Castellana Properties Socimi S A : obtains a 3-star rating in its debut year in the GRESB index

· GRESB, the leading global benchmark in assessing companies' ESG performance has recognised the concerted effort made by Castellana Properties, awarding it a score of 75 out of 100.

· In its debut year, the company performed particularly well in the Management category, obtaining a score of 28 out of 30.

· Castellana Properties was found to be deeply committed in Social (scoring 18 out of 18) and Governance-related areas (scoring 18 out of 20), outperforming the average score of participating companies in both of these areas.

Castellana Properties, a listed company specialising in the retail sector, has obtained a 3-star rating in its first year participating in the GRESB ranking, achieving a score of 75 out of 100. GRESB is the leading global benchmark in assessing the ESG performance of listed companies.

The GRESB methodology awards an overall score to companies based on their performance in the Management and Performance categories. In its debut year, Castellana Properties performed particularly well in the Management category, obtaining a score of 28 out of 30. This result is thanks to the concerted effort made by the company to evaluate and introduce measures designed to improve its sustainability management.

Looking at the breakdown of the company's ESG performance, Castellana Properties obtained scores that were above average for the real estate sector in the Social (S) and Governance (G) components, scoring 18 out of 18 and 18 out of 20 respectively. More specifically, the company was highly rated for its performance in Leadership, Policies, Reporting, Commitment, Objectives and Certifications among others.

This achievement serves as recognition for the hard work and dedication that the Company has put in over the past year to improve its level of transparency and management practices in ESG-related matters.

In fact, Castellana Properties is currently in the process of developing and rolling out its sustainability strategy, which includes short-, medium-, and long-term objectives. A notable result of this strategy is that all of its shopping centres have obtained BREEAM certification - the hallmark recognising sustainability in buildings - and has published its first ESG Report, for which it received an EPRA (European Real Estate Association) sBPR Gold Award and the Most Improved Award special mention for being one of the SOCIMIs in Europe to achieve the greatest improvement in its ESG score compared to the previous year.

Alfonso Brunet, CEO of Castellana Properties, added "at Castellana Properties we work every day to deepen our commitment to our ESG values. That is why we are always actively looking for opportunities that will allow us to generate a positive impact on all the regions in which we operate, while upholding our undertaking to fully respect the environment. We are extremely proud to have obtained this recognition from GRESB in our debut year in the index, a real accomplishment given the leading global benchmark is renowned for its meticulous methodology when assessing the ESG performance of companies".