Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 402

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 16
Chunk 402
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·   Hold meetings with the external auditors in order to: (a) analyze the difficulties, results and conclusions of the proposed working plan; (b) analyze eventual possible conflicts of interests, related party transactions, compliance with the legal framework and information transparency; and                                    
·   Evaluate the performance of external auditors and their opinion regarding our Financial Statements.                                                                                                                                                                                                                                  
D. Exemption from the Listing Standards for Audit Committees

This section is not applicable.

258
E. Purchases of Equity Securities by the Issuer and Affiliated Purchasers

On July 22, 2022, our Board of Directors decided to establish the terms and conditions for the acquisition of the common shares issued by the Company (the “2022 Plan”), under the terms of Section 64 of the CML and the rules of the CNV, for a maximum amount of the investment up to ARS 1,000 million. Such repurchases were made with realized and liquid earnings pending of distribution of the Company and/or freely available reserves and/or facultative reserves.

As of September 21, 2022, we finalized the 2022 Plan having repurchased a total of 5,676,603 common shares, representing approximately 99.0% of the approved program and 0.96% of the share capital.

         Period            Total Number of Common Shares Purchased (1)      Average Price Paid per Share     Total Number of ADS’s Purchased      Average Price Paid per Share     Total Number of Shares Purchased as Part of the Publicly Announced Plan (2)     Maximum amount that may yet be purchased under the plan 
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                                                                          (ARS)                                                                 (USD)                                                                                                             (In million of ARS)                                      
07/25/2022 – 07/31/2022                                       1,110,286   170.37                                              —                                  —                                                                                    1,110,286   810.8                                                    
08/01/2022 – 08/23/2022                                       4,566,317   175.38                                              —                                  —                                                                                    4,566,317   10.0                                                     
Total                                                         5,676,603                                                       —                                                                                                                       5,676,603                                                            

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(1)                               As of the settlement date of transaction.                            
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(2)   Correspond to the sum of common shares and ADS’s purchased. Each ADS represents 10 common shares.

On November 17,