MRM // 2021 Universal Registration Document

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INFORMATION ON M.R.M.’S ACTIVITIES

General presentation of the Company

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A listed real estate company and a French real estate investment trust ( société d’investissements immobiliers cotée – SIIC) since 1 January 2008, M.R.M. (the “Company”) has held a property asset portfolio valued at €162.0 million excluding transfer taxes, as of 31 December 2021, made up of retail properties in several regions of France. M.R.M. implements an active value-enhancement and asset management strategy, combining yield and capital appreciation.

Since 29 May 2013, M.R.M.’s main shareholder has been SCOR SE which owns 59.9% of the share capital. Since then, M.R.M.’s strategy has been to refocus its business on holding and managing retail properties with plans to gradually dispose of its office properties. M.R.M. completed this process in 2019 and has been a pure retail company ever since. M.R.M. is a joint-stock company whose shares are admitted to trading on the Euronext Paris regulated market, compartment C (ISIN code: FR00140085W6 - Bloomberg code: M.R.M. FP - Reuters code: M.R.M. PA).

Key fgures

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1.2.1 Overview of the Group’s portfolio

General data as of 31 December 2021 As of 31 December 2021, M.R.M’s asset portfolio comprised only retail assets.

Property asset portfolio

31/12/2021

Portfolio value (*) excluding transfer taxes recognised in the consolidated financial statements

€162.0 m

Total area

76,414 Sqm

Value breakdown

100% retail

CAPEX in 2021

€2.8 m €4.4 m

Disposals carried out in 2021

(*) Based on BNP Paribas Real Estate Valuation as of 31 December 2021. Compared to 31 December 2020, the portfolio value increased by 3.5% on a like-for-like basis. This change is due to the increase in occupancy rates and net rental income.

The Group values its property assets twice a year. The entire Group portfolio was valued as of 31 December 2021 by the appraisal company BNP Paribas Real Estate Valuation France. This company is independent: it has no ties and is not in a situation of conflict of interest with the Company. The valuations were carried out using recognised methods which are consistent over time in accordance with French

and international valuation standards, namely the Charte de l’Expertise en Évaluation Immobilière (property valuation charter), applied by all French property valuation associations, and the RICS principles (“Appraisal and Valuation Manual” published by the Royal Institution of Chartered Surveyors). The previous valuations were carried out in June 2021.

M.R.M. 2021 UNIVERSAL REGISTRATION DOCUMENT

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