Klépierre was updated at “A-” by S&P | 24.02.25

PRESS RELEASE

Klépierre upgrade
To the “a-” of s & p

Paris – February 24, 2025

Klépierre, the European leader in commercial malls, announced today that Standard & Poor’s (S&P) has updated the company’s credit rating at “A-” (stable perspectives). Credit rating agency specified that the update was a company testament “The base of solid assets, with strong capabilities to generate cash flows, prudent financial policy and financial flexibility, which have been proven to be successful while the company has exceeded the basic case of S&P.“

S&P also assumes that Klépierre will be able to track the acquisitions of assets, with a significant header for additional investments of debt financed.

Fitch confirmed its rating “A” with a stable perspective on senior unsecured debt, Klépierre is at the best level of credit rating in the European-listed real estate universe.

Stéphane Tortajada, chief financial director and member of the Executive Council said: “After our results better than the 2024 was expected to increase the value of the property increases, this credit rating upgrade confirms that we have opened a new growth chapter. It is also a will of Klépierre’s excellence and the effectiveness of his strategy that has a financial discipline at its base ”.

April 24, 2025	First quarter 2025 Trading update (before the market opening)
April 24, 2025	The annual General Assembly

Contacts for Investors Relationships	Media contacts
Paul Logerot, The head of the IR and Financial Communications Group +33 (0) 7 50 66 05 63 – [email protected] Hugo Martins, IR manager +33 (0) 7 72 11 63 24 – [email protected] Tanguy phelippeau, Manager IR +33 (0) 7 72 09 29 57 –[email protected]	Hélène Salmon, the head of the communications group +33 (0) 6 43 41 97 18 – [email protected] Wandrille Clermontel, Taddeo +33 (0) 6 33 05 48 50 – [email protected]

About Klépierre

Klépierre is the European leader in shopping centers, combining the skills of developing and managing assets. The company’s portfolio is valued at 20.2 billion euros on December 31, 2024 and includes large shopping centers from over 10 countries in continental Europe, which together host over 700 million visitors per year. Klépierre is a French Reit (SIIC) listed on Euronext Paris and is included in the CAC next 20 and EPRA Euro Area. It is also included in ethical indexes, such as Euronext CAC 40 ESG, CAC SBT 1.5, MSCI Europe ESG leaders, FTS development policy and its global leadership in the fight against climate change.
For more information, visit the news room on our website: www.klepierre.com

This press release is available in the “Publications section” on Klépierre’s financial page: www.klepierre.com/en/finance/publications