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2 Key consolidated figures in € million Revenue Net operating income (NOI) EBIT EBT (excluding measurement gains/losses¹) EPRA² earnings⁸ FFO⁷ Consolidated profit in € EPRA² earnings per share⁸ FFO⁷ per share Earnings per share 01.01.- 30.06.2026 01.01.- 30.06.2025 133.3 104.9 105.4 70.4 68.0 69.6 71.2 131.4 103.2 103.9 75.1 70.7 74.4 69.8 01.01.- 30.06.2026 01.01.- 30.06.2025 0.90 0.92 0.94 0.93 0.98 0.92 Number of no-par-value shares with dividend rights⁶ 75,743,854 75,743,854 in € million Equity³ Liabilities Total assets Equity ratio in %³ LTV ratio in%⁴ EPRA² LTV in %⁵ Cash and cash equivalents 30.06.2026 31.12.2025 2,169.2 2,439.0 4,608.2 47.1 41.5 43.6 371.6 2,170.1 2,433.7 4,603.8 47.1 41.3 43.4 387.4 +/- 1.5% 1.6% 1.4% -6.3% -3.8% -6.5% 2.0% +/- -3.2% -6.1% 2.2% 0.0% +/- 0.0% 0.2% 0.1% -4.1% 1 2 3 4 5 6 7 8 Including the share attributable to equity-accounted joint ventures and associates European Public Real Estate Association Including non-controlling interests Loan-to-value (LTV): Ratio of net financial liabilities (financial liabilities less cash and cash equivalents) to non-current assets (investment properties and financial investments accounted for using the equity method) EPRA Loan-to-Value (EPRA LTV): Ratio of net debt (financial liabilities and lease liabilities less cash and cash equivalents) to real estate assets (investment properties, owner-occupied properties, intangible assets and other assets (net)). Net debt and real estate assets are calculated on the basis of the Group’s share in the subsidiaries and joint ventures. The number of no-par-value shares issued includes the treasury shares which were acquired. These shares were factored in during the comparative period. Due to the first-time adjustment of FFO for one-off items, the previous year’s figures have been adjusted accordingly. The one-off items are expenses related to the conversion to a Societas Europaea (SE) (previous year: early termination of interest rate swaps as part of the Group’s realignment of its financing structure). EPRA earnings have been adjusted for one-off items in accordance with the current “Best Practice Recommendations” issued by EPRA for the first time. The adjustment relates to non-recurring expenses related to the conversion to a Societas Europaea (SE) (previous year: early termination of interest rate swaps as part of the Group’s realignment of its financing structure). The previous year’s figure has been restated accordingly to ensure comparability.
Half-year Financial Report as at 30 June 2026 . Letter from the Executive Board 3 Letter from the Executive Board Dear Shareholders and Readers, Deutsche EuroShop performed well in the first half of 2026 in conditions that remains challenging. Consumer sentiment remained subdued, and geopolitical uncertainties shaped the economic environment. This backdrop once again highlighted the robust nature of our business model and the enduring appeal of our shopping centers. Our tenants enjoyed a successful reporting period, with sales climbing by 2.4%. Footfall was 1.3% below the level of the same period last year. We maintained a high occupancy rate of 95.4% at the end of the first half of the year, compared with 95.7% at the end of 2025. The revenue of the Deutsche EuroShop Group rose by 1.5% to €133.3 million. This was largely due to higher contractual rents and settlement payments made by tenants. Net operat- ing income went up by 1.6% to €104.9 million, while EBIT grew by 1.4% to €105.4 million. EBT (excluding measurement gains/losses) declined by 6.3% to €70.4 million. This was mainly driven by an increase in interest expenses related to the bond issued in 2025. Con- tinued rental growth meant property values saw another slight improvement in the first half of 2026. This caused con- solidated profit to go up by €71.2 million (+2.0%). EPRA earn- ings came to €0.90 per share, while funds from operations reached €0.92 per share. The Main-Taunus-Zentrum kept up its very positive momen- tum. The Food Garden, which opened in April 2025, has become a major draw in its first year and boosted footfall at the shopping center. The project recently earned a DGNB Gold certificate in recognition of its high sustainability standards. Shareholders backed all proposed resolutions at our Annual General Meeting on 18 June 2026. These included approving a dividend of €1.00 per share for the 2025 financial year and voting to transform the company into a Societas Europaea (SE). This transformation became official on 31 July 2026 when it was entered in the commercial register. Deutsche EuroShop began doing business as Deutsche EuroShop SE on that date. This new legal structure mirrors our broader European foot- print while leaving our business model, stock exchange list- ing and shareholder rights unchanged. In light of our performance, which developed as expected, we can confirm the forecast for the 2026 financial year. Thank you for the confidence you have placed in us. Hamburg, August 2026 Hans-Peter Kneip
Half-year Financial Report as at 30 June 2026 . Basic information about the Group 4 Basic information about the Group Group business model Deutsche EuroShop SE (formerly Deutsche EuroShop AG) has been a Societas Europaea (SE) since 31 July 2026. As before, the Company’s registered office is in Hamburg. Deutsche EuroShop SE is the only listed company in Ger- many to invest solely in shopping centers in prime locations. A total of 21 shopping centers in Germany, Austria, Poland, Hungary and the Czech Republic are held in the real estate portfolio. The Group generates its reported revenue from rental income on the spaces it lets in the shopping centers. These are held by independent companies, with Deutsche EuroShop holding stakes of 100% in 16 shopping centers and between 50% and 95% in the other five. The operational management of the shopping centers is contracted out to external service providers under agency agreements. The Group managing company is Deutsche EuroShop SE. It is responsible for corporate strategy, portfolio and risk man- agement, financing and communication. The Deutsche EuroShop Group has a central structure and lean personnel organisation. The share capital amounted to €75,743,854.00 as at 30 June 2026 and was composed of 75,743,854 no-par value regis- tered shares. The notional value of each share in the share capital is €1.00. Objectives and strategy The management focuses on investments in high-quality shopping centers in urban centres and established locations offering the potential for stable, long-term value growth. A key investment target is the generation of high surplus liquidity from leases in shopping centers, of which a sig- nificant portion can be paid out to shareholders in the form of an annual dividend. To this end, the Company invests its capital in shopping centers in different European regions in accordance with the principle of risk diversification. Germany is the main focus of investment. Indexed and revenue-linked commercial rents ensure that high earnings targets are achieved. The Deutsche EuroShop Group aims to take advantage of favourable financing conditions while expanding and diver- sifying its pool of funding sources to mitigate risks. Accord- ingly, the capital and financing structure is continuously and purposefully refined. The Deutsche EuroShop Group funds its investment activity through secured loans from a range of lenders as well as unsecured capital market instruments. Deutsche EuroShop SE holds an investment-grade rating, which enables it to issue bonds and comparable alternative instruments. Deutsche EuroShop SE takes steps to maintain and further improve this rating in order to remain flexible in an environment of fluctuating interest rates and generally tighter lending requirements. As a result, and depending on market conditions, we expect the Deutsche EuroShop Group’s loan-to-value (LTV) ratio to fluctuate between 40% and 50%. Management system The Executive Board of Deutsche EuroShop SE manages the Group in accordance with the provisions of the SE Regulation (Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European Company (SE)), the SE Implemen- tation Act (SEAG), and the German Stock Corporation Act (AktG). The Executive Board’s duties, responsibilities and business procedures are laid down in its rules of procedure and in its schedule of responsibilities. The Group targets shopping centers with sustainable and stable value growth and a high liquidity surplus generated from long-term leases. These parameters are then used to derive relevant management indicators (performance indi- cators). For the Group, these are: revenue, EBIT (earnings before interest and taxes); EBT (earnings before taxes) excluding measurement gains/losses; and FFO (funds from operations) per share.
