Slide 1: FY 2026 Conference Call
Hosted by: FY 2026 Alejandro Elsztain, CEO Conference Call Matias Gaivironsky, CFO September 8, 2026 Santiago Donato, Head of IR & ESG Maximizing Agricultural Potential
Slide 2: Main Events for FY 26
Main Events for FY 26 2026 Campaign Concluded with Record Grain & Cattle Production 1 Larger Area, both in Owned and Leased Farms + Favorable weather conditions overall, except for some regions Rising Commodity Prices and Input Costs 2 Reduction in export taxes supported prices in Argentina. Global
Slide 3: FY 2026 – Regional Planted Area
FY 2026 – Regional Planted Area Planted Area Evolution (Th. Ha) Crop Breakdown Leased to 3rd parties +4.9% Paraguay SOYBEAN Bolivia 50% CORN Brazil 314 299 28% Argentina 278 283 279 283 277 21 18 11 262 14 24 12 6 24 28 21 6 10 11 11 226 14 13 13 12 7 220 220 217 213 14 12 SUGARCANE 208 197 121 181
Slide 4: Commodity Price Trends – Nominal & Real Terms
Commodity Price Trends – Nominal & Real Terms USD cents per bushel Aug 31, 2026 Since IIIQ26 YOY Nominal Δ Nominal Δ Soybean Soja Real Real Terms SOYBEAN +8.8% +24.2% BOOM POST-COVID Soybean Soja Nominal Terms Nominal & RUS/UKR WAR CornReal Maiz Real Terms CORN +12.2% +31.9% 2.400 Maiz CornNominal N
Slide 5: 2026 Campaign – Climate Conditions and Production Performance
2026 Campaign – Climate Conditions and Production Performance 5
Slide 6: 2026 Campaign: Strong Yields & Record Regional Crop Production
2026 Campaign: Strong Yields & Record Regional Crop Production Crop Production (th. tn) Sugarcane Production (th. tn) +23.6% 1.025 2,411 2,150 2,215 2,123 2,115 172 105 2,039 2,053 1,919 813 828 844 798 763 829 146 147 111 90 Bolivia 423 182 112 707 612 Region 596 568 589 350 311 368 536 359 469 435
Slide 7: Strong Livestock Activity in Argentina with Record Margin
Strong Livestock Activity in Argentina with Record Margin International Steer Prices (Export) Cattle Inventory, Production and Livestock Margin Cattle Heads (Thousands) Production (MM kg) Gross Margin (USD MM) 61,8 60,0 58,0 16,40 52,5 +1,9x 10,64 9,43 *Argentina: Price adjusted by tax exports and e
Slide 8: Real Estate: Regional Farmland Sales
Real Estate: Regional Farmland Sales A small transaction recognized in FY26 but a relevant new milestone at Los Pozos - Argentina 8
Slide 9: Los Pozos Farmland Case: 20+ Years of Transformation and Value Creation
Los Pozos Farmland Case: 20+ Years of Transformation and Value Creation From an underdeveloped farm to productive land, now validated by a first sale 9
Slide 10: Agricultural Commercial Services Performance (51.2% stake)
Agricultural Commercial Services Performance (51.2% stake) 10
Slide 11: Technology & Innovation Across our Farms
Technology & Innovation Across our Farms From Data to Better Decisions in the Farm 11
Slide 12: Technology Applied to Production & Natural Resources
Technology Applied to Production & Natural Resources Generating long-term value through sustainable practices 12
Slide 13: Environmental, Social & Governance (ESG) Progress
Environmental, Social & Governance (ESG) Progress 14 13
Slide 14: Investment in IRSA – Performance Overview (55.14% stake)
Investment in IRSA – Performance Overview (55.14% stake) FY 26 & Subsequent Main Events Adjusted EBITDA by Segment (ARS million) Shopping Malls FY26 Net Gain of ARS 420,977 MM 1 Strong Operating Performance across rental segments Office Buildings Hotels S&D + Others Record Rental Adjusted EBITDA in
Slide 15: Cresud Financial Results
Financial CRESUD Results
Slide 16: FX & Inflation Evolution
FX & Inflation Evolution Nominal Official FX Evolution Nominal MEP FX Evolution 1521 26% 1503 7% 1483 5% 1455 7% 1482 23% 24% -1% 1423 15% 1380 1382 1348 -4% -5% 1314 1205 1205 12% 12% 1209 4% 32% 1074 Inflation Index Evolution -10% -8% 6% 1032 1209 1214 -10% 6% 971 912 -4% 1168 7% 11.826 34% FY26 F
Slide 17: FY 26 – Consolidated Income Statement
FY 26 – Consolidated Income Statement Agribusiness Urban Properties Total FY 2026 FY 2025 Var % FY 2026 FY 2025 Var % FY 2026 FY 2025 Var % 1 Revenues 722,649 596,001 21,2% 656,714 624,835 5,1% 1,379,363 1,220,836 13.0% 2 Costs (601,073) (516,513) 16,4% (258,513) (245,700) 5,2% (859,586) (762,213) 1
Slide 18: FY 26 – Agribusiness Results by Segment
FY 26 – Agribusiness Results by Segment Agribusiness (ARS million) Farming (ARS million) Farmland sales Farming FyO Others FY 25 FY 26 Var % 65,657 Grains -7,470 -28,273 278.5% 21,282 Sugarcane 11,928 -6,082 -151.0% Cattle 11,405 6,468 -43.3% 74,690 Agriculture Rent & Service 5,419 8,346 +54.0% 16,3
Slide 19: FY 26 – Consolidated Operating Results (ARS million)
FY 26 – Consolidated Operating Results (ARS million) Operating Income (excluding fair value changes) Change in Fair Value of Investment Properties -27.3% +646.8% 190,239 269,591 195,983 25,474 FY 25 FY 26 FY 25 FY 26 19
Slide 20: FY 26 – Consolidated Results (ARS million)
FY 26 – Consolidated Results (ARS million) Net Financial Result Net Result 63,537 63,805 372,280 299,635 195,024 FY 25 FY 26 171,235 Key Drivers FY 25 FY 26 Δ Net FX Result 37,491 145,339 107,848 Change in FV of Financial 132,308 56,770 -75,538 Assets & Liabilities 177,256 Net Interests 128,400 -83,
Slide 21: Standalone Debt Profile as of June 30, 2026 (USD million)
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): • Rate: 6.25% • Amount: USD 40.4M FY
Slide 22: Contact Information
Contact Alejandro Elsztain Matías Gaivironsky Santiago Donato CEO CFO Head of IR & ESG Information Corporate Offices Independent Auditors Della Paolera 261, 9th Floor PricewaterhouseCoopers Argentina www.cresud.com.ar +54 911 4323-7449 C1001ADA – City of Buenos Aires, Argentina Bouchard 557, 7th Flo