MRM // 2022 Universal Registration Document

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Information on M.R.M.’s activities

Significant changes in the financial or commercial position

Located in Flins (Yvelines) and Ollioules (Var), these are two high-performance assets, combining yield and value enhancement potential. As both have a Carrefour hypermarket as a food anchor store, they are reference centres in their catchment areas. Their integration represents a real change in dimension for M.R.M.. The value of its portfolio has indeed increased by more than 50% and its net annualised rents

by more than 60%, which opens up new prospects. The transaction was financed for €50 million by two share capital increases subscribed by SCOR SE and Altarea for €25 million each. The balance of the transaction was financed by the establishment of a bank loan of €42 million. This structure enabled M.R.M. to maintain a controlled level of debt, below 44%.

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M.R.M. 2022 UNIVERSAL REGISTRATION DOCUMENT