Deutsche EuroShop | Company Presentation | 10/25

DESAG 0 views 40 slides Oct 10, 2025
Slide 1
Slide 1 of 40
Slide 1
1
Slide 2
2
Slide 3
3
Slide 4
4
Slide 5
5
Slide 6
6
Slide 7
7
Slide 8
8
Slide 9
9
Slide 10
10
Slide 11
11
Slide 12
12
Slide 13
13
Slide 14
14
Slide 15
15
Slide 16
16
Slide 17
17
Slide 18
18
Slide 19
19
Slide 20
20
Slide 21
21
Slide 22
22
Slide 23
23
Slide 24
24
Slide 25
25
Slide 26
26
Slide 27
27
Slide 28
28
Slide 29
29
Slide 30
30
Slide 31
31
Slide 32
32
Slide 33
33
Slide 34
34
Slide 35
35
Slide 36
36
Slide 37
37
Slide 38
38
Slide 39
39
Slide 40
40

About This Presentation

Deutsche EuroShop | Company Presentation | 10/25


Slide Content

Compan PRESENTATION OCTOBER 2085

Company overview

Business and portfolio overview Investment portfolio
Deutsche EuroShop AG is a German listed shopping center company
= DES has total assets of €4.4bn, comprising of 21 centers, 17 in Germany and 4 in German

Austria and Central Europe (Czech Republic, Hungary, Poland) in exceptional high-
quality locations

= Most of the assets are in city centers / district centers in dense and growing urban
Locations, often forming the commercial heart of the respective city / district, that 2024 Revenue
benefit from exceptional footfall and are irreproducible €271m

‘= The portfolio benefits from a retailing mix with a high component of fashion, daily
necessities and further non-discretionary spend retailing

Cantata
so

Select asset impressions Key financial metrics
a Tous an se EU Em

Revenue

‘NOI

eit

Ea

Consolidated profit

before tax

Occupancy

D=S
Dc Ena
Shareholder structure
term
E

Market cap!
€1.4bn

en
MER son
mm mm mm
228 m3 ma
175 us za
128 m7 m3
ms mn wo
ms on tas
94% 93%? 95%

1 Asat 10 October 202512 The occupaney rate for 2023 and 2024 is based on floorspace whereas inthe previous years it was based on market rents, which corresponds tothe definition ofthe EPRA occupancy rate

Compan PRESENTATION OCTOBER 2025

Update on Business Activities H1 2025 — Summary

Business Development
Key operating figures in line with our expectations for H1
Decrease of footfall (-1.0%) and increase in retail sales (+1.3%)
Revenue €131.4 m (-1.1%), EBIT €103.9 m (-3.2%),

FFO €74.0 m (-8.8%)

Measurement gain of €10.3 m

Occupancy rate: 94.5%

Investment project Food Garden (Main-Taunus-Zentrum)

completed on time and on budget

Compan PRESENTATION OCTOBER 2025

Update on Business Activi D=S

Deutsche Eureshop

Financing and Liquidity
= Di

jend of €2.65 per share for FY 2024 paid on 2 July 2025
= LTV of 42.5% and solid cash position of €595.8 m
(before €200.7 m dividend payments for 2024)

= Steady funding situation with long-term financing partners

= Refinancing for 2025 completed, no loan maturities

before June 2026

= Successful placement of our first green bond in June 2025

(€500 m, matures in October 2030)

= Ahead of the issue we received a long-term issuer rating of BB+
(stable) from S&P Global Ratings

= The bond was given an investment-grade rating of BBB- by S&P

‘compan PRESENTATION OCTOBER 2025

iti =5
Positive Development of Retail Turnover’ and Footfall JDE 2.
EuroShop
50.000 1.000
209. daily footfall per center =—retailturnover per quarter in Em
40,000 800
CAGR +2.7%
30,000 = 600
20.000 400
CAGR +1.7%
10.000 200
2x =
E
Comparedtothe > En Um 4 sm
same quarter of | | i: I Im om oy
2 om om
_ m | | - an = A
CR | =

ar

1 Source: ECE Ithe data only refer to the DES portfolio inc. International centers) nominal sales development, not adjusted for inflation lin € (with exchange rate eects) Gl

