LEADER IN PROPERTY DEVELOPMENT IN FRENCH REGIONS

LEADER IN PROPERTY DEVELOPMENT IN FRENCH REGIONS

THE GROUP The only group in France operating in all areas of the property sector Present in the main property markets: retail, residential and office. For each of these activities Altarea Cogedim has the expertise to design, develop, market and manage customised prop erty products for the regions and their inhabitants. THE COMPLEMENTARITY OF OUR BUSINESS LINES IS THE KEY TO SUCCESS OF OUR LARGE MIXED-USE URBAN PROJECTS. OFFICE PROPERTY RESIDENTIAL LARGE MIXED-USE PROJECTS RETAIL THIS UNIQUE KNOW-HOW GIVES ALTAREA COGEDIM ITS COMPETITIVE ADVANTAGE AND MAKES IT THE LEADING OWNER DEVELOPER IN THE FRENCH REGIONS. Inspired by a genuinely entrepre neurial culture, the Group has put down strong regional roots, a guarantee of profitable and sustainable growth. A key player in towns and gateway cities, combining the roles of investor, asset manager, marketer, property manager, residential and office property developer, operator and project manager for third parties, the Group offers its clients urban solutions on a human scale. KEY FIGURES developer of large mixed-use projects developer of retail projects in the TOP 3 residential developers developer of offices in the 2017 GRESB rankings 1 direct job = 30 jobs supported in the regions 100% of retail portfolio certified BREEAM In-Use 100% of residential developments certified NF Habitat Cogedim voted best Customer Service of the year 2018 A HISTORY OF GROWTH, AN ENTREPRENEURIAL CULTURE Value < 1 million 5 employees 0.3 billion Market capitalisation 160 employees 1.9 billion Market capitalisation 750 employees 3.3 billion Market capitalisation 1,742 employees 1994 2004 2007 2017 Altarea established by Alain Taravella Floated on the Stock Exchange Altarea Cogedim Group Leader in property development Market capitalisation as at 31 December.

OUR PRESENCE IN FRANCE AND INTERNATIONALLY IN FRANCE ALTAREA COMMERCE RESIDENTIAL OFFICES PARIS: Cogedim Paris Métropole PARIS REGION: Cogedim Île-de-France AIX-MARSEILLE-TOULON: Cogedim Provence BAYONNE: Cogedim Pays Basque BORDEAUX: Cogedim Aquitaine GRENOBLE-ANNECY: Cogedim Savoies Léman LILLE: Cogedim Hauts-de-France LYON: Cogedim Grand Lyon MONTPELLIER: Cogedim Languedoc-Roussillon NANTES: Cogedim Atlantique NICE: Cogedim Méditerranée RENNES: Cogedim Rennes Bretagne STRASBOURG: Cogedim Est TOULOUSE: Cogedim Midi-Pyrénées INTERNATIONAL BARCELONA: Altarea Spain MILAN: Altarea Italy LILLE RENNES PARIS STRASBOURG NANTES BORDEAUX LYON GRENOBLE ANNECY MILAN BAYONNE TOULOUSE MONTPELLIER AIX- MARSEILLE TOULON NICE BARCELONA

OUR DNA As a performance-oriented organisation, Altarea Cogedim applies a demanding and ambitious managerial culture to ensure the long-term success of its model and offer solutions that fit its clients expectations. OUR MISSION Urban entrepreneur The creation of urban values OUR VALUES ENTREPRENEURIAL SPIRIT COMMERCIAL VALUE CREATIVITY ECONOMIC VALUE ARCHITECTURAL VALUE INNOVATION PRACTICAL VALUE DIVERSITY OUR EMPLOYEES A unique combination of skills Recognised experts and professionals Strong entrepreneurial spirit Employees committed to major innovative projects in all real-estate business lines Altarea Cogedim is distinguished by its employees talent, agility and entrepreneurial spirit, and by a convivial atmosphere that unites the men and women of the Group. These keys to success allow the Group continuously to improve the customer experience, to support regions in their urban development and to steadily expand and enhance our offering for them.

OUR CONVICTIONS CUSTOMERS CLIENTS CITIES CLIENTS CITIES A business model based on three convictions, which also constitute the essence of the Group s Tous engagés! (All committed!) CSR approach which has been rolled out in all activities and business lines. Supporting customers. Technological, societal and environmental challenges are bringing about fundamental changes in the way businesses, retail banners, local authorities, home buyers and consumers relate to real estate. Altarea Cogedim understands and anticipates their needs so as to respond ever better to their expectations: surveys and studies, social interactions both face-to-face and online, demanding standards for the quality of service delivered, Altarea Cogedim takes time to listen attentively, works to maintain close relationships and puts customer satisfaction at the centre of its objectives. Top 10 More than 20 places gained since the 2016 HCG/Evertest Les Echos customer relations ranking, which studies 200 companies 2018 Named best customer service of the year in the category Property development DEVELOPING THE CUSTOMER EXPERIENCE A policy of open innovation designed around four axis: start-up incubator, organiser of calls for tender for projects, major partner and supporter of urban think tanks. This policy aims to strengthen the Group s culture of innovation and to encourage continuous testing of how we can improve internal processes, product offerings and customer-facing services. Attractive, customised offering and services: creation of Cogedim Stores for personalised customer support; implementation of innovative initiatives in the area of sales and retail; creation of urban neighbourhood service platforms to strengthen social ties (Easy Village app. in Massy Essonne dept. France ). Digital solutions dedicated to clients: a dedicated customer platform: www.mon-cogedim.com, the personalised customer information space; multi-channel communication encompassing the digital technologies (digital signage, dynamic dissemination of information, etc.); integration of the latest innovations in the built environment.

