Slide 1: Company Presentation 2Q' 2026
Consultatio Company Presentation 2Q’ 2026
Slide 2: A leading high-end residential and commercial real estate developer
Consultatio A leading high-end residential and commercial real estate developer More than 2,100 ha of selleable land plots and 297,175 sqm of residential and office towers have been developed.
Slide 3: Attractive and diversified real estate portfolio
COMPANY OVERVIEW Attractive and diverisified real estate portfolio A flexible business model and the ability to presell products underpin our financing structure. We operate in two development business segments. Master-planned Communities Residential, Mixed Use & Office Buildings Development and rev
Slide 4: Wide experience in managing multiple projects
COMPANY OVERVIEW Residential, Mixed Use Master-planned Landbank Wide experience & Office Buildings communities in managing multiple projects in different stages of development Catalinas & Catalinas Quartier Grand Nordelta Puertos Catalinas Río Soldado de la * All percentages show the Construction Pr
Slide 5: Successful track-record with unique prospects
COMPANY OVERVIEW Successful track-record with unique prospects As of Jun, 2026 CTIO Main shareholders Consultatio Highlights Investment Contracted sales USD 5.0B EDUARDO Highlights COSTANTINI 72% › A leading high-end real Potential Sales Value (PSV) USD 1.7B estate developer with a proven 35-year tr
Slide 6: Consultatio initiating its fourth expansion phase
COMPANY OVERVIEW 0 04 50 Consultatio :2 20 ery References r y: eliv initiating live Acquisition dd de Commercial launch as ate z ar its fourth ted Delivery G stim s ima La ta E expansion phase Est del rtos Nor Pue We have successfully delivered 8 residential & 3 office towers, and 4 master-planned e
Slide 7: General Argentina Macro Overview
COMPANY OVERVIEW General CPI EMBI Argentina Argentina YoY Change 2,213 Macro 200% 211% 2000 Overview 1,906 1,744 1,688 150% 1500 Current Administration 118% 1,368 continues to deliver 100% 1000 results on the macro front, 95% Estimated with decreasing inflation, 817 consistent fiscal surplus, 50% 41
Slide 8: The Housing Sector in the City of Buenos Aires
COMPANY OVERVIEW Mortgage-backed Transactions Construya Index The Housing Nº of Transactions YTD Nº of Mortgages YTD % Mortgages Index 100 Jan-25 (USD) Sector in 70 (thousands) 200 the City of 60 26% 175 Buenos Aires 50 23% 20% 150 122 125 With a more stable 40 100 macroeconomic context, 30 14% 75 a
Slide 9: Master-planned Communities
Master-planned Communities Nordelta Puertos Las Garzas La Dolfina Punta del Este 1,800 ha 1,400 ha 240 ha 145 ha
Slide 10: A business model based on a simple premise: land revaluation
MASTER-PLANNED COMMUNITIES A business Valuable asset base generates substantial cash flow model based on a simple premise: land revaluation x Through large-scale planning, 2 4 Consultatio creates communities that combines an urban proposal with a close-to-nature lifestyle. 1 x Nature amenities such
Slide 11: Nordelta
MASTER-PLANNED COMMUNITIES Nordelta Since its launch in 1999, Consultatio has become the undisputed leader in this segment 1998 Land acquisition 1999 Sales launch 2040 Delivery (e) 1,800 Land size (ha) 7,012 Sellable plots 1.8M Sellable area (FAR) 49.9% Consultatio’s Stake 11 | Consultatio › 2Q › 20
Slide 12: Over 27 years, we have transformed a raw landscape
