Vastned Retail N : and Vastned Belgium merger announcement

Hoofddorp, 18 April 2024 - Today, Vastned Retail (Vastned Retail N.V., Euronext Amsterdam: VASTN) and its Belgian listed subsidiary, Vastned Belgium (Vastned Belgium NV, Euronext Brussels: VASTB) (together, Vastned and, together with their subsidiaries, the Vastned Group), announce that they have entered into an agreement (the Merger Protocol) for the implementation of a reverse cross-border legal merger in which Vastned Retail would merge with and into Vastned Belgium (the Merger) together with the payment of certain dividends in connection with the Merger. The combined company will be named 'Vastned' and will be headquartered in Belgium. The Vastned Group will continue the activities in the Netherlands, Belgium, France and Spain with total gross rental income of EUR 72.1 million (reported consolidated gross rental income in 2023).

For further information we refer to the attached press releases below.