Slide 1: The French listed property company specialised in city-centre retail stores
THE FRENCH LISTED PROPERTY COMPANY SPECIALISED IN CITY-CENTRE RETAIL STORES Investor presentation October 2025 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 – October 2025
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 €51bn as at 06/30/2025) One of the only pure player European listed property companies specialised in city-centre retail
Slide 5: Evolution of the company
EVOLUTION OF THE COMPANY €578m portfolio value as at 30th June 2025 1st SLL1 – €80m Early refinancing of the RCF with the historical banking partners in July 2024 €315m SELECTIRENTE's operational €240m and financial performance is bank refinancing portfolio value in February 2022 to constantly impro
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 – October 2025
Slide 9: Dynamic rental management, evolution and 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 June 2025
DIVERSIFICATION OF THE PORTFOLIO AT THE END OF JUNE 2025 €551m of granular & diversified high quality portfolio (392 assets & 509 leases), held directly, composed of 85% high street retails assets and located more than 63% within Central Paris (city-center) Distribution of direct real estate portfol
Slide 11: The granularity of the portfolio at the end of June 2025
THE GRANULARITY OF THE PORTFOLIO AT THE END OF JUNE 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 estat
Slide 12: Strategy
STRATEGY 12 Investor presentation – October 2025
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 through Value accretion through Value accretion through Lease transfer Leasing new leasing 2023 2024 2025 COMMERCIAL PREMISES COMMERCIAL PREMISES COMMERCIAL PREMISES Rue Rambuteau - Paris 1st & 3rd Rue de la Verrerie - Aix-en- Provence Rue d
Slide 15: Strategic disposals: value creation and 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 – October 2025
Slide 17: Good momentum for retail stores and city centres
GOOD MOMENTUM FOR RETAIL STORES AND CITY CENTRES Household consumption: Retail investment: 75% 64% of consumers believe that physical of French people try to shop in +0.7% €1.8bn physical stores rather than on the shops are an important contact point, even if they buy online from the same Estimated
Slide 18: Paris focus - the capital, driving retail activity
PARIS FOCUS - THE CAPITAL, DRIVING RETAIL ACTIVITY Footfall – particularly from tourists – remains strong and major shopping streets are INVESTMENT MOMENTUM bustling, with a marked return of air traffic to the Île-de-France region. Marked enthusiasm from international brands – with an intense pace o
Slide 19: 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 20: ESG commitments
ESG COMMITMENTS 20 Investor presentation – October 2025
Slide 21: 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 22: Inaugural sustainable financing & ESG criteria compliance
Inaugural sustainable financing & ESG criteria compliance ➢ SELECTIRENTE has strengthened its commitment to sustainable development by transforming two lines of credit into Sustainability-Linked Loans (SLL). ➢ These loans incorporate ESG objectives linked to three extra-financial performance criteri
Slide 23: Solid operating and financial performance
SOLID OPERATING AND FINANCIAL PERFORMANCE 23 Investor presentation – October 2025
Slide 24: A. H1 2025 highlights and performances
Solid operating and financial performance A. H1 2025 highlights and performances 24 Investor presentation – October 2025
Slide 25: Key figures - H1 2025
KEY FIGURES – H1 2025 €578m 94.7% 392 Assets Value of assets excluding Average annual financial and transfer duties occupancy rate 509 tenants €15m €4.47/share €2.2/share Gross rental income IFRS net income EPRA Earnings (+3.9% on a like-for-like basis) (+41% vs H1 2024) (-13% vs H1 2024*) €88.82/sh
Slide 26: Value creation for shareholders
VALUE CREATION FOR SHAREHOLDERS Outperformance of the stock compared to its benchmark CHANGE IN DIVIDEND (IN € / SHARE) (Basis 100 – IPO) 3.80 4.1 4.0 3.60 3.45 3.50 3.25 3.20 2.80 2.90 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 CHANGE IN EPRA NRV (IN € / SHARE) Breakdown of SELECTIRENTE capi
Slide 27: B. Evolution
Solid operating and financial performance B. Evolution 27 Investor presentation – October 2025
Slide 28: Regular growth in key performance KPIs
REGULAR GROWTH IN KEY PERFORMANCE KPIs Growth rental income (€M) EPRA Earnings (in €/share) 30.3 30.0 5,35 28.1 4,68 4.89 4,04 22.4 2021 2022 2023 2024 2021 2022 2023 2024 EPRA NTA NAV Net Cash flow (in €/share) (in €/share) 4.6 4,45 4,33 88.88 88,15 87,42 86,06 3,72 2021 2022 2023 2024 2021 2022 20
Slide 29: Sustained strong growth since 2019
SUSTAINED STRONG GROWTH SINCE 2019 PORTFOLIO (appraisal value excluding duties transfer) FOCUS 2019 –END JUNE 2025 (in €m) €30M ~€30 M** €578m* €576M €578M 570 510 509 2019 capital increase - €217m 470 366 €315M €16M 370 €15M 270 Assets value Rental income Number of 170 (annual basis) tenants 2013 2
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 In February 2022 with BECM, HSBC, Crédit du partners Nord and Société Générale • A 5-year term corporate mortgage loan of • Corporate loan of €100m - mainly to
Slide 31: Outstanding debts post-refinancing
OUTSTANDING DEBTS POST-REFINANCING Evolution of the outstanding capital by year and by type of debt 250 As at 30 June, 2025 206 200 194 • EPRA LTV : 34.8 % Outstanding Capital (€M) • Average residual maturity : ~3.5 years 150 • Share of debt at fixed rate and/or hedged: 100% • Average cost of debt :
Slide 32: C. 2025 Outlook
Solid operating and financial performance C. 2025 Outlook 32 Investor presentation – October 2025
Slide 33: 2025 Outlook
2025 OUTLOOK Pursuing the wise and selective growth dynamic… ….and keeping the value creation strategy • By capitalising on : • through disciplined and rigorous property management based on • its resilient asset base, with strong cash flow the expertise and track record of the operational teams (pro
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 – October 2025