GECINA - REFERENCE DOCUMENT 2017

03

CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

PERFORMANCE SHARES

Number of shares advanced

Stock price when granted

Shares acquired in 2017

Shares canceled in 2017

Balance at 12/31/2016

Balance at 12/31/2017

Grant date

Vesting date 02/19/2018 04/21/2019 04/21/2019 07/20/2020

02/19/2015 04/21/2016 07/21/2016 07/17/2017

58,120 60,990

€116.45 €125.00 €128.65 €136.08

55,740 59,690

1,313 5,038

54,427 54,652

3,000

3,000

3,000

53,810

0

400

53,410

Note: the 138,440 Eurosic bonus shares (in acquisition or holding period) that could not or had not been contributed to the Offer were subject to a liquidity mechanism.

Compensation for administrative and governance bodies

3.5.9.6 Compensation for management bodies concerns Gecina’s corporate officers.

12/31/2016

12/31/2017

In €’000

Short-term benefits

1,390

3,095

Post-employment benefits

N.A. N.A. N.A. 300

N.A. N.A. N.A. N.A.

Long-term benefits

End-of-contract benefits (ceiling for 100% of criteria)

Share-based payment

Auditors’ Fees 3.5.9.7 The fees of the Independent Auditors recognized in the income statement for 2017 for the audit and certification of the individual and consolidated financial statements and for various audit-related missions amounted to:

Pricewaterhouse Coopers Audit

Mazars

Total

Amount (net of tax)*

Amount (net of tax)*

Amount (net of tax)*

%

%

%

2017

2016

2017

2016

2017

2016

2017

2016

2017

2016

2017

2016

In €’000

AUDIT Statutory Auditor certification, review of individual and consolidated accounts...

703 567 79% 82% 781 570 77% 82% 1,484 1,137 78% 82%

Services other than the certification of accounts

187 121 21% 18% 230 125 23% 18% 417 246 22% 18% 890 688 100% 100% 1,011 695 100% 100% 1,901 1,383 100% 100%

TOTAL

*

Including share of non-refundable VAT.

Services other than the certification of accounts were in 2017 predominantly comprised of services required under legal and regulatory provisions. They mainly include duties related to the Eurosic public tender offer (including the capital increase and bond issue) for €280 thousand and the certification of human resources, environmental and social information (€65 thousand).

The data in the table above includes the fees paid by Eurosic since its integration within the Gecina group (last four months of 2017): €131 thousand in certification fees (€7 thousand to PWC and €126 thousand to Mazars), and €13 thousand to Mazars in respect of services other than the certification of accounts.

Post-balance sheet events

3.5.9.8 None

106 GECINA - REFERENCE DOCUMENT 2017

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