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XIOR STUDENT HOUSING Interim announcement by the Board of Directors Third quarter 2021 – ending 30 September 2021 PRESS RELEASE Antwerp , Belgium - 26 October 2021 - Embargo until 7:00 ( CET ) Regulated information Confirmation of expected earnings and dividend for 2021 Return of campus life : unseen rush for student rooms in all countries Key figures for Q3 2021 • • Q3 2021 results in line with expectations Confirmation of EPRA earnings forecast of EUR 1.80 per share for 2021 , ( an increase of 6 % ) EPRA earnings 1 - group share of EUR 1.19 per share - ( EUR 1.22 after IFRIC 21 adjustment ) EPRA earnings - group share of KEUR 28,770 , which is an increase of 35 % compared to Q3 2020 – ( KEUR 29,537 after IFRIC 21 adjustment ) - Net rental result increases to KEUR 53,998 , a 32 % increase compared to Q3 2020 • • EPRA NAV / share of EUR 35.83 compared to EUR 34.87 as at 31 December 2020 • • • EPRA NTA / share of EUR 35.09 compared to EUR 33.99 as at 31 December 2020 Debt ratio of 50.71 % compared to 54.18 % as at 31 December 2020 Occupancy rate of 97.8 % for the first 9 months of 2021 compared to 97.7 % for 2020 full year The property portfolio rises to MEUR 1,741 with 12,595 lettable units . If the entire committed pipeline is completed , the portfolio will rise to approx . MEUR 2,200 , with over 18,000 lettable student units Return of campus life : unseen rush for student rooms in all countries • Rental season started significantly earlier • Increased retention : longer studies & making up for a lost year Increased demand : growing student population , Brexit , return of international mobility • Unseen rush due to extra covid effect • Much earlier full occupancy of the Xior portfolio I. KEY FIGURES Consolidated income statement Net rental result Property result in KEUR 30/09/2021 30/09/2020 53,998 41,057 52,916 40,286 Operating result before result on the portfolio 38,162 29,602 Financial result ( excluding variations in the fair value of financial assets -6,947 -6,451 and liabilities ) EPRA earnings -group share 28,770 21,269 EPRA earnings - group share after IFRIC 21 adjustment 29,537 21,845 Result on the portfolio ( IAS 40 ) -9,152 -19,297 1 Xior Student Housing NV uses alternative performance measures ( APMS ) to measure and monitor its operational performance . The European Securities and Markets Authority ( ESMA ) has issued guidelines applying as from 3 July 2016 for the use and explanation of alternative performance measures . Chapter 10.8 of the Annual Financial Report 2020 includes the concepts Xior considers as APMs . The APMs are marked with and are accompanied by a definition , an objective and a reconciliation ( see X and XI of this Press Release ) , as required by the ESMA guideline . 1