HAMMERSON PLC

Hammerson issues £100m bond tap of existing £200m bonds maturing 2028

Hammerson plc(Incorporated in England and Wales)(Company number 360632)LSE and Euronext Dublin share code: HMSOJSE share code: HMNISIN: GB00BK7YQK64(“Hammerson” or “the Company”)

Hammerson issues £100m bond tap of existing £200m bonds maturing 2028

Hammerson announces that further to direct demand for Hammerson bonds, it has priced a £100mincrease (or “tap”) of its existing £200m 7.25% coupon bonds maturing in 2028, resulting in anoutstanding notional of £300m1. The new bonds will have the same terms and conditions as theexisting bonds. The new bonds will be placed with an existing large institutional investor.

Hammerson will use the proceeds for general corporate purposes including a tender offer for its£350m 3.5% bonds maturing in 2025 and £300m 6.0% bonds maturing in 2026 that has beenannounced earlier today.

The prospectus for the new bonds, when published, will be available on Hammerson’s website(www.hammerson.com/investors/shareholder-information/debt-investors) and a copy will besubmitted to the National Storage Mechanism and available to the public for inspection athttps://data.fca.org.uk/#/nsm/nationalstoragemechanismon.

Notes:

1. Subject to the signing of the subscription agreement

IMPORTANT DISCLAIMER: This announcement does not constitute an offer of anysecurities for sale (including, without limitation, the new bonds). The offer and sale of thenew bonds may be restricted by law in certain jurisdictions. This announcement is not forrelease, publication or distribution in whole or in part, in, into or from any jurisdiction whereto do so would constitute a violation of the relevant laws of such jurisdiction.

The new bonds are not being, and will not be, offered or sold in the United States of America(including its territories and possessions, any state of the United States of America and theDistrict of Columbia) (the “United States”). Nothing in this document constitutes an offer tosell or the solicitation of an offer to buy the new bonds in the United States or any otherjurisdiction. Securities may not be offered, sold or delivered in the United States absentregistration under, or an exemption from the registration requirements of, the SecuritiesAct. The new bonds have not been, and will not be, registered under the Securities Act orthe securities laws of any state or other jurisdiction of the United States and may not beoffered, sold or delivered, directly or indirectly, within the United States or to, or for theaccount or benefit of, U.S. persons.

Compliance information for the new bonds: No EU PRIIPs KID – eligible counterparties andprofessional clients only (all distribution channels). No sales to EEA retail investors; no keyinformation document in respect of the EEA has been or will be prepared. UK MiFIRprofessionals/ECPs only/No UK PRIIPs KID – eligible counterparties and professionalclients only (all distribution channels). No sales to UK retail investors; no key informationdocument in respect of the UK has been or will be prepared.

No action has been taken or will be taken in any jurisdiction in relation to the new bonds topermit a public offering of securities.

ENDS

Enquiries

Richard Sharp, Director of Treasury, Tax and InsuranceTel: + 44 (0) 207 887 1119 E:[email protected]

Hammerson Investor ContactsJosh Warren, Director of Strategy, Commercial Finance and Investor RelationsT: +44 (0) 20 7887 1053 E: [email protected]

Hammerson Media ContactsNatalie Gunson, Group Communications Director, HammersonT: +44 (0) 20 7887 4672 E: [email protected]

MHP for HammersonOllie Hoare and Charles HirstT: +44 (0)20 3128 8100 E: [email protected]

Notes to editors

Hammerson has ratings of BBB (issuer default rating) from Fitch Ratings Limited (“Fitch”) andBaa3 (long term debt) from Moody’s Investors Services Limited (“Moody’s”). The new bonds areexpected to be assigned a BBB+ rating by Fitch and a Baa3 rating by Moody’s. Morgan Stanleyare acting as Sole Lead Manager on the issuance of the new bonds. Lloyds Bank CorporateMarkets and Mizuho are acting as dealer managers on the tender offer referred to herein.

About Hammerson

Hammerson is a cities business. An owner, operator and developer of prime urban real estate,with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities inthe UK, Ireland and France.

Our portfolio and adjacent lands leverage our experience and capabilities to create and manageexceptional city centre destinations with the opportunity to drive value and reshape entireneighbourhoods.

Our assets are high profile and play an important role in our communities, welcoming more than215 million visitors each year and supporting 20,000+ jobs though our retail, dining and socialoccupiers.

These destinations include Bullring in Birmingham, The Oracle in Reading, Dundrum Estate,Dublin and Terraces du Port in Marseille. We also hold investments in Value Retail, best-in-classvillages such as Bicester Village, Oxfordshire.

Hammerson also holds 100 acres of attractive pre-development and strategic land. This includescomplementary adjacent land, creating optionality to enhance both the scale and diversity of theexisting estate, and stand-alone land opportunities. These include Martineau Galleries inBirmingham and Bishopsgate Goodsyard, Shoreditch.

www.hammerson.com

Hammerson has its primary listing on the London Stock Exchange and secondary inwardlistings on the Johannesburg Stock Exchange and Euronext Dublin.

Sponsor: Investec Bank Limited

Date: 31-08-2023 01:30:00Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.