Helios Re Socimi, S.a. · BME:SCHLR
Helios Re Socimi — Lar España Real Estate SOCIMI — Q1 2021 Earnings Presentation
18 slides from Helios Re Socimi's earnings presentation, May 14, 2021
Slide 1: Q1 21 Business Update
Q 1 2 1 B U S I N E S S U P D AT E 14th May 2021 www.larespana.com
Slide 2: Contents
Contents 1 2 3 4 Summary Operating Financial Highlights & performance information Next steps and ESG 2
Slide 3: Summary
lor eee Summary
Slide 4: Summary
Summary Comparability Q1 21 REVENUES It´s important to highlight that while in Q1 20 there was lockdown only for a few days, in Q1 REACHED €21MN, 21 restrictions remained in effect in several regions the whole quarter DESPITE THE PANDEMIC Disposals The sale of 22 commercial premises leased to Eroski
Slide 5: Operating performance
Operating performance 2 5
Slide 6: Resilient Portfolio
Operating performance Resilient Portfolio Tenant mix 30.4% 19.2% Fashion Home Multiproduct offer Responsible management Lar España assets guarantee all health-hygiene 13.4% 15.6% Balanced portfolio that has been key to react Leisure & Entertainment safety, social distancing and communication Food &
Slide 7: Footfall and Sales numbers recovery
Operating performance Footfall and Sales numbers recovery 140,00% GLA open (monthly average) Footfall recovery vs prev year Sales recovery vs prev year 120% 99% 120,00% 115% 100% 109% 100% 105%* 101% 98% 94% 98% 99% 100,00% 91% 104% 81% 80% 109% 94% 96% 92% 93% 93%* 80,00% 91% 72% 84% 64% 60% 74% 60
Slide 8: 81.3% of rent collected over invoiced in Q1
Collections in Q1 21 (Cash Flow) Q1 2021 + Collected Additionally in Q1, more than 3% of the pending amounts of 2020 81.3 % over rents invoiced in have been collected, reaching more than 93% the amount collected 81.3% of rent Q1 over the amount invoiced in 2020 collected over invoiced in Q1 Lease in
Slide 9: Leasing Activity
Operating performance Leasing Activity 12 operations +1.5% €0.5 Mn over >1,000 signed in Q1 21 rent uplift negotiated rent existing contracts VidaNova Parc (Sagunto) Vistahermosa (Alicante) Megapark (Barakaldo) 1,100 sqm leased to sports chain Joma New opening 1,700 sqm of Ozone Bowling New opening
Slide 10: Financial information & ESG
Financial information & ESG 3 10
Slide 11: Results and Assets Q1 2021
Financial information & ESG Results Assets Operating € 21 Mn Outperforming the Spanish market Results in GRI Q1 2021 € 15.9 Mn 5.8% NOI EPRA “topped-up” NIY € 11.7 Mn € 9.4 Mn 95% EBITDA RECURRING PROFIT of the Occupancy2 31 March 2021 period €1,417 Mn c.3 years GAV WAULT € 5.5 Mn €10.46 EPRA Earnin
Slide 12: Corporate ESG
Financial information & ESG Corporate ESG +17,000 jobs Corporate €27.5Mn 6.7% Results in 2020 Dividend Dividend Yield generated in 2020 Q1 2021 €0.31 p.s. approved dividend Over market cap New BREEAM certifications in Abadía, El Rosal, Megapark and Gran Vía de Vigo with Very 3rd SBB Good and Excelle
Slide 13: Financial strength
Financial information & ESG Financial strength €563.6 Mn €756.6 Mn 39.8% Refinancing process Net LTV Net financial debt Gross financial debt already started, with more than one year of margin 2.2% 3 years 100% of covenants complied Average cost of debt Average debt maturity 13
Slide 14: Consolidated Income Statement Q1 2021 vs Q1 2020
Financial information & ESG Q1 2021 Q1 2020 Consolidated Income Statement (€ Millions) Recurring Non-Recurring Total Recurring Non-Recurring Total Rental Income 20.3 - 20.3 24.1 - 24.1 Other Income 0.6 - 0.6 0.8 - 0.8 Personnel expenses (0.1) - (0.1) (0.1) - (0.1) Other expenses (6.8) (3,3) (10.1) (
Slide 15: Exemplary property management and good governance
Financial information & ESG Environment Exemplary property management and good governance Environment Energy consumption performance Electricity Emissions 2020 Waste 2020 Water consumption 2020 consumption per visitor 2020 2020 541 Ton eq CO2 of scope 1,2 &3 Waste generation -34.6% vs 2019 LfL 34.2
Slide 16: Highlights & Next steps
Highlights & Next steps 4 16
Slide 17: Highlights and Future Drivers
Highlights & Next steps Highlights Despite the situation, remarkable rental income, with good prospects for the rest of the year Future Drivers: strong financials, Successful disposal of supermarket portfolio with 24% capital gain active management, safety portfolio and Occupancy remains strong at c
Slide 18: www.larespana.com
—_— lar www.larespana.com
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