Buenos Aires,
October 28, 2024 – IRSA Inversiones y Representaciones S.A.
(NYSE:IRS;BYMA:IRSA), informs that in accordance
with the resolution of the Ordinary and Extraordinary General
Shareholders’ Meeting dated October 28, 2024 and the Board of
Directors meeting, due to the delegations made by the
Shareholders’ Meeting, a cash dividend of ARS 90,000,000,000,
charged to the year ended on June 30, 2024, equivalent to
1,261.1712782686%
of the stock capital with collection right represented by a total
of 713,622,341 shares with a nominal value ARS 10, will be made
available to the shareholders as of November 5, 2024, or on the
subsequent date resulting from the application of the regulations
in the jurisdictions where the Company's shares are listed
(“Date of Provision”).
The
amount per ordinary share (VN ARS 10) will be
ARS 126.11712782686
and the
amount per each Global Depositary Share (GDS) wil be ARS
1,261.1712782686,
payable to all shareholders that have such quality as of November
1, 2024, according to the registry held by Caja de Valores
S.A.
Payment
will be made through Caja de Valores S.A., at its address located
at 25 de Mayo 362, City of Buenos Aires, from 10 am to 3
pm.
GDS
holders will receive the amounts corresponding to the dividend
through The Bank of New York Mellon, depositary of said
certificates as of the date resulting from the application of the
regulations in force in the jurisdiction where the Company's GDSs
are listed.
It is
made known that the distribution of dividends is subject to the 7%
withholding tax established in section 97 of the Income Tax Law
(Decree 824/2019 and modifications).