Slide 1: Investor Presentation MLP Group YE 2023 Results
INVESTOR PRESENTATION MLP GROUP YE 2023 RESULTS March 2024
Slide 2: Agenda and Team
AGENDA AND TEAM 1 2 MLP AT A GLANCE 2023 EXECUTIVE SUMMARY 3 20 3 2023 LEASING RESULTS 28 4 YIELDS IN 2023 38 5 FINANCIAL ACTIVITY IN 2023 40 6 KEY CHALLENGES 2024 58 7 SUSTAINABLE DEVELOPMENT 64 Radosław T. Krochta Monika Dobosz 8 ESG STRATEGY 67 Chief Executive Officer Chief Financial Officer Inve
Slide 3: 1. MLP Group at a Glance
1. MLP GROUP AT A GLANCE Investor presentation March 2024
Slide 4: Leading Integrated European Logistics Property Platform
1. MLP GROUP AT A GLANCE Leading Integrated European Logistics Property Platform PREMIUM CLASS-A ASSET BASE 1 MLP Group is powerful vertically-integrated business model with full range of in-house capabilities, from property development to management. 2 Very experienced team – each senior team membe
Slide 5: Vertical integration
1. MLP GROUP AT A GLANCE Vertical integration PHASING-OUT OWN PROPERTY LOCATION SEARCH DESIGN & PERMIT CONSTRUCTION MLPG ENERGY DEVELOPMENT MANAGEMENT MLPG provides an MLPG applies and obtains Each time before the Development of projects After move-in, MLPG park MLPG is energy overview of potential
Slide 6: Two property types
1. MLP GROUP AT A GLANCE Two property types BIG BOX (i.e. large-scale) warehouses, primarily addressing City Logistics (MLP Business Parks) are operating as MLP e-commerce growth and increased demand from light Business Parks and offering small warehouse units (ranging industry customers, driven by
Slide 7: Premium Class-A Asset Base
1. MLP GROUP AT A GLANCE Premium CLASS-A Asset Base Clear height of warehouse space: 10 m or 11.5 m ESFR sprinkler installation LED Lighting 300 lux Clear height Fire load above –10/11,5 m 4 000 MJ/sqm Gas heaters above Skylights docks 3% of roof area 6 T/sqm Column grid of 12 m x 22.5 m Hörmann / N
Slide 8: Premium Class-A Asset Base
1. MLP GROUP AT A GLANCE Premium CLASS-A Asset Base High standard offices Buildings with daylight access on three sides Glass façade Air conditioning Ample parking places for trucks and personal cars. Investor presentation March 2024 8 MLP GROUP 1Q 2023 RESULTS
Slide 9: Generic NAV development of logistic assets without acquisitions
1. MLP GROUP AT A GLANCE Generic NAV development of logistic assets without acquisitions DEVELOPED SPACE, UNDER CONSTRUCTION & IN PREPARATION STAGE (SQM) 1 387 667 1 105 595 999 847 857 068 750 834 611 578 512 310 356 874 392 241 335 477 400 974 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 1H20
Slide 10: Exemplary construction costs vs. capital value upon completion
1. MLP GROUP AT A GLANCE Exemplary construction costs vs. capital value upon completion in Poland, Germany, Austria EXEMPLARY CONSTRUCTION COSTS VS. CAPITAL VALUE PER BUILDINGS (per sqm) POLAND GERMANY & AUSTRIA 2021 2022 2023 2021 2022 2023 817 EUR 1 885 EUR 470 EUR 1 662 EUR 695 EUR 644 EUR 418 EU
Slide 11: MLP Group is active in European countries
