MERLIN Properties Annual Report 2020 / English

| 91 Lerida - Mangraners Catalonia 3,228 Zaragoza - Aznar Molina Zaragoza 4,488 Sevilla - Borbolla Andalusia 13,037 Granada - Escudo del Carmen Andalusia 2,040 TOTAL OFFICES 1,322,695 * Marineda Galicia 100,475 Arturo Soria Madrid 6,069 Centro Oeste Madrid 10,876 Tres Aguas Madrid 67,691 X-Madrid Madrid 47,105 Callao 5 Madrid 11,629 Larios Andalusia 37,956 Porto Pi Mallorca 32,795 Artea Basque Country 25,922 Arenas Catalonia 31,905 Vilamarina Catalonia 32,191 Saler Valencian C. 29,360 La Vital Valencian C. 20,878 Bonaire Valencian C. 14,455 Almada Lisbon 60,098 TOTAL SHOPPING CENTERS 529,405 Asset Location G.L.A sqm AG *Adequa 2 is excluded from the perimeter (1,326,404 if included).