PRESS RELEASE

Paris, June 15, 2021

ICADE CHOSEN TO ASSIST IN THE REFURBISHMENT OF TWO MAJOR HOSPITAL SITES,

FURTHER SHOWCASING THE EXPERTISE AND INNOVATIVE CAPACITY

OF ITS HEALTHCARE PROJECT MANAGEMENT SUPPORT TEAMS

Icade Promotion has been awarded a Project Management Support contract to help refurbish the site of the C.A.S.H. Centre (hospital accommodation and care centre) in Nanterre (Hauts-de-Seine). Icade Promotion has also been chosen to assist the Rance-Emeraude public hospital group with the real estate project to reorganise all its hospitals and medical-social facilities in Dinan (Côtes-d'Armor), Cancale (Ille-et-Vilaine) and Saint-Malo(Ille-et-Vilaine).

Refurbishment to accommodate all the services of the C.A.S.H. Centre (hospital accommodation and care centre) in Nanterre (Hauts-de-Seine)

This Project Management Support contract is intended to assist Nanterre's C.A.S.H. Centre with its €180m refurbishment project, which will include a new mental health centre and the construction of additional medical space.

This refurbishment is part of "Hôpital et territoire, promoteurs de santé" (Bringing hospitals and local health and social care closer together). The Regional Health Agency (ARS) for the Paris region has selected the C.A.S.H. centre in Nanterre to carry out this pilot project, which aims at promoting local healthcare and breaking down barriers between primary care, hospital care and medical-social care.

Yet another success after the Nanterre Partagée project

In 2019, Icade had also been awarded a contract alongside Crédit Agricole Immobilier and Novaxia for the urban development of the southern part of the site of the C.A.S.H. centre as part of the "Inventing the Greater Paris

Metropolis 2" call for projects. This 29,000-sq.m project will ultimately comprise 260 housing units, residences, a collaborative café and a Montessori school. Thanks to its mixed-use concept, it will help better integrate the hospital into its surroundings and provide residents with a new experience.

Reorganisation of all of the Rance-Emeraude regional hospital group's (GHT) hospitals and medical-

social facilities

The Rance-Emeraude regional hospital group (GHT), which includes the hospitals in Cancale, Saint-Malo and Dinan, has awarded Icade a Project Management Support contract to assist it with the reorganisation of all its hospitals and medical-social facilities, representing an overall investment estimated at roughly €400m.

"These further successes for Icade's Project Management Support and Healthcare Expertise teams have consolidated our position as a leading, innovative player supporting public-sector project owners with their projects involving healthcare real estate, declared Emmanuel Desmaizières, CEO of Icade Promotion. They also perfectly illustrate the Icade Group's expertise in helping healthcare providers design and build the hospitals of tomorrow-ones that are integrated into diverse, inclusive and innovative neighbourhoods."

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

Charlotte Pajaud-Blanchard,Press Relations Manager +33 (0)1 41 57 71 19 charlotte.pajaud-blanchard@icade.fr

Anne-Sophie Lanaute

Head of Financial Communication and Investor Relations +33 (0)1 41 57 70 29 anne-sophie.lanaute@icade.fr

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Icade SA published this content on 15 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2021 16:17:08 UTC.