MRM // 2022 Universal Registration Document

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Information on M.R.M.’s activities

Significant changes in the financial or commercial position

Human resources

1.8

Following the recapitalisation of M.R.M. in 2013, the Company brought executive management and financial management back in-house as of 1 August 2013. Prior to this, the Company had no employees. In 2015, the management of its property assets was reorganised and the Company appointed an in-house Head of asset management. The Company currently has four employees who are all based at the registered office at 5, avenue Kléber, Paris (16 th arrondissement ). The Company’s Chief Executive Officer is a remunerated corporate officer (see Section 2.2.1 “Remuneration of the Chief Executive Officer” of the report on corporate governance in Section 4.1 of this Universal Registration Document).

Since 2019, M.R.M. has set up free share allocation plans for its employees. Information on these free share allocation plans can be found in Paragraph 3.3 “Employee share ownership” of Section 3.6 “Management report for the financial year ended 31 December 2022” of this Universal Registration Document. Currently, no employees of the Company or its subsidiaries are in receipt of stock options. Nor is there currently any agreement providing for an employee shareholding scheme. Lastly, the Company’s social policy is discussed in Part 4 “Social Pillar” of the Statement of Non-Financial Performance, inserted in Chapter 5 of this Universal Registration Document.

Research and development

1.9

Due to the nature of its business as a real-estate investment company, M.R.M. has no research and development policy. It has registered the domain name “www.mrminvest.com”.

The Company does not consider that its business or profit capacity is in any way dependent on any particular brand, patent or licence.

1.10 Environmental policy

The Company’s environmental policy is fully discussed in the Statement of Non-Financial Performance included in Chapter 5

of this Universal Registration Document.

1.11 Significant changes in the financial or commercial position

2022 was marked by the structuring acquisition of the two shopping centres in Flins and Ollioules (see Section 1.2 of this Universal Registration Document). These two shopping centres have been included in the portfolio and consolidated in the financial statements of M.R.M. since 16 November 2022.

Having strengthened and restored its financial position since the recapitalisation operation in 2013, and in line with the direction taken since the SCOR group entered the Company’s share capital, M.R.M. has refocused its strategy on the holding and management of retail properties. M.R.M. completed this process in 2019 and has been a pure retail company ever since.

M.R.M. 2022 UNIVERSAL REGISTRATION DOCUMENT

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