Trastor Real Estate Investment Company

Earnings Release • Sep 30, 2025

Trastor R.E.I.C. 5, Chimarras str. Maroussi GR 151 25 Τ: +30 210 69 10 016, E: info@trastor.gr HCMC License: Ε.Κ. 5/266/14.3.2003 GCR No: 3548801000 T.I.N.: 099554901

Maroussi, 30 September 2025

PRESS RELEASE

TRASTOR REIC Reports Strong H1 2025 Performance, Driven by Strategic Investments, Portfolio Growth and Long-Term Value Creation

TRASTOR REIC announces its consolidated financial results for the first half of 2025, delivering strong revenue growth, higher profitability, and continued execution of its investment strategy. Through selective acquisitions, active asset management, and sustainability-driven upgrades of landmark assets, TRASTOR continues to reinforce its leading position in the Greek prime oǗce and logistics market, one of the most dynamic real estate sectors in Southern Europe.

Strategic Investment Activity

During the first half of the year, TRASTOR strengthened its portfolio with selective acquisitions and value-enhancing upgrade projects:

• Athens CBD acquisitions: Acquired an oǗce building in Ampelokipi and a retail store near Syntagma Square for a total of €9.8M, strengthening its presence in the city's most dynamic commercial hub.
• New development completion: Finalized the construction of a modern oǗce building in Maroussi, with €4.0M invested during the period. Most leasable areas are already let, ensuring immediate revenue contribution.
• Portfolio upgrades: Advanced renovations at landmark oǗce properties on 94 Vasilissis Sofias Avenue and 7 Iraklitou Street in Kolonaki, with €2.1M invested during the period to fully renovate the properties aligned with sustainability and energy-eǗciency standards.

Strong Financial Performance

Active asset management and new investments delivered substantially improved performance, delivering double-digit growth across key metrics compared to H1 2024:

• Rental income amounted to €19.2M, compared to €14.3M in the corresponding period last year, an increase of 34.5%.
• Adjusted EBITDA rose to €13.1M from €9.3M, representing an increase of 41.8%.
• Earnings from operating activities (EPRA Earnings) reached €3.2M, compared to €0.7M in the prior-year period, marking an increase of 374.2%.
• Investment properties grew to €697.3M, compared to €670.5M in the first half of 2024.
• Total assets amounted to €733.0M, compared to €730.4M.
• Total equity stood at €390.8M, compared to €385.3M.
• The Loan-to-Value (LTV) ratio improved to 47.1%, compared to 49.3% in the previous year.
• The Net Asset Value per Share (NAV/Share) increased to €1.597, compared to €1.575.

Trastor R.E.I.C. 5, Chimarras str. Maroussi GR 151 25 Τ: +30 210 69 10 016, E: info@trastor.gr HCMC License: Ε.Κ. 5/266/14.3.2003 GCR No: 3548801000 T.I.N.: 099554901

Post-Period Highlights & Outlook

Post 30 June 2025, TRASTOR strengthened its portfolio with the completion of one acquisition, and continues towards delivering significant growth by year-end:

• New oǗce acquisition: In July, the Company completed the acquisition of a fully let modern oǗce building in central Athens, leased to an international group and expected to receive LEED certification.
• Major logistics investment: By year-end, TRASTOR expects to finalize the acquisition of a 75,000 sq.m. logistics center in Aspropyrgos, one of the largest and most modern in Southeast Europe, under a forward purchase agreement signed in May 2024.

With these transactions, the value of TRASTOR's portfolio is expected to exceed €800M by yearend, while annualized group revenue is projected to approach €50M.