SUSTAINABLE DEVELOPMENT 4Act for the Planet 4.2 Act for the Planet 4.2.1 Energy performance Energy efficiency remains a priority for the Group. It is a major The Group consumed approximately 492 GWh in 2017 on a current indicator of the strength of the Group’s operational management basis. The Group’s energy bill was around 45 million euros. Close to and plays a major part in controlling costs both for the Group and two thirds of this energy is used in three regions: France-Belgium, for the retailers operating in its centers. The reasons that motivate Italy and Scandinavia. Klépierre to improve in this area are therefore both environmental and economic. By optimizing its consumption, both in terms of volume and sources of energy, Klépierre limits its environmental footprint and its exposure to energy price volatility. 3 ENERGY CONSUMPTION IN MWH AND ENERGY EFFICIENCY IN KWH/SQ.M AND KWH/VISIT 2017 current basis (98% coverage): 138 shopping centers and 5,027,646 sq.m EPRA: Elec-Abs – DH&C-Abs – Fuels-Abs – Energy-Int Central France- Europe The Group Belgium Italy Scandinavia Iberia & Turkey Netherlands(a) Germany Group coverage rate MWh 2015 109,675 103,902 87,514 53,832 84,625 16,815 27,144 483,508 98% 2016 95,526 101,516 88,716 46,261 77,587 15,574 25,358 450,538 97% 2017 123,616 118,791 81,537 44,432 87,465 11,981 24,423 492,245 98% kWh/sq.m 2015 121 147 105 150 122 107 99 123 98% 2016 109 144 108 147 115 101 92 118 97% 2017 106 150 121 126 125 125 88 121 98% (a) Because of the major work underway in 2017, Hoog Catharijne was excluded from the reporting (the values, which are overly impacted, add noise to the country’s annual trends). Usage down 17% since 2013 on a like-for-like basis Energy use on a like-for-like basis was down from 431 to 359 GWh common areas by 40% compared with the 2013 baseline year. The between 2013 and 2017. This drop is found in all the Group’s regions, 17% reduction over the past four years, which represents a cumulated thereby illustrating the significant efforts of the last four years total of 72 GWh over that period, reaffirms the Group’s approach and to improve the energy efficiency of assets. The goal for 2022 with encourages it to continue its efforts. the Act for Good® strategy is to reduce energy consumption in the 3 ENERGY CONSUMPTION IN MWH AND ENERGY EFFICIENCY IN KWH/SQ.M 2017/13 like-for-like basis (75% coverage): 105 shopping centers and 3,702,432 sq.m EPRA: Elec-LfL – DH&C-LfL – Fuels-LfL – Energy-Int. Central France- Europe The Group Belgium Italy Scandinavia Iberia & Turkey Netherlands(a) Germany Group coverage rate MWh 2013 103,653 95,625 72,585 32,467 88,601 12,040 25,685 430,657 2014 89,932 87,792 65,508 30,829 78,298 10,437 24,542 387,338 2015 87,674 86,657 60,930 30,192 77,919 9,016 24,444 376,830 2016 77,850 85,129 62,309 29,981 74,366 9,106 22,677 361,416 2017 79,084 86,566 60,992 27,882 72,339 10,162 21,612 358,636 2017/16 2% 2% -2% -7% -3% 12% -5% -1% 2017/13 -24% -9% -16% -14% -18% -16% -16% -17% 75% kWh/sq.m 2013 137 159 120 146 137 125 101 135 2014 119 147 109 138 121 108 96 122 2015 116 146 100 135 121 94 96 119 2016 106 143 102 135 115 95 89 115 2017 108 146 100 122 112 106 84 113 2017/16 1% 2% -1% -10% -3% 12% -6% -1% 2017/13 -21% -9% -16% -16% -18% -16% -17% -16% (a) Because of the major work underway in 2017, Hoog Catharijne was excluded from the reporting (the values, which are overly impacted, add noise to the country’s annual trends). 176 KLÉPIERRE 2017 REGISTRATION DOCUMENT