CORPORATE RESPONSIBILITY AT SONAE SIERRA

Release date: January30, 2013 CONTENTS WHO WE ARE CORPORATE RESPONSIBILITY AT SONAE SIERRA SIERRA FUNDS INDICATORS OUR SHOPPING CENTRES Portugal – Ownership & Management Portugal – Under Development Spain – Ownership & Management Spain – Under Development Italy – Ownership & Management Italy – Under Development Germany – Ownership & Management Germany – Under Development Greece – Ownership & Management Greece – Under Development Romania – Ownership & Management Romania – Under Development Brazil – Ownership & Management Brazil – Under Development WHO WE ARE SONAE SIERRA IS THE INTERNATIONAL SHOPPING CENTRE SPECIALIST, PASSIONATE ABOUT CREATING INNOVATIVESHOPPING EXPERIENCES. Our integrated approach to the shopping centre business includes theownership, development and managementactivities. This strategy allowed us to develop a recognized unique know-how which we use for our shopping centres,aswell as third-parties projects andoperating shopping centres. Currently the Company operates in Portugal, Spain, Italy, Germany, Greece, Romania, Croatia, Morocco,Algeria, Colombia and Brazil. Incorporated in Portugal in 1989, Sonae Sierra is owned by Sonae, SGPS (Portugal) with 50% and Grosvenor (United Kingdom)with50%. The company has been awarded more international prizes than any other company in this sector. Our strong partnership policy allows the company to quickly gain an in-depth knowledge of a market and create new business opportunities. SHOPPINGCENTRESAND NEWPROJECTS Owner of 47 Shopping Centres with a total GLA of 2.0 million m2. Responsible for the management of more than 70 shopping centres with an Open Market Value of 6.4 billion euros. 7 projects under development, including 4 for third parties, and 7 new projects in pipeline. Sonae Sierra Press Kit Release date: January 30, 2013 P 3/23 CORPORATERESPONSIBILITY AT SONAE SIERRA FOR SONAE SIERRA, THE SUSTAINABLE GROWTH OF THE COMPANY IMPLIES A CONSTANT EVALUATION OF THE INTERACTION AND BALANCE BETWEEN ECONOMIC, SOCIAL AND ENVIRONMENTAL GOALS. Corporate responsibility is nothing new at Sonae Sierra. It’s been part of our business for years, and we place a huge emphasis on it throughout the entire shopping centre development process – from planning, to investment, to building, to management. Our mission remains the same: to create value for our shareholders, while taking into account our social responsibilities towards our other important stakeholders, as wellas the environment. We believe this balance is crucial if we want to keep growing. We are proud to be leading the way in developing ‘green’ shopping centres, which are more energy, waste and water efficient – and we have picked up several social and environmental awards, in recognition for our efforts. We were also the first shopping and leisure centre company to receive ISO14001 certification for our environmentalmanagement system. We have also developed a Safety & Health culture throughout the entire Company and our shopping and leisure centres, implementing measures consistent with our objectives and policy, so as to minimize and control potential risks derived from our activity. This attitude was rewarded when we become the first European company in the shopping centre sector to have a system in conformity with the OHSAS(Occupational Health andSafety Assessment Series)18001 standard. This is in addition to the many initiatives we have introduced; to look after the welfare and engage our numerous stakeholders from our employees and our tenants, to the local communities were we are present. But we know there’s always more we could be doing. So we are constantly striving to becomemore efficient, more environmentally friendly, more socially responsible. It’s a fundamental part of our approach to the shopping centre business. Sonae Sierra Press Kit Release date: January 30, 2013 P 4/23 SIERRA FUNDS IN ADDITION TO THE DIRECT OWNERSHIP OF SOME OF OUR SHOPPING CENTRES, WE CO-OWN MANY OTHERS THROUGH INNOVATIVE INVESTMENT FUNDS LAUNCHED IN PARTNERSHIP WITH INTERNATIONAL INVESTORS. The principle objective of these funds is to offer our investors dividends and capital appreciation through investmentsin high quality shopping centres. The management of each fund follows a common commitment: Sonae Sierra owns part of the funds and manages the shopping centres for the duration of the investment, generating the possibility of maintaining the partnerships with the tenants and co-owners of each shopping centre whilst freeing capital to invest in new locations or take advantage of new business opportunities, thus increasing the valueof the portfolio. Someofour fund partners Netherlands ABP USA TIAA-CREF Brazil Credit Suisse HG United Kingdom Schroders InvestmentManagement Aberdeen Property Investors France CNP Assurance CDC Finland KEVA Ilmaren Sonae Sierra Press Kit Release date: January 30, 2013 P 5/23 ... - tailieumienphi.vn