Qrf

Notice of Dividend Amount • Jun 9, 2023

Qrf Press release | Result of o p tional dividend 1

Result of optional dividend

Press release Regulated information June 9, 2023 - 7.40 AM

result of optional dividend

SHAREHOLDERS OPT FOR 48.5% OF SHARES FOR OPTIONAL DIVIDEND

the shareholders of Qrf opted for 48.5% of their shares to contribute dividend rights in exchange for new shares. this results in a strengthening of Qrf's equity (capital and share premium) of Meur 2.06 through the issue of 216,149 new shares. this will bring the total number of Qrf shares to 7,798,886.

the remaining dividend rights will be paid in cash for a net amount of Meur 2.19.

the effective settlement of the dividend will take place as of 9th of June 2023 whereby, depending on the choice of the shareholders, (i) the new shares issued in exchange for the contribution of dividend rights will be delivered, (ii) the payment of the dividend in cash will take place, or (iii) a combination of both aforementioned payment modalities will take place.

this transaction will strengthen the company and the funds will be used to support the current strategy.

PUBLICATION IN ACCORDANCE WITH ARTICLE 15 OF THE LAW OF 2 MAY 2007

upon completion of this capital increase and the issuance of 216,149 new shares at a total issue price of eur 2,057,738.48 (i.e. eur 216,149.00 capital and eur 1,841,589.48 issue premium), Qrf's capital will amount to eur 7,798,886.00 as of 9th of June 2023

as of that date, the capital will be represented by 7,798,886 fully paid-up ordinary shares. there are no preference shares and each of these shares carries one voting right at the General Meeting. these shares represent the denominator for notifications in the context of the transparency regulations.

Caution about predictions

This press release contains forward-looking statements that involve risks and uncertainties, including statements about Qrf's plans, objectives, expectations and intentions. Readers are cautioned that such forward-looking statements involve known and unknown risks and are subject to significant business, economic and competitive uncertainties, many of which are beyond Qrf's control. If one or more of these risks or uncertainties should arise or if the basic assumptions used prove incorrect, the final results may deviate significantly from the predetermined expected, estimated or extrapolated results. As a result, Qrf does not assume any responsibility for the accuracy of these forecasts..

For more information:

William Vanmoerkerke CEO william.vanmoerkerke@qrf.be Arthur Lesaffre CFO arthur.lesaffre@qrf.be

About Qrf:

Qrf is a listed Belgian REIT (BE-REIT) specializing in the niche market of inner-city properties in Belgium and the Netherlands. More specifically, the company focuses on the acquisition, development and leasing of retail, leasure and hotel real estate. On 31 March 2023, the portfolio consists of 34 shopping sites with a total Fair Value of MEUR 233. Qrf has been listed on Euronext Brussels (QRF:BB) since December 2013. On March 31, 2023, the market capitalization is MEUR 80.

www.qrf.be