Orilina Properties Real Estate Investment Company · ATHEX:ORILINA
Orilina Properties Real Estate Investment — Orilina Properties REIC — H1 2025 Earnings Presentation
29 slides from Orilina Properties Real Estate Investment's earnings presentation, September 2025
Slide 1: Financial Results H1 2025
Orilina FINANCIAL RESULTS HI 2025
Slide 2: H1 2025 Financial Highlights
H1 2025 Financial Highlights => ae NiZ HIGH i ao ff ® LIQUIDITY €212m* | €30m | -9% €35m Gross Asset Cash Net LTV Undrawn Loan & CAPITAL heii Facility DISCIPLINE = a@ = 6) G 7% €1.227 €9m 9% Avg. Gross Adj.NAV/ Adj. 6 Months Return / Yield Share PAT Enterprise Value * Including Inventory at Fair Val
Slide 3: Orilina Properties REIC
Orilina PROPERTIES @ REIC ORILINA PROPERTIES - H1 2025
Slide 4: Portfolio Value
Portfolio Value Allocation 30 June 2025 1% Head Office Dividend Portfolio Value-Creation Portfolio Ellinikon plots Piraeus renovation Landplot in Sindos (Logistics) Landplots in Thermi (Office, Mixed use) Value-Creation €85 Combination of Dividend & €94 Amounts in millions of € €181MN Total combined
Slide 5: Value-Based GLA - Surface Split
Value - Based GLA - Surface Split Split * Stabilized full occupancy " Robust yield ; Offices Number of Properties 7 =m Mixed Use naa A Retail Building Area 67,258 m Food Retail / Grocery Annualized Rental Income €6.4mn. m= Bank Branches - Offices Portfolio Yield 7% ORILINA PROPERTIES - HI 2025
Slide 6: Tenant diversification and WAULT
Ten Dive & WA Incre: WAULT. 30.06.2025 31.12.2024 3.2 years 3.7 years *Weighted Average Unexpired Lease Term ORILINA PROPERTIES - H1 2025 CHITOS, IFSAS, DEDDIE, ATTIKI ODOS, NUMIL, THALIS, ESSITY, PLAYMOBIL, .-. LA VIE EN ROSE, = MULLENLOWE KORRES a PIRAEUS BANK Fourlis ~ ABD a“ KQTIOBOAOX _.G ZKAAB
Slide 7: Ellinikon Projects Update
Orilina PROPERTIES e REIC Elliniko Projects Update Le Location Marina Agiou Kosma - Ellinikon ORILINA PROPERTIES - H1 2025
Slide 8: Aggregated Value Creation - Ellinikon Plots
Aggregated Value Creation - Ellinikon Plots (30.06.2025) RESIDENCES PRIVATE CLUB Fair Value surplus 23.5mn 39% Capex 10.3mn17% ORILINA PROPERTIES - H1 2025 Fair Value esis OS surplus 5.Imn 2.7mn 50% 25% Purchase Cost 26.4mn 44% Capex 2.6mn 25% *C&W-Proprius Valuation 30.06.2025
Slide 9: Residences Value Evolution
sidences Value Evolution 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0 ORILINA PROPERTIES - H1 2025 60.2 33.8 e & a 26.4 26.4 26.4 26.4 26.4 30.06.2023 31.12.2023 30.06.2024 31.12.2024 30.06.2025 Purchase consideration Capital expenditure & Inventory Fair Value Surplus Amounts in millions of €
Slide 10: Club Value Evolution
lub Value Evolution 12.0 10.0 8.0 — 6.0 4.0 2.6 0.8 0.9 ie) 2.0 2.7 2.7 2.7 2.7 0.0 31.12.2023 30.06.2024 31.12.2024 30.06.2025 Purchase consideration Capital expenditure @ Fair Value Surplus Amounts in millions of € ORILINA PROPERTIES - H1 2025 10
Slide 11: Marina Residences project facts
Orilina PROPERTIES @ REIC GFA: 5,159 sq.m. Land Area: 22,795 sq.m. Underground parking spaces and storage areas Development Period H1 2027 Targeted Certification LEED Platinum / Energy Performance Certificate (Highest level) ORILINA PROPERTIES - H1 2025 ab]
Slide 12: Marina Residences - Construction update
Marina Residences by Kengo Kuma Construction update 1. Building permit issued - 01/2024 2. Completion of early works and structural frame- 07/2025 3. Mobilization of Main Works contractor - 08/2025 ORILINA PROPERTIES - H1 2025
Slide 13: Marina Residences - Commercial update
Marina Residences by Kengo Kuma Commercial update Reservation Agreements: Signed for 13 out of a total of 20 units for €69.2mn 29.09.2025 fi) ; = TRENT FE LL. Note: Information as at aa |: ae < | i 5 mal % ORILINA PROPERTIES - H1 2025 13
Slide 14: Private Club
