IRSA - Inversiones y Representaciones SA

10/28/2024 | Press release | Distributed by Public on 10/29/2024 10:27

Own Shares Distribution - October 2024

The Company communicates to the shareholders the own shares distribution in the Shareholders' Meeting held on October 28, 2024

The shareholders are informed that in accordance with the resolution of the Ordinary and Extraordinary General Shareholders Meeting held on October 28, 2024 and the provisions of the Board of Directors meeting on the same date, it has been arranged to distribute the company's own treasury shares for a total of 25,700,000 ordinary shares of 1 vote per share and V$N 10 each, according to the following conditions:

Process start date: November 5, 2024

Payment address: Caja de Valores S.A. 25 de Mayo 362, City of Buenos Aires

Time: Monday to Friday from 10:00 a.m. to 3:00 p.m.

Amount approved by the Shareholders Meeting: 25,700,000 shares.

The distribution of the shares constitutes 0.036013446502 shares per ordinary share and 0.36013446502 per GDS, a percentage of 3.6013446502% of the stock capital of 713,622,341 shares and V$N 10, net of treasury shares.

The fractions of shares will be settled in cash in accordance with the regulations of the Bolsas y Mercados Argentinos S.A. on fractions less than 1 share or 1 GDS.

It is recorded that the shares mentioned above will be received in the respective proportion by the holders of outstanding shares of the company as of November 1, 2024.