MERLIN Properties Annual Report 2017 / English

ı 61 ı Annual Report 2017 STOCK EXCHANGE EVOLUTION Average daily trading value (€ m) Average daily trading volume during the period has been € 28.1 million, which represent a 0.6% of the average market capitalization of 2017. Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Rebased to 100 95 100 105 110 115 120 125 +7.7% +7.4% +9.4% +9.3% MERLIN Ibex 35 EuroStoxx 600 EPRA Index Global Source: Bloomberg, as of December31 st 2017. 26.9 2016 28.1 2017 24.0 2015 MERLIN shares closed on 31 December 2017 at € 11.30, an increase of 9.4% versus 31 December 2016 closing price (€ 10.33). The share has outperformed the sectorial EPRA Europe reference index (+9.3%), IBEX-35 (+7.4%) and Euro Stoxx 600 (+7.7%). MERLIN share price performance vs IBEX 35 / EPRA Index / Euro Stoxx 600