Half-year Financial Report as at 30 June 2026 . Economic review 5 Economic review Macroeconomic and sector- specific conditions In the first half of 2026, the German economy was still heav- ily impacted by the effects of the Middle East conflict and significant increases in energy and raw material prices, according to the Federal Ministry for Economic Affairs and Energy (BMWE). Although gross domestic product (GDP) rose by 0.3% in the first quarter of 2026 compared to the same quarter of the previous year when adjusted for price and calendar effects, consumer demand remained subdued due to geopolitical uncertainties and higher energy prices. Con- sumer-facing sectors such as retail and hospitality felt the impact of this restraint most keenly as a result of the drop in purchasing power and increased uncertainty. According to preliminary figures from Germany’s Federal Statistical Office, retail sales in June 2026 fell by 1.1% in real terms compared to May 2026 (when adjusted for prices and calendar/seasonal effects). According to preliminary figures, the retail sector generated 0.7% more revenue in real terms in the first half of 2026 than in the same period of the previous year. According to the Federal Statistical Office, the inflation rate in Germany was 2.3% at the end of the first half of 2026, compared to 2.0% in the previous year. The inflation rate is expected to reach 2.8% in July 2026. Energy prices are esti- mated to have risen by 8.3% in July 2026 compared to the same month of the previous year. The ECB increased its key interest rates by 25 basis points in June 2026 due to heightened inflation risks stemming from higher energy prices. According to the Federal Employment Agency, the labour market was largely unchanged in June. The unemployment rate stood at 6.2% in June, the same as in the previous year, with employment subject to social security contributions showing a slight recent decline. Unemployment and under- employment increased noticeably in July, primarily for sea- sonal reasons. The unemployment rate in July was 6.4%, compared to 6.3% in July of the previous year. According to real estate consultancy Savills, commercial and residential real estate worth around €14.7 billion changed hands in Germany in the first half of 2026. The transaction volume was therefore at the same level as the previous year at approximately €14.4 billion. According to BNP Paribas Real Estate, the transaction volume for com- mercial real estate was significantly lower in the first half of the year than in the same period of the previous year at €2.3 billion, representing a significant 21% drop. According to BNP Paribas Real Estate, shopping centers accounted for 14% of the transaction volume. BNP Paribas Real Estate estimates that prime yields for shopping centers increased by 10 basis points to 6.0% in the second quarter of 2026, while Savills is expecting an increase of 20 basis points from 5.8% to 6.0%. The Czech economy demonstrated a high level of resilience in the first half of 2026. GDP went up by 2.2% year-on-year in the first quarter of 2026. The key drivers of growth were private consumption and rising real incomes. Retail trends in the Czech Republic benefited from strong real wage increases. Consumer confidence remained com- paratively stable despite geopolitical uncertainty, boosting demand. According to the Czech Statistical Office, retail sales in June were 3.6% higher in real terms than in the same month of the previous year, and were 0.1% lower than May. Inflation remained close to the target set by the Czech National Bank. The central bank is forecasting an average inflation rate of approximately 2.2% for 2026. Poland remained one of Europe’s stronger-growing econo- mies in the first half of 2026. According to the Polish Statis- tical Office, retail sales rose by 3.5% in real terms year-on- year in the first half of 2026. However, consumer momentum lost steam compared to the beginning of the year, with both higher energy prices and a slowdown in real income growth giving consumers pause. Inflation in Poland trended downward and fell from 3.1% in May to 2.5% in June. This brought the inflation rate closer to the National Bank of Poland’s target.
