Institutional Presentation IIQ 2025 55.8% Farms in Argentina 100% 29.2% 61.3% FLOAT 35.4% 51.2% 17.7% Farms in Brazil, Bolivia & Paraguay Agricultural Commercial Services Agribusiness Marketplace Urban Business +34,86% 2 Leading Agribusiness In The Region Since 1994 20 866 Historical Milestones 1936 1994 1997 2006 2008/9 2012 1960 2020/21 Foundation Current Management Takes Control Expansion to Brazil IPO USD 276 MM BrasilAgro listed on NYSE Listed on BYMA Listed on NADAQ Expansion to Bolivia & Paraguay Fol ...

Unaudited Condensed Interim Consolidated Financial Statements as of December 31, 2024 and for the six and three- month periods ended as of that date, presented comparatively. Legal information Denomination: Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Fiscal year N°: 92, beginning on July 1, 2024 Legal address: Carlos Della Paolera 261, 9rd floor – Autonomous City of Buenos Aires, Argentina Company activity: Real estate and agricultural activities Cresud Sociedad Anónima, Come ...

Group 1 - The core investment strategy focuses on long-only investment, evaluating companies from an operational and buy-and-hold perspective rather than market-driven dynamics [1] - The articles emphasize understanding the long-term earnings power of companies and the competitive dynamics within their industries [1] - The majority of recommendations will be holds, indicating a cautious approach to investment opportunities [1] Group 2 - A very small fraction of companies are considered suitable for a buy recommendation at any given time, highlighting a selective investment strategy [1] - Hold articles are intended to provide valuable information for future investors and introduce skepticism in a generally bullish market [1]

BUENOS AIRES, Argentina, Feb. 10, 2025 /PRNewswire/ -- Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for the second quarter of FY 2025 ended December 31, 2024.HIGHLIGHTS The net result for the first half of fiscal year 2025 registered a loss of ARS 64,391 million. This result is mainly explained by the loss due to changes in the fair value of IRSA investment properties. The adjusted EBITDA for the period reached ARS 134,961 million, 1 ...

Group 1 - Argentina's economy has undergone significant changes since Javier Milei took office, impacting various sectors including agriculture and real estate [1] - Cresud (NASDAQ: CRESY) has experienced notable shifts in its operational landscape, largely attributed to Milei's aggressive policy changes [1]

Financial Data and Key Metrics Changes - The company reported a net income of ARS -72.3 billion, with a significant accounting effect due to the valuation of investment properties at fair value, resulting in a negative impact when expressed in pesos [22][23] - The net debt has decreased from $421 million in fiscal year 2021 to $310 million currently, indicating improved financial health [24] Business Line Data and Key Metrics Changes - The agricultural segment is experiencing a 9% increase in planted area, with a total of 303,000 hectares expected to be planted across Argentina, Brazil, Bolivia, and Paraguay [9] - The real estate segment saw significant transactions, including the sale of undeveloped land in Argentina for $2.2 million and a developed area in Brazil for BRL190 million, showcasing strong gains from previous investments [13][14] Market Data and Key Metrics Changes - The company received dividends totaling approximately $53 million, with Brasilagro contributing around $10 million and IRSA providing $43 million, reflecting a healthy return on investments [8] - The occupancy rates for IRSA's shopping malls and offices remain high at 97% and 98% respectively, indicating strong demand in the real estate market [18] Company Strategy and Development Direction - The company is optimistic about the agricultural sector due to favorable government policies aimed at deregulation and support for farmers, which may enhance operational efficiency and profitability [30][32] - The service company FyO has become the largest broker in Argentina for agricultural inputs and services, expanding its operations into Brazil, indicating a strategic focus on growth in commercial services [15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for the upcoming year, citing improved weather conditions and higher production expectations in beef cattle, which are expected to drive operational performance [40] - The management highlighted the potential benefits from government measures aimed at reducing export taxes and increasing liquidity in the agricultural sector, which could lead to better financial outcomes for the company [32][33] Other Important Information - The company announced a new share buyback program for ARS6.5 billion, with a maximum purchase price of $12 per ADR, indicating a commitment to returning value to shareholders [26] - The company has maintained a dividend yield of 7%, reflecting a consistent approach to shareholder returns over the past three years [25] Q&A Session Summary Question: Opportunities from deregulation in the agricultural sector - Management discussed the potential benefits of government support for the agricultural sector, including reduced export taxes and increased liquidity in land markets, which could enhance profitability for farmers and the company [30][32] Question: Optimal allocation between buybacks and dividends - Management indicated a preference for cash payments in the form of dividends over buybacks, while also acknowledging the limitations imposed by regulatory restrictions on share repurchases [34][35] Question: Impact of drought in northern Brazil - Management noted that the drought has caused delays in planting but does not expect significant material impacts on overall results, with positive expectations for the agricultural operations in Brazil [38]

