Mlp Group Sa · GPW:MLG

Mlp Group Sa — Q3 2024 Earnings Presentation

67 slides from Mlp Group Sa's earnings presentation, November 2024

  1. Slide 1: Investor Presentation MLP Group 3Q 2024 Results

    INVESTOR PRESENTATION MLP GROUP 3Q 2024 RESULTS November 2024

  2. Slide 2: Agenda and Team

    AGENDA AND TEAM 1 MLP AT A GLANCE 3 2 3Q 2024 EXECUTIVE SUMMARY 16 3 3Q 2024 LEASING RESULTS 24 4 FINANCIAL ACTIVITY IN 3Q 2024 36 5 KEY CHALLENGES 2024/2025 53 Radosław T. Krochta Monika Dobosz Chief Executive Officer Chief Financial Officer 6 2024 NEW PLOTS 57 7 ESG STRATEGY 60 Investor presentati

  3. Slide 3: 1. MLP Group at a Glance

    1. MLP GROUP AT A GLANCE Investor presentation 1Q 2024 results, May 2024

  4. Slide 4: MLP Group Overview and Gross Investment Properties Value Split

    1. MLP GROUP AT A GLANCE MLP GROUP GROSS INVESTMENT PROPERTIES VALUE SPLIT OVERVIEW (AS OF 30 SEPTEMBER 2024) • Leading European logistics platform listed on the Warsaw Stock Exchange since PER ASSET TYPE 2013 with a current market capitalisation of €522 mn (PLN 2.3bn)(1). PER COUNTRY • Operating si

  5. Slide 5: MLP Group is Active in 4 Strong European Countries

    MLP GROUP IS ACTIVE IN 4 STRONG EUROPEAN COUNTRIES 4 1.2 2.7 7.5 core markets mn sqm mn sqm MWp GLA landbank installed PV Assets located in close proximity to large German cities, such as: Dortmund, Essen, Dusseldorf and Assets located just outside Cologne Gorzów Wielkopolski Poland Poznań Berlin (5

  6. Slide 6: Portfolio Vault and Leases Due to Expire

    1. MLP GROUP AT A GLANCE Portfolio Vault and leases due to expire 7.5 years 100% 8% 65% Average term of Retention rate Vacancy lease agreements 12% 11% 8% 4% 2024 2025 2026 2027 >2028 % of leases due to expire Investor presentation 3Q 2024 results, November 2024 6 MLP GROUP SUPERVISORY BOARD MEETING

  7. Slide 7: Accelerated Growth Since IPO in 2013

    1. MLP GROUP AT A GLANCE Accelerated growth since IPO in 2013 +419% +277%* Growth in NAV Growth in developed space from PLN 0.509 from 0.313 million sqm to PLN 2.640 billion to 1.179 million sqm +504% +288% Growth in revenues Growth in share price from PLN 46.0 from PLN 24.00 to PLN 278.3 million to

  8. Slide 8: Strong Increase in Net Asset Value Since 2013

    1. MLP GROUP AT A GLANCE Strong increase in Net Asset Value since 2013 NET ASSET VALUE (IN MN PLN) 2 640 2 498 2 396 1 825 1 212 939 727 815 647 676 509 558 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 3Q 2024 NET ASSET VALUE (IN €MN) 617 533 551 397 263 220 174 190 131 152 153 123 2013 20

  9. Slide 9: Generic NAV Development of Logistic Assets Without Acquisitions

    1. MLP GROUP AT A GLANCE Generic NAV development of logistic assets without acquisitions DEVELOPED SPACE, UNDER CONSTRUCTION & IN PREPARATION STAGE (SQM) 1 387 776 1 464 303 1 105 595 999 847 857 068 750 834 611 578 512 310 356 874 392 241 400 974 335 466 2013 2014 2015 2016 2017 2018 2019 2020 2021

