27 September 2021

Series No. XXXV Notes of CRESUD Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria

Zang, Bergel & Viñes Abogados advised Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria ("Cresud " or the "Company") in the issuance of Series No XXXV (the "Notes") transaction, under its Global Notes Program (not convertible into shares) for up to USD 500,000.000 (US Dollars five hundred million) (or its equivalent in other currencies or units of value).

Pérez Alati, Grondona, Benites & Arntsen advised BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A., Banco de Galicia y Buenos Aires S.A.U., Banco Santander Río S.A., Banco de la Provincia de Buenos Aires, Balanz Capital Valores S.A.U., SBS Trading S.A., AR Partners S.A., Facimex Valores S.A., Nación Bursátil S.A., Puente Hnos. S.A., Industrial and Commercial Bank of China (Argentina) S.A.U. and Bull Market Brokers S.A., as placement agents of the Notes (the “Placement Agents”).

On September 6, 2021, Cresud successfully completed the issuance of Series No XXXV Notes for a total face value of USD 41,853,821 (US Dollars forty-one million eight hundred and fifty-three thousand eight hundred and twenty-one), will bear an annual interest rate of 3.5%, payable on a bi-annual basis, at an issuance price of 100% of face value, and will mature on September 13, 2024.

The offer was directed to the local market and the Notes have been authorized for listing on Bolsas y Mercados Argentinos S.A. and for negotiation in the Mercado Abierto Electrónico S.A.

Counsel to CRESUD.

Zang, Bergel & Viñes Abogados acted as counsel through partner Carolina Zang, and associates Ignacio Milito Bianchi, Sofía Capozzi, Ana Paula Luna y Cristian Bruno.

Counsel to the Placement Agents 

Pérez Alati, Grondona, Benites & Arntsen acted as legal advisor to the placement agents through partner Diego Serrano Redonnet and associates Nicolás Aberastury, Adriana Tucci and Florencia Rancati.

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