‘compan PRESENTATION OCTOBER 2025

Insight into Retail Turnover H1 2025! =r

Deutsche Eureshop

EE =D
Food/Supermarkets/Discounter +02 87 10.4 76
Fashion Textiles -0.6 14.6 28.8 41.8
Shoes & Leather Goods -3.0 15.4 34 35
Sports 41 10.7 49 67
Health & Beauty +4.1 8.7 179 q
General Rel \cl. Department Stores) 01 13.5 11.2 16.8
Electronics 4.3 47 133 7
Services -2.4 8.5 22
Food Cz 0.1 16.0 47
TOTAL -0.4 4 11.3 100? 100?
Germany Abroad Total
> Retail turnover development on a like-for-like basis: 0.4% +1.1% -0.1%
— Absolute retail turnover development: +1.1% 41.9% +13%

1 German centers on ke-tor-tke basis (estimated turnover 2028: €1 9 biion) | 2The sum may notequal the total duet rounding qm

‘compan PRESENTATION OCTOBER 2025

European Portfolio with Focus on Germany D=S

Deutsche Eureshop

5 Nordrstedt

879 Hamburg

Wolsbur y,
Hameln 17

wagdeburg

© Dessau

Wuppertal 14 15 Kassel
11 Wetter
O

Neunkirenen 18 )Vernbeimt

‘compan PRESENTATION OCTOBER 2025

Maturity Distribution of Rental Contracts! D=S
sa
2025
2031 onwards

Long-term contracts base 3% 2026

rental income 13%

Weighted maturity 5.4 years

2024 4.7 years

11%) 2027
94.52%
95
10%
2028
12% 14%
2030 2029

1 8% ofrentalinceme a at 30 June 202512 Occupancy rate based en teasable sp

>. EPRA occupancy rate based on market rents stands at 96.7% fs

‘compan PRESENTATION OCTOBER 2085

Tenant Structure - Low Dependence on Top Tenants

Deutsche Eureshop

zu 2024 | Low level of dependence on the Top 10 Tenants!

H&M 2.6% 2.7%

Deichmann 2.5% 2.4%

New Yorker 25% 24%

C&A 2.5% 2.1% 22%
Ceconomy 2.4% 2.2%

P&C Dússeldorf 2.3% 2.2%

Bestseller Group | 20% 15%

Douglas 2.0% 1.9%

TK Maxx 1.8% 1.7%

dm-drogerie markt 1.7% 1.6%

Total 22.3% 20.7%

Top 10 Tenants

ED)
COMA PRESENTAN OCTOBER 2025 =c
Sector Mix’ - Balanced Sector Diversification D=S

Deutsche Eureshop

Food & supermarkets Health & beauty
is 1.6%

10.3 Catering

5.6% Drug stores &
Non-food/electronics hypermarkets

18.6% 4.5%

Leisure &
entertainment
42%

Services
TN =

Balanced sector
diversification
> ran

Fashion
47.2%

1 As % of renal space asa 30 June 2025,

‘compan PRESENTATION OCTOBER 2025

Vision - Omnichannel-Platform DES

Deutsche Eureshop

Digitalization as key to integration of retail platforms

Customers

hdd Ak Ak hdd hd

| y
Marketing channels Marat Online shop
places tenant

Website, apps and

Mall visit newsletter

Google @atagam.
idealo facebook

Pick up in mall Delivery from malt

Center

‘compan PRESENTATION OCTOBER 2025

Main-Taunus-Zentrum: Food Garden

Picture: ECE

D=S

Deutsche Eureshop

Major investment in the DES portfolio

Approx. €28 m total investment for the

strategic advancement of the center
Very high sustainability standards

Completely let, high-quality tenant
structure: Alex, L'Osteria, The Ash

and others

Grand opening on 10 April 2025

MPA PRESENTATION OCTOBER 2025

Valuation’ - Investment Properties 30 June 2025

ine mund 30.06.2025 30.06.2024 CHANGE
Revaluation 9,752 -20,172
Revaluation at-equity 747 5,071
Profit from disposal 0 o
Minority interest -232 2,503
‘Valuation result before taxes. 10,267 -12,598
Deferred taxes. -1,526 2,267
Valuation result after taxes? 8,741 -10,331
ea 8 61 652

