P R E S S R E L E A S E

I M P A C T O F T H E C O V I D - 1 9 O N K L É P I E R R E ' S A C T I V I T I E S I N E U R O P E

P a r i s , F e b r u a r y 1 , 2 0 2 1

Due to restrictions imposed in France since yesterday on malls larger than 20,000 sq.m. (representing circa 88% of our French portfolio in value, total share) and on all our malls, as from mid-December, in Italy, Denmark, Germany, the Netherlands, Portugal, Czech Republic, Barcelona and Oviedo in Spain, and Oslo in Norway, non- essential shops are not authorized to open.

As of February 1, circa 70% of our portfolio (in value, total share) is subject to these restrictions.

A G E N D A

February 17, 2021

2020 Full-Year earnings

May 6 2021

General Meeting

I N V E S T O R R E L A T I O N S C O N T A C T S

M E D I A C O N T A C T S

Hubert d'Aillières, Group Head of IR and financial communication

Hélène Salmon, Group Head of Corporate

+33

(0)1 40 67 51 37 - hubert.daillieres@klepierre.com

& Internal Communications

Mengxing Zhang, IR Officer

+33 (0)1 40 67 55 16 - helene.salmon@klepierre.com

+33

(0)1 40 67 53 05 - mengxing.zhang@klepierre.com

Paul Logerot, IR Officer

Delphine Granier, Taddeo

+33

(0)1 40 67 53 02 - paul.logerot@klepierre.com

+33 (0)6 33 05 48 50 - teamklepierre@taddeo.fr

A B O U T K L É P I E R R E

Klépierre is the European leader in shopping malls, combining property development and asset management skills. The company's portfolio is valued at €22.8 billion at June 30, 2020 and comprises large shopping centers in 12 countries in Continental Europe which together host 1.1 billion visits per year. Klépierre holds a controlling stake in Steen & Strøm (56.1%), Scandinavia's number one shopping center owner and manager. Klépierre is a French REIT (SIIC) listed on Euronext Paris and is included in the CAC Next 20, EPRA Euro Zone and GPR 250 indexes. Recognized as a sector leader by GRESB, the Group is also included in CDP's "A-List" and in ethical indexes such as DJSI World and Europe, FTSE4Good, STOXX® Global ESG Leaders, Euronext Vigeo France 20 and World 120. This underscores the Group's commitment to a proactive sustainable development policy and its global leadership in the fight against climate change.

For more information, please visit the newsroom on our website: www.klepierre.com

This press release is available on the Klépierre website: www.klepierre.com

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Klépierre SA published this content on 01 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2021 05:59:00 UTC.