Immobel Capital Partners appoints Melinda Knatchbull as Chief Financial and Operating Officer

PRESS RELEASE

7/07/2022   Non-regulated information

London, July 7 at 09.30 AM BST

IMMOBEL CAPITAL PARTNERS APPOINTS MELINDA KNATCHBULL AS THE CHIEF FINANCIAL AND OPERATING OFFICER:

Immobel Capital Partners, the London-based investment management business of Immobel Group announces the appointment of Melinda Knatchbull as Chief Financial and Operating Officer. In her new role she will be responsible for the financial, operational and risk aspects of Immobel Capital Partners activities. Melinda has over 25 years experience in the fund management industry, with the last 20 focused on real estate. She has spent circa 20 years working alongside Duncan Owen, CEO of Immobel Capital Partners.

Melinda will work with Duncan, who joined to establish Immobel Capital Partners as CEO in January, together with Maureen Mahr von Staszewski as Head of pan European Office and Monica O'Neill as Head of Capital and Investor Relations. Immobel Capital Partners focuses on creating 'Green' pan European investment strategies in the office and residential sectors where Immobel Group is already a market leader.

Melinda joins from Schroder Real Estate, where she worked for over ten years, with responsibility for the global operations across the platform. With a strong focus on governance, she was responsible for chairing numerous committees including the Operating Committee, Risk and Performance Committee, Pricing and Valuations Committee. She was also responsible for implementation of regulations across the business including AIFMD, GDPR, Sustainable Finance Disclosure Regulation (SFDR), amongst others. A number of the real estate funds were rated by a variety of ESG benchmarks such as GRESB and Better Buildings Partnerships. Prior to joining Schroders, Melinda was Head of Fund Accounting at Invista REIM PLC, where she was instrumental in its IPO in 2006 with Duncan as its founding CEO.

Commenting, Duncan Owen, CEO, Immobel Capital Partners, said: "Mel joins a first rate senior team alongside Maureen Mahr von Staszewski as Head of Pan European Office and Monica O'Neill as Head of Capital and Investor Relations, making a clear statement of intent in terms of the growth and ambitions of Immobel Capital Partners."

Melinda Knatchbull, added: "I am pleased to be part of the founding team of Immobel Capital Partners to launch a unique and compelling proposition for investors that leverages the expertise of the Immobel Group. It is really exciting to be creating a sustainable real estate focused investment management firm."

For further details:

Caroline Kerremans* | Head of Corporate Communications

Immobel Group

[phone] [e-mail]

* as representative of Celeste CommV

About Immobel: Immobel Group is the largest listed real estate developer in Belgium. The Group, which dates back to 1863, creates high-quality,future-proof urban environments with a positive impact on the way people live, work and play, and specializes in mixed real estate. With a market capitalization of over EUR 650 million and a portfolio of more than 1,600,000 m² of project development in 7 countries (Belgium, Grand Duchy of Luxembourg, Poland, France, Spain, Germany, UK), Immobel occupies a leading position in the European real estate landscape. The group strives for sustainability in urban development. Furthermore, it uses part of its profits to support good causes in the areas of health, culture and social inclusion. Approximately 200 people work at Immobel.

About Immobel Capital Partners: As a subsidiary of Immobel Group, Immobel Capital Partners is a co- investing added-value manager of specialised real-estate strategies in the office and residential sectors. Immobel Capital Partners' investment philosophy is based on three central themes, underpinned by a strong real-estate track record and expert skills:

• Active search for winning cities across Western Europe.
• Investments in brown to green assets with excellent ESG credentials or the possibility to achieve excellent ESG credentials.
• Co-investmentto align interest with investors.

For more information, please go to www.immobelgroup.com