Interim statement by the supervisory board on the first quarter of 2021

• Organic rental income growth: 5%
• Real estate portfolio: € 1.045 million, growth of 3%
• Value increase due to the sharpening of the yields in logistics real estate with an average of 16 bp
• EPRA earnings per share: € 0,38 (€ 0,36 – first quarter 2020)
• EPRA NTA: € 23,63 per share (€ 22,40 – 31 December 2020)
• Occupancy rate: total 93%, stable
  • 88% offices: stable
  • 95% logistics real estate: stable
  • 100% logistics real estate The Netherlands: increase by 2%-points
• Debt ratio: 41,5%
• Average interest rate of the financing: 2,0% (2,0% - first quarter 2020)
• Intended gross dividend per share for 2021: € 1,53 - at the same level as for 2020
• Expected EPRA earnings per share 2021 based on current forecasts between € 1,62 and € 1,65
• Solid basis due to sectoral spread of the tenants, € 156 million non-withdrawn credit lines and a strong balance sheet