Selectirente Sa · EURONEXT:SELER
Selectirente Sa — H1 2026 Earnings Presentation
25 slides from Selectirente Sa's earnings presentation, Jul 24, 2026
Slide 1: The Listed Pure-Play Specialized in Urban Retail
THE LISTED PURE-PLAY SPECIALIZED IN URBAN RETAIL H1 2026 results presentation www.selectirente.com 1
Slide 2: Disclaimer
DISCLAIMER This document has been prepared by SELECTIRENTE (the "Company") for information purposes only, as a supplement to information published elsewhere by SELECTIRENTE. This document may not be reproduced or distributed, in whole or in part, by any person other than the Company. To the extent p
Slide 3: Speakers
SPEAKERS Jean-Marc PETER Audrey MILLERET Chairman of CFO of SELECTIRENTE Gestion SELECTIRENTE Gestion 3 H1 2026 results presentation
Slide 4: Summary
SUMMARY 1 Key figures & highlights 2 Operational performance 3 Financial highlights 4 Outlook 4 H1 2026 results presentation
Slide 5: Selectirente: The Listed Pure-Play Specialized in Urban Retail
SELECTIRENTE: THE LISTED PURE-PLAY SPECIALIZED IN URBAN RETAIL Company snapshot Key figures (as of 30 June 2026) ▪ Founded in 1997 ▪ SIIC listed on Euronext Paris €583m specialized on city-center retail assets Portfolio value(1) ▪ Granular and diversified portfolio focused on high-street retail with
Slide 6: A Resilient Urban Retail Segment Supported by Structural Demand Drivers
A RESILIENT URBAN RETAIL SEGMENT SUPPORTED BY STRUCTURAL DEMAND DRIVERS Local retail Public policy The “15-minute Physical retail Tourism and remains deeply continues to city” model and improving embedded in support town- reinforces the e-commerce are purchasing consumption center relevance of incre
Slide 7: Key Figures & Highlights
KEY FIGURES & HIGHLIGHTS 1 www.selectirente.com 7
Slide 8: Selectirente Confirms the Resilience of Its Model in H1 2026
SELECTIRENTE CONFIRMS THE RESILIENCE OF ITS MODEL IN H1 2026 Dynamic leasing management activity with 31 relettings and lease renewals since the start of 2026 Selective growth strategy remained on track, with €5.8m of acquisitions completed in H1 2026 and €7.9m of committed investments, focused on c
Slide 9: H1 2026 Key Figures
H1 2026 KEY FIGURES SOLID +2% 95.9% OPERATING PERFORMANCE Gross rental income Q2 2026 occupancy rate yoy growth +100 bps vs. 2025 ROBUST +4% 35.5% €44m BALANCE SHEET Direct portfolio value EPRA LTV ratio Cash and yoy growth Stable vs. H1 2025 undrawn debt €9.5m €2.29 €10.1m €2.42 GROWING EPRA recurr
Slide 10: Operational Performance
OPERATIONAL PERFORMANCE 2 www.selectirente.com 10
Slide 11: Continued Selective Investment Momentum
CONTINUED SELECTIVE INVESTMENT MOMENTUM ACQUISITION OF 8 CITY-CENTER RETAIL ASSETS In Paris and Paris region, Lyon and Bordeaux ~€6m Completed acquisitions in H1 2026 ~€8m Committed investments 65, avenue Jean Jaurès – LYON 2ème 15, rue de France – Nice (06) 31, boulevard Malesherbes– Paris 8ème 11
Slide 12: Strategic Disposals: Value Creation & Asset Optimization
STRATEGIC DISPOSALS: VALUE CREATION & ASSET OPTIMIZATION CREATING VALUE REFOCUSING THE ASSETS Results through capital gains • Selling assets that no longer from the sale of mature assets: correspond to our investment target • Value creation already • Protecting against future vacancies achieved and
Slide 13: Increase in Asset Valuation
INCREASE IN ASSET VALUATION 4% growth in Direct portfolio value CHANGE IN THE VALUE OF DIRECT REAL ESTATE PORTFOLIO (€M) +4.2% (+0.7 % on a LFL basis) +20 +4 574 -1 551 30/06/2025 Acquisitions Disposals Change in value 30/06/2026 (excl. Rights / fees) 13 H1 2026 results presentation
