MRM // 2021 Universal Registration Document

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General information on the issuer and its share capital

Corporate nancial statements for the nancial year ended 31 December 2021

Appendix

The balance sheet for the year ended 31 December 2021, covering a period of twelve months like the previous year, presents a total, before appropriation of income, of €77,793,508 and a proft of €2,621,815.

government announcements relating to the system intended to help retailers affected by the administrative closures since the beginning of 2021, to cope with their fxed costs. The Group may therefore grant new support measures to the tenants concerned on a case-by-case basis. The Group’s fnancial position remains healthy and its balance sheet is solid. Indeed, in 2021, in the exceptional circumstances related to the health crisis, M.R.M. worked to strengthen its liquidity position and secure its fnancial resources, in particular by refnancing all of the bank debt subscribed by its subsidiaries. In addition, again despite the context, rental activity was dynamic in 2021. The signing of new leases and lease renewals enabled the Group to post a physical occupancy rate of the portfolio up by 2 points to 90% as of 31 December 2021, and annualised net rents up by 5.26% at €9.3 million as of 1 January 2022. Distribution to shareholders The Combined General Meeting of 24 June 2021 authorised, in its third ordinary resolution, the distribution of premiums in cash in the amount of €2,183,391, i.e. 5 euro cents gross per share, for the 2020 fnancial year, by deduction from the “Contribution premium” item. The ex-dividend date was 30 June 2021 and payment was made on 2 July 2021. Implementation of a share buyback programme On 24 June 2021, the Board of directors decided to implement the share buyback programme decided by the Combined General shareholders’ Meeting of 24 June 2021 in its fourteenth • stimulate the trading of M.R.M. securities on the secondary market, or the liquidity of M.R.M. shares via a liquidity contract concluded with an investment services provider in accordance with the regulations in force, bearing in mind that the number of shares taken into account for the aforementioned calculation corresponds to the number of shares acquired minus the amount sold; • retain the shares purchased and subsequently use them in exchange or as payment in the context of any merger, spin‑off, contribution or external growth transactions; ordinary resolution for an 18-month period. The purpose of the buyback programme is to:

Highlights of the year (French Commercial Code - Art. R.123-196 3°)

Health crisis linked to the COVID-19 pandemic As in 2020, 2021 was marked by the health crisis caused by the COVID-19 pandemic. Indeed, in response to the pandemic, in 2021 the French government took new measures to restrict the opening of shops and curfews, and a new period of lockdown, frst regional and then national, was observed from 18 March to 19 May 2021. In this context, M.R.M.’s shopping centres continued to beneft from a relatively favourable brand mix, with a signifcant proportion of stores dedicated to food, household equipment, discount and services. These sectors represent nearly two thirds of M.R.M.’s rental base. The Group kept its shopping centres in operation to provide access to essential shops (food, healthcare, hair salons and bookstores, etc.). Garden centres were also able to remain open. With regard to support measures for its retail tenants, in 2021 the Group: • fnalised the signature of protocols fnalising the support measures for the frst period of lockdown in 2020. As a reminder, in 2020 the Group granted €1.0 million in rent waivers on this occasion; and • reduced its provision for the support measures for the second period of lockdown in 2020, in view of the good level of recovery of rent and charges in the fourth quarter of 2020. The initial provision of €0.4 million as of 31 December 2020 was thus reduced to €0.2 million; • estimates the possible level of support measures for the new period of lockdown seen in 2021 at €0.5 million. Indeed, many uncertainties remain as to how the health and economic situation will evolve and over the time that will be needed to return to a normal situation. The Group is closely monitoring the recovery of its tenants’ activity as well as the

M.R.M. 2021 UNIVERSAL REGISTRATION DOCUMENT

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