IRSA Inversiones y Representaciones S.A. reported that the Ordinary and Extraordinary General Shareholders' Meeting held on April 27, 2023, It was approved by majority of votes (1) to release the Optional Reserve in the meeting held on October 28, 2022 on the results corresponding to the fiscal year ended on June 30, 2022, and to pay a dividend to the shareholders in proportion to their holdings that, adjusted for inflation in accordance with CNV Resolution No. 777/2018, result in up to the sum of ARS 21,900,000,000, to be paid in cash; and (2) to delegate to the Board of Directors the implementation of the payment of dividends to the shareholders, as well as the processing and implementation of the payment of said dividend to GDS holders.