MRM_REGISTRATION_DOCUMENT_2017

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General information on the issuer and its share capital Management report for the year ended 31 December 2017

To date, the Company does not use renewable energy in the office and retail properties it operates. However, it should be noted that a portion of the electricity in the building at 5 avenue Kléber in Paris, where M.R.M. has its head office, comes from renewable energies. M.R.M.’s lessor decided to enter into a two-year agreement with EDF to provide 21% of the electricity supplied from renewable energy. Commodity consumption and land use To reduce the consumption of paper and toner in its premises, Company employee computers are configured by default to print on both sides and in black and white. Paper consumption by M.R.M. employees in 2017 is estimated at 106 kg compared with 121 kg in 2016. The Company’s main impact in terms of land use relates to its control of assets managed. The Company is not aware of any soil pollution in the assets managed. Gathering and monitoring consumption data In 2014, the Company set up procedures for gathering and monitoring energy consumption (electricity, gas and fuel oil) and water consumption data at its head office and areas under its operational control in all of its shopping centres and offices. M.R.M. can therefore report on greenhouse gas emissions due to energy consumption at its head office and in shopping centres and office.

As regards the impact of services produced by the Company, the most significant emissions item is rental buildings totalling ten buildings (95,594 sqm). The Company is currently reviewing a methodology to quantify these emissions in years to come. The Company has not taken any specific measures to preserve or develop biodiversity in the offices and retail it operates. However, two beehives have been installed on the roofs of the building at 5 avenue Kléber in Paris, where M.R.M. has its head office. 4.3 Societal information As the Company’s properties are located in labour market areas, light industrial zones and established trading areas, the Company is aware of its impact on the economic activity and on town planning in these areas, and ensures that it integrates as much as possible, through the quality of its properties and the services it offers to users and local or neighbouring populations. The Company also strives to achieve the best possible conditions for dialogue with all stakeholders in these properties, namely tenants, property managers, asset managers, service providers, co-owners, retailers’ associations and local authorities. The procedure initiated by the Company for the Green Approach Guide is an example of this. In 2017, the Company decided to support hospital patients, both children and adults, and elderly people in nursing homes by sponsoring the Les Blouses Roses association. The state- approved countrywide association has 5,000 volunteers and has made it its mission for the last 75 years to assist, entertain and comfort nursing home residents through their illness and solitude. The Company does not take social and environmental issues into account in its procurement policy, nor the social and environmental responsibility of its suppliers and subcontractors in its dealings with them. Regarding fair business practices, the Company’s entire approach is focused on preventing corruption by making systematic use of invitations to tender and promoting consumer and occupier health and safety through rigorous compliance with regulations for establishments open to the public and fire safety regulations. In the Les Halles du Beffroi shopping centre in Amiens and the Sud Canal shopping centre in Montigny-le-Bretonneux, specific risk management processes have been put in place by centre management, employees are trained in first aid, and the retailers are made aware of fire risks.

Indicators

2017 data

2016 data

Head office Electricity

21,802 kWh

27,764 kWh

Gas

N/A

N/A

Fuel oil

7 litres

42 litres 57 cbm

Water

46 cbm

Greenhouse gas emissions Properties in use Electricity

1.8 TeqCO 2

1.3 TeqCO 2

3,299,308 kWh 3,333,993 kWh 1,218,769 kWh 1,242,820 kWh

Gas

Fuel oil

0 litre

0 litre

Water

21,870 cbm 17,006 cbm

Greenhouse gas emissions

428.7 TeqCO 2

422.2 TeqCO 2

The lower consumption of buildings in use largely reflects lower electricity consumption in LED-equipped properties and milder weather conditions leading to lower gas consumption.

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M.R.M. 2017 REGISTRATION DOCUMENT