Nexity : Webcast presentation - Q1 2022

Q1 2022

Business activity and revenue

27 April 2022

DISCLAIMER

The information contained in this document has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. Neither the Company, nor its shareholders, nor their advisors or representatives, nor any other person shall have any liability whatsoever for any loss arising from any use of this document or its contents or otherwise arising in connection with this document.

This document does not constitute an offer to sell or an invitation or solicitation of an offer to subscribe for or purchase any securities, and this shall not form the basis for or be used for any such offer or invitation or other contract or engagement in any jurisdiction.

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 Chapter 2 of the Universal Registration Document filed with the AMF under number D.22-0248 on 6 April 2022 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;

No assurance is given as to the fairness, accuracy, completeness or correctness of the information or opinions contained in this document.

All financial figures are presented according to IFRS with joint ventures proportionately consolidated.

FIRST QUARTER 2022

KEY FIGURES AND HIGHLIGHTS

New homes:Stable reservations 3,490 units

• ▪ Quarter traditionally not representative of the activity expected during the year

  Development Backlog ~2 years of revenue

  €6.5 bn

• ▪ Continued good sales momentum in Residential Real Estate

• ▪ Persistent supply shortage

  Services: +11% in revenue

• ▪ Very strong growth in Services, driven by coworking activities

• ▪ No significant short-term impact of the global geopolitical context on business

  Dividend for the fiscal year 2021

  €2.50 / share

• ▪ Increase in construction costs managed and absorbed for new projects

LEADERSHIP IN DECARBONATION IN REAL ESTATE SECTOR A STRENGTHENED AMBITION

ENHANCED CARBON DECREASE TRAJECTORY*

10% MORE AMBITIOUS THAN FRENCH REGULATION (RE 2020)

CO2 emissions /sq.m

Old trajectory certified by SBTi "Well below 2°C"

-22%**

New trajectory

-42%**

2022

2025

2028

2031

Old trajectory "Well below 2°C"New trajectory*

Statutory thresholds (French environmental regulation - RE 2020)

* Nexity is targeting a SBTi certified trajectory which is 1.5 °C-aligned

PROTECTING BIODIVERSITY THROUGH 4 COMMITMENTS

• 1. Measure biodiversity footprint across all business activities

• 2. 100% of residential and commercial projects delivered from 2023 with planted areas

• 3. Contribute to limiting soil sealing and land artificialisation on the development projects delivered from 2024

• 4. Train and engage 100% of the involved employees by the end of 2022

** Change in 2030 vs 2019 of GHG emissons linked to the life cycle of buildings delivered as part of the development activity (Scope 3). In CO2/ sq.m eq.

RESIDENTIAL REAL ESTATE CONTINUED STRONG DEMAND

A BALANCED CLIENT MIX

3,490 reservations BULK SALES

• ▪ Strong base of social housing operators

  39%

• ▪ Institutional investors still attracted by the defensive and resilient nature of residential real estate

RETAIL SALES

61%

• ▪ Still attractive financing conditions

  Social housing operatorsInstitutional investorsIndividual investorsHomebuyers

• ▪ Sales price per sq.m up 4.2% in supplied-constrained areas ("A" and "B1" zones, accounting for 80% of Nexity's reservations)

Q1 2022