Solid 9M 2024 results: EPS & DPS guidance confirmed - Students choose Xior en masse: again full occupancy - Increased guidance LfL rental growth to 6.5% for FY 2024

Solid 9M 2024 results – strength student property confirmed with high LfL rental growth

Earnings and dividend guidance 2024 reconfirmed at 2.21 EUR EPS and 1.768 EUR DPS with EPRA earnings at 1.53 EUR/share after IFRIC 21 adjustment based on strong first 9 months
Net rental income +14% YoY thanks to +6.8% LfL rental growth and 98% occupancy rate. Confirmation of strength of market, pricing power as well as affordability of student accommodation
Bridge loan fully repaid and further reduction of leverage to below 50% remains the focus. Debt ratio and LTV at 50.30% pro forma and 51.68% respectively
Divestment plan realised and approx. 25 MEUR additional divestments committed

Operational update – strong demand and pricing power mark successful academic year

Successful start of new academic year with higher rents (+6.2% from October) leading to increased guidance LfL rental growth to 6.5% for FY 2024 (vs. 5.5%)
Students continue to choose Xior en masse, ensuring smooth rental season and consistently high occupancy of 98%
Higher rents have no impact on demand
Unique market fundamentals will continue to support further rental and earnings growth without losing sight of affordability

___________________

_{For more information, please contact:}

_{Xior Student Housing NV
Frankrijklei 64-68
2000 Antwerp, Belgium
www.xior.be}

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

_{Xior Investor Relations
Sandra Aznar
IR & ESG Director
ir@xior.be
T +32 3 257 04 89}

Xior - Pressrelease - 9M 2024 - EN - 25.10.2024.pdf

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Sandra Aznar

IR & ESG director

Christian Teunissen

CEO

Frederik Snauwaert

CFO

About Xior Student Housing NV

Xior Student Housing NV is the first Belgian public regulated real estate company (RREC) specialising in the student housing segment in Belgium, the Netherlands, Spain, Portugal, Germany, Poland, Denmark and Sweden. Within this property segment, Xior Student Housing offers a variety of accommodation, ranging from rooms with shared facilities to en-suite rooms and fully equipped studios. Since 2007, as owner-operator, Xior Student Housing has built high-quality, reliable student accommodation for students looking for the ideal place to study, live and relax. A place with that little bit extra, where every student immediately feels at home.

Xior Student Housing has been accredited as a public RREC under Belgian law since 24 November 2015. Xior Student Housing's shares have been listed on Euronext Brussels (XIOR) since 11 December 2015. On 30 September 2024, Xior Student Housing held a property portfolio worth approximately 3.3 billion EUR. More information is available at www.xior.be.

Xior Student Housing NV, a Public RREC under Belgian law (BE-REIT)
Frankrijklei 64-68, 2000 Antwerp, Belgium
BE 0547.972.794 (Antwerp Register of Legal Entities, Antwerp Division)

Disclaimer
This press release contains forward-looking information, projections, convictions, opinions and estimates produced by Xior in relation to the expected future performance of Xior and of the market in which it operates ('forward-looking statements'). By nature, forward-looking statements involve inherent risks, uncertainties and assumptions, both general and specific, that appear justified at the time at which they are made but which may or may not turn out to be accurate, and there is a risk that the forward-looking statements will not be realised. Some events are difficult to predict and may depend on factors outside of Xior's control. In addition, the forward-looking statements are only valid on the date of this press release. Statements in this press release relating to past trends or activities may not be interpreted as an indication that such trends or activities will persist in future. Neither Xior nor its representatives, officers or advisers can guarantee that the parameters upon which the forward-looking statements are based are free of errors, nor can they indicate, guarantee or predict whether the expected results set out in such a forward-looking statement will ultimately be achieved. Actual profits, the financial situation and Xior's performance or results may therefore differ substantially from the information projected or implied in forward-looking statements. Xior expressly does not accept any obligations or guarantees as to public updates or reviews of forward-looking statements unless required to do so by law. This press release has been prepared in Dutch and has been translated into English and French. In case of discrepancies between the different versions of this press release, the Dutch version will prevail.