Care Property Invest Sa · EURONEXT:CPINV
Care Property Invest Sa — Investor Presentation (January 2023)
77 slides from Care Property Invest Sa's investor presentation, Jan 11, 2023
Slide 1: Capital Increase 2023 – Investor Presentation
Advertisement Margaritha Maria Kerk I Tilburg ( NL) Care building in complete confidence Capital Increase 2023 – Investor Presentation 11 January 2023 www.carepropertyinvest.be NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFR
Slide 2: Warning & Disclaimer (1/3)
WARNING & DISCLAIMER (1/3) The Securities Note (including the documents incorporated by reference therein), the Universal Registration Document (including the documents incorporated by reference therein) and the Summary constitute the Prospectus. The Dutch version of the Summary, the Securities Note
Slide 3: Warning & Disclaimer (2/3)
WARNING & DISCLAIMER (2/3) This presentation has been prepared by the management of Care Property Invest NV/SA, a Belgian public real estate investment company (“CPI” or the “Company”), solely for your information and background and is subject to updating, completion, revision and amendment and such
Slide 4: Warning & Disclaimer (3/3)
WARNING & DISCLAIMER (3/3) Subject to certain limited exceptions, this Presentation and any materials distributed in connection with this Presentation are not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident of or located in the United States
Slide 5: CEO CFO
CEO CFO /PeterVanHeukelom /FilipVanZeebroeck peter.vanheukelom@ filip.vanzeebroeck@ carepropertyinvest.be carepropertyinvest.be 00 32 (0) 3 222 94 94 00 32 (0) 3 222 94 94 Care Property Invest I 5 NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANA
Slide 6: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS 1 High visibility/solid existing cashflows Long duration of lease contracts 3 Attractive dividend yield Guidance gross dividend yield of 5 Experienced management team Executive committee with a varied with adjusted debt maturities at a 6.35%(2). background in finance and re
Slide 7: Terms of the rights issue
Transaction details Terms of the rights issue Issuer ▪ Care Property Invest NV/SA (the “Company”) Listing | Ticker | ISIN ▪ Euronext Brussels | CPINV | BE0974273055 ▪ Public offering to subscribe to new shares in Belgium and will be followed by a private placement of scrips in an ‘accelerated bookbu
Slide 8: High level Rights Issue timetable
Transaction details High level Rights Issue timetable Prospectus approval by the FSMA(1) ▪ 10 January 2023 Press release announcing the offering ▪ 11 January 2023 (before trading hours) • Detachment of • coupon nr. 16 representing the right to FY 2022 dividend ▪ 11 January 2023 (after trading hours)
Slide 9: Availability of the Prospectus
Transaction details Availability of the Prospectus • The prospectus consists of the universal registration document (including all information incorporated by reference therein), the securities note (including all information incorporated by reference therein) and the summary • The universal registr
Slide 10: Use of Proceeds (1/2)
Transaction details Use of Proceeds(1) (1/2) ▪ Main objective of the offering is to allow the Company to acquire new financial resources and to increase its equity in order to continue the Company’s growth strategy in relation to its real estate portfolio, while maintaining a debt ratio of a maximum
Slide 11: Use of Proceeds (2/2)
Transaction details Use of Proceeds (1) (2/2) ▪ The Company analyses potential investment opportunities on an ongoing basis, these may include acquisitions of new or existing health care real estate and development projects ▪ The Company is uncertain whether any of these opportunities will materiali
Slide 12: Risk factors – specific to Care Property Invest (1/3)
Transaction details Risk factors – specific to Care Property Invest(1) (1/3) (a) Market risks Concentration risk of operators active in healthcare real estate - In accordance with Regulated Real Estate Company Law (RREC Law), the Company must engage in risk diversification by diversifying its real e
Slide 13: Risk factors – specific to Care Property Invest (2/3)
Transaction details Risk factors – specific to Care Property Invest(1) (2/3) (c) Financial risks Liquidity risk - There is a risk of cancellation, renegotiation, forced repayment or even early termination of credit agreements in the event that a ‘default’ as defined in these financing agreements occ
Slide 14: Risk factors – specific to Care Property Invest (3/3)
Transaction details Risk factors – specific to Care Property Invest(1) (3/3) (d) Regulatory risks Risks associated with special regulatory status and applicable taxation - If the Company's status as a Public Regulated Real Estate Company is lost, the Company would lose its specific tax status, as we
Slide 15: Risk factors – specific to securities