1. MLP GROUP AT A GLANCE MLP Group is active in 4 European countries 1.08 mn sqm GLA 1.59 mn Gorzów Wielkopolski Poland Berlin Poznań Pruszków Unna Germany Zgorzelec Łódź Teresin sqm landbank Gelsenkirchen Lublin Wrocław Niederrhein Idstein Czeladź Gliwice 5.69 MWp Installed PV Vienna Austria Romani
Slide 12: Key points in 2023
1. MLP GROUP AT A GLANCE Key points in 2023 1,080 MN SQM UNDER MANAGEMENT GVA BREAK-DOWN OF YIELDING INSTALLED ASSETS/NON-YIELDING => 84%/16% PV 5.69 MWP (8% PLOTS AND 8% CONSTRUCTION) (DEPLOYED 6.46 MWP) Investor presentation March 2024 12
Slide 13: Key points in 2023 in PLN
1. MLP GROUP AT A GLANCE Key points in 2023 in PLN FINANCIAL HIGHLIGHTS OPERATIONAL HIGHLIGHTS 200.9 mn PLN 241.2 mn PLN 95.0% 7.4 yrs +31% vs. 2022 Rental income Total annualized in 2023 future rental income Occupancy WAULT 38.6 % 93.3 mn PLN 11.0% +7.7% +8% vs. 2022 2023 vs. 2022 Like-for-like ren
Slide 14: Key points in 2023 in EUR
1. MLP GROUP AT A GLANCE Key points in 2023 in EUR FINANCIAL HIGHLIGHTS OPERATIONAL HIGHLIGHTS 44.4 mn EUR 53.3 mn EUR 95.0% 7.4 yrs +36% vs. 2022 Rental income Total annualized in 2023 future rental income Occupancy WAULT 38.6 % 20.6 mn EUR 11.0% +7.7% +11% vs. 2022 2023 vs. 2022 Like-for-like rent
Slide 15: Strong operating position at an attractive valuation
1. MLP GROUP AT A GLANCE Strong operating position at an attractive valuation MLP GROUP – PERFORMANCE VS COMPETITORS (IN 2023) Rental Country Valuation Like-for-Like FFO Yield Company revenue ICR LTV P/NAV of origin change (%) rental growth (%) growth y/y 10%* +34% +7.7% 2.3x 38.6% 5.48% 0.74x 2023:
Slide 16: Portfolio vault and leases due to expire
1. MLP GROUP AT A GLANCE Portfolio Vault and leases due to expire 7.4 years 100% 5.0% 65% Average term of Retention rate Vacancy lease agreements 12% 11% 8% 4% 2024 2025 2026 2027 >2028 % of leases due to expire Investor presentation March 2024 16 MLP GROUP SUPERVISORY BOARD MEETING JULY 2022
Slide 17: Accelerated landbank acquisitions
1. 2023 EXECUTIVE SUMMARY ACCELERATED LANDBANK ACQUISITIONS Replenishing & growing development capacity 52% x2 52% situated adjacent Potential development to our existing of the landbank is 0.8 mn sqm or new parks which doubles the portfolio’s size POTENTIAL FOR DEVELOPMENT BY COUNTRY (IN SQM) TOTAL
Slide 18: Yielding projects Poland & Germany
1. MLP GROUP AT A GLANCE YIELDING PROJECTS Poland & Germany MLP POZNAŃ MLP POZNAŃ WEST II MLP WROCŁAW MLP GLIWICE MLP PRUSZKÓW I MLP PRUSZKÓW II MLP LOGISTIC PARK UNNA MLP BUSINESS PARK BERLIN I Investor presentation March 2024 18
Slide 19: Projects under construction
1. MLP GROUP AT A GLANCE PROJECTS UNDER CONSTRUCTION Poland, Germany, Austria & Romania MLP ZGORZELEC MLP BUSINESS PARK POZNAŃ MLP BUSINESS PARK SCHALKE MLP BUCHAREST WEST MLP GORZÓW MLP CZELADŹ MLP BUSINESS PARK VIENNA MLP ŁÓDŹ Investor presentation March 2024 19 MLP GROUP 1Q 2023 RESULTS
Slide 20: 2. 2023 Executive Summary
2. 2023 EXECUTIVE SUMMARY Investor presentation March 2024
Slide 21: Main highlights in PLN
