CORPORATE GOVERNANCE REPORT Management and oversight of the Company 5 Florence Von Erb Member of the Audit Committee 58 years old – Graduate of HEC Paris, specializing in finance – French nationality Business address 26, boulevard des Capucines – 75009 Paris (France) Career Florence Von Erb began her finance career working at JP Morgan’s Paris, London and New York offices specializing in international securities markets. She held positions in the firm’s Treasury Department, Merchant Bank division, Latin America Debt Restructuring Unit and Equity Derivatives Group. In 2000, she joined Adair Capital, a New York-based investment management firm, where she served as Managing Director. She switched her focus to the not-for-profit world in 2004 when she became President and United Nations Representative of Make Mothers Matter International. In 2006, she co-founded Sure We Can Inc. Since 2014, she has been a member of the United Nations NGO Social Development Committee, the Commission on the Status of Women and the UN Family Committee, as well as serving as an Independent Director of Ipsos SA. Number of Klépierre shares: 150 Current appointments as of December 31, 2017 Klépierre > Member of the Audit Committee Outside Klépierre > Member of the Board of Directors: — Ipsos (listed company) — Ipsos Foundation Appointments expired during the last five fiscal years Klépierre None Outside Klépierre > Chairman: — Make Mothers Matter International > Co-founder: — Sure We Can Inc. > Member of the Board of Directors: — Fourpoints Board attendance rate in 2017 100% 100% Audit Committee attendance rate in 2017 KLÉPIERRE 2017 REGISTRATION DOCUMENT 227