MRM // 2022 Universal Registration Document

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Information on M.R.M.’s activities

Presentation of the Acquisition Transaction completed in 2022

Flins regional shopping centre Near Mantes-la-Jolie in the Yvelines region, the Flins regional shopping centre is located in an attractive shopping area in the heart of an urban community that is among the largest in France and has a dynamic demographic. The real estate complex, owned jointly with the Carrefour group, is a powerful shopping centre that is a reference in its catchment area, and in which the Carrefour hypermarket is a leader. It has extremely easy access via the A13 motorway. The acquisition by M.R.M. concerns 56 stores covering a surface area of 9,972 m 2 . The site welcomed 3.3 million visitors in 2022 and proved attractive for retailers. The Acquisition Transaction was financed by (i) a bank loan of €42.0 million taken out with a banking pool on 9 November 2022, (ii) a current-account advance from SCOR SE of €42.0 million made on 4 November 2022 and (iii) M.R.M.’s available cash. The financing structure described below enabled M.R.M. to maintain a net LTV ratio below 45%. The Acquisition Transaction took place in three stages: 1. Transfers and disposals by the Altarea group of the Divested Assets to the M.R.M. group The acquisition of the Divested Assets was carried out by: (i) Altarea’s mixed contribution in kind of two properties for the benefit of Retail Flins and Retail Ollioules, two newly formed subsidiaries wholly owned by M.R.M. (the “Altarea Contribution”); and (ii) through the sale by Foncière Altarea of all the shares in two subsidiaries of the Altarea group (Alta Ollioules 1 (1) and Alta Ollioules 2 (2) ) for the benefit of Retail Ollioules (3) (together the “Foncière Altarea Sale”). The acquisition of the Divested Assets was remunerated: (i) with regard to the Altarea Contribution: • in new shares issued to Altarea: – by Retail Flins for a total amount of €12,579,880 (corresponding to a nominal value of €1,257,988 and a contribution premium of €11,321,892); and – by Retail Ollioules for a total amount of €8,420,120 (corresponding to €842,012 in nominal value and a €7,578,108 contribution premium),

Carrefour Ollioules shopping centre In the Toulon Provence Méditerranée metropolitan area, the largest employment area in the Var Department, the Carrefour Ollioules shopping centre is located in an attractive and dynamic region whose population is significantly increased in high season by tourism. A leader in its catchment area, the shopping centre, owned jointly with Carrefour and other co-owners, benefits from its immediate proximity to the A50 motorway, west of the city of Toulon. The acquisition by M.R.M. concerns 44 stores covering a surface area of 3,125 m 2 . The site welcomed 3.1 million visitors in 2022. • in cash for a total amount of €58,116,829 paid in the form of cash balances by Retail Flins and Retail Ollioules; and (ii) in the case of the Altarea Land Sale, in cash for a total amount of €5,750,620. 2. Contribution by Altarea of its stake in each of the companies Retail Flins and Retail Ollioules to M.R.M. Following the transactions referred to above and carried out on 16 November 2022, Altarea contributed to M.R.M., on the same day, by means of a contribution in kind, all of its Retail Flins and Retail Ollioules shares received as remuneration from the Altarea Contribution (the “Contribution in Kind”) as part of a share capital increase reserved for Altarea for a total amount of €21 million, corresponding to €8,585,040 at par value and a €12,414,960 contribution premium (the “Capital Increase in Kind”). Within the framework of this capital by contribution in kind, the M.R.M. share exchanged was valued at M.R.M.’s EPRA NRV NAV as of 30 June 2022, namely €48.92. The Contribution in Kind and the Capital Increase in Kind were approved by the shareholders of M.R.M. at the Combined General Meeting of 16 November 2022. At the end of the Capital Increase in Kind, whose settlement delivery took place on 18 November 2022, Altarea held 429,252 new shares in M.R.M. representing approximately 16.4% of the share capital and voting rights and SCOR SE more than 50%.

A financing structure that keeps M.R.M.’s net debt under control

(1) Renamed Gallioules 1 after its acquisition. (2) Renamed Gallioules 2 after its acquisition. (3) It is specified that the buildings held by the companies Alta Ollioules 1 and Alta Ollioules 2 are distinct from the building located in Ollioules and subject to the mixed contribution in kind by Altarea.

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M.R.M. 2022 UNIVERSAL REGISTRATION DOCUMENT