Amura, Avante and Izar (Valencia)

Results

FY2021

February 25th, 2022

Disclaimer

This Presentation neither constitutes nor forms part of any offer for sale or invitation to purchase or subscribe for, or request for an offer of purchase or subscription, of the shares belonging to Metrovacesa, SA ("Metrovacesa"). This Presentation, as well as the information included therein, neither constitutes nor forms part of (i) any contract or commitment of purchase or subscription of shares in accordance with the Securities Market Law, or (ii) an offer of purchase, sale or exchange of shares, or a solicitation of any type of voting rights in the jurisdiction of Spain, UK, USA or any other. "Presentation" refers to this document and any part or content of this document; any oral presentation, brainstorming session and written or audio material processed or distributed during the meeting related to the Presentation or in any way associated with the Presentation. 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2.

Agenda

Table of Contents

1. Highlights

2. Business Update

3. Financial Overview

4. Strategy & Outlook

Appendices

Today's Presenters

Jorge Pérez de Leza

Borja Tejada

Juan Carlos Calvo

CEO

CFO

Strategy & IR

3.

Mirador de Montserrat (Manresa, Barcelona)

1. Highlights

Highlights

2021: a year above expectations

A leap change in MVC's development activity

Residential deliveries

Key operational

metrics already at

up 171% YoY

c.2,000-unit p.a.

In 2021

vs 2020

Deliveries

1,627 units

2.7x

Pre-sales

2,093 units

2.0x

Construction starts

2,077 units

2.0x

Land sales

€42.9m

2.7x

Strong cashflow becoming very visible

Exceeding

Two dividends

cashflow guidance

paid in 2021:

for the year

€121m and 13% yield

In 2021

Net Profit

€18.5m

neg. in 2020

Op. Cashflow

€176.5m

6.2x vs 2020

Dividend paid

€121m

13% yield (1)

Notes:

5.

(1) Calculated on the stock price at the begining of the year 2021 (€6.04) and the dividend distributions made in 2021: €0.40 p.s. in May and €0.3955 p.s. in December

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Metrovacesa SA published this content on 25 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2022 06:41:08 UTC.