MRM - 2019 Universal Registration Document

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Information on M.R.M.’s activities

Human resources

Human resources

1.7

Following the recapitalisation of M.R.M. in 2013, the Company brought executive management and financial management back in-house as of 1 August 2013. Prior to this, the Company had no employees. In 2015, the asset management of its property assets was reorganised and the Company appointed an in-house Head of Asset Management. The Company currently has four employees who are all based at the head office at 5 avenue Kléber, Paris (16 th arrondissement). The Company’s Chief Executive Officer is a remunerated corporate officer (see Section 2.2.1 “Remuneration of the Chief Executive Officer” of the corporate governance report in Section 4.1 of this Universal Registration Document).

A free share allocation plan was set up in 2019 for employees of the Company. Information on this free share allocation plan can be found in Section 3.3 “Employee share ownership” of Section 3.6 “Management report for the financial year ended 31 December 2019” of this Universal Registration Document. Currently, no employees of the Company or its subsidiaries are in receipt of stock options. Nor is there currently any agreement providing for an employee shareholding scheme. The Company’s human resources policy is set out in full in Section 4 “Information on corporate social responsibility” of the management report of the Board of directors in Section 3.6 of this Universal Registration Document.

Research and development

1.8

Due to the nature of its business as a real estate investment Company, M.R.M. has no research and development policy. It has registered the domain name “www.mrminvest.com”.

The Company does not consider that its business or profit capacity is in any way dependent on any particular brand, patent or licence.

Environmental policy

1.9

The Company’s environmental policy is set out in full in Section 4 “Information on corporate social responsibility” of

the management report of the Board of directors in Section 3.6 of this Universal Registration Document.

1.10 Significant changes in the financial or commercial position

2019 was M.R.M.’s twelfth full financial year as a listed real estate investment company. Having strengthened and restored its financial position since the recapitalisation operation in 2013, and in line with the

direction taken since the SCOR Group entered the Company’s share capital, M.R.M. has refocused its strategy on the holding and management of retail properties.

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M.R.M. 2019 UNIVERSAL REGISTRATION DOCUMENT