Mercialys (PARIS: MERY) announced the appointment of Jerome Engelbrecht as Group Chief Financial Officer and member of the Executive Committee, effective September 1, 2026. The move strengthens the French retail real estate company's financial leadership as it pursues its growth strategy.

In this role, Engelbrecht will oversee all Finance functions and Investor Relations at Mercialys. He reports directly to Vincent Ravat, Chief Executive Officer of Mercialys.

Professional background

Engelbrecht brings nearly twenty years of experience in corporate finance and the real estate sector. Since April 2025, he has served as Chief Financial Officer of Proudreed. Prior to that, he held the position of Deputy Chief Financial Officer at Icade.

The majority of his career was spent at Gecina, which he joined in 2011. There, he served for more than ten years as Head of Financing, Treasury, Business Plan and Corporate Finance. In this capacity, he supported the group’s main strategic transformations and led the transformation of its financial structure as well as key transactions for the Group. A graduate of ESCP Business School, he began his career in 2007 at KPMG in the Transaction Services practice.

Strategic context

The appointment reflects Mercialys’ commitment to pursuing the execution of its growth strategy, further strengthening its financial discipline and sustainably supporting the Group’s performance.

Vincent Ravat, Chief Executive Officer of Mercialys, stated: "We are delighted to welcome Jerome to our Executive Committee. His in-depth knowledge of listed real estate, his expertise in financial management, financing and strategic transactions, as well as his experience of major transformations, will be valuable assets in supporting the company through the next stages of its development."

About Mercialys

Mercialys is one of France’s leading real estate companies specializing in the holding, management and transformation of retail spaces. At June 30, 2026, the Company had a real estate portfolio valued at EUR 3.1 billion (including transfer taxes). Listed on the stock market since October 12, 2005 under the ticker symbol MERY, it holds "SIIC" real estate investment trust (REIT) tax status. A member of the SBF 120 and Compartment A of Euronext Paris, it had 93,886,501 shares outstanding at June 30, 2026.

Mercialys (PARIS: MERY) has completed its authorized share buyback program, acquiring the final batch of shares between September 14 and September 16, 2026. This latest tranche brings the total repurchased volume to 372,645 shares, fulfilling the company's obligations for existing free share allocation plans.

The transactions were executed under a mandate granted to an investment services provider. The program was authorized by the Shareholders’ General Meeting on April 23, 2026 (16th resolution), with a maximum cap of 430,000 shares. Although the mandate allowed for up to 430,000 shares, the company acquired a total of 372,645 shares across two reporting periods, concluding the specific execution phase described in the regulatory filings.

Transaction Details

The new data covers purchases made from September 14 to September 16, 2026. These transactions follow an earlier period of buying activity between September 7 and September 11, 2026.

What the Numbers Show

The average purchase price for the final three-day period was €10.4755, lower than the €10.7432 average recorded in the first week of September. This suggests the company capitalized on a slight dip in share prices to complete its allocations. The largest single-day purchase remains September 9 (151,774 shares), which accounted for approximately 40.7% of the total volume repurchased across both periods.

Regulatory Context

These transactions comply with Article 5 of European Regulation no. 596/2014. They fall within the scope of the share buyback program authorized by the Shareholders’ General Meeting on April 23, 2026 (16th resolution). Mercialys is a French limited company (société anonyme) with a capital of Euro 93,886,501.