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Founded in 1943, IRSA Inversiones y Representaciones Sociedad Anónima (“IRSA” or the “Company”) is one of Argentina’s leading real estate companies and the only Argentine real estate company whose shares are listed both on Bolsas y Mercados Argentinos (“BYMA”) and on the New York Stock Exchange (“NYSE”).

We are engaged, directly and indirectly through subsidiaries and joint ventures, in a range of diversified real estate-related activities in Argentina, including:

• the acquisition, development and operation of shopping malls,
• the acquisition and development of office buildings and other non-shopping mall properties primarily for rental purposes,
• the development and sale of residential properties,
• the acquisition and operation of luxury hotels,
• the acquisition of undeveloped land reserves for future development or sale, and
• selective investments outside Argentina.

Additionally, we own 29.91% of Banco Hipotecario S.A. (Banco Hipotecario), one of the leading financial institutions in Argentina.