587
516

553 Sa 545
513

aga 493 501 512

2016 2015 2016 2017 2018 2019 2020 2021 2022 2023 202% 2025

Net operating yield ind —@—Netintial ie in e

1 External appraiser: JL (since 2015) 12 Atriutable to group shareholders | 3 Nominal ateo ent increases using the OCF method during

ges in the occupancy rate Change ol -/+100098

Deutsche Eureshop

Stable property valuation

» Slightly positive valuation result of €10.3 m

+ Yields marginally improved, EPRA NIY up from 5.84% to 5.89%
+ Portfolio value increased by €25.8 m, driven by investments

Sensitivity Analysis

en sis Changeot-25bps Change of+2bps
Rent increase rates? 1.48% -115,6 +120,5
Cost ratio 11.93% +41,8% -46,0*
Discount rate 7.07% +70,0 -72,2
Capitalization rate 5.78% +102,0 -98,6

10 10-year measurement period, including intaton-reatedrentndexing

Compare PRESENTATION OCTOBER 2025

Revenues — Impacted by Rental Incentives Granted and Lower Income D=S

Deutsche Euroshop
from Apportionable Land Taxes and Insurance

Revenues » Revenues decreased by €1.5 m to €131.4m

in € million 132.8 131.4 = While contractual rents increased slightly, revenue from rental

income fell slightly overall due to rental incentives granted
+ Revenue from land tax apportionments and insurance expenses

© decreased by €0.7 million due to Land tax reforms
1.1% | 30 June 2025 30 June 2024
506 2035 Share of revenue Share of revenue
Abroad Abroad
22% 21%
07%) 1
Domestic Domestic
78% 79%
(eam (oa)

COMA PRESENTAN OCTOBER 025
EBIT - Decrease Resulting from Lower Rental Revenue as well as from
One-Off Expenses related to Non-Apportionable Ancillary Costs

EBIT
in € million

©

-3.2%

EBIT bridge 2025
in € million

15

2020 Roser

107.4
2024
0.4
22
raring nd Anarene
coats ter property receivables

103.9

2025

02

ter operating

10:

205

= EBIT below the previous year -3.2% (€-3.4m)

D=S

Deutsche Eureshop

= Largely due to one-off expenses related to non-apportionable

ancillary costs associated with the renewal of technical

equipment and storm damage, which have been reimbursed by

the building insurance

= Land tax expenses have fallen sustainably due to the lower land
tax liability following the land tax reforms:

Revenue

Operating and administrative
costs for property

Allowance and write-off
of receivables

Not
Other operating income
Other operating expenses
esr

01.01. - 30.06.2025

131,363

-24308

3841

103,216
5099
-4379
103,934

01.01.-30.06.2024

132847

22.086

4318

106443
4,565
3656
107.352

MPA PRESENTATION OCTOBER 2025

Financial Result' - Increased Interest Expenses following Loan Increases

Financial result!

in € million 2024 2025
-13.8%
25.3
-288

Financial result bi
in € million

ge 2024

2024 Interest AvEquly Olherfinaneal Minor 2025

1 Excluding vatuston

= Financial result decreased: €-3.5 m

ES

Deutsche Eureshop

= Interest expenses up by €3.9 m due to further loan increases
and higher interest rates for follow-on loans

= Other financial result comprises interest income as well as
€-0.7m expenses for the termination of a swap in the course of
the repayment of the loan for Stadt-Galerie Hameln

At-equiy proft/loss

Measurement gains/losses
{at equity)

Deferred taxes (at-equity)
At-equity (operating) profitloss.
Interest expense

Profi/loss attributable
to limited partners

Other financial result (nel. Swaps)

Financial result?

