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Carmila: 2020 Annual Results Regulatory News: In a year characterised by the health crisis and attendant business restrictions, Carmila s (Paris:CARM) core business was resilient and its financial structure solid: Encouraging performances on business resumption during the different reopening phases Stable rental base, down just 0.5% versus 2019 Dynamic leasing activity EPRA Net Tangible Assets of €24.72 per share Loan-to-value ratio (including transfer taxes) at 37.0% Recurring earnings of €167.6 million, down 24.7% versus 2019, at €1.20 per share Marie Cheval, Chairman and Chief Executive Officer of Carmila commented : In an unprecedented health context for Carmila and for the entire industry, this has been a very demanding year. The multiple challenges brought about by the crisis have served to underline the particular strengths of Carmila s shopping centres: rooted in local regions, backed by the partnership with Carrefour, engaged with their retailers and popu

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