IRSA Inversiones y Representaciones Sociedad Anónima Unaudited Condensed Interim Consolidated Financial Statements as of March 31, 2023 and for the nine and three-month periods ended as of that date, presented comparatively Legal information Denomination: IRSA Inversiones y Representaciones Sociedad Anónima. Fiscal year N°: 80, beginning on July 1st, 2022. Legal address: 261 Carlos Della Paolera St., 9th floor, Autonomous City of Buenos Aires, Argentina. Company activity: Real estate investment and developm ...

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) Q3 2023 Earnings Conference Call May 9, 2023 10:00 AM ET Company Participants Matias Ivan Gaivironsky - CFO & Administrative Officer Santiago Donato - IR Officer Jorge Cruces - CIO Conference Call Participants Santiago Donato I will give a word to Matias Ivan Gaivironsky, CFO. Matias Ivan Gaivironsky Good morning, everybody. We finished our third quarter of 2023. We are very happy with the results. We can see a strong financial and operational ...

IRSA Inversiones y Representaciones Sociedad Anónima Unaudited Condensed Interim Consolidated Financial Statements as of December 31, 2022 and for the six and three- month periods ended as of that date, presented comparatively Legal address: 261Carlos Della Paolera St., 9th floor, Autonomous City of Buenos Aires, Argentina. Company activity: Real estate investment and development. Date of registration of the by-laws in the Public Registry of Commerce: June 23, 1943. Date of registration of last amendment of ...

Financial Data and Key Metrics Changes - The company issued Series XV and XVI notes totaling $90 million to cancel short-term liabilities, resulting in a very low net debt of $285 million, a reduction of 62.2% [4][9] - The net debt to EBITDA ratio is 1.8x, with a loan-to-value (LTV) ratio of 12% and a coverage ratio exceeding 8 times, indicating a conservative debt structure [9] - Operating income, excluding fair value effects, increased by 53%, while the fair value of investment properties resulted in a loss of ARS29.5 billion this year compared to a gain of ARS43.7 billion last year [17] Business Line Data and Key Metrics Changes - The shopping malls segment saw a 50% increase in adjusted EBITDA, with sales up 20.9% compared to pre-pandemic levels and 12.4% year-over-year [45][28] - The hotel segment experienced a remarkable recovery, with occupancy reaching 71.4% and an average rate of $208 per room, marking historical records [30] - The office segment showed a decrease in adjusted EBITDA by 14% due to asset disposals, but occupancy rates improved, particularly in premium buildings [45][42] Market Data and Key Metrics Changes - The occupancy rate for shopping malls reached almost 94%, with a gross leasable area of 336,000 square meters [28] - The hotel segment in Buenos Aires is recovering due to corporate events and international tourism, with rates increasing to $135 per room [31] - The overall inflation during the semester was 43%, with a real appreciation of the peso of 1% impacting financial results [32] Company Strategy and Development Direction - The company is focused on deleveraging and maintaining a conservative capital structure, having cleared liquidity risks and short-term debt [16] - Future growth is anticipated with several projects in the pipeline, including a mixed-use development near the shopping mall [50][53] - The company is optimistic about unlocking value in its shares and expects good performance in the upcoming year [41] Management's Comments on Operating Environment and Future Outlook - Management expressed satisfaction with the results across all business lines and noted a strong recovery in tourism, particularly for the Llao Llao resort [6][16] - The company is well-prepared for future growth cycles, with good cash generation across business lines [53] - Management highlighted the importance of monitoring foreign exchange trends, which could impact future EBITDA levels [58] Other Important Information - The company has successfully managed its debt obligations, with no liquidity risk anticipated moving forward [56] - A legal claim related to an investment in Israel has led the company to create a provision of 50% of the claim amount as a conservative measure [49] Q&A Session Summary Question: Is the $50 million quarterly EBITDA level sustainable? - Management indicated that the current trends in sales from tenants support the sustainability of this EBITDA level [48] Question: Can you provide details on sales and development during the quarter? - The adjusted EBITDA from sales was $11.1 million, with total adjusted EBITDA reaching almost $80 million, compared to much higher levels last year due to significant asset sales [48] Question: What is the current status of the Costa Urbana development? - The project is awaiting a court ruling, and the company continues to work on utilities and project design [22][61] Question: Can you provide an update on the office portfolio and future changes? - The company is analyzing a mixed-use development that will include office space, indicating future growth in this segment [50]

| --- | --- | --- | --- | |-------|-------|-------|-------| | | | | | | | | | | LEADING REAL ESTATE COMPANY IN ARGENTINA 2 ✓ 30 years acquiring, developing and operating real estate ✓ Rental portfolio of approx. 500,000 sqm of GLA across Argentina ✓ 25 years listed on the NYSE and accessing capital markets A simplified vehicle after merge with IRCP DEVELOPMENT SEGMENT 15 Shopping malls 336,240 sqm RENTAL SEGMENT 6 Office buildings 82,700 sqm 3 Hotels 79,000 sqm Costa Urbana 900,000 sqm Other mixed-use landb ...

IRSA Inversiones y Representaciones Sociedad Anónima Unaudited Condensed Interim Consolidated Financial Statements as of September 30, 2022 and for the three-month period ended as of that date, presented comparatively Legalinformation Denomination: IRSA Inversiones y Representaciones Sociedad Anónima. Fiscal year N°:80, beginning on July 1st, 2022. Legal address: 261Carlos Della Paolera St., 9th floor, Autonomous City of Buenos Aires, Argentina. Company activity: Real estate investment and development. Date ...

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) Q1 2023 Earnings Conference Call November 10, 2022 10:00 AM ET Company Participants Santiago Donato - IR Officer Eduardo Elsztain - CEO MatÃas Gaivironsky - CFO Jorge Cruces - CIO Conference Call Participants Santiago Donato Good morning, everyone. IÂ'm Santiago Donato, Investor Relations Officer of IRSA, and I welcome you to the First Quarter 2023 Results Conference Call. First of all, I would like to remind you that both audio and a slide sho ...

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, 2022 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 ...

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) Q3 2022 Earnings Conference Call May 13, 2022 10:00 AM ET Company Participants Santiago Donato - Investor Relations Officer Eduardo Elsztain - Chief Executive Officer MatÃas Gaivironsky - Chief Financial Officer Jorge Cruces - Chief Investment Officer Conference Call Participants Santiago Donato Good morning, everyone. IÂ'm Santiago Donato, Investor Relations Officer of IRSA, and I welcome you to the Third Quarter of Fiscal Year 2022 Results Co ...

INSTITUTIONAL PRESENTATION IRSA 在线上的空间的客户到了。 【然后可能的机场】 【用户 IIQ 2022 ABOUT IRSA EXPERIENCED MANAGEMENT TEAM With proven track record in the industry CAPITAL MARKETS TRACK RECORD +25 years listed on the NYSE and +70 years on BYMA, accessing to international and local capital markets 2 2 C LEADING ARGENTINE REAL ESTATE COMPANY 30 years acquiring, developing and operating real estate. ● UNIQUE PORTFOLIO OF ASSETS Rental portfolio of more than 500,000 sqm of GLA ● DEVELOPMENT PROPERTIES ~20 mm sqm premium landba ...