MRM // 2022 Universal Registration Document

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Information on M.R.M.’s activities

Presentation of the Company

These actions were carried out while maintaining a certain quality of management of the existing portfolio: • despite the difficulties encountered by some retailers or even the liquidation of some of them, M.R.M. managed to maintain its physical and financial occupancy rates in 2022, at 90% and 88% respectively; • sales of M.R.M. retailers increased by 3% between 2019 and 2022, with a particular mention for stores of less than 500 m 2 , which saw their sales improve by 5% over the same period. These successes are the sign of a resilient property asset portfolio, in line with the market trends observed at retailer level: In January 2019, the Group finalised the office assets disposal plan which it launched in 2013. Since then, the portfolio has been made up entirely of retail assets. With a total surface area of 89,600 m 2 at the end of 2022, it was valued at €244.9 million. After the takeover of M.R.M. by Dynamique Bureaux and its conversion into a listed real-estate investment company in the second half of 2007, the Group’s asset portfolio was built up in three phases: A merger contribution by Dynamique Bureaux appraised at €162 million excluding transfer taxes as of 31 August 2007. The portfolio then contained nine office property assets representing a total area of 53,650 m 2 . The transaction was approved by M.R.M.’s Combined General meeting of 12 December 2007, retroactive to 1 September 2007. • Contribution of Commerces Rendement to M.R.M. A contribution by Commerces Rendement appraised at €143 million excluding transfer taxes as of 31 August 2007. There were 19 retail properties in the portfolio for a total area of 75,582 m 2 . The transaction was approved by M.R.M.’s Combined General meeting of 12 December 2007. Phase 1. Building the portfolio • Dynamique Bureaux/M.R.M. merger

• the search for proximity: even though e-commerce sales have never been higher, the defence of small retailers and the search for proximity or social ties with local retailers has never been stronger; • ecological awareness: 2022 also saw a new impetus to the different consumer aspirations for responsible behaviour, namely to save our planet by limiting the effects of global warming and by consuming responsibly; • discounters: brands offering good value for money are popular with consumers. At M.R.M., over the 2016-2022 period, the share of discount retailers increased from 10% to 17% of the rental base (24% excluding the effect of the acquisitions made in 2022). M.R.M. intends to continue to work on these trends in the coming years. • Acquisitions carried out by M.R.M. Acquisitions from 1 September to 31 December 2007: office buildings in September and October for €65.5 million, retail properties in September for €3.8 million and mixed office and retail space in November and December for €80.4 million (all excluding transfer taxes). Acquisitions in 2008: an office building in April for €6 million and retail properties (two garden centres and five restaurants) in May and July for €11.3 million (all excluding transfer taxes). Acquisition in 2010: a 1,000 m 2 retail unit. Phase 2. Disposals as part of an adjustment plan Over the 2009-2012 period, as part of an adjustment plan including a major asset disposal programme, M.R.M. made the following disposals: In 2009, three retail properties were sold for a total of €22.7 million excluding transfer taxes. In 2010, the premises of four Pizza Hut restaurants in the Paris region, two retail assets (one in Brétigny-sur-Orge and the other in Angoulême), three office properties (located in Nanterre, Clichy-la-Garenne and Levallois-Perret) and the Marques Avenue A6 outlet centre in Corbeil-Essonnes were sold for a total of €151 million excluding transfer taxes. In 2011, five retail assets (in Barjouville, Moulin-les-Metz, Vineuil and two in Chambray-les-Tours) and three office properties (in Boulogne-Billancourt, Rueil-Malmaison and Puteaux) were sold for a total of €55.3 million excluding transfer taxes.

1.5.4 M.R.M.’s asset portfolio as of 31 December 2022

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M.R.M. 2022 UNIVERSAL REGISTRATION DOCUMENT