MRM // 2021 Universal Registration Document

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General information on the issuer and its share capital

Consolidated nancial statements for the nancial year ended 31 December 2021

Note 1 Company profile and significant items

1.1 General information M.R.M. (the “Company”) is a French public limited company ( société anonyme ) registered in the Paris Trade and Companies Register. Its head office is located at 5 avenue Kléber, 75016 Paris, France. M.R.M. opted for SIIC (French real estate investment trust) status with effect from 1 January 2008. M.R.M., parent company of the consolidated group, is a holding company with subsidiaries dedicated to holding and managing retail properties. The consolidated financial statements for the 12-month period ended 31 December 2021 encompass the Company and its subsidiaries (hereinafter referred to as the “Group”). The Company is listed on Eurolist, in Compartment C of Euronext Paris (France). On 24 February 2022, the Board of directors authorised the publication of the Group’s consolidated financial statements as of 31 December 2021. They are denominated in thousands of euros, unless stated otherwise. The functional currency of each Group entity is the euro. The annual reporting period for all Group entities ends on 31 December. 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 adopted new measures to restrict the opening of shops and impose a curfew, with the closing of shopping centres of more than 20,000 Sqm from 31 January 2021, and a further lockdown, frstly regional and then nationwide, was enforced from 18 March to 19 May 2021. During this period, M.R.M. kept its shopping centres in operation in order to provide access to essential shops (food, healthcare, hair salons and bookstores, etc.). The garden centres were also able to remain open. In this context, M.R.M. 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. 1.2 Highlights of the period

With regard to support measures for its retail tenants, in 2021 M.R.M.: • fnalised the signature of protocols fnalising the support measures 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 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. 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. The fnancial position of M.RM. remains healthy and its balance sheet is solid. Financing 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 to the maturity of the loan repayments planned in 2021, for a total of €1.9 million. On 23 December 2021, M.R.M. announced that it has signed a new seven-year loan of a total of €82.1 million that will enable it to repay of all its current bank debt early and give it new fnancial resources to make investments.

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M.R.M. 2021 UNIVERSAL REGISTRATION DOCUMENT

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