IRSA Propiedades Comerciales S A : General Extraordinary Shareholders' Meeting Announcement

The Company reported that its Board of Directors has resolved to call a GENERAL EXTRAORDINARY SHAREHOLDERS' MEETING scheduled for December 22, 2021 at 10:00 a.m. and to be held by virtual means pursuant to the provisions of the byelaws, section 61 of the Capital Markets Law and RG CNV # 830, for it to discuss the following agenda:

Note: The Registry of the Company's book-entry shares is kept by Caja de Valores S.A. (CVSA) domiciled at 25 de Mayo 362, City of Buenos Aires. Therefore, in order to attend the Shareholders' Meeting, evidence is to be obtained of the account of book-entry shares kept by CVSA. Pursuant to the provisions of the bylaws and Section 61 of the Capital Markets Law No. 26,831, and having regard to General Resolution No. 830 of the CNV, the shareholders' meeting will be held remotely. To such end, the email address l.huidobro@zbv.com.ar is available for registering attendance at the shareholders' meeting by electronic means and for sending the certificates issued by Caja de Valores obtained by the shareholders. The term for giving notice of attendance at such email address expires on December 16, 2021 at 3:00 p.m. Shareholders shall provide the following data: first and last name or full corporate name; identity document type and number, or registration data, specifying the Register where they are registered and their jurisdiction;and domicile where they are located for purposes of recording it at the shareholders' meeting. Moreover, if they are to be represented by a legal representative and/or an attorney-in-fact, the shareholders shall send the same data regarding the proxies who shall attend the meeting on their behalf, as well as the documents evidencing their capacity, duly authenticated, in PDF format, to the email address mentioned in this notice, at least five (5) business days before the meeting's scheduled date, i.e., on or before December 14, 2021. Shareholders who give notice of their attendance through the email address mentioned above shall also provide their contact details (telephone and email) for the Company to keep them updated of any potential measures that could be adopted in connection with the Shareholders' Meeting. The Company shall send a receipt to all shareholders who registered their names by email sent to the above mentioned address, which shall be required in order to attend the Shareholders' Meeting. Moreover, shareholders who are local or foreign legal entities shall identify the final beneficial holders of such shareholders' stock capital and the number of shares to be voted by them. The videoconference system to be used to hold the meeting may be accessed to by the shareholders who have given notice of their assistance, through the link to be sent to them, including the applicable instructions, to the email address reported by the shareholders. The system to be used will be the Zoom application, which will allow: (i) to secure free access of all the shareholders who were duly identified or their accredited proxies with validated qualifying instruments, including in all cases a copy of their identity document (DNI), and the access of the remaining participants at the meeting (directors and statutory auditors, among others); (ii) the possibility to participate at the shareholders' meeting by speaking and voting, through simultaneous transmission of sound, images and words all throughout the meeting, ensuring the principle of equal treatment to all participants; and (iii) digital recording all the development of the meeting and storage of a copy in digital format for a term of 5 (five) years, which shall be available to the shareholders upon request. Upon voting each item of the agenda, each shareholder will be requested to express the sense of their vote, which may be given verbally. The minutes of the shareholders' meeting will record the attendants and capacity in which they acted, the place were they were located, and the technical means used. The minutes will be executed within five (5) business days after the meeting. In case of regulatory changes in the method for holding the meeting, the Company will be able to publish a supplementary notice in which it will report and/or clarify any further data or requirements to be taken into account for ensuring due exercise of the rights of registered shareholders.