Klépierre - 2016 Notice of Meeting

Klépierre in 2015

Financial highlights for the full year 2015

2015

2014

Inmillioneuros(totalshare)

Shopping centers Other activities

1,161.1

782.0 40.6 822.7

34.6

TOTAL GROSS RENTS

1,195.7

Other rental income

12.6

10.4

TOTAL GROSS RENTAL INCOME

1,208.4

833.0

Fees

86.8

70.8

TOTAL REVENUES

1,295.1 1,035.0

903.8 706.9

Shopping centers Other activities (1)

33.0

38.4

TOTAL NET RENTAL INCOME

1,068.0

745.2

NET CURRENT CASH FLOW (group share) NET CURRENT CASH-FLOW PER SHARE (€)

663.1

406.5

2.16

2.07

1.60

DIVIDEND PER SHARE (€)

1.70, (2)

PROPERTY PORTFOLIO VALUATION (total share, excl. duties)

22,127

13,821

Reconstitution NAV (3) per share (€) EPRANAV (4) per share (€) EPRA NNNAV (5) per share (€)

36.0 34.7

33.5

32.1 29.6

33.2

(1) Thissegmentreferstostandaloneretailunits located inFranceandmostly inthevicinityofshoppingcenterareas(ex-Klémursassets). (2) SubmittedtoavoteoftheshareholdersattheirApril19,2016meeting. (3) NetAssetValue includingtransferduties,beforetransferduties,beforetaxesonunrealizedcapitalgainsandmarkingtomarketoffinancial instruments. (4) NetAssetValueexcludingtransferduties,beforetaxesonunrealizedcapitalgainsandmarkingtomarketoffinancial instruments. (5) NetAssetValueexcludingtransferduties,aftertaxesonunrealizedcapitalgainsandmarkingtomarketoffinancial instruments.

KLÉPIERRE – NOTICE OF MEETING – GENERAL MEETING OF APRIL 19, 2016 6