Quarterly financial information at 31 March 2024

First quarter 2024 revenue
€578.9 million (+4.0%)

Retail: all indicators are favorably oriented

• Tenant’s revenue: +7.0%
• Occupancy rate: 97.2%
• Rental income (3-month): €59.7 million, up +9.2% at constant scope

Residential: new orders progressing in volume, stable in value

New orders¹ : 1,687 units (+10%), €469 million (-2%)
Revenue² : €457.5 million, up +2.6%

“New-generation” offerings first launches expected in Q2

• Business Property: significant progress on several projects
• Permit cleared for office project in Paris-Montparnasse (55,000 m²)
• Signing of a property development contract (PDC) on La Madeleine building in Paris (21,000 m²)

Solid financial position

• Revenue: €578.9 million, up +4.0%
• Taxonomy: revenue aligned at 55.6% (vs 48.1% in 2023)
• €2.1 billion in liquidity³ as of March 31st 2024, no drawn RCF⁴

The strategic roadmap is progressing as per expectation shared during the 2023 annual results publication. A detailed update will be provided upon the release of the half-year results on Tuesday, July 30th (after market close)

Annual General Meeting on Wednesday, June 5th, 2024 – Dividend terms and schedule

• Proposed dividend for 2023: €8.00 per share
• Two payment options: 100% cash or 75% in shares and 25% in cash
• Option period for partial conversion into shares from June 13 to June 25, 2024 (inclusive)
• Ex-dividend date on June 11th and payment date on July 5th, 2024

¹ For the first quarter.
² Revenue in percentage of completion and external services.
³ Cash available in the form of investments (investment securities, certificates of deposit, credit balances) and drawdown rights on bank credit facilities (RCF, overdraft authorizations).
⁴ Revolving Credit Facilities.