Carmila

First-quarter 2024 Financial Information - Seite 3

The full annual accretion to recurring earnings (+3-5% pro forma) from the Galimmo acquisition is expected in 2025.

Dividend of €1.20 per share, in cash, for 2023

As also announced on 13 February, the Annual meeting of Carmila shareholders, which will take place on 24 April 2024, will vote on a proposed dividend of €1.20 per share for 2023, to be paid in cash (versus €1.17 for the prior year).

This dividend represents a payout of 75% of recurring earnings. As a reminder, the dividend policy of Carmila for 2022 to 2026 is a minimum of 1 euro per share, in cash, and a target payout ratio of 75% of recurring earnings.

The ex-dividend date will be 29 April 2024 and dividends will be paid from 2 May 2024.

INVESTOR AGENDA

24 April 2024: Annual General Meeting
24 July 2024 (after market close): First-half 2024 results
25 July 2024: First-half 2024 results presentation
17 October 2024 (after market close): Third-quarter 2024 financial information

ABOUT CARMILA

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy. At 31 December 2023, its portfolio was valued at €5.9 billion and is made up of 201 shopping centres, with leading positions in their catchment areas.

Carmila is listed on Euronext-Paris Compartment A under the symbol CARM. It benefits from the tax regime for French real estate investment trusts (“SIIC”). Carmila has been a member of the SBF 120 since 20 June 2022.

Important notice

Some of the statements contained in this document are not historical facts but rather statements of future expectations, estimates and other forward-looking statements based on management’s beliefs. These statements reflect such views and assumptions prevailing as of the date of the statements and involve known and unknown risks and uncertainties that could cause future results, performance or events to differ materially from those expressed or implied in such statements. Please refer to the most recent Universal Registration Document filed in French by Carmila with the Autorité des marchés financiers for additional information in relation to such factors, risks and uncertainties. Carmila has no intention and is under no obligation to update or review the forward-looking statements referred to above. Consequently, Carmila accepts no liability for any consequences arising from the use of any of the above statements.