Investor Presentaiton

CITYCON IS AT THE FOREFRONT OF THE EUROPEAN RETAIL MARKET Strong Performance Through Pandemic 95% retail occupancy* ~97% rental collection rate YTD 2022 Seven continuous quarters of like-for-like asset value increases through Q3 2022 Focus on Prime Retail Assets Inherent Margin Protection 43% of rental income derived from necessity-based tenants - the strongest-performing retail subsector and best credit tenants All centres are located in main population centres with good access to public transport 92% of income is inflation-linked and less than 5% of rent is derived from turnover rental structure 95% of consolidated debt is fixed rate; no significant maturities until end of 2024 Prudent electricity hedging policy for 12-24 months ahead; significant onsite production of renewable energy from solar, geothermal and hydrothermal plants Innovative Diversification Efforts Undertaking customized development efforts to increase and differentiate rental income stream Growing within and on top of existing footprint through use of building rights to deliver accretive development returns Solid Financial Position Active Capital Recycling to Strengthen Balance Sheet Sustainability Leadership **⚫ Citycon Reduced leverage levels since 2020 Over 500 MEUR of available liquidity as of 30 Sep 2022 Investment grade rating from Moody's and S&P YTD, Citycon has sold two assets for 145 MEUR and has two assets in 'held for sale' worth approximately 125 MEUR In total, Citycon has sold 6 non-core centres for 400 MEUR since 2021 at or above NAV YTD, repurchased 108.3 MEUR notional of outstanding bonds at an average yield of 4.9% Targeting carbon neutrality by 2030 100% green energy usage with all assets also producing renewable or recoverable energy for own use Encouraging travel and access to centres via public transport *Excluding Lippulaiva and Kista Galleria Citycon Investor Presentation 4

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