Iguatemi Empresa de Shopping Centers S.A.

Iguatemi Empresa de Shopping Centers S.A. A free translation of the original report in Portuguese as published in Brazil containing Quarterly Information (ITR) prepared for the individual and consolidated interim accounting information in accordance with Technical Pronouncement CPC 21(R1) - Interim Financial Reporting and with international standard IAS 34 - Interim Financial Reporting, issued by the International Accounting Standards Board - IASB, as well as for the presentation of these information consistent with the rules issued by the Brazilian Securities and Exchange Commission (CVM), applicable to the preparation of the Quarterly Information - ITR.") KPDS 158810

To the Shareholders and Management of Iguatemi Empresa de Shopping Centers S.A. São Paulo - SP Introduction We have reviewed the interim individual and consolidated financial information of Iguatemi Empresa de Shopping Centers S.A. ( Company ), included in the Quarterly Information - ITR Form for the quarter ended June 30, 2016, which comprise the balance sheet as of June 30, 2016 related statements of income, of comprehensive income for the three and six-month period then ended, as well as the changes in shareholder s equity and cash flows for the six-month period then ended, including the explanatory notes. Management is responsible for the preparation of the Interim financial information in accordance with Technical Pronouncement CPC 21(R1) Interim Statement and IAS 34 - Interim Financial Reporting, issued by the International Accounting Standards Board - IASB, as well as presentation of this information in a consistent manner with the standards issued by the Securities and Exchange Commission, applicable to the preparation of Quarterly Information - ITR. Our responsibility is to express a conclusion on these interim information based on our review. Scope of Review We conducted our review in accordance with Brazilian and international standards on review of interim information (NBC TR 2410 - Review of Interim Financial Information Performed by the Independent Auditor of the Entity and ISRE 2410 - Review of Interim Financial Information Performed by the Independent Auditor of the Entity, respectively). A review of interim information consists in asking questions, chiefly to the persons in charge of financial and accounting affairs, and in applying analytical procedures and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Brazilian and International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Conclusion on the interim financial information Based on our review, we are not aware of any facts that would make lead us believe that the individual and consolidated interim financial information included in the quarterly information referred to above was not prepared, in all material respects, in accordance with CPC 21(R1) and IAS 34, issued by IASB, applicable to the preparation of Quarterly Information - ITR, and presented in a manner consistent with the standards issued by the Securities and Exchange Commission. 2

Other matters Statements of value added We also reviewed the individual and consolidated Statements of value added (SVA), for the sixmonth period ended June 30, 2016, preparation by is the Company's Management's responsibility, whose presentation in the interim information is required in accordance with the standards issued by CVM - Securities and Exchange Commission applicable to the preparation of Quarterly Information - ITR and considered supplementary information by the IFRSs, which do not require the presentation of SVA. These statements were subjected to the review procedures previously described and, based on our review, we are not aware of any other event that make us believe that those were not prepared, in all material respects, in accordance with the individual and consolidated interim accounting information taken as a whole. São Paulo, August 09, 2016 KPMG Auditores Independentes CRC 2SP014428/O-6 (Original report in Portuguese signed by) Silbert Christo Sasdelli Junior Accountant CRC 1SP230685/O-0 3

Individual financial statements / Balance sheet - Assets (In thousand of Reais) Code of Current quarter Prior year account Account description 06/30/2016 12/31/2015 1 Total Assets 4,154,410 4,253,318 1.01 Current Assets 146,656 331,535 1.01.01 Cash and Cash Equivalents 13,916 73,667 1.01.02 Interes earning bank deposits 50,182 177,381 1.01.02.01 Interes earning bank deposits measure at fair value 20,322 149,534 1.01.02.01.01 Trading Securities 20,322 149,534 1.01.02.02 Interest earning bank deposits measured at amortized cost 29,860 27,847 1.01.02.02.01 Securities held to maturity 29,860 27,847 1.01.03 Receivables 57,296 51,634 1.01.03.01 Trade accounts receivable 41,138 44,402 1.01.03.02 Other receivables 16,158 7,232 1.01.06 Recoverable taxes 5,728 11,653 1.01.06.01 Current taxes recoverable 5,728 11,653 1.01.07 Prepaid expenses 1,782 20 1.01.08 Other current assets 17,752 17,180 1.01.08.03 Others 17,752 17,180 1.01.08.03.02 Loans receivable 1,882 2,553 1.01.08.03.03 Other current assets 15,870 14,627 1.02 Non-current assets 4,007,754 3,921,783 1.02.01 Long Term assets 380,504 249,913 1.02.01.03 Receivable 7,823 9,357 1.02.01.03.01 Trade accounts receivable 7,823 9,357 1.02.01.06 Deferred Taxes 63,989 55,213 1.02.01.06.01 Deferred income and social contribution taxes 63,989 55,213 1.02.01.08 Related party credits 303,382 180,167 1.02.01.08.02 Receivable with subsidiary companies 222,754 102,440 1.02.01.08.04 Credits with other related parties 80,628 77,727 1.02.01.09 Other non-current assets 5,310 5,176 1.02.01.09.04 Loans receivable 4,372 4,257 1.02.01.09.05 Judicial deposits 938 919 1.02.01.09.07 Other non-current assets - - 1.02.02 Investiment 3,611,049 3,656,033 1.02.02.01 Equity interest 2,529,439 2,579,240 1.02.02.01.02 Equity in income of subsidiaries 2,515,163 2,564,964 1.02.02.01.03 Joint ownership - - 1.02.02.01.04 Other equity interest 14,276 14,276 1.02.02.02 Investment Property 1,081,610 1,076,793 1.02.03 Property 4,319 3,001 1.02.03.01 Fixed assets in operation 4,319 3,001 1.02.04 Intangible assets 11,882 12,836 1.02.04.01 Intangible assets 11,882 12,836 1.02.04.01.03 Softwares 11,882 12,836 5

