THE COMPANY

CRESUD is an Argentine company, leader in the agribusiness for more than 80 years. We produce high quality goods, adding value to the Argentine agricultural production chain, with a growing presence in the region through investments in Brazil, Paraguay, and Bolivia. CRESUD is the only company of the sector whose shares are listed both on the Buenos Aires Stock Exchange (BYMA:CRES) and NASDAQ (NASDAQ:CRESY) with full transparency and responsibility.

LEADING AGRICULTURAL COMPANY

Managing an approximately 800k ha portfolio in Argentina, and in Brazil, Paraguay & Bolivia through our subsidiary Brasilagro.

DIVERSIFIED PORTFOLIO

Exposure to farmland in Argentina, Brazil, Paraguay and Bolivia mitigates agribusiness risks.

PIONEER IN FARMLAND REAL ESTATE

State of the art farmer with proven track record rotating the portfolio. Management of great experience and unique skills.

CONTROLLER OF IRSA

Largest diversified real estate company that manages a rental portfolio of more than 500k sqm of GLA in Argentina

STRONG CAPITAL MARKETS' TRACK RECORD

Listed on BYMA since 1960 (CRES) and on NASDAQ since 1997 (CRESY). First argentine agricultural company to be listed abroad Argentina.

100%

39.4%

53.9%

Farms in

ARGENTINA

Regional Farmland

Real Estate

Brazil, Bolivia &

Paraguay

50.1%

17.7%

33.6%

Agribusiness

Agricultural

commercial

Marketplace

services

PORTFOLIO GROWTH

REGIONAL AGRICULTURAL PORTFOLIO

Bolivia

10,020 ha

1%

Argentina 534,080 ha 71%

FARMING ACTIVITY

Brazil

145,796 ha

20%

Paraguay 59,585 ha 8%

FARMLAND SALES TRACK RECORD

ADJUSTED EBITDA EVOLUTION AND DEBT PROFILE

JUNE 30, 2021 - USD MILLION

ADJ. EBITDA BY AGRIBUSINESS SEGMENT

(USD MM)

191

+37.4%

18

FARMING

FARMLAND SALES

139

59

OTHERS

11

105

30

93

11

9

75

25

36

115

45

97

48

69

9

31

10

-2

-1

FY 19

FY 20

FY 21

FY 22

FY 17

FY 18

25 YEARS TRACK RECORD

FARMS SOLD PER YEAR

2.4x

HA SOLD PER YEAR

17,000

PORTFOLIO SOLD

PER YEAR

3.0%

DEBT

Amount

Maturity

Description

Short term debt

81.1

<360 days

Series XXXII

34.3

Nov-22

Series XXIII*

113.2

Feb-23

Series XXX

25.0

Aug-23

Series XXXI

0.8

Nov-23

Series XXXIV

24.0

Jun-24

Series XXXIII

18.8

Jul-24

Series XXXV

41.8

Sep-24

Series XXXVII

24.4

Mar-25

Series XXXVI

40.6

Feb-25

Other Debt

37.1

-

GROSS DEBT

441.1

Cash & Equivalents

58.0

NET DEBT

383.1

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Disclaimer

Cresud S.A.C.I.F. y A. published this content on 24 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2023 15:28:02 UTC.