2017 FULL-YEAR EARNINGS — FEBRUARY 8, 2018 GROWING CITIES Forecasts for demographic growth in Klépierre’s catchment areas by 20251: 5.7% 330 bps above 2 the European average 1 10-year demographic growth between 2015 and 2025 in the catchment areas of Klépierre’s shopping centers weighted by their asset value as of December 31, 2017 (Source: Eurostat, Klépierre’s calculations). 2 In countries where Klépierre is positioned in Europe, including Turkey (Source: Eurostat). 14