Individual financial statements / Balance sheet - Liabilities (In thousand of Reais) Code of Current quarter Prior year account Account description 06/30/2016 12/31/2015 2 Total Liabilities 4,154,410 4,253,318 2.01 Current Liabilities 355,695 351,760 2.01.01 Social charges and labor obligations 18,664 24,193 2.01.01.02 Labor obligations 18,664 24,193 2.01.02 Suppliers 3,598 4,415 2.01.02.01 Domestic suppliers 3,598 4,415 2.01.03 Tax liabilities 3,892 2,320 2.01.03.01 Federal tax liabilities 1,890 2,029 2.01.03.01.01 Income and social contribution tax payable 75-2.01.03.01.02 Other federal tax liabilities 1,815 2,029 2.01.03.03 Municipal tax liabilities 2,002 291 2.01.04 Borrowings and financing 239,882 272,165 2.01.04.01 Borrowings and financing 50,143 58,335 2.01.04.01.01 Inlocal currency 50,143 58,335 2.01.04.02 Debentures 189,739 213,830 2.01.04.02.01 Charges on debentures (971) (1,197) 2.01.04.02.02 Debentures 190,710 215,027 2.01.05 Other liabilities 89,659 48,667 2.01.05.01 Liabilities from Related parties 27,403-2.01.05.01.02 Debits with subsidiaries 27,403-2.01.05.02 Others 62,256 48,667 2.01.05.02.02 Compulsory minimum dividend payable 60,000 45,384 2.01.05.02.04 Other payables 2,256 3,283 2.02 Noncurrent liabilities 1,115,991 1,274,366 2.02.01 Borrowings and financing 1,026,997 1,188,860 2.02.01.01 Borrowings and financing 414,323 429,699 2.02.01.01.01 In local currency 414,323 429,699 2.02.01.02 Debentures 612,674 759,161 2.02.02 Other liabilities 15,478 18,551 2.02.02.01 Liabilities with related parties 15,474 18,533 2.02.02.01.02 Debits with subsidiaries 15,474 18,533 2.02.02.02 Others 4 18 2.02.02.02.04 Other accounts payable - non current 4 18 2.02.03 Deferred taxes 55,260 48,399 2.02.03.01 Deferred income and social contribution taxes 55,260 48,399 2.02.03.01.01 Deferred income and social contribution taxes 54,358 47,389 2.02.03.01.02 Pis and Cofins on deferred income 902 1,010 2.02.04 Provisions 12,353 12,353 2.02.04.01 Tax, social security, labor and civil provisions 12,353 12,353 2.02.04.01.02 Social security and labor provisions 37 37 2.02.04.01.04 Civil provisions 12,316 12,316 2.02.04.01.05 Other provision for risks - - 2.02.04.02 Other provisions - - 2.02.04.02.04 Provision for investment losses - - 2.02.06 Unappropriated profits and incomes 5,903 6,203 2.02.06.02 Unearned income 5,903 6,203 2.02.06.02.01 Deferred income 5,903 6,203 2.03 Shareholders equity 2,682,724 2,627,192 2.03.01 Paid-up capital 1,231,313 1,231,313 2.03.02 Capital reserves 470,751 473,233 2.03.02.01 Goodwill in the issue of shares 452,082 452,082 2.03.02.05 Treasury shares (8,604) (6,694) 2.03.02.07 Other capital reserves 27,273 27,845 2.03.04 Earning reserves 908,031 922,646 2.03.04.01 Legal reserve 83,304 83,304 2.03.04.05 Profit retention reserve 824,727 839,342 2.03.05 Retained earnings/losses 72,629-2.03.05.1 Income (loss) for the year 72,629-6

Individual financial statements / Statement of income (In thousand of Reais) The same quarter of the Accumulated for the prior Code of Current quarter Current accumulated year prior year year account Account description 01/04/2016-30/06/2016 01/01/2016-06/30/2016 01/04/2015-30/06/2015 01/01/2015-06/30/2015 3.01 Income from sale of goods and/or services 60,480 118,093 54,869 106,081 3.02 Cost of goods and/or services sold (20,741) (41,005) (21,380) (41,630) 3.03 Gross Income 39,739 77,088 33,489 64,451 3.04 Operating expenses or income 27,518 62,128 43,800 81,664 3.04.02 Administrative and general expenses (15,180) (28,441) (15,369) (32,833) 3.04.04 Other operating income 3,255 13,121 9,560 11,014 3.04.05 Other operating expenses (1,281) (2,933) (19) (1,672) 3.04.06 Equity gain (loss) in subsidiaries 40,724 80,381 49,628 105,155 3.05 Income (loss) before financial income (loss) and taxes 67,257 139,216 77,289 146,115 3.06 Financial income (35,116) (67,997) (30,737) (60,615) 3.06.01 Financial income 6,797 17,534 11,964 26,721 3.06.02 Financial expenses (41,913) (85,531) (42,701) (87,336) 3.07 Income (loss) before income tax 32,141 71,219 46,552 85,500 3.08 Income and social contribution taxes 2,279 1,410 679 6,246 3.08.02 Deferred assets 2,279 1,410 679 6,246 3.09 Net income (loss) of continued operations 34,420 72,629 47,231 91,746 3.11 Net income (loss) for the period 34,420 72,629 47,231 91,746 3.99 Earnings per share - (Reais/shares) - - - 3.99.01 Basic earnings per shares - - - 3.99.01.01 ON 0.20 0.41 0.27 1 3.99.02 Diluted earnings per shares - - - 3.99.02.01 ON 0.19453 0.41081 0.26648 0.51757 7

Individual financial statements / Statement of income (In thousand of Reais) The same quarter of the Accumulated for the prior Code of Current quarter Current accumulated year prior year year account Account description 01/04/2016-30/06/2016 01/01/2016-06/30/2016 01/04/2015-30/06/2015 01/01/2015-06/30/2015 4.01 Net income for the period 34,420 72,629 47,231 91,746 4.03 Comprehensive income for the period 34,420 72,629 47,231 91,746 8

Individual financial statements / Statement of changes in shareholders equity / DMPL - 01/01/2016 06/30/2016 (In thousand of Reais) Code of account Account description Paid-up capital Capital reserves, options granted and treasury shares Profit reserves Retained earning (losses) Other comprehensive income Shareholders' equity 5.01 Opening balances 1,231,313 473,233 922,646 - - 2,627,192 5.03 Adjusted opening balances 1,231,313 473,233 922,646 - - 2,627,192 5.04 Capital transactions with partners - (2,482) (14,615) - - (17,097) 5.04.04 Treasury shares acquired - (5,571) - - - (5,571) 5.04.06 Dividends - - (14,615) - - (14,615) 5.04.09 Treasury shares granted - 3,661 - - - 3,661 5.04.10 Formation of reserve for payment of share-based payment - 694 - - - 694 5.04.11 Other - (1,266) - - - (1,266) 5.05 Total comprehensive income - - - 72,629-72,629 5.05.01 Net income for the period - - - 72,629-72,629 5.07 Closing balances 1,231,313 470,751 908,031 72,629-2,682,724 Individual financial statements / Statement of changes in shareholders equity / DMPL - 01/01/2015 06/30/2015 Code of account Account description Paid-up capital Capital reserves, options granted and treasury shares Profit reserves Retained earning (losses) Other comprehensive income Shareholders' equity 5.01 Opening balances 1,231,313 473,382 782,493 - - 2,487,188 5.03 Adjusted opening balances 1,231,313 473,382 782,493 - - 2,487,188 5.04 Capital transactions with partners - (2,139) (5,554) - - (7,693) 5.04.04 Treasury shares acquired - (13,119) - - - (13,119) 5.04.06 Dividends - - (5,554) - - (5,554) 5.04.09 Treasury shares granted - 10,619 - - - 10,619 5.04.10 Formation of reserve for payment of share-based payment - 361 - - - 361 5.05 Total comprehensive income - - - 91,746-91,746 5.05.01 Net income for the period - - - 91,746-91,746 5.07 Closing balances 1,231,313 471,243 776,939 91,746-2,571,241 9

