March 17, 2020

In accordance with the guidelines of the Austrian Federal Government, the SES-Shopping Center’s shops that provide basic supplies for the population will remain open for business.

The public opening of the ALEJA shopping center, which was originally scheduled for March 19, 2020, will be postponed.

China is fighting hard with the economic consequences of the coronavirus pandemic, as the country’s industrial production shrinks for the first time in three decades.

The European Securities and Markets Authority (ESMA) has issued a decision temporarily requiring the holders of net short positions in shares traded on a European Union regulated market to notify the relevant national competent authority if the position reaches or exceeds 0.1% of the issued share capital after the entry into force of the decision.

Despite this challenging environment and the current difficulty in estimating the impact on Klépierre’s full-year earnings, the Group reaffirms it has a solid balance sheet and sufficient committed revolving credit facilities to cover its liquidity needs.