Qrf

Proxy Solicitation & Information Statement • Apr 18, 2025

PROXY FORM ANNUAL GENERAL MEETING OF QRF NV OGVV

The Company can be notified of the proxy form in writing by depositing it at the Company's registered office (Veldstraat 88A bus 401, 9000 Gent) or, preferably, sending it via email to info@qrf.be. In the latter case, it is sufficient to provide a scanned or photographed copy of the completed and signed proxy form as an attachment.

The Company must receive the filled out, dated and signed proxy form no later than 14 May 2025.

Shareholders can also additionally use an electronic proxy by using ABN AMRO's platform (www.abnamro.com/evoting). The electronic proxy must be received by ABN AMRO Bank N.V. no later than May 14, 2025.

Proxy forms that arrive late or do not comply with the required formalities will be rejected.

The undersigned, the shareholder

1. Legal entity:

	Company name:………………………………………………………………………………………….
	Legal form: ……………………………………………………………………………………………………………
	Company number: ………………………………………………………………………………………
	Registered office: ……………………………………………………………………………………………………………
	……………………………………………………………………………………………………………
	Duly represented by: ……………………………………………………………………………………………………………
	Residing at: ……………………………………………………………………………………………………………
OR
	2. Natural person: Surname: ……………………………………………………………………………………………………………
	First name: ……………………………………………………………………………………………………………

Address:

	……………………………………………………………………………………………………………
	…………………………………………………………………………………………………….……….

Holder of:

………………………………dematerialised shares

………………………………ordinary registered shares

in

• full ownership
• bare ownership
• usufruct

of the public Regulated Real Estate Company under Belgian law, the limited liability company, "Qrf", with its registered office at Veldstraat 88A bus 401, 9000 Gent, with enterprise number 0537.979.024, hereby appoints as proxy to:

…………………………………………………………………………………(the independent representative)

to represent him/her at the general meeting of Qrf, which is being held on Tuesday 20 May 2025, at 2:00 PM, at Veldstraat 88A bus 401, 9000 Gent and in his/her name to vote or abstain with the totality of the aforementioned shares on all points in the following agenda.

Please indicate your specific voting instructions for each proposed resolution1.

¹ In the absence of clear voting instructions to the proxy holder, the proxy holder will be deemed to be abstained.

Agenda point		Proposal for resolution	AGREE	NOT AGREE	ABSTAIN
1	Acknowledgment and discussion of the annual reports from the sole director, in relation to the statutory and consolidated annual financial statements for the Company, closing on 31 December 2024.	Since it is purely a matter of acknowledgement, no resolution needs to be adopted by the general meeting.
2	Acknowledgment and discussion of the reports from the Auditor in relation to annual financial statements mentioned in agenda point 1.	Since it is purely a matter of acknowledgement, no resolution needs to be adopted by the general meeting.
3	Acknowledgment and discussion of the consolidated annual financial statements for the Company, closing on 31 December 2024.	Since it is purely a matter of acknowledgement, no resolution needs to be adopted by the general meeting.
4	Approval of the statutory annual financial statements for the Company, closing on 31 December 2024.	The general meeting approves the statutory annual financial statements for the Company, closing on 31 December 2024.

Agenda point		Proposal for resolution	AGREE	NOT AGREE	ABSTAIN
5	Approval of the allocation of the profit for the financial year ending 31 December 2024.	The general meeting decides to allocate the profit for the past financial year in the manner proposed by the sole director, by which a gross dividend of 0.84 EUR per share will be paid for 7,798,886 shares entitled to receive dividends.
6	Approval of the remuneration report, which forms a specific part of the statement on sound governance.	The general meeting approves the remuneration report in relation to the financial year ending 31 December 2024.
7	Approval of the remuneration of the sole director for the financial year ending 31 December 2024.	The general meeting approves the calculation of the remuneration of the sole director for the financial year ending 31 December 2024 for an amount of 299,774 EUR. In addition, as stipulated in the articles of association, costs incurred for an amount of 308,348 EUR are reimbursed.
8	Granting of discharge to the sole director, the permanent representative of the sole director and the Auditor.	The general meeting grants, by separate vote, discharge to the sole director, the permanent representative of the sole director and the Auditor regarding the duties performed by them during the financial year ending 31 December 2024.

Agenda point		Proposal for resolution	AGREE	NOT AGREE	ABSTAIN
9	Reappointment of the Company's auditor.	The general meeting appoints KPMG Bedrijfsrevisoren BV/SRL (B00001), Luchthaven Brussel Nationaal 1K at 1930 Zaventem (hereinafter 'KPMG'), as auditor for a term of 3 years, for the audit of the annual accounts of Qrf NV. The mandate will expire after the general meeting held to deliberate on the financial statements for the financial year ending 31 December 2027. KPMG has appointed Mr Filip De Bock (IBR No A01913), company auditor, as permanent representative. The auditor's remuneration for the audit of the statutory and consolidated financial statements is set at EUR 47,000, excluding VAT and contributions payable by KPMG to the Institute of Company Auditors, for the financial year ending 31 December 2025. This fee will be adjusted each year according to the evolution of the health index.
10	Questions from the shareholders to the directors with respect to their reports or the agenda items and questions to the Auditor with respect to his reports.	No voting required.

The Grantor declares to be aware of the fact that after notification of the convocation to participate in the General Meeting one or more shareholders who together own at least 3% of the share capital of the Company, may place new items on the agenda for the meeting or new proposals for decisions with regard to matters included on the agenda or to be included therein.

No later than 5 May 2025 the Company will publish an amended agenda if it has received in a valid manner new items or proposals for decision which must be included in the agenda of the meeting. In that case the Company will provide the shareholders with a new proxy form containing these new items or proposals for decisions and the following rules shall apply:

(a) if this proxy has been validly notified to the Company before publication of the changed agenda of the meeting and the shareholder no new proxy form with voting instructions on the new topics and proposed resolutions on the agenda sent to the Company, this proxy will remain valid for the subjects and the proposed resolutions on the agenda of the meeting originally mentioned in the proxy and that have remained unchanged. For the new to be treated topics and proposed resolutions the proxy holder will abstain;

(b) if no proxy has been validly notified to the Company before the announcement of the changed agenda of the meeting, will only be the new proxy form be eligible to vote on the topics and proposed resolutions on the renewed agenda of the meeting.

This proxy is irrevocable. The shareholders who have granted a valid proxy for the meeting can no longer vote in person or by letter.

Done at …………………………………….……………., on ………/…….…/2025

Signatures: ………………………………………. (*)

(*) Legal entities must indicate the name, first name and position of the persons signing the power of attorney.