Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 364

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 7
Chunk 364
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 100.0             100.0
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(1)                                                            Eduardo S. Elsztain is the Chairman of the board of directors of IFIS Limited, a corporation organized under the laws of Bermuda and Inversiones Financieras del Sur S.A., a corporation organized under the laws of Uruguay. Mr. Elsztain holds (through companies controlled by him and proxies) most of the voting power in IFIS Ltd., which owns 100% of IFISA.                                                         
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(2)   As a result, Mr. Elsztain may be deemed beneficial owner of 37.6% of our total shares, which includes (i) 141,979,756 shares beneficially owned by Inversiones Financieras del Sur S.A., for which Mr. Eduardo S. Elsztain may be deemed beneficial owner, (ii) 1,131 common shares owned by Consultores Venture Capital Uruguay S.A. for which Mr. Eduardo S. Elsztain may be deemed beneficial owner, and (iii) 88,790,801 common shares directly owned by Mr. Eduardo S. Elsztain.
(3)   Includes only direct ownership of our Directors and Senior Management, other than Mr. Eduardo S. Elsztain.                                                                                                                                                                                                                                                                                                                                                                           
(4)   As of June 30, 2025, the outstanding shares were 614,074,273 and we own 6,397,536 shares in treasury. To calculate the percentage, the effect of treasury shares was not considered.                                                                                                                                                                                                                                                                                                 
Difference in Voting Rights

Our major shareholders do not have different voting rights.

Arrangements for change in control

There are no arrangements that may at a subsequent date result in a change in control.

Securities held in the host country

As of June 30, 2025, our total issued and outstanding capital stock outstanding consisted of 614,074,273 common shares. As of June 30, 2025, there were approximately 48,329,913 American Depositary Shares (representing 483,299,130 of our common shares, or 78.7% of all our outstanding shares held) in the United States by approximately 33 registered holders of American Depositary Shares.

Additionally, in March 2021, 90 million options were issued that will entitle the holders through their exercise to acquire additional new shares. The warrants may be exercised quarterly