4310

“2615

7219

823
-28,801

01.01. -30.06.2026
9213

son
148
4290
22710
21:05
206
25299

Coma PRESENTATION OCTOBER 2025

EBT’ - Below Previous Year due to Lower EBIT and Increased Interest Expenses d DES.
tacho EuroShop

EBT! = EBT excl. valuation below previous year by -8.4% (€-6.9m) due

in € million to a downturn in EBIT as well as in the financial result - mainly

82. 754 due to the increase in interest expenses (€+3.9m)
= Interest income from short-term bank deposits below prior

o year at € 1.6m

2024 2025
netousand 01.01. - 30.06.2025 01.01. 30.06.2024
eer 103,934 107,352
EBT' bridge 2024
ii Financial result? 28,801 25299
in € million
eer 75133 82053
11 06 75
39 06 | |
2024 Standing interest Other financial Interest Resuttrom 20256
et expenses expenses income anGlary costs

MPA PRESENTATION OCTOBER 2025

Consolidated Result - Increase from Higher Valuation Result d DES.
tacho EuroShop

Consolidated result Consolidated result increased by €10.3 m

in € million 59.3 58 = Decreased result from operations (EBT €-6.9 m)

= Valuation result (€+22.9 m)
= Higher taxes (€-5.3 m), mainly due to increased deferred taxes

2024 2025 Earnings per share increased from € 0.78 to € 0.92

in tous 0101. 30.06.2025 01.01. 30.06.2024
er 75133 82053
Valuation result" 10267 712.598
Taxes! 15.624 9.958
Consolidated result 69,776 59,500
Consolidated result per share in € 092 0.78
o number cl 75743854 76.283.452

no-par-value shares issued

MPA PRESENTATION OCTOBER 2025

Funds From Operations (FFO) - Lower due to Decreased EBIT and Financial Result

FFO
in € million

© 740

-8.8%
2024 2025

Funds From Operations (FFO)
are used to finance the distribution of dividends, scheduled repayments on
our long-term bank loans and ongoing investments in portfolio properties.

= FFO decreased from €81.1 m to €74.0 m
due to lower EBIT as well as lower financial result

= FFO per share decreased from €1.06 to €0.98

Funds From Operations

01.01. 30.06.2025,

Consolidated profit 69.776
Valuation investment properties’ -10267
Non-cash interest expenses!2 2280
Deferred taxes’ 12195
FFO 73,984

Weighted number of
no-par-value shares issued

092
-013

003

016
098

75,763,856

D=S

Deutsche Eureshop

01.01. -30.06.2024

59,500
12598
2095
6919
81,112

including the share atiriutaie to equi-accounted joint ventures and associates 12 Due tothe consideration o he non-cash interest expenses in the FFO calculation the prior ear figures have been adsted

coran,

078

016
0.03

009
1.06

76283452

‘compan PRESENTATION OCTOBER 2085

Balance Sheet — Solid and Robust Structure =r

Deutsche Eureshop

Equity ratio 42.3%", LTV at 42.5% (EPRA LTV 44.7%?)
Green bond of €500.0 m with a coupon of 4.5 % issued in June

Balance sheet structure

in € million = Loans for Norderstedt and Hameln fully repaid in June (€143.1 m)
= Other liabilities from dividends of €200.7 m paid on 2 July 2025
= Group liquidity: €595.8 m
‘4,770.7 ‘4,770.7 Balance sheet as at 30 June 2025
4,364.4 4,366.4
> en a ur
Nan N SS N Mai veal 1.754613 1,884,540 129927
AAA ae a ae
2024 2025 2025 2024 Financial liabilities 2,136,287 1,808,374 327913
Assets Liabilities LTV ratio in %? 425% 39.2%
Dr a

Yinciding rd-prty
LTV eateuation nel

Comparer PRESENTATION OCTOBER 2025

Net Tangible Assets (EPRA) - Decrease Following Dividend Resolution

and Issuance of a Green Bond

EPRA NTA
in € million (per share in €)

5.5%
23744 24144
Es 2198.0 20779
sise snore sisee ue
2021 2022 2023 2024 2025
618 61.8 765 15.7 15.7

Number of shares as at the Reporting Date (in m)

including te share atibutale to equi-accounted joint ventures and associates

= EPRANTA per share decreased due to liabil

Deutsche Eureshop

ies for dividend

payments and the issuance of a green bond to €27.43 (-5.5%)
= Share price discount to NTA: 31.5% (13 August 2025)

EPRA NTA

Equity
Derivative financial instruments
measured at fair value’

Equity excluding derivative
financial instruments

Deferred taxes on investment properties
and derivative Financial instruments!

