Eurocommercial Properties Nv · EURONEXT:ECMPA
Eurocommercial Properties Nv — Investor Day (September 2025)
49 slides from Eurocommercial Properties Nv's investor day presentation, Sep 11, 2025
Slide 1: Capital Markets Day
CAPITAL MARKETS DAY Brussels - 11.09.2025
Slide 2: Woluwe Shopping: A success story written over time
WOLUWE SHOPPING A SUCCESS STORY WRITTEN OVER TIME
Slide 3: Rewinding the clock
Rewinding the clock The journey has started September 4 1968 3
Slide 4: Rewinding the clock
Rewinding the clock Inspired by US Model Initial Design - Open-Air Shopping Mall 01.01.2025 Final Built Design: Fully Covered Shopping Center TITRE DE LA PRESENTATION 4
Slide 5: Rewinding the clock
Rewinding the clock 1968 Far from today’s urban density 01.01.2025 5
Slide 6: An evolving panorama
An evolving panorama Transforming and adapting over time 01.01.2025 1989 1968TITRE DE LA PRESENTATION 1975 6
Slide 7: An evolving panorama
An evolving panorama At the heart of a densely and wealthy populated area 01.01.2025 TITRE DE LA PRESENTATION 7
Slide 8: Woluwe Shopping: From raw diamond to polished jewel
WOLUWE SHOPPING FROM RAW DIAMOND TO POLISHED JEWEL 8
Slide 9: From raw diamond to polished jewel
SUSTAINABILITY From raw diamond to polished jewel Building on solid foundations to shape tomorrow ASSET LEASING SUSTAINABILITY MARKETING 01.01.2025 9
Slide 10: Upgrading asset quality: Accessibility is key
Upgrading asset quality Accessibility is key Residential Residential City Theater DISTANCES To the Brussels airport: 9 Km To Brussels Midi: 10 Km To the Grand Place: 7 Km To the Atomium: 12 Km 01.01.2025 To the Manneken Pis: 7.5 Km Residential Residential 10
Slide 11: Upgrading asset quality: Accessibility is key
Upgrading asset quality Accessibility is key 01.01.2025 11
Slide 12: Upgrading asset quality
Upgrading asset quality Bringing back the asset’s brilliance 01.01.2025 12
Slide 13: Upgrading asset quality
Upgrading asset quality Bringing back the asset’s brilliance 01.01.2025 13
Slide 14: Active leasing management
Active leasing management Recalibrating the retail mix 40 NEW BRANDS SINCE 2018 STRONG ANCHOR TENANTS PREMIUM & INTERNATIONAL FOOD & BEVERAGE 01.01.2025 14
Slide 15: Woluwe Shopping Asset Visit
WOLUWE SHOPPING ASSET VISIT 15
Slide 16: Woluwe shopping identity card
Woluwe shopping Identity card Name: Woluwe Shopping Center Opening: Built in 1968 (extended in 1975 & 1989, refurbished in 2004 & 2019) GLA: 47 000 Sqm N. Units: 124 units (10 Medium units and 19 Food & Restaurants) Format: Regional shopping centre Owner: 100% ECP Identity: Woluwe, to the East of Br
Slide 17: Asset timeline
Asset timeline Tracing almost 60 years of evolution September 2025 1989 2004 March 2018 May 2022 1968 1975 2019 April 2023 New Premiun Second First Acquisition of New anchors Opening of the First extension Contribution ECP stores : Skins, extension to Refurbishment Woluwe from Fnac & centre to the n
Slide 18: Leasing
18 can “wueUax oN | ror = Beat ce Aled = = So a t=) ce > Lee) Galeria Inno Zara 1 ‘enuony 6a cous | Ol aumuanpy Sv WH Parc “Sai
Slide 19: Leasing: Ground floor maps
Leasing Ground floor maps Car Park 1 fo ; 8 EUROCOMMERCIAL 29
Slide 20: First remerchandising (2022)
First remerchandising (2022) Turning strategy into results Before remerchandising : First Floor • AS Adventure (2,653 m²): oversized and not in the right format • Esprit (560 m²) & We Store (745 m²): underperforming units After remerchandising : • Fnac opened its 3rd Brussels store in the former AS
Slide 21: Remerchandising (2024)
Remerchandising (2024) Turning strategy into results First Floor Ground Floor New MASSIMO DUTTI New ZARA Refurbished INNO New C&A Carrefour (360m²) (3,300m²) (12,000m²) (1,455m²) Supermarket 21
Slide 22: Remerchandising (2024)
Remerchandising (2024) Turning strategy into results Before remerchandising : • Outdated concepts for INNO, ZARA, C&A, MASSIMO and MATCH • ZARA & MASSIMO DUTTI not in the right format, needed enlargement • C&A oversized and in need of downsizing • MATCH supermarket underperforming New ZARA Refurbish
Slide 23: Remerchandising (2024)
Remerchandising (2024) Turning strategy into results 23
Slide 24: Remerchandising (2024)
Remerchandising (2024) Turning strategy into results 24
Slide 25: Remerchandising (2024)
Remerchandising (2024) Turning strategy into results 25
Slide 26: Remerchandising (2024)
Remerchandising (2024) Turning strategy into results 26
Slide 27: Remerchandising (2024)
Remerchandising (2024) Turning strategy into results 27
Slide 28: Making the difference
Making the difference With a retail offer that few centres can attract 28
Slide 29: Making the difference: New premium additions
Making the difference With a retail offer that few centres can attract New premium additions Sandro & Skins opened in August 29
Slide 30: Making the difference: More diverse food & beverage offer
