SUSTAINABLE DEVELOPMENT Act for the Planet 4 Water consumption The Group’s shopping centers used 3.6 million m3 of water in 2017. The most significant variable in the water price is the cost of treating This figure includes tenant consumption because the Group knows waste water. The Group focuses its efforts on two areas: limiting the the usage of all buildings throughout Europe. amount of water used and monitoring the quality of wastewater. 3 WATER CONSUMPTION IN M3 3 AND WATER CONSUMPTION INTENSITY IN M /SQ.M AND L/VISIT 2017 current basis (93% coverage): 136 shopping centers and 4,918,367 sq.m EPRA: Water-Abs – Water-Int Central Group France- Europe The coverage Belgium Italy Scandinavia Iberia & Turkey Netherlands(a) Germany Group rate m3 2015 871,834 1,321,695 373,200 310,059 685,390 22,055 125,856 3,710,089 85% 2016 846,199 1,281,014 391,130 220,780 657,244 58,726 126,798 3,581,890 90% 2017 949,813 1,101,426 358,163 337,018 665,408 26,345 118,636 3,556,809 93% 3 m/sq.m 2017 0.59 1.23 0.45 0.68 0.83 0.19 0.42 0.71 93% L/visit 2017 4.26 7.85 5.68 4.27 6.66 2.17 4.89 4.16 93% (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). Very low risk of water stress The Group’s property portfolio is not very exposed to water stress. Over 95% of centers (in value) are not affected by this situation. Only eight centers are exposed in four countries (three in Turkey, one in Hungary, two in Italy and two in Spain). The other countries are not subject to this stress. For exposed centers, Klépierre has implemented special measures: the Group’s best practices guide provides recommendations for centers with a high risk of water stress. For the rest of the Group’s portfolio, the reduction of water consumption is still an operational objective for sites and is monitored. 3 PROPORTION OF CENTERS NOT EXPOSED TO WATER STRESS RISK IN 2017 (% IN VALUE) 2017 current basis (98% coverage): 138 shopping centers and 5,027,646 sq.m Central Group France- Europe The coverage Belgium Italy Scandinavia Iberia & Turkey Netherlands Germany Group rate Unexposed 100% 88% 100% 91% 78% 100% 100% 95% Exposed (% in value) 0% 12% 0% 9% 22% 0% 0% 5% 98% Exposed (in number of centers) 0 2 0 2 4 0 0 8 Source: “Aqueduct” project of the World Resources Institute, Aqueduct’s global water risk mapping, overall risk. 3 The Group is also gradually rolling out automatic instantaneous 0.75 m /sq.m, 10% down over the past four years on a like-for-like basis measurement systems for water usage. The Group’s usage is down 10% over the past four years on a like- The use of water-saving materials, better management of green for-like basis. spaces with less water-hungry species or the recovery and reuse of rainwater are the main options explored for Klépierre’s buildings. The three largest usages in a shopping center (excluding tenant areas) are as follows: Best practice air-cooling towers in Warsaw > air conditioning equipment, in particular cooling towers; > In line with the Group’s best practices, the center at Sadyba, > toilets; which had to replace its air-cooling towers, switched to adiabatic cooling towers, improving safety (no more risk of > cleaning. legionella) as well as energy gains of over 60%, and water of Major efforts have been made over the past number of years to over 80%. improve the measurement of usage, in particular through the > The return on investment horizon calculated at the outset installation of many individual meters in order to have a more detailed of the project of 3.5 years, was measured in real operating analysis by store and by usage. conditions at less than 2 years. KLÉPIERRE 2017 REGISTRATION DOCUMENT 187