Intangible assets
Goodwill as a result of deferred taxes
EPRANTA

Weighted number of
no-par-value shares issued

30.06.2025
ra 2818
1912 003
1.756.525 2319
373131 492

26 000

179 48
2077911 2743
75,743,854

1,884,540

3.128

1,987,668

362055

2
sine
2197992

31.122024
2488

004
2492

478

0.00
068
29.02

15.743854

MPA PRESENTATION OCTOBER 2025

Financing Structu:

Key credit metrics

uv Secured LTV IcR

42.5% 29.9% 47

Average interest rate || Weighted maturity || Net debt/EBITDA
3.2% 5.3 years 0x

* Long-term diversified financing structure at low avg. interest costs

= Strong and sustainable investment-grade credit metrics

= Steady funding situation with 18 long-term financing partners and

proven capital markets access
» Refinancings only from 2026 onwards

Development of the annual average interest rate

EA

2007 208 200 200 a0 2012

1 A8 0130 Juno 2025 | 2 Green Bond maturing on 15 October 2030

MS sn a

ms m a5

ES

Deutsche Eureshop

Maturity profile
Shore of

financial [0%] [7%] [2] [7%] [ex] [53%] [ex] [10%] [10%] [2x ]-[100%
liabilities

00 6.0%
5.0%
a 4.0%
3.0%
200,0 2.0%
ä ar y TE
Ek = 0.0%
2025 2026 2027 2028 2029 2030 2031 2032 2033 2034
Total amount = Average interest rate

%

a a GEF VFREER 20 mE

2016 27 mme Om ER A 24 as

‘compan PRESENTATION OCTOBER 2025

=5
Forecast D=S
Deutsche EuroShop
REVENUE EBT EXCL. VALUATION FFO
Em Em Em
268-276 169.5 1713
2733 2714 E 2 150-158 150 1571 145-153
2023 2024 2025 2023 2024 2025 2023 2024 2025
EBIT NUMBER OF SHARES? FFO PER SHARE
Em mn €
212.7 216.3 209.2217, 751 zer 75.7 | 2.06 1.91 - 2.02
2023 2024 2025 2023 2024 205 2023 2024 2025

1 0ne-of effect on other operating income in the amount of around € 15 million or €0.20 per share (exc. taxes | 2 Avg. numbers, 2024 incl. 373,891 treasury shares, 2025 incl 720,465 treasury shares. La

‘compan PRESENTATON OCTOBER 2025

Share Performance and Dividend Track Record

Deutsche Eureshop

Dividend per share’
— NTA (NAV) per share

— Share price

5.00 ee 45
40.46
4.50 @
4.00
35
3.50
27.43
3.00 =
250 25
s
2.00 182 »
1.50
15
1.00
0.50 10

1.05 110 110 1.20 1.25 130 135 140 145 1.50 0.00 0.04 1.00 445? 260 2.654
0.00 5
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

1 Respectively paid forthe previous FY 12 €2.50 paid on 1 September 2023 and 1.95 paid on 11 January 2024 13 As of 30 June 2025 | 4 Paid on 2 July 2025 | 5 As 01 9 October 2025 he

‘compan PRESENTATION OCTOBER 2085

Shareholder Structure’
DeutacheEuroshop
Other
Hercules BidCo 2.0%
77.2%
Germany
98.0%
Institutional
Investors
4.4%
Pri i] tc
Ma Ian Maren Otto
6.6%

Sof 1 October 202512 In accordance wih the rules and regulations of Deutsche Borse

‘compan PRESENTATION OCTOBER 2025

S

D =
Deutsche Eureshop

Analysts‘ Consensus!

in€

mnegative

Revenue (€ m)
EBIT (€ m)

2172

215.0

197

FFO per share

neutral

NTA per share
Dividend

1.05

mpositive

20.94

Price target (mean)

3
3

EEE

9

©

Sell

Buy

Outperform

Neutral

Underperform

+ Bank of America

+ Baader Bank

+ Berenberg Bank
= Kepler Cheuvreux
= MM. Warburg

1 Aggregated by DES, median values, stats: 18 August 205,5 anaiyts

MPA PRESENTARON OCTOBER 2025

Key Data of the Share

Listed since
Nominal capital

Outstanding shares.

