MRM - 2020 Universal Registration Document

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General information on the issuer and its share capital Management report for the financial year ended 31 December 2020

Aware of its impact on places and economic activity, M.R.M. seeks not only to be part of local and regional economies but to contribute to their health and to the development of all parties involved. For example, in its Passage de la Réunion shopping centre in Mulhouse, M.R.M. lets local charities use its premises free of charge for cultural or commercial events. As part of its “Synergies centre by M.R.M.” concept applied in several of its shopping centres, M.R.M. backs local artists by providing them with a wall on which to regularly exhibit their work in partnership with local art schools. Under the same concept, M.R.M. also enables local newspapers and neighbourhood announcements to be broadcast, in order to promote culture, mutual aid and connections between customers. In 2020, the Company renewed its support for the H’up Entrepreneurs association, whose purpose is to represent and support entrepreneurs with disabilities and help make a success of their businesses. In addition, in 2020, M.R.M. endeavoured to formalise its approach to enhancing its local presence, notably through reporting specifc to this subject that is being used to lay the foundations for developing its strategy and the implementation of an action plan for 2021. In cooperation with its property managers, M.R.M. carried out a precise inventory of its actions and defned monitoring indicators, aimed at improving existing practices and enabling the implementation of new practices. 4.2 Environmental information Aware of the interrelationship between the environment and the property sector, M.R.M. has undertaken to reduce its environmental footprint at the corporate level and across its asset portfolio. At the corporate level, M.R.M.’s head offices at 5, avenue Kléber in Paris are certified HQE (High Environmental Quality). The Company encourages its employees as users of the building to respect and protect the environment by sorting waste, using stationery sparingly, using alternative modes of commuting, conserving energy, and adopting other best practices. Across its asset portfolio, M.R.M. applies several voluntary and regulatory measures to limit the environmental impact of its properties.

the value chain in workable and informative efforts to improve energy efficiency, reduce water and energy consumption, and limit waste production. M.R.M. wants to go beyond the regulatory obligation on this subject. Thus, since 2020, the Company has taken advantage of each new lease, amendment or lease renewal, regardless of its size, to include an environmental appendix. As of 31 December 2020, 58% of current retail leases had an environmental appendix. 4.2.2 Reduction in energy consumption, water consumption and waste production For several years M.R.M. has put concrete measures in place to reduce the amount of energy and water consumed and the amount of waste generated on its properties. In day-to-day operations they are applied via an action plan depending on what works best for each type of retail property managed by M.R.M. Energy consumption • improvement of equipment and automation of heating, ventilation and air conditioning (HVAC) systems to achieve reduced energy consumption and a higher level of comfort. For example, by using Building Management Systems (BMS) and modernising HVAC installations; • modernisation of equipment and automation of lighting systems resulting in substantial energy savings, notably through the installation of LED systems and the installation of presence detectors. To date, very encouraging results have already been recorded for the common areas of the buildings owned and managed by the Company, in particular: • Sud Canal shopping centre in Saint-Quentin-en-Yvelines: a 52.6% reduction in energy consumption over the period 2015-2019; • Les Halles du Beffroi shopping centre in Amiens: a 33.0% reduction in energy consumption over the period 2010-2019; • Le Passage du Palais shopping centre in Tours: a 21.3% reduction in energy consumption over the period 2015-2019; • Carré Vélizy mixed-use complex in Vélizy-Villacoublay: a 13.4% reduction in energy consumption over the period 2015-2019.

4.2.1 The environmental appendix, a key regulatory tool

In its day-to-day operations M.R.M. implements formal measures such as the mandatory environmental appendix to all leases for retail property with a surface area of more than 2,000 Sqm. The appendix is meant to involve all parties in

M.R.M. 2020 UNIVERSAL REGISTRATION DOCUMENT

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