ARGAN: HALF-YEAR ASSESSMENT LIQUIDITY CONTRACT WITH ODDO - H1 2025

Company Overview - ARGAN is the only French real estate company specializing in the development and rental of premium warehouses, listed on EURONEXT, and is the leading player in its market in France [3] - As of December 31, 2024, ARGAN's portfolio consisted of 3.7 million square meters, with approximately 100 warehouses located in continental France, appraised at a total of €3.9 billion, generating an annual rental income of nearly €205 million [3] Financial Performance - The liquidity contract between ARGAN and NATIXIS ODDO BHF shows resources in the liquidity account as of June 30, 2025, with trading volumes executed from January 1, 2025, to June 30, 2025 [2] - The company has demonstrated financial solidity, reflected in its investment-grade rating of BBB- with a stable outlook from Standard & Poor's [4] Sustainability and ESG Initiatives - ARGAN is committed to a robust ESG policy that addresses all stakeholders, with achievements recognized by third-party agencies such as Sustainalytics, Ethifinance, and Ecovadis [4] Upcoming Financial Calendar - Key upcoming dates include the publication of half-year results on July 17, 2025, net sales for the third quarter on October 1, 2025, and annual results on January 22, 2026 [7]