Green Bond Fact Sheet

Wereldhave N.V.

Date: 29/05/2020

Issue date: 23-04-2020 Maturity date: 23-04-2022 Tenor: 2Issuer name

Wereldhave N.V.

Amount issued

EUR100m/USD110m

Country of risk

Netherlands

CBI Database

Included

Issuer type1

Loan

Bond type

Term Loan

Green bond framework

Link to Framework

Second party opinion

ISS-oekom

Certification Standard

Not certified

Assurance report

N/A

Certification verifier

N/AGreen bond rating

N/A☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☒ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingUp until full allocation there will be allocation reporting to investors on an annual basis until
full allocation. The following information will be disclosed:- an overview of instruments issued under the framework and the total amount outstanding(in EUR)- the allocation of the net proceeds, including information on the composition of the portfolioof assets; a breakdown by geographical area (country level); a breakdown of new financing
vs. refinancing (i.e. share of allocation to projects under construction/refurbishment andshare of allocation to existing projects)- the amount of unallocated proceeds (if any)
There will also be an environmental impact report. Amongst others this will include:- an overview of eligible assets and their environmental classification including classificationlevel (i.e. BREEAM certification Very good, EPC labe Al, refurbishment)- energy intensity in kWh/m2 (scope 1 and 2)- carbon intensity (in kg CO₂e/m2) (scope 1 and 2)- Onsite renewable energy generation powering the eligible assets and/or distributed to thegrid (in kWh)

Company information

Wereldhave was established in 1930 and is a retail property investor in the Netherlands,Belgium and France. The company is publicly traded and listed on the Euronext Amsterdam
Stock Exchange. It owns and operates shopping centres and Belgium’s investment
properties include retail shopping and food and beverage options.

Firsts, records andcertifications
Proceeds description

The proceeds will go towards green commercial buildings which are newly constructed,existing and renovated. They need to meet one or more of the following criteria: BREEAM
New Construction, Refurbishment and Fit Out, or In-Use ≥ “Very Good” certified; EPBD
Energy Performance Certificate (EPC) with a minimum Energy Performance label of “A”;
Renovation that will achieve, or has achieved, energy savings of at least 30% in comparison
to the baseline energy performance of the building

Climate Bonds view

This is the second green loan from the Netherlands. Despite the fact that loans are usuallymore private instruments with less transparency, Wereldhave provides very detailed
information on allocations and impact of the investments. This level of disclosure is highlyencouraged.

Underwriters
Deal comments
Credit rating
Pricing summary

Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign