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Integrated
Annual Report
2023/24

Highlights
Guiomar (Bormujos)
For the first time, AEDAS Homes has surpassed one billion in revenue and has achieved its business plan goals six years in a row SANTIAGOFERNÁNDEZVALBUENA CHAIRMAN’SSTATEMENT
For the first time, AEDAS Homes has surpassed one billion in revenue and has achieved its business plan goals six years in a row CHAIRMAN’SSTATEMENT
We have shown that we are a predictable and reliable company, thanks to a business model that produces sustained and sustainable growth DAVIDMARTÍNEZ CHIEF EXECUTIVEOFFICER’S STATEMENT PLAYVIDEO
We have shown that we are a predictable and reliable company, thanks to a business model that produces sustained and sustainable growth CHIEF EXECUTIVEOFFICER’S STATEMENT PLAYVIDEO

Milestones

Milestones

2023

 APRIL

Record number of deliveries for a financial year: 3,544 homes.

 APRIL MAY

Prize for Best Progress around ESG for our ESG Strategic Plan at the 20th ASPRIMA-SIMA 2023 Awards.

 MAY JUNE

6th annual AEDAS Homes Architects Gathering, focused on “Driving innovation and transformation”.

 JUNE JULY

Approval of a dividend of €2.15 per share: a payout of nearly 90% of FY 2022/23 net profit.

Agreement with Azora to develop two BTR developments (327 units) in Madrid and Alicante.

 JULY OCTOBER

Artificial intelligence, the central theme of the 2nd annual AEDAS Homes Technology Gathering.

Share capital reduced by 6% by cancelling €60m worth of shares.

 OCTOBER NOVEMBER

Unveiling of the first Passivhaus BTR development in Spain.

 NOVEMBER DECEMBER

Broke the barrier of 10,000 homes delivered.

 DECEMBER JANUARY

First sponsor of the Sustainable Architecture Observatory (OAS) to foster healthy architecture and neuroarchitecture.

 JANUARY

2024

 FEBRUARY

Agreement with King Street to jointly invest €270m in residential developments for sale in Spain.

 FEBRUARY MARCH

Board of Directors approves of the ESG Strategic Plan 2024-2026.

Offer launched for the repurchase of up to €50m of the company’s green bonds.

 MARCH

Shareholders

Key support
for our business

We focus on strategies and initiatives that will create long-term value.

€147m Distribution of a total cash dividend
during FY 2023/24
€60m of own shares cancelled, boosting
shareholder remuneration
33% share price gain
FY 2021/22 FY 2022/23 10.8% 9.5% FY 2020/21 8.6% Returnon Equity FY 2023/24 11.7%
FY 2021/22 FY 2022/23 10.8% 9.5% FY 2020/21 8.6% Return on Equity FY 2023/24 11.7%
Middel Views III (Fuengirola)

Customers

Innovating for
their satisfaction

We define ourselves as being customer-centric, with a focus on providing quality homes and a unique home purchasing journey.

9
29% reduction in response times for
customer consultations
New Point-of-Sale Manual
(*) Data for the calendar year (January-December 2023) Investment Secondhome Primaryresidence International Spain Origin* Purpose* 15% 58% 27% 37% 63%
(*) Data for the calendar year (January-December 2023) Investment Secondhome Primaryresidence International Spain Origin* Purpose* 15% 58% 27% 37% 63%
Zenity Cyan (Estepona)

Professionals

The talent driving
our growth

We are a benchmark in the real estate sector thanks to our top-performing team of 300+ professionals, to whom we provide a pleasant, safe and stimulating environment.

3 8
Great Place to Work Certified three years in a row
“We Are Talent” Employee motivation and
retention programme launched
78 events to foster the employment of young talent
Number of employees Andalusia & Canary IslandsBranch Costa del SolBranch NorthBranch East & MallorcaBranch Catalonia & AragonBranch CentreBranch Headquarters Real Estate Services AEDAS Homes LIVING Team Footprint BA GI AL VA CA VA MD SE MA CO GR AL MU PO CO TA NA IB GC TE VZ CA ZA 13 31 27 35 27 36 120 TOTAL: 311 16 6
Number of employees Andalusia & Canary IslandsBranch Costa del SolBranch NorthBranch East & MallorcaBranch Catalonia & AragonBranch CentreBranch Headquarters Real Estate Services AEDAS Homes LIVING BA GI AL VA CA VA MD SE MA CO GR AL MU PO CO TA NA IB GC TE VZ CA ZA Team Footprint TOTAL: 311 13 31 27 35 27 36 120 16 6
Bayeu (Zaragoza)

Suppliers

Collaborating
for everyone’s benefit

Our real estate offer is based on close collaboration with our suppliers, who play a fundamental role in the design, construction, marketing, security and sustainability of our developments.

3 17
350 suppliers seamlessly
using Promociona
White Book New Manuals added to our White Book:
Mass Timber Structures and Offsite Structures
6th annual Architects Gathering
Constructioncompanies Salescompanies Health & SafetyCoordinators Architecture firms Sustainability consultants Construction execution oversight teams (DEOs) Breakdownof criticalsuppliersin FY 2023/24 19% 17% 8% 26% 2% 29%
Health & SafetyCoordinators Constructioncompanies Salescompanies Architecture firms Sustainability consultants Construction execution oversight teams (DEOs) Breakdown of criticalsuppliers in FY 2023/24 19% 17% 8% 26% 2% 29%
Libella (Estepona)

Society

We contribute to the sector’s
development and give back to the community

Beyond the wealth generated by our activity, we leave a positive mark on society through our participation in different social action initiatives and in different forums that promote sustainable construction.

10 11 17
7,565 Indirect jobs created
3,600
affordable homes under
construction for Plan Vive
30 projects: solidarity actions + sports
and culture sponsorships
#ConLasArtes
by AEDAS Homes Launch of art competitions in 5 cities
Other suppliers Constructionservice providers Revenue fromhomes delivered Revenue fromland sales Revenue forServices line Publicadministrations Social securitycontributions Shareholdersand financialinstitutions Employees Land sellers Value generatedand distributed €950m €535m €25m €106m €27m €6m €207m €136m €186m €9m €1,145m Totaleconomicvaluegenerated €1,042m Totaleconomicvaluedistributed
Revenue fromhomes delivered Revenue fromland sales Revenue forServices line Other suppliers Constructionservice providers Publicadministrations Social securitycontributions Shareholdersand financialinstitutions Employees Land sellers Value generatedand distributed €535m €25m €106m €27m €6m €207m €136m Totaleconomicvaluegenerated Totaleconomicvaluedistributed €950m €186m €9m €1,145m €1,042m
Mara Views (Alicante)