Shareholders opt for approx. 44.54% of the shares for optional dividend - Publication of the new denominator under the Transparency Act

Results of optional dividend

Xior’s shareholders have chosen for approx. 44.54% of their dividend claims for a contribution of their net dividend claims in exchange for new shares rather than a dividend payment in cash.

This result leads to a capital increase (including issue premium) for Xior of approx. MEUR 10.97 by creating 230,021 new shares, which means the total number of Xior shares will be equal to 28,011,322.

I. Capital increase following optional dividend

This capital increase results in a retention of resources within the company, which will be used to strengthen Xior's equity and therefore reduce its (limited by law) debt ratio. This capital increase therefore offers Xior the opportunity to carry out additional debt-financed transactions in the future, and enables Xior to realise its growth intentions via additional future investments. In addition, this strengthens ties with shareholders.

Finally, the strengthening of Xior's equity will play a role in a.o. the assessment of Xior's financial health by third parties (credit institutions, suppliers and customers).

This result reduces the debt ratio by 0.50% (compared to a 100% dividend payment in cash) and results in a capital increase (including issue premium) following the optional dividend of approx. MEUR 10.97. The deed for the capital increase was executed today, Tuesday 7 June 2022, before the opening of the stock market.

On Thursday 9 June 2022, the actual dividend settlement will take place before the opening of the stock market, whereby, depending on the choice of shareholders, (i) the new shares, issued in exchange for the contribution of net dividend rights, will be delivered, (ii) the dividend will be paid in cash, or (iii) the two previous payment terms will be combined.

The newly created shares will be admitted for trading on the Euronext Brussels regulated market as from 9 June 2022.

II. Disclosure under Article 15 of the Act of 2 May 2007 (Transparency Act)

As a result of this capital increase and the issue of 230,021 new shares at a total issue price of EUR 10,965,101.07 (specifically EUR 4,140,378 capital and EUR 6,824,723.07 issue premium), Xior Student Housing NV hereby discloses the following information as at 7 June 2022 in accordance with Article 15 of the Transparency Act:

• Total capital: EUR 504,203,796
•  Total number of voting securities: 28,011,322 (all ordinary shares)
• Total number of votes (= denominator): 28,011,322 (all associated with ordinary shares)

Each of these shares confers one vote at the Annual General Meeting and these shares are therefore the denominator for the purpose of notifications under the transparency rules (i.e. notification in the event of reaching, exceeding or falling below the thresholds specified by law or in the Articles of Association). Xior's Articles of Association do not provide for additional statutory thresholds for notifications under transparency regulations. No outstanding options or warrants have been issued that entitle the holder to shares – neither pre-emptive shares, nor non-voting shares.

Find the press release in the PDF file added below.

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_{For more information, please contact:}

_{Xior Student Housing NV
Mechelsesteenweg 34, box 108
2018 Antwerp
www.xior.be}

_{Xior Investor Relations
Sandra Aznar
Head of Investor Relations
ir@xior.be
T +32 3 257 04 89}

_{Christian Teunissen, CEO
Frederik Snauwaert, CFO
info@xior.be
T +32 3 257 04 89}