2017 FULL-YEAR EARNINGS — FEBRUARY 8, 2018 CONTINUED STRONG LEASING MOMENTUM… 1 2 3 Number of leases Renegotiated Minimum Guaranteed Rents Additional Minimum Guaranteed Rents (in €m) (in €m) +8% 1,864 +7% 127 +20% 35 1,727 118 29 2016 2017 2016 2017 2016 2017 1 In 2017, Klépierre discontinued the separate counting of storage unit leases in Scandinavia for harmonization purposes; 2016 figures have been restated accordingly. 2 On renewals and re-lets. 3 Including renewal, re-let and leasing transactions (on a unit vacant for more than 12 months) as well as initial leasing transaction; excluding extension & greenfield projects. 28