Half-yearly financial report of Ascencio SA

DYNAMIC LETTING ACTIVITY & SOLID DEBT STRUCTURE

6.95% GROSS YIELD ON THE PORTFOLIO

2.18% AVERAGE COST OF DEBT

-0.1% CHANGE IN FAIR VALUE OF THE PORTFOLIO

96.7% EPRA OCCUPANCY RATE

95.2% INTEREST RATE HEDGING RATIO

OPERATING RESULTS

• Rental income: €27.1 million, up by 2.8% from €26.3 million at 31/03/2024
• EPRA Earnings: €19.0 million, up 5.7% from €18.0 million at 31/03/2024
• EPRA Earnings per share: €2.88 (vs €2.72 at 31/03/2024)
• Net result: €18.7 million (vs €5.7 million at 31/03/2024), the significant increase being due to the difference in revaluations (-€0.3 million vs -€12.2 million) between the two periods
• EPRA occupancy rate: 96.7%, down from the 97.8% recorded at 30/09/2024

BALANCE SHEET INFORMATION

• Fair value of the real estate portfolio: €746.0 million (vs €748.6 million at 30/09/2024)
• Debt ratio (EPRA LTV): 43.5% (vs 42.1% at 30/09/2024)
• Intrinsic value per share (EPRA NTA): €64.23 (vs €65.80 at 30/09/2024)

Attachment

• Half-yearly financial report- 31.03.2025