MASTER-PLANNED COMMUNITIES Over 27 years, Puertos we have Río de la Plata transformed a Nordelta raw landscape into a large community of 36 km 45,000 residents 21 neighborhoods City of Buenos Aires 9 medium-density area 45,000 residents Nordelta Nordelta USD 756M 2003 today investments by Nordelta S
Slide 13: Nordelta, Tigre
MASTER-PLANNED COMMUNITIES Nordelta, Developed Tigre Under Significant value creation development unlocked via new developments. Medium-density area 13% 233,403 sqm (e) 87% 1,571,658 sqm Low-density area 100% 7,012 plots 13 | Consultatio › 2Q › 2026
Slide 14: A Unique Range of Services
MASTER-PLANNED COMMUNITIES A Unique Range of Services Scale allows Nordelta to include a wide variety of services unseen in peers’ projects. x 3 health care centers x Largest educational center in Argentina: 6 schools & 1 university x 5 star hotel x Shopping mall x 2 religious temples x Sports facil
Slide 15: Nordelta in numbers
MASTER-PLANNED COMMUNITIES Nordelta Total project Executed as of today Remaining / % Nordelta Potential sales value USD 2,117M USD 1,633M USD 484M / 23% in numbers Saleable Area Developed 1,450 ha 1,366 ha 84 ha / 6% Nordelta is positioned as an iconic masterplanned Potential sales plots 7,012 6,695
Slide 16: Puertos
MASTER-PLANNED COMMUNITIES Puertos Drawing from our experience with Nordelta, we launched Puertos in 2010 2007 Land acquisition 2010 Sales launch 2050 Delivery (e) 1,400 Land size (ha) 6,227 Sellable plots 1.1M Sellable area (FAR) 100% Consultatio’s Stake 16 | Consultatio › 2Q › 2026
Slide 17: In Puertos we are developing a vibrant, sustainable community
MASTER-PLANNED COMMUNITIES In Puertos we Puertos are developing Río de la Plata a vibrant, Nordelta sustainable community with a focus on active living 55 km 12 City of neighborhoods Buenos Aires 2 medium-density area 3,500 residents Puertos Puertos 2010 today USD 473M investments by CTIO 65 ha rece
Slide 18: Puertos, Escobar
MASTER-PLANNED COMMUNITIES Puertos, Developed Escobar Under A continuous cycle of development value creation between commercial amenities and the residential area. Low-density area 31% 1,913 plots (e) 69% 4,314 plots Medium-density area 68% 724,982 sqm (e) 32% 336,984 sqm 18 | Consultatio › 2Q › 202
Slide 19: A unique set of services
MASTER-PLANNED COMMUNITIES A unique set of services Like Nordelta, Puertos meets the minimum scale to include a city-like range of services. x 3 educations facilities x 60 ha of nature reserve x Commercial area x Malba Puertos museum x Sports facilities: tennis, soccer, gym & nautic sports 19 | Cons
Slide 20: Puertos in numbers
MASTER-PLANNED COMMUNITIES Puertos Total project Executed as of today Remaining / % Puertos Potential sales value USD 1,698M USD 607M USD 1,091M / 64% in numbers Saleable Area Developed 1,025 ha 643 ha 382 ha / 37% A historically strong and value-generating sales Potential sales plots 6,227 3,960 2,
Slide 21: La Dolfina Punta del Este
MASTER-PLANNED COMMUNITIES La Dolfina Punta del Este The result of our founder’s vision and Adolfito Cambiaso’s passion — a unique collaboration that elevates polo and residential living to a new level. 2025 Land acquisition 2025 Sales launch 2028 Delivery (e) 145 Land size (ha) 485 Sellable plots 7
Slide 22: La Dolfina Punta del Este
MASTER-PLANNED COMMUNITIES La Dolfina Punta del Este The masterplan envisions polo fields, an equestrian club, sports and recreational amenities and generous green spaces. x Prime Location on Route 10 between José Ignacio and Manantiales. x 1,145 sqm average lot size x Extensive green areas and wate
Slide 23: Las Garzas
