Slide 1: The French listed property company specialized in city-centre retail stores
THE FRENCH LISTED PROPERTY COMPANY SPECIALIZED IN CITY-CENTRE RETAIL STORES Presentation of the 2025 activity and results 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 Jérôme Descamps Dany Abi Azar Chariman of CFO of SELECTIRENTE Gestion SELECTIRENTE Gestion Presentation of the 2025 activity and results 3
Slide 4: Summary
SUMMARY 01 Key figures & highlights 02 Activities & operational performances 03 2025 results 04 Outlook Presentation of the 2025 activity and results 4
Slide 5: Retail stores stay the course
RETAIL STORES STAY THE COURSE GDP Inflation Household Volume invested in France France consumption retail stores in France +0.9% +0.9% +0.3% +13% In 2025 In 2025 In 2025 In 2025 (€3bn) Better than expected Back to normal Slight slowdown in spending Resilience confirmed Major trends favoring local re
Slide 6: Key figures & highlights
KEY FIGURES & HIGHLIGHTS 01 www.selectirente.com 6
Slide 7: Key figures - 2025
KEY FIGURES - 2025 € 577m 95.6% 399 assets Average annual financial and Value of assets excluding occupancy rate transfer duties (vs 94.1 % in 2024) 518 tenants €30.2m Cash & undrawn bank credit €4.5 / share line EPRA Earnings Gross rental income (Rents : +3.5% on a like-for-like basis) > €60m (-8.6
Slide 8: 2025 highlights
2025 HIGHLIGHTS Dynamic recovery in acquisitions for €18.7m Selective and rigorous leasing activity in 2025 in terms of relocations and lease renewals Continuation of the arbitrage programme in 2025, resulting in the sale of 11 assets for €12.4m, generating a distributable capital gain of €6.9m (€1.
Slide 9: Activities & operational performances
ACTIVITIES& OPERATIONAL PERFORMANCES 02 www.selectirente.com 9
Slide 10: Acquisitions: sustainable recovery in the investment cycle
ACQUISITIONS SUSTAINABLE RECOVERY IN THE INVESTMENT CYCLE FOCUS | Acquisition of two portfolios in 2025 Acquisitions: €18.7m Paris and the Paris region ➢ 16 city-centre retail stores 10 commercial Cost price → Per unit + 2 portfolios ≈ €11m premises → Mainly in Paris and the inner suburbs of the Par
Slide 11: Strategic disposals: value creation & asset optimisation
STRATEGIC DISPOSALS VALUE CREATION & ASSET OPTIMISATION Since its creation, SELECTIRENTE has demonstrated its strong resilience and ability to create value by selling non-strategic or mature assets at attractive prices to optimise its portfolio. CREATING VALUE REFOCUSING THE ASSETS Results through c
Slide 12: Asset management is a key pillar of growth
ASSET MANAGEMENT IS A KEY PILLAR OF GROWTH Value accretion Value accretion Value accretion through through leasing through leasing new leasing 2025 2025 2025 COMMERCIAL PREMISES COMMERCIAL PREMISES COMMERCIAL PREMISES Rue Aristide Briand – Fontainebleau (77) Rue Jouffroy d’Abbans – Paris 17e Rue du
Slide 13: Increase in asset valuation +1.8% like-for-like
INCREASE IN ASSET VALUATION +1.8% on a like-for-like basis CHANGE IN THE VALUE OF DIRECT REAL ESTATE PORTFOLIO (€M) +2.7% (+1.8% on a like-for-like basis) +17,0 +10,6 567,8 552,4 -12,2 31/12/2024 Acquisitions(excluding Acquisitions (HD/HF) Arbitrages Disposals Variation Changedes valeurs in value 31
Slide 14: Diversification of the portfolio at the end of December 2025
DIVERSIFICATION OF THE PORTFOLIO AT THE END OF DECEMBER 2025 A granular (399 assets and 518 tenants) & diversified portfolio of high quality, directly owned properties, with 86% of the portfolio consisting of city-centre retail properties, more than 64% of which are located in Central Paris Distribu
Slide 15: The granularity of the portfolio at the end of December 2025