  10. Slide 10: Key Points in 3Q 2024 in PLN

    1. MLP GROUP AT A GLANCE Key points in 3Q 2024 in PLN FINANCIAL HIGHLIGHTS OPERATIONAL HIGHLIGHTS 161.3 mn PLN 258.3 mn PLN 92% 7.5 yrs +8% vs. 3Q 2023 Rental income Total annualized in 3Q 2024 future rental income Occupancy WAULT 38.8 % 54.0 mn PLN 12.0% -1.8% -26% vs. 3Q 2023 3Q 2024 vs. 3Q 2023 L

  11. Slide 11: Key Points in 3Q 2024 in EUR

    1. MLP GROUP AT A GLANCE Key points in 3Q 2024 in EUR FINANCIAL HIGHLIGHTS OPERATIONAL HIGHLIGHTS 37.5 mn EUR 60.0 mn EUR 92% 7.5 yrs +15% vs. 3Q 2023 Rental income Total annualized Occupancy in 3Q 2024 future rental income WAULT 38.8 % 12.6 mn EUR 12.0% +4.2% 1) -21% vs. 3Q 2023 3Q 2024 vs. 3Q 2023

  12. Slide 12: Pillars of MLP Group and Its Key Strategic Objectives

    1. MLP GROUP AT A GLANCE Pillars of MLP Group and its key strategic objectives VERTICALLY MODERN AND STRATEGIC CONTINUOUS FOCUS ON KEY INTEGRATED SUSTAINABLE DEVELOPMENT SITES GROWTH MARKETS BUSINESS MODEL PORTFOLIO • Location Search: Provides an • Acquires development sites • Replenishes its landba

  13. Slide 13: Accelerated Landbank Acquisitions

    1. MLP GROUP AT A GLANCE ACCELERATED LANDBANK ACQUISITIONS Replenishing & growing development capacity 72% x2 ca. 72% situated adjacent Potential development to our existing of the landbank is 1.4 mn sqm or new parks which doubles the portfolio’s size POTENTIAL FOR DEVELOPMENT BY COUNTRY (IN HA) TOT

  14. Slide 14: Yielding Projects Poland & Germany (Examples)

    1. MLP GROUP AT A GLANCE YIELDING PROJECTS Poland & Germany (examples) MLP POZNAŃ MLP POZNAŃ WEST II MLP WROCŁAW MLP GLIWICE MLP PRUSZKÓW I MLP PRUSZKÓW II MLP LOGISTIC PARK UNNA MLP BUSINESS PARK BERLIN I Investor presentation 3Q 2024 results, November 2024 14

  15. Slide 15: Projects Under Construction and Preparation (Examples)

    1. MLP GROUP AT A GLANCE PROJECTS UNDER CONSTRUCTION AND PREPARATION (examples) Poland, Germany, Austria & Romania MLP ZGORZELEC MLP BUSINESS PARK POZNAŃ MLP BUSINESS PARK SCHALKE MLP PRUSZKÓW VI MLP BUSINESS PARK VIENNA MLP BUSINESS PARK ŁÓDŹ Investor presentation 3Q 2024 results, November 2024 15

  16. Slide 16: 2. 3Q 2024 Executive Summary

    2. 3Q 2024 EXECUTIVE SUMMARY Investor presentation 1Q 2024 results, May 2024

  17. Slide 17: Key Trends in the European Industrial Market

    2. 3Q 2024 EXECUTIVE SUMMARY Key trends in the European industrial market 1 Valuations bottomed out, with a trend reversal expected as yields align with interest rates. The CEE and Western Europe yield gap has returned to the long-term average. 2 Demand for warehouse space is bouncing back across Eu

  18. Slide 18: Strategic Adaptation and Market Outlook for 2024

    2. 3Q 2024 EXECUTIVE SUMMARY Strategic adaptation and market outlook for 2024 1 Improved market outlook: The most challenging period seems to be behind us, with reduced uncertainty regarding yields, inflation, and investment decisions. However, geopolitical risks and economic concerns remain potenti

