VERONIQUE BEDAGUE, CHIEF EXECUTIVE OFFICER, COMMENTED: 'Business activity and revenue in the first quarter, traditionally contributing the least to the results of the year, are in line with our expectations. New home reservations remained strong, supported by continued low interest rates and strong available liquidity. The +11% revenue growth posted by our Services activities continues to demonstrate the relevance of our unique integrated real estate operator model. 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 weathering the actual period of instability with confidence and does not observe any short-term significant impact of the global geopolitical context on its business activity or on the progress of its projects. Thanks to the strength of its backlog, the financial targets set last February for the full year 2022 remain unchanged. Thanks to our unique business model, our size and our leadership position we are already taking action to anticipate and absorb any potential deteriorating economic conditions in the coming months.

We hope that, coming out of the presidential elections that have just been held, there will be a collective political awareness in order to address the many challenges raised by housing in our country, which has been the great absentee of this presidential campaign even though it is at the heart of French people's lives and constitutes their first item of expenditure. Finally, I will have the pleasure of meeting our shareholders in person this year at our next Shareholders' Meeting on 18 May, during which will be notably submitted to shareholders' vote a 25% increase in dividend (to EUR2.50 per share) as a sign of our confidence in the future, and our low-carbon and biodiversity roadmap, which reflects Nexity's ambition to be the leader in the real estate sector in terms of decarbonation and biodiversity protection.'

Disclaimer

The information, assumptions and estimates that the Company could reasonably use to determine its targets are subject to change or modification, notably due to economic, financial and competitive uncertainties. Furthermore, it is possible that some of the risks described in Section 2 of the Universal Registration Document filed with the AMF under number D.21-0283 on 9 April 2021, could have an impact on the Group's operations and the Company's ability to achieve its targets. Accordingly, the Company cannot give any assurance as to whether it will achieve its stated targets and makes no commitment or undertaking to update or otherwise revise this information

Contact:

Domitille Vielle

Head of Investor relations

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

E: investorrelations@nexity.fr

Geraldine Bop

Deputy Head of Investor relations

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

E: investorrelations@nexity.fr

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