GECINA - REFERENCE DOCUMENT 2017

FROM CORPORATE RESPONSIBILITY TO SUSTAINABLE PERFORMANCE Priority 3: reduce environmental footprint by a resource-efficient and carbon-neutral real estate

CHANGES IN RESIDENTIAL PORTFOLIO ENERGY CONSUMPTION

Change since 2008

Change 2016/2017

2008

2016

2017

kWhPE heating climate adjusted* kWhPE/sq.m/year climate adjusted* kWhPE climate adjusted* per occupant kWhPE heating climate adjusted* kWhPE/sq.m/year climate adjusted* kWhPE climate adjusted* per occupant

195,391,780 74,537,574 73,128,507

Excluding specific uses

221

180

177

-20% -2%

-

3,721

3,552

-

-5%

279,055,980 113,220,631 110,988,645

Including specific uses

315

275

270

-14%

-2%

-

4,939

4,739

-4%

*Heating/cooling DDU adjusted for property portfolio (see reporting protocol on the Gecina website http://www.gecina.fr/en/csr/reporting-ecosystem.html).

Energy costs for residential portfolio amount to €4,001,584 or €9.7/sq.m. 20 residences, including five student residences, representing 40% of the surface area of Gecina's residential portfolio, had their energy performance diagnosis updated, as the period for which they were valid had expired. 18 of these new EPCs helped lower the average consumption of the buildings concerned, resulting in a reduction of 3% compared to the total energy consumption measured last year. Two CPCU sub-stations were renovated in 2017 for the Auguste-Lançon and Saint Didier residences, located in the 13th and 16th arrondissements of Paris respectively. The benefits of this work are already measurable at the Saint Didier building, its consumption having fallen 22% in 2017.

Action plans were defined in 2017 to improve the energy performance of Gecina's residential properties. To reduce the energy consumption of wholly-owned residences, three scenarios were studied, and confirm attainment of the 2020 targets.

2008/2017 BREAKDOWN OF RESIDENTIAL PROPERTY BY CLIMATE LABEL (BY NUMBER OF ASSETS)

AVERAGE RESIDENTIAL PROPERTY PORTFOLIO ENERGY CONSUMPTION (AT 2008 CONSTANT CLIMATE ALL USES COMBINED) R

45 % 64 %

38 %

280

240

237

196

23 % 8 %

2 % 0 %

0 % 0 %

9 % 0 %

0 % 0 %

0 % 0 %

0 % 0 %

11 %

A

B

E D C

F

G

H

I

07

0%

2008

2017

- 13%

- 14%

- 27%

The residential portfolio has not changed since 2016 which explains the stability of the energy ranking for this part of the portfolio. 25% of the assets hold an A, B or C label and are therefore above the national objective of 150 kWhPE/sq.m/year set for 2020.

2008

2016

2017

2020 Target

2020 target set for the entire residential scope Performance (kWhPE/sq.m/year) Change since 2008

249

GECINA - REFERENCE DOCUMENT 2017