MASTER-PLANNED COMMUNITIES Las Garzas Exclusive gated residential resort near Punta del Este, Uruguay 2007 Land acquisition 2008 Sales launch 2028 Delivery (e) 240 Land size (ha) 473 Sellable plots 45% Consultatio’s Stake 23 | Consultatio › 2Q › 2026
Slide 24: Exclusive amenities to enjoy nature
MASTER-PLANNED COMMUNITIES Exclusive amenities to enjoy nature Designed for families seeking relaxation and tranquility. x Waterfront deck x Restaurant x Sports include pool, gym, tennis and paddle courts, water sports x Horseback riding and bike journeys 24 | Consultatio › 2Q › 2026
Slide 25: Residencial, Mixed Use & Office Buildings
Residencial, Mixed Use & Office Buildings Oceana Huergo Oceana Oceana Catalinas Puerto Madero 475 Nordelta Bal Harbour Norte 27,763 sqm 24,003 sqm 26,032 sqm 63,399 sqm 48,000 sqm
Slide 26: Our residential developments in Argentina and US
RESIDENCIAL & OFFICE BUILDINGS BUENOS AIRES BUENOS AIRES MIAMI Our residential developments Central Oceana Bal Harbour Business in Argentina District Nordelta and US Puerto Atlantic Madero Ocean x Oceana combines resort-style amenities with best-in-class Oceana artistic design, featuring Nordelta a
Slide 27: Huergo 475
RESIDENCIAL & OFFICE BUILDINGS Huergo 475 The project is part of the new green corridor that connects Puerto Madero with the city center. 24,003 saleable sqm 38 story residential tower 507 units Full views over city and river 2025 year of delivery 99% sold 70% Consultatio’s Stake 27 | Consultatio ›
Slide 28: Oceana Puerto Madero
RESIDENCIAL & OFFICE BUILDINGS Oceana Puerto Madero Situated in the last plot available in Puerto Madero, Oceana is a unique place to experience the city. 27,763 saleable sqm 2 8-story building 192 units EDGE certification 2022 year of delivery 100% sold 80% Consultatio’s Stake 28 | Consultatio › 2Q
Slide 29: Oceana Nordelta
RESIDENCIAL & OFFICE BUILDINGS Oceana Nordelta A unique location inside our master-planned community project surrounded by water and near Nordelta’s city center. 26,032 saleable sqm 7 story 2025 year of delivery Developed by a 3rd party CTIO will receive 7,275 sqm (39 units) 77% sold 50% Consultatio
Slide 30: Oceana Bal Harbour
RESIDENCIAL & OFFICE BUILDINGS Oceana Bal Harbour We developed two luxury residential towers in Miami, Florida. Oceana Bal Harbour was the latest delivery. 63,399 saleable sqm 240 units 2016 delivery Ocean Front resort-style amenities Two Jeff Koons pieces 49,7% Consultatio’s Stake 30 | Consultatio
Slide 31: Catalinas Norte Tower
RESIDENCIAL & OFFICE BUILDINGS Catalinas Norte Tower We developed three AAA office towers in the Catalina's business area. Our latest project, Catalinas Norte (BBVA), has a LEED certification. 2016 delivery 33 total floors 1,400 sqm typical floor size 48,000 sqm gross leasable area (GLA) 1,429 sqm G
Slide 32: Landbank
Landbank Catalinas Río Soldado de la Independencia Cerviño Carrasco 100,000 sqm 16,830 sqm 65,000 sqm 182 ha
Slide 33: Catalinas Río
LANDBANK Catalinas Río A landmark waterfront mixed-use development in Buenos Aires’ CBD x Prime waterfront location in the Catalinas submarket facing the Río de la Plata x 3,200 sqm land plot x 100,000 sqm of Potential Saleable Area x Large Scale Office Building plus mixed use x Fully owned by Consu
Slide 34: Cerviño
LANDBANK Cerviño A large-scale urban project in one of Buenos Aires’ most dynamic submarkets x Prime site in Palermo x 75,000 sqm of potential saleable area x Mixed-use project integrating design, art, and architecture 34 | Consultatio › 2Q › 2026
Slide 35: Carrasco
