1Q 2021 results presentation

• The restrictions in place for shopping center operations continue to weigh heavily on the sector
• “One-off” COVID impact of €4 million recognized in 1Q 2021
• Net rental income: €26.2 million (-20.7%)
• FFO: €8 million (-33.3%)
• Notes falling due redeemed in full with significant cash on hand at the end of the reporting period of €86 million
• In the second quarter the Group prepares for the gradual easing of the restrictive measures and the reopening of all the tenants: in the first six days without restrictions, beginning Monday, 26 April, footfalls recovered 94% with respect to 2019

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