CITIES CUSTOMERS CITIES CUSTOMERS CITIES Partnership with the regions, in support of a joint reflection on the human, sustainable city of tomorrow. Anticipating developments, changing its vision of the city, giving local authorities the benefit of its powers of innovation, reinventing its business lines: the Group believes that its growth can be consistent with the principles of corporate social responsibility, and that its developments can serve the public interest. The development of talent, the company s most important asset. Working alongside the regions, our 1,742 employees commit themselves to innovate every day. Our managerial model offers a unique employee experience, in a group driven by strong values and innovative projects, assuring the Group of its employees involvement and operational excellence. CONTRIBUTING TO LOCAL ECONOMIC DEVELOPMENT AND PROMOTING SUSTAINABLE CONSTRUCTION FOR SUSTAINABLE CITIES 1 direct job = 30 jobs supported in the regions 76% of jobs supported outside the Paris metropolitan area 1,742 employees OUR HUMAN CAPITAL +500 recruitments in 2017 18,000 hours of training 38% consumption of energy by all assets between 2010 and 2017 57% CO 2 emissions by all assets between 2010 and 2017 WORKING TOWARDS A MORE INCLUSIVE AND SUPPORTIVE CITY Contributing to local economic development Developing local employment through our activities Working with local suppliers Developing sustainable construction Integrating the challenges of tomorrow s city by taking part in think tanks (Sustainable Real Estate Observatory, Palladio Foundation, etc.) Pursuing our ambitious objectives for reducing the Group s carbon footprint Forming major partnerships Supporting social and solidarity housing and combating poor housing (with Habitat et Humanisme) Promoting the art of city living Crescendo induction seminar. SUPPORTING OPERATIONAL EXCELLENCE A global system of learning and career development designed for collaborators. Creation of Youth Comity, the transversal committee dedicated to transforming the business through the insights of the new generations Y and Z. Sharing value: roll-out of an in-house employee shareholding campaign. Development of in-house collaborative digital tools to enhance operational performance and customer satisfaction.

OUR AREAS OF EXPERTISE Thanks to its unique integrated model, Altarea Cogedim is now the leader in property development in French regions. LARGE MIXED-USE PROJECTS Altarea Cogedim combines the full range of its expertise and services to design and create genuinely innovative city centres blending shops, homes, offices and hotel. These large-scale projects (over 40.000 m 2 floor space and at least 400 residential units) are redefining the place of the individual in an authentic, contemporary, connected city, where proximity, social ties and quality of life are improved. RETAIL Altarea Cogedim reconnects retail with its essence: exchanges of goods and services and encounters. Covering the entire property value chain, Altarea Cogedim focuses its building complex development and restructuring strategy on four product niches offering each great potential: large regional shopping centres, travel retail in high-traffic areas such as railway stations, large retail parks and convenience stores. RESIDENTIAL The Group and its brands offer clients real-estate programmes designed to the most demanding standards, highly regarded partners (architects, designers, landscapers, etc.), and unrivalled possibilities of personalisation. What sets the Group apart is its ability to offer programmes for all profiles (first-time buyers, seniors, investors, etc.) nationwide, while at the same time maintaining high standards of quality in all projects. OFFICE PROPERTY Altarea Cogedim anticipates changes in working methods and new expectations of businesses and their employees and imagines the future of the office by responding to all usages. More connected, more flexible and adaptive, open to the city the office also reflects the DNA of the business that it represents. The Group is currently developing numerous projects in the Paris region and other regions of France. More than half of its business is in creative restructuring. A GROUP, ITS BRANDS A NEW ENHANCED SHOPPING EXPERIENCE WITH ALTAREA COMMERCE LIFE EXPERIENCES WITH: Cogedim Patrimoine, Altarea Cogedim Partenaires, Cogedim Club Altarea Cogedim concentrates its strategy of creating or restructuring complexes in four high-potential product segments: large regional shopping centres, travel retail in high-traffic areas such as railway stations, large retail parks and convenience stores. Designing residential property that responds to all styles of living and all types of user. The Group and its brands offer clients real-estate programmes designed to the most demanding standards, highly regarded partners (architects, designers, landscapers, etc.) HISTOIRE & PATRIMOINE Through Histoire & Patrimoine, Altarea Cogedim contributes to the heritage conservation by renovating and rehabilitating historical centres. PITCH PROMOTION NEW WORKING SPACES WITH ALTAREA COGEDIM ENTREPRISE Thanks to the quality of its work, the acquisition of Pitch Promotion has enabled the Group to consolidate its lead position by capturing new markets, thus accelerating its growth. Altarea Cogedim anticipates changes in working methods and new expectations of businesses and their employees. Today s offices are a real growth accelerator for businesses. Users can attract and retain key talents and grow their businesses sustainably over the long term.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 1. Place du Grand Ouest, Massy 2. Joia Méridia, Nice 3. Quartier Guillaumet, Toulouse 4. Inventons la Métropole du Grand Paris, Cachan 5. Ferney-Voltaire, Savoie-Léman 6. Cap3000, Nice 7. Domaine Marguerite de Flandre, Seclin 8. Gare Paris-Montparnasse, Paris 9. Révélations, Nantes 10. Emblem, Bordeaux 11. Palomaya, Montpellier 12. Bridge (future HQ of Orange), Issy-les-Moulineaux 13. Boréal, Lyon ALTARE A COGEDIM THE ESSENTIAL 2017 Photo credits: Altarea Cogedim et X. COMPLETED PROJECTS 14. Kosmo (future HQ of Christian Dior Parfums), Neuilly-sur-Seine 15. 6e par nature, Lyon 16. Wacken, Strasbourg 17. Panache, Grenoble 18. Eria, Puteaux