Class of shares

Dividend for 2024 (paid on 2 July 2025)

52W High

52W Low

Share price (9 October 2025)

Market capitalization

‘Avg. turnover per day last 12 months (XETRA)
Indices

Official market
OTC market

ISIN
Ticker
Market maker

D=S

Deutsche Eureshop

02.01.2001
€75,743,854.00
75,743,854
Registered shares
82.65

23.65

16.34

€1822

€1.38 billion
19,715 shares

'SDAX, CDAX, EPRA, HASPAX, Prime All Share
Index, Classic All Share Index

Prime Standard Frankfurt and XETRA

Berlin, Dusseldorf, Hamburg, Hanover,
Munich and Stuttgart

DE 000 748 020 4
DEQ, Reuters: DEQGn.DE
Baader Bank

‘compan PRESENTANON OCTOBER 2025

Key Data of the €500 M

ion Green Bond Maturing in 2030 (4.50%)

Issuer
Issue date
Stock exchange admission / listing

Issue volume
Issue price

Interest coupon

First coupon payment
Maturity

LA ser eet rating rom SaP

Senior unsecured cr

rating from S&P

D=S

Deutsche Eureshop

Deutsche EuroShop AG
18 June 2025

Euro MTF Market of the

Luxembourg Stock Exchange (unregulated)
500,000,000

99.77%

4.50% (annual payment)

15 October 2025

15 October 2030

BB+ (stable)

BBB-

‘compan PRESENTATION OCTOBER 2025

Consolidated Income Statement H1 2025

€ thousand 01. 30.06.2025
Revenue 131,363
Property operating costs 216.717

Property management costs
Write-downs and disposals of financial assets
Net operating income (NO!)

Other operating income

Other operating expenses

EBIT

Share in the profit or loss of associates and joint
ventures accounted for using the equity method

Interest expense
“Profit / loss attributable to limited partners
Other financial expenses

Interest income

Financial gains/losses

Measurement gains/losses

EBT

‘Taxes on income and earnings

Consolidated profit

Earnings per share (€)

01.01.- 30.06.2024

132,847
ans
13M
4318
106,443
4,565
3,656
107,352

9213
-22.770
1.105

2.162
-20,376
-17,669

69,307

59,500
078

IM

I]

D=S

Deutsche Eureshop

MPA PRESENTARON OCTOBER 2025

Consolidated Balance Sheet H1 2025

€ thousand

Non-
current
assets

Current
assets

Intangible assets

Property, plant and equipment

Investment properties

Investments accounted for
Using the equity method

Total Non-current assets
Trade receivables

Other current assets
Cash and cash equivalents
Total Current assets

51,745
360
3992521
102212

4,146,838
10910
17.017

595,831
623,858

4,770,696

31.12.2024 € thousand
51,731 Subscribed capital
Capital reserves
u Equity 2nd “Retained earnin
3.966.721 reserves Retained earnings
lass Treasury shares
Total equity
4,120,357 Financial abilities
iain Deferred tax liabilities

Liabilities from limited

16999 Norccurret orinerconiribuions of
212408 hon-<ontoling interests
244.008 Other labs

Total Non-current liabilities
Financial liabilities
Trade payables

Current Taxliabilities
liabilities Other provisions
Other liabilities

Total Current liabilities

4,366,405

76,464
793,943
884,926

-720

1,754,613

2,126,514
363,210

262,999
2,907
2,753,630
11,773
9.631
14,076
11,236
215,737
262,453

4,770,696

D=S

Deutsche Eureshop

31.12.2024

76.464
193,943
1,014,853
-720
1,884,540
1,795,909
350,887

261,156
ans
2,412,667
12,465
7,349
16,876
12,669
17.839
67,198

4,364,405

‘compan PRESENTATION OCTOBER 2025

Our Partner ECE, D=S

Deutsche Eureshop

ECE Group develops, plans, builds, leases and manages real
estate in the sectors shopping, office, hotel, residential and
industries since 1965

Originally ECE was an abbreviation for the German word
Einkaufscenterentwicklung (Shopping center development)

100% privately owned by the Otto family
Assets under management

— Approx. 200 shopping centers

- €33.3 billion market value

- 7.0 million sqm overall sales area

— Approx. 20,000 retail businesses

— 4.0 million daily visitors

Active in 13 countries

~ Austria, China, Czech Republic, Denmark, Germany,
Hungary, Italy, Poland, Qatar, Slovakia, Spain, Turkey
and United Kingdom

