PRESS RELEASE

REGULATED INFORMATION / EMBARGO UNTIL 27 MARCH 2020, 8.00 AM ANTWERP, 27 MARCH 2020

Vastned Retail Belgium publishes the agenda of the general meeting of April 29, 2020¹

Regulated real estate company Vastned Retail Belgium publishes today the convocation and agenda of the ordinary general meeting of shareholders of April 29, 2020 at 2.30 pm at the office, Generaal Lemanstraat 74, 2600 Berchem.

The agenda of the ordinary general meeting comprises several mandatory items, among other things, the approval of the annual accounts of financial year 2019 and the dividend declaration of financial year 2019. Vastned Retail Belgium proposes also the reappointment of Taco de Groot as Board member.

The complete agenda and all related documents are available on www.vastned.be under Investor Relations - General meetings.

The annual report 2019 is also available on the website on the homepage www.vastned.be and under Investor Relations - Publications - Annual reports.

As a result of the outbreak of COVID-19 and the measures taken by the National Security Council on 12 March 2020, Vastned Retail Belgium has taken a number of precautionary measures for the upcoming meeting of shareholders. This is to limit the risk of further spread of the virus and to guarantee the well-being and health of the shareholders, the members of the Board of Directors, the Auditor and the employees of Vastned Retail Belgium.

The Company requests its shareholders not to be physically present at the General Meeting of Shareholders but instead to use their option of voting by proxy in accordance with the procedures set out in the convocation to the General Meeting. The proxy voting form for the upcoming General Meeting is available on the Company's website at www.vastned.be, under Investor Relations - General Meetings.
The Company also reminds shareholders of their right to ask questions in writing prior to the General Meeting in accordance with the procedures set out in the convocation to the General Meeting and confirms that the answers will be included in the minutes of the General Meeting, which will be published on the Company's website in accordance with Belgian legislation.
Those who might nevertheless be physically present are requested to position themselves well away from each other in the room and avoid close contact with other people present. Other precautions can be applied based on the information available to the Board of Directors at that time.

The Company hopes that these precautions will enable the General Meeting of Shareholders to be held on 29 April 2020, while maintaining the rights and welfare of its shareholders. However, restrictions on meetings of multiple people in Belgium continue to evolve. Vastned Retail Belgium continues to monitor the situation and may issue further communications regarding the holding of, and the manner of participation in, the General Meeting of Shareholders.

¹ Subject to the approval by the Financial Services and Market Authority (FSMA), for the items on the agenda for which authorisation is required and not yet obtained at the moment.

PRESS RELEASE ANTWERP, 27 MARCH 2020

Financial calendar 2020

About Vastned Retail Belgium. Vastned Retail Belgium is a public regulated real estate company (RREC), the shares of which are listed on Euronext Brussels (VASTB). Vastned Retail Belgium invests exclusively in Belgian commercial real estate, more specifically in prime retail properties located on the best shopping streets in the major cities of Antwerp, Brussels, Ghent and Bruges. Furthermore, the real estate portfolio consists of inner-city shops outside of the premium cities, high-end retail parks and retail warehouses.

For more information, please contact:

VASTNED RETAIL BELGIUM NV, a public regulated real estate company under Belgian law, Rudi Taelemans - CEO or Elke Krols - CFO, tel. + 32 3 361 05 90, www.vastned.be