  19. Slide 19: Main Highlights in PLN

    2. 3Q 2024 EXECUTIVE SUMMARY Main highlights in PLN 5.2 bn PLN 2 640.1 mn PLN 110.0 PLN 265.1 mln PLN +15% vs. YE 2023 +10% vs. YE 2023 +10% vs. YE 2023 Value of investment NAV NAV per share Net profit properties 141.4 mn PLN 54.0 mn PLN 195 K sqm 80% +4% vs. 3Q 2023 -26% vs. 3Q 2023 of our portfoli

  20. Slide 20: Main Highlights in EUR

    2. 3Q 2024 EXECUTIVE SUMMARY Main highlights in EUR 1.2 bn EUR 617.0 mn EUR 25.7 EUR 61.6 mln EUR +17% vs. YE 2023 +12% vs. YE 2023 +12% vs. YE 2023 Value of investment NAV NAV per share Net profit properties 32.9 mn EUR 12.6 mn EUR 195 K sqm 80% +11% vs. 3Q 2023 -21 % vs. 3Q 2023 of our portfolio E

  21. Slide 21: Credit Rating Outcomes

    2. 3Q 2024 EXECUTIVE SUMMARY Credit Rating Outcomes SELECTED RATING AGENCIES FOR MLP GROUP BB+ Ba2 Investor presentation 3Q 2024 results, November 2024 21

  22. Slide 22: MLP Group vs. Peer Group

    2. 3Q 2024 EXECUTIVE SUMMARY MLP Group vs. Peer Group * Notes: * As of June 30, 2024. Investor presentation 3Q 2024 results, November 2024 22

  23. Slide 23: Successful Eurobonds Issue

    2. 3Q 2024 EXECUTIVE SUMMARY Successful Eurobonds Issue SENIOR UNSECURED NOTES USES €MN Issuer • MLP Group S.A. Repay Secured Bank Loans 67 Rank • Senior Unsecured New development 150 Size • €300mn Land acquisition 66 Currency • EUR Fees in relation to contemplated bond transaction 4 Format • Green

  24. Slide 24: 3. 3Q 2024 Leasing Results

    3. 3Q 2024 LEASING RESULTS Investor presentation 1Q 2024 results, May 2024

  25. Slide 25: Market Outlook: Poland & Germany

    3. 3Q 2024 LEASING RESULTS Market Outlook: Poland & Germany POLAND GERMANY Market Growth: Poland is one of Europe’s fastest-growing Take-Up: 1.5 million sqm by Q3 2024 in Germany's top 8 markets industrial/logistics markets. (↓ 2% YoY); demand focused on small spaces (<3,000 sqm). Total Supply: 34.0

  26. Slide 26: Market Outlook: Austria & Romania

    3. 3Q 2024 LEASING RESULTS Market Outlook: Austria & Romania AUSTRIA ROMANIA New Completions: 323,900 sqm in Austria, with 90% (293,900 Take-Up: 7.66 million sqm in Romania's modern logistics property sqm) in Vienna region. market; Bucharest leads with a 46% share of leasable space. 2024 Forecast: E

  27. Slide 27: Budget for 2024 – Poland, Germany, Austria & Romania

    3. 3Q 2024 LEASING RESULTS Budget for 2024 – Poland, Germany, Austria & Romania LEASING BUDGET IN SQM 303 085 184 783 48 157 38 640 31 505 Poland Germany Austria Romania TOTAL Investor presentation 3Q 2024 results, November 2024

  28. Slide 28: Lease Agreements – Poland, Germany, Austria & Romania

    3. 3Q 2024 LEASING RESULTS Lease agreements – Poland, Germany, Austria & Romania LEASING RESULTS IN SQM 195 287* 148 640 25 971 10 108 10 568 Poland Germany Austria Romania TOTAL *Inclunding contracts concluded till end of November Investor presentation 3Q 2024 results, November 2024 28

  29. Slide 29: Budget for 2024 – New Rental Income (Annualized)

    3. 3Q 2024 LEASING RESULTS Budget for 2024 – Poland, Germany, Austria & Romania NEW RENTAL INCOME (ANNUALIZED) IN EUR 21 092 112 12 670 408 10 878 000 8 381 830 4 623 072 3 709 440 2 415 303 1 881 600 843 537 1 029 738 Poland Germany Austria Romania Total Budget Signed + to be signed by the end of N

