SHARE CAPITAL, SHAREHOLDING, GENERAL MEETING OF SHAREHOLDERS 6Share capital and shareholding 2015 Plans On May 4, 2015, the Executive Board adopted two plans, dated May 4, > beneficiaries are subject to either a three-year vesting period 2015 and July 6, 2015 (2015 Plans) for, respectively, 287,559 shares for after which the shares must be held for at least two years (France 64 beneficiaries and 2,400 shares for two beneficiaries representing, Plan), or to a vesting period of four years with no holding period on the basis of the Company’s share capital at December 31, 2017, a (International Plan); maximum potential dilution of 0.092%, whose main features are as > performance grid: follows: > allocation must be subject to the performance and service conditions described above; Absolute performance: 30% weighting Relative performance: 70% weighting Performance % of shares delivered Performance % of shares delivered ≤ 16.5% 0% Index -1% 0% 20% 33.3% Index 33.3% 22.5% 50% Index +1% 50% 25% 66.70% Index +2% 66.7% 27.5% 83.30% Index +3% 100% ≤ 30% 100% If the result obtained is between two thresholds, the number of performance shares vested is calculated by linear interpolation. 2016 Plan On May 2, 2016, the Executive Board adopted a plan for 324,500 shares > beneficiaries are subject to either a three-year vesting period for 107 beneficiaries (2016 Plan) representing, on the basis of the after which the shares must be held for at least two years (France Company’s share capital at December 31, 2017, a maximum potential Plan), or to a vesting period of four years with no holding period dilution of 0.10%, whose main features are as follows: (International Plan); > allocation must be subject to the performance and service > performance grid: conditions described above; Absolute performance: 30% weighting Relative performance: 50% weighting Internal performance: 20% weighting Performance % of shares delivered Performance % of shares delivered Performance % of shares delivered ≤ 16.5% 0% Index -1% 0% >1% 0% 20% 33.3% Index 33.3% 1% 30% 22.5% 50% Index +1% 50% ≥3% 100% 25% 66.70% Index +2% 66.7% 27.5% 83.30% Index +3% 100% ≥ 30% 100% If the result obtained is between two thresholds, the number of performance shares vested is calculated by linear interpolation. 2017 Plan On April 18, 2017, the Executive Board adopted a plan for > beneficiaries are subject to either a three-year vesting period 310,900 shares for 116 beneficiaries (2017 Plan) representing, on the after which the shares must be held for at least two years (France basis of the Company’s share capital at December 31, 2017, a maximum Plan), or to a vesting period of four years with no holding period potential dilution of 0.09%, whose main features are as follows: (International Plan); > allocation must be subject to the performance and service > performance grid: conditions described above; Absolute performance: 30% weighting Relative performance: 50% weighting Internal performance: 20% weighting Performance % of shares delivered Performance % of shares delivered Performance % of shares delivered ≤ 16.5% 0% Index -1% 0% >1% 0% 20% 33.3% Index 33.3% 1% 30% 22.5% 50% Index +1% 50% ≥3% 100% 25% 66.70% Index +2% 66.7% 27.5% 83.30% Index +3% 100% ≤ 30% 100% If the result obtained is between two thresholds, the number of performance shares vested is calculated by linear interpolation. 274 KLÉPIERRE 2017 REGISTRATION DOCUMENT