CORPORATE GOVERNANCE REPORT 5Management and oversight of the Company John Carrafiell Chairman of the Audit Committee 52 years old – BA degree from Yale University – American nationality Business address 26, boulevard des Capucines – 75009 Paris (France) Career From 1987 to 2009, John Carrafiell was at Morgan Stanley: as Head of Real Estate Europe from 1995, a Managing Director from 1999, Global Co-Head of Real Estate from 2005, member of the Global Investment Banking Division Operating Committee from 2006 to 2007, and Global Co-Head and Co-CEO of Real Estate Investing from 2007. From 2009 to 2010, he was Founder and Managing Partner of Alpha Real Estate Advisors (UK). Since 2010 he has been a Co-Founder and Managing Partner of GreenOak Real Estate, a global real estate investment, management and advisory firm that has raised $8 billion of equity from institutional investors and has acquired (or managed) over $12 billion in real estate assets since 2011. Number of Klépierre shares: 60 Current appointments as of December 31, 2017 Klépierre > Chairman of the Audit Committee Outside Klépierre > Chairman: — Chelsea & Westminster Hospital NHS Foundation Trust Development Board (United Kingdom) — The Anna Freud National Centre for Children and Families Development Board (United Kingdom) — The Yale University School of Architecture Dean’s Council (United States) Appointments expired during the last five fiscal years Klépierre None Outside Klépierre > Director: — Grupo Lar (Spain) > Supervisory Board Member: — Corio N.V. (the Netherlands) Board attendance rate in 2017 89% 100% Audit Committee attendance rate in 2017 220 KLÉPIERRE 2017 REGISTRATION DOCUMENT