The document outlines Technopolis' strategy for 2017-2020, which focuses on shareholder value creation through enhancing their service concept, accelerating organic campus expansion, pursuing acquisitions, expanding their service business, and significantly growing their UMA co-working network. Key financial targets include achieving over 8% annual ROE, maintaining an equity ratio above 35%, earning 8-10% annual EPS growth, and over 5% annual NAV per share growth. The board also outlined a new dividend policy paying out 40-60% of annual EPRA earnings.

1. Keith Silverang, CEO
June 7, 2017
Strategy Review
2017–2020

2. 7 June, 2017 2
The Primary Focus of the Revised Strategy Is
ShareholderValue Creation
Enhancement of theTechnopolis service concept
Accelerated organic expansion of current campuses
Exploiting value-creating acquisition opportunities in the Nordic-
Baltic region
Expansion & increasing profitability of our service business
Significant expansion of the UMA co-working network
Execution of the strategy and investments without new equity
issues

3. 7 June, 2017 3
Enhancement of theTechnopolis Concept
Customer
Experience
Management
Effective
Concept
Deployment
Flexible
Workspace
Solutions
Deeply
embedded in
local markets
Brand and
reputation
Scalable
operating
model
= Differentiating
capability
= Supporting
capability
TechnopolisCore Competences
• High occupancy
• Premium customer
value and rental
rates
• High customer
satisfaction

4. 7 June, 2017 4
We expect to spend
EUR 200‒250 million on
development by 2020,
including 10–15 new projects
Accelerated Organic Expansion of
Current Campuses
= On-going expansion
= Expansion in pipeline
(option)
OSLO
GOTHENBURG
VILNIUS
OULU
KUOPIO
TAMPERE
HELSINKI
ESPOO VANTAA
TALLINN

5. 7 June, 2017 5
Target
>35%
38,5
39,3
41,5
38,0
42,8
30
35
40
45
2014 2015 2016 Q1/2016 Q1/2017
Value-Creating Acquisition Opportunities in the
Nordic-Baltic Region
We expect to spend EUR 100-200 million on acquisitions by 2020, but only if
a compelling value creation opportunity presents itself
New investment criteria framework set up for evaluating acquisition
opportunities in different markets.
* Share issue
Equity Ratio, %
*

6. 7 June, 2017 6
Expansion & Increasing Profitability of the
Service Business
Target is to:
Increase services like-for-like share of net sales above 20% on all
campuses
Increase EBITDA-margin of services to 20%+ in 2020
16,9 20,3 22,4
5,2 6,0
10,4%
11,9%
13,0%
12,6%
13,5%
0%
2%
4%
6%
8%
10%
12%
14%
16%
0
50
100
150
200
2014 2015 2016 Q1/16 Q1/17
Rental income Service income Service penetration
EURmillion
Total Income (MEUR) and Service Penetration (%)

7. 7 June, 2017 7
Significant Expansion of the UMA Concept
EUR 30 million capex allocated over the next five years
Expansion in both currentTechnopolis cities and new ones
A dedicated team will be created for this activity

8. 7 June, 2017 8
New Strategic FinancialTargets Set
ROE > 8% p.a.
(EPRA basis)
Equity Ratio >35%
EPS Growth of 8-10% p.a.
(EPRA earnings basis)
NAV per Share Growth >5% p.a.
(EPRA basis)

9. 7 June, 2017 9
The Board’s Perspective
New dividend policy:
Execution of the strategy and investments without new equity issues
Management incentive schemes – both long-term and short-term – will be
updated during the second half of 2017 to reflect the value creation targets
Technopolis aims to pay out an increasing annual dividend of
40-60% of the EPRA-based direct result (EPRA earnings).

10. Technopolis
- AWorld-Class Workspace Provider
Service
Integrity
Drive