Carmila

M&A Activity • Mar 13, 2025

Paris, 13 March 2025

The Competition Authority approves Carmila's acquisition of Galimmo

Carmila acknowledges the decision of the French Competition Authority, which brings an end to the exemption period regarding the takeover of Galimmo's shopping galleries, finalised today.

In accordance with the conclusions of the Competition Authority, Carmila will initiate discussions with potential buyers to proceed with the disposal of the Villers Semeuse shopping gallery in 2025. This site, covering an area of 4,761 sqm and comprising 20 units, represents less than 0.2% of the Group's asset portfolio and rental income.

This decision is in line with the Group's expectations and will have no significant impact on Carmila, which confirms its financial targets.

INVESTOR AND ANALYST CONTACT Pierre-Yves Thirion – CFO pierre_yves_thirion@carmila.com +33 6 47 21 60 49

PRESS CONTACT Elodie Arcayna – Corporate Communications Director elodie_arcayna@carmila.com +33 7 86 54 40 10

INVESTOR AGENDA

17 April 2025 (after market close): First-quarter 2025 financial information

• 14 May 2025: Annual General Meeting
• 23 July 2025 (after market close): First-half 2025 results
• 24 July 2025: First-half 2025 results presentation

23 October 2025 (after market close): Third-quarter 2025 financial information

ABOUT CARMILA

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy. At 31 December 2024, its portfolio was valued at €6.7 billion, and is made up of 251 shopping centres with leading positions in their catchment areas.

Carmila is listed on Euronext-Paris Compartment A under the symbol CARM. It benefits from the tax regime for French real estate investment trusts ("SIIC"). Carmila has been a member of the SBF 120 since 20 June 2022.

IMPORTANT NOTICE

Some of the statements contained in this document are not historical facts but rather statements of future expectations, estimates and other forward-looking statements based on management's beliefs. These statements reflect such views and assumptions prevailing as of the date of the statements and involve known and unknown risks and uncertainties that could cause future results, performance or events to differ materially from those expressed or implied in such statements. Please refer to the most recent Universal Registration Document filed in French by Carmila with the Autorité des marchés financiers for additional information in relation to such factors, risks and uncertainties. Carmila has no intention and is under no obligation to update or review the forward-looking statements referred to above. Consequently, Carmila accepts no liability for any consequences arising from the use of any of the above statements.

This press release is available in the "Regulated information" section of Carmila's Finance webpage: https://www.carmila.com/en/regulated-information