LANDBANK Carrasco A master-planned residential community with long-term value creation in Uruguay x 182 has next to Carrasco x 30 minutes away from Montevideo´s City Center x Master-planned residential community with long-term development potential x 37% owned by CTIO 35 | Consultatio › 2Q › 2026
Slide 36: Soldado de la Independencia
LANDBANK Soldado de la Independencia A high-quality residential development in a prime Buenos Aires location x Exceptional location in Las Cañitas, one of Buenos Aires’ most dynamic and well-connected districts x 16,800 sqm potential saleable area x High Quality development x Fully owned by Consulta
Slide 37: Company Structure & Financial Overview
Company Structure & Financial Overview
Slide 38: Strong reputation and loyal client base
COMPANY OVERVIEW Our values and attributes Our awards Strong reputation and loyal client base Integrity Consultatio Since the beginning, we x Premio Fortuna to the best It means being honest. Establishing relationships based on respect and trust. Taking responsibility. were aimed at not just Real Es
Slide 39: Top-tier management supported by experienced directors
COMPANY STRUCTURE Top-tier Eduardo Francisco Costantini Andrés Mattar Chairman Chief Development Officer management Founder & Main Shareholder He has been in the company since 2023. supported by experienced Cristián Costantini Rodolfo Pérez Guerrero directors Vice Chairman He has been in the company
Slide 40: Corporate structure
COMPANY STRUCTURE Corporate structure A clean structure controlled by its founder. 72% 25% 3% Eduardo Costantini ANSES¹ Free float 100% 49.9% 45%² 55.1%⁴ 70% 75% 51% Consultatio Nordelta Las Garzas Consultatio Radewar GDB Argencons Argentina S.A.U. S.A. S.A. Real Estate LLC S.A.S. S.A.S. S.A. 80%3 5
Slide 41: Consultatio's cash management and shareholders retribution
FINANCIAL OVERVIEW Dividend history Performance CTIO vs Merval since IPO Consultatio’s USD MEP million CTIO adjusted by dividends and splits cash 40 400 CTIO Index (USD) MERVAL Index (USD) management 35 34.4 35.4 33.6 350 283 and shareholders 30 27.5 300 retribution 25 23.0 250 20 200 More than USD
Slide 42: Historical Consolidated Balance Sheet
FINANCIAL OVERVIEW In millons of ARS 30/06/2026 31/12/2025 31/12/2024 31/12/2023 31/12/2022 31/12/2021 Historical Total Assets 1,629,367 1,817,585 1,949,221 2,460,715 1,961,134 2,142,110 Consolidated Total Current Assets 486,799 563,919 861,454 1,029,284 692,475 853,026 Balance Sheet Cash and Equiva
Slide 43: Historical Consolidated Income Statement
FINANCIAL OVERVIEW In millons of ARS 30/06/2026 30/06/2025 30/06/2024 30/06/2023 30/06/2022 30/06/2021 Historical Revenues 156,411 69,680 66,590 129,582 86,013 198,125 Consolidated Cost of good and services (120,095) (41,971) (38,326) (86,196) (62,390) (103,890) Income Gross Profit 36,316 27,709 28,
Slide 44: Creating value
Creating value In projects, in business, in heritage, but also on relationships and lifestyles. We create new paradigms. We are moved by the idea of adding. Adding knowledge, track-record and a vision of the future allows us to step-up from the role of consultants and become creators of new ways.
Slide 45: Disclaimer
Disclaimer Numbers have been calculated using blue chip swap as the exchange Neither the Company nor any related companies, directors, officers, rate for a given time. representatives or employees thereof shall in any event be liable as to third All figures in this presentation represent management
Slide 46: Consultatio - Creating Value
Comsultatio CREATING VALUE