FINANCIAL STATEMENTS 3Corporate financial statements as of December 31, 2017 Financial information on subsidiaries and investments Shareholders equity other Financial information on subsidiaries than share Guarantees Loans and and investments Share capital & net % of Net income Pre-tax Gross book Net book and sureties advances Dividends In €k capital income interest at year end revenues value value given granted received 1. SUBSIDIARIES OWNED BY MORE THAN 50% Ayam SNC 3 - 90 491 - 8,029 8,029 - 1,957 - Bègles d’Arcins SCS 26,679 18,820 52 9,035 21,204 44,991 44,991 - 45,108 - Bègles Papin SNC 765 6,871 100 707 1,494 7,636 7,636 - 3,483 - Bresta I BV 23 20,885 100 3 - 21,088 20,911 - - - Caetoile SNC 3 60,865 90 6,028 10,347 152,582 152,582 - 5,539 5,614 Capucine BV 39,494 256,421 100 78,462 - 503,979 503,979 - 174,786 - Cécoville SAS 3,286 256,105 100 11,662 37,332 256,588 256,588 - 20,000 7,896 Centre Bourse SNC 3,813 - 100 338 3,963 47,419 32,068 - 20,586 - Centre Deux SNC 3 31,675 90 2,859 7,842 82,913 82,229 - - 2,967 Combault SNC 778 6,984 100 922 1,949 7,762 7,762 - 2,425 - Corio et Cie 503 10,128 100 1,469 - 40,205 40,205 - - 1,469 Corio Belegingen I BV 18 2,325 100 -16 - 2,348 2,327 - - - Corio Italia SRL 62,390 -15,451 100 -15,148 - 986,800 986,800 - 754,176 - Corio Real Estate SL 54,437 -124,665 100 133,252 20,460 262,059 191,299 - 104,282 - Dense SNC 3 19,284 90 1,653 6,348 83,010 83,010 - 14,572 2,176 Financière Corio SAS 3 - 100 -489 - 1,200 - - 40,675 2,697 Foncière de Louvain-la-Neuve SA 12,062 -28,734 100 2,615 - 12,061 12,061 - 49,460 - Galerie du Livre SAS 76 1,986 100 102 166 6,309 6,309 - - 173 Galeria Commerciale Klépierre SRL 1,560 39,301 100 1,164 4,678 41,052 41,052 - 2,800 - Galeries Drancéennes SNC 4 600 100 1,501 3,753 58,341 28,698 - 9,239 - Havre Colbert SNC 80 9,947 100 645 1,464 10,026 10,026 - 3,011 - Holding Gondomar 1 SAS 5,085 24,358 100 2,446 6,117 64,739 64,739 - 5,903 1,642 Holding Gondomar 3 SAS 835 6,432 100 541 - 8,021 8,021 - - 496 KLE 1 SAS 8,248 20,625 100 9,489 171 82,154 82,154 - - 10,016 Klecab SCI 450 1,350 100 107 440 1,800 1,800 - 1,492 - Klé Projet 1 SAS 3,754 25,163 100 -5,070 2,389 37,201 29,785 - 12,681 - Kleber Odysseum SCI 743 77,273 100 4,275 - 78,016 78,016 - 39,910 - Klécar Europe Sud SCS 292,107 -214 83 -2,147 - 242,449 242,449 - - - Klécar foncier Espana 250 57,709 100 4,599 12,228 192,735 192,735 8,760 - - Klécar France SNC 465,820 - 83 44,365 2,555 565,229 565,229 - - - Klécar Participations Italie SAS 20,456 2,058 83 4,122 - 17,587 17,587 - 50,850 1,045 Kléfin Italia SPA 15,450 74,206 100 -7,157 - 125,625 125,625 - 285,549 - Klémurs SCA 139,333 166,404 100 23,274 31,992 327,259 327,259 - - 9,335 Klépierre Alpes SAS 153 46,026 100 8,067 20,444 232,597 232,597 - 78,591 8,480 Klépierre Berlin GmbH 25 143,207 95 2,571 16,126 122,199 116,047 - 200,327 - Klépierre Berlin leasing GbmH 25 -1,144 100 -5,257 1,252 4,447 - - 13,644 - Klépierre Conseil SAS 1,108 5,214 100 330 1,163 7,934 7,934 - 1,276 - Klépierre Créteil SCI 21,073 17,768 100 1,931 5,330 75,624 43,705 - 25,072 - Klépierre Échirolles SNC 3 -641 100 -909 248 6,566 6,566 - 8,374 - Klépierre Grand Littoral SAS 8,427 -3,165 100 -70,829 19,704 130,008 - - 36,882 - Klépierre Finance SAS 38 4 100 -12 187 38 - - - 482 Klépierre Management Ceska Republica SRO 117 185 100 470 3,141 10,500 10,500 - - 604 Klépierre Management Deutschland GmbH 25 -12,212 100 74 9,853 25 - - - - Klépierre Management España SL 472 1,361 100 1,118 11,805 37,862 37,862 582 - - Klépierre Management Hellas SA 24 -7 100 -336 72 1,504 - - - - Klépierre Management Magyarorszag KFT 10 324 100 143 2,193 7,900 7,900 - - 646 Klépierre Management Polska SPZ0O 12 1,143 100 457 3,636 10,900 10,900 - - 264 Klépierre Management Portugal SPA 200 676 100 486 3,013 16,965 10,955 - - - Klépierre Management SNC 1,682 11,131 100 -4,744 99,157 136,473 136,473 1,895 - - Klépierre Massalia SAS 10,864 -199 100 -71 - 13,208 10,829 - 1,364 - 144 KLÉPIERRE 2017 REGISTRATION DOCUMENT