Klepierre Sa · EURONEXT:LI
Klepierre Sa — Debt Investor Presentation (September 2025)
25 slides from Klepierre Sa's debt investor presentation, Sep 23, 2025
Slide 1: ESG Strategy & Green Financing Framework Investor Presentation
KLEPIERRE ESG STRATEGY & GREEN FINANCING FRAMEWORK INVESTOR PRESENTATION 23 SEPTEMBER 2025 a B KLEPIERRE SHOP. MEET. CONNECT.°
Slide 2: Klépierre at a Glance
01 KLEPIERRE AT A GLANCE KLEPIERRE SHOP. MEET. CONNECT.*
Slide 3: Klépierre key figures
70+ 4.0m LEADING SHOPPING MALLS sqm GROSS LEASABLE IN CONTINENTAL EUROPE* AREA* €20.2bn 10,000 TOTAL LEASES* PORTFOLIO VALUE* 10 €1.2bn COUNTRIES IN IN REVENUE* CONTINENTAL EUROPE* 1,056 3,500 EMPLOYEES* RETAILERS* * Data as of 31/12/2024 3
Slide 4: Retail mix and geographic breakdown
RETAIL MIX (RETAILER SALES BY SEGMENT) FASHION 37% CULTURE, SPORT AND LEISURE 19% Sporting goods, toys & gifts, jewelry, telephony, cultural products and tobacco GEOGRAPHIC BREAKDOWN* 12% HEALTH & BEAUTY 15% FOOD & BEVERAGE 12% SCANDINAVIA Cosmetics, optical, pharmacy, hair & body care, medical cent
Slide 5: Operating ESG impacts of an average mall
KLEPIERRE INVESTOR PRESENTATION — 23/09/2025 AS WE OPERATE OUR MALLS, WE PLAY A KEY ROLE IN THEIR ESG PERFORMANCE Klépierre’s operating ESG impacts (2024 — average mall) 32,000 sqm. *) 95 ©) 530 % 2,105 MWh Energy consumed Gross leasable area tenants jobs Aout if 480 tons 5.6 m Waste generated Visit
Slide 6: ESG at the Core of Klépierre Strategy
02 ESG AT THE CORE OF KLEPIERRE STRATEGY KLEPIERRE SHOP. MEET. CONNECT.*
Slide 7: Klépierre's journey in sustainability
KLEPIERRE INVESTOR PRESENTATION — 23/09/2025 KLEPIERRE’S JOURNEY IN SUSTAINABILITY Klépierre brings all its stakeholders to the table to co-create Act for Good Leow Klépierre begins reporting non- financial data | 2002 100% of centers are certified BREEAM In- transport Looe Launch of thenew act4, Ac
Slide 8: In 2023, we have renewed our ESG ambition for 2030
KLEPIERRE INVESTOR PRESENTATION — 23/09/2025 IN 2023, WE HAVE RENEWED OUR ESG AMBITION FOR 2030 Building Sod | the eh sustainable platform for commerce by 2030 Achieving Servicing Growing Promotine net zero communities °4 Net-zer0 carbon portal, 100% of our assets servicing.
