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Wereldhave N.V.

M&A Activity May 26, 2025

3898_iss_2025-05-26_6bf6fd88-955d-4f33-aaf5-821da644411f.pdf

M&A Activity

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Press release | Wereldhave announces first joint venture, with Sofidy (Tikehau Group), acquiring shopping center Stadshart Zoetermeer in the Netherlands

Wereldhave and Sofidy (Tikehau Group), a leading European real estate investment and asset management firm, have partnered on the acquisition of shopping center Stadshart Zoetermeer, and parking garages, in Zoetermeer, the Netherlands, from Unibail-Rodamco-Westfield. The asset has a total gross lettable area of approximately 59,000 m² (excluding parking). This acquisition marks Wereldhave's first joint venture and aligns fully with the company's strategy and acquisition criteria. Wereldhave will act as asset, property and leasing manager with the view to enhance the value for all stakeholders through its proficient Dutch asset management platform and by implementing its LifeCentral strategy.

The total purchase price amounts to € 150m (€ 165.6m including transaction taxes) with Wereldhave investing a 15% equity stake. The joint venture is partly (40% loan-to-value) financed through a secured green five-year loan from a leading Dutch bank. The transaction will have a positive annualized impact on Wereldhave's Direct Result Per Share (DRPS) of € 0.04.

Matthijs Storm, CEO of Wereldhave commented: "We are proud to take this step together with Sofidy, marking the first joint venture as part of our recently reported new management agenda 2025-2027. This partnership allows us to leverage our management expertise while investing a minority stake, in line with our strategy of value creation through active asset management."

The transaction is scheduled to close at the end of the second quarter of 2025.

About shopping center Stadshart Zoetermeer

Stadshart Zoetermeer is a prime mixed-use shopping center including high street and dailylife retail, F&B operators, services, ancillary office space as well as various parking garages. The center comprises of ca. 59,000 m² GLA (excluding parkings) and is located in the city center of Zoetermeer, a growing urbanization in the heart of the Randstad, very wellconnected to The Hague and Rotterdam. The center, with over 110 tenants, is anchored by

a strong mix of international and national brands, including Albert Heijn, Hema, MediaMarkt, Kruidvat, Primark, JD Sports, TK Maxx, H&M, MS Mode, and more. Stadshart Zoetermeer attracts over 8 million visitors annually, making it a key retail destination in the region

About Sofidy (Tikehau Group)

Sofidy is a leading European real estate investment and asset management firm. The company manages several real estate investment funds throughout Europe mainly dedicated to retail and office properties. Approved by the AMF (the French financial markets regulator), Sofidy is wholly owned by the Tikehau Group, listed on Paris stock exchange. www.sofidy.com

For more information:

Press contact Rik Janssen | Head of Marketing [email protected] +31 6 53 999 192

Investor contact Jeroen Piket | Director Treasury & Investor Relations [email protected] +31 6 202 201 20

About Wereldhave better everyday life, better business

Wereldhave Full Service Centers contribute to a better everyday life for visitors and better business for tenants. 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, Luxembourg and France. For more information, visit www.wereldhave.com

Wereldhave N.V. Nieuwe Passeerdersstraat 1 1016 XP Amsterdam The Netherlands T. +31 20 702 78 00

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