ATENOR

Capital/Financing Update • Jun 14, 2023

Press release Regulated information - Inside information

ATENOR COMMUNICATES: IMPLEMENTATION OF APPROPRIATE MEASURES

La Hulpe, 14 June 2023

During the trading update of 17 May 2023, Atenor informed the markets of the implementation of measures intended to address the difficulties faced by real estate markets, especially since March 2023.

Since then, the following measures have been put in place:

• Increase of the existing back-up line from €35 million to €100 million by Belfius in the context of the Commercial Paper programme.
• Firm undertaking in the amount of €62 million of the reference shareholders (3D NV, Luxempart SA and Stéphan Sonneville SA), enabling the company to realise a capital increase, with preferential rights for all shareholders (rights issue) in September/October 2023.
• Entry into a partnership with Besix Red on the WellBe project in Lisbon (see today's press release).
• In addition, Atenor continues its policy of refinancing 'corporate' financing through project financing. Since May 17, credit facilities for €90 million have been granted in this sense.

These measures allow Atenor to focus on its unique position based on both sustainability (GRESB 5*) and an international approach (10 countries) and to make the most of its portfolio of (35) projects, that is diversified and has a high potential.

Atenor is a sustainable real estate development company recognised among the Global Listed Sector Leaders by the GRESB, with pan-European experience and listed on the Euronext Brussels market. Its mission is to respond to the new evolving requirements of urban and professional life using sustainable urban planning and architectural practices. Within this context, Atenor invests in large-scale real estate projects that meet strict criteria in terms of location, economic efficiency and respect for the environment. Atenor is recognised as an international and sustainable urban developer, aligned with European taxonomy and aiming for the highest BREEAM and WELL standards. Reuters: ATE0.BR - Bloomberg: ATEB BB