Dimand Societe Anonyme Development & Exploitation Of Real Estate & Constructions Services & Holding · ATHEX:DIMAND
Dimand Societe Anonyme Development & Exploitation Of Real Estate & Constructions Services & — Dimand — Investor Presentation (November 2025)
16 slides from Dimand Societe Anonyme Development & Exploitation Of Real Estate & Constructions Services &'s investor presentation, November 2025
Slide 1: ATHEX MidCap Investor Presentation
ATHEX MidCap Investor Presentation Dimand Real Estate Development Athens, November 2025
Slide 2: Our vision at Dimand
Our vision at Dimand is to enhance the urban environment while upholding the principles of sustainability, innovation, and inclusive growth, ensuring rewarding outcomes for the company, its employees and shareholders. | page 2
Slide 3: | page 3
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Slide 4: Macros & Real Estate Trends
Macros & Real Estate Trends Global Trends & Macros Local Macros US tariffs effect less than expected. Greek economy upgrade continues. Dollar weakened c. 10%. Inflation contained. EU inflation stabilized. Construction cost stabilized. EU fiscal policy stabilizing. Contractor supply still less than d
Slide 5: 2025 Year-to-Date Corporate Facts
2025 Year-to-Date Corporate Facts • Positive H1 performance in line with FY2024 • Material new assets secured (Gournes Crete, Cambas Attica) • Targeted exit discussions in progress, but not finalized | page 5
Slide 6: Financial Snapshot
Financial Snapshot Highest governance and reporting standards Price per share1 9.46 (€) - Athens Stock Exchange (ATHEX) Market Cap1 177 (€ million) - Global real estate Sustainability Benchmark (GRESB) Reference Guide Investment - Global reporting (GRI) Standards Property & JVs2 259 (€ million) NAV2
Slide 7: Capital Structure
Capital Structure in € ‘000s 2022 2023 2024 Η1 2025 194,974 180,274 184,011 Assets 182,424 259,031 299,846 321,172 172,609 Debt 45,768 81,472 73,845 76,223 Other liabilities 14,227 43,925 33,130 37,787 140,049 125,528 133,633 Equity 122,429 133,633 192,871 207,162 122,429 Non controlling interests -
Slide 8: Operating Performance
Operating Performance in € ‘000s 31.12.2022 30.06.20235 31.12.2023 30.06.20245 31.12.2024 30.06.20255 EBITDA 7,105 12,708 19,263 25,484 58,024 57,869 Profit /(loss) before tax attributable to the (5,146) 3,917 17,019 22,783 40,027 38,876 Company’s shareholders Net profit / (loss) attributable to the
Slide 9: Investment cycle evolves as planned
Investment cycle evolves as planned in € ‘000s 31.12.2022 31.12.2023 31.12.2024 30.06.2025 Completion GDV (AUM) 915,151 1,194,863 1,023,695 1,032,486 Completion GDV (Dimand share) 723,040 955,710 813,415 819,853 % Diff 32.2% (14.9)% 0.8% Commentary: 6 project exits in FY 2024 with a completion GDV (
Slide 10: Key Projects Status Update
Key Projects Status Update Piraeus amounts in €m Minion 2 Patissia DI TERNA IQ Athens Aghialos FIX 3V Tower Target exit 2025 2025 2025 2026 2027 2027 2027 2028 % let / pre-let 1 82% 100% 100% 100% 30% - - - % pre-sold - - - - - - - - GDV 138.4 53.7 25.3 53.3 189.2 160.0 154.1 126.7 Exit value - - -
Slide 11: Skyline Real Estate Snapshot
Skyline Real Estate Snapshot Timeline Transaction structure May-2022: Binding offer Portfolio value at Closing1: € 298mn Feb-2023: SPA execution Senior debt: up to € 156mn Dec-2024: Closing Pre-closing sales profit benefits Investor @ 65% Portfolio Expected returns 695 properties – € 438m Running (Y
Slide 12: Appendix
Appendix
Slide 13: Diversified current development portfolio of 14 projects
Diversified current development portfolio of 14 projects 14 projects under development/ready to deliver as at 30.06.2025 Current Development Portfolio 4% Ready to Deliver Planning & 1 A B Under Construction C 1 3 Projects Development 2% 15% 1 15% €1,032 mn 4 2 8 Type GDV projects projects 4 projects
Slide 14: Summary Valuation
Summary Valuation (amounts in €m, unless stated otherwise) Working Remaining Gross Estimated Dimand ownership Estimated progress Fair Value Investment Sector GBA (sqm) construction Development annual (%) completion date (WIP) rate (100%) cost (1) Value (100%) rent (%) Piraeus Tower (2) Mixed Use 34,
Slide 15: Creating the cities we want to live in
CREATING THE CITIES WE WANT TO LIVE IN www.dimand.gr
Slide 16: Disclaimer
Disclaimer • By viewing or receiving this presentation, you are agreeing to be bound by the following limitations. • The information contained in this presentation has been prepared by Dimand S.A. (the “Company”) and has not been independently verified and will not be updated. No representation, war