THE GRANULARITY OF THE PORTFOLIO AT THE END OF DECEMBER 2025 The granularity & diversification of SELECTIRENTE’s tenants is in the core DNA and investment strategy of the company Sector distribution of direct real estate portfolio (% of annual rental income) Household goods Personal Services (real e
Slide 16: Increase in rents on a like-for-like basis
INCREASE IN RENTS ON A LIKE-FOR-LIKE BASIS ➢ Rents: +3.5% on a like-for-like basis ➢ Gross rental income: €30.2m, +1% +3,5 % CHANGE IN IFRS RENTS (on a like-for-like basis) Relocation and Transfer of Collective New lease renewal business proceedings vacancy assets 16 Presentation of the 2025 activit
Slide 17: Dynamic and rigorous rental management
DYNAMIC AND RIGOROUS RENTAL MANAGEMENT SELECTIRENTE : Manager Property management Closeness to Disposal policy: excellent track record SELECTIRENTE entrusted to SOFIDY, a tenants and strategic, active and in the retail sector, Gestion : in-depth leading historical player retailers continuous, creati
Slide 18: Results: financial & non-financial elements
RESULTS| FINANCIAL & NON-FINANCIALELEMENTS 03 www.selectirente.com 18
Slide 19: Resilience of financial KPIs
RESILIENCE OF FINANCIAL KPIs Strong financial indicators despite weaker short-term performance of indirect real estate Gross rental income (€m) EPRA Earnings (in €/share) 30,3 30,0 30,2 5,6 28,1 4,9 4,7 4,0 4,5* 22,4 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 EPRA NTA NAV Net Cash Flow (in €/
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) 4.2 3.80 4.1 4.0 3.60 3.45 3.50 3.25 (Basis 100 – IPO) 3.20 2.80 2.90 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025* * subject to approval by the General Meeting of Sha
Slide 21: Strengthening of the financial structure
STRENGTHENING OF THE FINANCIAL STRUCTURE STRUCTURING OPERATION TO ACCELERATE THE COMPANY'S GROWTH In December 2025, new SLL of €25m with a new banking partner – Crédit Agricole d’Ile-de-France • €25m corporate credit line with Crédit Agricole Ile-de-France (CADIF) • Similar to the previous €80m SLL
Slide 22: Outstanding debts post-refinancing
OUTSTANDING DEBTS POST-REFINANCING CONSOLIDATED FINANCIAL STRUCTURE TO SUPPORT CONTINUED GROWTH Evolution of the outstanding capital by year and by type of debt 250 223 219 As at 31 Décember 2025 200 • EPRA LTV : 33.3% Outstanding Capital (€M) 125 150 125 • Average residual maturity : ~3 years 115 1
Slide 23: SLL & ESG KPIs
SLL & ESG KPIs ➢ SELECTIRENTE has strengthened its commitment to sustainable development by signing a new €25 million corporate credit line in the form of a Sustainability-Linked Loans (SLL) ➢ This financing is based on non-financial performance criteria similar to the two previous SLLs signed in 20
Slide 24: ESG commitments
ESG COMMITMENTS SELECTIRENTE has been strongly committed to developing and implementing a rigorous ESG policy for several years. The 12 mesurable and quantifiable objectives, taken by SELECTIRENTE, have been reached as for 2024*. SOCIAL ENVIRONMENT GOVERNANCE Working towards the development of Integ
Slide 25: Outlook
OUTLOOK 04 www.selectirente.com 25
Slide 26: 2026 outlook
2026 OUTLOOK ACCELERATING GROWTH AND ESTABLISHING THE COMPANY AS THE LISTED PROPERTY COMPANY FOR CONVENIENT SHOPS IN EUROPE Prioritise mobilising an investment capacity of around €60m by seizing the best acquisition opportunities offered by the market in Paris and other major French and European cit
Slide 27: Follow us on LinkedIn
Follow us on LinkedIn https://www.linkedin.com/company/selectirente/ Dany ABI AZAR – Directeur Administratif et Financier +33 (0)1 69 87 02 00 – dany.abiazar@selectirente.com Aliénor KUENTZ – Directrice conseil SHAN 33 (0)6 28 81 30 83 – alienor.kuentz@shan.fr Presentation of the activity and result