Individual financial statements / Statement of cash flows - Indirect method (In thousand of Reais) Code of account Current accumulated Accumulated for the year prior year Account description 01/01/2016-06/30/2016 01/01/2015-06/30/2015 6.01 Cash flows from operating activities 40,814 263,551 6.01.01 Cash generated in operations 117,241 91,479 6.01.01.01 Net income for the period 72,629 91,746 6.01.01.02 Depreciation and amortization 20,380 18,181 6.01.01.03 Gain (loss) on sale of permanent assets 67 688 6.01.01.04 Equity gain (loss) in subsidiaries (80,381) (105,155) 6.01.01.05 Net exchange variation 98,776 85,297 6.01.01.07 Deferred income and social contribution taxes (1,410) (6,246) 6.01.01.08 Provision for share-based payment 694 1,439 6.01.01.09 Provision for bonus program 2,756 5,975 6.01.01.10 Allowance for doubtful accounts 2,661 1,155 6.01.01.11 Loss (Gain) Participation - 457 6.01.01.12 Amortized deferred income (1,005) (2,058) 6.01.01.13 Amortization of funding costs 2,074-6.01.02 Charges in assets and liabilities 13,071 262,184 6.01.02.01 Accounts receivable 2,137 2,171 6.01.02.02 Recoverable taxes and tax credits 5,925 3,082 6.01.02.03 Loans receivable 556 (4,500) 6.01.02.04 Related party credits 25,437 262,204 6.01.02.06 Other assets (10,188) (5,797) 6.01.02.07 Prepaid expenses (1,762) (1,215) 6.01.02.09 Suppliers (817) 216 6.01.02.10 Tax and contributions payable 1,067 758 6.01.02.11 Provisions for salaries and social charges (8,285) (7,781) 6.01.02.12 Debts with related parties (3,059) 2,282 6.01.02.13 Accounts payable 1,355 8,542 6.01.02.14 Deferred income 705 2,222 6.01.03 Others (89,498) (90,112) 6.01.03.2 Payment of interest (89,498) (90,114) 6.01.03.3 Others - 2 6.02 Net cash used in investment activities 111,984 (187,605) 6.02.01 Acquisitions of non-current assets (25,002) (392,500) 6.02.05 Capital decrease 56,446-6.02.06 Advance of dividends from subsidiaries 73,110 102,754 6.02.07 Advance for future capital increase (119,769) (70,065) 6.02.08 Interest earning bank deposits held for trading 127,199 172,206 6.03 Net cash generated (consumed) in financing activities (212,549) (209,918) 6.03.01 Amortization of loans, financing and debentures (206,978) (196,799) 6.03.06 Treasury shares (5,571) (13,119) 6.05 Increase (decrease) in cash and cash equivalents (59,751) (133,972) 6.05.01 Opening balance of cash and cash equivalents 73,667 161,743 6.05.02 Closing balance of cash and cash equivalents 13,916 27,771 10

Individual financial statements / Statement of added-value (In thousand of Reais) Code of account Current accumulated Accumulated for the year prior year Account description 01/01/2016-06/30/2016 01/01/2015-06/30/2015 7.01 Revenue 138,459 125,385 7.01.01 Sale of merchandise, products and services 131,361 117,182 7.01.02 Others revenue 9,759 9,358 7.01.04 Allowance for/reversal of Doubtful accounts (2,661) (1,155) 7.02 Inputs acquired from third parties (23,371) (26,413) 7.02.01 Cost of goods, merchandise and services sold (16,050) (17,651) 7.02.02 Materials, energy, third-party services and other (7,321) (8,762) 7.03 Gross added value 115,088 98,972 7.04 Retentions (20,380) (18,181) 7.04.01 Depreciation, amortization and depletion (20,380) (18,181) 7.05 Net added value produced 94,708 80,791 7.06 Added value received as transfer 97,915 131,876 7.06.01 Equity gain (loss) in subsidiaries 80,381 105,155 7.06.02 Financial income 17,534 26,721 7.07 Total added value payable 192,623 212,667 7.08 Distribution of added value 192,623 212,667 7.08.01 Personnel 22,140 28,067 7.08.01.01 Direct remuneration 16,673 19,355 7.08.01.02 Benefits 3,000 6,781 7.08.01.03 F.G.T.S. 2,467 1,931 7.08.02 Taxes, duties and contributions 10,188 2,705 7.08.02.01 Federal 8,825 1,582 7.08.02.03 Municipal 1,363 1,123 7.08.03 Third-party capital remuneration 87,666 90,149 7.08.03.01 Interest 81,425 83,960 7.08.03.02 Rentals 3,005 2,893 7.08.03.03 Others 3,236 3,296 7.08.04 Remuneration of own capital 72,629 91,746 7.08.04.03 Retained earnings / Loss for the period 72,629 91,746 11

Consolidated financial statements / Balance sheet - Assets (In thousand of Reais) Code of Current quarter Prior year account Account description 06/30/2016 12/31/2015 1 Total Assets 5,000,244 5,057,018 1.01 Current Assets 538,759 625,173 1.01.01 Cash and Cash Equivalents 92,520 130,069 1.01.02 Interes earning bank deposits 207,991 262,867 1.01.02.01 Interes earning bank deposits measure at fair value 171,040 228,377 1.01.02.01.01 Trading Securities 171,040 228,377 1.01.02.02 Interest earning bank deposits measured at amortized cost 36,951 34,490 1.01.02.02.01 Securities held to maturity 36,951 34,490 1.01.03 Receivables 179,965 176,220 1.01.03.01 Trade accounts receivable 100,573 110,174 1.01.03.02 Other receivables 79,392 66,046 1.01.04 Inventories 5,751 6,060 1.01.06 Recoverable taxes 19,497 21,944 1.01.06.01 Current taxes recoverable 19,497 21,944 1.01.07 Prepaid expenses 11,901 6,844 1.01.08 Other current assets 21,134 21,169 1.01.08.03 Others 21,134 21,169 1.01.08.03.02 Loans receivable 4,115 5,477 1.01.08.03.03 Other current assets 17,019 15,692 1.02 Non-current assets 4,461,485 4,431,845 1.02.01 Long Term assets 297,452 292,333 1.02.01.01 Interes earning bank deposits measure at fair value - - 1.02.01.01.02 Available-for-sales securities - - 1.02.01.03 Receivable 72,231 83,855 1.02.01.03.01 Trade accounts receivable 17,687 19,812 1.02.01.03.02 Other receivables 54,544 64,043 1.02.01.06 Deferred Taxes 88,662 68,672 1.02.01.06.01 Deferred income and social contribution taxes 88,662 68,672 1.02.01.08 Related party credits 126,240 130,084 1.02.01.08.04 Credits with other related parties 126,240 130,084 1.02.01.09 Other non-current assets 10,319 9,722 1.02.01.09.04 Loans receivable 7,389 6,774 1.02.01.09.05 Judicial deposits 2,920 2,901 1.02.01.09.07 Other non-current assets 10 47 1.02.02 Investiment 4,038,231 4,017,380 1.02.02.01 Equity interest 18,584 17,373 1.02.02.01.03 Joint ownership 4,094 2,883 1.02.02.01.04 Other equity interest 14,490 14,490 1.02.02.02 Investment Property 4,019,647 4,000,007 1.02.03 Property 24,020 19,530 1.02.03.01 Fixed assets in operation 24,020 19,530 1.02.04 Intangible assets 101,782 102,602 1.02.04.01 Intangible assets 101,782 102,602 1.02.04.01.02 Goodwill in investment acquisitions 88,169 88,169 1.02.04.01.03 Softwares 13,613 14,433 12

