Paris, October 23, 2025 Press release UNIBAIL-RODAMCO-WESTFIELD Q3-2025 TRADING UPDATE UPGRADED GUIDANCE AND FLAGSHIP ASSET ACQUISITION ADVANCING ‘A PLATFORM FOR GROWTH' 2025–28 PLAN Solid operating performance in 9M-2025 Tenant sales up +3.4%1 and footfall up +1.8% MGR uplift of +6.7% on top of indexed passing rents +11.0% increase in signed rent per sqm, showing focus on high value leases Like-for-like Shopping Centres GRI up +2.4%, consistent with H1-2025 Complete delivery in September of Coppermaker Square residential scheme in London Acquisition of a 25% stake in St James Quarter, a retail flagship asset in Edinburgh, to be Westfield rebranded in 2026 €1.6 Bn 2 of disposal transactions secured year-to-date, of which €1.4 Bn already completed, and €0.7 Bn of active discussions Proactive management of capital structure through the successful €685 Mn 4.75% NC2031 hybrid issuance and a buyback exercise on its NC2026 and NC2025 hybrid instruments 2025 Adjusted Recurring Earnings per Share (AREPS) to be at least €9.50 Commenting on the results, Jean-Marie Tritant, Chief Executive Officer, said: “The strong operating performance in the first nine months of the year was underpinned by rising tenant sales and increased footfall across our portfolio of dominant flagship assets in the best European and US markets. This performance supported strong leasing activity with positive MGR uplift and positions us to unlock further reversionary potential and sustain long-term value creation in the future.