Press release

Dear shareholders,

In our newsletters, we aim to highlight the concrete dynamics that drive our investments. This month, you will discover three examples that each illustrate, in their own way, the long-term value creation strategy we are pursuing.

First, we take a look at Jeff de Bruges' innovative approach to business intelligence, which is driving commercial performance. Next, we zoom in on the success of the Chmielna real estate project in Warsaw and two new residential developments launched in Poland. Finally, we look back at the landmark transaction carried out by Mitiska REIM, of which Bois Sauvage is a long-standing partner, with the acquisition of several Belgian commercial sites with strong redevelopment potential.

These topics are part of a broader transformation. For several months now, we have been conducting an in-depth strategic review of all our holdings. This review will result in concrete announcements in March 2026. It reflects our desire to better focus our efforts on our areas of expertise, align our portfolio with our ambition for sustainable growth, and enhance the clarity of our investment profile.

We hope you enjoy reading this report and remain at your disposal for any further information you may require.

Benoit Deckers

This press release has been translated into English.
In the event of divergence, the French version shall be final.