PRESS RELEASE Regulatory information Ternat, October 14, 2024, 05.40 PM CET

P U B L I C A T I O N O F A T R A N S P A R E N C Y N O T I F I C A T I O N

(A R T I C L E 1 4 , F I R S T P A R A G R A P H, O F T H E B E L G I A N A C T O F 2 M A Y 2 0 0 7 O N T H E D I S C L O S U R E O F S I G N I F I C A N T P A R T I C I P A T I O N S )

TRANSPARENCY NOTIFICATION

1. SUMMARY OF THE NOTIFICATION

In accordance with the Transparency Act, Retail Estates NV/SA announces the receipt of a transparency notification dated on 3 October 2024 due to a change of control within the BlackRock group.

The notification shows that BlackRock holds 4,52% of the voting rights and equivalent financial instruments in Retail Estates NV. BlackRock thus remains above the participation threshold of 3%.

2. CONTENT OF THE NOTIFICATION

The notification dated 3 October 2024, contains the following information:

1. Reason for the notification

Acquisition or transfer of the control of a company holding a participation in an issuer

2. Notification by

A parent company or controlling person

3. Persons subject to the notification requirement

Naam	Adres (voor juridische entiteiten)
BlackRock, Inc.	50 Hudson Yards, New York, NY, 10001, U.S.A.
BlackRock Advisors (UK) Limited	12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Advisors, LLC	50 Hudson Yards, New York, NY, 10001, U.S.A.
BlackRock Asset Management Canada Limited	161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada
BlackRock Fund Advisors	400 Howard Street, San Francisco, CA, 94105, U.S.A.

BlackRock Institutional Trust Company, National Association	400 Howard Street, San Francisco, CA, 94105, U.S.A.
BlackRock Investment Management (Australia) Limited	Level 37 Chifley Tower, 2 Chifley Square, Sydney NSW 2000, Australia
BlackRock Investment Management (UK) Limited	12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Japan Co., Ltd.	1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo, 100-8217, Japan

4. Date of threshold crossing

1 October 2024

5. Threshold that is crossed (in %)

6. Denominator

14.707.335

7. Notified details

A) Voting rights	Previous notification	After the transaction
Holders of voting rights	# of voting rights	# of voting rights		% of voting rights
		Attached to securities	Apart from securities	Attached to securities	Apart from securities
BlackRock, Inc	0	0		0,00%
BlackRock (Netherlands) B.V.	5.141	0		0,00%
BlackRock Advisors (UK) Limited	142.805	235.546		1,60%
BlackRock Advisors, LLC	12.302	21.094		0,14%
BlackRock Asset Management Canada Limited	12.339	17.907		0,12%
BlackRock Fund Advisors	62.450	137.566		0,94%
BlackRock Institutional Trust Company, National Association	140.838	198.153		1,35%
BlackRock International Limited	5.653	0		0,00%
BlackRock Investment Management (Australia) Limited	6.705	6.912		0,05%
BlackRock Investment Management (UK) Limited	25.271	45.261		0,31%
BlackRock Japan Co., Ltd.	517	605		0,00%
Subtotal	414.021	663.043		4,51%
TOTAL		663.043	0	4,51%	0,00%

financial instruments	After the transaction
Holders of assimilated financial instruments	Type of financial instrument	Expiration date	Exercise period or date	# voting rights that can be acquired when exercising the instrument	% voting rights	Settlement
BlackRock Advisors (UK) Limited	Securities Lent			2.438	0,02%
	TOTAL			2.438	0.02%

TOTAL (A & B)	# voting rights	% voting rights
	665.481	4,52%

8. Full chain of controlled companies through which the holding is effectively held

See attachment to this press release.

9. Related information

As a result of the acquisition of Global Infrastructure Partners there has been a change to BlackRock's group Structure. Upon the close of the transaction BlackRock, Inc. was renamed BlackRock Finance, Inc. and a NewCo became the publicly listed company with the name BlackRock, Inc.

The notification can be consulted on the website of Retail Estates NV/SA via this link: https://retailestates.com/en/investors/the-share/shareholding-structure-and-notifications

This press release can be consulted on the website of Retail Estates NV/SA via this link: https://retailestates.com/en/press-publications/press-releases

Attachement

Full chain of controlled undertakings through which the holding is effectively held Name

BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock (Singapore) Holdco Pte. Ltd. BlackRock HK Holdco Limited BlackRock Lux Finco S.a.r.l. BlackRock Japan Holdings GK BlackRock Japan Co., Ltd.

BlackRock, Inc.

BlackRock Finance, Inc.

BlackRock Holdco 2, Inc.

BlackRock Financial Management, Inc.

BlackRock International Holdings, Inc.

BR Jersey International Holdings L.P.

BlackRock Holdco 3, LLC

BlackRock Cayman 1 LP

BlackRock Cayman West Bay Finco Limited

BlackRock Cayman West Bay IV Limited

BlackRock Group Limited

BlackRock Finance Europe Limited

BlackRock Investment Management (UK) Limited

BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Australia Holdco Pty. Ltd. BlackRock Investment Management (Australia) Limited

BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Holdco 4, LLC BlackRock Holdco 6, LLC BlackRock Delaware Holdings Inc. BlackRock Institutional Trust Company, National Association

BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BlackRock Canada Holdings ULC BlackRock Asset Management Canada Limited

BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Capital Holdings, Inc. BlackRock Advisors, LLC

BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited

BlackRock Group Limited BlackRock Finance Europe Limited BlackRock Advisors (UK) Limited

About Retail Estates nv

The Belgian public real estate investment trust Retail Estates NV is a niche player specialised in making out-of town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users. Retail Estates NV acquires these real estate properties from third parties or builds and commercialises retail buildings for its own account. A typical retail building has an average area of 1,000 m² in Belgium and 1,500 m² in the Netherlands.

As of 30 June 2024, Retail Estates nv has 1,018 rental units in its portfolio with a total retail area of 1,226,143 m², spread over Belgium and the Netherlands. The occupancy rate of the entire portfolio was 97.70% on 30 June 2024. The fair value of the consolidated real estate portfolio of Retail Estates NV as at 30 June 2024 is estimated at € 2,031.06 million by independent real estate experts.

Retail Estates NV is listed on Euronext Brussels and Euronext Amsterdam and is registered as a public regulated real estate company.

Forward-looking statements

This press release contains a number of forward-looking statements. Such statements are subject to risks and uncertainties which may lead to actual results being materially different from the results which might be assumed in this press release on the basis of such forward-looking statements. Major factors that may influence these results include changes in the economic situation, commercial, tax-related and environmental factors.

Ternat, October 14, 2024

Jan De Nys, CEO of Retail Estates nv

More information: Jan De Nys, CEO – tel. +32 (0)2 568 10 20 of +32 (0)475 27 84 12 Kara De Smet, CFO – tel. +32 (0)2 568 10 20

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3995_mrq_2024-10-14_361d9ba8-f38b-435c-b000-6d83b7c2903d.pdf