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Press release Paris , 11 May 2021 , 5:45 pm 八 ALTAREA Revenue of € 655.1 million ( + 15.7 % ) driven by Residential Residential : good level of new orders despite supply shortages • • New orders : 2,121 units ( + 4 % ) valued at € 587 million ( -8 % given change in the customer mix ) Revenue : € 537.8 million ( + 39 % ) , driven by built - in momentum and smooth technical and commercial project development Business Property : major deliveries and new developments • Delivery of Bridge , Orange's new head office in Issy - les - Moulineaux • Delivery of Eria in La Défense ( Campus Cyber ) • Reloading the pipeline in Île - de - France and the regions Retail : retail trading still disrupted pending the lifting of lockdown on 19 May • Rental income : € 47.5 million ( -2.1 % on a like - for - like basis ) • Recovery rate in Q1 2021 : 67.7 % ¹ • Strong leasing activity on the existing portfolio and projects under development Urban transformation : major progress on two large mixed - use projects . • Quartier Guillaumet , Toulouse ( 101,000 m² ) : commencement of work and ÉcoQuartier labelisation Bobigny - Coeur de Ville ( 104,000 m² ) : demolition of the existing shopping centre completed Very robust financial indicators • Q1 consolidated revenue : € 655.1m ( + 15.7 % ) • Net debt² : € 2,316m ( down € 310 million over 12 months ) General Meeting of shareholders of 29 June 2021 at 3 p.m. • • Proposed dividend up 5.6 % to € 9.50 / shar , with an option to take part - payment in shares³ The major shareholders representing alltogether nearly 80 % of the capital , already announced their intention to opt for the part - payment in shares . Unaudited data as of 31 March 2021 1 Or € 53.9 million received out of € 79.5 million in rents and charges billed ( including VAT ) . 2 Consolidated net bank and bond debt . 3 Shareholders will be free to choose between a full payment in cash or a payment 50 % in shares and 50 % in cash . Press release - 3 - month 2021 Revenue and Business activity ALTAREA 1