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INVESTOR PRESENTATION MAY 2019 Disclaimer

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INVESTOR PRESENTATION MAY 2019 Disclaimer INVESTOR PRESENTATION MAY 2019 Disclaimer The information contained in this document has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. Neither the Company, nor its shareholders, nor their advisors or representatives, nor any other person shall have any liability whatsoever for any loss arising from any use of this document or its contents or otherwise arising in connection with this document. This document does not constitute an offer to sell or an invitation or solicitation of an offer to subscribe for or purchase any securities, and this shall not form the basis for or be used for any such offer or invitation or other contract or engagement in any jurisdiction. The information, assumptions and estimates that the Company could reasonably use to determine its targets are subject to change or modification due notably to economic, financial and competitive uncertainties. Furthermore, it is possible that some of the risks presented in Section 2 of the Registration Document filed with the AMF under number D.19-0272 on 4 April 2019, could have an impact on the Company’s ability to achieve these objectives. Accordingly, the Company cannot give any assurance as to whether it will achieve the objectives described, and makes no commitment or undertaking to update or otherwise revise this information. No assurance is given as to the fairness, accuracy, completeness or correctness of the information or opinions contained in this document. Unless stated otherwise, the financial data and indicators presented are based on Nexity’s operational reporting (under IFRS with joint ventures proportionately consolidated), and reflect the impact of two new reporting standards, IFRS 15, application of which is mandatory in periods beginning on or after 1 January 2018, and IFRS 16, mandatory in periods beginning on or after 1 January 2019, which the Group is applying early from 1 January 2018. 2017 figures has been restated with new standards (IFRS 15 and IFRS 16), and by reclassifying the CVAE (French tax on value added by the business) as Corporate income tax, to improve its comparability. Nexity / Investor Presentation - May 2019 2 Agenda # Our Real Estate Services Platform # Financial results # Business activity — Individual Clients — Commercial and Local Authority Clients # Outlook # Appendix Nexity / Investor Presentation - May 2019 3 Our Real Estate Services Platform Our ambition Being useful to the So we need to: world in which we # Provide solutions to demographic, sociological and environmental challenges operate and being # Devise solutions to our Clients’ requirements by useful to others by harnessing new uses and create shared value # Think about all aspects of urban life being a Real Estate # Build sustainably services plateform # Act locally, respecting regions and their specific priorities creating value to our society Nexity / Investor Presentation - May 2019 5 Our real estate services platform Development of new homes and subdivisions Property management for individuals (condominium management, rental management, lettings,…), brokerage, operation of serviced residences (student and senior housing) Franchise networks Commercial real estate Commercial property management, commercial real estate advisory services, coworking and space planning ORGANISATION FOCUSED ON EACH OF ITS CLIENTS “Villes & Projets”: urban ONGOING GROWTH IN EACH OF ITS BUSINESS LINES planning, urban projects, new urban uses Employees – our Internal Clients – are at the heart of Nexity’s transformation, committed to an approach centred around clients and user experience Nexity / Investor Presentation - May 2019 6 Our impact on society HUMAN DEVELOPMENT SOCIO-ECONOMIC IMPACT • > 10,000 employees • 1st partner of social housing, 1st player in intermediate housing, 1st operator in QPV* • Women make up 31% of the Club 100 (35% target by 2020) • Territorial network: > 400 geographical locations • 9% of voluntary turnover rate • >100,000 jobs supported in France (11 jobs for 1 job at Nexity) • 92% of permanent contracts • €400m of taxes and duties paid in France** of which €100m of corporate income tax • 300 interns from grade nine class coming from QPV* • 70% of employees are shareholders (excl. Ægide) • >100,000 training hours LEADER IN DIGITAL REAL ESTATE SOCIETAL COMMITMENT • 12 million visits to the Group’s web platform and the nexity.fr website in 2018 • Commitment to housing to the disadvantaged people (Nexity Non Profit) • Range of products • More than 50 associations supported by Nexity Foundation • 16 projects incubated in the Startup studio • Targeted external growth policy