First Half 2026 Financial Results

31 July 2026

• The consolidated total income from investment properties amounted to € 5.2 million vs. € 5.2 million in H1 2025, remaining broadly stable. On a like for like basis, excluding the contribution of the property in Serbia that was sold in 2025, total income from investment properties increased by 9.5%.
• The consolidated EBITDA amounted to € 518 thousand, decreased by 44.2% compared to 2025. Taking into account the contribution to H1 2025 EBITDA from the property in Serbia that was sold, the decrease will be 12.9%, primarily due to increased provisions for legal expenses recognized by the Parent Company.
• Income from the portfolio asset management of the Parent Company amounted to € 842 thousand vs. € 521 thousand in H1 2025, i.e. increased by 61.6%. The return on equity portfolio for H1 2026 came up to 7.4% and on the fixed income portfolio to 2.8%.
• Parent Company equity amounted to € 132 million vs. € 132.8 million in 2025. Book value per share as of 30/06/2026 amounted to € 4.20, representing a significant discount to the current market price.
• Profit after tax amounted to € 118 thousand on a consolidated basis vs. loss of € 60 thousand in the corresponding period of 2025. On a comparable basis, loss for H1 2025 would have amounted to € 148 thousand. The improvement in results compared with the corresponding period of 2025 reflects both the increased profitability of RKB and the significant improvement in income from the management of the Parent Company's investment portfolio.
• On a comparable basis, the subsidiary company RKB achieved a further improvement in its operating performance, with rental income increasing by 9.6%, EBITDA by 7.7% and profit after tax by 22.7%.

  With reference to the course of business of MIG Group, the following are highlighted:
• MIG (Parent): Total income amounted to € 1.051 thousand vs. € 714 thousand in H1 2025, increased by 47.1%. The Company's operating expenses in H1 2026 increased by 15.4% and amounted to €

  1.8 million vs. € 1.5 million in H1 2025 due to increased provisions for legal expenses. Loss after tax were reduced to € 771 thousand vs. € 850 thousand in H1 2025.

  By implementing active management of its assets, the Company has an equity portfolio of € 9.5 million and a fixed income portfolio of € 3.4 million, generating income of € 842 thousand vs. € 521 thousand in H1 2025.

• RKB: Income from investment properties for H1 2026 amounted to € 5.1 million vs. € 5.1 million in H1 2025, remaining broadly stable. ΕΒΙΤDA reached € 2.0 million compared to € 2.2 million in H1 2025 recording a decrease of 8.8%. Profit after tax amounted to € 0.9 million vs. € 0.8 million in H1 2025 recording an increase of 9.5%. If the amounts related to the sale of office building in Belgrade were excluded from the above H1 2025 amounts, comparable income from investment properties would amount to € 4.6 million, EBITDA to € 1.8 million and profit after tax to € 0.7 million. Based on these adjusted amounts for H1 2025, the company recorded an increase of 9.6% in income, 7.7% in EBITDA and 22.7% in profit after tax.

RKB continues to invest in properties with strong commercial potential while, as part of its asset management strategy, it is also in negotiations for the potential disposal of certain properties. The objective is both to reduce its outstanding bank borrowings and to reallocate funds to properties that are expected to enhance the value of its portfolio.