Half-year Financial Report as at 30 June 2026 . Business performance 6 Business performance Results of operations in € thousand Revenue Operating and administrative costs for property Write-downs and derecognition of receivables NOI Other operating income Other operating expenses EBIT At-equity profit/loss Measurement gains/losses (at equity) Deferred taxes (at equity) At-equity (operating) profit/loss Interest expense Profit/loss attributable to limited partners Interest income Other financial expenses 01.01.- 30.06.2026 01.01.- 30.06.2025 133,328 -25,419 -3,002 104,907 5,691 -5,231 131,363 -24,308 -3,841 103,214 5,099 -4,379 105,367 103,934 7,099 -2,878 218 4,439 -35,593 -6,737 2,919 0 4,988 -747 69 4,310 -26,715 -7,219 1,597 -774 ± 1,966 -1,112 839 1,693 592 -852 1,433 129 -8,878 482 1,322 774 Financial gains/losses (excluding measurement gains/losses) -34,972 -28,801 -6,171 EBT (excluding measurement gains/losses) 70,395 75,133 -4,738 Measurement gains/losses Measurement gains/losses (at equity) Measurement gains/losses (including at equity) Taxes on income and earnings Deferred taxes Deferred taxes (at equity) Deferred taxes (including at equity) Consolidated profit 9,872 2,878 12,750 -3,557 -8,187 -218 -8,405 71,183 9,520 747 10,267 -3,429 -12,126 -69 -12,195 69,776 2,483 -128 3,790 1,407 Change in % 1.5 -4.6 21.8 1.6 11.6 -19.5 1.4 3.0 -33.2 6.7 82.8 100.0 -21.4 -6.3 24.2 -3.7 31.1 2.0
Half-year Financial Report as at 30 June 2026 . Business performance 7 Slight year-on-year increase in revenue EBIT up slightly compared to previous year Revenue increased slightly by €2.0 million (1.5%) compared to the same period of the previous year. This was primarily driven by higher contractual rents (+1.6%), as well as €0.3 million in additional income from settlements from tenants. Center operating expenses up on previous year Center operating expenses for the financial year totalled €25.4 million (previous year: €24.3 million). These mainly comprise center management fees, non-apportionable ancillary costs, land taxes, building insurance and mainte- nance. Expenses were 4.6% higher than the previous year, primarily due to higher non-apportionable ancillary costs for the renewal of technical equipment and expenses related to insurance claims. Lower need for write-downs Write-downs and the derecognition of receivables decreased by €0.8 million (21.8%) year-on-year to €3.0 million (previous year: €3.8 million). Net operating income (NOI) Net operating income (NOI) increased by 1.6% to €104.9 mil- lion (previous year: €103.2 million) due to a slight increase in revenue and a decreased need for write-downs, despite an increase in operating and administrative costs for property. Other operating income and expenses Other operating income, stemming primarily from the rever- sal of provisions, income from rental receivables for which impairment losses had been recognised in previous years and insurance payments amounted to €5.7 million (previous year: €5.1 million). This was slightly higher than in the same period of the previous year,. Other operating expenses of €5.2 million (previous year: €4.4 million) consisted mostly of general administrative and personnel expenses. These expenses were primarily above the previous year’s level due to legal and consulting fees related to the planned conversion into an SE and increased Supervisory Board remuneration. At €105.4 million, earnings before interest and taxes (EBIT) were slightly higher than in the previous year (€103.9 mil- lion). This was mainly due to higher revenue. Decrease in financial gains/losses as expected Financial gains/losses (excluding measurement gains/ losses) came to €-35.0 million, down from €-28.8 million in the previous year. This was largely attributable to an €8.9 million increase in interest expense, the majority of which was related to the bond issued in June 2025. Interest income came to €2.9 million, higher than in the previous year (€1.6 million). Downturn in EBT (excluding measurement gains/losses) as expected As a result of the fall in financial gains/losses, EBT (exclud- ing measurement gains/losses) declined by 6.3% to €70.4 million (previous year: €75.1 million). Measurement gain due to rising contractual rents Property values experienced a slight improvement in the first half of 2026, resulting in a measurement gain of €12.8 million including the investments in the real estate portfolio. The value of the real estate portfolio continued the trend established in the previous year and went up slightly due to rising contractual rents. After minority interests, €9.9 million was attributable to the measurement of the real estate assets reported by the Group, and €2.9 million to the measurement of the real estate assets of joint ventures accounted for using the equity method. The changes in market value of the individual real estate values ranged from -5.6% to +4.3%. The occupancy rate fell slightly to 95.4%, 0.3 percentage points lower than on the most recent reporting date. The EPRA occupancy rate fell slightly from 95.0% to 94.8%.
Half-year Financial Report as at 30 June 2026 . Business performance 8 Taxes on income and earnings Increase in consolidated profit Taxes on income and earnings increased to €3.6 million (pre- vious year: €3.4 million). Expenses from deferred taxes, resulting mainly from a rise in market values and the systematic depreciation of the tax balance sheet values of our real estate assets, amounted to €8.4 million (previous year: €12.2 million). EPRA earnings Consolidated profit Measurement gains/losses on investment properties¹ One-off effects¹ ³ Deferred tax adjustments pursuant to EPRA² EPRA earnings At €71.2 million, consolidated profit was 2.0% higher than in the same period of the previous year (€69.8 million), while earnings per share came to €0.94 (previous year: €0.92). Slight fall in EPRA earnings EPRA earnings, which exclude measurement gains/losses, fell by €2.7 million or €0.03 per share. 01.01.-30.06.2026 01.01.-30.06.2025 in € thousand per share in € in € thousand per share in € 71,183 -12,750 301 9,224 67,958 0.95 -0.17 0.00 0.12 0.90 69,776 -10,267 774 10,420 70,703 0.92 -0.14 0.01 0.14 0.93 Number of no-par-value shares with dividend rights 75,743,854 75,743,854 1 2 3 Including the share attributable to equity-accounted joint ventures and associates Affects deferred taxes on investment properties EPRA earnings have been adjusted for one-off items in accordance with the current “Best Practice Recommendations” issued by EPRA for the first time. The adjustment relates to non-recurring expenses related to the conversion to a Societas Europaea (SE) (previous year: early termination of interest rate swaps as part of the Group’s realignment of its financing structure). The previous year’s figure has been restated accordingly to ensure comparability. Revenue in € million EBIT in € million EBT (excluding measure- ment gains/losses) in € million Funds from operations per share in € 131.4 133.3 103.9 105.4 75.1 70.4 0.98 0.92 2025 2026 2025 2026 2025 2026 2025 2026
Half-year Financial Report as at 30 June 2026 . Business performance 9 Development of funds from operations (FFO) Funds from operations (FFO) are used to finance our ongo- ing investments in portfolio properties, scheduled repay- ments on our long-term bank loans and as the basis for the distribution of dividends. Significant non-recurring effects that are not part of the Group’s operating activities are elim- inated in the calculation of FFO. FFO decreased from €74.4 million to €69.6 million, or from €0.98 to €0.92 per share. Funds from operations Consolidated profit Measurement gains/losses on investment properties¹ Non-cash interest expense¹ ² One-off effects¹ ² Deferred taxes¹ FFO 01.01.-30.06.2026 01.01.-30.06.2025 in € thousand per share in € in € thousand per share in € 71,183 -12,750 2,510 301 8,405 69,649 0.94 -0.17 0.04 0.00 0.11 0.92 69,776 -10,267 1,903 774 12,195 74,381 0.92 -0.14 0.03 0.01 0.16 0.98 Number of no-par-value shares with dividend rights 75,743,854 75,743,854 1 2 Including the share attributable to equity-accounted joint ventures and associates Due to the first-time adjustment of FFO for one-off items, the previous year’s figures have been adjusted accordingly. The one-off items are expenses related to the conversion to a Societas Europaea (SE) (previous year: early termination of interest rate swaps as part of the Group’s realignment of its financing structure). Financial position and net assets Net assets and liquidity The total assets of the Deutsche EuroShop Group rose slightly by €4.4 million compared with the last reporting date to €4,608.2 million (31 December 2025: €4,603.8 million). in € thousand Current assets Non-current assets Current liabilities Non-current liabilities Equity (incl. third-party shareholders) 30.06.2026 31.12.2025 405,086 4,203,124 119,037 2,319,967 2,169,206 425,922 4,177,910 202,224 2,231,509 2,170,099 Total assets 4,608,210 4,603,832 Change -20,836 25,214 -83,187 88,458 -893 4,378
Half-year Financial Report as at 30 June 2026 . Business performance 10 Balance sheet structure Balance sheet total in € million Assets Liabilities 4,603.8 425.9 4,177.9 4,608.2 405.1 4,203.1 4,608.2 4,603.8 119.0 2,320.0 202.2 2,231.5 2,169.2 2,170.1 2025 2026 2026 2025 Current assets Non-current assets Current liabilities Non-current liabilities Total equity (incl. third-party shareholders) Equity ratio of 47.1% Liabilities The equity ratio (including the shares of third-party share- holders) of 47.1% is unchanged compared to the last report- ing date (47.1%) and remains at a robust level. As at 30 June 2026, current and non-current financial lia- bilities stood at €2,094.3 million, up €2.9 million from year- end 2025 due to scheduled repayments and increased lia- bilities for bond interest. As at 30 June 2026, all loan covenants were met. Non-current deferred tax liabilities increased by €8.2 million to €299.5 million due to additional provisions. Other current and non-current liabilities and provisions fell by €5.8 million.
