GECINA - REFERENCE DOCUMENT 2017

CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Method of consolidation

12/31/2016 % interest

12/31/2017 % interest

Companies

SIREN

Risque & Sérénité

419 403 449 508 928 926 528 047 129 479 916 298 523 728 129 310 728 563 518 555 875 384 760 385 509 110 151 381 619 535 349 816 116 488 449 190 493 293 823 493 293 633 802 446 195 494 341 845 528 344 039 494 346 570 491 025 441 508 475 662 381 505 411 523 728 129 518 555 875 811 932 599 805 261 047 752 814 103 795 867 867 501 336 747 804 750 123 320 649 841 352 295 547 443 734 629 512 148 438 512 148 974 512 149 121 512 148 560 489 924 035 419 240 668 508 052 008 444 407 837 528 229 917 790 774 913 794 514 968 334 256 559 418 018 172 398 292 185 508 052 149 434 744 736 444 083 901 819 358 201 823 741 939

43.20% 100.00% 100.00% 77.20% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

EM FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC

Société Auxiliaire de Gestion Immobilière SAGI Immobilier d’entreprise (SAGI IE)

Château de Mery Rollins Hôtel Lille

Société d’exploitation de l’hôtel du Parc de Bougival

Wilburys Hotel Investment

SCI 19 Leblanc

SCI Saints Peres Fleury

SCI 54 Leclerc SCI 738 Kermen

SCI du 4 rue Danton

03

SCI du 136 bis rue de Grenelle SCI du 138 bis rue de Grenelle SCI Bellechasse-Grenelle SCI Cofitem Boulogne SCI Cofitem Dunkerque SCI Cofitem Levallois SCI Du Port Chatou SCI Studio du Lendit 1 Amelot Roissy Hôtel (ARH) LEFT CONSOLIDATION 2017 Rollins Hôtel Lille Wilburys Hotel Investment SCI Eurosic Batignolles SCI Eurosic Saint Augustin SCI Provence Bureaux SCI EurosicTombe Issoire SCI Eurosic 14 rue de Londres LEFT CONSOLIDATION 2016 Gecimed 8, rue de Cheuvreul/Suresnes SCI Eurosic Cotentin Eurosic UFFICI JOINED CONSOLIDATION 2016 GEC 23 Secondesk

100.00% 100.00%

FC 100.00% FC 100.00%

Merged Merged

FC FC

Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

MEE MEE MEE

IG IG

MEE

FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC

Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Alouettes 64 Bordeaux K1 Eaubonne K1

Lyon K1

Suresnes K1

Clairval

Clos Saint Jean

GEC 9 GEC 15

Hôpital Privé d’Annemasse

SCI Polyclinique Bayonne Adour

SCI Rhône Orange

SCIMAR

Tiers temps Aix-les-Bains

Tiers temps Lyon

GEC 8

Merged Merged

Merged Merged

Dassault Suresnes

Labuire Aménagement

Liquidated

EM Liquidated

FC: full consolidation. EM: accounted for under the equity method.

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GECINA - REFERENCE DOCUMENT 2017