Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 360

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 6
Chunk 360
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D. Employees

As of June 30, 2025, we had 2,889 employees.

As of such date, we had 716 employees in our Agricultural Business in Argentina, including Cresud employees and FyO but not those of Agro-Uranga S.A. Approximately 25% are under collective labor agreements.

We employ 464 people in our International Agricultural businesses, composed of 414 employees of BrasilAgro, 28 employees in the companies located in Paraguay and 22 employees in the companies located in Bolivia.

Our Shopping Malls, Offices, Sales and Developments and Other businesses had 718 employees with 270 represented by the Union of Commerce Employees (Sindicato de Empleados de Comercio). Our Hotels segment had 674 employees with 556 represented by the Tourism, Hotels and Gastronomy Union from the Argentine Republic (Unión de Trabajadores del Turismo, Hoteleros y Gastronómicos de la República Argentina) (UTHGRA).

201

The following table shows the number of employees in the Company’s various businesses as of the dates mentioned below:

                                                                                      Urban Business                                                                                                  
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                Agricultural Business(1)         Shopping Malls, Offices, Sales and Developments and Other Business               Hotels(2)     Shared Service Center     Corporate Areas   Total     
June 30, 2023                         1,152                                                                     667                     622                       235                  84        2,760
June 30, 2024                         1,153                                                                     693                     708                       229                  84        2,867
June 30, 2025                         1,180                                                                     718                     674                       241                  76        2,889

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(1)   Agricultural Business includes CRESUD, FyO, BrasilAgro, Acres and Palmeiras.
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(2)   Includes Hotel Intercontinental, Libertador Hotel and Llao Llao.            
E. Share Ownership

The following table sets forth the amount and percentage of our shares beneficially owned by our directors, Supervisory Committee and senior management as of June 30, 2025:

                                                                                                                                                            Share ownership                                                      
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Name                           Position                                                                Number of Shares (2)                  Percentage           Number of Warrants (3)                 Percentage Fully Diluted
Directors                                                                                                                                             %                                                                         %
Eduardo Sergio Elsztain (1)    Chairman