MRM // 2021 Universal Registration Document

1

Information on M.R.M.’s activities

Presentation of the Company

3 BREAKDOWN BY SECTOR AS A% OF GROSS ANNUALISED RENTS

Beauty 4%

Offices 7%

Healthcare 5%

Culture, gifts, leisure 8%

DIY, gardening, pets 7%

Home equipment 19%

Catering 8%

Food 12%

Services 9%

Entertainment (fitness) 11%

Personal equipment 10%

Support measures for tenants

At the end of February 2022, the recovery rate of rents and charges for 2021 was 88%, i.e. 92% taking into account the tenant support measures that M.R.M. has provisioned. Initiatives to strengthen the Group’s liquidity 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. Thus, in May 2021, M.R.M. entered into an agreement with one of its banking partners allowing it to defer until the maturity of the loan, in June 2022, the repayments scheduled for 2021, for a total of €1.9 million. Then, on 22 December 2021, M.R.M. signed a new loan for a total amount of €82.1 million with a seven-year maturity, enabling it to make an early repayment of all of its bank debt and to acquire new fnancial resources to make investments. The fnancial position of M.R.M. remains healthy and its balance sheet is solid.

With regard to support measures for its retail tenants, in 2021 M.R.M.: • fnalised the signature of protocols fnalising the support extended for the frst period of lockdown in 2020. As a reminder, in 2020 M.R.M. granted €1.0 million in rent waivers on this occasion; • reduced its provision for the support extended during 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 extended 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. M.R.M. is closely monitoring the recovery of its tenants’ activity as well as the 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. M.R.M. may therefore grant new support measures to the tenants concerned on a case-by-case basis.

16

M.R.M. 2021 UNIVERSAL REGISTRATION DOCUMENT