MRM - 2020 Universal Registration Document

3

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

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. Integration of obligations relating to the Tertiary Eco Energy System As the owner of commercial assets of more than 1,000 Sqm, M.R.M. is subject to the regulatory obligations relating to the so-called Tertiary Eco Energy System, or “Tertiary Decree”.

In line with its environmental commitments, the Company decided to integrate these regulatory objectives from the end of 2019, from a strategic and operational point of view by working closely with the managers of its assets as of the very next year. This proactive approach enables M.R.M. to ensure the gradual and effective regulatory compliance of its portfolio. 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.

I nformation on payment terms for the Company’s suppliers and customers

As of 31 December 2020, the Company’s trade payables totalled €15 thousand excluding VAT, equivalent to 2.4% of purchases excluding VAT for the financial year.

Outstanding in

1 to 30 days

31 to 60 days

61 to 90 days

Over 90 days

0 day

Total

Trade payables excluding VAT (1) Number of invoices concerned (A)

2

1

1

- - - - -

1

5

Total net billings

€12,634 €1,169

€410

€310 0.1%

€14,523

% of annual net purchases

2.0% 0.2% 0.1%

2.4%

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 2020, the Company had no receivables.

Outstanding in

1 to 30 days

31 to 60 days

61 to 90 days

Over 90 days

0 day

Total

Trade receivables excluding VAT (1) Number of invoices concerned (B)

- - - - -

Total net billings

- - - -

- - - -

- - - -

- - - -

- - - -

% of annual revenue excluding VAT 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 receivables credit balances into account as these are not applicable. (2) Excluded from (B) and relating to contentious or unstated receivables.

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M.R.M. 2020 UNIVERSAL REGISTRATION DOCUMENT