Cofinimmo — Share Issue/Capital Change 2022

Jun 3, 2022

PRESS RELEASE

REGULATED INFORMATION Brussels, embargo until 03.06.2022, 5:40 PM CET

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISCLOSURE OTHERWISE, EITHER DIRECTLY OR INDIRECTLY, IN FULL OR IN PART IN OR TO THE UNITED STATES, CANADA, JAPAN, SWITZERLAND, SOUTH AFRICA OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE THIS WILL LEAD TO A VIOLATION OF THE RELEVANT LEGISLATION.

Result of the optional dividend in shares offer

42.3% of the dividend coupons will be paid in new shares issued for a total amount of 56.4 million EUR

Introduction¹

The Ordinary General Meeting of 11.05.2022 had decided to distribute, for the 2021 financial year, a gross dividend of 6.00 EUR per share² .

The Board of Directors decided to offer shareholders the choice between receiving the dividend payment for the 2021 financial year in new shares or in cash, or to opt for a combination of both means of payment. The subscription price of one new share was set at 109.20 EUR. The new shares will be entitled to Cofinimmo's results (Euronext Brussels: COFB) as from 01.01.2022 (first dividend payable in 2023).

Shareholders were invited to communicate their choice between the different payment modalities between 18.05.2022 and 02.06.2022.

Result of the offer

A total of 42.3% of the 2021 dividend coupons were contributed to the capital against new shares. This will result in the issue of 516,135 new shares for a total amount of 56.4 million EUR.

The remaining dividend pay-out will be settled in cash for a net total amount of 76.9 million EUR³ . The payment in cash and/or the delivery of securities will be made as from 07.06.2022. The effective day of listing of the new shares will be 09.06.2022.

Cofinimmo's share capital is now represented by 32,251,549 shares.

Funds not paid in cash will be used by the company to finance property acquisitions and renovation projects.

¹ See also the press release dated 11.05.2022, available on the website.

² After deduction of a 30% withholding tax, this corresponds to a net dividend of 4.20 EUR per share.

³ Amount from which the withholding taxes on dividends relating to reinvested and non-reinvested coupons has been deducted.

REGULATED INFORMATION Brussels, embargo until 03.06.2022, 5:40 PM CET

PRESS RELEASE

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISCLOSURE OTHERWISE, EITHER DIRECTLY OR INDIRECTLY, IN FULL OR IN PART IN OR TO THE UNITED STATES, CANADA, JAPAN, SWITZERLAND, SOUTH AFRICA OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE THIS WILL LEAD TO A VIOLATION OF THE RELEVANT LEGISLATION.

Jean-Pierre Hanin, CEO of Cofinimmo: "We are satisfied with the results of our optional dividend offering and we would like to thank our shareholders for their trust. With a subscription rate of 42.3%, this operation enables to reduce the group's debt-to-assets ratio by nearly 1%."

For more information:

Philippe Etienne Lynn Nachtergaele Head of External Communication Head of Investor Relations Tel.: +32 2 373 60 32 Tel.: +32 2 777 14 08 petienne@cofinimmo.be lnachtergaele@cofinimmo.be

About Cofinimmo:

Cofinimmo has been acquiring, developing and managing rental properties for almost 40 years. The company has a portfolio spread across Belgium, France, the Netherlands, Germany, Spain, Finland, Ireland, Italy and the United Kingdom with a value of approximately 5.9 billion EUR. Responding to societal changes, Cofinimmo's mission is to provide highquality care, living, and working spaces to partner-tenants for their occupants to enjoy. 'Caring, Living and Working - Together in Real Estate' is the expression of this mission. Thanks to its expertise, Cofinimmo has assembled a healthcare real estate portfolio of approximately 4.0 billion EUR in Europe.

As an independent company applying the highest standards of corporate governance and sustainability, Cofinimmo offers tenant services and manages its portfolio through a team of approximately 150 employees in Brussels, Paris, Breda, and Frankfurt and Madrid.

Cofinimmo is listed on Euronext Brussels (BEL20) and benefits from the REIT status in Belgium (RREC), France (SIIC) and the Netherlands (FBI). Its activities are supervised by the Financial Services and Markets Authority (FSMA), the Belgian regulator.

On 31.05.2022, Cofinimmo's total market capitalisation was approximately 3.9 billion EUR. The company applies an investment policy aimed at offering a socially responsible, long-term, low-risk investment that generates a regular, predictable, and growing dividends.