Consolidated financial statements / Balance sheet - Liabilities Code of Current quarter Prior year account Account description 06/30/2016 12/31/2015 2 Total Liabilities 5,000,244 5,057,018 2.01 Current Liabilities 481,499 550,685 2.01.01 Social charges and labor obligations 23,495 26,977 2.01.01.02 Labor obligations 23,495 26,977 2.01.02 Suppliers 13,860 29,212 2.01.02.01 Domestic suppliers 13,860 29,212 2.01.03 Tax liabilities 35,227 20,041 2.01.03.01 Federal tax liabilities 29,312 18,159 2.01.03.01.01 Income and social contribution tax payable 25,452 13,645 2.01.03.01.02 Other federal tax liabilities 3,860 4,514 2.01.03.02 State tax liabilities 257 66 2.01.03.03 Municipal tax liabilities 5,658 1,816 2.01.04 Borrowings and financing 337,959 365,150 2.01.04.01 Borrowings and financing 148,220 151,320 2.01.04.01.01 Inlocal currency 148,220 151,320 2.01.04.02 Debentures 189,739 213,830 2.01.04.02.01 Charges on debentures (971) (1,197) 2.01.04.02.02 Debentures 190,710 215,027 2.01.05 Other liabilities 70,958 109,305 2.01.05.02 Others 70,958 109,305 2.01.05.02.02 Compulsory minimum dividend payable 60,000 45,384 2.01.05.02.04 Other payables 10,958 63,921 2.02 Noncurrent liabilities 1,829,408 1,872,353 2.02.01 Borrowings and financing 1,690,347 1,718,050 2.02.01.01 Borrowings and financing 1,077,673 958,889 2.02.01.01.01 In local currency 1,077,673 958,889 2.02.01.02 Debentures 612,674 759,161 2.02.02 Other liabilities 1,221 1,301 2.02.02.02 Others 1,221 1,301 2.02.02.02.03 Taxes and contribuitions payable - - 2.02.02.02.04 Other accounts payable - non current 1,221 1,301 2.02.03 Deferred taxes 85,004 88,696 2.02.03.01 Deferred income and social contribution taxes 85,004 88,696 2.02.03.01.01 Deferred income and social contribution taxes 81,728 84,613 2.02.03.01.02 Pis and Cofins on deferred income 3,276 4,083 2.02.04 Provisions 13,800 13,800 2.02.04.01 Tax, social security, labor and civil provisions 13,800 13,800 2.02.04.01.02 Social security and labor provisions 462 462 2.02.04.01.04 Civil provisions 12,316 12,316 2.02.04.01.05 Other provision for risks 1,022 1,022 2.02.06 Unappropriated profits and incomes 39,036 50,506 2.02.06.02 Unearned income 39,036 50,506 2.02.06.02.01 Deferred income 39,036 50,506 2.03 Shareholders equity 2,689,337 2,633,980 2.03.01 Paid-up capital 1,231,313 1,231,313 2.03.02 Capital reserves 470,751 473,233 2.03.02.01 Goodwill in the issue of shares 452,082 452,082 2.03.02.05 Treasury shares (8,604) (6,694) 2.03.02.07 Other capital reserves 27,273 27,845 2.03.04 Earning reserves 908,031 922,646 2.03.04.01 Legal reserve 83,304 83,304 2.03.04.05 Profit retention reserve 824,727 839,342 2.03.05 Retained earnings/losses 72,629-2.03.05.1 Income (loss) for the year 72,629-2.03.09 Interest of non-controlling shareholders 6,613 6,788 13

Consolidated financial statements / Statement of income (In thousand of Reais) The same quarter of the Accumulated for the prior Code of Current quarter Current accumulated year prior year year account Account description 01/04/2016-30/06/2016 01/01/2016-06/30/2016 01/04/2015-30/06/2015 01/01/2015-06/30/2015 3.01 Income from sales of goods and/or services 162,811 323,298 156,379 304,971 3.02 Cost of goods and/or services sold (54,618) (104,385) (52,704) (102,580) 3.03 Gross Income 108,193 218,913 103,675 202,391 3.04 Operating expenses or income (13,829) (23,372) (6,518) (26,921) 3.04.02 Administrative and general expenses (18,586) (37,701) (19,215) (38,341) 3.04.04 Other operating income 6,984 19,182 14,066 17,270 3.04.05 Other operating expenses (2,450) (5,294) (1,546) (6,210) 3.04.06 Equity gain (loss) in subsidiaries 223 441 177 360 3.05 Income (loss) before financial income (loss) and taxes 94,364 195,541 97,157 175,470 3.06 Financial income (52,919) (104,772) (37,759) (65,902) 3.06.01 Financial income 17,586 36,868 18,930 48,840 3.06.02 Financial expenses (70,505) (141,640) (56,689) (114,742) 3.07 Income (loss) before income tax 41,445 90,769 59,398 109,568 3.08 Income and social contribution taxes (6,357) (16,969) (11,498) (16,540) 3.08.01 Current (13,446) (25,783) (12,275) (23,127) 3.08.02 Deferred assets 7,089 8,814 777 6,587 3.09 Net income (loss) of continued operations 35,088 73,800 47,900 93,028 3.11 Income/loss for the period 35,088 73,800 47,900 93,028 3.11.01 Attributed to the parent company s partners 34,420 72,629 47,231 91,746 3.11.02 Attributed to non-controlling partners 668 1,171 669 1,282 3.99 Earning per share - (reais/shares) - - - - 3.99.01 Basic earnings per share - - - - 3.99.01.01 ON - - - - 3.99.02 Diluted earnings per shares - - - - 3.99.02.01 ON - - - - 14

Consolidated financial statements / Statement of income (In thousand of Reais) Current The same quarter of Accumulated for the Code of Current quarter accumulated year the prior year prior year account Account description 01/04/2016-30/06/2016 01/01/2016-06/30/2016 01/04/2015-30/06/2015 01/01/2015-06/30/2015 4.01 Net income for the period 35,088 73,800 47,900 93,028 4.03 Comprehensive income for the period 35,088 73,800 47,900 93,028 4.03.01 Attributed to the parent company s partners 34,420 72,629 47,231 91,746 4.03.02 Attributed to non-controlling partners 668 1,171 669 1,282 15

