Corporate Governance Charter

The Corporate Governance Charter (the “Charter”) was drawn up by the board of directors of Retail Estates. The board of directors revises the Charter at regular intervals and introduces any amendments it considers necessary and appropriate. The latest revised version of the Charter was approved on 17 February 2023 and has taken effect on 1 April 2023.

Retail Estates makes every effort to comply with the corporate governance principles as set out in the 2020 Belgian Code on Corporate Governance, without prejudice to the applicable legal provisions (in particular the CCA and the REIT legislation) and the company’s articles of association.

Any changes to the law or the articles of association will, if necessary, result in an amendment to (the relevant provisions of) this Charter so that it complies with the legal and statutory provisions.