Selectirente Sa · EURONEXT:SELER
Selectirente Sa — Investor Presentation (February 2026)
34 slides from Selectirente Sa's investor presentation, February 2026
Slide 1: The French listed property company specialized in city-centre retail stores
THE FRENCH LISTED PROPERTY COMPANY SPECIALIZED IN CITY-CENTRE RETAIL STORES Investor presentation February 2026 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: In a nutshell
IN A NUTSHELL 3 Investor presentation – February 2026
Slide 4: DNA of the SIIC
DNA OF THE SIIC Managed by SELECTIRENTE GESTION: a subsidiary wholly owned by SOFIDY, one of the main players in real estate fund management, belonging to the TIKEHAU CAPITAL (AUM €52,8 bn as at 31/12/2025) One of the only pure player European listed property companies specialised in city-centre ret
Slide 5: Evolution of the company
EVOLUTION OF THE COMPANY €577m Portfolio value as at 31/12/2025 3rd SLL1 – €25m New corporate credit line with a new banking partner 2 SLLs1 – €80m (CADIF) to support growth Early refinancing of the momentum RCF with the historical SELECTIRENTE's €240m banking partners in July operational and financ
Slide 6: A unique and opportunistic investment
A UNIQUE AND OPPORTUNISTIC INVESTMENT A niche and resilient asset class with strong growth opportunities A high quality, well-diversified portfolio, mainly located inside Paris and in the city- centres of major French metropolises, generating stable and predictable cash flow over the long term A val
Slide 7: Strong management team
STRONG MANAGEMENT TEAM Expert in property management and investment with +20 years of experience With a strong ambitions for maintaining growth momentum and continuing to create value • Strengthening position in the top 10 French cities and seizing opportunistic positions across Continental Europe •
Slide 8: Rigorous and dynamic portfolio management
RIGOUROUS AND DYNAMIC PORTFOLIO MANAGEMENT 8 Investor presentation – February 2026
Slide 9: Dynamic rental management: evolution & resilience
DYNAMIC RENTAL MANAGEMENT EVOLUTION & RESILIENCE 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 continuo
Slide 10: 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 11: 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 12: Strategy
STRATEGY 12 Investor presentation – February 2026
Slide 13: A dual growth strategy
A DUAL GROWTH STRATEGY Ability to identify projects that will create value …and an opportunistic & value 01 The local retail trade mainly… 02 accretive development Retailers and brands in city-centres, focused on the phenomenon of mainly in Paris and the Île-de-France metropolisation (sectoral and c
Slide 14: 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 15: 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 16: Commercial property: a resilient market
COMMERCIAL PROPERTY A RESILIENT MARKET 16 Investor presentation – February 2026
Slide 17: 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 18: Unlocking value in France's local retail market
UNLOCKING VALUE IN FRANCE’S LOCAL RETAIL MARKET Against a relatively turbulent macroeconomic backdrop, city-centre retail property continues to prove its resilience and remains promising. Footfall in city-centres continues to rise, fuelled by the French people's attachment to their local shops, the
Slide 19: ESG commitments
ESG COMMITMENTS 19 Investor presentation – February 2026
Slide 20: 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 21: Inaugural sustainable financing & ESG criteria compliance
INAUGURAL SUSTAINABLE FINANCING & ESG CRITERIA COMPLIANCE ➢ 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 si
Slide 22: Solid operating and financial performance
SOLID OPERATING AND FINANCIAL PERFORMANCE 22 Investor presentation – February 2026
Slide 23: Solid operating and financial performance: 2025 highlights and performances
Solid operating and financial performance A. 2025 highlights and performances 23 Investor presentation – February 2026
Slide 24: 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 25: 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 26: 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 27: Solid operating and financial performance: Evolution
Solid operating and financial performance B. Evolution 27 Investor presentation – February 2026
Slide 28: 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 29: Sustained strong growth since 2019
SUSTAINED STRONG GROWTH SINCE 2019 FOCUS 2019 – END 2025 PORTFOLIO (appraisal value excluding duties transfer) (in €m) €30m €30.2m 577 M€* €576m €577m 518 510 570 2019 capital increase €217m 470 366 €315m €16m 370 270 Assets value Rentals income Number of (annual basis) tenants 170 2013 2014 2015 20
Slide 30: Evolution of the financing structure
EVOLUTION OF THE FINANCING STRUCTURE STRUCTURING OPERATION TO ACCELERATE THE COMPANY'S GROWTH In July 2024 with the same historical banking partners • A 5-year term corporate mortgage loan of €50m with two one-year In February 2022 with BECM, extension options; HSBC, Crédit du Nord and • A new 3-yea
Slide 31: 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 32: Solid operating and financial performance: 2026 Outlook
Solid operating and financial performance C. 2026 Outlook 32 Investor presentation – February 2026
Slide 33: 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 34: Follow us on LinkedIn
Follow us on LinkedIn https://www.linkedin.com/company/selectirente/ 303 square des Champs Elysées 91080 Evry Courcouronnes FRANCE 01 69 87 02 00 selectirente@selectirente.com 34 Investor presentation – February 2026