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Die Shoppingcenter-AktieThe shopping center share Investor Relations The shopping center share SHARE PRICE: ON AN UPWARD TREND After closing 2011 at €24.80, a slight downward trend caused Deutsche EuroShop shares to hit €23.72 on 6 January 2012, their lowest level for the period. In a positive environment, the price stabilised within a corridor of €26 to €27 between late Janu- ary and mid-April, before surging upward at the start of May. Our share peaked at €32.03 on 1 November 2012 (Xetra clos- ing price). Shortly before Christmas, on 20 December, the share price hit a new all-time intraday high of €32.45. The price at the end of the year was €31.64. Deutsche EuroShop’s market capitalisa- tion rose nearly €427 million (33%) in 2012, from €1,280 million to €1,707 million. GOOD RESULT COMPARED WITH BENCHMARKS AND PEER GROUP Deutsche EuroShop shares increased 27.6% in price. Taking into account the dividend paid of €1.10 per share, the perfor- mance of Deutsche EuroShop shares amounted to +32.7% year- on-year (2011: -11.1%). As such, our share price performance was above that of the European benchmark for listed real estate companies, the EPRA index, in 2012 (+29.2%; 2011: -9.2%) and was ranked among the leaders within the European peer group1 . The benchmark index for medium-sized enterprises, the MDAX, gained 33.9% during the year under review. 3 1 Corio, Eurocommercial Properties, Klepierre, Mercialys and Unibail-Rodamco INVESTOR RELATIONS { 98 } DES ANNUAL REPORT 2012

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