2. 2023 EXECUTIVE SUMMARY Main highlights in PLN 1 Leasing take-up pipeline 20% lower vs supply 50% lower across all major European markets. 2 Low vacancy rate 4% across all major European markets and limited land availability continue to drive rental growth across Europe (pricing and leasing opport
Slide 22: Main highlights in PLN
2. 2023 EXECUTIVE SUMMARY Main highlights in PLN 4.5 bn PLN 2 395.6 mn PLN 99.8 PLN -52.1 mln PLN +2% vs. YE 2022 -4% vs. YE 2022 -4% vs. YE 2022 Value of investment NAV NAV per share Net loss properties 178.7 mn PLN 93.3 mn PLN 276k sqm 80% +32% vs. 2022 +8% vs. 2022 Already signed of our portfolio
Slide 23: Main highlights in EUR
2. 2023 EXECUTIVE SUMMARY Main highlights in EUR 1 044.5 mn EUR 551.0 mn EUR 23.0 EUR -11.5 mln EUR +11% vs. YE 2022 +3% vs. YE 2022 +3% vs. YE 2022 Value of investment NAV NAV per share Net loss properties 39.5 mn EUR 20.6 mn EUR 276k sqm 80% +37% vs. 2022 +11% vs. 2022 Already signed of our portfo
Slide 24: Gross Asset Value key points in 2023
2. 2023 EXECUTIVE SUMMARY Key points in 2023 GROSS ASSET VALUE (in EUR MN)* 1 031 936 EUR: 4,3480 EUR: 4,6899 729 EUR: 4,5994 497 419 334 EUR: 4,6148 EUR: 4,2585 EUR: 4,3000 2018 2019 2020 2021 2022 2023 *Gross Asset Value without Perpetual Usufruct and residential properties PLN/EUR strengthening h
Slide 25: Gross Asset Value by asset type
2. 2023 EXECUTIVE SUMMARY Gross Asset Value by asset type GROSS ASSET VALUE • Low participation of non-yielding assets, i.e. 16% BY ASSET TYPE (AS AT 31.12.2023) (10% plots and 6% construction) • The majority of assets under construction are covered with the prelease contracts. 10% 6% 84% EXISTING S
Slide 26: Net Asset Value key points in 2023
2. 2023 EXECUTIVE SUMMARY Key points in 2023 NET ASSET VALUE (IN MN PLN) 2 498 2 396 1 825 1 212 939 815 647 676 727 509 558 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 NET ASSET VALUE (IN MN EUR) 533 551 397 263 220 174 190 152 153 123 131 2013 2014 2015 2016 2017 2018 2019 2020 2021 202
Slide 27: New plots acquisition
2. 2023 EXECUTIVE SUMMARY New plots acquisition 8.4 ha 6.4 ha MLP Berlin Poland MLP Poznań West Spreenhagen Berlin (extension) Poznań approx. 40,000 sqm approx. 30,000 sqm Łódź Germany Bieruń 11.6 ha 14.4 ha MLP Łódź MLP Bieruń approx. 70,000 sqm approx. 60,000 sqm Austria Romania Investor presentat
Slide 28: 3. 2023 Leasing Results
3. 2023 LEASING RESULTS Investor presentation March 2024
Slide 29: Key development points in 2023
3. 2023 LEASING RESULTS Key development points in 2023 1 100% of lease contracts indexed as of February with inflation (8.6 HICP EZ or 9.2 HICP EU) 2 Rental contract as at YE2023 275 694 sqm (including binding LOI for 13 340 sqm); => stable growth as previous year 3 General contractors pricing y/y +
Slide 30: Lease agreements in 2023
3. 2023 LEASING RESULTS Lease agreements in 2023 – Poland, Germany, Austria & Romania LEASING BUDGET IN SQM 255 489 275 694 10 803 6 113 3 289 POLAND GERMANY AUSTRIA ROMANIA TOTAL Lease agreements signed in Poland 2023 including binding LOI for 13 340 sqm Investor presentation March 2024 30