Consolidated financial statements / Statement of changes in shareholders equity / DMPL - 01/01/2016 06/30/2016 (In thousand of Reais) Code Account Account description Paid-up capital Capital reserves, options granted and treasury shares Earning reserves Retained Other earning comprehensive (losses) income Shareholders' equity Interest of non controlling shareholders Consolidated shareholders' equity 5.01 Opening balances 1,231,313 473,233 922,646 - - 2,627,192 6,788 2,633,980 5.03 Adjusted opening balances 1,231,313 473,233 922,646 - - 2,627,192 6,788 2,633,980 5.04 Capital transactions with partners - (2,482) (14,615) - - (17,097) (1,346) (18,443) 5.04.02 Expenses with issuance of shares - - - - - - - - 5.04.04 Treasury shares acquired - (5,571) - - - (5,571) - (5,571) 5.04.06 Dividends - - (14,615) - - (14,615) - (14,615) 5.04.09 Treasury shares granted - 3,661 - - - 3,661-3,661 5.04.10 Formation of reserve for payment of share-based payment - 694 - - - 694-694 5.04.11 Other - (1,266) - - - (1,266) (1,346) (2,612) 5.05 Total comprehensive income - - - 72,629-72,629 1,171 73,800 5.05.01 Net income for the period - - - 72,629-72,629 1,171 73,800 5.07 Closing balances 1,231,313 470,751 908,031 72,629-2,682,724 6,613 2,689,337 Consolidated financial statements / Statement of changes in shareholders equity / DMPL - 01/01/2015 06/30/2015 Code Account Account description Paid-up capital Capital reserves, options granted and treasury shares Earning reserves Retained Other earning comprehensive (losses) income Shareholders' equity Interest of noncontrolling shareholders Consolidated shareholders' equity 5.01 Opening balances 1,231,313 473,382 782,493 - - 2,487,188 6,617 2,493,805 5.03 Adjusted opening balances 1,231,313 473,382 782,493 - - 2,487,188 6,617 2,493,805 5.04 Capital transactions with partners - (2,139) (5,554) - - (7,693) (1,151) (8,844) 5.04.02 Expenses with issuance of shares - - - - - - - - 5.04.04 Treasury shares acquired - (13,119) - - - (13,119) - (13,119) 5.04.06 Dividends - - (5,554) - - (5,554) - (5,554) 5.04.09 Treasury shares granted - 10,619 - - - 10,619-10,619 5.04.10 Formation of reserve for payment of share-based payment - 361 - - - 361-361 5.04.11 Other - - - - - - (1,151) (1,151) 5.05 Total comprehensive income - - - 91,746-91,746 1,282 93,028 5.05.01 Net income for the period - - - 91,746-91,746 1,282 93,028 5.07 Closing balances 1,231,313 471,243 776,939 91,746-2,571,241 6,748 2,577,989 16

Consolidated financial statements / Statement of cash flows - Indirect method (In thousand of Reais) Code of account Current accumulated Accumulated for the year year prior Account description 01/01/2016-06/30/2016 01/01/2015-06/30/2015 6.01 Cash flows from operating activities 93,665 102,073 6.01.01 Cash generated in operations 271,421 238,816 6.01.01.01 Net income for the period 73,800 93,028 6.01.01.02 Depreciation and amortization 55,070 49,520 6.01.01.03 Gain (loss) on sale of permanent assets 67 688 6.01.01.04 Equity gain (loss) in subsidiaries (441) (360) 6.01.01.05 Net exchange variation 155,486 109,960 6.01.01.07 Deferred income and social contribution taxes (8,814) (6,587) 6.01.01.08 Provision for share-based payment 694 1,439 6.01.01.09 Provision for bonus program 5,431 5,975 6.01.01.10 Allowance for doubtful accounts 4,249 5,205 6.01.01.12 Amortized deferred income (15,434) (18,764) 6.01.01.13 Amortization of funding costs 2,475-6.01.01.14 Interest of non-controlling shareholders (1,171) (1,282) 6.01.01.15 Provision for devaluation of inventories 9 (6) 6.01.02 Charges in assets and liabilities (23,336) (1,560) 6.01.02.01 Accounts receivable 7,477 1,982 6.01.02.02 Recoverable taxes and tax credits 2,447 991 6.01.02.03 Loans receivable 747 (5,966) 6.01.02.04 Related party credits 3,844 (28,862) 6.01.02.06 Other assets (1,921) 48,027 6.01.02.07 Prepaid expenses (5,057) (3,632) 6.01.02.08 Inventory 300 (580) 6.01.02.09 Suppliers (2,648) (11,290) 6.01.02.10 Tax and contributions payable 27,878 20,147 6.01.02.11 Provisions for salaries and social charges (8,913) (7,442) 6.01.02.13 Accounts payable (50,647) (18,530) 6.01.02.14 Deferred income 3,157 3,595 6.01.03 Others (154,420) (135,183) 6.01.03.1 Payments of income and social contribution taxes (26,753) (26,723) 6.01.03.2 Payment of interest (127,667) (108,460) 6.02 Net cash used in investment activities (37,220) (40,211) 6.02.01 Acquisitions of non-current assets (91,921) (158,589) 6.02.06 Advance of dividends from subsidiaries - 415 6.02.08 Interest earning bank deposits held for trading 54,876 117,832 6.02.10 Others (175) 131 6.03 Net cash generated (consumed) in financing activities (93,994) (231,940) 6.03.01 Amortization of loans, financing and debentures (263,423) (224,571) 6.03.03 Funding 175,000 5,750 6.03.06 Treasury shares (5,571) (13,119) 6.05 Increase (decrease) in cash and cash equivalents (37,549) (170,078) 6.05.01 Opening balance of cash and cash equivalents 130,069 238,905 6.05.02 Closing balance of cash and cash equivalents 92,520 68,827 17

Consolidated financial statements / Statement of added-value (In thousand of Reais) Code of account Current accumulated Accumulated for the year year prior Account description 01/01/2016-06/30/2016 01/01/2015-06/30/2015 7.01 Revenue 360,954 339,206 7.01.01 Sale of merchandise, products and services 369,372 340,823 7.01.02 Others revenue (4,169) 3,588 7.01.04 Allowance for/reversal of Doubtful accounts (4,249) (5,205) 7.02 Inputs acquired from third parties (49,957) (53,089) 7.02.01 Cost of goods, merchandise and services sold (37,647) (37,904) 7.02.02 Materials, energy, third-party services and other (12,310) (15,185) 7.03 Gross added value 310,997 286,117 7.04 Retentions (55,070) (49,520) 7.04.01 Depreciation, amortization and depletion (55,070) (49,520) 7.05 Net added value produced 255,927 236,597 7.06 Added value received as transfer 37,309 49,200 7.06.01 Equity gain (loss) in subsidiaries 441 360 7.06.02 Financial income 36,868 48,840 7.07 Total added value payable 293,236 285,797 7.08 Distribution of added value 293,236 285,797 7.08.01 Personnel 32,658 37,908 7.08.01.01 Direct remuneration 24,104 26,097 7.08.01.02 Benefits 5,474 9,260 7.08.01.03 F.G.T.S. 3,080 2,551 7.08.02 Taxes, duties and contributions 44,647 38,614 7.08.02.01 Federal 37,592 32,041 7.08.02.02 State 1,653 1,613 7.08.02.03 Municipal 5,402 4,960 7.08.03 Third-party capital remuneration 142,131 116,247 7.08.03.01 Interest 131,655 107,379 7.08.03.02 Rentals 1,957 1,836 7.08.03.03 Others 8,519 7,032 7.08.04 Remuneration of own capital 73,800 93,028 7.08.04.03 Retained earnings / Loss for the period 72,629 91,746 7.08.04.04 Interest of non-controlling shareholders in retained earnings 1,171 1,282 18

