PRESS RELEASE

Free translation, the Dutch version prevails

Thursday 24 June 2021

CARE PROPERTY INVEST

Public limited liability company (société anonyme/naamloze vennootschap), Public Regulated Real Estate Company (Société Immobilière Réglementée (SIR) / Gereglementeerde Vastgoedvennootschap (GVV)) under Belgian Law Registered Office: 3 Horstebaan, 2900 Schoten Companies Registration No. 0456.378.070 (LPR Antwerp)

(the "Company")

Care Property Invest raises €32.5 million through the issuance of Sustainability Bonds via a Private Placement

Schoten, Belgium – Thursday 24 June 2021

Care Property Invest has successfully completed its first debt capital markets transaction by means of a €32.5 million Sustainability Bonds Private Placement. The notes have a maturity of 10 years, with coupons of 2.05%, which means that Care Property Invest is able to further extend its average debt maturity at a financing cost similar to its current average. The bond was placed with an institutional investor, belonging to an international insurance group. With this transaction Care Property Invest secured financing to cover its existing commitments and planned capex for the next 12 months.

This issuance confirms Care Property Invest's commitment to sustainable development and further strengthening of its ESG strategy. The Sustainability Bonds are issued under the newly established Sustainable Finance Framework of Care Property Invest, on which Care Property Invest obtained a positive Second Party Opinion provided by Sustainalytics. It is also confirmed that the principles of this financing program are in line with the ICMA Green Bond Principles.

The net proceeds from these bonds will be used exclusively to finance or refinance eligible sustainable assets as included in the Care Property Invest Sustainable Finance Framework. The assets provide direct environmental and social profit benefits and are required to meet the eligible criteria reported in the Sustainable Finance Framework, mapped on the project categories of the ICMA Green – and Social Bond Principles, the EU Environmental Objectives as well as the UN Sustainable Development Goals (SDGs).

The allocation is expected at issuance or 6 months afterwards at the latest and will be reported on in the 2021 Sustainability report which will contain the amount allocated, a breakdown on categories of eligible assets and a breakdown by country and a breakdown between financing and refinancing of eligible assets.

The bond will be listed on Euronext Growth Brussels and added to the Euronext ESG Bond Initiative.

Care Property Invest's Sustainable Finance Framework is consistent with amongst others the guidelines of the Green Bond Principles (ICMA, 2018), Social Bond Principles (ICMA, 2020) and the Sustainability Bond Guidelines (2018).

Filip Van Zeebroeck, CFO of Care Property Invest;

'This issuance of a first sustainability bond represents a true milestone in the financing strategy as well as the sustainability strategy of Care Property Invest as it shows that Care Property Invest can build on its risk-averse, rock-solid credit profile, which is highly appreciated by institutional investors. This inaugural transaction shows that Care Property Invest can tap into the bond market as part of its financing strategy and the diversification of financial debt. Care Property Invest will build on this transaction and seize opportunities in the bond market in the future to finance the growth of its portfolio. On top of that it underscores the importance of the sustainability trajectory of Care Property Invest set about in 2019 with its first sustainability report and the latest, extended sustainability report issued only 2 days ago. The efforts made on the reporting and, more in general, Care Property Invest 's commitment to ESG as part of its overall strategy are once more underscored. We would like to thank everybody involved in this successful transaction.'

ABN AMRO deal team (David de Weerd & Dick Schotman);

'This milestone transaction marks the first sustainable bond issued by Care Property Invest. Raising long-term institutional financing as an inaugural issuer underlines the Company's strong credit profile and dedication to sustainability. The funding diversification will further add to the Company's already impressive growth story. We are happy to have been part of this transaction as Arranger and Sustainability Bond Structuring Advisor and are looking forward to further support Care Property Invest on its mission as a European investor in healthcare real estate!'

• • • All further information regarding the Company can be found on our website. Here we will keep you informed on a dedicated page about the (possible) impact of the COVID-19 pandemic on the business activities of Care Property Invest.

Caution regarding forecasts

This press release contains forecasts involving risks and uncertainties, amongst others statements regarding plans, objectives, expectations and intentions of Care Property Invest. Readers are cautioned that such forecasts involve known and unknown risks and are subject to significant business, economic and competitive uncertainties which are mostly beyond Care Property Invest's control. If one or more of these risks or uncertainties materialise or should, if applied, basic assumptions prove incorrect, the final results may significantly deviate from the anticipated, expected, estimated or projected results. Consequently, Care Property Invest cannot assume any responsibility for the accuracy of these forecasts.

For any additional information, please contact:

Filip Van Zeebroeck CFO –Executive director [email protected] T +32 3 222 94 94 - M +32 494 91 10 93 Horstebaan 3 2900 Schoten [email protected] www.carepropertyinvest.be

Erik Reyns

Consolidation & Reporting Manager [email protected] T +32 3 222 94 94 - M +32 474 98 71 17 Horstebaan 3, 2900 Schoten [email protected] www.carepropertyinvest.be

Peter Van Heukelom CEO– Executive director [email protected] T +32 3 222 94 94 - F +32 3 222 94 95 - M +32 495 59 82 67 Horstebaan 3, 2900 Schoten [email protected] www.carepropertyinvest.be

About Care Property Invest

Care Property Invest NV/SA is a Public Regulated Real Estate Company (public RREC) under Belgian law. The Company has been listed on Euronext Brussels for over 25 years and invests in high quality healthcare real estate for elderly and disabled people on the European market. Care Property Invest purchases, builds and renovates high-quality healthcare real estate (residential care centres, groups of assisted living apartments, residential complexes for people with a disability, etc.), fully tailored to the needs of the end user and then makes it available to solid healthcare operators on the basis of a long-term contract.

The Company has developed an international portfolio of 128 healthcare projects, spread across Belgium, The Netherlands and Spain.

The market capitalisation of Care Property Invest amounted to approximately €699 million on 23/06/2021. The Company aims to create a stable share for its shareholders with a low risk profile and a stable and steadily growing dividend.

Ticker:	CPINV
ISIN Code:	BE0974273055
Index listings:	• Belgium BEL Mid (Euronext Brussels) • Euronext Real Estate (Euronext Brussels) • GPR (Global Property Research) General Europe Index • GPR (Global Property Research) General Europe Quoted Index (excl. open-end bank funds)
EPRA	EPRA member since December 2016. In September 2020, the Company received its fourth EPRA BPR Gold Award.
Website	All further information can be found on our website, www.carepropertyinvest.be.

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