Role
Director
Signature
/s/Amalia Cristina Sternheim by POA for Eduardo Sergio Elsztain
Issuer symbol
IRS
Transactions as of
18 Mar 2026
Net transactions value
$0
Form type
3
Filing time
18 Mar 2026, 21:10:42 UTC

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
ELSZTAIN EDUARDO S Director BOLIVAR 108, 1ST FLOOR, BUENOS AIRES, ARGENTINA /s/Amalia Cristina Sternheim by POA for Eduardo Sergio Elsztain 18 Mar 2026 0001037182

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IRS Common Shares 4,487,686 18 Mar 2026 Direct
holding IRS Global Depositary Shares (GDS) 518,834 18 Mar 2026 Direct
holding IRS Common Shares 1,294,082 18 Mar 2026 See Footnote F1
holding IRS Common Shares 9,173,091 18 Mar 2026 See Footnote F1
holding IRS Common Shares 8,353,413 18 Mar 2026 See Footnote F1
holding IRS Common Shares 169,470,987 18 Mar 2026 See Footnote F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding IRS Warrants to Purchase Common Shares 18 Mar 2026 Common Shares 9,710,622 $0.2641 See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person reports the shares held by IFISA due to his control over IFISA. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein
F2 Indirect ownership through CRESUD S.A,C,I,F y A. (39,12% equity interest)
F3 Exercisable until May 12, 2026.