SUSTAINABLE DEVELOPMENT Methodology, Concordance table and data verification 4 Methodological note for environmental and societal indicators The environmental and societal management system takes into > Best Practices Recommendations on Sustainability Reporting account the recommendations made in the three leading frameworks published by the European Public Real Estate Association (EPRA); in Klépierre's industry at the international, European, and national > French Council of Shopping Centers (CNCC) – Industry CSR levels, namely: reporting guide. > Global Reporting Initiative Construction and Real Estate Sector Supplement (GRI 4 and GRI CRESS); 3 DETAIL ON UNITS OF MEASUREMENT FOR THE MAIN ENVIRONMENTAL INDICATORS Energy Climate change Water Waste COMMON AREAS AND SHARED EQUIPMENT Absolute value MWh of final energy tCO e 2 Common areas and heating and air conditioning shared equipment Intensity by area kWh/sq.m kgCO e/sq.m 2 sq.m common areas + sq.m rentable floor area served by heating and air conditioning shared equipment Intensity of use kWh/visit kgCO e/visit 2 Number of visits from the automatic counter systems at the doors WHOLE BUILDING Absolute value MWh of final energy tCO e m3 metric tons 2 Common areas and shared equipment + tenant areas 3 Intensity by area kWh/sq.m kgCO e/sq.m m/sq.m 2 sq.m common areas + sq.m occupied rentable floor area Intensity of use kWh/visit kgCO e/visit l/visit 2 Number of visits from the automatic counter systems at the doors Definition of scopes the property if the following conditions are met: a single third party managed the asset for the entire reporting period, the reporting Scopes manual has been deployed, controls and checks of the reported data The new CSR strategy plan of the Group launched in 2017 (Act For have been conducted with the same level of rigor as for the assets Good®) refocused its actions and its reporting on assets managed managed by the Group. If a shopping center has been acquired by by the Group. the Group and is managed by it, it is included in the scope from the first full year. Real estate development projects are not included in Those are in fact the shopping centers in which Klépierre has full the reporting during development and/or construction, until they are control over the impact and over the steps taken. completed and only from the first full year. Accordingly, in this document the Group has moved away from Within this scope, the technical details may vary slightly. Depending its traditional reporting on the “asset portfolio” and “managed on the situation, Klépierre may have full management of the electricity, portfolio” scopes and instead has only reported on the “managed but be charged by a third party (hypermarket, etc.) for its fuel usage. portfolio” scope. Moreover, the latter has been expanded, and all the The collection of waste may also be done by a third party such as shopping centers managed by Klépierre have been included in the a local authority on the basis of a subscription, etc. Situations can environmental and societal reporting tool that was deployed in 2017. vary greatly, and may therefore prevent the collection of reliable quantitative data. These methodological choices are guided by the “Managed Portfolio” scope will to communicate on reliable data. Centers for which Klépierre does not have exhaustive data on energy, waste or water are excluded from This scope, a subset of the previous one, is specific to the shopping the reporting. This explains the difference in coverage rate between center industry for operational reasons. indicators. It covers the centers that the Group managed over the entire reporting The “Managed Portfolio” scope accounted for 98% of the “Assets period. This scope extends to assets for which a third party managed Portfolio” scope at December 31, 2017. KLÉPIERRE 2017 REGISTRATION DOCUMENT 207