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www.christiesrealestate.com - An invitation-only real estate network composed of the leading luxury real estate brokerages in their local markets - Specializing in luxury properties valued at US$1 million and above - Network achieved US$115 billion in sales in 2016 - Corporate offices in New York, London, Hong Kong, Los Angeles, Palm Beach, and Moscow - Founded in 1766 by James Christie - Approximately 350 sales annually in 80 categories - Achieved global art sales of £4 bllion (US$5.4 billion) in 2016 - The first international fine art auction house to operate independently in mainland China, now with offices opened in Shanghai and Beijing The Playboy Mansion US$105 million Los Angeles, California Hilton & Hyland Historic Queen Sofia Mansion US$29.5 million New York, New York Brown Harris Stevens The Kluge Estate US$39 million Palm Beach, Florida Brown Harris Stevens Meule (Grainstack) Claude Monet Price Realized: $81.4 million Untitled XXV Willem de Kooning Price Realized: $66.3 million Lot and his Daughters Sir Peter Paul Rubens Price Realized: £44.8 million Claude Monet’s Meule (Grainstack) achieved a world auction record for the artist when it realized US$81,447,500 in New York’s Impressionist and Modern Art Evening Sale in November 2016 Los Angeles, California’s Playboy Mansion sold in August 2016 for US$105 million, the most expensive home ever sold in Los Angeles At a Glance: Christie’s International Real Estate Christie’s 2016 SALES HIGHLIGHTS 2016 SALES HIGHLIGHTS

At a Glance: Christie’s International Real Estate

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Page 1: At a Glance: Christie’s International Real Estate

www.christiesrealestate.com

- An invitation-only real estate network composed of the leading luxury real estate brokerages in their local markets

- Specializing in luxury properties valued at US$1 million and above

- Network achieved US$115 billion in sales in 2016

- Corporate offices in New York, London, Hong Kong, Los Angeles, Palm Beach, and Moscow

- Founded in 1766 by James Christie

- Approximately 350 sales annually in 80 categories

- Achieved global art sales of £4 bllion (US$5.4 billion) in 2016

- The first international fine art auction house to operate independently in mainland China, now with offices opened in Shanghai and Beijing

The Playboy Mansion

US$105 million Los Angeles, California Hilton & Hyland

Historic Queen Sofia Mansion

US$29.5 million New York, New York Brown Harris Stevens

The Kluge Estate

US$39 million Palm Beach, Florida Brown Harris Stevens

Meule (Grainstack) Claude Monet Price Realized: $81.4 million

Untitled XXV Willem de Kooning Price Realized: $66.3 million

Lot and his Daughters Sir Peter Paul Rubens Price Realized: £44.8 million

Claude Monet’s Meule (Grainstack) achieved a world auction record for the artist when it realized US$81,447,500 in New York’s Impressionist and Modern Art Evening Sale in November 2016

Los Angeles, California’s Playboy Mansion sold in August 2016 for US$105 million, the most expensive home ever sold in Los Angeles

At a Glance: Christie’s International Real Estate

Christie’s

2016 SALES HIGHLIGHTS

2016 SALES HIGHLIGHTS

Page 2: At a Glance: Christie’s International Real Estate

CHRISTIE'S INTERNATIONAL REAL ESTATE REACHES ACROSS THE GLOBE WITH A NETWORK OF 141 AFFILIATES WORLDWIDE.

LOS ANGELESPALM BEACH

NEW YORK

LONDON

MOSCOW

HONG KONG

CHRISTIE'S AUCTION HOUSE OFFICES

CHRISTIE'S INTERNATIONAL REAL ESTATE OFFICES

AFFILIATE LOCATION

Christie's International Real Estate 141 Affiliated brokerages1,200 offices32,000 agents46 countries

Christie's Auction House 10 salesrooms46 countries

* As of March 31, 2017

Page 3: At a Glance: Christie’s International Real Estate

www.christiesrealestate.com

Comparative Network Metrics

Sales Volume*

US$115B

1,20032,000

20,000

880

US$95B

Number of offices*

Number of agents*

62 Million

42 Million

Annual website visits**

* Source: Sotheby’s International Realty press release published February 27, 2017, “The Sotheby’s International Realty® Brand Achieved $95 Billion in Global Sales Volume for 2016”; Christie’s International Real Estate network–2016 annual sales volume as reported by affiliated brokerages and network metrics as reported by affiliated brokerages worldwide as of March 31, 2017.

** Source: Sothebysrealty.com and all Sotheby’s International Realty affiliate websites with measurable traffic as per reporting on similarweb.com; Christiesrealestate.com web traffic for 2016 aggregated with 2016 traffic data from the websites of affiliated brokerages from the Christie’s International Real Estate network.

Page 4: At a Glance: Christie’s International Real Estate

www.christiesrealestate.com

Extraordinary Luxury Properties, Unmatched International Scope 15,600 PROPERTIES VALUED AT US$61 BILLION ON CHRISTIESREALESTATE.COM*

2%5%

12%

18%

63%

$1M - $3M USD $10M - $20M USD

$3M - $5M USD >$20M USD

$5M - $10M USD

EXCLUSIVELY FOR HIGH-VALUE HOMES Properties by price (number of properties)

EXCLUSIVELY FOR HIGH-VALUE HOMES Number of properties by region

25%

Northeast U.S. and Canada

Europe, Middle East and Africa

Southeast U.S., South America and Caribbean

Asia PacificWestern U.S. and Canada

33%

24%

11%

7%

* As of April 27, 2017