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13 ABR

COVID-19, April 13th

The company released a material fact complementing the ones published on March 19, 20 and April 1st, 2020 and in relation to the coronavirus’ evolution (COVID-19) in Argentina.

The company released a material fact complementing the ones published on March 19, 20 and April 1st, 2020 and in relation to the coronavirus’ evolution (COVID-19) in Argentina, informing its shareholders and the market in general that in compliance with the provisions set forth in section 1 of the Decree 355/2020 enacted  by the National Executive Power, whose objective is to minimize the risks of spreading the virus and to protect public health, all the Company’s Shopping Malls will extend the suspension of its operations until April 26, 2020 inclusive.

The Company keeps its commitment  to safeguard the health and well-being of its clients, employees, tenants, and the entire population, and will be constantly reassessing its decisions according to the evolving events, issued rules and guidelines of the competent authorities.

It is also informed that these actions taken by the Company in compliance with the regulations in force, may generate a negative impact on the Company’s results, which to date have not yet been quantified, without prejudice to which we are constantly monitoring activities to minimize potential losses.