SHARE CAPITAL, SHAREHOLDING, GENERAL MEETING OF SHAREHOLDERS 6Share capital and shareholding 3 RELATED-PARTY AGREEMENTS AUTHORIZED IN 2017 Date of the authorization Related-party agreement Parties to the agreement granted by the Supervisory Board Date Purpose February 2, 2017 February 2, 2017 Arrangement of a severance payment mechanism Jean-Marc Jestin in the event of forced departure of Jean-Marc Jestin from Klépierre October 19, 2017 November 21, 2017 Amendment of the currently suspended work Jean-Michel Gault contract of Jean-Michel Gault in order to (i) insert in the contract his decision not to solicit any severance payment exceeding two years of the last fixed and variable compensation received as a member of the Executive Board (including under the termination of his employment contract) and (ii) to set up an extra-legal severance payment mechanism in case of the forced departure of Jean-Michel Gault. These amendments will allow Klépierre to comply with investor expectations and with the AFEP-MEDEF Code, by capping the amount of severance payments that may be due (including under the employment contract) to two years of the gross annual compensation. Such mechanism is described in section 6.2.1, pages 282 and 283 of the 2017 registration document and will be submitted to the vote of the General Meeting to be held on April 24, 2018 (commitments referred to in Article L. 225-90-1 of the French Commercial Code) December 14, 2017 December 28, 2017 Acquisition by Klépierre of 100% of the capital Klépierre – Klécar Foncier Iberica SL, a subsidiary that of Klécar Foncier Espana SL (a Klécar Europe is 0.36% owned by Klépierre and 99.64% by Klécar Sud subsidiary), which holds the Spanish assets Europe Sud, which is owned by Klépierre (83%) and of Meridiano and Oviedo for a price equal to the CNP (17%) NAV of the company holding said assets and calculated on the basis of a maximum asset value of €195.3 million (excluding duties, taxes and expenses) 278 KLÉPIERRE 2017 REGISTRATION DOCUMENT