Climate Change Data

Environmental Metrics

Social Achievements

• Launched employee well-being program, reducing turnover by X%

Governance Achievements

• Established anti-corruption training for all employees

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to climate events
• Market fluctuations impacting financial results (prior to divestment of financial arm)
• Disparate performance levels across business units
• Decreased property management portfolio
• Increased regulatory requirements
• Technological disruptions and new competitors

Mitigation Strategies

• Continued efforts to improve profitability (2016-2018 turnaround plan)
• Investment in employee training and development
• Transition to new customer relationship management (CRM) system
• Offensive and coordinated commercial strategy across real estate services subsidiaries
• Focus on design and distribution of value-added financial and real estate products
• Diversification of products and markets (France and Germany)
• Development of digital services
• Integration of environmental and digitalization aspects into business activities
• Risk management policies and procedures

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather, flooding

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products

Environmental Metrics

ESG Focus Areas

• Sustainable real estate investment
• Environmental impact of investments
• Digitalization
• Social responsibility

Environmental Achievements

• Increased attention to environmental and energy performance of buildings
• Rationalized employee travel to reduce carbon footprint (using trains and electric vehicles)

Social Achievements

• Maintained employee wellbeing during COVID-19 pandemic with remote work and safety measures
• Concluded collective agreements on social dialogue, remote work, and sales compensation

Governance Achievements

• Board composed of 7 members, including 3 independent members and 3 women
• Implemented a diversity policy in recruitment, mobility, training, and professional development

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting business activity and financial performance
• Decreased SCPI collection and other financial/real estate products
• Decline in Advenis Conseil activity
• Slower progress on construction projects

Mitigation Strategies

• Implemented partial unemployment measures during the first lockdown
• Secured a €2.5 million government-guaranteed loan
• Adjusted three-year business plan to account for short- and medium-term impacts of the pandemic
• Focused on recurring revenue streams and higher-margin activities

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Heat waves

Transition Risks

• Carbon pricing
• New environmental regulations

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• In March 2022, SCPI Elialys and Eurovalys obtained ISR labeling, reflecting the Group's commitment to responsible investment. The Group also reduced greenhouse gas emissions by rationalizing staff travel and prioritizing low-carbon transportation (trains, electric vehicles, etc.).
• The Group is involved in projects that pay particular attention to the environmental and energy performance of buildings.

Social Achievements

• Advenis Gestion Privée obtained an equal professional index of 93/100 in 2021 (up from 79/100 in 2020), demonstrating continued commitment to gender equality.
• The UES Advenis companies obtained an index of 87/100 in 2021 (down from 88/100 in 2020), demonstrating continued commitment to gender equality.
• A unanimous collective agreement on telework was concluded in 2021 within the UES.
• Unanimous collective agreements on participatory recruitment were signed in 2021 by both the UES and Advenis Gestion Privée.
• Advenis Gestion Privée concluded a unanimous collective agreement determining the remuneration and activity of commercial team managers.

Governance Achievements

• The Board of Directors decided to maintain an audit committee and an independent member with expertise in finance, accounting, or legal audit of accounts, despite no longer being legally required due to the transfer of its securities to the Euronext Growth market.
• The company transferred its listing from Euronext Compartment C to Euronext Growth in September 2021 to benefit from the attractions of financial markets and avoid the increasing complexity and costs of regulations imposed on companies listed on the Euronext Paris market.

Climate Goals & Targets

Environmental Challenges

• The impact of the war in Ukraine on macroeconomic indicators and investor confidence is difficult to assess and could negatively impact the group's performance.
• The COVID-19 pandemic and its lasting consequences could jeopardize the Group's ability to achieve its profitability objectives and strengthen its cash flow.
• Uncertainty remains regarding the activity level of more cyclical businesses with a strong commercial focus, such as wealth management consulting or corporate real estate consulting.
• Significant cash flow tensions since the beginning of the COVID-19 crisis.
• Risk of massive disinvestment of assets under management.
• Risks related to the marketing of products (reputation of distribution networks, non-renewal of distribution agreements, counterparty risk, fraud, or circumvention of control or compliance procedures).

Mitigation Strategies

• The Group relies on the recurrence of its management businesses and the dynamic performance of 2021.
• A three-year business plan has been adjusted to account for the short- and medium-term impact of the estimated consequences of the health crisis.
• Investment plan of nearly €3 million between 2022 and 2024 in modernizing tools.
• Diversification of products and focus on businesses/products providing recurring income to limit the negative effects of economic downturn.
• The singularity of certain products limits the economic rationale for client disengagement.
• Advenis Gestion Privée has implemented support services and procedures and updates them as part of regulatory and legal monitoring.
• The compliance department of Advenis Gestion Privée is composed of a compliance officer and a Head of Compliance and Internal Control (RCCI).
• The Group continuously improves its risk management system (procedures, policies, controls, organizational system).
• A code of ethics has been implemented at the Group level.
• The Group has a business continuity plan to address any disruption affecting its infrastructure in France and internationally.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• flooding, heat waves

Transition Risks

• regulatory changes, market shifts (carbon pricing, new regulations)

Opportunities

• development of energy-efficient products

Reporting Standards

Frameworks Used: IFRS

Certifications: ISR (for SCPI Elialys and Eurovalys)

Third-party Assurance: Auréalys and Mazars

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• SCPI Elialys and Eurovalys

Awards & Recognition

• Top d'or 2021 for SCPI Eurovalys

Environmental Metrics

ESG Focus Areas

• ESG

Climate Goals & Targets

Environmental Challenges

• Complex environment

Mitigation Strategies

• Continued efforts and support for tenants to build longer-term relationships

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon emissions (specific numbers not provided, but a trajectory is set for reduction)
• Increased share of non-thermal vehicles in the fleet to 27% by the end of 2022
• Implemented sustainable initiatives in GOBELAS 35 building in Madrid (e.g., geothermal heating, electric vehicle charging stations)

Social Achievements

• 100% of collective agreements signed unanimously by social partners
• Regular internal communications on RSE performance and actions
• At least 20 meetings per year between employee representatives and HR

Governance Achievements

• Established a Sustainable Development Committee that meets several times a year
• Developed a Supplier Relations Charter
• At least 90% of management trained on sustainable development issues

Climate Goals & Targets

Environmental Challenges

• Reducing carbon emissions from buildings and activities
• Improving energy efficiency of buildings
• Engaging stakeholders in sustainable practices

Mitigation Strategies

• Implemented a carbon reduction strategy aligned with the SNBC and Net Zero Initiative
• Set targets for reducing carbon emissions and improving energy efficiency
• Developed a Supplier Relations Charter to promote sustainable practices among suppliers

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Relations Charter

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISR (Investissement Socialement Responsable) for Eurovalys and Elialys SCPIs

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed