GROUP OVERVIEW 1 Property portfolio as of December 31, 2017 Gross EPRA Klépierre Renovation/ Acquired by leasable Rentable vacancy equity Region City, center Creation extension Klépierre Composition area floor area rate interest Assago (Milan), 1988 E 2004/2005 2005 Carrefour, Zara, 49,901 24,757 1.4% 100.0% Milanofiori R 2017/2018 95 units Bergamo, Brembate 1977 R 2002 2002 IPER, 23 units 13,003 2,190 0.0% 100.0% Bergamo, Seriate, 1990 R/E 2001 2002 IPER, 55 units 32,375 10,861 0.0% 100.0% Alle Valli & 2008 Como, Grandate 1999 2002 IPER, 16 units 11,037 2,239 0.0% 100.0% Cremona IPER, H&M, (Gadesco), 1985 2002 63 units 31,647 6,145 0.0% 100.0% Cremona Due Lonato, 2007 2008 IPER, H&M, 47,753 30,225 0.0% 50.0% Il Leone di Lonato Zara, 129 units Milan, Globo I-II-III 1993, E 2006 2015 IPER, H&M, 58,491 30,472 2.7% 100.0% 2001, 2004 Zara, 140 units Novate Milanese, 1999 R 2011/ 1999 Ipercoop, 30,619 16,619 0.9% 95.0% Metropoli 2012 87 units Lombardy Pavia, Montebello IPER, H&M, della Battaglia, 1974 E 2005 2002 Zara, 61 units 65,250 43,677 0.0% 100.0% Montebello + retail park 13 units Roncadelle Auchan, (Brescia), 1996 R 2016 1998 75 units 36,787 13,561 7.2% 95.0% Le Rondinelle Settimo Milanese, 1995 E 2003 1999 Coop, 27 units 9,725 9,725 3.9% 95.0% Settimo Solbiate Olona, 2002 R 2006 2005 IPER, 28 units 17,412 4,351 0.0% 100.0% Le Betulle Varese, 1988 E 2006/ E 2012 2002 IPER, H&M, 26,567 10,029 0.0% 100.0% Belforte 41 units Vignate (Milan), 2002 2003 Ipercoop, 40,762 20,054 1.4% 95.0% Acquario center 58 units Vittuone, 2009 2009 IPER, H&M, 31,274 16,142 0.0% 50.0% Il Destriero 66 units Senigallia, 1999 R 2011 2015 Ipercoop, 19,788 7,388 0.0% 100.0% Marche Il Maestrale 39 units Pesaro, 2000 R 2008 2002 IPER, 36 units 19,814 8,601 1.0% 100.0% Rossini Center Collegno (Turin), 2003 2003 Carrefour, 19,951 6,360 4.1% 100.0% La Certosa 39 units Moncalieri (Turin) 1998 R/E 2000 2002 Carrefour, 12,756 5,816 3.3% 83.0% R 2009 27 units Piedmont Serravalle Scrivia, 2003 2004 IPER, 33 units 23,908 7,972 4.6% 100.0% Serravalle Turin, 1994 R 2013 2015 Carrefour, Zara, 78,500 49,177 0.4% 100.0% Shopville Le Gru 222 units Lecce, 2001 2005 Conad, 27 units 18,821 5,805 0.1% 100.0% Cavallino Cagliari, Carrefour, Sardinia Le Vele & 1998 R 2013 2015 83 units 44,194 32,194 1.6% 100.0% Millennium Venise, 2014 2015 Coop, Zara, 38,529 38,529 0.0% 100.0% Veneto Nave de Vero 139 units Vérone, 2006 2008 IPER, H&M, 31,258 16,391 0.7% 50.0% Le Corti Venete Zara, 76 units TOTAL ITALY 1,380,811 765,543 1.2% 16 KLÉPIERRE 2017 REGISTRATION DOCUMENT