Settlement of conflicts of interest

Pursuant to Article 523 of the Belgian Companies Code, any member of the Board of directors who, whether directly or indirectly, has a financial interest which conflicts with a decision or operation involving the Board of directors, may not attend the deliberations of the Board of directors.

Article 37 of the Belgian Law of 12 May 2014 is also referred to, when one of the persons mentioned in this Article (director, manager or promoter of the Belgian REIT,...) acts as counterparty in an operation undertaken with the Belgian REIT or a company under its control.

During the previous financial year, no conflict of interest within the meaning of these articles occurred.