Slide 31: Buildings under construction in 2023
3. 2023 LEASING RESULTS Buildings under construction in 2023 SPEC BUILDINGS AS AT 31 DECEMBER 2023 182,3 K SQM 40.0 % 20.0% 11.0 yrs Ongoing development started in 2023 (Poland & Average rental rate is Romania) Already leased higher vs 2022 WAULT 182 332 73 113 50 644 34 304 33 702 22 073 28 987 21
Slide 32: Construction with pre-let contracts
3. 2023 LEASING RESULTS Buildings under construction in 2023 CONSTRUCTION WITH PRE-LET CONTRACTS 93% 88% 85% 82% 76% 2019 2020 2021 2022 2023 Pre let contracts =lease agreement has been sign before or during construction (before completion) Investor presentation March 2024 32 MLP GROUP 1Q 2023 RESUL
Slide 33: Partnership that deliver robust & growing income streams
3. 2023 LEASING RESULTS - OUR CLIENTS Partnership that deliver robust & growing income streams STRONG OPERATING METRICS 1.12 mn sqm 95.0% 100% 100% 99% * Leased area Occupancy Retention rate Lease contracts Rent collection indexed with EURO HICP without CAP * (within 60 days) since invoice issue dat
Slide 34: Diversified tenants' mix
3. 2023 LEASING RESULTS Diversified tenants’ mix LONG-TERM CONTRACTS AND DIVERSIFICATION OF TENANTS FROM A VARIETY OF INDUSTRIES CREATES A BALANCED AND STABLE YIELDING PORTFOLIO E-commerce Retail E- commerce 9% Retail 28% Average duration 29% of lease contracts Manufacturing Logistics 7.4 years Logi
Slide 35: WAULT vs. European competition
3. 2023 LEASING RESULTS WAULT vs. European competition WAULT (YEARS) 8.3 7.9 7.4 7.1 6.5 5.3 5.3 4.6 MLP WDP VGP Montea Tritax Catena CTP Intervest Source: Bloomberg, Dealogic, Company Information as of Aug 22, 2023; Notes: based on last reported financials as at 30.09.2023 or previous Investor pres
Slide 36: Our tenants – diversified tenants' portfolio
3. 2023 LEASING RESULTS Our tenants – diversified tenants’ portfolio TOP 10 CURRENT TENANTS IN SQM 61 431 57 195 47 232 44 087 43 815 Top 10 Tenants 41 762 provide 32 976 26 690 36% of annual rental 26 407 income 25 186 MLP GROUP 1Q 2023 RESULTS Investor presentation March 2024 36
Slide 37: European industrial & logistics market figures
3. 2023 LEASING RESULTS European industrial & logistics market figures TOTAL STOCK IN EUROPE TAKE-UP BY GEOGRAPHY IN Q1–Q3 2023 (IN MILLION SQM) (IN MILLION SQM) 5,000 Germany 100 4,469 4,500 France 50 4,000 3,720 3,500 UK 48 3,000 2,627 Netherlands 44 2,400 2,500 2,100 Poland 31 2,000 1,520 1,500 I
Slide 38: 4. Yields in 2023
4. YIELDS IN 2023 Investor presentation March 2024 38
Slide 39: Average Market Prime Investment yields
4. LOGISTICS PRIME YIELDS Average Market Prime Investment yields: Poland, Germany, Austria & Romania POLAND 2023 2022 2021 2020 2019 2018 Warsaw 6.25 5.50 5.25 6.00 6.25 6.75 Silesia 6.25 6.00 5.25 6.25 6.25 6.75 Central Poland 6.25 6.00 5.25 6.15 6.25 6.75 Poznań 6.25 6.00 5.25 6.25 6.50 6.75 Wrocł
Slide 40: 5. Financial Activity in 2023
5. FINANCIAL ACTIVITY IN 2023 Investor presentation March 2024 40
Slide 41: Balance sheet in EUR ths
