MRM - 2019 Universal Registration Document

3

General information on the issuer and its share capital Management report for the financial year ended 31 December 2019

Tracking energy and water consumption, managing waste, and conserving energy Tracking consumption entails gathering accurate information via automated and outsourced data collection, among other means, and reporting it according to guidelines issued by international bodies such as the EPRA and GRI. Tracking energy and water consumption and waste production is the first step in an energy conservation strategy that seeks to significantly reduce the Company’s environmental footprint.

Taking all internal and external parties into account As a retail property owner M.R.M. aspires to be a cornerstone of local and regional economies by supporting people and businesses active in the places in which it operates. M.R.M.’s strategy also incorporates the health and well-being of its internal parties and tenants on the path to a common sustainable energy shift.

5.

Information on payment terms for the Company’s suppliers and customers

As of 31 December 2019, the Company’s trade payables totalled €7,003 excluding tax, i.e. 0.53% of purchases excluding tax for the financial year.

Outstanding in

1 to 30 days

31 to 60 days

61 to 90 days

Over 90 days

Trade payables excluding VAT (1)

0 day

Total

Number of invoices concerned (A)

- - - - -

- - - - -

2

- - - - -

2

4

Total net billings

€6,681 0.50%

€322

€7,003

% of annual net purchases

0.03% 0.53%

Number of invoices excluded (2) Total amount of invoices excluded

- -

- -

- -

Terms of payment used to calculate payment delays

Contractual terms of payment: 30 days end of the month Legal terms of payment: 30 days end of the month

(1) The terms of payment do not take trade payables debit balances into account as these are not applicable. (2) Excluded from (A) and relating to contentious or unstated payables.

As of 31 December 2019, all the Company’s trade receivables concerned doubtful debts which were thus excluded from the calculation. These receivables were transferred by a subsidiary that was dissolved without liquidation via the complete transfer of all assets and liabilities to M.R.M. in 2016. It makes no sense to include this amount in the revenue excluding VAT.

Outstanding in

1 to 30 days

31 to 60 days

61 to 90 days

Over 90 days

Trade receivables excluding VAT (1)

0 day

Total

Number of invoices concerned (B)

- -

Total net billings

-

-

-

-

-

% of annual revenue excluding VAT Number of invoices excluded (2) Total amount of invoices excluded

- - -

- - -

- - -

- - -

-

-

3

3

€6,970

€6,970

Terms of payment used to calculate payment delays

Contractual terms of payment: 30 days end of the month Legal terms of payment: 30 days end of the month

(1) The terms of payment do not take trade receivables credit balances into account as these are not applicable. (2) Excluded from (B) and relating to contentious or unstated receivables.

M.R.M. 2019 UNIVERSAL REGISTRATION DOCUMENT

61