Korian

Acceleration of Organic Growth of 6.4% in Q3 and 5.7% YTD 9 Months Benefitting From Occupancy Rate Increase of 3 Points - Seite 3

** O/w Belgium: €414.3m 9 months 2022 vs €380.5m 9 months 2021, Netherlands: €74.6m 9 months 2022 vs €57.8m 9 months 2021

All regions show resilient organic growth:

- France, Spain and UK revenue for the quarter reached € 564.6m, with an organic growth of 5.1%, whilst reported growth affected by the sale of 27 facilities to Vivalto Vie & Colisée was reduced to 3.8%. In the United Kingdom, Korian reinforced its footprint with the acquisition of 3 new high-end facilities, including the real estate, reinforcing its platform in a growing market.

- Germany achieved € 263.5 million of revenue, below Q3 2021 by 2.6% following the finalisation of the sale or closure of some facilities. However organic growth remained solid at 3.5% including one month of rate increase following the salary revaluation from 1^st September.

- Benelux region grew organically by 16% as reflection of both the occupancy rate recovery in Belgium and the improving ramp up in the Netherlands. Total revenue was € 170.9m, showing a total growth of 13.9% slightly affected by some closures in Belgium.

- Italy continued its dynamic growth with 15.5% growth and € 135.8 million of revenue reflecting the successful integration of bolt on acquisitions and strong organic growth of 6.7% after a full normalisation of the activities both in long term care and healthcare.

Stakeholder Participation and Social dialogue

The Group is also engaged in a widespread dialogue with its stakeholders as part of its ambition to become a Purpose Driven company. This dialogue has led the company to hold discussions and gather feedback from around 1,000 people including families, residents, patients, employees, managers, mayors, members of parliament, regional health authorities and investors. These in-9depth exchanges will form the basis of the mission and the commitments being defined by Korian in being a purpose driven company.

Korian instituted, in 2019, the first European Works Council in the sector and since then has pursued a strong social dialogue at European level, that has resulted in the signature of an agreement on setting up the Korian SE European company works council, covering notably the consultation process of this work council. The work of this committee will include key theses such as absenteeism and health and safety at work, theses already worked by the European works council, which the European company works council will succeed.