CORPORATE GOVERNANCE REPORT Management and oversight of the Company 5 Steven Fivel Chairman of the Sustainable Development Committee Member of the Nomination and Compensation Committee Member of the Investment Committee 57 years old – BS degree in Accounting from Indiana University and J.D. from The John Marshall Law School of Chicago – American nationality Business address 26, boulevard des Capucines – 75009 Paris (France) Career Steven Fivel began his career as Deputy Attorney General at the Office of the Attorney General of the State of Indiana. In 1988 he handled shopping center finance transactions, real estate development and re-development transactions, joint ventures and corporate transactions as an attorney. In 1997, he joined BrightPoint and occupied the functions of Executive Vice President, General Counsel and Secretary. In March 2011 he joined Simon Property Group as Assistant General Counsel and Assistant Secretary where he is in charge of Development and Operations, the Legal Department, and Operations within the Tax Department. Steven Fivel was appointed General Counsel and Secretary of Simon Property Group Inc. on January 1, 2017. Number of Klépierre shares: 62 Current appointments as of December 31, 2017 Klépierre > Chairman of the Sustainable Development Committee > Member of the Nomination and Compensation Committee > Member of the Investment Committee Outside Klépierre None Appointments expired during the last five fiscal years Klépierre > Chairman of the Supervisory Board of Klémurs Outside Klépierre None Board attendance rate in 2017: 100% 100% Investment Committee attendance rate in 2017: 100% Sustainable Development Committee attendance rate in 2017: 100% Nomination and Compensation Committee attendance rate in 2017: KLÉPIERRE 2017 REGISTRATION DOCUMENT 223