Retail Estates sa

Pre-Annual General Meeting Information • Apr 12, 2022

PRESS RELEASE

Regulated information Ternat, 12 April 2022 – before opening of markets

CONVOCATION EXTRAORDINARY GENERAL MEETING

CONVOCATION EXTRAORDINARY GENERAL MEETING

This morning, Retail Estates publishes the invitation to the extraordinary general meeting. The shareholders, bondholders, directors and statutory auditor of Retail Estates NV are invited to the extraordinary general meeting on Thursday 12 May 2022 at 11 am at Berquin notarissen, Lloyd Georgelaan 11, 1000 Brussel. Should the attendance quorum not be reached, a second extraordinary general meeting shall take place at the registered office of the company (1740 Ternat, Industrielaan 6) on Wednesday 1 June 2022 at 3 pm.

All documents related to this extraordinary general meeting are available on the company's website.

ABOUT RETAIL ESTATES NV

The Belgian public real estate investment trust Retail Estates nv is a niche player specialised in making in out-of-town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users. Real Estates NV acquires these real properties from third parties or builds and commercialises retail buildings for its own account. The buildings have useful areas ranging between 500m² and 3,000m². A typical retail building has an average area of 1,000 m².

As of 31 December 2021, Retail Estates nv has 1,003 premises in its portfolio with a total retail area of 1,192,645m², spread over Belgium and the Netherlands. The occupancy rate of the portfolio was 97.71% on 31 December 2021, compared to 97.07% on 31 March 2021. The fair value of the consolidated real estate portfolio of Retail Estates nv as at 31 March 2021 is estimated at EUR 1,755.52 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 forwardlooking statements. Major factors that may influence these results include changes in the economic situation, commercial, tax-related and environmental factors.

Ternat, 12 April 2022

Jan De Nys, CEO of Retail Estates nv

For more information, please contact:

Retail Estates nv, Jan De Nys – CEO, tel. +32 2/568 10 20 – +32 475/27 84 12 Retail Estates nv, Kara De Smet – CFO, tel. +32 2/568 10 20