  30. Slide 30: Buildings Under Construction

    3. 3Q 2024 LEASING RESULTS Buildings under construction BUILDINGS UNDER CONSTRUCTION AS AT 30 September 2024 164.8 K 35.0 % 12.0 mn EUR 8.7 yrs SQM Additional annualized rental income potential Already leased when full occupancy is WAULT Ongoing development reached 164 840 * 54 520 51 144 58 366 34

  31. Slide 31: Buildings Under Construction: Pre-let Contracts

    3. 3Q 2024 LEASING RESULTS Buildings under construction CONSTRUCTION WITH PRE-LET CONTRACTS 93% 88% 85% 82% 76% 74% 2019 2020 2021 2022 2023 3Q 2024 Pre let contracts =lease agreement has been signed before or during construction (before completion) Investor presentation 3Q 2024 results, November 20

  32. Slide 32: Our Clients: Partnership That Deliver Robust & Growing Income Streams

    3. 3Q 2024 LEASING RESULTS - OUR CLIENTS Partnership that deliver robust & growing income streams STRONG OPERATING METRICS 1.2 mn sqm 92% 1) 100% 100% 99% 2) Leased area Occupancy Retention rate Lease contracts Rent collection indexed with EURO (in 60 days) HICP without CAP 1) Occupancy excluding th

  33. Slide 33: Diversified Tenants' Mix

    3. 3Q 2024 LEASING RESULTS Diversified tenants’ mix LONG-TERM CONTRACTS AND DIVERSIFICATION OF TENANTS FROM A VARIETY OF INDUSTRIES CREATES A BALANCED AND STABLE YIELDING PORTFOLIO E-commerce Retail E- commerce 13% Retail 27% Average duration of lease contracts 25% Logistics 7.5 years Manufacturing

  34. Slide 34: WAULT vs. European Competition

    3. 3Q 2024 LEASING RESULTS WAULT vs. European competition WAULT (YEARS) 8.3 7.9 7.5 7.1 6.6 5.3 5.3 4.6 VGP Tritax MLP Montea CTP WDP Catena Intervest MLP GROUP 1Q 2023 RESULTS Notes: based on last reported financials as at 31.12.2023 except CTP data as of 30.06.2024 Investor presentation 3Q 2024 re

  35. Slide 35: Top Current Tenants

    3. 3Q 2024 LEASING RESULTS TOP 10 CURRENT TENANTS PROVIDE 33% OF ANNUAL RENTAL INCOME (IN SQM) 61 933 57 195 47 272 44 088 43 817 Top 10 Tenants 41 762 provide 26 690 32 977 33% of annual rental 26 407 income 25 187 MLP GROUP 1Q 2023 RESULTS Investor presentation 3Q 2024 results, November 2024 35

  36. Slide 36: 4. Financial Activity in 3Q 2024

    4. FINANCIAL ACTIVITY IN 3Q 2024 Investor presentation 1Q 2024 results, May 2024 36

  37. Slide 37: Balance Sheet in EUR ths

    4. FINANCIAL ACTI VITY Key points in 3Q 2024 – Balance sheet in EUR ths As at As at 30.09.2024 31.12.2023 in ths EUR 30.09.2024 31.12.2023 in ths EUR Non-current assets Equity Property, plant and equipment 5 710 5 677 Share capital 1 307 1 307 Intangible assets 16 22 Share premium 105 071 105 071 In

  38. Slide 38: Profit & Loss Statement in EUR ths

    4. FINANCIAL ACTIVITY Key points in 3Q 2024 – Profit & loss statement in EUR ths For the nine months ended 30 September 2024 2023 in ths EUR Rental income 37 482 32 661 Revenue from property management services 27 209 26 000 Costs of self-provided property management services (24 324) (22 056) Gross

