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

trajectory to achieve the ambitious target of a reduction of 40% by 2030 set by the Tertiary Eco Energy System.

The actions undertaken by M.R.M. since 2015 have signifcantly reduced the portfolio’s energy consumption (1) and, as can be seen from the graph below, the Company is now on the right

3 3 ENERGY PERFORMANCE OF THE PORTFOLIO

kWH/(Sqm.year)

80

71.1

70.5

70

66.7

64.3

64.9

60

55.3

50

42.7

40

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

Actual trajectory

Target trajectory 2030 -40%

addition to emissions related to the operation of its portfolio, M.R.M. also wants to commit to reducing greenhouse gas emissions linked to its employees ‘activities. In addition, aware of the already proven consequences of climate change on its activities, M.R.M. has also undertaken to identify the corresponding risks including, on the one hand, the transition risks to which the Company is subject as a real estate investment company and, on the other hand, the physical risks incurred by each of its buildings. Climate change mitigation Portfolio in operation: reduction of greenhouse gas emissions related to the energy consumption of buildings through continuous improvement of their energy effciency. Corporate: reduction of the carbon footprint of M.R.M. employees by identifying the main emission sources and implementing effective reduction actions. Adaptation to climate change Identifcation of transition risks: identifcation of the main risks of the energy-climate transition according to the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and mapping of these risks including the application of adaptive actions;

Water consumption • Preserving the resource by harvesting rainwater to water natural landscaped surroundings; • Reliably monitoring and consistently improving water consumption through the use of electronic submetering; • Fitting water saving devices such as dual ush mechanisms, mixer taps and water pressure regulators, and maintaining or replacing faulty plumbing. Waste management • Setting up recycle bins to sort five types of waste on all premises with property managers making sure all tenants are on board; • Informing tenants of best waste management and waste reduction practices; • Incentivising contractors to reduce and sort waste during works. 4.2.3 Consideration of issues related to climate change Through the aforementioned actions, M.R.M. also aims to mitigate climate change, mainly by reducing greenhouse gas emissions related to the energy consumption of its assets. In

(1) Scope includes Sud Canal in Saint-Quentin-en-Yvelines, Les Halles du Beffroi in Amiens, Le Passage du Palais in Tours, Carré Vélizy in Vélizy-Villacoublay and Le Passage de la Réunion in Mulhouse. Exclusion of sites: i) single-tenant: 2, rue de l’Etape in Reims and Gamm Vert portfolio; ii) without common areas: Aria Parc in Allonnes or iii) in minority co-ownership: Valentin shopping centre in Besançon.

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M.R.M. 2020 UNIVERSAL REGISTRATION DOCUMENT