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

3.1.2 Affiliates Affiliates are companies in which the Group exercises significant influence in terms of operating and financial policy without having control of the entity. In general, significant influence is obtained when the Group owns at least 20% of the voting rights. The Group’s investments in affiliates are accounted for under the equity method which consists of recognising: • in the statement of financial position, the value of shares stated at their cost of acquisition including goodwill, plus or minus changes in the Group’s share of the net assets of the affiliate net of any necessary consolidation adjustments; • in the statement of comprehensive income, a separate line showing the Group’s share of the profits of the affiliate net of consolidation adjustments. The financial statements of affiliates are recognised in the consolidated financial

statements from the date the significant influence begins until it is lost. As of 31 December 2021, the Group had no affiliates.

3.1.3 Transactions eliminated from

the consolidated financial statements (intra‑group transactions)

Items in the statement of financial position, income and expenses and unrealised gains (losses) resulting from intra-group transactions are eliminated when preparing the consolidated financial statements. Gains resulting from transactions with affiliates are eliminated via investments in affiliates in proportion to the Group’s interest in the Company in question. Unrealised losses are eliminated in the same way as unrealised gains but only insofar as they reflect an impairment loss.

3.2 List of consolidated companies The financial statements fully consolidate the financial statements of all companies in which M.R.M. exercises exclusive direct or indirect control.

Method of consolidation Parent company Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation

Interest

Control

SA M.R.M.

100% 100% 100% 100% 100% 100% 100%

100% 100% 100% 100% 100% 100% 100%

SAS Commerces Rendement

SAS DB Neptune

SAS DB Piper SCI Galetin II SCI Immovert

SAS Retail Carmes

All of the Group’s companies are registered in France. On 9 March 2021, the newly created Retail Carmes entity, entered the scope of consolidation. As of 31 December 2021, the registered address for all Group entities was 5, avenue Kléber – 75016 Paris.

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M.R.M. 2021 UNIVERSAL REGISTRATION DOCUMENT