2017 FULL-YEAR EARNINGS — FEBRUARY 8, 2018 VAL D’EUROPE Since April 2017 extension opening: +€127m 12-month valuation uplift1 +6% Footfall (to 18m in 2017) +24% Retailer sales 1 Like-for-like, excluding capex (December 2017 vs December 2016). 17

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