FINANCIAL STATEMENTS Consolidated financial statements as of December 31, 2017 3 Plan No. 3 Plan authorized in 2014 France Foreign countries Date of the General Meeting of Shareholders 04/12/2012 04/12/2012 Date of the Executive Board meeting 03/10/2014 03/10/2014 End of acquisition period 03/10/2017 03/10/2018 End of conservation period 03/10/2019 - Shares originally granted 208,000 47,500 Reduction of shares with performance in 2017 196,065 34,268 Shares canceled at December 31, 2017 2,000 11,500 Shares definitively acquired in 2017 9,935 0 Outstanding shares at December 31, 2017 0 1,732 Plan No. 4 Plan authorized in 2015 France Foreign countries Date of the General Meeting of Shareholders 04/14/2015 04/14/2015 Date of the Executive Board meeting 05/04/2015 05/04/2015 End of acquisition period 05/04/2018 05/04/2019 End of conservation period 05/04/2021 - Shares originally granted 235,059 54,900 Additional shares granted 0 0 Shares canceled at December 31, 2017 12,000 11,500 Outstanding shares at December 31, 2017 223,059 43,400 Plan No. 5 Plan authorized in 2016 France Foreign countries Date of the General Meeting of Shareholders 04/19/2016 04/19/2016 Date of the Executive Board meeting 05/02/2016 05/02/2016 End of acquisition period 05/02/2019 05/02/2020 End of conservation period 05/02/2021 - Shares originally granted 240,500 84,000 Additional shares granted 0 0 Shares canceled at December 31, 2017 12,000 9,500 Outstanding shares at December 31, 2017 228,500 74,500 On April 18, 2017, 310,900 shares have been allocated to management and Group employees, as part of a performance share plan authorized by the Executive Board. The allocation is divided into two fractions with the following characteristics: Plan No. 6 Plan authorized in 2017 France Foreign countries Date of the General Meeting of Shareholders 04/18/2017 04/18/2017 Date of the Executive Board meeting 04/18/2017 04/18/2017 End of acquisition period 04/18/2020 04/18/2021 End of conservation period 04/18/2022 - Shares originally granted 216,300 94,600 Additional shares granted 0 0 Shares canceled at December 31, 2017 4,000 6,000 Outstanding shares at December 31, 2017 212,300 88,600 The total expense recognized for the period for all performance share plans amounts to €4.1 million and takes into account an estimate of the population of beneficiary at the end of each vesting period, as a beneficiary may lose his or her entitlements should he or she leave the Klépierre Group during this period. KLÉPIERRE 2017 REGISTRATION DOCUMENT 119