5. FINANCIAL ACTIVITY Key points in 2023 – Balance sheet in EUR ths in ths EUR 2023 2022 in ths EUR 2023 2022 Non-current assets Equity Property, plant and equipment 5 677 2 112 Share capital 1 307 1 307 Share premium 105 071 105 080 Intangible assets 22 13 Interest hedge reserve & Translation reser
Slide 42: Profit & loss statement in EUR ths
5. FINANCIAL ACTIVITY Key points in 2023 – Profit & loss statement in EUR ths in ths EUR 2023 2022 Rental income 44 359 32 610 Revenue from property management services 35 307 26 915 Costs of self-provided property management services (30 089) (21 779) Gross operating profit/(loss) 49 577 37 746 Gen
Slide 43: Financial position in EUR mn
5. FINANCIAL ACTIVITY Key points in 2023 - Financial position in EUR mn YE 2023 YE 2022 YE 2021 YE 2023 YE 2022 YE 2021 CHANGE YE 2023 YE 2022 CHANGE YE 2021 CHANGE (IN EUR (IN EUR (IN EUR (IN EUR (IN EUR (IN EUR (%) (IN %) (IN %) (p.p.) (IN %) (%) MN) MN) MN) MN) MN) MN) INVESTMENT 1 044.5 945.2 11
Slide 44: Financial position in PLN mn
5. FINANCIAL ACTIVITY Key points in 2023 - Financial position in PLN mn YE 2023 YE 2022 YE 2021 YE 2023 YE 2022 YE 2021 CHANGE YE 2023 YE 2022 CHANGE YE 2021 CHANGE (IN PLN (IN PLN (IN PLN (IN PLN (IN PLN (IN PLN (%) (IN %) (IN %) (p.p.) (IN %) (%) MN) MN) MN) MN) MN) MN) INVESTMENT 4 541.5 4 433.0
Slide 45: EPRA ratios
5. FINANCIAL ACTIVITY Key points in 2023 – EPRA ratios YE 2023 YE 2022 CHANGE (IN PLN MN) (IN PLN MN) (%) EPRA NRV 1 747 2 469 -29.2% EPRA NTA 1 746 2 469 -29.3% EPRA NDV 2 138 2 954 -27.6% EPRA Earnings 156.8 54.3 189% Company adjusted EPRA earnings* 83.5 68.9 21% EPRA Cost Ratio 18% 23% -22% EPRA
Slide 46: Financial position
5. FINANCIAL ACTIVITY Key points in 2023 - Financial position AS AT 31 DECEMBER 2023 FFO (IN EUR MN) LTV1) 38.6% ICR 2.3x NAV in EUR mn 551 20,6 Financial debts in EUR mn (all-in) 474 11% among which: 18,5 – Bank loans (secured on MLP's assets) in EUR mn2) 376 – Bonds (unsecured on MLP's assets) in
Slide 47: Revenues and costs
5. FINANCIAL ACTIVITY Key points in 2023 - Financial position REVENUES COSTS (IN PLN MN) (IN PLN MN) +29% Developed space Developed space Recharge of utility costs as at 31.12.2022 as at 31.12.2023* 88.6 986 126 sqm 1 079 038 sqm 24% Recharge of service charges +25% 71.3 71.3 +30% Rental income 54.8
Slide 48: Net Asset Value Growth
5. FINANCIAL ACTIVITY Net Asset Value Growth NET ASSET VALUE (IN MN PLN) NET ASSET VALUE (IN MN EUR) 533 551 2 498 2 396 397 1 825 263 1 212 220 939 190 815 2018 2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023 Investor presentation March 2024 48 MLP GROUP 1Q 2023 RESULTS
Slide 49: Net Asset Value Growth
5. FINANCIAL ACTIVITY Net Asset Value Growth NAV CONTRIBUTION (IN MN PLN) 2 498 9 2 396 178 19 -258 -50 Equity as at 31.12.2022 Gain (loss) on revaluation Exchange differences on EBIT (without Net finance income Income tax Equity as at 31.12.2023 of investment property translation of foreign revalua
Slide 50: Loans and bonds