Half-year Financial Report as at 30 June 2026 . Business performance 11 Net tangible assets according to EPRA Net tangible assets (NTA) as at 30 June 2026 came to €2,159.2 million, up by €4.6 million on the figure at year-end 2025 (€2,154.6 million). NTA per share went up accordingly by €0.06 from €28.45 to €28.51 per share (0.2%). EPRA NTA Equity Deferred taxes on investment properties¹ Intangible assets Goodwill as a result of deferred taxes EPRA NTA Number of no-par-value shares issued as at the reporting date ¹ Including the share attributable to equity-accounted joint ventures and associates EPRA Loan-to-Value (EPRA LTV) EPRA LTV, which is based on the Group’s proportional share in the joint ventures and subsidiaries, amounted to 43.6% on the reporting date (31 December 2025: 43.4%). LTV, which EPRA LTV Proportional values in € thousand Bank and bond liabilities Owner-occupied property (IFRS 16, right-of-use asset) Other liabilities (net) Cash and cash equivalents Net financial debt Investment properties Owner-occupied property (IFRS 16, right-of-use asset) Intangible assets Property assets EPRA LTV in % 30.06.2026 31.12.2025 in € thousand 1,896,906 314,030 -22 -51,719 2,159,195 per share in € in € thousand 25.04 1,901,467 4.15 0.00 -0.68 28.51 304,900 -27 -51,719 2,154,621 per share in € 25.10 4.03 0.00 -0.68 28.45 75,743,854 75,743,854 includes the subsidiaries in full and the joint ventures rec- ognised at equity, amounted to 41.5% (31 December 2025: 41.3%) as at the reporting date. 30.06.2026 31.12.2025 2,015,402 2,013,192 150 10,063 -362,740 1,662,875 3,815,156 143 22 166 9,440 -377,393 1,645,405 3,793,810 159 27 3,815,321 3,793,996 43.6 43.4 Change 2,210 -16 623 14,653 17,470 21,346 -16 -5 21,325 0.2
Half-year Financial Report as at 30 June 2026 . Business performance 12 by the rise in energy prices caused by the Iran conflict and a negative contribution from net exports. Consumer confi- dence was adversely affected in April 2026 by growing uncertainty and higher energy prices. Despite these recent developments, private consumption is expected to increase by just under 3% in 2026 due to further growth in real wages and a gradual decline in household savings rates. The rate of inflation is expected to be 2.7% in 2026 (previously 2.1%). According to the European Commission’s Directorate- General for Economic and Financial Affairs, economic growth in Poland is expected to remain strong at 3.5% in 2026 thanks to robust private consumption and a high level of EU-funded investments. Inflation is now expected to rise to 3.6% in 2026 (previously 2.9%) due to an increase in energy prices. Real disposable income is expected to fall due to higher energy prices and slowing wage growth. This will have a negative impact on private consumption in 2026. Expected results of operations and financial position The first half of 2026 saw operating business progress according to plan. We are therefore reiterating our forecast for the 2026 financial year: Revenue: €269–277 million Earnings before interest and taxes (EBIT): €211–219 million Earnings before taxes (EBT) excluding measurement gains/losses: €134–142 million Funds from operations (FFO): €134–142 million Outlook Economic conditions According to the Kiel Institute for the World Economy (IfW), the German economy is currently caught between opposing forces: while monetary policies are providing a boost, the consequences of the Iran conflict are slowing down eco- nomic momentum. Although the German economy is show- ing some signs of recovery, structural issues are preventing a widespread and strong rebound. While the IfW notes that there are still hardly any signs of the strong growth in exports and business investment typically seen in past recoveries, the government’s expansive monetary policy is expected to boost public investment and consumer spend- ing. This is reflected in the IfW’s summer outlook, which now expects GDP to grow at a slightly lower rate of 0.8% for the current year (spring forecast: 1.5%). According to the IfW, the significant rise in commodity prices resulting from the Iran conflict are eating into purchasing power and are reflected in an increase in the inflation rate to 2.8% in 2026. Inflation is expected to remain slightly elevated in 2027 at 2.3%. According to the Federal Ministry for Economic Affairs and Energy (BMWE), consumer sentiment appears to have stabilized at a low level. The consumer barometer of the German Retail Association (HDE) went up slightly in June 2026. The consumer climate published by the Society for Consumer Research (GfK) also saw a moderate recovery. Income expectations were somewhat more optimistic, while the willingness to make purchases remained at a low level. According to the BMWE, private consumption is unlikely to see a noticeable improvement, while energy prices remain significantly elevated and geopolitical uncertainties persist. The ifo Institute believes that there will be a lag before we see a recovery in the labour market. The unemployment rate is expected to be 6.3% in 2026 before falling to 6.1% in 2027. According to the European Commission’s Directorate- General for Economic and Financial Affairs, economic growth in the Czech Republic is now expected to slow down to 1.8% in 2026 (previously 1.9%). This trend is being driven
Half-year Financial Report as at 30 June 2026 . Business performance 13 Revenue in € million EBIT in € million EBT (excluding measure- ment gains/losses) in € million Funds from operations in € million 271.4 270.4 Goal 269– 277 Goal 211– 219 165.2 147.8 Goal 134– 142 162.5 147.6 Goal 134– 142 216.3 214.4 2024 2025 2026 2024 2025 2026 2024 2025 2026 2024 2025 2026 Dividend Risk report At the Annual General Meeting on 18 June 2026, the Exec- utive Board and Supervisory Board proposed a dividend dis- tribution of €1.00 per share for the 2025 financial year. The Annual General Meeting approved the proposal. The dividend was paid out on 23 June 2026. The Iran conflict may lead to additional uncertainty for ten- ants, lenders and shareholders. It is not currently having a direct impact. However, rising inflation rates – particularly due to higher energy costs – and an increase in interest rate level may result in indirect effects. These are difficult to assess based on the information currently available to us. Since the beginning of the financial year, there have been no other significant changes to the information provided in the risk report of the combined management report as at 31 December 2025 (see the Risk Report section of the 2025 Annual Report). We do not believe that the Company cur- rently faces any risks capable of jeopardising its continued existence.
