Filipe

Luciano Boselli

Mariana Cruz

Matias Castagnino

- IRSA Inversiones y Representaciones S.A. reported that warrant holders exercised their right to acquire additional shares between **September 17 and 25, 2025**.  **[933267_0000933267-25-000008_form6k.htm:0]** 
- As a result of this exercise, the company collected **USD 3,073,616**.  **[933267_0000933267-25-000008_form6k.htm:0]** 
- A total of **10,536,907** new ordinary shares were registered, increasing the total outstanding ordinary shares from 762,520,793 to **773,057,700**.  **[933267_0000933267-25-000008_form6k.htm:0]** 
- The number of outstanding warrants decreased from 60,964,074 to **53,853,144** after the exercise.  **[933267_0000933267-25-000008_form6k.htm:0]**

IRSA Inversiones y Representaciones S.A. Reports Warrant Exercise and Share Issuance

- On **September 17, 2025**, IRSA Inversiones y Representaciones S.A. **acquired the "Al Oeste" shopping mall** located in Haedo, Morón district, west of Greater Buenos Aires, Argentina.  **[933267_0000933267-25-000003_form6k.htm:0]** 
- The purchase price for the mall was **USD 9 million**, of which **USD 4.5 million has been paid to date**, with the remaining balance to be paid in four annual installments.  **[933267_0000933267-25-000003_form6k.htm:0]** 
- The "Al Oeste" shopping mall has approximately **20,000 GLA sqm** and an expansion potential of **12,000 GLA sqm**; IRSA plans to convert it into an outlet center and relaunch it next year.  **[933267_0000933267-25-000003_form6k.htm:0]** 
- This acquisition expands IRSA's shopping mall portfolio to **17 assets**, with **16 operated by IRSA**, totaling approximately **390,000 GLA sqm**.  **[933267_0000933267-25-000003_form6k.htm:0]**

IRSA INVESTMENTS & REPRESENTATIONS (IRS)