Helios Re Socimi, S.a. · BME:SCHLR
Helios Re Socimi — Lar España Real Estate SOCIMI — Investor Presentation (June 2022)
16 slides from Helios Re Socimi's investor presentation, June 2022
Slide 1: Corporate Presentation Lar España June 2022
C O R P O R AT E P R E S E N TAT I O N L A R E S PA Ñ A June 2022 www.larespana.com
Slide 2: Company Overview
=— lor eee Company Overview
Slide 3: Lar España at a glance
Company Overview Our Mission Optimize the profitability of our shareholders through responsible and efficient management of our retail assets, which Lar España at a glance incorporates technology as a key element in a relationship that generates value for our retailers and customers. Our Vission Pro
Slide 4: A clear idea: dominant & resilient portfolio
Company Overview A clear idea: dominant & resilient portfolio Lagoh | SC Gran Vía de Vigo | SC Megapark | SC RP 69,734 sqm 41,447 sqm 81,577 sqm Visits: 5.4 Mn Visits: 4.8 Mn Visits: 9.5 Mn Sales: €94.7 Mn Sales: €81.3 Mn Sales: €92.7 Mn Dominant. Dominant Dominant Ànec Blau | SC P. Marina | SC CC:
Slide 5: From the IPO to nowadays: retail leader in Spain
Company Overview From the IPO to nowadays: retail leader in Spain MAIN SHOPPING CENTRES AND RETAIL PARKS MARKET PLAYERS RETAIL LEADERS IN SPAIN Avg. GLA ownership Lar España Owned GLA (est.) # Assets 551.405 14 per asset 41,3781 #1 sqm GLA1 Asset stake owned Portfolio Size gives us benefits in: • Gl
Slide 6: A unique business model
Equity Story A unique business model Dominant shopping centres in catchment Ommnichannel strategy areas We see e-commerce as an opportunity not a risk. It is a Our assets are located in relevant but low retail new hybrid form of commerce, where customers shop density areas, with limited competition
Slide 7: Committed with transparency, environment and governance
Company Overview Board of directors Committed with transparency, Jose Luis Leticia Isabel Roger M. Alec Miguel environment and governance del Valle Iglesias Aguilera Cooke Emmott Pereda Chairman Grupo LAR Independent Directors Proprietary Directors Female Directors 2015 2016 2017 2018 2019 2020 2021
Slide 8: Q1 2022 Results
lor eee Q1 2022 Results
Slide 9: Operating Results in Q1 2022
Financial information & ESG Results Assets Operating Results in € 24.4 Mn Outperforming the Spanish and European Q1 2022 Recurring GRI Q1 2022 market 6.0% € 17.9 Mn EPRA “topped-up” NIY Recurring EBITDA Q1 2022 96%2 € 13.6 Mn Occupancy Recurring Net Profit Q1 2022 2.6 years WAULT €1,425Mn GAV 95% Co
Slide 10: Corporate Results in Q1 2022
Financial information & ESG Corporate Corporate Results 7.0 % c.€200Mn in Q1 2022 €30.0 Mn Liquidity Dividend Dividend Yield Expenses covered over €0.36 p.s. paid dividend Over market cap1 the next 4 years Net LTV 39.9% €400 Mn 1.75% Closing Q1 22 Green Bond issuance Interest rate 1.84 1.8% €300 Mn
Slide 11: With the best in class practices in ESG
Financial information & ESG With the best in class practices in ESG Social Governance The data automation platform for Environmental environmental indicators was put into operation in 2021.The company 100% Recommendations of the 6 assets certified is currently completing the roll-out CNMV Good Gover
Slide 12: Stable valuations
Financial information & ESG Stable valuations 31st December 2021 Valuation €1,424 Mn Including Capex Invested A resilient portfolio of dominant shopping centres in attractive Asset appraisal variations catchment areas. 48.8% Cherry picked assets carefully selected without acquiring portfolios. Asset
Slide 13: Attractive dividend: Maintained despite Covid-19
Highlights Attractive dividend: Maintained despite Covid-19 8.9% Div Yield over Market Cap 1 Committed to profitability € 0.63 ps Paid in May 27th € 0.54 ps €55.0 Mn • Prudent cash position control with a detailed € 0.49 ps 7.0% Div 6.7% Div liquidity analysis. Yield over €50.0 Mn Yield over Market
Slide 14: In summary: with significant upside potential
Closing remarks In summary: with significant upside potential Sound balance, Innovative, with Truly committed Leaders in a clearly Resilient through moderate debt & focus on Top in class ESG to value creation recovering market cycles strong cash omnichannel practices & shareholder position profitabi
Slide 15: Disclaimer
Disclaimer This document has been prepared by Lar España Real Estate SOCIMI, S.A. (the “Company”) for information purposes only and the information included in this document is not regulated information or information which has been subject to prior registration with, or control by, the Spanish Nati
Slide 16: www.larespana.com
—_— lar www.larespana.com
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