Half-year Financial Report as at 30 June 2026 . Consolidated balance sheet 14 Consolidated balance sheet Assets in € thousand ASSETS Non-current assets Intangible assets Property, plant and equipment Investment properties Investments accounted for using the equity method Non-current assets Current assets Trade receivables Other current assets Cash and cash equivalents Current assets Total assets Liabilities in € thousand EQUITY AND LIABILITIES Equity and reserves Subscribed capital Capital reserves Retained earnings Total equity Non-current liabilities Financial liabilities Deferred tax liabilities Limited partner contributions of non-controlling interests Other liabilities Non-current liabilities Current liabilities Financial liabilities Trade payables Tax liabilities Other provisions Other liabilities Current liabilities Total equity and liabilities 30.06.2026 31.12.2025 51,741 279 4,042,721 108,383 4,203,124 11,451 22,069 371,566 405,086 51,746 291 4,020,721 105,152 4,177,910 16,258 22,259 387,405 425,922 4,608,210 4,603,832 30.06.2026 31.12.2025 75,744 781,582 1,039,580 1,896,906 75,744 781,582 1,044,141 1,901,467 2,019,578 1,938,879 299,488 272,300 901 291,302 268,632 1,328 2,592,267 2,500,141 74,720 7,216 12,818 11,146 13,137 152,536 6,537 14,021 15,886 13,244 119,037 202,224 4,608,210 4,603,832
Half-year Financial Report as at 30 June 2026 . Consolidated income statement 15 Consolidated income statement in € thousand Revenue Property operating costs Property management costs Write-downs and disposals of financial assets Net operating income (NOI) Other operating income Other operating expenses Earnings before interest and taxes (EBIT) Share in the profit or loss of associates and joint ven- tures accounted for using the equity method Interest expense Profit/loss attributable to limited partners Other financial expenses Interest income Financial gains/losses Measurement gains/losses Earnings before taxes (EBT) Taxes on income and earnings Consolidated profit Earnings per share (€) 01.04.- 30.06.2026 01.04.- 30.06.2025 01.01.- 30.06.2026 01.01.- 30.06.2025 65,746 -9,411 -3,732 -972 51,631 2,970 -2,757 51,844 4,917 -17,852 -3,290 0 1,737 65,089 -9,476 -3,849 -1,676 50,088 2,943 -2,530 50,501 2,880 -13,724 -3,613 -774 882 133,328 -17,814 -7,605 -3,002 131,363 -16,717 -7,591 -3,841 104,907 103,214 5,691 -5,231 5,099 -4,379 105,367 103,934 7,099 -35,593 -6,737 0 2,919 4,988 -26,715 -7,219 -774 1,597 -14,488 -14,349 -32,312 -28,123 13,241 50,597 -7,855 42,742 0.56 12,934 49,086 -11,169 37,917 0.50 9,872 82,927 -11,744 71,183 0.94 9,520 85,331 -15,555 69,776 0.92
Half-year Financial Report as at 30 June 2026 . Consolidated statement of comprehensive income 16 Consolidated statement of comprehensive income in € thousand Consolidated profit Items which under certain conditions in the future will be reclassified to the income statement: Actual share of the profits and losses from instru- ments used to hedge cash flows Deferred taxes on changes in value offset directly against equity Total earnings recognised directly in equity Total profit Share of Group shareholders 01.04.- 30.06.2026 01.04.- 30.06.2025 01.01.- 30.06.2026 01.01.- 30.06.2025 42,742 37,917 71,183 69,776 0 0 0 42,742 42,742 896 -144 752 38,669 38,669 0 0 0 71,183 71,183 1,216 -198 1,018 70,794 70,794 Consolidated statement of changes in equity Number of shares out- standing Sub- scribed capital Capital reserves Other retained earnings Statutory reserve Cash flow hedge reserve Treasury shares Total 75,743,854 76,464 793,943 1,015,451 2,000 -2,598 -720 1,884,540 0 0 0 0 69,776 -200,721 0 0 1,018 0 0 0 70,794 -200,721 in € thousand 01.01.2025 Total profit Dividend pay- ments 30.06.2025 75,743,854 76,464 793,943 884,506 2,000 -1,580 -720 1,754,613 01.01.2026 Total profit Dividend pay- ments 75,743,854 75,744 781,582 1,042,141 2,000 0 0 0 0 71,183 -75,744 0 0 30.06.2026 75,743,854 75,744 781,582 1,037,580 2,000 0 0 0 0 0 0 0 0 1,901,467 71,183 -75,744 1,896,906
Half-year Financial Report as at 30 June 2026 . Consolidated cash flow statement 17 Consolidated cash flow statement in € thousand Consolidated profit Income taxes Financial gains/losses Amortisation/depreciation of intangible assets and property, plant and equip- ment with a finite life Unrealised changes in fair value of investment property and other measure- ment gains/losses Distributions and capital repayments received Changes in trade receivables and other assets Changes in current provisions Changes in liabilities Cash flow from operating activities Interest paid Interest received Income taxes paid Net cash flow from operating activities Outflows for the acquisition of investment properties Outflows for the acquisition of intangible assets and property, plant and equipment Cash flow from investing activities Inflows from the assumption of financial liabilities Outflows from the repayment of financial liabilities Outflows from the repayment of lease liabilities Payments to limited partners Payments to Group shareholders Cash flow from financing activities Net change in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period 01.01.- 30.06.2026 01.01.- 30.06.2025 71,183 11,744 32,312 73 -9,872 3,867 8,022 -4,740 10,906 69,776 15,555 28,123 75 -9,520 4,310 976 -1,433 -1,749 123,496 106,113 -32,690 2,919 -7,972 85,753 -8,952 -56 -9,008 0 -10,679 -104 -6,057 -75,744 -92,584 -15,839 387,405 371,566 -24,435 1,597 -6,479 76,796 -13,191 -78 -13,269 493,855 -168,355 -26 -5,608 0 319,866 383,393 212,438 595,831
