Nexity – Continued good momentum in Residential Real Estate Strong growth in Services revenue +11% Low-carbon ambition and enhanced biodiversity Annual targets unchanged

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VERONIQUE BEDAGUE, CHIEF EXECUTIVE OFFICER, COMMENTED: “The first quarter’s activity and turnover, traditionally the least contributor to the results for the year, are in line with our expectations. New housing orders remained strong, supported by still low interest rates and ample available liquidity. The +11% growth in revenue from our Services activities continues to demonstrate the relevance of our unique model as an integrated real estate operator. In a market where the number of building permits issued nationwide is recovering but remains below its pre-covid level, Nexity continues to outperform the market in terms of permits obtained.

Nexity is going through the current period of instability with confidence and has not seen any significant short-term impact of the global geopolitical context on its activity or on the progress of its projects. Thanks to the solidity of its order book, the financial objectives set last February for the whole of 2022 remain unchanged. Thanks to our unique business model, our size and our leading position, we are already taking measures to anticipate and absorb any possible deterioration in economic conditions in the months to come.

We hope that at the end of the presidential elections which have just been held, there will be a collective political awareness in order to meet the many challenges posed by housing in our country, which has been conspicuously absent from this presidential campaign even though it is at the heart of the life of the French and constitutes their first item of expenditure. Finally, I will have the pleasure of personally meeting our shareholders this year at our next General Meeting on May 18, during which the shareholders will notably vote on a 25% increase in the dividend (at €2.50 per share) as a sign of confidence in the future, and our low-carbon and biodiversity roadmap, which reflects Nexity the ambition to lead the real estate sector in terms of decarbonization and the protection of biodiversity.’

Warning

The information, assumptions and estimates that the Company could reasonably use to determine its objectives are likely to evolve or change, in particular due to economic, financial and competitive uncertainties. Furthermore, it is possible that some of the risks described in chapter 2 of the universal registration document filed with the AMF under number D.21-0283 on April 9, 2021, could have an impact on the Group’s activities and the Company’s ability to achieve its objectives. Accordingly, the Company cannot guarantee that it will achieve its stated objectives and does not undertake to update or revise this information.

Contact:

Domitille Old

Head of Investor Relations

T: +33 (0)6 03 86 05 02

E: [email protected]

Geraldine Bop

Deputy Head of Investor Relations

T: +33 (0)6 23 15 40 56

E: [email protected]

(C) 2022 electronic news edition, source ENP Newswire

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