Intervest Offices & Warehouses NV

Board/Management Information • Sep 7, 2020

Intervest Offices & Warehouses welcomes new members in supervisory board and management board

The supervisory board has co-opted Marco Miserez, representative of reference shareholder FPIM/SFPI (including Belfius Group), as a member of the supervisory board, in order to take over, as from 30 July 2020, the mandate vacated by the appointment earlier this year of Gunther Gielen as ceo and chairman of the management board of Intervest Offices & Warehouses nv (hereinafter Intervest), under the suspensive condition of approval by the FSMA, which has in the meantime been obtained. His definitive appointment will be proposed at the next general meeting of Intervest.

After graduating in 2010, Marco Miserez started his career in equity finance. Marco Miserez has a master's in management engineering (ICHEC). Since April 2020, he has worked at Belfius as a senior equity investment manager.

"For the optimal operation of the supervisory board it is important that a reference shareholder is represented. We are consequently very satisfied with the coming of Marco Miserez and the added value he will bring from his education and experience.

Jean-Pierre Blumberg, chairman supervisory board

PRESS RELEASE

Embargo until 07.09.2020, 6 pm Antwerp, 7 September 2020

Regulated information

Further, the supervisory board has approved the appointment of Kevin De Greef as from 31 August 2020 as a member of the management board in the capacity of general counsel & secretary general (sgc), subject to the suspensive condition of approval by the FSMA.

After 10 years in the legal profession within the Real Estate department of DLA Piper among others, Kevin De Greef joined Intervest in 2017 as a legal counsel. Kevin De Greef has among others a master's in modern history (KU Leuven) and in law (VUB) and also has a postgraduate in real estate management (KU Leuven - KULAK).

PRESS RELEASE

Intervest Offices & Warehouses welcomes new members in supervisory board and management board

This appointment is part of the strategic plan #connect2022. With this plan, Intervest has set out the lines for the coming years: realising a carefully thought out growth of 30% of the fair value of the real estate portfolio, improving the quality of the real estate portfolio through asset rotation, realising the entire value chain from purchase (which can also include land purchase) to completion of the property with an in-house dedicated and motivated team and all this with an eye for sustainability with regard to both investment and financing.

As at 31 August 2020, the management board consists of the following three members: Gunther Gielen (ceo), Inge Tas (cfo) and Kevin De Greef (sgc).

" As sgc, Kevin De Greef, with his legal expertise, will ensure a solid legal foundation on the management board and continuity in the roll-out of our strategy #connect2022. In this way we are also pleased to be able to realise our aim of internal growth opportunities for #TeamIntervest.

Gunther Gielen, ceo Intervest

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 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 or Inge Tas - cfo, T. + 32 3 287 67 87. https://www.intervest.be/en