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07 AGO

Material Fact - Lipstick Building

The Company released a material fact regarding the Lipstick Building

To inform that today its affiliate Metropolitan 885 Third Avenue Leasehold LLC (“Metropolitan”) has decided to stop facing the ground lease of the land where the Lipstick Building is located in New York City, handing over the administration of the property. This will generate an accounting profit of approximately ARS 2.5 billion.