Slide 1: Institutional Presentation FY 2026
Institutional Presentation FY 2026 Maximizing Agricultural Potential
Slide 2: Leading Agribusiness In The Region Since 1994
Leading Agribusiness In The Region Since 1994 Historical Milestones 864 Portfolio (Th. Ha) Current Management Expansion to Brazil BrasilAgro listed Fyo Brazil Takes Control IPO USD 276 MM on NYSE Foundation 1960 20 1997 2008/9 2015 2020/21 1936 1994 1999 2006 2012 2022/23 Listed on NADAQ Listed on B
Slide 3: CRESUD at a Glance
CRESUD at a Glance BrasilAgro farms More Than 30 Years Investing In Real Assets CRESUD farms Leased farms administrations Leading Diversified 100% FARMS IN 34.86% ARGENTINA agricultural portfolio by company in LATAM activity & regions 35.4% Farms in Brazil, Bolivia & Paraguay CORN Mixed strategy 27%
Slide 4: Planted Area by Crop by Country
Planted Area by Crop by Country Total: 313.6k ha (owned & leased) Soybean Corn Soybean Corn 159.6k ha 133.7k ha 18% 36% 45% Argentina Brazil 56% Sugarcane 20% 11% 8% 8% Wheat 51% Others Others 43% Soybean Corn 4% 2% Soybean Sugarcane 33% Paraguay Bolivia 26% 53% 14.3k ha 6.0k ha 71% 8% 8% Others Oth
Slide 5: Regional Agribusiness Strengths
Regional Agribusiness Strengths SOUTH AMERICA EXCESS OF WATER RESOURCES PER CAPITA Per Capita Renewable Freshwater Resources (m3) Freshwater Stress Levels Water Withdrawals as a Share of Internal Resources South America 30,428 Oceania 29,225 Eastern Europe 21,383 North America 12,537 Central America
Slide 6: Regional Agribusiness Strengths
Regional Agribusiness Strengths LATAM GROWING IMPORTANCE AS A WORLD FOOD SUPPLIER Crops Net Trade by Region in Constant Value 2008-2010 2018-2020 2030 100 75 80 70 55 45 36 15 -20 -22 -18 -25 -35 -40 -45 -60 -85 -100 Europe & North America LATAM Asia Pacific Middle East & Sub-saharan Central Asia No
Slide 7: Argentina: World-Class Agriculture, Unlocked Potential Ahead
Argentina: World-Class Agriculture, Unlocked Potential Ahead Argentina’s Strengths As A Global Agricultural Leader Agricultural Subsidies (% of Gross Income) • Top Global Food Exporter #1 in Soybean Oil & Meal & #3 in Corn European Union • Leader in Sustainable Agriculture +95% no-till farming; cove
Slide 8: Agribusiness Strategy
Agribusiness Strategy 1 Farmland Real Estate Value Creation through Optimization and Portfolio Rotation 2 Farming Activity Supplying Global Food Demand from South America 3 Agricultural Commercial Services Complementing Traditional Farming With Services, Trading and AgTech ESG Commitment 4 Diving Su
Slide 9: Farmland Real Estate: Value Creation through Optimization & Rotation
Farmland Real Estate: Value Creation through Optimization & Rotation Change in Land Allocation and Use Land ROIC Value Strategy Improvement Productivity Increases Crop and Livestock Management Farmland Value Creation Farmland Appreciation Returns Urban Property Value Creation Specialties Sugarcane C
Slide 10: Agricultural Real Estate Pioneers
Agricultural Real Estate Pioneers Due Diligence of more than 10 mm hectares across the world Land acquisition with potential for appreciation and sale at optimal productive levels Land optimization due to change of activity and technological innovation Large-scale farm acquisitions and partially fin
Slide 11: CRESUD's Regional Farmland Rotation Track Record
CRESUD’s Regional Farmland Rotation Track Record STRONGER APPRECIATION AND LIQUIDITY IN BRAZIL OVER THE PAST DECADE VS. ARGENTINA Argentina Brasil Corn Belt Land Value (In USD/Ha) Corn Belt Land Value (In USD/Ha) Land Acquisitions (USD MM) Land Acquisitions (USD MM) Land Sales (USD MM) Land Sales (U
Slide 12: Farmland Values: Argentina Lagged Compared to US & Peers
