Investor Presentaiton

CITYCON IS WELL POSITIONED FOR THE NEW INFLATIONARY ENVIRONMENT AS 92% OF RENTS ARE TIED TO INDEXATION... Citycon's Business Model Provides Stability in An Inflationary Environment Citycon A Stable and Resilient Business 92% of rents tied to indexation Indexation once a year, typically in October-November. 43% of our tenants are necessity based. Compared to peers Citycon has a substantially higher share of long-term, stable grocery tenants in its top 10 tenancies as well as a substantially lower share of fashion tenants, which are impacted more in an inflationary environment. Groceries in Top 10 Tenancies (% of GRI)* Peer 4 0.0% Peer 3 1.7% Peer Group Avg. 3.4% Peer 2 4.0% 7.8% Citycon 14.2% Citycon will be the beneficiary of an inflationary environment and is the most resilient against a consumer dealing with inflation Peer 1 Necessity Based Tenants Represents ~43% of the Tenant Portfolio (% of GRI) Proportion of Fashion (% of GRI)** Groceries 2% 1% 18% Cosmetics and Pharmacies Services and Healthcare Citycon Peer 1 21% Cafés and Restaurants Peer 2 43% Residential and Hotels Peer 3 10% 4% Home and Sporting Goods Wellness Peer Group Avg. Fashion Peer 4 15% 19% 1% 10% Specialty Stores Peer 5 Leisure Peer 6 22% 30% 31% 38% 39% 40% 41% 52% Necessity Based Tenants **⚫ Citycon *Peer group: DES, Eurocommercial, Atrium, Wereldhave **Peer group: DES, Klepierre, Mercialys, Atrium, Wereldhave, Hammerson Source: Company filings Citycon Investor Presentation 10

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