ICADE: combined General Meeting of April 23, 2021 to be held behind closed doors

PRESS RELEASE

Paris, March 19, 2021, 7:30 a.m.

ICADE: COMBINED GENERAL MEETING OF APRIL 23, 2021

TO BE HELD BEHIND CLOSED DOORS

Amid the Covid-19 health crisis and in order to protect the Company's shareholders, the Board of Directors, at its meeting held on March 12, 2021, decided to hold the Combined General Meeting of April 23, 2021 at 9.30 a.m. behind closed doors, outside the physical presence of shareholders and other persons entitled to attend.

Given the number of people usually present at the General Meeting, the Company does not have a room that would allow it to comply with the health measures provided for by Decree No. 2020-1310 of October 29, 2020 to deal with the Covid-19 pandemic.

This decision was taken in accordance with Ordinance No. 2020-321 of March 25, 2020, as extended and amended.

The notice of General Meeting, including the agenda, the draft resolutions submitted for approval of the General Meeting and how to participate in and vote at the General Meeting, will be published today, March 19, 2021, in the French Official Journal of Mandatory Legal

Notices "BALO".

The notice to attend will be published on April 2, 2021 in the French Official Journal of Mandatory Legal Notices "BALO" and in an official gazette. These notices will be available on the Company's website:www.icade.fr

How to participate in and watch the General Meeting

As shareholders are unable to attend the General Meeting in person, it should be noted that no admission cards will be issued.

It is further specified that shareholders will not be able to vote during the General Meeting as it is technically impossible for Icade to identify them.

Shareholders will only be able to exercise their voting rights remotely and prior to the General Meeting being held. They should vote remotely by returning a postal or proxy voting form or casting their vote electronically on the secure VOTACCESS platform.

The General Meeting will be broadcast live via a video webcast available on the Company's website(www.icade.fr)and will also be available for replay within the regulatory timeframe.

Availability of preliminary documents for the General Meeting - Document requests

The preliminary documents for the General Meeting referred to in Article R. 22-10-23 of the French Commercial Code will be published on the Company's website(http://www.icade.fr)no later than 21 days before the Meeting, i.e. from April 2, 2021.

The documents to be presented to the General Meeting in accordance with Articles L. 225-115 and R. 225-83 of the French Commercial Code will be made available on the Company's website from April 2, 2021.

From the date of the notice of meeting, shareholders may ask the Company to send them the documents and information set out in Articles R. 225-81 and R. 225-83 of the French Commercial Code, up to and including the fifth day before the Meeting, by electronic means [e-mail],provided that they indicate in their request the email address to which they may be sent.

In general, shareholders are encouraged to use electronic means to send their requests for information and documents.

Shareholder questions

From the time the preliminary documents relating to the General Meeting are made available to shareholders, shareholders may address written questions to the Chairman of the Board of Directors of the Company, in accordance with Article R. 225-84 of the French Commercial Code. These written questions should be sent, preferably in electronic form, to the following address:[e-mail] (or sent by registered letter with acknowledgement of receipt to the registered office). They must be accompanied by a share registration certificate, either in a registered securities account or in a bearer securities account held by a bank or financial intermediary. The questions and answers will be posted on the Company's website(www.icade.fr)within the regulatory timeframe.

Separately, the Company will exceptionally put in place an additional way for shareholders to ask questions while the Q&A session is in progress. Information on how to participate will be provided by the Company at a later date.

Scrutineers

Lastly, scrutineers for the General Meeting will be appointed in accordance with applicable regulatory requirements. As such, shareholders among the ten shareholders with the largest number of voting rights of which the Company is aware on the date the General Meeting is convened will be asked to perform these tasks. The identity and status of those appointed will be made public in accordance with regulations.

Shareholders should regularly consult the section dedicated to the General Meeting on the Company's website(https://www.icade.fr/en/finance/shareholders/general-shareholders-meeting), which may be updated to specify any changes in connection with how to participate in this General Meeting depending on health and/or legal imperatives that may arise after the notice of meeting and this press release have been published.

ABOUT ICADE DESIRABLE PLACES TO LIVE

As an office and healthcare property investment company (portfolio worth €14.7bn on a full consolidation basis as of 12/31/2020) and a developer of homes, offices and public amenities (2020 economic revenue of €825m), 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
Anne-Sophie Lanaute	Charlotte Pajaud-Blanchard
Head of Financial Communication and Investor Relations	Press Relations Manager
[phone]	[phone]
[e-mail]	[e-mail]