Dimand Societe Anonyme Development & Exploitation Of Real Estate & Constructions Services & Holding · ATHEX:DIMAND
Dimand Societe Anonyme Development & Exploitation Of Real Estate & Constructions Services & — Dimand — Investor Presentation (April 2026)
19 slides from Dimand Societe Anonyme Development & Exploitation Of Real Estate & Constructions Services &'s investor presentation, April 2026
Slide 1: Investor Presentation – Dimand Real Estate Development
Investor Presentation Dimand Real Estate Development Athens, April 2026
Slide 2: Our vision at Dimand
Our vision at Dimand is to enhance the urban environment while upholding the principles of sustainability, innovation, and inclusive growth, ensuring rewarding outcomes for the company, its employees and shareholders. | page 2
Slide 3: | page 3
-DIMAND
Slide 4: Macros & Real Estate Trends
Macros & Real Estate Trends Global Trends & Macros Local Trends & Macros Geopolitical tension & uncertainty Greek economy resilient & outperforming EU average Reduced oil supply drives price surges Athens Exchange upgraded by MSCI Inflation signs & expectations rise Investor appetite continues Inter
Slide 5: 2025 Year-to-Date Corporate Facts
2025 Year-to-Date Corporate Facts • Solid FY2025 performance in line with FY2024 • Asset monetization (exit) continues • Material new assets secured (Gournes Crete, Cambas Attica) • Gross Development Value (GDV) of Assets under Management almost doubles • Stock performance improved | page 5
Slide 6: Equity and NAV Evolution
Equity and NAV Evolution 217.5 206.1 180.3 172.6 in € m 2022 2023 2024 2025 Assets 182.4 259.0 299.8 365.8 140.0 133.6 Debt 45.8 81.5 73.8 99.0 122.4 125.5 Other liabilities 14.2 43.9 33.1 37.0 Equity 122.4 133.6 192.9 229.8 Non-controlling interests - - (20.3) (23.6) Equity attributable to the 122.
Slide 7: Operating Performance
Operating Performance in € mn 2022 2023 2024 2025 EBITDA 7.1 19.3 58.0 45.6 EBITDA attributable to the Company’s shareholders 7.1 19.3 43.5 44.4 Profit /(loss) before tax attributable to the (5.1) 17.0 40.0 40.9 Company’s shareholders Net profit / (loss) attributable to the Company’s (7.8) 13.2 37.0
Slide 8: Debt and Liquidity Evolution
Debt and Liquidity Evolution 99.0 81.5 in € mn 2022 2023 2024 2025 73.8 Loans 43.6 78.2 70.7 93.9 Lease liabilities 2.2 3.3 3.1 5.1 53.4 Gross Debt 45.8 81.5 73.8 99.0 45.8 Cash 10.0 12.4 38.3 50.1 40.3 Restricted cash - 2.0 2.0 3.3 Net Debt 35.8 67.1 33.5 45.7 14.4 10.0 Net Debt / Total Assets 19.6
Slide 9: Investment cycle evolves as planned
Investment cycle evolves as planned in € mn 2022 2023 2024 2025 Post 20251 GDV (AUM) 915 1,195 1,024 1,357 1,768 GDV (Dimand share) 723 956 813 1,169 1,578 % Diff 32.2% (14.9)% 43.7% 35.1% Commentary: • Project Gournes, Crete, acquired in FY 2025 with a GDV of c. €351mn. • Project Cambas, Attica, wa
Slide 10: Key Projects Status Update
Key Projects Status Update Piraeus amounts in €mn Patissia DI Terna IQ Athens FIX Aghialos1 3V Gournes Tower Completion Year 2024 2025 2026 2027 2027 2028 2028 20293 Exit Year2 2026 2026 2026 2026 - 2027 2028 ≤2029 ≤2029 20303 % let / pre-let4 86% 100% 100% 30% - - - - % pre-sold - - - - - - - - GDV
Slide 11: Skyline Real Estate Snapshot
Skyline Real Estate Snapshot Timeline Transaction structure May-2022: Binding offer Portfolio value at Closing1: € 298mn Feb-2023: SPA execution Senior debt: up to € 156mn Dec-2024: Closing Pre-closing sales profit benefits Investor @ 65% Portfolio Dimand’s invested capital (as of 31.12.2025) 695 pr
Slide 12: Creating the cities we want to live in
CREATING THE CITIES WE WANT TO LIVE IN www.dimand.gr
Slide 13: Appendix
Appendix
Slide 14: Diversified current development portfolio
Diversified current development portfolio 13 projects under development as at 31.12.2025 Current Development Portfolio A Ready to Deliver B Under Construction Planning & C 12% Projects Development 26% 26% 11% 469k €1,357 mn 43% 2 2 9 13% sqm GDV projects projects projects 34% 36% 11,725 sqm 9,134 sq
Slide 15: Summary Valuation
Summary Valuation (amounts in €m, unless stated otherwise) Dimand Working Remaining Estimated completion Fair Value Gross Development Estimated Investment Sector GBA (sqm) ownership progress (WIP) construction cost date (100%) Value (100%) annual rent (3) (%) rate (%) (1) Piraeus Tower (2) Mixed Use
Slide 16: Consolidated statement of financial position - IFRS
Consolidated statement of financial position - IFRS Amounts in € Dec-2025 Dec-2024 Assets Non-current assets Investment property 174,589,657 141,784,782 Property and equipment 1,255,363 908,326 Intangible assets 9,716 5,485 Investments in Joint Ventures accounted for using the equity method 96,350,4
Slide 17: Consolidated statement of comprehensive income - IFRS
Consolidated statement of financial position - IFRS Amounts in € FY 2025 FY 2024 Revenue 59,867,865 28,423,718 59,867,865 28,423,718 Net fair value gains on investment property 30,357,153 11,308,662 Construction cost (41,266,372) (14,462,603) Gain from disposal of investment property 559,209 - Prope
Slide 18: Creating the cities we want to live in
CREATING THE CITIES WE WANT TO LIVE IN www.dimand.gr
Slide 19: Disclaimer
Disclaimer • By viewing or receiving this presentation, you are agreeing to be bound by the following limitations. • The information contained in this presentation has been prepared by Dimand S.A. (the “Company”) and has not been independently verified and will not be updated. No representation, war