MRM - 2020 Universal Registration Document

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Information on M.R.M.’s activities

Company history

Cash flow statement

The simplified cash ow statement for the past three years is as follows:

12/31/2020

12/31/2019

12/31/2018

(in millions of euros)

CONSOLIDATED NET INCOME

-7.2

3.2

-10.4

CASH FLOW

3.1

5.5

3.6

Change in operating working capital Change in cash ow from operations Change in cash ow from investing activities Change in cash ow from financing activities

0.5 3.6

-2.4

0.8 4.4

3.1

-3.9 -1.7

-1.0 -3.3

24.0

-28.3

NAT CHANGE IN CASH AND CASH EQUIVALENTS

-2.1

-1.2

0.1

Opening cash and cash equivalents Closing cash and cash equivalents

12.3 10.2

13.5 12.3

13.4 13.5

Company history

1.3

M.R.M. was initially a holding company at the head of a group organised around three business lines: manufacturing and sales of velvet products (JB Martin), clothing design and retailing in Mexico (Edoardos Martin), and the production and sale of plastic tubes and cables (M.R. Industries). In the early 2000s, M.R.M. began to actively refocus on its two primary business lines and gradually sell off all companies in the M.R. Industries business line, which was sold, together with its only subsidiary, Tecalemit Fluid System, on 29 June 2007 to JB Martin Holding for €1. 29 June 2007: Dynamique Bureaux, a property investment company managed by CB Richard Ellis Investors, took control of M.R.M., then listed on the Euronext Paris Eurolist, by acquiring 70.03% of its share capital. Before the acquisition, M.R.M. had sold all of its operational businesses grouped under the subsidiary JB Martin Holding. 31 July 2007: Dynamique Bureaux launched a simplified takeover bid for the remainder of M.R.M.’s shares. 30 August 2007: After the simplified takeover bid, Dynamique Bureaux held 96.93% of M.R.M.’s share capital and voting rights. 28 September 2007: M.R.M. began to carry out its first acquisitions of office buildings through property companies.

9 November 2007: After the French Financial Markets Authority ( Autorité des Marchés Financiers - AMF) approved the E. 07-163 document on 8 November 2007, M.R.M. announced its plans to turn itself into a mixed listed real estate investment company. This was undertaken via the merger of Dynamique Bureaux with M.R.M. and the contribution by Commerces Rendement of its shares (directly and indirectly with the contribution of all Investors Retail Holding’s shares, a company whose sole assets were its shares in Commerces Rendement). 12 December 2007: The M.R.M. General meeting of shareholders approved the following items and transactions: • contribution of all Commerces Rendement shares not held by Investors Retail Holding; • contribution of all shares in Investors Retail Holding; • takeover of Dynamique Bureaux; • cooption of directors on 29 June 2007; • transfer of the Company’s head office to 65/67, avenue des Champs Élysées, Paris 75008; • modification of the Company’s Articles of Association; • authorisation to carry out capital increases. 30 January 2008: M.R.M. opted for listed real estate companies (SIIC) status from 1 January 2008.

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M.R.M. 2020 UNIVERSAL REGISTRATION DOCUMENT