Nexity Sa · EURONEXT:NXI
Nexity Sa — Non-Deal Roadshow (January 2025)
27 slides from Nexity Sa's roadshow presentation, January 2025
Slide 1: Governance Roadshows
Governance Roadshows Reiwa – Nexity’s future head office – Saint-Ouen (Seine-Saint-Denis)
Slide 2: Disclaimer
Disclaimer The information contained in this document has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained
Slide 3: Agenda
01 Nexity at a glance 02 General items on the agenda for the next AGM 03 Corporate governance 04 Remuneration policy 05 Appendices La Cartoucherie – Toulouse (Haute-Garonne)
Slide 4: Nexity at a glance
01 Nexity at a glance Secteur E, Les Belvédères – Saint-Ouen (Seine-Saint-Denis)
Slide 5: Key points at mid-January
01. Nexity at a glance Key points at mid-January 1 A new cycle began in September thanks to lower interest rates, but was thwarted in November by the economic and political context Market • Interest rates starting to come back down (down 100 bps (1)); mortgage production up (up 23%(2)) • Uninterrupt
Slide 6: Ongoing implementation of the transformation plan focused on our "4 Rs"
01. Nexity at a glance Ongoing proactive implementation of the transformation plan focused on our “4 Rs” The “4 Rs”: Clear roadmap Ongoing deleveraging Refocusing Deployment of the disposal plan (incl. PMI(1), NPM(2), 50% of Bien’Ici); WCR control actions Undrawn credit facility at end-October: €800
Slide 7: General items on the agenda for the next AGM
02 General items on the agenda for the next AGM Art’chipel – Marseille (Bouches-du-Rhône)
Slide 8: Agenda of the Annual General Meeting of 22 May 2025 (1/2)
02. General items on the agenda for the next AGM Agenda of the Annual General Meeting of 22 May 2025 (1/2) ➢ Approval of the consolidated and the parent company financial statements for 2024 ➢ Approval of the regulated agreements ➢ Governance: ▪ Renewal of board members • Véronique Bédague (Chairwom
Slide 9: Agenda of the Annual General Meeting of 22 May 2025 (2/2)
02. General items on the agenda for the next AGM Agenda of the Annual General Meeting of 22 May 2025 ➢ Change in articles of association: ▪ Transfer of head office ▪ Update in accordance with the entry into force of the Attractiveness Law ➢ Authorization for the Board of Directors to reduce the shar
Slide 10: Corporate governance
03 Corporate governance Green business park – La Garenne-Colombes (Hauts-de-Seine)
Slide 11: An effective board of directors: independence and gender representation
03. Corporate governance An effective board of directors: independence and gender representation i i P P i P Véronique Bédague Charles-Henri Filippi Agnès Nahum Jérome Grivet Florence Verzelen Chairwoman & CEO Vice-Chairman Senior Independent Director i i i P AG2R La Mondiale Enrique Martinez Crédit
Slide 12: Executive Company officers term of office at the 2025 AGM
03. Corporate governance Executive Company officers term of office at the 2025 AGM Véronique Bédague Jean-Claude Bassien Chaiwoman of the Board & CEO Deputy CEO 1st nomination: 19 May 2021 1st nomination: 19 May 2021 • Chairwoman of the Strategy and Investment Committee Proposition of renewal of the
Slide 13: Combining the functions of Chairwoman of the Board and CEO
03. Corporate governance Combining the functions of Chairwoman of the Board and CEO, necessary for the transition to the New Nexity Tightened governance system Important counter-power towards the governance ➢ Relevant in a complex environment ➢ A Vice-Chairman, also Chairman of the Remuneration and
Slide 14: Directors term of office at the 2025 AGM
03. Corporate governance Directors term of office at the 2025 AGM Florence Verzelen Crédit Mutuel Arkea Soumia Belaidi-Malinbaum Independent Director Director Independent Director Represented by Bertrand Blanpain 1st nomination: 03 April 20241 1st nomination: 19 May 2021 1st nomination: 24 March 201