Making the difference With a more diverse food & beverage offer AND MORE TO COME… 30
Slide 31: Eurocommercial ESG strategy anchored in Woluwe Shopping
EUROCOMMERCIAL ESG STRATEGY ANCHORED IN WOLUWE SHOPPING 31
Slide 32: Eurocommercial ESG framework
Eurocommercial ESG framework Sustainable and resilient 32
Slide 33: Woluwe decarbonisation plan
Woluwe decarbonisation plan A clear roadmap to meet 2030 and 2050 targets Woluwe - Decarbonisation levers Carbon Emissions DECARBONISATION ACTIVITIES 1600 -0,12% 1400 -3% • 100% Renewable energy (including tenants) 1200 -26% • Gas Dismissal and Heat Pumps -7% Carbon emissions (t CO2 e/year) 1000 -3%
Slide 34: Energy and carbon reduction: Solar panels
Energy and carbon reduction Solar panels PHASE 3 PHASE 1 PHASE 2 Number of panels Number of panels Number of panels 833 1296 492 (2024) (2020) (2021) 34
Slide 35: Energy and carbon reduction: Solar panels
Energy and carbon reduction Solar panels ANNUAL POSITIVE IMPACT 2621 panels 836 000 kWh produced per year 195 tons of CO₂ avoided 35% of the centre’s electricity consumption CONCRETE EQUIVALENTS 239 Belgian 1,950 round trips 95 cars households Brussels – Paris yearly annual by plane emissions consu
Slide 36: Energy and carbon reduction: Partial gas dismissal - Heatpumps
Energy and carbon reduction Partial gas dismissal - Heatpumps MAIN PRINCIPLE Water-cooled chiller • Optimize heating and cooling production while reducing gas consumption to lower CO₂ emissions New Heatpumps • Eliminate one boiler and replace it with a heat pump Boiler room • Interconnect all cooli
Slide 37: Energy and carbon reduction: Roof insulation program
Energy and carbon reduction Roof insulation program H2 2025 Prior to Heat Pump Installation 5 4 12 2020 9 6 15 2024 2025 13 2026 7 10 2 14 2027 14bis 8 11 2029 2030 Solar panels installed New Solar panels possible 37
Slide 38: Energy and carbon reduction: Roof insulation program
Energy and carbon reduction Roof insulation program MAIN PRINCIPLES Insulation of the mall’s glazed elevations with thermal insulation and cladding for improved energy efficiency. 12 cm PIR insulation for enhanced thermal efficiency. New white waterproofing layer to reduce heat absorption and mitig
Slide 39: Energy and carbon reduction: Already impressive results
Energy and carbon reduction Already impressive results -33% since 2019 -27% since 2019 -30% since 2019 39
Slide 40: Breeam (re)certification
Breeam (re)certification From GOOD to EXCELLENT rating PART 1 PART 2 40
Slide 41: Customer profile & catchment
CUSTOMER PROFILE & CATCHMENT 41
Slide 42: Tenants at the core
Tenants at the core From tenants to trusted business partners 2018 2024 TENANTS SATISFACTION INDEX 59 73 Before ECP Acquisition BRAND EQUITY 58 73 • Low tenant satisfaction (Insufficient) RECOMMENDATION 53 77 • No business partner approach SECURITY STAFF BEHAVIOUR 77 83 • Feeling of
Slide 43: Customer profile
Customer profile A wealthy and loyal customer base Gender Average age Balanced age profile Extremely loyal 46 11% 17% 12% 15% 14% 24% 67% 33% 1-5 years 2018 69% Female 18-24 25-34 35-44 45-54 55-64 65+ 18% 31% Male < 1 year More than 10 6% How they reach the centre Frequency of visit years 66% 6-10
Slide 44: Catchment: Evolution since acquisition
Catchment Evolution since acquisition 2022 2019 2023 Tenant Mix Upgrade with 2018 Building Awareness 2018FNAC and Mango openings New tramway, Marketing Expanding reach with boulevard works east & south the introduction of & entrances areas premium brands improved access 2024 Remerchandising & Premiu
Slide 45: Catchment: A wealthy and loyal customer base
Catchment A wealthy and loyal customer base Primary + Primary Secondary Tertiary Total Municipality Province/Region Secondary Social-Demographic Variables BELGIUM Woluwe-Saint- Bruxelles- Catchment Catchment Catchment Catchment Catchment Lambert Capitale Inhabitants (n) 275 152 339 635 614 787 574 6
Slide 46: A 360° strategy leading to remarkable results
A 360° STRATEGY LEADING TO REMARKABLE RESULTS 46
Slide 47: Operational performance
Operational performance Remarkable results Retail Sales 12M June 2025 Footfall 12M June 2025 +9.8% +13.8% Occupancy 99.3% Collection Rate 01.01.2025 99% TITRE DE LA PRESENTATION 47
Slide 48: Disclaimer/forward-looking statements
Disclaimer/forward-looking statements This presentation has been prepared by Eurocommercial Properties N.V. (the “Company”) solely for informational purposes. It does not constitute, nor should it be construed as, an offer to sell or a solicitation of an offer to buy or subscribe for any securities
Slide 49: Thank you!
Thank you! HEAD OFFICE GROUP OFFICES Eurocommercial Properties N.V. Belgium France Italy Sweden De Boelelaan 7 Rue St Lambert 200 107 Rue Saint Lazare Via della Moscova, 3 Kungsgatan 48 1083 HJ Amsterdam 1200 Bruxelles 75009 Paris 20121 Milano 111 35 Stockholm
Eurocommercial Properties — Investor Day (September 2025) on 6ix