Result of the interim optional dividend
26/06/2025

Shareholders opt to subscribe for new shares for nearly 35% of their dividend rights

Strengthening of the equity by more than € 18 million

Within the context of the interim optional dividend, the shareholders of Retail Estates have opted to subscribe for new shares for 34.7% of their dividend rights. In the current volatile market conditions, Retail Estates is particularly pleased with the result, which demonstrates shareholder confidence in the company's policy, as about half of the free float shareholders have subscribed for new shares.

A total of 34.7% of the coupons no 33 were contributed in exchange for new shares. This means that on 26 June 2025, 319,035 new shares were issued for a total amount of € 18,223,279.20 (issue premium included). These shares will be admitted to trading on Euronext Brussels and Euronext Amsterdam on 27 June 2025 and will be immediately tradable from that date onward. They will participate in the results of the current financial year that started on 1 April 2025.

This capital increase will be used to expand the real estate portfolio and, in the meantime, to temporarily reduce debt. The capital increase reduces the (legally capped) debt ratio with 0.85 percentage point compared to a 100% payment of the interim dividend in cash.

The actual distribution of the interim dividend will start on 26 June 2025 and, depending on the choice of the shareholders, (i) the new shares issued in exchange for the contribution of dividend rights will be delivered, (ii) payment of the dividend in cash will be made or (iii) a combination of both payment possibilities will take place.