PRESS RELEASE

Paris, January 26, 2021

2020 BBCA RANKING: ICADE AMONG THE TOP 3 LOW-CARBON DEVELOPERS IN FRANCE

In the recently released 2020 BBCA Ranking of the French companies most committed to low-carbon construction, Icade has made it into the top 3 in four different categories: number of projects started in 2020, projects started in 2020 in sq.m, number of projects started since 2016 and total projects started since 2016 in sq.m.

Olivier Wigniolle, CEO of Icade: "We are proud of this achievement. Icade has been committed to low-carbon construction for the past 15 years, and even much more so since 2015. This priority is part of the Corporate Purpose* approved in 2020. This recognition reflects the hard work of our teams as well as their expertise in low-carbon construction."

Icade will set out its Low Carbon by Icade strategy in detail at a press briefing to be held on February 2.

*Designing, Building, Managing and Investing in cities, neighbourhoods and buildings that are innovative, diverse, inclusive and connected with a reduced carbon footprint. Desirable places to live and work.

This is our ambition. This is our goal. This is our Purpose.

ABOUT ICADE

DESIRABLE PLACES TO LIVE

As an office and healthcare property investment company (portfolio worth €14.4bn on a full consolidation basis as of 06/30/2020) and a developer of homes, offices and public amenities (2019 economic revenue of nearly €1bn), Icade designs, builds, manages and invests in cities, neighbourhoods and buildings that are innovative, diverse, inclusive and connected with a reduced carbon footprint. Desirable places to live and work. In collaboration with its stakeholders, Icade has made low carbon a strategic priority in order to reinvent real estate and create cities that are healthier, happier and more hospitable. Icade is a key player in Greater Paris and major French cities. It is listed as a "SIIC" on Euronext Paris and its leading shareholder is the Caisse des Dépôts group. The text of this press release is available on the Icade website:www.icade.fr/en/

CONTACTS

Charlotte Pajaud-Blanchard,Press Relations Manager +33 (0)1 41 57 71 19

Anne-Sophie Lanaute,

Head of Financial Communication and Investor Relations +33 (0)1 41 57 70 29

charlotte.pajaud-blanchard@icade.fr

anne-sophie.lanaute@icade.fr

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Disclaimer

Icade SA published this content on 26 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2021 17:55:03 UTC