SUSTAINABLE DEVELOPMENT Strategy and organization 4 Industry initiatives and charters supported Charter for energy efficiency of tertiary buildings by Klépierre Launched at the end of 2013, it provides players in the real estate The Group’s environmental, societal and social commitments are sector with a framework for improving energy efficiency in their expressed via various associations and initiatives. property portfolios and for anticipating future regulatory obligations related to tertiary buildings’ energy performance. The Group has been Klépierre is an active member of the following national and a signatory of this Charter since November 2013 and signed up again international trade associations. The Group considers them in 2017 upon publication of the new version of the charter. strategic for its business; in several of them, it holds a position on the governance body and/or sits on their key committees, including Diversity Charter those dealing with sustainable development issues. A corporate Initiative launched in late 2004, this Charter expresses International Council of Shopping Centers (ICSC) the desire of companies to take steps to better reflect, in their workforces, the diversity of the French people and to also express The International Council of Shopping Centers has more than their commitment to non-discrimination, equal opportunity and 60,000 members in over 90 countries, fostering the promotion and improvement of their performance. The Group signed it on July 31, the development of shopping centers. 2010. European Public Real Estate Association (EPRA) Charter for Parenthood An organization that includes more than 200 real estate companies Enacted by the French Monitoring Agency for Parenthood in the that are listed in Europe, EPRA publishes recommendations Workplace (OPE), this Charter promotes better work-life balance and intended to ensure that the financial and non-financial disclosures has three objectives: move forward parenthood representations, create of publicly traded real estate companies are more detailed and more a favorable environment for working parents and respect the principle standardized. of non-discrimination in career development for such employees. The Group has been a signatory since April 29, 2009. French Council of Shopping Centers (CNCC) French trade organization uniting all players involved in the promotion The Palladio Foundation and development of shopping centers. Klépierre is involved among Klépierre is a founding member of the Palladio Foundation. other things in the Sustainable Development Commission, tasked with the oversight, sharing of best practice and the coordination of The Palladio Foundation was created in 2008, under the aegis of industry players. Fondation de France, to tackle the major issue of the 21st century, namely, how to build cities and living areas. It is a unique organization French Real Estate Association (FSIF) that energizes and brings together all sectors involved in addressing urban and real estate problems: public authorities, voluntary sector, The mission of the FSIF is to examine, promote and represent the researchers and the media. With a view to making cities as human, shared business interests of French real estate companies. livable and value-additive as possible, it works directly with those Moreover, Klépierre endorses other significant environmental, contributing at present or in the future to developing cities, by creating societal and social charters and initiatives. These commitments the necessary support tools for taking stock (Palladio Institute), reflect the priorities the Group has set for itself in terms of corporate preparing the transition (Avenir Palladio Center) and forecasting responsibility. (Palladio Research Center). By means of exchanges between managers and experts, students and trades, doctoral students and operational teams, each action the Foundation takes helps foster a Global Real Estate Sustainability Benchmark (GRESB) process of re-examination, open-mindedness and mutual enrichment. GRESB’s primary purpose is to assess the environmental and social Association pour le développement du Bâtiment performance of companies specializing in the real estate sector. Klépierre has participated in this benchmark since its beginning and Bas Carbone (BBCA) is also a member. The goal of the Association pour le développement du Bâtiment Bas United Nations Global Compact Carbone (BBCA) is to raise awareness of the urgency of reducing the carbon footprint of buildings and of promoting approaches that A signatory to the United Nations Global Compact since 2012, each help develop low carbon buildings. It is in particular working on BBCA year Klépierre reiterates its backing for this voluntary international certification, which went live in 2016. CSR initiative, and its commitment to the improvement process on the 10 universal principles promoted by the Global Compact (in terms of human rights, labor standards, the environment and the fight against corruption). In 2017, the Group reached the “advanced” level in this improvement process, thus affirming the maturity of its commitment and accomplishments. KLÉPIERRE 2017 REGISTRATION DOCUMENT 171

Registration Document 2017 Page 172 Page 174