Ina Invest expects market-driven valuation adjustment of the real estate
portfolio

Ina Invest Holding AG / Key word(s): Forecast/Profit Warning
Ina Invest expects market-driven valuation adjustment of the real estate
portfolio

14-Dec-2023 / 18:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.

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Glattpark (Opfikon), 14 December 2023 - Ina Invest has received the
provisional valuations of its real estate portfolio as at 31 December 2023
from its valuation expert Wüest Partner. As expected, this results in a
market-driven correction of around -2.5% compared to the previous year,
which has an impact on earnings but not on cash. The valuation adjustment is
in line with the general market trend. Although Ina Invest achieved positive
operating developments and results in the 2023 financial year, it is
currently expected that the correction will lead to a negative annual result
in the order of CHF 15 million.

Ina Invest will provide detailed information on the 2023 financial year on
27 February 2024.

Contact for investors and analysts
Marc Pointet, CEO
T +41 44 552 97 17
investors@ina-invest.com

Contact for the media
Corporate Communications
T +41 44 552 97 27
communications@ina-invest.com

Ina Invest is an independent Swiss real estate company that develops
sustainable spaces to live, work and relax in, with a focus on hybrid real
estate that ensures long-term flexibility of use and profitability. Ina
Invest, which was created as a spin-off from Implenia, now has one of the
largest and most high-potential development portfolios on the Swiss market.
The properties are situated in high-quality locations and can be used in a
variety of ways. Ina Invest plans to keep on investing and growing while
maintaining an above-average development ratio and at least 50% residential
space in its portfolio. Ina Invest achieves the highest sustainability
standards by taking a holistic approach to sustainability across all parts
of the value chain. In addition, the GRESB Real Estate Development Benchmark
Assessment found that Ina Invest is one of the most sustainable company in
its peer group in Western Europe. Ina Invest has been listed on the SIX
Swiss Exchange since June 2020 (INA, CH0524026959). Further information is
available at ina-invest.com.


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End of Inside Information

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   Language:       English
   Company:        Ina Invest Holding AG
                   Binzmühlestrasse 11
                   8050 Zurich
                   Switzerland
   Phone:          044 552 97 00
   E-mail:         info@ina-invest.com
   Internet:       www.ina-invest.com
   ISIN:           CH0524026959
   Valor:          52402695
   Listed:         SIX Swiss Exchange
   EQS News ID:    1797361

End of Announcement EQS News Service
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1797361 14-Dec-2023 CET/CEST