GECINA - REFERENCE DOCUMENT 2017

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FROM CORPORATE RESPONSIBILITY TO SUSTAINABLE PERFORMANCE Key levers for success

trust with institutional investors and analysts (financial or specialized in socially responsible investing), Gecina: provides transparent, truthful and accurate information to ■ its shareholders, investors and analysts; improves its appeal for Socially Responsible Investors ■ (SRI).

7.6.5

INVESTOR COMMUNICATION

Promoting best practices and CSR performance with investors, particularly socially responsible ones, provides leverage which increases the inclusion of these elements in their investment decisions. Therefore, to maintain a special relationship with private shareholders and a relationship of

KEY INVESTOR COMMUNICATION ACTIONS

Theme

Key actions

Progress and results

Transparency and contact with investors

Roadshows, conferences and other Institutional Investor Meetings

Meetings with 450 investors and financial and non-financial analysts ■ in 2017 26 financial roadshows (see distribution below) ■ Analyst recommendations on 01/15/2018: 41% Buy, 50% Neutral ■ and 9% Sell with an average price objective of €145.50 per share (highest €175/share, lowest €121.5/share) Two Regional Meetings with 300 individual investors ■ One visit of the property portfolio ■ One Fondation Gecina presentation, in the presence of Bernard Michel, ■ Chairman, during a Meeting of the Shareholders’ Club Trophée de bronze des Meilleurs services aux actionnaires du SBF 120 ■ (best shareholder services) Coup de cœur du jury (jury favorite) at the Grand Prix FAS 2017 ■ de l’actionnariat salarié (employee shareholding structure)

Meetings and visits with individual shareholders

Relationships and quality of service for all investors

Improve the company’s appeal for SRI investors

Exchanges with SRI investors Individual and Group Meetings with 7 SRI investors ■ 19 SRI funds invested in Gecina according to the September 2017 ■ IPREO barometer, accounting for 8.9% of the capital Questions and answers Responded to 3 priority surveys (CDP, DJSI and GRESB) and 4 complementary ones (re-reading and occasional exchanges) Overall progress made in assessments, notably in the 3 priority rankings - see 7.2.2.2 “Results and analysis of non-financial rankings”

GEOGRAPHICAL BREAKDOWN OF ROADSHOWS MATCHING INVESTOR LOCATIONS

Gecina maintains a privileged relationship with all its shareholders through its registered shareholding format. All shareholders are identified in the company’s registers and get personalized treatment and free custody and management fees as their account is held by the Securities and Market Department, which is part of the Financial Communication Department. Lastly, Gecina offers a certain number of additional services to its shareholders: a seasoned Shareholders Relations team that responds ■ to all questions related to the General Meeting, account management, taxes, Gecina news, etc.; a dedicated space in the company’s website ■ www.gecina.fr from which all publications of the company may be received by electronic mail (letters to shareholders, press releases on results and Group news) and where shareholders can register to visit properties; a toll-free number from France (+33 (0) 800 800 976); ■ a specific e-mail address: actionnaire@gecina.fr; ■ and new: A Shareholders’ Club. ■

Other 4 %

Switzerland 4 %

France 15 %

Germany 4 %

Belgium 8 %

19 %

UK 35 %

USA-Canada

Netherlands 11 %

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