MRM // 2022 Universal Registration Document

1

Information on M.R.M.’s activities

Key figures

Summary of the appraisal valuations

31/12/2022

Appraiser

BNP Paribas Real Estate Valuation

80% of properties (1) visited less than 12 months ago 20% of properties (1) visited 12 to 24 months ago

Date of the latest visits

13 fully owned properties 3 jointly owned properties 3 properties in volume units

Type of ownership

Appraisal value excluding transfer taxes

€249.6m €244.9m

Value in the consolidated financial statements

Capitalisation rates

Between 5.3% and 10.6% (an average of 6.6%) Between 5.0% and 9.9% (an average of 6.2%)

Net yield rate

Physical occupancy rate (2) Financial occupancy rate (2)

90% 88%

(1) By value. (2) Calculated on the basis of total existing units in the portfolio.

1.3.2 Financial data

IFRS simplified balance sheet

31/12/2022

31/12/2021

31/12/2020

(in millions of euros)

Investment properties

244.9

162.0

161.0

Current receivables/assets Cash and cash equivalents

11.0 10.0

7.6 9.8

8.2

10.2

TOTAL ASSETS

265.9 139.0

179.4

179.4

Equity

97.4 74.4

93.9 76.8

Financial debt

116.7

Other debts and liabilities

10.2

7.6

8.7

TOTAL LIABILITIES

265.9

179.4

179.4

The value excluding transfer taxes of the Group’s asset portfolio changed as follows over the past three years:

CAPEX €+3.1m

€168.1m

€161.0m

Disposals €-0.2m

Change in fair value €-10.0m

31/12/2020

31/12/2019

10

M.R.M. 2022 UNIVERSAL REGISTRATION DOCUMENT