025, the Argentine government temporarily eliminated
export taxes on main crops and beef for the remaining stock of the
prior campaign, which boosted prices and improved
margins</font><font style="font-family: Times New Roman; font-size: 13px">.</font>
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-family: Times New Roman; font-size: 13px"></font></font></div>
</div>
</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="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell">&#xA0;<font style="color: #000000; font-family: Times New Roman; font-size: 13px">The
livestock business continues to benefit from firm cattle prices,
supported by stronger international demand and a solid local
market, generating very attractive margins</font><font style="font-family: Times New Roman; font-size: 13px">.</font><font style="font-family: Times New Roman; font-size: 13px"><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font>
</font></div>
</div>
</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="margin-left: 24px; display: table">
<div style="display: table-row"><font style="font-size: 13px">&#x25CF;</font>&#xA0; &#xA0; &#xA0; <font style="color: #000000; font-family: Times New Roman; font-size: 13px">On
October 30, 2025, the Shareholders&#x2019; Meeting approved a
dividend distribution of ARS 93,782 million, consisting of ARS
65,080 million in cash and ARS 28,702 million in IRSA shares (~8%
dividend yield)</font><font style="font-family: Times New Roman; font-size: 13px">.</font></div>
<div style="display: table-row"><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
</div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%"><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;<br></font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%"></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
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<div id="hdr" style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</div>
</div>
<br></div>
</div>
</div>
</div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">SIGNATURES</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#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>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0;</font></div>
<div style="text-align: left; margin-left: auto; margin-right: auto;">
<table cellpadding="0" cellspacing="0" style="text-align: left; font-family: inherit; font-size: inherit;text-align: left; background-color: white; margin-left: auto; margin-right: auto; width: 100%;">
<tr>
<td style="width: 48%">
<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>
</td>
<td colspan="3" style="width: 3%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">&#xA0;Cresud
Sociedad An&#xF3;nima, Comercial, Inmobiliaria, Financiera y
Agropecuaria</font></font></div>
</td>
</tr><tr>
<td style="width: 48%">
<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>
</td>
<td colspan="3" style="width: 3%">
<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>
</td>
</tr><tr>
<td style="width: 48%">
<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>
</td>
<td style="width: 3%">
<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;By:</font></div>
</td>
<td style="width: 42%; border-bottom: 2px solid black">
<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;/S/ Sa&#xFA;l
Zang</font></div>
</td>
<td style="width: 7%">
<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>
</td>
</tr><tr>
<td style="width: 48%">
<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>
</td>
<td style="width: 3%">
<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>
</td>
<td style="width: 42%">
<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;Sa&#xFA;l
Zang</font></div>
</td>
<td style="width: 7%">
<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>
</td>
</tr><tr>
<td style="width: 48%">
<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>
</td>
<td style="width: 3%">
<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>
</td>
<td style="width: 42%">
<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;Responsible
for the Relationship with the Markets</font></div>
</td>
<td style="width: 7%">
<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>
</td>
</tr></table>
</div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 12px"><font style="font-size: 11px"><font style="font-size: 16px"><font style="font-size: 13px">November 10,
2025</font></font></font></font></div>


&amp;#xD;




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