  39. Slide 39: Financial Position in EUR mn

    4. FINANCIAL ACTIVITY Key points in 3Q 2024 - Financial position in EUR mn 3Q 2024 3Q 2023 3Q 2022 3Q 2024 YE 2023 YE 2022 CHANGE 3Q 2024 3Q 2023 CHANGE 3Q 2022 CHANGE (IN EUR (IN EUR (IN EUR (IN EUR (IN EUR (IN EUR (%) (IN %) (IN %) (p.p.) (IN %) (%) MN) MN) MN) MN) MN) MN) INVESTMENT 1 221.2 1 044

  40. Slide 40: Financial Position in PLN mn

    4. FINANCIAL ACTIVITY Key points in 3Q 2024 - Financial position in PLN mn 3Q 2024 3Q 2023 3Q 2022 3Q 2024 YE 2023 YE 2022 CHANGE 3Q 2024 3Q 2023 CHANGE 3Q 2022 CHANGE (IN PLN (IN PLN (IN PLN (IN PLN (IN PLN (IN PLN (%) (IN %) (IN %) (p.p.) (IN %) (%) MN) MN) MN) MN) MN) MN) INVESTMENT 5 225.8 4 541

  41. Slide 41: EPRA Ratios

    4. FINANCIAL ACTIVITY Key points in 3Q 2024 – EPRA ratios 3Q 2024 YE 2023 CHANGE (IN PLN MN) (IN PLN MN) (%) EPRA NRV 3 038 2 726 11% EPRA NTA 3 038 2 726 11% EPRA NDV 2 641 2 396 10% 3Q 2024 3Q 2023 CHANGE (IN PLN MN) (IN PLN MN) EPRA Earnings 75.1 40.3 86% Company adjusted EPRA earnings* 57.3 67.4

  42. Slide 42: Financial Position: LTV, ICR and FFO

    4. FINANCIAL ACTIVITY Key points in 3Q 2024 - Financial position AS AT 30.09.2024 FFO (IN EUR MN) 38.8% 15.9 LTV1) -21% 1.9x 12.6 ICR NAV in EUR mn 617 Financial debts in EUR mn (all-in) 516 among which: – Bank loans (secured on MLP's assets) in EUR mn 401 – Bonds (unsecured on MLP's assets) in EUR

  43. Slide 43: Financial Position: Revenues and Costs

    4. FINANCIAL ACTIVITY Key points in 3Q 2024 - Financial position REVENUES COSTS (IN PLN MN) (IN PLN MN) Developed space Developed space as at 30.09.2023 as at 30.09.2024 +4% 1 070 298 1 179 527 sqm sqm Recharge of utility costs 57.2 65.9 -13% 59.8 Recharge of service charges +6% 52.9 +13% 161.3 149.

  44. Slide 44: Net Asset Value Growth

    4. FINANCIAL ACTIVITY Net Asset Value Growth NET ASSET VALUE (IN MN PLN) NET ASSET VALUE (IN MN EUR) 617 2 640 2 498 533 551 2 396 1 825 397 1 212 263 939 220 815 190 2018 2019 2020 2021 2022 2023 3Q 2024 2018 2019 2020 2021 2022 2023 3Q 2024 Investor presentation 3Q 2024 results, November 2024 44 M

  45. Slide 45: Net Asset Value Growth: NAV Contribution

    4. FINANCIAL ACTIVITY Net Asset Value Growth NAV CONTRIBUTION (IN MN PLN) -50 141 -60 235 2 640 2 396 Equity as at 31.12.2023 Gain (loss) on revaluation of EBIT (without revaluationon Net finance income Income tax Equity as at 30.09.2024 investment property investment property) Investor presentation

  46. Slide 46: Loans and Bonds

    4. FINANCIAL ACTIVITY Loans and bonds EXISTING BANK LOANS BY MATURITY IN EUR MN 189 • MLP Group is a reliable financing partner, with a solid financial position. • Undrawn credit line for EUR 88.6 mn. • 80% of Bank loans are hedged against interest rate risk for 85 next 4 years. 61 44 • 60% of Bank

