Retail Estates : Convocation Annual General Shareholders’ Meeting

PRESS RELEASE

Regulated information

Ternat, 21 June 2023, 7.45 am

CONVOCATION ANNUAL GENERAL SHAREHOLDERS' MEETING

CONVOCATION ANNUAL GENERAL SHAREHOLDERS' MEETING

This morning, Retail Estates publishes the convocation for the annual general shareholders' meeting for the financial year that ended on 31 March 2023. The shareholders, bondholders, directors and statutory auditor of Retail Estates NV are invited to the annual general shareholders' meeting on Monday 24 July 2023 at 10 am at the registered office of the company at 1740 Ternat, Industrielaan 6.

The convocation for the annual general shareholders' meeting is available on the company's website.

The documents made available to the securityholders following the publication of the convocation for the annual general shareholders' meeting, including the annual financial report 2022-2023, are also available online at the above mentioned address.

ABOUT RETAIL ESTATES NV

The Belgian public real estate investment trust Retail Estates nv is a niche player specialised in making in out-of-town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users. Real Estates NV acquires these real properties from third parties or builds and commercialises retail buildings for its own account. The buildings have useful areas ranging between 500m² and 3,000m². A typical retail building has an average area of 1,000 m² in Belgium and 1,500 m² in the Netherlands.

As of 31 March 2023, Retail Estates nv has 1,013 properties in its portfolio with a total retail area of 1,211,004 m², spread over Belgium and the Netherlands. The occupancy rate of the portfolio was 98.08% on 31 March 2023, compared to 97.83% on 31 March 2022.

The fair value of the consolidated real estate portfolio of Retail Estates NV on 31 March 2023 is estimated at € 1,888.56 million by independent real estate experts.

Retail Estates NV is listed on Euronext Brussels and Euronext Amsterdam and is registered as a public regulated real estate company.

FORWARD-LOOKING STATEMENTS

This press release contains a number of forward-looking statements. Such statements are subject to risks and uncertainties which may lead to actual results being materially different from the results which might be assumed in this press release on the basis of such forward- looking statements. Major factors that may influence these results include changes in the economic situation, commercial, tax-related and environmental factors.

Ternat, 21 June 2023

Jan De Nys, CEO of Retail Estates nv

For more information, please contact:

Retail Estates nv, Jan De Nys - CEO, tel. [phone]

Retail Estates nv, Kara De Smet - CFO, tel. [phone]