Half-year Financial Report as at 30 June 2026 . Notes 18 Notes Principles underlying the consolidated financial statements Disclosures on the consolidated balance sheet and the consoli- dated income statement General disclosures Investment properties The Group parent company is Deutsche EuroShop SE (for- merly: Deutsche EuroShop AG), Hamburg, Germany. The Company’s head office is at Heegbarg 36, 22391 Hamburg, Germany. The Company is entered in the Hamburg Commer- cial Register (HRB 200592; formerly: HRB 91799). Deutsche EuroShop SE focuses on acquiring, managing, using and selling investments of all kinds, and in particular invest- ments in retail properties. Basis of preparation of the interim consolidated financial statements The interim consolidated financial statements for the period from 1 January 2026 to 30 June 2026 were prepared in accordance with IAS 34 “Interim Financial Reporting”, as applicable in the European Union. These interim consoli- dated financial statements should be read in conjunction with the consolidated financial statements as at 31 Decem- ber 2025. The initial application of new standards or inter- pretations during the reporting period did not have a mate- rial impact. Basis of consolidation No acquisitions or disposals took place during the reporting period. For further details on the basis of consolidation, please refer to the consolidated financial statements as at 31 December 2025. Accounting policies and valuation methods The accounting policies and valuation methods applied as at 30 June 2026 are consistent with those used in the pre- paration of the consolidated financial statements as at 31 December 2025. Investment properties performed as follows in the first half of 2026: in € thousand 2026 2025 Carrying amount as at 01.01. Disposals Change in rental incentives Recognised construction measures Unrealised changes in fair value Carrying amount as at 30.06. (previous year 31.12.) 4,020,721 3,966,721 0 188 0 6,923 8,952 32,196 12,860 14,881 4,042,721 4,020,721 Investment properties (IAS 40) have been measured at fair value. A valuation as at 30 June 2026 was provided by the independent appraiser Jones Lang LaSalle SE (JLL) in accordance with the guidelines issued by the Royal Institu- tion of Chartered Surveyors (RICS). JLL previously provided a valuation as at 31 December 2025. The discounted cash flow method (DCF) was used for both valuations, as was the case as at 31 December 2025. For a detailed explanation of the DCF method, please refer to the Investment Properties section of our 2025 Annual Report. A Level 3 valuation methodology was used in line with the fair value hierarchy under IFRS 13. The following overview shows the key assumptions used by JLL to determine the market values: Valuation parameters 30.06.2026 31.12.2025 in % Rate of rent increases Cost ratio Discount rate Capitalisation interest rate Germany Abroad 1.75 11.58 7.04 5.77 1.09 6.24 7.93 6.20 Total 1.61 10.46 7.23 5.86 Germany Abroad 1.64 11.50 7.01 5.74 0.63 6.41 7.82 6.13 Total 1.43 10.46 7.18 5.82
Half-year Financial Report as at 30 June 2026 . Disclosures 19 A 25 or 100 bp change in a material parameter (sensitivity analysis) of real estate appraisals would have the following pre-tax impact on measurement gains/losses (including the share attributable to at-equity consolidated companies): Sensitivity analysis – valuation parameters – Domestic – 30.06.2026 Basis Change in parameter in € million Rate of rent increases 1.75 - 0.25 percentage points + 0.25 percentage points Cost ratio Discount rate Capitalisation interest rate + 1.00 percentage points 11.58 - 1.00 percentage points + 0.25 percentage points 7.04 - 0.25 percentage points + 0.25 percentage points 5.77 - 0.25 percentage points 96.6 -94.3 -37.8 31.0 -59.4 56.1 -82.6 81.9 Sensitivity analysis – valuation parameters – Abroad – 30.06.2026 Basis Change in parameter in € million Rate of rent increases 1.09 - 0.25 percentage points + 0.25 percentage points Cost ratio Discount rate Capitalisation interest rate + 1.00 percentage points 6.24 - 1.00 percentage points + 0.25 percentage points 7.93 - 0.25 percentage points + 0.25 percentage points 6.20 - 0.25 percentage points 20.0 -19.0 -9.0 8.5 -14.0 14.0 -17.5 19.0 Sensitivity analysis – valuation parameters – Total – 30.06.2026 Basis Change in parameter in € million Rate of rent increases 1.61 - 0.25 percentage points + 0.25 percentage points Cost ratio Discount rate Capitalisation interest rate + 1.00 percentage points 10.46 - 1.00 percentage points + 0.25 percentage points 7.23 - 0.25 percentage points + 0.25 percentage points 5.86 - 0.25 percentage points 116.6 -113.3 -46.8 39.5 -73.4 70.1 -100.0 100.8 in % 3.2 -3.1 -1.3 1.0 -2.0 1.9 -2.7 2.7 in % 2.5 -2.4 -1.1 1.1 -1.8 1.8 -2.2 2.4 in % 3.1 -3.0 -1.2 1.0 -1.9 1.8 -2.6 2.6
Half-year Financial Report as at 30 June 2026 . Disclosures 20 Changing the parameters led to the following results as at 31 December 2025: Sensitivity analysis – valuation parameters – Domestic – 31.12.2025 Basis Change in parameter in € million Rate of rent increases 1.64 - 0.25 percentage points + 0.25 percentage points Cost ratio Discount rate Capitalisation interest rate + 1.00 percentage points 11.50 - 1.00 percentage points + 0.25 percentage points 7.01 - 0.25 percentage points + 0.25 percentage points 5.74 - 0.25 percentage points 99.1 -90.6 -33.8 34.6 -55.6 58.2 -77.2 85.4 Sensitivity analysis – valuation parameters – Abroad – 31.12.2025 Basis Change in parameter in € million Rate of rent increases 0.63 - 0.25 percentage points + 0.25 percentage points Cost ratio Discount rate Capitalisation interest rate + 1.00 percentage points 6.41 - 1.00 percentage points + 0.25 percentage points 7.82 - 0.25 percentage points + 0.25 percentage points 6.13 - 0.25 percentage points 20.5 -19.0 -8.0 9.0 -14.0 14.0 -17.5 20.0 Sensitivity analysis – valuation parameters – Total – 31.12.2025 Basis Change in parameter in € million Rate of rent increases 1.43 - 0.25 percentage points + 0.25 percentage points Cost ratio Discount rate Capitalisation interest rate + 1.00 percentage points 10.46 - 1.00 percentage points + 0.25 percentage points 7.18 - 0.25 percentage points + 0.25 percentage points 5.82 - 0.25 percentage points 119.6 -109.5 -41.8 43.6 -69.6 72.2 -94.7 105.4 in % 3.3 -3.0 -1.1 1.1 -1.8 1.9 -2.6 2.8 in % 2.6 -2.4 -1.0 1.2 -1.8 1.8 -2.2 2.6 in % 3.2 -2.9 -1.1 1.2 -1.8 1.9 -2.5 2.8 The appraisal showed that, for the first half of 2026, the real estate portfolio had a net initial yield before deduction of transaction costs of 6.64%, compared with the figure of 6.60% on 31 December 2025, and a net initial yield after transaction costs of 6.25%, following 6.22% on 31 December 2025. The EPRA net initial yield for the first half of 2026 came to 5.86% (year-end 2025: 5.90%).