Farmland Values: Argentina Lagged Compared to US & Peers Ahead FARMLAND TRADING AT MINIMUM LEVELS IN GOLD TERMS Farmland Prices (In USD/ha) US Farmland in Gold Terms: Trading at minimum levels Ounces of Gold to buy 1 acre in Iowa 28.267 12,0 USA - Iowa Argentina - BA Corn Belt Brazil - Mato Grosso 9
Slide 13: Farming Track Record
Farming Track Record Planted Area (Th. hectares) 314 299 Leased to 3rd parties +10.1% 278 283 279 283 277 18 21 Bolivia 262 12 11 6 14 24 24 28 21 6 Paraguay CAGR 197 226 220 220 217 213 208 14 12 12 11 7 181 121 Brazil 123 142 141 109 120 74 82 Argentina 65 47 46 44 49 154 36 37 23 23 36 37 123 119
Slide 14: Farming Activity: Areas Under Irrigation in Argentina
Farming Activity: Areas Under Irrigation in Argentina Technological Irrigation Systems Applied to Our Production LOS POZOS ~ 5,000 ha ~ 300 mm Bayer’s largest seed Crops under irrigation (mainly in ARSL) irrigated per ha/per year facility in Argentina AGRORIEGO (ARSL) SOYBEAN CORN WHEAT SUNFLOWER MU
Slide 15: Integrated Beef Production Model: Breeding, Backgrounding & Finishing
Integrated Beef Production Model: Breeding, Backgrounding & Finishing CRESUD operates a fully integrated cattle system across El Tigre (La Pampa) and Los Pozos (Salta) 1. BREEDING (LOS POZOS – SALTA) 2. BACKGROUNDING 3. FINISHING (FEEDLOT + PASTURE) • Natural service with own genetics • Pasture-base
Slide 16: Cattle Activity: Integrated Cycle
Cattle Activity: Integrated Cycle Cattle Production & Inventory Producción Production (Miles Tn) (Th. tons) Cabezas Cattle (miles) (Th. heads) Inventory Brazil & Argentina Paraguay 153,1 17% 83% 134,7 116,5 106,6 99,0 94,0 90,3 91,0 82,6 83,7 83,6 86,0 85,4 86,6 82,2 83,0 75,0 76,0 77,8 71,2 70,6 74
Slide 17: Agricultural Commercial Services Performance (51.2% stake)
Agricultural Commercial Services Performance (51.2% stake) 17
Slide 18: Technology & Innovation Across our Farms
Technology & Innovation Across our Farms From Data to Better Decisions in the Farm 18
Slide 19: Technology Applied to Production & Natural Resources
Technology Applied to Production & Natural Resources Generating long-term value through sustainable practices 19
Slide 20: Environmental, Social & Governance (ESG) Progress
Environmental, Social & Governance (ESG) Progress 14 20
Slide 21: Financial Results
n G CRESUD Financial Results { A) TA
Slide 22: Agribusiness Gross Profit (USD million)
Agribusiness Gross Profit (USD million) 183 169 103 95 79 80 73 70 52 33 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 22
Slide 23: Net Asset Value (NAV)
Net Asset Value (NAV) USD Million (as of June 30, 2026) LTV 17.4% 230 373 346 263 2.145 1.772 Market Cap 1.305 872 P/NAV 0.49x IRSA NAV BrasilAgro NAV Farmlands in Other investments + Gross Asset Value Net Debt 1 Net Asset Value 1 Argentina biological Assets 1 - Internal valuation 23
Slide 24: Standalone Debt Profile as of June 30, 2026
Standalone Debt Profile as of June 30, 2026 (USD million) 355 373 Series XLIV: Series XLIX: • Rate: 6.00% • Rate: 7.25% • Amount: USD 39.8M • Amount: USD 31.3M • Maturity: jan-27 • Maturity: sep-27 178,5 Subsequent Issuance 134,7 Additional Series LIII (aug-26): FY 25 FY 26 • Rate: 6.25% • Amount: U
Slide 25: CRESUD Dividend Distribution (Approved Oct 30, 2025)
CRESUD Dividend Distribution (Approved Oct 30, 2025) Dividend & Treasury Shares Distribution Dividend Distribution (USD CCL million) Dividends In cash In kind Amount ARS 65,080 MM 12,7 MM 65.7 63.7 IRSA shares Per ordinary share ARS 103.8769 0.02027 IRSA shares 27.0 Per ADS ARS 1,038.769 0.20271 (Ma
Slide 26: Contact Information
Contact Information Our Website Our Email Our Phone Our Address Our Twitter www.cresud.com.ar ir@cresud.com.ar +54 11 4323-7449 Della Paolera 261, @CRESUDIR 9th Floor