  47. Slide 47: Like-for-Like Rental

    4. FINANCIAL ACTIVITY LIKE-FOR-LIKE RENTAL LIKE-FOR-LIKE RENTAL MAIN DRIVERS LIKE FOR LIKE VS. LIKE FOR LIKE INCL. RENTAL INCOME FROM AREAS UNDER FIT-OUT +10.7% 2.0% 4.8% -1.8% 2.6% -1,8% 8.4% 5.4% 5.4% 5.4% -2.4% -6.0% -6.0% -6.0% -1.2% -1.2% 3Q 2023 3Q 2024* 3Q 2023 3Q 2024* exchange rate change i

  48. Slide 48: Rental Income

    4. FINANCIAL ACTIVITY RENTAL INCOME IN PLN MN 14.5 -5.2 161.3 152.0 Rental income in the nine months ended Passing rent Rent generated Rental income in the nine months ended 31.12.2023 on existing by new premises, which construction was finished 30.09.2024 (2Q-4Q 2023) space and area under fit out i

  49. Slide 49: Annualized Future Rental Income (PLN mn)

    4. FINANCIAL ACTIVITY ANNUALIZED FUTURE RENTAL INCOME BASED ON ALL SIGNED CONTRACTS (IN MN PLN) Annualized rents Annualized rents Total annualized from contracts signed from new contracts rental income before 2024 and renewals signed in 2024 89% 11% 100% 1 035 439 sqm 130 268 sqm 1 165 707 sqm 6.1 2

  50. Slide 50: Annualized Future Rental Income (EUR mn)

    4. FINANCIAL ACTIVITY ANNUALIZED FUTURE RENTAL INCOME BASED ON ALL SIGNED CONTRACTS (IN MN EUR) 60.0 52.4 44.6 37.5 30.3 25.9 2019 2020 2021 2022 2023 3Q 2024 Investor presentation 3Q 2024 results, November 2024 50 MLP GROUP 1Q 2023 RESULTS

  51. Slide 51: Change in Property Valuation in 1Q-3Q 2024

    4. FINANCIAL ACTIVITY CHANGE IN PROPERTY VALUATION IN 1Q-3Q 2024 (IN MN PLN) 207 5 167 548 4 483 -71 YE 2023 FX The change in valuation CAPEX 3Q 2024 3Q 2024 The chart above does not include value of Perpetual Usufruct. * Due to the fact the MLP Group values its property portfolio twice a year. The

  52. Slide 52: The Composition of the Revaluation

    4. FINANCIAL ACTIVITY THE COMPOSITION OF THE REVALUATION IN PLN MN 3Q 2023 (8) ( 28) LOSS ON REVALUATION: -40 (4) 2Q 2023 (224) 10 512 GAIN ON REVALUATION: +299 1Q 2023 (24) (40) 40 LOSS ON REVALUATION: -24 FX valuation change CAPEX and other adjustments Investor presentation 3Q 2024 results, Novemb

  53. Slide 53: 5. Key Challenges 2024/2025

    5. KEY CHALLENGES 2024/2025 Investor presentation 1Q 2024 results, May 2024

  54. Slide 54: MLP Group Plans for 4Q 2024-2025

    5. KEY CHALLENGES MLP Group plans for 4Q 2024-2025 In 2024 we lease our Business Park Projects in Vienna, Schalke (Gelsenkirchen), Łódź, start leasing Poznań and Big-Box projects in Poznań West, Idstein (Frankfurt am Main), Berlin-Spreenhagen. Additionally we shall strengthen MLP position by acquisi

  55. Slide 55: City Logistics (MLP Business Parks) Share of Portfolio

    5. KEY CHALLENGES 2024 City Logistics (MLP Business Parks) by portfolio’s Gross Investment Properties Value as at 30.09.2024 as at YE 2028 15% TARGET 30% 70% 85% Big Box City Logistic MLP BUSINESS PARK SCHALKE MLP BUSINESS PARK ŁÓDŹ MLP BUSINESS PARK BERLIN MLP BUSINESS PARK POZNAŃ Investor presenta

