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Investor Presentaiton

2. ICADE'S LOW-CARBON STRATEGY: ALIGNED WITH A 1.5°C PATHWAY PROPERTY DEVELOPMENT RAMP UP LOW CARBON CONSTRUCTION 1,400 1,200 1,000 800 600 400 -41% Target reduction in carbon intensity between 2019 and 2030 for buildings built, in kgCO₂ e/sq.m over a 50-year horizon GHG emissions from homes built by Icade Promotion and potential measures to reduce them by 2030 (in kg CO₂e/sq.m over a 50-year horizon) Operationnal energy Materials On-site E+C-label: 50% of homes and 100% of offices over 5,000 sq.m with E2C1 rating (1) by 2022 Main measures: ⚫ Carbon impact assessment performed during the design phase ICADE ⚫ Low-carbon energy sources, biosourced materials, low-carbon concrete, refurbishments ⚫ Scaling up low-carbon innovations URBAIN New timber construction subsidiary (2) des BOIS • Creation of a solution to refurbish and convert offices into homes (3) Wood'Art (Toulouse, Haute-Garonne) • 13,000-sq.m project AFTER WORK Transformer l'ancien an avenir by ICADE Aims for a low energy and carbon footprint: E+C-label with an E3C2 rating 76% timber-based frame Local know-how and biosourced materials (incl. wood from the Occitanie region) 200 2019 Energy performance Energy mix Renovation and optimisation of space Low-carbon construction methods ans reuse of building materials Low-carbon materials 2030 (1) i.e. NZEB-15% for homes and NZEB -30% for offices, in line with EU Taxonomy (2) Impact of a low-carbon building (C2 level) vs. a current new building (RT2012): around -30% on a lifecycle basis (3) Impact of a refurbished asset vs. a new-build asset (RT2012): -30% to -40% on a lifecycle basis ODDO SUSTAINABILITY FORUM INVESTOR PRESENTATION JUNE 2022 15
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