2025 Sustainability Report

The Board of Directors approved the 2025 Sustainability Report. The key results obtained during the year, in line with the planning and targets of the 2025-2027 Business Plan, are summarized below.

• Green: the portfolio’s greenhouse gas emissions have been significantly reduced, thanks to both investments in plant improvements (€2.8 million in 2025) and new tools aimed at monitoring and optimizing energy consumption (such as the sensor- and AI-based system installed in 4 shopping centers); 7 additional assets have been certified “BREEAM in Use,” bringing the share of the certified portfolio in Italy to 92% (by fair value); 40 new electric vehicle charging stations have been added (168 of which are operational in 19 shopping centers).
• Responsible: adopted and published the “Diversity Equity & Inclusion Policy” and obtained UNI ISO 30415 certification, the international reference standard for DE&I; enhanced corporate welfare with increased resources, new ways to use services, and a “Long Term Care” insurance for all employees;
• Ethical: The “Responsible Supply Chain Policy” was defined in 2024 and incorporated into contracts in 2025 and signed by all suppliers; the integrated Quality, Health, Safety, and Environment (QHSE) management system was certified; a structured cybersecurity program was launched to strengthen IT security and protect corporate data for the protection of the Company and its stakeholders;
• Attractive: despite an overall increase in the number of events organized in shopping centers, the percentage of those with a socio-environmental value has also grown, representing 20% of the total;
• Together: In the stakeholder engagement activities carried out during the year, the number of meetings held with new and existing investors and new and international tenants increased; cooperation relations were kept with 281 local associations and non-profit organizations.

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