Aedifica SA

Earnings Release • Oct 28, 2016

28 October 2016

AEDIFICA

Public limited liability company Public regulated real estate company under Belgian law Registered office: avenue Louise 331-333, 1050 Brussels Enterprise number: 0877.248.501 (RLE Brussels) (the "Company")

Annual and Extraordinary General Meetings of 28 October 2016

I. Annual General Meeting of 28 October 2016

Aedifica is pleased to announce that the shareholders approved at the Annual General Meeting of 28 October 2016 all agenda items including the proposed dividend of €2.10 gross per share for the fiscal year from 1 July 2015 to 30 June 2016. The specific conditions of this dividend, in particular regarding the optional dividend, are specified today in a separate press release.

The shareholders also renewed, with immediate effect and for a period of 3 years (until the end of the Annual General Meeting of 2019) the office of Mr. Jean Kotarakos, as executive Director. The shareholders also renewed, with immediate effect and for a period of 3 years (until the end of the Annual General Meeting of 2019) the office of Mr. Jean Franken, as non-executive independent Director. Aedifica's Board of Directors welcomes these appointments.

The number of Aedifica shares represented at the Annual General Meeting was 4.076.747, i.e. 28,73 % of the total number of shares outstanding.

II. Extraordinary General Meeting of 28 October 2016

Aedifica is pleased to announce that the Extraordinary General Meeting of 28 October 2016 approved all agenda items, in particular the renewal of the authorisation permitting use of the authorised capital, in accordance with the conditions that were published in the convocation of the abovementioned Extraordinary General Meeting.

The number of Aedifica shares represented at the Extraordinary General Meeting was 4,015,161, i.e. 28.29 % of the total number of shares outstanding.

***** The English version of this press release constitutes a free translation of the French language text and is made for information purposes only. In case of inconsistency with the French version or inaccuracy of the English translation, the French text shall prevail.

PRESS RELEASE

28 October 2016

Aedifica is a Regulated Real Estate Company under Belgian law specialised in healthcare real estate, particularly in senior housing. Aedifica has developed a portfolio worth more than €1 billion in Belgium, Germany and in The Netherlands.

Aedifica has been quoted on the Euronext Brussels (continuous market) since 2006 and is identified by the following ticker symbols: AED; AED:BB (Bloomberg); AOO.BR (Reuters).

The Company's market capitalisation was €1.1 billion as of 30 September 2016.

Aedifica is included in the EPRA indices.

Forward-looking statement

This document contains forward-looking information that involves risks and uncertainties, including statements about Aedifica's plans, objectives, expectations and intentions. Readers are cautioned that forward-looking statements include known and unknown risks and are subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of Aedifica. Should one or more of these risks, uncertainties or contingencies materialise, or should any underlying assumptions prove incorrect, actual results could vary materially from those anticipated, expected, estimated or projected. As a result, Aedifica does not assume any responsibility for the accuracy of these forward-looking statements.

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