Transaction details Risk factors – specific to securities(1) (a) Risks associated with the New Shares, Irreducible Allocation Rights or Scrips Possibility of future dilution to Shareholders – CP Invest, as a RREC, needs a steady flow of capital to continue and grow its business. Consequently, it has
Slide 16: Company guidance for FY 2022 and FY 2023
Transaction details Company guidance for FY 2022 and FY 2023(1) FY 2022 guidance FY 2023 guidance(4) Based on the current existing agreements that should continue to generate revenue for an average of 15.8 years, barring unforeseen circumstances: ▪ An increase in the distributable income and dividen
Slide 17: Agenda
AGENDA 1 Serviceflats Invest A solid foundation 4 Care Property Invest Financial information 2 Care Property Invest The new business model 5 Care Property Invest Attachments 3 Care Property Invest Investments and pipeline Care Property Invest I 1 NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WI
Slide 18: Solimar Tavernes Blanques
Solimar Tavernes Blanques I Tavernes Blanques ( ES) Care Property Invest I 5 NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHER R
Slide 19: Serviceflats Invest – A solid foundation
1 Serviceflats Invest A solid foundation www.carepropertyinvest.be NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHER RESTRICTION
Slide 20: Over 25 years of experience
Serviceflats Invest SERVICEFLATS INVEST RREC - BE-REIT founded in October 1995 Initiative of the Flemish government OVER 25 YEARS Building and financing of 2,000 qualitative and affordable service flats targeted at 75+ year-olds (assisted living units) in Flanders and Brussels OF Cooperation with: L
Slide 21: Project structure
Serviceflats Invest PROJECT STRUCTURE STRUCTURE DESIGN - BUILD - FINANCE STRUCTURE Local governments receive a yearly subsidy from the Flemish government per service flat. GENERAL Upon termination of the building right period, CONTRACTOR/ NV • OPENBARE BE VA K NAAR BELGISCH RECH T ownership right of
Slide 22: Low-risk high visibility
Serviceflats Invest LOW-RISK HIGH VISIBILITY Due to solvency profile of tenants(1) NPO (5%) LOCAL GOVERNMENT (95%) Contracts backed by a mortgage Guaranteed by the municipalities. mandate on the properties. In case of default by the local government, Care Property Invest is entitled to a claim on th
Slide 23: The new business model
2 Care Property Invest The new business model www.carepropertyinvest.be NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHER RESTRI
Slide 24: Business model – as from 2014
The new business model BUSINESS MODEL - AS FROM 2014 VA K NAAR BELGISCH RECH T Service flats only Also development and acquisition of healthcare properties (Care decree of (' closed investment program ') Flanders) and residential solutions for people with disabilities Nursing homes, short-stay cente
Slide 25: Unique combination public and private market
The new business model UNIQUE COMBINATION PUBLIC AND PRIVATE MARKET Evolution of fair value of total portfolio in million EUR 18% Split in investment properties vs 1,500 1,400 1,300 finance leases at fair value (as 1,200 at 30 September 2022) 1,100 1,000 900 800 700 600 Finance leases (IFRS 16) 82%
Slide 26: Business model private & public market
The new business model BUSINESS MODEL PRIVATE & PUBLIC MARKET PRIVATE MARKET (INVESTMENT PROPERTIES) PUBLIC MARKET (FIN. LEASES) needs care needs care operator operator • Development • Development • Financing • Financing • purchase r e a l estate • purchase r e a l estate • renovation • renovation e
Slide 27: Emera Mostoles
The new business model Care Property Invest I 20 Emera Mostoles I Mostoles (ES) NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHE
Slide 28: Investments and pipeline
3 Care Property Invest Investments and pipeline www.carepropertyinvest.be NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHER REST
Slide 29: Committed development projects
Investments and pipeline COMMITTED DEVELOPMENT PROJECTS GEOGRAPHICAL SPLIT EXPECTED DELIVERY DATE 13% 44% EUR 10m EUR 33m 14% EUR 11m 59% 14% 56% EUR 45m EUR 11m EUR 42m 30 September 2022 30 September 2022 The Netherlands (NL) 2022 2024 Spain (ES) 2023 2025 Source: Care Property Invest Care Property
Slide 30: Forum Mare Nostrum I
Investments and pipeline Forum Mare Nostrum I I Alfaz del Pi (ES) NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHER RESTRICTIONS
Slide 31: Financial information
4 Care Property Invest Financial information www.carepropertyinvest.be NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHER RESTRIC
Slide 32: EPRA key performance indicators
Financial information EPRA KEY PERFORMANCE INDICATORS Period closed on 30 September 2022 30 September 2021 EPRA earnings (in EUR/share) EUR 0.83 EUR 0.76 Adjusted EPRA earnings (in EUR/share) (1) EUR 0.95 EUR 0.79 EPRA costratio (incl. direct vacancy costs) (in %) 22.23% 17.41% EPRA costratio (excl.