  56. Slide 56: Gross Asset Value 3Q 2024 & YE 2028 by Asset Type

    5. KEY CHALLENGES 2024 Gross Asset Value 3Q 2024 & YE 2028 by asset type as at 30.06.2024 as at YE 2028 2% 4% 21% TARGET 33% 63% 77% POLAND GERMANY & AUSTRIA ROMANIA Investor presentation 3Q 2024 results, November 2024 56 MLP GROUP 2022 RESULTS

  57. Slide 57: 6. 2024 New Plots: Planned Acquisitions

    6. 2024 NEW PLOTS PLANNED ACQUISITIONS Investor presentation 1Q 2024 results, May 2024

  58. Slide 58: 2024 New Plots – Planned Acquisitions

    6. 2024 NEW PLOTS - PLANNED ACQUISITIONS MLP CASTROP MLP BUSINESS PARK WARSAW I Land: 14.6 ha Land: 3.4 ha Space potential: ca. 50 000 sqm Space potential: 15 500 sqm Warsaw MLP RZESZÓW Castrop Łódź Land: 11.4 ha Rzeszów Space potential: 51 810 sqm MLP ŁÓDŹ IV (CHOCIANOWICKA) Land: 14.2 ha Space pot

  59. Slide 59: 2024 New Plots – Land Bank

    6. 2024 NEW PLOTS – LAND BANK MLP MAGDEBURG MLP BUSINESS PARK WARSAW II MLP BUSINESS PARK WARSAW SOUTH MLP BUSINESS PARK Poznań Warsaw MLP ŁÓDŹ IV VIENNA Magdeburg Łódź MLP RZESZÓW MLP POZNAŃ WEST Katowice Rzeszów (extension) (extension) MLP BUSINESS PARK KATOWICE MLP BUSINESS PARK Vienna BUCHAREST

  60. Slide 60: 7. ESG Strategy

    7. ESG STRATEGY Investor presentation 1Q 2024 results, May 2024

  61. Slide 61: Sustainability Key to MLP's DNA

    7. ESG STRATEGY Sustainability key to MLP’S DNA • The company’s approach to sustainable development is described Reducing the company’s impact on the environment. Tasks to achieve this goal: ENVIRONMENTAL in MLP Group's ESG Strategy, effective from 2022, which defines both aspirations and goals of M

  62. Slide 62: ESG Strategy: Code of Good Cooperation

    7. ESG STRATEGY For MLP GROUP S.A. All Business Partners of MLP Group are bound by the Code of Good Cooperation, which outlines our ethical standards and principles of cooperation with Tenants and all other Business Partners. The preparation of this document stems from our ESG strategy and our commi

  63. Slide 63: ESG Driven by Economics

    7. ESG STRATEGY MLP GROUP S.A. => ESG driven by economics E – Enivironmental goal Reducing the company's negative impact on the environment Tasks to achieve this goal: • renewable energy from PV + energy efficiency • reducing water consumption • waste management • biodiversity S - Social goal Drive

  64. Slide 64: ESG Strategy: Governance Goal

    7. ESG STRATEGY For MLP GROUP S.A. G - Governance goal Integrating ESG into business operations and aligning corporate and societal interests Tasks to achieve this goal: • assessing the impact of investments on human rights • climate change as an important aspect considered in decision-making • esta

  65. Slide 65: Green Bonds

    7. ESG STRATEGY Green Bonds Green bonds are debt securities issued to raise capital specifically for projects that have positive environmental benefits, such as renewable energy, sustainable agriculture, clean transportation, or climate change mitigation. These bonds enable investors to support envi

  66. Slide 66: MLP Group's Green Financing Framework

    7. ESG STRATEGY MLP Group’s Green Financing Framework ELIGIBLE CATEGORIES: • Green buildings; • Renewable Energy; • Clean transportation; • Energy efficiency; • Environmentally sustainable management of living natural resources and land use. The full allocation of the net proceeds from the GFIs will

  67. Slide 67: Thank you!

    Thank you! MLP GROUP S.A. ul. 3 Maja 8, 05-800 Pruszków, tel. +48 22 738 30 10 ir@mlpgroup.com www.mlpgroup.com

MLP Group — Q3 2024 Earnings Presentation on 6ix