Intervest Offices & Warehouses NV

Board/Management Information • Feb 11, 2021

Intervest appoints new chief financial officer

PRESS RELEASE

Embargo until 11.02.2021, 5.55 p.m. Antwerp, 11 February 2021

Regulated information

Vincent Macharis will enrich the management board with extensive experience in finance & administration management

The supervisory board of Intervest Offices & Warehouses nv (hereinafter Intervest), public regulated real estate company active in the office segment and logistics real estate, has appointed Vincent Macharis as new chief financial officer, subject to the suspensive condition of approval by the FSMA.

Vincent Macharis has been active in several sectors and companies. He brings along a wide experience in the field of finance & administration in various listed and non-listed companies, including in real estate.

"I am happy to be part of Team Intervest. Helping companies grow and bringing opportunities to fruition within a team are two challenges that provide me with a great deal of energy, which is exactly what I can help to achieve at Intervest. Vincent Macharis

PRESS RELEASE

Intervest appoints new chief financial officer

"We are extremely enthusiastic about Vincent's arrival as a member of the management board. I am confident that he will show strong leadership in the financial field to create further value in our real estate portfolio, as set out in our #connect2022 strategy. His education and wide experience in several sectors and companies will certainly contribute to this.

Gunther Gielen, ceo Intervest Offices & Warehouses

Vincent Macharis takes over from Inge Tas, whose departure was announced earlier in 2020¹ . Inge Tas' mandate as cfo ends on 12 February 2021. To ensure a smooth transition, she will continue to work part-time at Intervest as interim manager until Vincent Macharis is fully operational. The supervisory board thanks Inge Tas for her many years of dedication and her important contribution to the development of Intervest.

As at 10 March 2021, Vincent Macharis will join the Intervest management board, which will then consist of the following members: Gunther Gielen (ceo), Vincent Macharis (cfo), Joël Gorsele (cio) and Kevin De Greef (sgc). This immediately marks the start of a new team that is eager to realise the #connect2022 strategy and to create value as a team for all stakeholders.

1 See press release dated 29 September 2020 - Intervest Offices & Warehouses and Inge Tas, chief financial officer, are ending their cooperation.

Intervest Offices & Warehouses nv, (hereinafter Intervest), is a public regulated real estate company (RREC) founded in 1996 of which the shares are listed on Euronext Brussels (INTO) as from 1999. Intervest invests in high-quality Belgian office buildings and logistics properties that are leased to first-class tenants. The properties in which Intervest invests, consist primarily of up-to-date buildings that are strategically located in the city centre and outside municipal centres. The offices of the real estate portfolio are situated in and around centre cities with a large student population such as Antwerp, Mechelen, Brussels and Leuven; the logistics properties are located on the Antwerp - Brussels - Nivelles, Antwerp - Limburg - Liège, and Antwerp - Ghent - Lille axes and concentrated in the Netherlands on the Moerdijk - 's-Hertogenbosch - Nijmegen, Rotterdam - Gorinchem - Nijmegen and Bergen-op-zoom - Eindhoven - Venlo axes. Intervest distinguishes itself when leasing space by offering more than square metres only. The company goes beyond real estate by offering 'turn-key solutions' (a tailor-made global solution for and with the customer), extensive services provisioning, co-working and serviced offices.

For more information, please contact Intervest Offices & Warehouses nv, public regulated real estate company under Belgian law, Gunther Gielen - ceo, T. + 32 3 287 67 87. https://www.intervest.be/en