Wereldhave N.V. — Capital/Financing Update 2020

Sep 7, 2020

Press release | Wereldhave strengthens financial profile with over € 130m in debt facilities

Wereldhave N.V. ("Wereldhave") is pleased to announce agreement on new and amended debt facilities representing over € 130m. This increases the financial headroom for Wereldhave, whereby all debt obligations are covered until Q3 2022. The facilities are with several financial institutions and are priced at lower rates than the average cost of debt maturing in the next twelve months.

Dennis de Vreede, CFO of Wereldhave: "These transactions mark an important step in the improvement of our liquidity position, particularly against this period of a challenging economic backdrop. It confirms the widely received confidence of our relationship banks in Wereldhave, our strategy and the strength of our property portfolio. Going forward, we will continue to be committed to further improve our financial profile as it is a key enabler to our LifeCentral transformation strategy. By successfully executing on our disposal and liquidity preservation program, we should be able to further strengthen our financial profile in the coming year."

For more information: Ruud van Maanen Director IR & Corporate Development Ruud.van.maanen@wereldhave.com + 31 (0) 20 702 78 43

About Wereldhave - make every day count

Wereldhave Full Service Centers contribute to a more joyful and comfortable everyday life. A one-stop location for groceries, shopping, leisure, relaxation, sports, health, work and other daily needs – all supported by smart concepts and digital services. By investing sustainably to meet the needs of customers and local areas, we enrich communities, while caring for the environment, and have a positive effect on the way people live, work and shop. Wereldhave Full Service Centers play a vital role in people's everyday lives in leading regional cities in the Netherlands, Belgium and France.

For more information, visit www.wereldhave.com

Wereldhave N.V. WTC Schiphol, Tower A, 3rd floor Schiphol Boulevard 233 1118 BH Schiphol P.O. Box 75837, 1118 ZZ Schiphol The Netherlands T +31 20 702 78 00 F +31 20 702 78 01