SHARE CAPITAL, SHAREHOLDING, GENERAL MEETING OF SHAREHOLDERS 6Share capital and shareholding Number of stock purchase options allocated 2010 Plan for each plan in force On June 21, 2010, the Executive Board adopted a plan to offer 493,000 stock purchase options to 170 beneficiaries, some of whom 2009 Plan were subject (see above) to performance conditions (2010 Plan). On April 6, 2009, the Executive Board adopted a plan to offer 2011 Plan 481,000 stock purchase options to 162 beneficiaries, some of whom were subject (see above) to performance conditions (2009 Plan). On May 27, 2011, the Executive Board adopted a plan to offer 606,000 stock purchase options to 211 beneficiaries, some of whom were subject (see above) to performance conditions (2011 Plan). 3 TABLE 8 – AMF/AFEP-MEDEF CODE RECOMMENDATIONS – HISTORICAL DATA OF STOCK SUBSCRIPTION OR PURCHASE OPTIONS GRANTED – INFORMATION ON STOCK PURCHASE OPTIONS 2009 Plan 2010 Plan 2011 Plan Without With Without With Without With performance performance performance performance performance performance conditions conditions conditions conditions conditions conditions Executive Board meeting date April 6, 2009 April 6, 2009 June 21, 2010 June 21, 2010 May 27, 2011 May 27, 2011 Total number of shares that may be subscribed or 377,750 103,250 403,000 90,000 492,000 114,000 purchased o/w shares that may be subscribed or purchased by – 65,000 – 65,000 – 78,000 corporate officers Jean-Marc Jestin – – – – – – Jean-Michel Gault – 30,000 – 30,000 – 36,000 Start date for exercising options April 6, 2013 April 6, 2013 June 21, 2014 June 21, 2014 May 27, 2015 May 27, 2015 Expiration date April 5, 2017 April 5, 2017 June 20, 2018 June 20, 2018 May 26, 2019 May 26, 2019 (a) €22.60 Between €22.31 Between €27.94 Between Subscription or purchase price €22.60 and €22.31 and €27.94 and (b) (b) (b) €27.12 €26.77 €30.73 Exercise conditions (for plans that contain more See above See above See above See above See above See above (c) than one tranche) Number of shares subscribed at December 31, 2017 324,250 92,938 292,375 58,300 195,924 28,500 Total number of stock subscription or purchase 53,500 10,312 69,000 0 124,500 6,000 options canceled or lapsed Stock subscription or purchase options outstanding 0 0 41,625 31,700 171,576 79,500 at the fiscal year-end (a) The purchase price corresponds to the round off average of the first prices rated at the 20 trading days preceding the date of allotment. (b) The purchase price varies depending on the performance of the Klépierre share versus the EPRA Eurozone Index. At each measure, if the performance of the Klépierre share is 20 points lower or more than that of the index, the corresponding options will automatically lapse and it will no longer be possible to exercise them. (c) The lock-up period for the options granted was set at four years with effect from the date of allotment and their life at eight years. 3 TABLE 8 BIS – AMF/AFEP-MEDEF CODE RECOMMENDATIONS – OPTIONS TO SUBSCRIBE OR PURCHASE SHARES GRANTED TO THE TOP 10 EMPLOYEES NOT HOLDING CORPORATE OFFICE/OPTIONS VESTED DURING THE YEAR BY THE TOP 10 EMPLOYEES NOT HOLDING CORPORATE OFFICE WHOSE NUMBER OF SHARES BOUGHT IS THE HIGHEST Total number of shares Average granted/Total number of weighted shares bought price 2009 Plan 2010 Plan 2011 Plan Options granted during the fiscal year to the 10 employees who received the highest number of shares in this manner – – – – – Options exercised during the fiscal year by the 10 employees who purchased the highest number of shares in this manner 56,125 25.1 9,000 24,000 23,125 272 KLÉPIERRE 2017 REGISTRATION DOCUMENT