2017 FULL-YEAR EARNINGS — FEBRUARY 8, 2018 2017: MULTIPLE DRIVERS TO GENERATE 7.4% INCREASE IN CASH FLOW PER SHARE Net Rental Operating Net Current Cash Income € Cash Flow € Flow per share +2.1% +2.8% +7.4% • Net rental income • Savings in G&A • Further decrease boosted by strong (-€6m) of the cost of debt like-for-like growth • Reflects Corio synergies (1.8%) (+3.3%) and constant focus on • Accretive impact • More than offsetting streamlining costs of the share buyback the impact of the reduced impact 45

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