Mercialys — Capital/Financing Update 2021

Dec 7, 2021

PRESS RELEASE

Paris, December 7, 2021

CLOSE OF THE OFFER TO PURCHASE PART OF THE BONDS MATURING IN MARCH 2023

On December 6, 2021, Mercialys closed the tender offer on part of its bond issue with Euro 549.5 million outstanding and due to mature in March 2023.

The nominal amount accepted by the Company in connection with the tender offer totaled Euro 80 million. The purchased bonds will be canceled by December 31, 2021. The outstanding amount of the bond issue maturing in March 2023 will therefore represent Euro 469.5 million.

This transaction will contribute towards optimizing the maturity of the Company's debt.

Crédit Agricole Corporate and Investment Bank, La Banque Postale and Natixis were the Structuring Advisors and Dealer Managers.

Not for distribution in the United States, Australia, Canada or Japan. This press release does not constitute an invitation to participate in an offer to redeem securities in the United States or in any other country where this is not permitted.

* * *

This press release is available on www.mercialys.com.

Analyst and investor contact

Luce-Marie de Fontaines Tel: +33 (0)1 82 82 75 63 Email : ldefontaines@mercialys.com

About Mercialys

Mercialys is one of France's leading real estate companies. It is specialized in the holding, management and transformation of retail spaces, anticipating consumer trends, on its own behalf and for third parties. At June 30, 2021, Mercialys had a real estate portfolio valued at Euro 3.2 billion (including transfer taxes). Its portfolio of 2,102 leases represents an annualized rental base of Euro 169.8 million. Mercialys has been listed on the stock market since October 12, 2005 (ticker: MERY) and has "SIIC" real estate investment trust (REIT) tax status. Part of the SBF 120 and Euronext Paris Compartment B, it had 93,886,501 shares outstanding at June 30, 2021.

IMPORTANT INFORMATION

This press release contains certain forward-looking statements regarding future events, trends, projects or targets. These forward-looking statements are subject to identified and unidentified risks and uncertainties that could cause actual results to differ materially from the results anticipated in the forward-looking statements. Please refer to Mercialys' Universal Registration Document available at www.mercialys.com for the year ended December 31, 2020 for more details regarding certain factors, risks and uncertainties that could affect Mercialys' business. Mercialys makes no undertaking in any form to publish updates or adjustments to these forwardlooking statements, nor to report new information, new future events or any other circumstances that might cause these statements to be revised.