Half-year Financial Report as at 30 June 2026 . Disclosures 21 30.06.2026 31.12.2025 Non-current Current Non-current 1,525,989 493,589 58,816 15,904 1,445,941 492,938 Current 147,789 4,747 2,019,578 74,720 1,938,879 152,536 Interest expense in € thousand 2026 2025 Property financing and cor- porate bonds Amortisation of financial liabilities Other 32,671 24,433 2,903 19 2,280 2 35,593 26,715 Interest expenses from the amortisation of financial liabili- ties related to (i) subsequent measurement at amortised cost in accordance with the effective interest method in connection with measurement differences upon initial con- solidation for bank loans and overdrafts, and (ii) the accrual of transaction costs, are considered non-cash expenses. Financial liabilities in € thousand Bank loans and overdrafts Corporate bonds Financial liabilities relate to loans raised to finance property acquisitions and investment projects, in addition to corpo- rate bonds. Land charges on Company properties totalling €1,584,805 thousand (31 December 2025: €1,593,730 thou- sand) serve as collateral. Industry-standard collateral arrangements are used, such as the assignment of rental receivables and the pledge of bank balances. The corporate bond is unsecured. Bank loans and overdrafts went down due to scheduled repayments. The increase in liabilities related to corporate bonds was primarily caused by accrued interest. Liabilities related to corporate bonds comprise the amor- tised cost of the green bond issued in June 2025 with a nominal value of €500 million and a coupon rate of 4.5%. The green bond matures on 15 October 2030. All conditions of the financial liabilities were met as at 30 June 2026. Based on current planning and estimates, the conditions will be met for the rest of the year. Revenue in € thousand 2026 2025 Minimum rental income 127,759 126,089 Allocable property tax and insurance Turnover rents Other 2,846 1,956 767 3,070 1,743 461 133,328 131,363 of which rental in- come directly attrib- utable to investment properties in accord- ance with IAS 40 133,328 131,363 The rental income reported derives from operating leases and relates to rental income from investment properties with long-term leases.
Half-year Financial Report as at 30 June 2026 . Segment reporting 22 Segment reporting Segment reporting by Deutsche EuroShop SE is carried out on the basis of internal reports that are used by the Execu- tive Board to manage the Group. Internal reports distinguish between shopping centers in Germany (“domestic”) and other European countries (“abroad”). As the Group’s main decision-making body, the Executive Board of Deutsche EuroShop SE first and foremost assesses the performance of the segments based on revenue, EBIT and EBT excluding measurement gains/losses. The meas- urement principles for segment reporting correspond to those of the Group. To assess the contribution of the segments to the individual performance indicators as well as to the Group’s perfor- mance, the income, expenditure, assets and liabilities of the joint ventures are included in internal reporting in proportion to the Group’s share in the same. Similarly, for subsidiaries in which the Group is not the sole shareholder, income, expenditure, assets and liabilities are only consolidated in proportion to the corresponding Group share. This results in the following figures, broken down by segment: in € thousand Revenue 01.01.-30.06.2025 EBIT 01.01.-30.06.2025 Germany 100,588 (98,836) 79,606 (77,500) Abroad 28,520 Total 129,108 (28,085) (126,921) Reconcilia- tion 01.01.- 30.06.2026 4,221 (4,442) 133,328 (131,363) 25,258 104,864 503 105,367 (24,691) (102,191) (1,743) (103,934) EBT (excluding measurement gains/ losses) 01.01.-30.06.2025 56,949 (56,601) 22,353 (21,925) 79,302 (78,526) -8,907 (-3,393) 70,395 (75,133) Segment assets 31.12.2025 3,129,320 833,083 3,962,403 645,807 4,608,210 (3,127,048) (819,122) (3,946,170) (657,662) (4,603,832) of which investment properties 3,015,698 799,458 3,815,156 227,565 4,042,721 31.12.2025 (3,015,350) (778,460) (3,793,810) (226,911) (4,020,721) 30.06.2026 The adjustment of the proportionate consolidation of the joint ventures and subsidiaries in which the Group does not own a 100% stake is carried out in the reconciliation column. Deferred tax liabilities are considered by the Executive Board of Deutsche EuroShop SE cross-segmentally and are there- fore included in the reconciliation column for segment lia- bilities. Accordingly, the goodwill from the acquisition of Olympia Brno was allocated to the reconciliation column of the segment assets. The reconciliation column also contains the companies that are not allocated to either of the two segments (Deutsche EuroShop SE, DES Management GmbH and DES Beteiligungs GmbH & Co. KG). In view of the geographical segmentation, no further infor- mation pursuant to IFRS 8.33 is given.
