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Cresud SACIF y A (CRES.BA)

CRES.BA on Buenos Aires Stock Exchange

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Summary

Name Age Since Current Position

Eduardo Sergio Elsztain

59 2015 Chairman of the Board

Alejandro Elsztain

52 2011 Second Vice Chairman of the Board, Chief Executive Officer

Saul Zang

73 2018 First Vice Chairman of the Board

Matias Ivan Gaivironsky

42 2016 Chief Financial and Administrative Officer

Carlos Blousson

55 2018 Chief Executive Officer of International Operations (Argentina, Bolivia)

Daniel Ricardo Elsztain

2018 Chief Executive Officer of Real Estate Business Operations

Alejandro Gustavo Casaretto

66 2018 Chief Regional Agricultural Manager, Director

Fernando Adrian Elsztain

58 2004 Director

Jorge Oscar Fernandez

80 2003 Independent Director

Pedro Damaso Labaqui Palacio

75 2006 Independent Director

Daniel Elias Mellincovsky

71 2008 Independent Director

Gabriel Adolfo Gregorio Reznik

60 2018 Independent Director

Jose Daniel Abelovich

62 Trustee

Marcelo Hector Fuxman

63 Trustee

Noemi Ivonne Cohn

59 Trustee
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Biographies

Name Description

Eduardo Sergio Elsztain

Mr. Eduardo Sergio Elsztain serves as Chairman of the Board of Cresud S.A. since January 12, 2015. Mr. Elsztain has been engaged in the real estate business for more than twenty-five years. He is the chairman of the board of Directors of CRESUD, IRSA Propiedades Comerciales, IDB Development Corporation Ltd, Discount Investment Corporation Ltd., Banco Hipotecario S.A., BrasilAgro Companhia Brasileira de Propiedades Agrícolas, Austral Gold Ltd., Consultores Assets Management S.A., among other companies. He also Chairs IRSA Foundation, is a member of the World Economic Forum, the Council of the Americas, the Group of 50 and the Argentine Business Association (AEA), among others. He is co-founder of Endeavor Argentina and serves as VicePresident of the World Jewish Congress.

Alejandro Elsztain

Mr. Alejandro Gustavo Elsztain serves as Second Vice Chairman of the Board and Chief Executive Officer of Cresud S.A. since August 2, 2011. Mr. Elsztain obtained a degree in agricultural engineering from University of Buenos Aires. He is currently Second Vice-chairman of CRESUD, Executive Vice-chairman of IRSA, Chairman at Fibesa S.A. and Vice-chairman at Nuevas Fronteras S.A. and Hoteles Argentinos S.A. In addition, he is Chairman of the israel’ companies Gav Yam and Mehadrin and Vice-Chairman of Property & Building Corporation Ltd. He is also a regular Director at IDB Development Corporation Ltd., BrasilAgro Companhia Brasileira de Propiedades Agrícolas, Emprendimiento Recoleta S.A., among other companies. He is also Chairman of Hillel Foundation Argentina.

Saul Zang

Dr. Saul Zang serves as First Vice Chairman of the Board of Cresud S.A. since February 5, 2015. Mr. Zang obtained a law degree from the University of Buenos Aires. He is a member of the International Bar Association and of the Interamerican Federation of Lawyers. He was a founding partner of Zang, Bergel & Viñes Law Firm. Mr. Zang is Vice-chairman of CRESUD, IRSA CP, Consultores Assets Management S.A. and other companies like Fibesa S.A. and Chairman at Puerto Retiro S.A. He is also director of IDB Development Corporation Ltd., Discount Investment Corporation Ltd., Banco Hipotecario S.A., BrasilAgro Companhia Brasileira de Propiedades Agrícolas, BACS Banco de Crédito & Securitización S.A., Tarshop S.A., Nuevas Fronteras S.A., and Palermo Invest S.A., among other companies.

Matias Ivan Gaivironsky

Mr. Matias Ivan Gaivironsky serves as Chief Financial and Administrative Officer of Cresud S.A. Mr. Matías Gaivironsky obtained a degree in business administration from Universidad de Buenos Aires. He has a Master in Finance from Universidad del CEMA. Since 1997 he has served in various positions at IRSA, IRSA CP and the Company, and he has served as Chief Financial Officer since December 2011. In early 2016, he was also designated as Administrative Officer. In 2008 he served as Chief Financial Officer in Tarshop and was later appointed Manager of the Capital Markets and Investor Relations Division of IRSA, IRSA CP and the Company.

Carlos Blousson

Mr. Carlos Blousson serves as Chief Executive Officer of International Operations (Argentina, Bolivia) of Cresud S.A. Mr. Blousson obtained a degree in agricultural engineering from University of Burnos Aires (Universidad de Buenos Aires). He has been working as our Chief Sales Officer since 1996. Prior to joining us, he worked as a futures and options operator at Vanexva Bursátil –Sociedad de Bolsa. Previously, he worked as a farmland manager and a technical advisor at Leucon S.A.

