Xior Student Housing

Share Issue/Capital Change • Oct 4, 2022

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.

PRESS RELEASE

Antwerp, Belgium – 4 October 2022 – 15h15 (CET)

Regulated information

Private placement of Xior shares

Reference shareholder Aloxe participates with for 5 MEUR

Share suspended awaiting publication of results

On 15 September 2022, Xior successfully completed the first phase of the Basecamp acquisition resulting in a capital increase of 296,613,756.50 EUR (including share premium). 6,741,221 new Xior shares were issued at an issue price of 44.00 EUR per share. This as compensation for an increase in capital by contributions in kind on behalf of the sellers, namely the funds ST Holding Sàrl and ESHF 2 Holdings Sàrl.

During the first six months, the sellers may only sell these shares through one or more private placements or distribute them to their "long" investors.

Today, a suspension of trading of the Xior share on the regulated market of Euronext Brussels was filed at the request of the sellers in the context of a placement. The sellers wish to place shares amounting to 60 MEUR via an exempted accelerated private placement ("accelerated bookbuild") with composition of an order book with institutional investors ("ABB"). The sellers have issued a press release to announce this placement. The ABB started immediately after the publication of that press release. In connection with this placement, the sellers entered into a lock-up commitment, with customary exceptions, of 60 days for the remaining Xior shares held by them.

Xior's reference shareholder, Aloxe NV, has indicated to participate as a purchaser in this private placement of shares for a total amount of 5 MEUR.

The results of the ABB will be published in a press release expected on or around 5 October 2022, after which trading can be resumed.

For more information, please contact:

Xior Student Housing NV Frankrijklei 64-68 2000 Antwerp, Belgium www.xior.be

Christian Teunissen, CEO Frederik Snauwaert, CFO info@xior.be T +32 3 257 04 89

Xior Investor Relations Sandra Aznar Head of Investor Relations ir@xior.be T +32 3 257 04 89

PRESS RELEASE

²²

Antwerp, Belgium – 4 October 2022 – 15h15 (CET)

Regulated information Inside information

About Xior Student Housing

Xior Student Housing NV is the first Belgian public regulated real estate company (RREC) specialising in the student housing segment in Belgium, the Netherlands, Spain, Portugal, Germany, Poland, Denmark and Sweden. Within this property segment, Xior Student Housing offers a variety of accommodation, ranging from rooms with shared facilities to en-suite rooms and fully equipped studios. Since 2007, as owner-operator, Xior Student Housing has built high-quality, reliable student accommodation for students looking for the ideal place to study, live and relax. A place with that little bit extra, where every student immediately feels at home.

Xior Student Housing has been accredited as a public RREC under Belgian law since 24 November 2015. Xior Student Housing's shares have been listed on Euronext Brussels (XIOR) since 11 December 2015. On 30 June 2022, Xior Student Housing held a property portfolio worth approximately EUR 2.2 billion. With the acquisition of the Basecamp portfolio as of 15 September, the total value increases further by about 900 MEUR. More information is available at www.xior.be.

Xior Student Housing NV, a Public RREC under Belgian law (BE-REIT) Frankrijklei 64-68, 2000 Antwerp, Belgium BE 0547.972.794 (Antwerp Register of Legal Entities, Antwerp Division)

Disclaimer

This press release contains forward-looking information, projections, convictions, opinions and estimates produced by Xior in relation to the expected future performance of Xior and of the market in which it operates ('forward-looking statements'). By nature, forward-looking statements involve inherent risks, uncertainties and assumptions, both general and specific, that appear justified at the time at which they are made but which may or may not turn out to be accurate, and there is a risk that the forward-looking statements will not be realised. Some events are difficult to predict and may depend on factors outside of Xior's control. In addition, the forward-looking statements are only valid on the date of this press release. Statements in this press release relating to past trends or activities may not be interpreted as an indication that such trends or activities will persist in future. Neither Xior nor its representatives, officers or advisers can guarantee that the parameters upon which the forward-looking statements are based are free of errors, nor can they indicate, guarantee or predict whether the expected results set out in such a forward-looking statement will ultimately be achieved. Actual profits, the financial situation and Xior's performance or results may therefore differ substantially from the information projected or implied in forward-looking statements. Xior expressly does not accept any obligations or guarantees as to public updates or reviews of forward-looking statements unless required to do so by law. This press release has been prepared in Dutch and has been translated into English and French. In case of discrepancies between the different versions of this press release, the Dutch version will prevail.