‘compan PRESENTATON| OCTOBER 2025

Environmental, Social & Governance D=S

Deutsche Eureshop

Reduction of CO, Emission and Electricity Consumption

Climate protection is a top priority for Deutsche EuroShop umber of cantara included

Tota etetricty consumption in mu
We firmly believe that sustainability and profitability are not mutually

00, reduction int
exclusive. Neither are shopping experience and environmental
awareness. Long-term thinking is part of our strategy, and that includes
a commitment to environmental protection

Deutsche EuroShop also supports a diverse range of local

and regional activities that take place in our shopping centers

in the areas of the environment, society and the economy

‘The following institutions regularly analyse Deutsche EuroShop with

regard to its ESG factors:
© EthiFinance
> ISSESG

S&P Global Corporate Sustainability Assessment

Sustainalytics

2008 2010 2012 2014 2016 2018 2020 2022 2024

‘compan PRESENTATON| OCTOBER 2025

Environmental, Social & Governance

Deutsche Eureshop

DGNB Sustainability certificates
The German Sustainable Building Council (DGNB) has
awarded sustainability certificates to all 21 Deutsche
EuroShop shopping centers, 20 in Gold and 1 in Platinum.

TÚV Sid has certified the electricity used in Deutsche

EuroShop's German centers with the prestigious

poca ON teins

“Okostrom” green electricity label

2024 saw Deutsche EuroShop awarded the EPRA sBPR
‘Award in “Gold” by the European Public Real Estate
Association (EPRA) for the eigth time in a row

Source: ECE (photos and visualisation)

‘compan PRESENTATION OCTOBER 2025

Rhein-Neckar-Zentrum: New Photovoltaic Plant D=S

Deutsche Eureshop

ER Photovoltaic system has been installed on the roof of the center

© Completed in April 2024
& Investment: €1.1 m

© Output: 770 kilowatt peak (kWp)
fe. Level of self-sufficiency: 21%

En) Electricity costs of around €139 k per year can be saved in future

Source: ECE

‘compan PRESENTATION OCTOBER 2085

Green Finance Framework D=S

Deutsche Eureshop

Renewable Energy
» EU Taxonomy activity number 7.6 Installation, maintenance and repair of renewable energy technologies
Green Buildings

* EU Taxonomy activity number 7.1 Construction of new buildings

» EU Taxonomy activity number 7.2 Renovation of existing buildings

" EU Taxonomy activity number 7.3 Installation, maintenance and repair of energy efficient equipment
* EU Taxonomy activity number 7.7 Acquisition and ownership of buildings

Clean Transport

* EU Taxonomy activity number 7.4 Installation, maintenance and repair of charging stations for electric
vehicles in buildings (and parking spaces attached to buildings)

Second Party Opinion (SPO) EEE

Sarcoma GALS

mm “tomes 49 oe SECOND- .
ES PARTY ae

% a © OPINION

+ Sustainable Fitch has provided a SPO on Deutsche EuroShop's Green Ki

Finance Framework LMA ==...

ble Fitch Limited assessed transactions under the framework mona

to be aligned with the ICMA Green Bond Principles and the Loan Principles
Market Association, Loan Syndications and Trading Association, and

Asia Pacific Loan Market Association Green Loan Principles Garma LSTA

ar

‘compan PRESENTANON OCTOBER 2025

Germany 1/2!

Moines am

num contr
Locos ta “en
— 520% 100%
Late Space sam 124000 121.000
Parking 1500 4.000
Number of Shops? m 200
occupancy Rate? om 0.
Catchment rea 2.1 inhabitants 1.1 minabtants
store 2024 78m 47m
a une mn moi

