SUSTAINABLE DEVELOPMENT Act for the Planet 4 Goal 100% renewable electricity France commits itself in turn! The Group is continuing its move to less carbon-intensive energy. 49% After Italy in 2016, France has renegotiated its electricity supply of final energy currently used by the Group is from renewable sources. contracts to gradually switch, in the course of 2018, all electricity Electricity from renewable sources now accounts for 60% of total supply contracts to 100% green electricity. electricity usage, representing close to 215 GWh. Klépierre undertakes to have 100% of the electricity used in common areas of these centers come from renewable sources by 2022. 3 PROPORTION OF ENERGY AND ELECTRICITY USAGE FROM RENEWABLE SOURCES 2017 current basis (98% coverage): 138 shopping centers and 5,027,646 sq.m Central France- Europe The Group Belgium Italy Scandinavia Iberia & Turkey Netherlands(a) Germany Group coverage rate Renewable energy 2015 11% 36% 78% 77% 30% 75% 21% 42% 98% 2016 12% 64% 75% 74% 23% 79% 22% 48% 97% 2017 19% 63% 78% 80% 32% 86% 19% 49% 98% Renewable electricity 2015 10% 44% 89% 86% 40% 100% 31% 50% 98% 2016 10% 78% 88% 85% 32% 100% 33% 58% 97% 2017 14% 75% 88% 85% 45% 99% 71% 60% 98% (a) Because of the major work underway in 2017, Hoog Catharijne was excluded from the reporting (the values, which are overly impacted, add noise to the country’s annual trends). 3 ENERGY MIX ON A CURRENT BASIS 2017 current basis (98% coverage): 138 shopping centers and 5,027,646 sq.m EPRA: Elec-Abs – DH&C-Abs – Fuels-Abs Group MWh % Electricity from renewable sources 215,691 43.9% Electricity from non-renewable sources 145,294 29.6% Subtotal electricity 360,985 73.5% District heating/Energy from renewable sources District heating/Recovered energy District heating/Energy from fossil fuels 55,520 11.3% District cooling 15,407 3.1% Subtotal networks 70,927 14.4% Gas 58,711 11.9% Fuel oil 431 0.1% Bio-fuel 397 0.1% Subtotal fuels 59,539 12.1% TOTAL ENERGIES 491,451 100% Group coverage rate 98% KLÉPIERRE 2017 REGISTRATION DOCUMENT 177

Registration Document 2017 Page 178 Page 180