MESSAGE FROM MANAGEMENT We ended the second quarter of 2016 positively, especially when we consider the political and economic challenges of the period. We believe that our discipline in focusing on high-quality joint ventures, targeted at a resilient public, enabled us to have a performance above the sectors average. Following the economic ratios and consumer confidence, we saw an improvement in the performance of shopping malls in June, which indicates a very positive beginning of the second half of the year. Total sales of storeowners achieved R$3.1 billion in the 2Q16, 13.2% higher than the same period of prior year (4.4% if we exclude the sales of Shopping Pátio Higienópolis, acquired in the 3Q15). The focus on the A/B target and the quality of the Company s portfolio led Iguatemi to continue showing operational figures that are above of its competitors. Sales in the same areas (SAS) grew 3.2%, above growth of sales in the same stores (SSS), of 3.0%. The areas with best sales performance were Fashion and Health & Beauty, which in aggregate accounted for approximately 40% of the total mix of our Shopping Malls. Same areas rentals (SAR) and same stores rents (SSR) grew 5.9% and 6.4%, respectively. We reached Net Income of R$162.8 million in the quarter, a growth of 4.1% in comparison with the 2Q15. We see clear benefits in the future from economies of scale with the maturity of the joint ventures inaugurated in recent years (Iguatemi Alphaville, JK Iguatemi, I Fashion Outlet Novo Hamburgo, Iguatemi Ribeirão Preto and Iguatemi Rio Preto). Today, these Shopping Malls which are in maturing process account for 25% of the Total Gross Leasable Area (ABL) of the portfolio, but only 19% of the income, evidencing the potential organic growth relevant to the Company in medium and long terms. As part of the Company s strategic priorities for 2016, we had a reduction of 4.8% in costs and expenses (disregarding depreciation and amortization), with highlight of administrative expenses and pre-operating lines. We closed the quarter with EBITDA of R$121.6 mi, a decrease of 0.6% in comparison with the 2Q15, and EBITDA Margin of 74.7%. Net Debt had a decrease of 0.4%, R$1.7 billion, leading to Net Debt/EBITDA to 3.26x. Cash and cash equivalents increased 3.2%, reaching R$ 301 million in the 2Q16. As subsequent event, on July 12, 2016, we settled another CRI funding in the market, in the amount of R$ 275 million, CDI rate 0.1% p.a. and term of seven years. With this issuance, we managed to extend the Company s average debt period even more, to 5.14 years.

We believe that Iguatemi is well positioned to face next years challenges with a quality portfolio and a robust balance sheet. We will continue to invest in our existing assets, adjusting mix, creating a distinguished consumption experience, and seeking new good investment opportunities. Carlos Jereissati CEO of Iguatemi Empresa de Shopping Centers S.A

ECONOMIC AND FINANCIAL PERFORMANCE Consolidated Statement of income (R$ thousand) 2Q16 2Q15 Var. % 6M16 6M15 Var. % Gross income 188,954 175,466 7.69% 369,372 340,823 8.38% Taxes and discounts -26,143-19,087 36.97% -46,074-35,852 28.51% Net income 162,811 156,379 4.11% 323,298 304,971 6.01% Costs and expenses -45,981-46,735-1.61% -87,016-91,401-4.80% Other operating income (expenses) 4,534 12,520-63.79% 13,888 11,060 25.57% Equity income (loss) 223 177 25.99% 441 360 22.50% EBITDA 121,587 122,341-0.62% 250,611 224,990 11.39% EBITDA margin 74.68% 78.23% -3.55 p.p. 77.52% 73.77% 3.74 p.p. Depreciation and amortization -27,223-25,184 8.10% -55,070-49,520 11.21% EBIT 94,364 97,157-2.87% 195,541 175,470 11.44% EBIT margin 57.96% 62.13% -4.17 p.p. 60.48% 57.54% 2.95 p.p Financial income (expenses) -52,919-37,759 40.15% -104,772-65,902 58.98% IR & CSLL -6,357-11,498-44.71% -16,969-16,540 2.59% Net income 35,088 47,900-26.75% 73,800 93,028-20.67% Net Margin 21.55% 30.63% -9.08 p.p. 22.83% 30.50% -7.68 p.p. GROSS INCOME Iguatemi s gross income in the second quarter of 2016 was R$ 189.0 million, representing a growth of 7.7% in relation to the same period of 2015. Gross income (R$ thousand) 2Q16 2Q15 Var. % 6M16 6M15 Var. % Rental 126,861 116,027 9.34% 248,299 226,035 9.85% Management fee 10,969 10,212 7.41% 22,325 19,289 15.74% Parking lot 35,200 30,940 13.77% 69,032 60,003 15.05% Others 15,924 18,287-12.92% 29,716 35,496-16.28% Total 188,954 175,466 7.69% 369,372 340,823 8.38% In the 2Q16, the Income from Rental, comprising Minimum Rent, Overage Rental and Temporary Rents, recorded a growth of 9.3% in relation to the 2Q15. Rental income (R$ - thousand) 2Q16 2Q15 Var. % 6M16 6M15 Var. % Minimum rental 107,467 98,139 9.50% 213,797 193,108 10.71% Overage Rental 8,476 7,875 7.63% 15,180 14,548 4.34% Temporary leases 10,918 10,013 9.04% 19,322 18,379 5.13% Total 126,861 116,027 9.34% 248,299 226,035 9.85%