Half-year Financial Report as at 30 June 2026 . Other disclosures 23 Other disclosures Financial instruments and risk management Amount stated in line with IFRS 9 Meas- urement category in accordance with IFRS 9 Carrying amounts as at 30.06.2026 Amortised cost Fair value recognised in income Fair value recognised in equity Fair value as at 30.06.2026 AC AC AC 11,451 17,086 11,451 17,086 371,566 371,566 FLAC 2,094,298 2,094,298 FLAC FLAC FLAC 272,300 272,300 7,216 8,794 7,216 8,794 11,451 17,086 371,566 2,027,312 272,300 7,216 8,794 Amount stated in line with IFRS 9 Meas- urement category in accordance with IFRS 9 Carrying amounts as at 31.12.2025 Amortised cost Fair value recognised in income Fair value recognised in equity Fair value as at 31.12.2025 AC AC AC 16,258 13,055 16,258 13,055 387,405 387,405 FLAC 2,091,415 2,091,415 FLAC FLAC FLAC 268,632 268,632 6,537 8,599 6,537 8,599 16,258 13,055 387,405 2,029,656 268,632 6,537 8,599 in € thousand FINANCIAL ASSETS Trade receivables Other assets Cash and cash equivalents FINANCIAL LIABILITIES Financial liabilities² Limited partner contributions of non-controlling interests Trade payables Other liabilities in € thousand FINANCIAL ASSETS Trade receivables Other assets Cash and cash equivalents FINANCIAL LIABILITIES Financial liabilities² Limited partner contributions of non-controlling interests Trade payables Other liabilities Corresponds to Level 1 of the IFRS 7 fair value hierarchy Corresponds to Level 2 of the IFRS 7 fair value hierarchy Corresponds to Level 3 of the IFRS 7 fair value hierarchy ¹ ² ³ Measurement categories in accordance with IFRS 9: financial assets measured at amortised cost (AC), at fair value through other comprehensive income (FVOCI), financial liabilities measured at amortised cost (FLAC)
Half-year Financial Report as at 30 June 2026 . Other disclosures 24 With the exception of other financial investments, financial assets and liabilities are measured at amortised cost. Due to the predominantly short-term nature of trade receivables and payables, other assets and liabilities, and cash and cash equivalents, the carrying amounts as at the reporting date do not deviate significantly from the fair values. The fair values of financial liabilities measured at amortised cost correspond to the cash values of debt-related payments based on current interest rate yield curves (Level 2 in accordance with IFRS 13). Related parties for the purposes of IAS 24 Events after the reporting date Following its registration in the commercial register on 31 July 2026, the company was transformed into a Societas Europaea (SE). No further significant events occurred between the balance sheet date of 30 June 2026 and the date of preparation of the financial statements. Hamburg, 13 August 2026 There has been no change in related party relationships since the most recent consolidated financial statements. For further details, please refer to the consolidated financial statements as at 31 December 2025. Hans-Peter Kneip The non-apportionable share of fees for service contracts and subsidy agreements with the ECE Group and CURATAX Treuhand GmbH Steuerberatungsgesellschaft disclosed in the income statement totalled €10,162 thousand in the period under review (previous year: €11,803 thousand). Dividend The Annual General Meeting held on 18 June 2026 resolved to use €75,743,854.00 of the distributable profit of Deutsche EuroShop SE for the 2025 financial year (€251,502,280.25) to pay a dividend of €1.00 per no-par-value share with div- idend rights, with the remaining €129,165,748.71 carried forward to new account. The dividend was paid out on 23 June 2026. Responsibility Statement by the Executive Board To the best of my knowledge, and in accordance with the applicable reporting principles for interim financial report- ing, the interim consolidated financial statements give a true and fair view of the assets, liabilities, financial position and profit or loss of the Group, as well as a fair review of the performance of the business, including the operating results and the position of the Group, together with a description of the principal opportunities and risks associated with the expected performance of the Group for the remainder of the financial year. Hamburg, 13 August 2026 Hans-Peter Kneip Forward-looking statements This quarterly statement contains forward-looking statements based on estimates of future developments by the Executive Board. The statements and forecasts represent estimates based on all of the information available at the current time. If the assumptions on which these statements and forecasts are based do not materialise, the actual results may differ from those currently forecast. Rounding and rates of change Percentages and figures stated in this report may be subject to rounding differences. The signs used to indicate rates of change are based on economic considerations: improvements are indicated with a plus sign (+); deteriorations with a minus sign (-).
Half-year Financial Report as at 30 June 2026 . The shopping center share 25 The shopping center share Key share data After closing out 2025 at €18.84¹, the Deutsche EuroShop share started the new year on a positive note and trended upward until it reached a high of €20.90 on 27 February 2026. The conflict with Iran began on 28 February 2026, causing share prices to drop. A period of moderate recovery followed in the lead-up to the Annual General Meeting, which was held in Hamburg on 18 June 2026. The share price trended lower in the days following the AGM, before closing the first half of the year at €17.56 on 30 June 2026 – the lowest it had been in the period. Taking into account the dividend of €1.00 per share for the 2025 financial year which was distributed on 23 June 2026, this corresponds to a per- formance of -1.8%. The small cap index SDAX rose by 5.1% over the same period. Deutsche EuroShop’s market capitalisation stood at €1.33 billion at the end of June 2026. Financial calendar 2026 13 August Half-year Financial Report 2026 21 September Berenberg and Goldman Sachs German Corporate Conference, Munich 22 September Baader Investment Conference, Munich 12 November Quarterly statement 9M 2026 10 December CIC Forum by Market Solutions, digital Our financial calendar is updated continuously. Please check our website for the latest events: www.deutsche-euroshop.com/ir Would you like further information? Then visit us online or call us: Patrick Kiss and Nicolas Lissner Tel.: +49 (0)40 - 41 35 79-20 / -22 Fax: +49 (0)40 - 41 35 79-29 Email: ir@deutsche-euroshop.de Online: www.deutsche-euroshop.com/ir Financial services/real estate €75,743,854.00 Sector/industry group Share capital on 30.06.2026 Number of shares on 30.06.2026 (no-par-value registered shares) Dividend for 20252 Share price on 30.12.2025 Share price on 30.06.2026 Low/high for the period under review Market capitalisation on 30.06.2026 Prime Standard OTC markets Indices ISIN Ticker symbol 75,743,854 €1.00 €18.84 €20.35 €17.56/€20.90 €1.33 billion Frankfurt and Xetra Berlin, Düsseldorf, Hamburg, Hanover, Munich and Stuttgart SDAX, CDAX, EPRA, HASPAX, Prime All Share Index, Classic All Share Index DE 000748 020 4 DEQ, Reuters: DEQGn.DE 1 Unless otherwise specified, all information and calculations are based on Xetra closing prices. 2 Paid on 23 June 2026 Deutsche EuroShop vs. SDAX and EPRA Comparison, January to August 2026 (indexed, base of 100, in%) 110 105 100 95 Jan 26 Feb 26 Mar 26 Apr 26 May 26 Jun 26 July 26 Aug 26 Deutsche EuroShop EPRA SDAX