2017 FULL-YEAR EARNINGS — FEBRUARY 8, 2018 DISPOSAL PROCEEDS REINVESTED IN ACQUISITIONS & SHARE BUYBACK 3 €568m1 €286m Disposals Acquisitions since early 2017 €382m Premium on latest 2 book value Invested in share buyback 15% 4 since March 2017 1 Completed or under promissory agreements; disposals (Total-Share, excluding transfer taxes) since January 1, 2017. 2 On assets disposed (excluding promissory agreements). 3 Excluding transfer taxes. 4 Of which €350 million in 2017 and €32 million since the beginning of 2018 (till February 2, 2018). 48