This growth of 9.3% in the Income from Rental in relation to the 2Q15 is mainly explained by the following: Minimum rent: Increase of 9.5% in the 2Q16, mainly because (i) of the inauguration of the expansions of Iguatemi Campinas, Iguatemi São Paulo and Iguatemi Porto Alegre; (ii) of acquisition of Pátio Higienópolis; and (iii) of automatic adjustments for inflation of rental contracts. Overage Rental: Growth of 7.6% in the 2Q16, mainly explained by the increase in the ABL described in the previous item. Temporary leases: Growth of 9.0% propelled by the new marketing contracts signed in the beginning of the year. The Management Fee showed a growth of 7.4% in relation to the 2Q15, in view of the increase in expenses in the Condominiums, mainly with the inauguration of the above-mentioned expansions. The Income from Parking grew 13.8% in relation to the 2Q15, mainly because (i) of the adjustment of the rates made during 2015; (ii) opening of Iguatemi Campinas and Iguatemi Porto Alegre expansion; and (iii) of the acquisition of Pátio Higienópolis. The line of Other Income showed a fall of 12.9% in relation to the 2Q15, mainly because of the end of the recognition of the co-participation in Shopping Iguatemi Brasília, which completed five years in April 2015, and in Iguatemi Alphaville, which completed five years of operations in April 2016. DEDUCTIONS, TAXES AND CONTRIBUTIONS Deductions, Taxes and Contributions totaled R$ 26.1 million, representing an increase of 37.0% as compared to the same quarter of 2015, mainly because (i) of the increase in Gross Income; and (ii) of the increase in Discounts granted to the retailers of shopping malls in maturation. NET INCOME Net income in the 2Q16 was R$ 162.8 million, growth of 4.1% compared to the 2Q15. COSTS AND EXPENSES In line with the strategic plan for growth devised for 2016, the Company shows its efficiency in the reduction of costs and expenses. In the 2Q16, costs and expenses (before depreciation) summed R$45.9 million, 1.6% below the same period of 2015 (1.8% higher, if we consider depreciation and amortization).

Costs and expenses (R$ thousand) 2Q16 2Q15 Var. % 6M16 6M15 Var. % Cost of rentals and services 32,741 31,603 3.60% 60,008 61,234-2.00% Expenses 13,240 15,132-12.50% 27,008 30,167-10.47% Administrative expenses 12,967 13,723-5.51% 26,240 27,926-6.04% Share-based compensation 348 719-51.60% 695 1,438-51.67% Pre-Operating -75 690-110.87% 73 803-90.91% Sub Total 45,981 46,735-1.61% 87,016 91,401-4.80% Depreciation and amortization 27,223 25,184 8.10% 55,070 49,520 11.21% Total 73,204 71,919 1.79% 142,086 140,921 0.83% The Costs of Rentals and Services showed an increase of 3.6% as compared to the 2Q15, with the increase in the ABL (expansions of Iguatemi Campinas, Iguatemi São Paulo and Iguatemi Porto Alegre, and the addition of Pátio Higienópolis to the portfolio) being partially compensated by the efforts adopted by the Company for reducing Costs and Expenses. Administrative Expenses, on the other hand, were down 5.5% over the 2Q15, mainly reflecting the reduction in the personnel carried out in the 4Q15 and 1Q16, as part of the efforts towards increasing the efficiency in the Company s processes. Share-based remuneration (stock options) fell 51.6% in relation to the 2Q16 due to income from regressive amortization of stock option plan issued in 2012. The Pre-Operating line had a reduction of 110.9% in relation to the 2Q15, in view of the completion of the works related to the expansion of Iguatemi Porto Alegre. The Depreciation and Amortization lines had increase of 8.1% in the second quarter of 2016, mainly because of the inauguration of the expansion of Iguatemi Porto Alegre, and the acquisition of Pátio Higienópolis. FINANCIAL INCOME (LOSS) Iguatemi s net financial income in the 2Q16 was R$52.9 million negative, in view of income (loss) of R$ 37.8 million in the same period of 2015. Fall of 7.1% in financial income in relation to the same period of prior year occurred mainly due to decrease in the Company s cash position. Financial Expenses presented increase of 24.4% in relation to the same period of prior year, mainly due to increase in Selic rate and, accordingly, of CDI, at which 70.3% of our debts are indexed.

Net financial income (loss) 2Q16 2Q15 % 6M16 6M15 % Financial income 17,586 18,930-7.10% 36,868 48,840-24.51% Financial expenses -70,505-56,689 24.37% -141,640-114,742 23.44% Net financial income (loss) -52,919-37,759 40.15% -104,772-65,902 58.98% OTHER OPERATING INCOME (EXPENSES) Other operating income (expenses), net totaled R$ 4.8 million. This value is the result of higher income from resale of commercial points made in the end of the period. (CURRENT AND DEFERRED) INCOME TAX AND SOCIAL CONTRIBUTION In the 2Q16, income tax and social contribution values totaled R$6.4 million negative assets, a decrease of 44.7% compared to same period of the prior year. NET INCOME Iguatemi s net income in the second quarter of 2016 was R$35.0 million, 26.7% lower than the same period of 2015. The net margin was 21.52%. INDEBTEDNESS Iguatemi closed the second quarter of 2016 with Total Debt of R$2.03 billion and multiple Net Debt/EBITDA of 3.26x. Cash position in the 2Q16 was R$ 300.5 million, resulting in Net Debt of R$1.7 billion. Consolidated Data - R$ thousand 06/31/2016 % 12/31/2015 % TJLP (Long-term interest rate) 216,994 10.70% 269,268 12.93% TR (reference rate) 294,225 14.51% 299,788 14.39% CDI 1,426,682 70.34% 1,414,531 67.90% Others 90,405 4.46% 99,613 4.78% Short-term 337,959 16.66% 365,150 17.53% Non-current 1,690,347 83.34% 1,718,050 82.47% Total debt 2,028,306 2,083,200 Cash and cash equivalents 300,511 392,936 Net cash (debt) -1,727,795-1,690,264

HUMAN RESOURCES We have an experienced management team and consistently seek to align interests of our management and employees with those of our shareholders, through two variable remuneration mechanisms: Iguatemi Bonus Plan: Bonus program linked to achievement of short-term budget goals and operating goals. Amount distributed to each employee is linked to Key Performance Indicators (KPI s) of the Company and to individual KPI s. All our employees are eligible. Share purchase option plan: This plan is administered by our Board of Directors, which can, at its own discretion, grant stock options to our managers, employees and service providers. Stock options to be offered pursuant to the terms of Stock Option Plan will represent a maximum of 3% of total shares of our capital. Our policies in relation to our employees are based on retaining skilled employees, creation of management tools to improve efficiency, creation of additional opportunities for internal promotion, efficient training programs, performance evaluation and proper remuneration of our staff. In line with our announced strong ABL expansion plans, we revisited our Mission, Vision and Value in 2010, and created a methodology for evaluation and management of our human resources that rewards competences and desired behaviors. We believe that this tool, together with bonus plan linked to KPI s (Key Performance Indicators) must help the Company to achieve its growth goal without losing its identity and values that make of Iguatemi one of the 50 most valuable brands of Brazil. On June 30, 2016, Iguatemi had 313 employees. ENVIRONMENTAL PROGRAMS For more than 10 years, Iguatemi, always concerned with social and environmental aspects, implements sustainable actions that save water and reduce power consumption, as follows: Actions to reduce power consumption Migration to the Free Market (currently 9 shopping malls are in the free market) Continuous replacement of bulbs and equipment by new and more efficient technologies (Chillers, LED,...) Systems automation to improve malls efficiency (illumination, air-conditioning,...)