Slide 33: Key figures P&L statement
Financial information KEY FIGURES P&L STATEMENT(1) Period closed on 30 September - in K EUR 2022 Var 2021 Net rental result 39,837 25.26% 31,804 Real estate operating result 39,809 25.17% 31,803 General expenses and other operating result (cash) -5,392 -13.36% -4,757 Exposure to interest rate increa
Slide 34: Key figures balance sheet
Financial information KEY FIGURES BALANCE SHEET (1) FINANCE LEASES AT FAIR VALUE Consolidated in K EUR Q3 2022 FY 2021 FY 2020 Financial lease receivables and trade receivables 198,217 267,845 287,826 Investment properties 911,413 718,032 533,855 Other assets included in debt ratio 14,881 20,471 8,5
Slide 35: Key figures balance sheet
Financial information KEY FIGURES BALANCE SHEET Consolidated in K EUR Q3 2022 FY 2021 FY 2020 Receivables financial leases 177,134 186,776 187,355 Trade payables related to fixed assets 11,942 14,810 15,666 Growth in 2022 is noticeable by the rise in Investment properties 911,413 718,032 533,855 pro
Slide 36: Debt ratio
Financial information DEBT RATIO Source: Care Property Invest Care Property Invest I 36 NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW
Slide 37: Weighted average interest rate and financial debts
Financial information WEIGHTED AVERAGE INTEREST RATE AND FINANCIAL DEBTS Weighted average debt maturity (incl. CP)1) : 5.85 years. Weighted average IRS maturity1) : 9.92 years (1) Figures as of Q3 2022 Source: Care Property Invest Care Property Invest I 37 NOT FOR DISTRIBUTION, PUBLICATION OR RELEAS
Slide 38: Net financial debt / EBITDA and interest coverage ratio
Financial information NET FINANCIAL DEBT / EBITDA AND INTEREST COVERAGE RATIO 15 13.3 14 13 11.9 12 10.7 4.5 4.5 4.120.3 11 4.3 4.1 9.7 10 3.8 8.9 9 2.7 8 Interest Coverage Ratio : This 6.9 is the operating result before 7 the result on portfolio divided by 6 the interest charges paid. 4.3 4.5 4.6 5
Slide 39: Financial obligations debt structure
Financial information FINANCIAL OBLIGATIONS DEBT STRUCTURE 10% 23% 12% Commercial paper 13% 65% Bonds 78% Bank loans/ facilities 30 September 2022 31 December 2021 Source: Care Property Invest Care Property Invest I 39 NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AM
Slide 40: Financial obligations debt maturity
Financial information 200,000 FINANCIAL 180,000 OBLIGATIONS 160,000 DEBT For the funds which can be 'rolled over' at the 140,000 MATURITY(1) In thousand EUR unilateral request of 120,000 CPInvest, the expiry date of the credit facility is 100,000 considered as the repayment date. 80,000 60,000 40,00
Slide 41: Key figures net asset value
Financial information KEY FIGURES NET ASSET VALUE Consolidated in K EUR Q2 2022 FY 2021 FY 2020 Net Assets of the Company 556,849 479,259 369,779 IFRS NAVPS EUR 20.07 EUR 17.80 EUR 15.34 Excl. IAS 39: the variations of the hedging Net assets of the Company, excluding 'authorised hedging 535,975 496,
Slide 42: Dividends share
The share DIVIDENDS SHARE Evolution of the gross dividend (in EUR/share) since initial public offering 1.19 (4) 1,2 Adjusted EPRA result (in EUR/share) 1.06 0.99 (3) The general meeting Gross dividend (in EUR/share) - 0.92 (3) 1,0 On 24 March 2014 a share split agreed to pay out a gross 0.86 (3) too
Slide 43: Assistentiewoningen De Stille Meers
Financial information Care Property Invest I 46 Assistentiewoningen De Stille Meers I Middelkerke (BE) NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE
Slide 44: Attachments
5 Care Property Invest Attachments www.carepropertyinvest.be NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHER RESTRICTIONS APPL
Slide 45: Additional information on the new business model
A Care Property Invest Additional information on the new business model www.carepropertyinvest.be NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTR
Slide 46: Geographical distribution projects
Attachments GEOGRAPHICAL DISTRIBUTION PROJECTS DISTRIBUTION BY AGE OF THE BUILDINGS GEOGRAPHICAL DISTRIBUTION GEOGRAPHICAL DISTRIBUTION OF INVESTMENT PROPERTIES FINANCE LEASES OF THE NUMBER OF PROJECTS THE NUMBER OF RESIDENTIAL UNITS IN OPERATION IN OPERATION 4% 4% 6% 4% 4% 17% 8% 11% 5% 8% 39% 15%
Slide 47: Lease maturity
Attachments LEASE MATURITY UNEXPIRED LEASE TERM UNEXPIRED LEASE TERM AVERAGE UNEXPIRED LEASE TERM BY COUNTRY INVESTMENT PROPERTIES FINANCE LEASES INVESTMENT PROPERTIES 30 2% 6% 28 11% 26 11% 24 Avg: 21 years 22 33% 20 18 16 22 years 14 21 years 20 years 28% 20% 12 15 years 10 59% 8 6 4 30% 2 0 Belgi
Slide 48: Distribution operators
Attachments DISTRIBUTION OPERATORS OPERATOR BASE WITH PROVEN TRACK RECORD Distribution based on rental income received per operator (1)(2) 1% 1% 2% 2% Belgium The Netherlands Colisée Orelia Group Valuas Zorggroep 3% 3% 4% Anima Korian Korian 3% 29% 4% 34% My Assist Vulpia Care Group 4% 4% De Gouden
Slide 49: Macro trend – ageing population, rising demand
Attachments MACRO TREND - AGEING POPULATION, RISING DEMAND 85+ 85+ EVO LUT IO N DEMO G RAPHICS 66-85 EVO LUT IO N DEMO G RAPHICS 65-85 BELG IAN PO PUL ATION (1) 0-65 DUTCH PO PUL ATION (1) 0-64 +15% +7% PROJECTED +168% in age PROJECTED +206% in age GROWTH category 85+ GROWTH category 85+ total Belgi
Slide 50: Macro trend – ageing population, rising demand
Attachments MACRO TREND - AGEING POPULATION, RISING DEMAND 80+ 85+ DEMO G RAPHI C EVOLUTION 66-80 EVO LUT IO N DEMO G RAPHICS 65-85 SPANISH PO PUL ATION (1) 0-65 IRISH PO PUL ATION (1) 0-64 100 +252% +182% 80 +76% +44% 60 +20% 40 +5% 20 0 2016 2021 2026 2031 2036 2041 2046 2051 PROJECTED +182% in ag
Slide 51: Acquisitions and completions
B Care Property Invest Acquisitions and completions www.carepropertyinvest.be NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHER
Slide 52: History
1995 Investments and pipeline Establishment of Serviceflats Invest nv. Recognition as a Belgian real estate investment fund, on the initiative of the Flemish 2014 2013 - 2014 government with the objective Serviceflats Invest nv Amendments to the to build and finance 2,000 becomes Care Property Artic
Slide 53: History
2020 Optional dividend. HISTORY Investments and pipeline 2020 May-June 2020 Capital increase Total amount of capital in kind. increase: approximately 15 January 2020 EUR 7 million. Total amount of capital As of 19 June 2020 increase: EUR 33.594.044. 21,918,213 fully paid-up shares. 1,250,376 new sha
Slide 54: History
HISTORY Investments and pipeline 2022 Entry onto the Irish market. 2022 Optional dividend May-June 2022 Total amount capital 2021 2022 increase: approx. Capital increase in kind. Capital increase in kind. EUR 4 million. 20 January 2021 7 July 2022 As of 20 June 2022 Total amount of capital Total amo
Slide 55: New acquisitions 2022-2023