FIRST INTEGRATED REAL ESTATE PLAYER ENVIRONMENTAL IMPACT MANAGEMENT • Market share gains throughout all the Group’s businesses • -35% in carbon footprint per employee by 2030 • 1 million clients • -30% in carbon footprint per new home delivered by 2030 • 27 stakeholders taking part in the Group’s CSR effort • -21% in carbon footprint per sq.m of floor area for office space • Leading player in wood-frame offices with 84,000 sq.m delivered since 2011 • Among the top 126 global companies across all sectors for its Climate trajectory (CDP A list) * QPV: priority urban planning districts Nexity / Investor Presentation - May 2019 ** 2018 data 7 A resilient business model generating cashflows EBITDA (in €m) Average 2008-2018 : 286 523 461 368 305 265 217 224 215 232 228 221 260 Cash flow from operating activities after financial and tax expenses (in €m) Average 2008-2018 : 173 311 350 239 182 151 122 133 132 128 133 117 149 Free cash flow (in €m) Average 2008-2018 : 176 337 235 191 221 232 222 162 118 168 152 42 9 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2017 2018 reported restated Nexity / Investor Presentation - May 2019 8 Nexity in 2018 2018 REVENUE* 2018 EBITDA ** (in €m) (in €m) ▪ Services represent: €971m revenue and 69 7 €201m EBITDA 512 65 ▪ Or: 23% of total revenue and 902 €4,135m €523m 284 38% of total EBITDA 2,648 194 2.267 74% ▪ Contribution of services * o/w Other activities for €4m ** o/w Other activities for -€26m to EBITDA by 2021: ~45% Residential Real Estate Real Estate Services to Individuals Commercial Real Estate Real Estate Services to Companies Individual Clients Commercial Clients Nexity / Investor Presentation - May 2019 9 Financial Results Q1 2019 Key figures (1) INDIVIDUAL CLIENTS COMMERCIAL CLIENTS ▪ Revenue: €762m +26% vs Q1 2018 ▪ Revenue: €119m +40% vs Q1 2018 €671m (+11%) on a like-for-like basis €111m (+31%) on a like-for-like basis ▪ New home reservations in +7.3% +8.1% ▪ Order intake: €9m France : in volume in value 2019 guidance(2): Commercial Real Estate order intake: at least equal to 2018 (€349m excl. VAT) 2019 guidance(2): continued market growth in Nexity’s market share (3) ▪ Services to companies in a market that should see slight contraction at 145,000 units +1.2% 18.9 million sq.m area under management: vs 2018 ▪ Senior residences (Domitys): 89 +6 new residences residences compared to 2018 ▪ Business potential: +2% €2.8bn ▪ Student residences (Studéa): 122 Stable compared vs 2018 residences to 2018 REVENUE AND BACKLOG 2019 guidance(2): Serviced residences (students and seniors): more than 20 openings of new residences and rejuvenating 1,000 student housing units 878 M€ +28% vs T1 2018 ▪ Revenue: €881m +28% vs Q1 2018 ▪ Services to individuals +0.1% 898,000 units €782m (+14%) on a like-for-like basis Units under management: vs 2018 2019 guidance(2): Revenue and EBITDA expected to grow by at least 5% ▪ Business potential: +1% 54,299 units ▪ Development backlog: €4.5bn stable vs end-2018 vs 2018 (1) According to IFRS with joint ventures proportionately consolidated (2) Guidance announced on 20 February 2019 Nexity / Investor Presentation - May 2019 (3) French new homes market: retail sales (ECLN) + bulk sales (Fédération des Promoteurs Immobiliers – FPI) 11 Q1 2019 Revenue* (in €m) +27.9% +34 881 Other activities +91 Commercial Clients ▪ Revenue: +28% compared to +68 119 Q1 2018 (+14% on a like-for- 688 +40% €111m (+31% LFL) 1 like basis) 85 ▪ Ægide-Domitys : €91m in Q1 Individual Clients 2019 (€42m for development 762 activities and €49m for the 603 +26% €671m (+11% LFL) residences’ management) Q1 2018 Individual Clients Individual Clients Commercial Clients Other activities Q1 2019 Ægide-Domitys * According to IFRS with joint ventures proportionately consolidated Nexity / Investor Presentation - May 2019 12 2018 income statement 2017 2018 In million of euros restated Revenue 4,135.0 3,571.3 +16% EBITDA 523.0 460.6 +14% % of revenue 12.6% 12.9% Current operating profit 372.7 337.9 +10% % of revenue 9.0% 9.5% Remeasurement of Ægide-Domitys following acquisition of control 79.2 - Operating profit 451.9 337.9 +34% Net financial income / (expense) (51.7) (38.5) Income tax (113.1) (105.9) Share of profit/(loss) from equity-accounted investments (4.7) (4.9) Net profit 282.4 188.6 Non-controlling interests (5.5) (6.0) Net profit attributable to equity holders of the parent company 276.9 182.7 +52% Net profit attributable to equity holders of the parent company before non-recurring items 197.7 175.8 +12% In euros Net earnings per share* 4.95 3.30 Net earnings per share* before non-recurring items 3.53 3.17 +11% * Based on average number of shares outstanding over the period Nexity / Investor Presentation - May 2019 13 2018 revenue (in €m) +15.8% ▪
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