MRM // 2021 Universal Registration Document

1

Information on M.R.M.’s activities

Presentation of the Company

1.4.5 Main investments carried out by the Company in the last three years

During 2021, investments in the buildings in the portfolio, which mainly concern the Valentin shopping centre site, amounted to €2.8 million.

2021

2020

2019

(in millions of euros)

Acquisitions

-

-

-

Investments/CAPEX

2.8

3.1

8.0

TOTAL

2.8

3.1

8.0

1.4.6 Recent events

Reverse stock split The Combined General Meeting of shareholders of 24 June 2021 authorised, in its seventeenth extraordinary resolution, a reverse stock split of the Company and delegated all powers to the Board of directors to implement the decision for a period of 18 months. A reverse split is a technical adjustment that does not affect either the total amount of the Company’s share capital or the value of the share portfolio held by shareholders. The aim is to make the share price less volatile, as volatility is higher for shares trading at a level of around €1. During the meeting held on 24 February 2022, the Board of directors decided to implement the reverse split, which resulted in the exchange of 20 existing shares with a par value of €1 for 1 new share with a par value of €20. Prior to the reverse split, in order to obtain a number of shares outstanding which is a multiple of 20, it was also decided to cancel 13 treasury shares through a share capital reduction, in accordance with the authorization granted to it by the ffteenth resolution of the Combined General Meeting of 24 June 2021. On 24 February 2022, the number of existing shares comprising the share capital therefore decreased from 43,667,813 to 43,667,800. Then, for shareholders who do not hold a number of existing shares in multiples of 20, a purchase/sale period of existing shares began on 21 March 2022 and ended on

19 April 2022 inclusive. At the end of this exchange period, in accordance with the provisions of Article 6 of Decree 48‑1683 of 30 October 1948 and Article R. 228-12 of the French Commercial Code, the new shares that could not have been allocated individually and corresponding to the fractional rights were sold; the proceeds of sale will be distributed in proportion to the fractional rights among the holders of said rights, within 30 days from 20 April 2022. The reverse split took effect on 20 April 2022, and the share capital has since consisted of 2,183,390 new shares with a par value of €20. The new shares resulting from the reverse split have been admitted to trading on the regulated market of Euronext Paris under a new ISIN code (FR00140085W6), since 20 April 2022, the frst day of their listing. The mnemonic code (MRM) remained unchanged. Reletting of 2,000 Sqm in Carré Vélizy In January 2022, M.R.M. signed a new lease (1) with a ftness brand for a surface area of 2,000 Sqm in Carré Vélizy, a mixed-use building of retail and offces located in Vélizy Villacoublay. The new lessee will move in to the premises previously occupied by Offce Dépôt, which freed up the space at the start of the year following the liquidation of its parent company.

(1) Subject to conditions precedent

24

M.R.M. 2021 UNIVERSAL REGISTRATION DOCUMENT