GECINA - REFERENCE DOCUMENT 2017

07

FROM CORPORATE RESPONSIBILITY TO SUSTAINABLE PERFORMANCE Key levers for success

KEY LEVERS FOR SUCCESS 7.6

95% of investments in real estate take into account the ■ environmental certifications of the building in the acquisition phase (source: Novethic, 2016); the yield from operating office buildings in France that ■ have obtained an environmental certification is 12% higher than for non-certified buildings (source: MSCI, 2015); “Green” residential buildings that meet regulatory ■ benchmarks or have certifications are worth an average of 5% more (source: the DINAMIC Association (Development of Notarial Information and Analysis of the Real Estate Market and Environment - October 2017).

LABELING 7.6.1 The labeling and certification of Gecina’s property portfolio are levers of performance to guarantee the well-being and productivity of its client occupants, guarantee that the operating performance of buildings (energy, CO 2 , water, waste, etc.) is maintained or improved and mobilize its partners for emerging environmental and societal challenges in order to improve standards. By obtaining the highest levels of certification, Gecina operates the levers of value creation, which have been measured in several studies:

KEY ACTIONS RELATED TO LABELING BY STRATEGIC PRIORITY

Strategic CSR priorities

Key actions

Progress and results

Generalist certifications are levers for mobilizing and enhancing performance for the CSR roadmap’s three strategic priorities.

HQE ™ Certification Construction/Renovation HQE ™ Operations certification NF Habitat HQE ™ certification

100% of surface areas delivered certified in 2017 with a high level of certification 79% of the Office properties certified 51% of student residence surface area certified 55 Amsterdam: 1 st labeled transaction ■ in 2017 140,454 sq.m of planned construction ■ or reconstruction space with the goal of obtaining the label by 2021 55 Amsterdam: 1 st labeled transaction ■ in 2017 215,931 sq.m of building space ■ planned or in operation hope to obtain the label by 2021 55 Amsterdam: 1 st labeled transaction ■ in 2017 176,759 sq.m of planned construction ■ or restructuring space with the goal of obtaining the label by 2021

Enhancing sustainable cities by increasing biodiversity

BiodiverCity ® label

Generating productivity and well-being for clients in adaptable buildings

Wired Score label

Well label

Environmental Management System

7.6.1.1

determine target performance goals and establish actions ■ to be implemented to achieve them; set monitoring procedures and the budgets to be ■ allocated (see 7.2.3 “Managing CSR” - Focus on the CSR mapping of Gecina’s property portfolio). This EMS is shared and monitored by all stakeholders involved in the development or operation of assets through standard procedures and documents. This EMS applies to all assets in the portfolio, residential and tertiary, in operation and in development. Gecina’s ambition to move toward HQE ™ Green Building certification involves a re-evaluation of the organization and procedures to be followed by the Cerqual body.

(EMS) The Environmental Management System (EMS) is the heart of the HQE certification process. HQE ™ Construction and Operation certification through Certivéa for offices and NF Habitat HQE ™ certification through Cerqual for residential attest to the implementation of this environmental management system. Beyond certification, the buildings in operation use an EMS to reach the best levels of performance in the various responsible building themes through Performance Improvement Action Plans (PIAP), which:

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