MRM // 2021 Universal Registration Document

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General information on the issuer and its share capital Management report for the nancial year ended 31 December 2021

Concerning the administrative and financial management of the Company and the entities it owns, the Chief Financial Officer is responsible for: • managing the cash and banking transactions of these entities; • supervising the preparation of all tax and social security returns and legal disclosures of the Company and its subsidiaries; • managing the administration of these entities and coordinating the work of various external consultants and auditors; • conducting internal control assignments of the Company and its subsidiaries; • informing the Audit Committee of the fndings of these internal control assignments; and • more generally, managing the relationships with third parties involved in the areas for which the Chief Financial Officer is responsible. The Finance Department also carries out management control assignments, notably to reinforce the Group’s management procedures, as well as to monitor the property managers’ management reports and investment budgets, and to measure the Group’s property and financial performance. The Head of Asset management Reporting to the Chief Executive Officer, the Head of asset management oversees the management of the properties owned by the Group and, as part of preparing the accounting and financial information, is responsible for: • drawing up, in conjunction with the Chief Financial Officer, cash flow forecasts for each asset and their monitoring for end-of-period accounting formalities as well as the financial reporting to executive management and the Strategic Committee; and • providing all information necessary for the appraisers in charge of the half-yearly valuation estimates of the Company’s property assets. The property managers The property managers manage the receipts and expenditures relating to the properties, in accordance with the accounting regulations in force in France. They are responsible for the electronic recording of payments, payment reminders, settlements, disputes and their results, so that the Head of asset management can have access to clear and up-to date information. Property managers are also responsible for the technical and property management of the Company’s buildings. In particular, they draw up budgets for operating charges and works and rebill these to tenants.

The agreements between the property managers and M.R.M.’s subsidiaries provide for and organise the information and reporting obligations to which the property managers must adhere in performing their duties. Whenever necessary, the property managers provide the Head of asset management and the Finance Department with the information required to prepare tax returns. Every month, the information required to ensure that the accounting records are properly maintained is sent to the Finance Department as soon as possible. This information is reviewed by the Finance Department, which may directly approach the property managers directly for further details or clarifications. The Audit Committee The Audit Committee monitors the processes used to prepare the corporate and consolidated financial statements and assesses the validity of the methods selected to process significant transactions. It reports to the Board of directors. This work is performed in conjunction with the work of the Statutory Auditors. It focuses primarily on the methods used to establish and examine the financial statements. To perform its duties, the Audit Committee mainly: • consults with any persons of its choice, in particular the Chief Executive Officer, the Chief Financial Officer, the Head of asset management and the Statutory Auditors; • interviews accounting managers or property appraisers within the Group; • checks the existence of internal procedures used to maintain, prepare and check the financial statements and the existence of internal control systems and risk management systems; and • verifies significant transactions when these could give rise to a conflict of interest. In particular, the Audit Committee hears the Statutory Auditors on: • their plan and methodology for auditing the financial statements; • the main choices made in preparing the financial statements and, where possible, alternative options to accounting choices made by the Company, indicating, in the latter case, the accounting treatment they recommand; • the examinations, verifications and tests they conduct; • the main risks not reflected in the financial statements (particularly market risks and significant off-balance sheet commitments); • any problems they encountered when performing their duties; and • any limitations placed on their audits.

M.R.M. 2021 UNIVERSAL REGISTRATION DOCUMENT

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