Slide 14: Diversification of the Portfolio as of June 2026
DIVERSIFICATION OF THE PORTFOLIO AS OF 30 JUNE 2026 A granular (403 assets and 522 tenants) & diversified portfolio of high quality, directly owned properties, with 86% of the portfolio consisting of city-center retail properties, including 64% of which are located in Central Paris Breakdown of dire
Slide 15: The Granularity of Our Portfolio as of June 2026
THE GRANULARITY OF OUR PORTFOLIO AS OF 30 JUNE 2026 The granularity & diversification of tenants is in our core DNA and investment strategy Sector breakdown of direct real estate portfolio (% of annual rental income) Household Services (real estate goods agents, phone, post office, dry cleaner) 12.9
Slide 16: Stable Level of Rents on a Like-for-Like Basis
STABLE LEVEL OF RENTS ON A LIKE-FOR-LIKE BASIS CHANGE IN IFRS RENTS (in €m) +0.2% Stable +2.4% 0.03 Level of rents on a LFL +0.8% 0.36 -0.23 +2.1% basis (-0.2%) 0.13 -1.5% 0.31 -0.33 15.4 15.2 -2.2% -0.2% on a LFL basis €15.4m Gross rental income +2% yoy growth €m 30-Jun-25 Acquisitions Indexations
Slide 17: Dynamic and Rigorous Rental Management
DYNAMIC AND RIGOROUS RENTAL MANAGEMENT SELECTIRENTE : Manager Property Closeness to Disposal policy: excellent track SELECTIRENTE management tenants and strategic, active record in the retail Gestion: in-depth entrusted to a retailers and continuous, sector, recognized knowledge of the subsidiary cr
Slide 18: Financial Highlights
FINANCIAL HIGHLIGHTS 3 www.selectirente.com 18
Slide 19: Resilience of Financial KPIs
RESILIENCE OF FINANCIAL KPIs STRONG FINANCIAL KPIs IN A DEMANDING REAL ESTATE ENVIRONMENT Net rental income (€m) EPRA NTA NAV (€/share) EPRA earnings (€/share) Net cash flow (€/share) 14.4 2.53 2.60 88.82 88.57 2.42 2.29 2.30 85.09 2.20 13.9 13.7 H1 2024 H1 2025 H1 2026 H1 2024 H1 2025 H1 2026 H1 20
Slide 20: Creation of Value for Shareholders
CREATION OF VALUE FOR SHAREHOLDERS CHANGE IN DIVIDEND Outperformance of the stock compared to its benchmark (IN € / SHARE) 280 270 260 250 240 SELECTIRENTE Indice IEIF SIIC France 4.20 4.00 4.10 230 3.80 3.60 3.50 3.45 220 3.25 (Basis 100 – IPO) 3.20 2.80 2.90 210 200 190 180 170 160 150 140 2015 20
Slide 21: Sustained Strong Growth Since 2019
SUSTAINED STRONG GROWTH SINCE 2019 STRONG GROWTH TRAJECTORY (2019 – END JUNE 2026) PORTFOLIO (appraisal value excluding duties transfer) (in €m) Assets value Rental income Number of €583m (€M) (€M) tenants 570 2019 capital increase - €217m 13.9 14.4 522 583 518 577 470 366 370 315 7.5 270 170 2013 2
Slide 22: Debt Maturity
DEBT MATURITY Evolution of the outstanding capital by year and by type of debt 221 219 As of 30 June 2026 • EPRA LTV : 35.5% Outstanding debt (€M) 125 125 • Average residual maturity : ~3 years 115 112 • Share of debt at fixed rate and/or hedged: 25 25 100% 50 50 • Average cost of debt: 2.6% 50 50 4
Slide 23: Outlook
OUTLOOK 4 www.selectirente.com 23
Slide 24: Outlook and Strategic Priorities
OUTLOOK AND STRATEGIC PRIORITIES Accelerate growth by capitalizing on the current real estate cycle and attractive investment opportunities Deploy available investment capacity selectively, with a focus on high-quality city-center retail assets Pursue larger-scale acquisitions, including portfolio t
Slide 25: Follow us on LinkedIn
Follow us on LinkedIn https://www.linkedin.com/company/selectirente/ Audrey MILLERET – CFO +33 (0)1 85 29 13 10 – audrey.milleret@selectirente.com Claire HILBERT – SHAN Financial Communication +33 (0)6 15 80 91 30 – claire.hilbert@shan.fr 25 H1 2026 results presentation