5. FINANCIAL ACTIVITY Loans and bonds EXISTING BANK LOANS BY MATURITY IN EUR MN 183 • MLPG is a reliable financing partner, with a solid financial position. • Undrawn credit line for EUR 7.8 mn and new bank facilities being finalized for the amount of EUR 81.7 mn (the binding TSs have been countersi
Slide 51: Rental income and like-for-like rental growth
5. FINANCIAL ACTIVITY RENTAL INCOME LIKE-FOR-LIKE RENTAL GROWTH IN PLN MN MAIN DRIVERS +7.7% 21.8 +9.9% 2.7% 26.2 4.9% renegotiations/ 8.4% new contracts 2.6% 200.9 indexation 2.4% exchange rate 152.9 change -3.4% Rental income in 2022 Passing rent Rent generated Rental income in 2023 2022 2023 on e
Slide 52: Annualized future rental income (PLN)
5. FINANCIAL ACTIVITY ANNUALIZED FUTURE RENTAL INCOME BASED ON ALL SIGNED CONTRACTS (IN MN PLN) Annualized rents Annualized rents Total annualized from contracts signed from new contracts rental income before 2023 and renewals already signed 77% 23% 100% 857 517sqm 262 354 sqm 1 119 871 sqm 32.5 27.
Slide 53: Annualized future rental income (EUR)
5. FINANCIAL ACTIVITY ANNUALIZED FUTURE RENTAL INCOME BASED ON ALL SIGNED CONTRACTS (IN MN EUR) 52.4 44.6 37.5 30.3 25.9 2019 2020 2021 2022 2023 Investor presentation March 2024 53 MLP GROUP 1Q 2023 RESULTS
Slide 54: Yield widening offset with increase in ERVs
5. FINANCIAL ACTIVITY YIELD WIDENING SIGNIFICANTLY OFFSET WITH INCREASE IN ERVS ERV growth per country +6.6% Yield change POLAND POLAND +5.9% 6.67% +26 bps GERMANY +28.4% GERMANY 4.62% +12 bps ROMANIA ROMANIA 7.91% +13 bps PORTFOLIO 6.40% +24 bps 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% Reversionary Yield 2022
Slide 55: Change in property valuation in 2023 (PLN)
5. FINANCIAL ACTIVITY CHANGE IN PROPERTY VALUATION IN 2023 (IN THS PLN) - PER QUARTER FX Valuation change Property value presented in FS for each quarter +142 487 4 482 842 4 446 903 - 269 255 + 69 797 - 13 469 + 192 456 4 390 575 - 210 847 +173 481 4 559 641 + 7 617 4 243 673 • . YE 2022 1Q 2023* 2
Slide 56: Change in property valuation in 2023 (EUR)
5. FINANCIAL ACTIVITY CHANGE IN PROPERTY VALUATION IN 2023 (IN THS EUR) - PER QUARTER Valuation change between quarters* 1 031 013 Property value presented in FS for each quarter +47 399 +30 046 +2 461 • . 983 614 +14 922 951 107 953 568 936 185 YE 2022 1Q 2023 2Q 2023 3Q 2023 4Q2023 The chart above
Slide 57: The composition of the revaluation
5. FINANCIAL ACTIVITY THE COMPOSITION OF THE REVALUATION IN PLN MN 4Q 2023 -164 -222 192 Loss on revaluation: -194 3Q 2023 -122 143 142 Gain on revaluation: +164 2Q 2023 • . -53 -172 8 Loss on revaluation: -217 1Q 2023 -69 -11 70 Loss on revaluation: -10 ( 500) ( 400) ( 300) ( 200) ( 100) - 100 200
Slide 58: 6. Key Challenges 2024
7. SUSTAINABLE 6. KEY CHALLENGES 2024 DEVELOPMENT Investor presentation March 2024
Slide 59: New rental target income to be contracted in 2024
6. KEY CHALLENGES 2024 NEW RENTAL TARGET INCOME (ANNUALIZED) TO BE CONTRACTED IN 2024 (IN MN EUR) 21.0 10.8 8.4 6.2 4.0 1.9 1.9 0.3 Poland Germany & Austria Romania Total New rental income to be contracted in 2024 Signed in Q1 2024 To be signed in Q1/Q2 2024 In 2024, we signed or in signing process
