GECINA - REFERENCE DOCUMENT 2017

01

PRESENTATION OF THE GROUP Gecina’s fundamentals: centrality, scarcity, innovation

STOCK MARKET OVERPERFORMANCE

PERFORMANCE OF THE GECINA SHARE IN 2017

GECINA

SBF 120

EPRA EUROPE

SIIC FRANCE

In%

+20%

+20

+15

+11% +9% +12%

+10

+5

0

-5

-10

-15

Dec.

Oct.

Aug.

Nov.

Sept.

July

June

Feb.

May

Jan.

April

March

PERFORMANCE OF THE GECINA SHARE AT DECEMBER 31, 2017 (reinvested dividends)

Gecina steers its business in view of the creation of long-term valuation and returns for its shareholders. Gecina’s performance indicator for shareholders is the TSR (Total Shareholder Return), which takes into account the change in the valuation of the share on the stock market and also the dividends paid. Over the course of 2017, the total shareholder return offered by Gecina shares (+24.9%) outperformed that of the SBF 120 (+14.2%) and that of the Euronext IEIF SIIC France index (+17.2%). The distribution policy and the share buyback conducted at the start of 2017 contributed to this over performance.

+12.7%

+13.2%

+14.2%

+17.2%

+24.9%

CAC 40 EPRA

SBF120

IEIF SIIC FRANCE

GECINA

EUROZONE

10 GECINA - REFERENCE DOCUMENT 2017

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