Private Club Unique architecture by Kengo Kuma, blending seamlessly with Marina Residences by Kengo Kuma E Indoor Main Areas including basements: ~ 2,450 sq.m. Land Area: 24,553 sq.m. ° F&B Options Fitness Areas e Wellness ¢ Outdoor areas for leisure ORILINA PROPERTIES - HI 2025 14
Slide 15: Construction update
Construction update Building permit issued - 12/2024 Completion of specialized geotechnical works - 07/2025 Mobilization of Contractor for early works - structural frame - 09/2025 ORILINA PROPERTIES - H1 2025 15
Slide 16: H1 2025 Financial Performance
Orilina PRO PRR Pile S co REI Ee H1 2025 Financial Performance ORILINA PROPERTIES - H1 2025 16
Slide 17: Steady Growth, Strong Foundations
Steady Growth, Strong Foundations ORILINA PROPERTIES - HI 2025 Rental Revenues +10% 3.1 a 2.8 @H1 2024 WH1 2025 Amounts in millions of € 7
Slide 18: Driven by Investment Portfolio Appraisals
Driven by Investment Portfolio Appraisals Notes: Operating net profit - Ebitda excluding the one-off effect of personnel shares and the depreciation effect ORILINA PROPERTIES - HI 2025 EBITDA 4.2 +102% Yi 2.1 @H1 2024 @H1 2025 Amounts in millions of € 18
Slide 19: Strong Core Profitability
Strong Core Profitability Notes: H] 2025 & H1 2024 Adj. Net Profit excluding the effect of the employee share-award scheme concerning the stock market listing and including the valuation gain of inventories ORILINA PROPERTIES - H1 2025 4.2 H1 2024 H1 2025 @ Profit after Tax $m Marina Residences FV G
Slide 20: Gross Asset Value
Gross Asset Value +4% Value Creation from Development and Operating Income ™ 31.12.2024 30.06.2025 Amourts in millions of € ORILINA PROPERTIES - H1 2025 20
Slide 21: Adjusted NAV
Notes: Adjusted NAV excluding the effect of minority interest and including the effect from the non disclosed valuation gain on Inventories (Ellinikon Residences). ORILINA PROPERTIES - H1 2025 Adjusted NAV 178.2 i 31.12.2024 Adj. NAV/Share 7 - ; 30.06.2025 @ 31.12.2024 Amounts in millions of € 1.23
Slide 22: Attractive Returns on Enterprise Value
ATTRACTIVE RETURNS ON ENTERPRISE VALUE ORILINA PROPERTIES - HI 2025 MARKET CAP 30.06.2025 > €118mn ADJ. PAT /ENTERPRISE VALUE: > 9 % for 6 Months les ww 22
Slide 23: Stable Shareholder Returns
Stable Shareholder Returns ORILINA PROPERTIES - H1 2025 Dividend Distribution per year 2021 2022 2023 2024 2025 Amounts in millions of € 23
Slide 24: Thank You - Building Value Together
iK YOU Building Value Together
Slide 25: Group Financials - Income Statement
Group Financials - Income Statement Rental Income fro! vestment Pro| 3,106,591 2,824,808 (Other Income 3,459 36,628 INet Gain from the fair value adjustment lof investment proper 2,265,350 407,587 (Other Operating Expenses -288,575 -263,664 Depreciation -19,506 25,717 Other Expenses -73,681 112,841
Slide 26: Group Financials - Balance Sheet
Group Financials - Balance Sheet je 30062075 31.12.2024 EEE |__120,939380 | 117,256,277 _| +$4—+$—__ nas ts urert assets ——_—__ | a s | eesotsze 891, 828 Statutory Auditors: Deloitte | anaes ASSETS | erases | 175,995 tapers] 148,105 External Valuers: Savills, Danos - BNP Paribas Real Estate, and C&W
Slide 27: Group Financials - Balance Sheet
Group Financials - Balance Sheet Sess 26 964070 | 24,764325 | [28,944,070 _| ‘OTAL EQUITY 164,987,754 | ee Non -CurrentLiabilities | | po 21,000,342 | 20,153,906 _| ee ee ee Currentliabilities || po 287,899 | 2,860,107 _| ee ee ee Statutory Auditors: Deloitte TAL LIABILITIES BESS §©—| &xternal Value
Slide 28: Disclaimer
DISCLAIMER Important Notice of Confidentiality and Disclaimer of Liability THIS DOCUMENT MAY ONLY BE USED IN CONJUNCTION WITH AND SUBJECT TO THE TERMS OF THIS NOTICE By attending the meeting where the Presentation (as defined below) takes place and/or by having access to its materials (the “Material
Slide 29: Financial Results H1 2025
@rilina FINANCIAL RESULTS HI 2025 | 29 September 2025
Orilina Properties REIC — H1 2025 Earnings Presentation on 6ix