ZBV Abogados advised IRSA Inversiones y Representaciones S.A ("IRSA" or the "Company") in the issuance of Series No XXV (“Series No XXV” or the "Notes") transaction, under its Global Notes Program (not convertible into shares) for up to USD 750,000,000 (US Dollars seven hundred fifty million dollars) (or its equivalent in other currencies or units of value). 

On June 8th, 2026 IRSA successfully completed the placement and issuance of Series No. XXV for an aggregate of USD 50.000.000 (USD fifty million dollars), which will bear a fixed annual nominal interest rate of 3,75%, and will mature BV on June 8, 2027.  

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 A3 Mercados S.A. 

Counsel to IRSA. 

ZBV Abogados 

Carolina Zang and María Angélica Grisolia, Nadia Dib, Juan Cruz Cañete Larivey and Francisco Vigil.