1 Status: 31 Dec 20241 2 Approximately | As % of easabe space

100%

77.000

500

200

96%

1.4 minhabitants

120m

2002/2019

Rhein-Neckar-
Zentrum

Viernheim/
Mannheim

100%

69.500

3800

mo

95%

1.6 minhabitants

84m

1972/2018

Herold
Center

Norderstedt

100%

54,300

850

140

93%

0.5 minhabitants

92m

1971/2018

Rathaus-
Center

Dessau

100%

52,500

850

90

89%

0.3 m inhabitants

50m

1995/2019

D=S

Deutsche Eureshop

Sh Es

Allee
Center

Magdeburg

100%

51,300

1,300

150

9%

08 m inhabitants

85m

1998/2019

Phoenix
Center

Hamburg

150%
43,400

1400

130

96%

0.5 minhabitants

18m

2004/2020

‘compan PREseNTATON OCTOBER 2085

Germany 2/2' D=S

Deutsche Eureshop

mm,
Sonda E

Bilstedt- Saarparke Allee: city cy city: Stadt Stadt-

Center Center Forum Center Galerie Arkaden Point Galerie Galerie
Location Hamburg Neunkirchen, Wetzlar. Hamm Wolfsburg Wuppertal Kassel Passau Hameln
Investment 100% 95.0% 100% 100% 100% 100% 100% 100% 100%
Lettable Space sqm 42500 35.400 34500 34,000 30800 28,700 27,800 27.700 26000
Parking 1.500 1.600 1700 1.300 800 650 20 500 500
Number of Shops? mo ms mo ” 100 80 so 85
Occupancy Rate? sex 95% ou 91% Dr 90% 19% 97% sex
Catchment Area? 08 minhabitants 0.7 minhabitants 0.5 minhabitants O.4minhabitants 05 minhabitants 0.7 minhabitants 0.6 minhabitants 0.8 minhabitants 0.3 minhabtants
Visitors 2024 103m 49m 15m 49m 59m 78m 15m 4m sm
perio! 1969/2019 1989/2020 2005/2020 199272028 2001/2023 2001/2023 2002/2015 2008 2008/2024

last refurbishment

1 Status: 31 Dec 20241 2 Approximately | As % of easabe space

‘compan PRESENTARON OCTOBER 2025

Europe’

Location

Investment
Lettable Space sam
Parking

Number of Shops?
Occupancy Rate?
Catchment Area?
Visitors 2024

Opening
last refurbishment

Olympia

Brno,
Czech Republic

100%
85,000

4000

200

9%

1.2 minhabitants

82m

1999/2023

193

99%

1.1 minhabitants

70m

2007/2023

1 Status: 31 Dec 20241 2 Approximately | As % of easabe space

Klagenfurt,
Austria

50.0%
36,900

880

120

om

0.4 minhabitants

49m

2008

Árkád

Pécs,
Hungary

50.0%
35400

eso

130

99%

0.7 minhabitants

105m

2006

DES

Deutsche Eureshop

‘compan PRESENTATION OCTOBER 2025

2025

13.11.
20.11
11.12.

2026

20.11.
11.12.

inancial Calendar

Quarterly Statement 9M 2025
Kepler Cheuvreux Pan-European Real Estate Conference, London

CIC Forum by Market Solutions (virtual)

Kepler Cheuvreux German Corporate Conference, Frankfurt
Bank of America EMEA Real Estate CEO Conference, London

D=S

Deutsche Eureshop

‘compan PRESENTATION OCTOBER 2085

Contact

Deutsche EuroShop AG
Investor & Public Relations
Heegbarg 36

22391 Hamburg

Tel. +49 (40) 41 35 79 - 20/- 22
Fax +49 (40) 41 3579 - 29

E-Mail: [email protected]
Web: www.deutsche-euroshop.com

nprtnt Notice Forwrd.Locking tement
Sistementein he prsentao eating o future sais or cumstances, lug sttemets regarding management pans and oje o future operation, stes and earings
fone oreo og ir ons rd rato eon stes ROME ae ocd lao Le es on Ce a ng cota
any factors col cause te actual rests be mater feront from hse that may ba expressed or imple by such statements Deutsche Eure ha does tien 1 update these
Farma sing statment ad oe not ss any tono ds o

Rounding rte f change

cnn aa rs sin pt mo jc ud fer Te ts are sd oran coito rre re nc bs

D=S

Deutsche Eureshop

© instagram com/deutscheeuroshop
men youtube.com/DeutscheEuroShop
I} facebook com/euroshop

# slideshare.net/desag

X xcom/des_ag

ae fickrcom/desag

ES ir-mallcom

CERRE ¡SEE

FZIA
Tags