Slide 60: MLP Group plans for 2024
6. KEY CHALLENGES 2024 MLP Group plans for 2024 In 2024 we lease our Business Park Projects in Vienna, Schalke (Gelsenkirchen), Łódź and Big-Box projects in Poznań, Idstein (Frankfurt am Main), Berlin- Spreenhagen. Those projects shall significantly contribute not only to our rental but also to NAV
Slide 61: Key challenges for 2024
6. KEY CHALLENGES 2024 Key challenges for 2024 DEPLOYING ACQUIRED PLOTS START CITY LOGISTIC PROJECTS MLP Wrocław West (2nd stage) MLP Business Park Poznań Building permit for the buildings expected 4Q 2024 and subsequent possible start of Approx. 32,000 sqm of warehouse and office area – demolishmen
Slide 62: City Logistics by portfolio's Gross Asset Value
6. KEY CHALLENGES 2024 City Logistics (MLP Business Parks) by portfolio’s Gross Asset Value as at 31.12.2023 as at YE 2028 7% TARGET 30% 70% 93% Big Box City Logistic MLP BUSINESS PARK SCHALKE MLP BUSINESS PARK ŁÓDŹ MLP BUSINESS PARK BERLIN MLP BUSINESS PARK POZNAŃ Investor presentation March 2024 6
Slide 63: Gross Asset Value YE 2023 & YE 2028 by asset type
6. KEY CHALLENGES 2024 Gross Asset Value YE 2023 & YE 2028 by asset type as at 31.12.2023 as at YE 2028 3% 4% 15% TARGET 33% 63% 82% POLAND GERMANY & AUSTRIA ROMANIA Investor presentation March 2024 63 MLP GROUP 2022 RESULTS
Slide 64: 7. Sustainable Development
7. SUSTAINABLE 7. SUSTAINABLE DEVELOPMENT DEVELOPMENT Investor presentation March 2024
Slide 65: Energy
7. SUSTAINABLE DEVELOPMENT Energy 100% GREEN ENERGY DELIVERED TO OUR CLIENTS MLP has contracted renewable energy to all parks by 2028 Importance to tenants: • Zero carbon emission • Tenant’s ESG ambitions • Renewable Energy as a crucial factor in the tendering processes both for tenant’s suppliers a
Slide 66: Solar panels
7. SUSTAINABLE DEVELOPMENT Solar panels ENERGY PRODUCTION ULTIMATE INCOME SOLAR PANELS INSTALLED CAPACITY Poland: (MWp) • 2024: 3 575 MWh – PLN 2.9 mln • 2025: 6 420 MWh – PLN 5.1 mln 10.5 Germany 3.38 • 2024: 1 200 MWh – EUR 230 ths 7.12 Austria 1.45 • 2025: 500 MWh EUR 75 ths 4.67 Romania 7.12 5.6
Slide 67: 8. ESG Strategy
8. ESG STRATEGY Investor presentation March 2024
Slide 68: ESG driven by economics
8. ESG STRATEGY MLP GROUP S.A. => ESG driven by economics E – Enivironmental goal Reducing the company's negative impact on the environment Tasks to achieve this goal: • renewable energy from PV + Energy efficiency • reducing water consumption • waste management • bio-diversity S - Social goal Drive
Slide 69: ESG strategy: Governance goal
8. ESG STRATEGY For MLP GROUP S.A. G - Governance goal Incorporate ESG into business operations and reconcile corporate and social interests Tasks to achieve this goal: • consider issues relating to the environmental impact of projects, • human rights and climate change • in decision-making processe
Slide 70: Thank you!
Thank you! MLP GROUP S.A. ul. 3 Maja 8, 05-800 Pruszków, tel. +48 22 738 30 10 ir@mlpgroup.com www.mlpgroup.com