Common use of General Clause in Contracts

General. The pro forma financial information included in this section has been prepared for the period ending 31 December 2020, including the financial information in respect of Extensa Group NV (“Extensa”) and Leasinvest Real Estate Management NV (“LREM”) which may be acquired by Leasinvest Real Estate NV (“Leasinvest” or the “Company”) as part of the Transaction1 through a contribution in kind of all shares in Extensa and LREM (the “Contributions”), subject to approval of the general meeting of shareholders of the Company on 19 July 2021 (“the EGM”). This information is based on the consolidated financial statements of Leasinvest and the consolidated financial statements of Extensa, both for the period ending 31 December 2020 and in accordance with the International Financial Reporting Standards and IFRIC interpretations effective on 31 December 2020, as approved by the European Commission, and on the statutory financial statements of LREM for the period ending 31 December 2020, in accordance with Belgian GAAP. The Belgian GAAP financial statements of LREM are in line with IFRS as there are no material IFRS-adjustments. The pro forma financial information is established to indicate how the Contributions would affect the assets and liabilities and earnings of Leasinvest, if the Contributions would have been completed on 1 January 2020 (in respect of the pro forma consolidated P&L statement) or on 31 December 2020 (in respect of the pro forma consolidated balance sheet). Because of its nature, the Pro Forma Financial Information addresses a hypothetical situation and, therefore, does not represent the Company’s actual financial position or results for the period after the Transaction (if it would be completed). It has been prepared for illustrative purposes only. The pro forma financial information has not been audited by an external auditor. However, the Statutory Auditor, ▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ BV, represented by Mr. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, shall issue a report on the compilation of Pro Forma Financial Information as of 31 December 2020 in the framework of the listing prospectus that will be published shortly after the EGM and which will include this pro forma financial information.