Attachments NEW ACQUISITIONS 2022 -2023 Conv. Value (in Project Location Date Type Agreement Operator EUR million) Belgium Assisted living Complex Haacht 07/07/2022 Acquisition (contribution in kind) EUR 13.9 30 Y - triple net Thuis Leven vzw 'Klapgat' The Netherlands Warm Hart Zuidwolde Zuidwolde 0
Slide 56: New acquisitions 2021
Attachments NEW ACQUISITIONS 2021 Conv. Value (in Project Location Date Type Agreement Operator EUR million) Belgium Acquisition (contribution in kind) & 29 Y - triple Résidence des Ardennes Attert 20/01/2021 EUR 44.3 My-Assist development net 27 Y - triple Dungelhoeff Lier 17/11/2021 Acquisition (c
Slide 57: Completions 2022 and 2021
Attachments COMPLETIONS 2022 Project Location Date Type Conv. Value Agreement Operator (in EUR mln) The Netherlands Aldenborgh Roermond 25/02/2022 Development EUR 8.2 25 Y - triple net Aldenborgh Exploitatie Villa Vught Vught 20/04/2022 Development EUR 6.2 25 Y - triple net Valuas Zorggroep Huize El
Slide 58: Acquisitions 2020-2019
Attachments ACQUISITIONS 2020-2019 Conv. Value Project Location Date Type Agreement Operator (in EUR mln) Belgium Huyse Elckerlyc Riemst 19/02/2019 Acquisition (share deal) EUR 6.5 20 Y - triple net Korian La Résidence du Lac Genval 03/04/2019 Acquisition (share deal) EUR 17.6 27 Y - triple net La R
Slide 59: Acquisitions 2020-2019
Attachments ACQUISITIONS 2020-2019 Project Location Date Type Conv. Value Agreement Operator (in EUR mln) The Netherlands Margaritha Maria Kerk Tilburg 26/03/2019 Redevelopment EUR 7.7 20 Y - triple net Korian Holding Sterrenwacht Middelburg 12/06/2019 Redevelopment EUR 5.7 20 Y - triple net Korian
Slide 60: Acquisitions 2020-2019
Attachments ACQUISITIONS 2020-2019 Project Location Date Type Conv. Value Agreement Operator (in EUR mln) Spain Emera Carabanchel Carabanchel (Madrid) 24/07/2020 Development EUR 14.6 15 Y - triple net Emera Group Source: Care Property Invest Care Property Invest I 60 NOT FOR DISTRIBUTION, PUBLICATIO
Slide 61: Investments completed 2020-2019
Attachments INVESTMENTS COMPLETED/TAKEN INTO OPERATION 2020-2019 Project Location Date Type Conv. Value Agreement Operator (in EUR mln) Belgium De Nieuwe Ceder Deinze 27/09/2019 Development EUR 11.0 28 Y - triple net Zorghuizen vzw Nuance Vorst 13/01/2020 Development EUR 14.7 20 Y - triple net Anima
Slide 62: Other financials
C Care Property Invest Other financials www.carepropertyinvest.be NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHER RESTRICTIONS
Slide 63: EPRA awards for financial reporting
Attachments EPRA AWARDS FOR FINANCIAL REPORTING • Annual Financial Report 2021 EPRA BPR Gold Award for the 6th consecutive time Care Property Invest I 63 NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTR
Slide 64: Key figures P&L statement
Attachments KEY FIGURES P&L STATEMENT (1) Period closed on 30 September - in K EUR 2022 2021 Net rental result 39,837 31,804 Real estate operating result 39,809 31,803 Increased operational result (52.45%) General expenses of the Company -7,003 -5,588 compared to 2021, Other operating income and exp
Slide 65: Rental income
Attachments RENTAL INCOME 9M 2021 9M 2022 BE NL ES IR Total Change : 8.96% 75.90% 273.40% - 25.25% Like-for-like change : +5.02% +3.45% - - +4.91% Source: Care Property Invest Care Property Invest I 65 NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA,
Slide 66: The share
D Care Property Invest The share www.carepropertyinvest.be NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHER RESTRICTIONS APPLY