Actions to save water and increase self-sufficiency Artesian wells; Water and sewage treatment (ETE/ETA); Installation of saving equipment (aerators, toilets, saving valves,...) We develop our logistics processes (for example, recycling or selective collection) always taking environment into consideration. Each process is based on a vision and then gains objectives, goals and action plans. It is also noteworthy the practice of social actions of support to cooperatives that benefit low-income communities providing work of separating residues or reusing raw materials. INDEPENDENT AUDIT SERVICES COMPLIANCE WITH CVM INSTRUCTION NO. 381/2003 The Company and its subsidiaries started to use KPMG Auditores Independentes audit services beginning as of the first quarter of 2012. The Company's policy for contracting services other than external audit from our independent auditors follows principles that preserve the independent auditor s independence. According to internationally accepted principles, these principles are as follows: (a) an auditor should not audit its own work, (b) an auditor should not exercise management functions for its clients, and (c) an auditor should not promote its clients interest. In conformity with provisions of CVM Instruction no. 381/03, the Company did not contract and did not receive services provided by KPMG Auditores Independentes that were not related to external audit. Note: Non-financial data, such as ABL, sales and rentals, were not the object of review by our independent auditors. The Company is subject to arbitration in the court of arbitration of the market, pursuant to an arbitration clause contained in its bylaws.

Financial statements january 01, 2015 and june, 2016 Notes to the financial statements (Amounts expressed in Thousand of Reais - R$, unless otherwise indicated) 1 Operation Iguatemi Empresa de Shopping Centers S.A. ("Iguatemi" or "Company") with head office at Rua Angelina Maffei Vita, 200, in the city and state of São Paulo, is engaged in the commercial exploration and planning of shopping centers, the rendering of services of management of regional shopping centers and mixed-use real estate complexes, the purchase and sale of property, the exploration of short-stay parking lots, mediation in the leasing of promotional spaces, the preparation of studies, projects and planning in promotion and merchandising, the pursuit of other activities that are similar or related to its business purpose and holding of interest in other companies as a partner, shareholder or member in any other form permitted by law. The Company trades its shares on BM&FBOVESPA, under the ticker symbol of IGTA3. Projects ( malls ) are established as a building condominium and as consortium. Operations are recorded by the Company in its books of account proportionally to its ownership interest. Iguatemi and its investee companies hold an interest in specific real estate projects, mostly shopping centers, located in the South, Southeast and Mid-West regions of Brazil. Malls and commercial towers in operation are as follows: Interest % 06/30/16 12/31/2015 Direct Indirect Total Total Shopping Center Iguatemi São Paulo ( SCISP ) (d) 46.21 12.05 58.26 58.01 Shopping Center JK Iguatemi ( JK Iguatemi ) (a) - 64.00 64.00 64.00 Shopping Center Iguatemi Campinas ( SCIC ) 70.00-70.00 70.00 Shopping Center Iguatemi Porto Alegre ( SCIPA ) (b) - 36.00 36.00 36.00 Shopping Center Iguatemi Brasília ( SCIBRA ) 64.00-64.00 64.00 Shopping Center Iguatemi Alphaville ( SCIAlpha ) (f) - 78.00 78.00 78.00 Market Place Shopping Center ( MPSC ) (e) - 100.00 100.00 100.00 Praia de Belas Shopping Center ( PBSC ) 37.55-37.55 37.55 Shopping Center Iguatemi Florianópolis ( SCIFLA ) (b) - 30.00 30.00 30.00 Shopping Center Galleria ( SCGA ) (b) - 100.00 100.00 100.00 Esplanada Shopping Center ( SCESP ) (c) - 37.99 37.99 37.99 Shopping Center Iguatemi Ribeirão Preto ( SCIRP ) (h) - 88.00 88.00 88.00 Shopping Center Iguatemi São José Rio Preto ( SCIRIOP ) (i) - 88.00 88.00 88.00 Shopping Center Iguatemi Esplanada ( SCIESP ) (j) - 65.71 65.71 65.71 Shopping Center Iguatemi São Carlos ( SCISC ) 50.00-50.00 50.00 Platinum Outlet Premium Novo Hamburgo ( IFONH ) (g) - 41.00 41.00 41.00 Shopping Center Iguatemi Caxias ( SCICX ) 8.40-8.40 8.40 Boulevard Campinas 77.00-77.00 77.00 Praia de Belas Prime Offices 43.78-43.78 43.78 Market Place Tower ( MPT ) (e) - 100.00 100.00 100.00 Shopping Patio Higienópolis (k) - 11.20 11.20 11.20 19

(a) (b) (c) (d) (e) (f) (g) (h) (i) (j) Shopping Center JK Iguatemi, owned by investee JK Iguatemi Empreendimentos Imobiliários S.A was inaugurated on June 22, 2012. On April 11, 2014, an additional acquisition of 14% of undivided interest in the shopping center was made, totaling interest of 64%. Indirect interests in SCIFLA, SCIPA and SCGA are held through investees Shopping Center Reunidos do Brasil Ltda., Lasul Empresa de Shopping Centers Ltda. Galleria Empreendimentos Imobiliários Ltda, respectively. Iguatemi holds an indirect interest in SCESP of 37.08% and 0.91% through investees Amuco Shopping S.A. and Fleury Alliegro Imóveis Ltda., respectively. The indirect interest in SCISP is held through investee SISP Participações Ltda. The interests in MPSC and MPT are indirectly held through investees Market Place Participações e Empreendimentos Imobiliários Ltda and Market Place Torres Ltda, respectively. The indirect interest in SCIALPHA is held through investee SCIALPHA Participações Ltda. until May 31,2016. In June 30, 2016, it became the Ork Empreendimentos Imobiliários SPE Ltda. Interest in IFONH is indirect, through investee Iguatemi Outlets do Brasil Ltda. Interest in SCIRIOP is indirect of 55.50% through investee SCIRP Participações Ltda and 32.50% through investees CS41 Participações Ltda. Interest in SCIRIOP is indirect, through investee SJRP Iguatemi Empreendimentos Ltda. The indirect interest in SCIESP is held through investee CS41 Participações Ltda. (k) On July 31, 2015, Iguatemi acquired an indirect interest of 3.75% and on October 1, 2015 acquired an interest of 8.4% (8.15% by SPH1 and 9.15% by SPH2) from Fundação Conrado Wessel, and became the owner of a total interest of 11.2% in Shopping Patio Higienópolis through investee SPH1 Iguatemi Empreendimentos Imobiliários S.A. 2 Preparation basis and summary of the significant accounting practices 2.1 Basis of preparation Compliance statement Individual and consolidated quarterly information is the responsibility of the Company s management and include: Individual quarterly information, identified as Company, have been prepared in accordance with accounting policies adopted in Brazil, which include standards issued by the Brazilian Securities and Exchange Commission (CVM) and pronouncements, interpretations and guidelines of the Accounting Pronouncements Committee (CPC). Consolidated quarterly information have been prepared in accordance with accounting policies adopted in Brazil, which include corporate law, pronouncements, guidelines and technical interpretations issued by the Accounting Pronouncements Committee (CPC), confirmed by the Brazilian Securities and Exchange Commission (CVM) and in accordance with International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB). 20