IRS-WT · IRSA Inversiones y Representaciones Sociedad Anónima WT

IRSA Inversiones y Representaciones S.A. announced on June 26, 2026, the signing of a barter agreement for a lot within the first stage of its 'Ramblas del Plata' development project. The agreement transfers ownership of a 6,947 square meter lot with an estimated total saleable area of 17,500 square meters. The total consideration amounts to USD 14.175 million, structured as a combination of an upfront cash payment and future saleable square meters to be received by IRSA. This structure allows IRSA to monetize part of the project immediately while retaining upside from future sales. The company has committed to continuing infrastructure works on the plot and is advancing the signing of additional commercialization agreements. This transaction provides tangible progress on the project's execution and generates near-term liquidity, which is positive for the company's cash position. However, the ultimate value realization depends on the successful development and sale of the remaining saleable area. Investors should monitor further commercialization milestones and infrastructure progress.