Slide 9: Achieving net zero Scopes 1 & 2 by 2030
KLEPIERRE INVESTOR PRESENTATION — 23/09/2025 ACHIEVING NET ZERO SCOPES 1 & 2 BY 2030 Achieving net zero Pursue our efforts on energy efficiency and reach Aare carbon porte 70 kWh/sqm. as the average portfolio energy efficiency Install renewable energy production units in our Top 40 assets to reach u
Slide 10: Scope 1 and Scope 2 emissions trajectory
143 (in Klépierre’s 74,7 72,9 70 controlled area) 2013 2023 2024 2030 Scope 1 Scope 2 10
Slide 11: Emissions reduction levers
Measure its tenants’ private energy Others 229 consumption in its shopping centers and support them in achieving a 20% reduction ktCO2e** in their energy consumption Ensure all new refurbishment projects include low-carbon solutions and support our tenants in creating low-carbon stores 11
Slide 12: Leveraging certification to demonstrate sustainable performance
KLEPIERRE INVESTOR PRESENTATION — 23/09/2025 LEVERAGING CERTIFICATION TO DEMONSTRATE THE STRONG SUSTAINABLE PERFORMANCE OF BUILDING MANAGEMENT Sustainable building certifications allow to validate the performance of an asset, providing a consistent and comparable BREEAM’ framework in the market. Ove
Slide 13: EU Taxonomy alignment
72% Turnover 70% CAPEX 76% OPEX ALIGNED ALIGNED ALIGNED +8 pp vs 2023 +1 pp vs 2023 +7 pp vs 2023 (1) 13
Slide 14: Green Financing Framework
03 KLEPIERRE GREEN FINANCING FRAMEWORK KLEPIERRE SHOP. MEET. CONNECT.*
Slide 15: Rationale & key takeaways
KLEPIERRE INVESTOR PRESENTATION — 23/09/2025 RATIONALE & KEY TAKEAWAYS KLEPIERRE IS IMPLEMENTING A GREEN FINANCING FRAMEWORK TO LEVERAGE ITS & BEST-IN-CLASS SUSTAINABILITY PORTFOLIO AND ACTIVITY IN ITS FINANCING POLICY EeERBBR RE Lene ADRDDRRDE AR DX. TSRRRRDR? 1) te. =) BREEAM* Green Eligibility Cr
Slide 16: Overview of the Green Financing Framework
KLEPIERRE INVESTOR PRESENTATION — 23/09/2025 OVERVIEW OF THE GREEN FINANCING FRAMEWORK USE OF PROCEEDS MANAGEMENT OF PROCEEDS Full allocation of the proceeds within maximum 24 months after issuance based on a portfolio approach — Use of Proceeds shall be allocated to the (re)financing of : * Green B
Slide 17: Use of proceeds categories
KLEPIERRE INVESTOR PRESENTATION — 23/09/2025 USE OF PROCEEDS CATEGORIES GREEN ELIGIBLE CATEGORIES GREEN ELIGIBLE CRITERIA Buildings In use GREEN ASSETS Buildings No look-back Under renovation 7) TECHNICAL SCREENING CRITERIA! OF THE EU TAXONOMY @ Activity 7.7 - Acquisition and ownership of buildings
Slide 18: CRREM methodology
CRREM methodology Developed a tool that establishes annual science-based carbon reduction pathways for commercial real estate to 250 meet the objectives set by the Paris Agreement 200 Under the Green Financing framework, an asset is eligible if its energy intensity stands below the CRREM targets, 5
Slide 19: A EUR 17.7 billion green eligible portfolio
KLEPIERRE INVESTOR PRESENTATION — 23/09/2025 A EUR 17.7 BILLION GREEN ELIGIBLE PORTFOLIO* BREAKDOWN OF ELIGIBLE CRITERIA USED 20 18 16 14 12 ‘ =) 8 €Bn 13,6 6 ee. 4 a BREEAM 2 , 06 6 | Assets out of BEX MEET AT LEAST 2 scope"* 3.CRITERIA OUT OF 3 *As of 31/12/2024. Includes only refinancing and only
Slide 20: Green Loan Principles
Green Loan Principles • • • • • • • * Available here 20
Slide 21: Thank you for your attention
THANK YOU FOR YOUR ATTENTION KLEPIERRE SHOP. MEET. CONNECT.*
Slide 22: Disclaimer
KLEPIERRE INVESTOR PRESENTATION — 23/09/2025 DISCLAIMER This document was prepared by Klépierre SA (the “Company”). This document is not to be reproduced or distributed, in whole or in part, by any person other than the Company. The Company excludes all liability for the use of these materials by an
Slide 23: Appendices
APPENDICES KLEPIERRE SHOP. MEET. CONNECT.*
Slide 24: Focus on reporting pillar of the Green Financing Framework
KLEPIERRE INVESTOR PRESENTATION — 23/09/2025 FOCUS ON REPORTING PILLAR OF THE GREEN FINANCING FRAMEWORK * Annual report will be made publicly available on the allocation of proceeds and achieved impacts as long as green instruments are outstanding : Categories Selected output or impact indicators Gr
Slide 25: CRREM pathway criteria for French shopping centers
250 200 150 100 50 - 2024 2026 2028 2030 2032 2034 Shopping centers located in France will have to demonstrate each year that they are 5 years ahead of the relevant CRREM pathway to qualify under this criteria (i.e.<146kWh/sqm/yr in 2024, 135kWh/sqm/yr in 2025, etc.) 25
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