Slide 1: Results as of March 31, 2022
DESIGNING, BUILDING, MANAGING AND INVESTING in cities, neighbourhoods and buildings that are innovative, diverse, inclusive and connected with a reduced carbon footprint. Desirable places to live and work. This is our ambition. This is our goal. This is our Purpose. RESULTS as of March 31, 2022 APRI
Slide 2: Disclaimer
DISCLAIMER This presentation is not an offer or an invitation to sell or exchange securities, or a recommendation to subscribe, buy or sell Icade securities. Distribution of this document may be restricted in certain countries by legislation or regulations. As a result, any person who comes into pos
Slide 3: Agenda
1. 2022 Q1 Key takeaways 2. Business performance by business line AGENDA 3. Outlook Appendices RESULTS AS OF MARCH 31, 2022 MONDAY, APRIL 25, 2022 3
Slide 4: 2022 Q1 Key takeaways
1. 2022 Q1 Key takeaways UNIVERSITY OF CHICAGO RESULTS AS OF MARCH 31, 2022 Paris, 13th district MONDAY, APRIL 25, 2022 4
Slide 5: Revenue as of March 31, 2022 – Group share and IFRS
1. 2022 Q1 KEY TAKEAWAYS REVENUE AS OF MARCH 31, 2022 – GROUP SHARE AND IFRS Revenue at €390m (in group share), up +6.1% vs. March 2021 Revenue at €414m (on a 100% basis), up +5.4% vs. March 2021 Chg. 2022 LFL chg. 2022 (in €m) 03/31/2022 03/31/2021 vs. 2021 (%) vs. 2021 (%) Gross rental income from
Slide 6: Q1 2022 – Key takeaways
1. 2022 Q1 KEY TAKEAWAYS Q1 2022 – KEY TAKEAWAYS Strong business performance across our 3 business lines • Office Property Division: nearly stable GRI (€85.7m, +1.4% vs 2021), in a context of dynamic asset rotation • Healthcare Property Division: a still steadily growing GRI (≈+14.6%) driven by port
Slide 7: Business performance by business line
2. Business performance by business line SO WOOD RESULTS AS OF MARCH 31, 2022 Montpellier, Hérault MONDAY, APRIL 25, 2022 7
Slide 8: Office Property Investment – Q1 2022 key highlights
2. BUSINESS PERFORMANCE BY BUSINESS LINE OFFICE PROPERTY INVESTMENT – Q1 2022 KEY HIGHLIGHTS Solid leasing activity First positive signs of inflation on index-linked rents reviews Increasing rental income, LfL growth impacted by specific items 100% +1.2% +2.8% leases linked to indices with a Indexat
Slide 9: Healthcare Property Investment – Q1 2022 key highlights
2. BUSINESS PERFORMANCE BY BUSINESS LINE HEALTHCARE PROPERTY INVESTMENT – Q1 2022 KEY HIGHLIGHTS GRI: Steady growth, mainly driven by international acquisitions, Continued diversified growth predominance of acute care facilities €52.1m +14.6% 85% €52m ~70% Investments in Q1 Investments abroad GRI in
Slide 10: Property Development – Q1 2022 key highlights
2. BUSINESS PERFORMANCE BY BUSINESS LINE PROPERTY DEVELOPMENT – Q1 2022 KEY HIGHLIGHTS SUSTAINED BUSINESS MOMENTUM IN Q1 2022 GROWTH POTENTIAL CONFIRMED Economic revenue €1.8bn €2.9bn €7.7bn Backlog Revenue expected from Medium term the controlled residential land revenue potential €264m +6% portfol
Slide 11: Outlook
3. Outlook FRESK Paris, 15th district RESULTS AS OF MARCH 31, 2022 & Issy-les-Moulineaux MONDAY, APRIL 25, 2022 11
Slide 12: 2022 strategic priorities unchanged - guidance confirmed
3. OUTLOOK 2022 STRATEGIC PRIORITIES UNCHANGED - GUIDANCE CONFIRMED 2022 strategic priorities implementation well on track 2022 guidance confirmed • Focus on letting and renewal activity Office • Execution of disposal plan Subject to Covid and geopolitical situation Property and opportunistic acquis
Slide 13: Appendices
Appendices TOULON HARBOUR, RESULTS AS OF MARCH 31, 2022 Provence-Alpes-Côte d’Azur MONDAY, APRIL 25, 2022 13
Slide 14: Say on Climate and Biodiversity resolution approved by 99.3%
APPENDICES SAY ON CLIMATE AND BIODIVERSITY RESOLUTION APPROVED BY 99.3% Further acceleration of the low carbon strategy • New and reinforced objectives for the 3 business units, aligned on a 1.5°C pathway • A Net Zero ambition for 2050 • A commitment towards SBTi to validate 1.5°C pathway • A low-ca