Core Insights - Cresud S.A.C.I.F. y A. reported a net loss of ARS 72,374 million for Q1 FY 2025, a 129.7% decrease compared to the same period in 2024, primarily due to losses from changes in the fair value of IRSA investment properties [2][3] - The adjusted EBITDA for the period was ARS 73,977 million, reflecting a 68.0% increase year-over-year, with agribusiness adjusted EBITDA at ARS 27,919 million and urban adjusted EBITDA at ARS 47,290 million [3] Financial Performance - Agricultural Business Revenue increased to ARS 136,955 million from ARS 113,392 million year-over-year [4] - Agricultural Business Gross Profit decreased to ARS 8,671 million from ARS 12,373 million [4] - Urban Properties Revenues decreased to ARS 72,495 million from ARS 78,185 million [4] - Urban Properties Gross Profit decreased to ARS 57,846 million from ARS 64,768 million [4] - Consolidated Gross Profit decreased to ARS 65,999 million from ARS 76,809 million [4] - The profit for the period was ARS (72,374) million compared to ARS 244,016 million in the previous year [4] - Basic and diluted EPS were both ARS (66.54) [4] Balance Sheet Highlights - Total Assets decreased to ARS 3,699,441 million from ARS 3,894,432 million [4] - Current Assets increased to ARS 804,851 million from ARS 792,094 million [4] - Non-Current Assets decreased to ARS 2,894,590 million from ARS 3,102,338 million [4] - Total Liabilities decreased to ARS 2,039,477 million from ARS 2,140,805 million [4] - Shareholders' Equity decreased to ARS 1,659,964 million from ARS 1,753,627 million [4] Market Capitalization - As of September 30, 2024, Cresud's market capitalization was approximately USD 512.7 million, based on 59,863,914 ADS priced at USD 8.64 each [5]

United States SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 Date ...

On October 20, 2023, CRESUD reported that it had made the payment of the dividend approved at the meeting held on October 5, 2023 in Argentina. ● Number of shares to be issued per warrant: Pre-dividend ratio: 1.1232. Post-dividend ratio: 1.2548. ● Exercise price per new share to be issued: Pre-dividend price: USD 0.5036. Post-dividend price: USD 0.4508. 33 We have reviewed the accompanying unaudited condensed interim consolidated financial statements of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Fina ...

Core Insights - CRESUD S.A.C.I.F. y A. reported a net gain of ARS 104,129 million for fiscal year 2024, a significant decrease from ARS 279,709 million in 2023 [2][3] - The company's adjusted EBITDA reached ARS 256,396 million, with contributions of ARS 80,066 million from the agricultural business and ARS 176,330 million from urban properties and investments, marking a 23.5% increase compared to fiscal year 2023 [2] - The agricultural sector faced challenges with a 7% decrease in grain production, totaling 707,000 tons due to adverse weather conditions [2] - Livestock activity showed strong performance with high meat production levels and improved prices in Argentina [2] - CRESUD sold three farm fractions for USD 75 million, generating a profit of approximately USD 48 million [2] - The company distributed cash dividends totaling ARS 52,000 million and treasury shares amounting to approximately 1% of the stock capital [2] Financial Performance - Current assets decreased to ARS 706,400 million from ARS 798,558 million year-over-year [2] - Total assets fell to ARS 3,473,111 million from ARS 3,972,964 million [2] - Current liabilities decreased to ARS 657,605 million from ARS 741,090 million [2] - Shareholders' equity declined to ARS 1,563,910 million from ARS 1,783,828 million [2] - Agricultural business revenue increased to ARS 384,487 million from ARS 378,132 million, with gross profit rising to ARS 73,324 million from ARS 49,272 million [3] - Urban properties revenues slightly increased to ARS 270,550 million from ARS 268,627 million, with gross profit rising to ARS 221,659 million from ARS 219,262 million [3] - The consolidated result for the period was ARS 104,729 million, down from ARS 279,709 million in the previous year [3] - Basic EPS decreased to 142.77 from 260.59, and diluted EPS decreased to 120.52 from 229.01 [3]