Slide 15: Appointment process for directors representing the shareholder employees
03. Corporate governance Reminder on the appointment process for directors representing the shareholder employees ➢ Eddie Belmokhtar's term of office expired on 19 June 2024, following his departure from the Company ➢ At the Annual General Meeting on 22 May 2025, a new Director representing the shar
Slide 16: Remuneration policy
04 Remuneration policy Build-to-rent with Urban Campus – Massy (Essonne)
Slide 17: Reminder – 2024 remuneration (ex ante)
04. Remuneration policy Reminder – 2024 remuneration (ex ante) Véronique Bédague - Chairwoman & CEO Fixed Annual variable LTIP1 Remuneration + Rémunération 80% quantitative objectives 20% qualitative objectives + 47,000 €750k €650k Free performance shares (for 100% - max 110% for certain objectives)
Slide 18: Variable remuneration breakdown: 2024 ex post
04. Remuneration policy Variable remuneration breakdown: 2024 ex post for both Véronique Bédague & Jean-Claude Bassien Qualitative objectives : 20% • 10% for the deployment and management of the Group’s accelerated transformation towards an urban operator model • 10% for the overhaul of the organisa
Slide 19: 2025 Remuneration (ex-ante): no change compared with 2024
04. Remuneration policy 2025 Remuneration (ex-ante) : no change compared with 2024 • No change in remuneration amount compared with 2024 • Well-balanced mix: ~1/3 annual fixed – ~1/3 annual variable – ~1/3 LTIP • Same breakdown of variable remuneration objectives compared with 2024 ✓ Quantitative ob
Slide 20: Completion of a Collective share plan in April 2025
04. Remuneration policy Completion of a Collective share plan in April 2025 History of collective plans: 26 Oct 2011 24 Oct 2012 16 Dec 2015 31 May 2018 19 May 2020 18 May 2022 April 2025 Number of shares / person 63 30 40 30 35 30 85 Total volume awarded 280,602 137,970 240,360 209,070 222,670 218,
Slide 21: Appendices
05 Appendices Carré Invalides – Paris
Slide 22: Nexity at a glance
05. Appendices Nexity at a glance Nexity : France’s leading real estate company1 Shareholding structure at 30 June 2024 Urban Planning & Development Services Nexity managers and employees €3401 M A LEADER ON THE €872 M 10% Revenue,with FRENCH MARKET Revenue, €2942 M 1st 1st Floating Strategic shareh
Slide 23: Refocusing: Ongoing deleveraging
05. Appendices Refocusing: Ongoing deleveraging 2023 H1 2024 Q3 2024 Discontinuation Disposal of PMI (Property Disposal of NPM of business Management for Individuals) (Nexity Property Management) NPM: Conditions precedent were met, outside France and the sale was finalized on October 31. • Sale proc
Slide 24: Resizing: Plan to reduce operating expenses
05. Appendices Resizing: Plan to reduce operating expenses Cost savings Measures taken Status (full-year impact, target for 2026) Payroll Employee departures with Since 2022 €30m positions left unfilled Collective agreement signed (unanimously) and approved by the French labour Redundancy administra
Slide 25: Recalibrating: Adjusting uncompleted supply to fit market conditions
05. Appendices Recalibrating: Adjusting uncompleted supply to fit market conditions Ongoing implementation of proactive measures to adjust supply during the quarter Realigning selling prices with: Supply under • Our clients’ purchasing power, affected by • Selling inventory: Return to normal pace of
Slide 26: Redeploying: Shifting towards a regional, multi-product organisation
05. Appendices Redeploying: Shifting towards a regional, multi-product organisation, focused on development and urban regeneration 240 Commitment Committee projects reviewed since 01/01/2024 NEW NEXITY: 17,000 units, of which New organisation fully operational >20% urban regeneration starting 1 Janu
Slide 27: nexity.group
19, rue de Vienne 75 008 Paris Tél. : +33 (0)1 85 55 10 00 nexity.group