2017 FULL-YEAR EARNINGS — FEBRUARY 8, 2018 … THANKS TO KLÉPIERRE’SCLEAR STRATEGY A pan-European platform Operational excellence perfectly tailored for 1 in all aspects of mall retailers 2 management 3 A disciplined financialpolicy 9

2017 FULL-YEAR EARNINGS — FEBRUARY 8, 2018 … THANKS TO KLÉPIERRE’SCLEAR STRATEGY A pan-European platform Operational excellence perfectly tailored for 1 in all aspects of mall retailers 2 management 3 A disciplined financialpolicy 9