NEXITY : Webcast presentation 9M 2020 business activity and revenue

9M 2020 Business activity and revenue

WEBCAST

28 OCTOBER 2020

Disclaimer

The information contained in this document has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. Neither the Company, nor its shareholders, nor their advisors or representatives, nor any other person shall have any liability whatsoever for any loss arising from any use of this document or its contents or otherwise arising in connection with this document.

This document does not constitute an offer to sell or an invitation or solicitation of an offer to subscribe for or purchase any securities, and this shall not form the basis for or be used for any such offer or invitation or other contract or engagement in any jurisdiction.

The information, assumptions and estimates that the Company could reasonably use to determine its targets are subject to change or modification, notably due to economic, financial and competitive uncertainties. Furthermore, it is possible that some of the risks described in Chapter 2 of the Universal Registration Document filed with the AMF under number D.20-0280 on 9 April 2020, as modified by an amendment filed with the AMF on 28 April 2020, could have an impact on the Group's operations and the Company's ability to achieve its targets. Accordingly, the Company cannot give any assurance as to whether it will achieve its stated targets, and makes no commitment or undertaking to update or otherwise revise this information;

No assurance is given as to the fairness, accuracy, completeness or correctness of the information or opinions contained in this document.

All financial figures are presented according to IFRS with joint ventures proportionately consolidated.

Nexity / Webcast - 28 October 2020	2

9M 2020 business activity and revenue

Residential Real

Estate

Services to individuals

Commercial real

Estate

Other KPIs

Revenue

Nexity / Webcast - 28 October 2020

New home reservations in France

• 13,635 units (-3% compared to 9M 2019)
• €2,948m (+4% compared to 9M 2019)

Property Management for individuals

• Low churn rate: -0.7%

Serviced residences

• Seniors (Domitys): 10 openings (110 residences)
• Students (Studéa): 124 residences

Order intake: €230m

Stability of the development pipeline (backlog + land under options) compared to end-2019 > €20bn

€2,737m ; -2% compared to 9M 2019

3

INDIVIDUAL CLIENTS

Residential Real Estate

A market still undersupplied but impacted by the crisis

(in units)	~ -25%

					153,500	168,900	163,800	164,900
121,100				125,400					~ 125,000
	105,900	108,600	107,300
2011	2012	2013	2014	2015	2016	2017	2018	2019	2020e
				Retail sales	Bulk sales

• Sharp drop in building permits (-10%over 1 year*) and housing starts (-6%over 1 year*) in a context of municipal elections and health crisis
• Gradual resumption of the issuance of building permits expected from 2021

Sources: Commissariat Général au Développement Durable (Base Sit@del2) for retail sales- Fédération des Promoteurs Immobiliers for bulk sales- Nexity estimation for 2020 * At end September 2020

Demographics

Support of institutional investors

Economic situation of the construction industry

Decrase in building permits amplified by the lockdown

No announcement about an extension of tax incentives in supply-constrained areas

Tightening of credit conditions more marked among the most risky borrowers (first-time buyers in particular)

Taxation on housing

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