Slide 67: Solid track record
Attachments SOLID TRACK RECORD 1600% 1,200 1400% 1,000 1200% Volume (k shares) 1000% 800 Performance 800% Total return of 600 the share 600% (incl. reinvestment of 400% 400 dividends) since IPO until 200% 31 December 2022: 200 609% 0% -200% 0 CPINV - Volume (k) Care Property Invest BEL20 Index FTSE
Slide 68: Evolution stock price and EPRA NAV
Attachments EVOLUTION STOCK PRICE AND EPRA NAV 35 30 25 19.78 20 18.00 15 10 5 0 FY2015 HY2016 FY2016 HY2017 FY2017 HY2018 FY2018 HY2019 FY2019 HY2020 FY2020 HY2021 FY2021 Q32022 Stock price EPRA NAV Source: Care Property Invest Care Property Invest I 68 NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE
Slide 69: Market capitalisation share
Attachments MARKET CAPITALISATION SHARE Evolution market capitalisation 800 700 600 500 In million EUR 400 694 Market cap increased 649 300 602 with 164% compared 437 to 31 December 2014 200 390 359 270 100 200 166 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 Source: Care Property Invest Care Prop
Slide 70: Shareholding structure
Attachments SHAREHOLDING STRUCTURE Share distribution 30 September 2022 7 July 2022(2) 20 June 2022 (1) 31 December 2021 on % Proportion Number of % Proportion Number of % Proportion Number of % Proportion Number of vis-à-vis shares vis-à-vis shares vis-à-vis shares vis-à-vis shares total capital (e
Slide 71: Sustainability
E Care Property Invest Sustainability www.carepropertyinvest.be NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHER RESTRICTIONS A
Slide 72: Sustainability report
Attachments SUSTAINABILITY REPORT Sustainability report 2021 On 27 June 2022, the Company published its sustainability report for the 2021 financial year. It was its third sustainability report ever. The link to the full Sustainability Report 2021 can be found below: Sustainability Report in pdf The
Slide 73: EPRA awards for sustainability reporting
Attachments EPRA AWARDS FOR SUSTAINABILITY REPORTING • Sustainability report 2021 - EPRA SBPR Gold • Sustainability report 2020 - EPRA SBPR Silver - EPRA SBPR Most Improved Care Property Invest I 73 NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CA
Slide 74: Our care providers, our buildings, our responsibility
Attachments Our Care Providers Our Buildings Our Our Responsibility We ensure longevity of our buildings Residents As an investor and employer we by continuously striving to improve recognise a social responsibility the environmental performance of our We aim for a lasting and we drive this through
Slide 75: Our sustainability roadmap
Attachments Our sustainability roadmap reflects the pathway to achieving our ambitions. In the coming years, we will refine this roadmap by integrating more progressive and quantitative targets. Care Property Invest I 75 NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF
Slide 76: De Gouden Leeuw Zutphen
The share Care Property Invest I 53 De Gouden Leeuw Zutphen I Zutphen ( NL) NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR JURISDICTION WHERE ITS DISSEMINATION WOULD BE CONTRARY TO LAW OR OTHER RE
Slide 77: www.carepropertyinvest.be
Orelia Ter Beuken I Alsemberg (BE) Horstebaan 3 2900 Schoten T 32 3 222 94 94 F 32 3 222 94 95 E info@carepropertyinvest.be www.carepropertyinvest.be NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY OR
Care Property Invest — Investor Presentation (January 2023) on 6ix