Daniel Ricardo Elsztain

Alejandro Gustavo Casaretto

Mr. Alejandro Gustavo Casaretto serves as Chief Regional Agricultural Manager, Director at Cresud S.A. Mr. Casaretto obtained a degree in agricultural engineering from University of Buenos Aires (Universidad de Buenos Aires). He has served as our technical manager, farm manager, and technical coordinator since 1975.

Fernando Adrian Elsztain

Mr. Fernando Adrian Elsztain serves as Director of Cresud S.A. since 2004. Mr. Elsztain studied architecture at Universidad de Buenos Aires. He has been engaged in the real estate business as a consultant and as managing officer of a real estate company. He is chairman of the Board of Directors of Palermo Invest S.A. and Nuevas Fronteras S.A. He is also a director of Hoteles Argentinos S.A. and Llao Llao Resorts S.A., and an alternate director of Banco Hipotecario and Puerto Retiro S.A. Mr. Fernando Adrián Elsztain is cousin of our Chairman, Eduardo Sergio Elsztain, and our directors Alejandro Gustavo Elsztain and Daniel Ricardo Elsztain.

Jorge Oscar Fernandez

Mr. Jorge Oscar Fernandez serves as Independent Director of Cresud S.A. since 2003. Mr. Fernández obtained a degree in Economic Sciences from University of Buenos Aires (Universidad de Buenos Aires). He has performed professional activities at several banks, financial corporations, insurance firms and other companies related to financial services. He is also involved in many industrial and commercial institutions and associations.

Pedro Damaso Labaqui Palacio

Mr. Pedro Damaso Labaqui Palacio serves as Independent Director of Cresud S.A. since 2006. Mr. Labaqui obtained a law degree from University of Buenos Aires (Universidad de Buenos Aires). He is also director of Bapro Medios de Pago S.A., permanent statutory auditor of Bayfe S.A. Fondos Comunes de Inversión, director and member of the Supervisory Committee of J. Minetti S.A., and Director of REM Sociedad de Bolsa S.A.

Daniel Elias Mellincovsky

Mr. Daniel Elias Mellincovsky serves as Independent Director of Cresud S.A. since October 31, 2008. Mr. Mellicovsky obtained a degree in accounting from the University of Buenos Aires (Universidad de Buenos Aires). He has served as director of several companies of the agricultural, food supplies, financial and hotel development sectors.

Gabriel Adolfo Gregorio Reznik

Mr. Gabriel Adolfo Gregorio Reznik serves as Independent Director of the Company. Mr. Reznik obtained a degree in Civil Engineering from University of Buenos Aires (Universidad de Buenos Aires). He worked for IRSA since 1992 until May 2005 at which time he resigned. He had formerly worked for an independent construction company in Argentina. He is director of Banco Hipotecario.

Jose Daniel Abelovich

Mr. Jose Daniel Abelovich serves as Trustee of Cresud S.A. Mr. Abelovich obtained a degree in accounting from the University of Buenos Aires (Universidad de Buenos Aires). He is a founding member and partner of Abelovich, Polano & Asociados S.R.L. / firm member of Nexia International, a public accounting firm in Argentina. Formerly, he had been a manager of Harteneck, López y Cía/Coopers & Lybrand and has served as a senior advisor in Argentina for the United Nations and the World Bank. He is a member of the Supervisory Committees of IRSA, IRSA Propiedades Comerciales, Hoteles Argentinos S.A., Inversora Bolívar, and Banco Hipotecario S.A, among other companies.

Marcelo Hector Fuxman

Mr. Marcelo Hector Fuxman serves as Trustee of Cresud S.A. Mr. Fuxman obtained a degree in accounting from the University of Buenos Aires (Universidad de Buenos Aires). He is a partner of Abelovich, Polano & Asociados S.R.L. / firm member of Nexia International, a public accounting firm in Argentina. He is also a member of the Supervisory Committees of IRSA, IRSA Propiedades Comerciales, Inversora Bolívar, and Banco Hipotecario, among other companies.

Noemi Ivonne Cohn

Ms. Noemi Ivonne Cohn serves as Trustee of Cresud S.A. Mrs. Cohn obtained a degree in accounting from the University of Buenos Aires (Universidad de Buenos Aires). Mrs. Cohn is a partner at Abelovich, Polano & Asociados S.R.L. / firm member of Nexia International, public accounting firm in Argentina, and works in the audit area. Mrs. Cohn worked in the audit area in Harteneck, Lopez and Company, Coopers & Lybrand in Argentina and in Los Angeles, California. Mrs. Cohn is member of the Supervisory Committees of IRSA and IRSA Propiedades Comerciales, among other companies.

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