SHARE CAPITAL, SHAREHOLDING, GENERAL MEETING OF SHAREHOLDERS 6Share capital and shareholding If the 10% threshold of the Company’s capital is directly or indirectly Unless they have been disclosed in accordance with the conditions set exceeded (i.e., ownership of 10% or more of the rights to the dividends out above, the shares exceeding the disclosure threshold subject to paid by the Company), any shareholder other than an individual is the declaration requirement will be stripped of voting rights at General required to indicate in its disclosure threshold declaration whether Meetings of Shareholders where the failure to declare is brought to the or not it is a Taxpaying Shareholder (as defined in Article 31 of the attention of the Meeting or where one or more shareholders together bylaws). Should such shareholder declare that it was not a Taxpaying holding 2% or more of the Company’s share capital ask the Meeting Shareholder, it would have to substantiate such claim whenever so to do so. This withdrawal of voting rights will apply to all General requested by the Company and provide the Company with a legal Meetings of Shareholders held within two years of the date on which opinion from an internationally reputed tax law firm, on the Company’s the appropriate declaration is duly made. request. Any shareholder other than an individual who informs the All parties are also required to inform the Company, in accordance with Company that it has directly or indirectly exceeded the 10% threshold the procedures and time schedules set out above, if their shareholding of the Company’s capital must promptly notify the Company of any falls below any of the thresholds referred to above. change in its taxation status that may cause it to acquire or lose the status of Taxpaying Shareholder. The table below sums up the legal and/or statutory disclosure threshold declarations, as received by the Company during fiscal year 2017: Number of shares Date of the letter Disclosure threshold held after disclosure of notification sent Capital disclosure Voting rights disclosure trigger date threshold trigger to the Company threshold trigger threshold trigger BNP Paribas Investment February 15, 2017 6,480,323 February 17, 2017 Up (2.06%) Up (a) Partners SA September 4, 2017 6,170,135 September 5, 2017 Down (1.96%) Down September 5, 2017 5,209,609 September 6, 2017 Down (1.66%) Down (b) BlackRock Inc. March 6, 2017 15,724,528 March 7, 2017 Up (5.00%) Up (5.00%) March 7, 2017 15,716,080 March 8, 2017 Down (4.99%) Down (4.99%) March 8, 2017 15,727,373 March 9, 2017 Up (5.00%) Up (5.00%) March 9, 2017 15,705,423 March 10, 2017 Down (4.99%) Down (4.99%) April 10, 2017 15,753,145 April 11, 2017 Up (5.01%) Up (5.01%) April 11, 2017 15,594,449 April 12, 2017 Down (4.96%) Down (4.96%) April 26, 2017 15,785,108 April 27, 2017 Up (5.02%) Up (5.02%) Standard Life Investments March 21, 2017 6,248,473 March 24, 2017 Down (1.98%) Down (1.98%) (Holdings) Limited Crédit Agricole SA (for Predica, a August 2, 2017 6,278,258 August 3, 2017 Down (1.99%) Down (1.99%) subsidiary of CA Assurances, itself August 17, 2017 5,904,853 August 18, 2017 Down (1.88%) Down (1.88%) a subsidiary of Crédit Agricole SA) (a) Acting on behalf of companies over which it exercises control within the meaning of Article L. 233-3 of the French Commercial Code (with the exception of BNPP IP Argentina, TEB Asset Management and BNPP IP Italia). (b) Acting on behalf of customers and funds, which it manages. 6.1.2.4 Transactions by corporate officers and similar individuals in Company securities (Article L. 621-18-2 of the French Monetary and Financial Code) Transactions reported by corporate officers and similar individuals to the French Financial Markets Authority during fiscal year 2017 were as follows: Total amount Declarer Nature of transaction Description of securities (in €) Jean-Michel Gault Exercise of stock options Stock options 167,325 Sale Shares 285,170 270 KLÉPIERRE 2017 REGISTRATION DOCUMENT