Key figures - Care Property Invest

Care Property Invest in figures

Our company presentation contains our most relevant and up-to-date figures and graphs. Below, we explain a few important parameters.

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Our main KPIs (Key Performance Indicators)

	01/01/2026 – 30/06/2026	01/01/2025 – 30/06/2025	Evolution in %
Rental income	€41.00 m	€36.60 m	+12.01%
Operating margin excluding non-cash items	88.09%	86.58%	+1.80%
Weighted average interest rate over the period	3.06%	3.03%	+0.99%
Interest Coverage Ratio (ICR)	3.52	3.69	-4.60%
EPS (adjusted EPRA earnings)	€0.59	€0.61	-3.30%

	30/06/2026	31/12/2025	Evolution in %
Fair value of real estate portfolio	€1,391.10 m	€1,391.40 m	−0.02%
Debt ratio (RREC legislation)	49.89%	48.93%	+1.96%
Debt ratio (EPRA)	48.19%	47.14%	+2.23%
Normalised net financial debt/EBITDA	9.40	9.40	0.00%
Average remaining maturity of financial debts	4.62 years	4.64 years	-0.43%
Hedge ratio	91.96%	88.82%	+7.8%
EPRA NTA	€17.08	€17.42	-1.95%
Market capitalisation	€532.64 m	€501.36 m	+6.24%
EPS (PROPOSAL/ACTUALS)	€1.11 /p>	€ 1,16	-4.30%
DPS (PROPOSAL/ACTUALS)	€1.00	€1.00	0.00%

	31/03/2026	31/12/2025	Evolution in %
Fair value of real estate portfolio	€1,389.50 m	€1,391.40 m	0.0%
RREC debt ratio	48.05%	48.93%	-1.8%
EPRA LTV	46.39%	47.14%	-1.6%
Normalised net financial debt/EBITDA	9.1	9.4	-2.1%
Average remaining maturity of financial debts	4.72	4.64	+1.7%
Hedge ratio	95.71%	88.82%	+7.8%
EPRA NTA	€17.65	€17.42	+1.3%
Market capitalisation	€518.27 m	€501.36 m	+3.4%
EPS (PROPOSAL/ACTUALS)	€1.07	€ 1.16	-7.8%
DPS (PROPOSAL/ACTUALS)	€1.00	€1.00	0.0%

Evolution of rental income: finance leases versus investment properties

This graph shows the evolution of our rental income, distinguishing between income generated by investment properties and income from finance leases. The latter mainly relates to the portfolio built up until 2014 in cooperation with local Public Centres for Social Welfare (OCMWs) and non‑profit associations (vzw).

Wie we zijn – evolutie huurinkomsten-en-links@2x — Finance leases versus investment properties

Period	Total rental income in K EUR	Investment properties in %	Finance leases in %
HY 2017	9,461.55	27	73
HY 2018	12,313.41	42	58
HY 2019	14,400.03	47	53
HY 2020	16,943.48	54	46
HY 2021	20,612.88	62	38
HY 2022	25,543.75	67	33
HY 2023	32,324.18	72	28
HY 2024	34,345.57	74	26
HY 2025	36,598.61	76	24
HY 2026	40,995.975	80	20

Evolution of the fair value of the real estate portfolio by country (in %)

Our Company currently operates in Belgium, The Netherlands, Spain and Ireland. This chart provides insight into the size and diversity of our international real estate portfolio based on fair value and helps identify our most important markets as well as the overall geographical spread of our investments.

Stacked chart: in HY 2026, the portfolio’s fair value is distributed across Belgium 66%, The Netherlands 18%, Spain 9% and Ireland 7%. — Evolution of the fair value of the real estate portfolio by country (in %)

Period	Belgium - in %	The Netherlands - in %	Spain - in %	Ireland - in %
2017	100	0	0	0
2018	98	2	0	0
2019	91	9	0	0
2020	86	13	1	0
2021	79	14	6	0
2022	66	18	8	8
2023	66	18	9	7
2024	64	19	9	8
2025	66	18	9	7
HY 2026	66	18	9	7

Dividend evolution

Care Property Invest pursues an attractive dividend policy for its shareholders. Our strategy is to maintain a stable minimum dividend and to increase it whenever this is possible in a sustainable manner. In addition, we aim for a payout ratio close to the statutory minimum of 80% and strive for optimal liquidity by, for example, assessing each year whether an optional dividend is appropriate.

Discover our dividend policy

Chart: gross dividend rises from €0.63 per share in 2015 to €1.00 from 2022; adjusted EPRA earnings are €1.11 in the 2026 outlook. — Dividend evolution

Period	Gross dividend – in EUR/share	Adjusted EPRA earnings – in EUR/share
2015	0.63	0.66
2016	0.63	0.65
2017	0.68	0.74
2018	0.72	0.86
2019	0.77	0.92
2020	0.80	0.99
2021	0.87	1.06
2022	1.00	1.24
2023	1.00	1.03
2024	1.00	1.07
2025	1.00	1.16
2026 - outlook	1.00	1.11

Debt ratio

The Company’s long‑term objective is to maintain a debt ratio of no more than 50%. This target enables us to pursue growth while safeguarding financial stability. A debt ratio at this level also ensures that we can respond to investment opportunities that create value for the Company.

Period	Capital increases – in M EUR	Debt ratio according to RREC Law – in %	EPRA LTV – in %
2015	36.2	45.80	-
2016	-	49.92	-
2017	103.5	35.39	-
2018	-	45.70	-
2019	23.0	49.32	-
2020	99.4	46.31	-
2021	68.4	47.06	-
2022	17.9	52.37	51.34
2023	108.3	46.65	43.55
2024	-	47.73	45.40
2025	54.2	48.93	47.14
HY 2026	-	49.89	48.19

Cost of debt

The cost of debt represents the interest expense the Company pays on its loans and financial liabilities. Care Property Invest closely monitors developments in the financial markets in order to optimise its financial structure and maintain a balanced mix of short‑term and long‑term financing. The Company also aims to limit interest rate risk by targeting a hedging ratio of at least 80% on its debt portfolio.

More on our financing strategy and interest rate policy

Graphique combiné : au 30 juin 2026, le taux d’endettement selon la législation SIR est de 49,89 % et l’EPRA LTV de 48,19 % ; les augmentations de capital sont indiquées par année. — Cost of debt

Period	Weighted average remaining term – in years	Weighted average interest rate – in %
2015	14.60	4.17
2016	13.61	4.01
2017	11.92	3.76
2018	9.18	2.90
2019	6.77	2.35
2020	6.33	2.22
2021	6.55	1.92
2022	5.94	2.14
2023	5.42	3.15
2024	4.52	3.32
2025	4.64	3.10
HY 2026	4.62	3.06

Key figures are taken from the official financial reporting of Care Property Invest NV, prepared in accordance with IFRS standards and RREC legislation. The figures are audited by an external statutory auditor and an internal auditor. The fair value of the real estate portfolio is determined by an independent, accredited real estate expert. ISIN: BE0974273055 — Euronext Brussels: CPINV.