Klépierre - 2016 Notice of Meeting

Presentation of the othermembers of the Supervisory Board

DAVID SIMON - Chairman of the Supervisory Board and of the Investment Committee CAREER

Age: 54yearsold Nationality: American Business address: 2 6,boulevarddes Capucines,75009Paris Date of first Period of appointment: April14,2015-2018AGM Number of shares: 62 appointment: March14,2012

CURRENT APPOINTMENTS AS PER DECEMBER 31, 2015 Director, Chairman of the Board of Directors and Chief Executive Officer: . Simon Property Group, Inc. (listed company) . Simon Property Group (Delaware), Inc. . The Retail Property Trust . M.S. Management Associates, Inc. Chairman of the Board and Chief Executive Officer: . Simon Management Associates, LLC . CPGHoldings, LLC APPOINTMENTS EXPIRED DURING THE LAST FIVE YEARS -

David Simon is Chairman of the Board and Chief ExecutiveOfficerof Indianapolis-based Simon Property Group,Inc.He joinedtheorganization in1990.In1993he led the efforts to take Simon Property Group public. He became Chairman of the Board of Directors and CEO in 1995. Before joining the organization, he was a Vice President ofWasserstein Perella&Co., aWall Street firm specializing in mergers and acquisitions and leveraged buyouts. He is a member and former Chairman of the National Association of Real Estate Investment Trusts (NAREIT) Board of Governors and is a former trustee of the International Council of Shopping Centers (ICSC). B.S. degree from Indiana University and MBA from Columbia University’s Graduate School of Business

Main position outside the Company: ChairmanoftheBoardand ChiefExecutiveOfficerof SimonPropertyGroup,Inc. Main position within the Company: Chairmanofthe SupervisoryBoard

JOHN ANTHONY CARRAFIELL - Member of the Audit Committee

CAREER From 1987 to 2009, John Anthony Carrafiell worked at Morgan Stanley: from 1995, as Head of Real Estate Europe and from 1999, as a member of the Operating Committee of the European Investment Banking Division. 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. Graduate of Arts degree from Yale University (Bachelor)

Age: 50yearsold Nationality: American Business address: 26, boulevard des Capucines,75009Paris Date of first appointment: December11,2014(with effect fromJanuary15,2015) Period of appointment: December11,2014–2018 AGM Number of shares: 60

CURRENT APPOINTMENTS AS PER DECEMBER 31, 2015 Co-founder andManaging partner of GreenOak Real Estate APPOINTMENTS EXPIRED DURING THE LAST FIVE YEARS Member of the Supervisory Board of Corio Member of the Board of Directors of Grupo Lar (Spain)

Main position outside the Company: Co-founderandManaging partnerofGreenOakReal Estate Main position within the Company: MemberoftheSupervisory Board–Independent member

JEROEN DROST - Member of the Investment Committee

CAREER In 1986, Jeroen Drost began his career with ABN AMRO in Amsterdam where he held several positions. Particularlyfrom1992to1994,hewastheHeadofMerger and Acquisitions of Central and Eastern Europe. From 1995 to 1996, heworked asHead of Corporate Finance of CentralandEasternEurope.In2000,hewasthedirector of Investment Banking and special finance of the Dutch division. Finally from2006 to 2008, he worked as Chief Executive Officer Asia at ABN AMRO Bank of Hong Kong. From 2008 to 2014, he was the Chief Executive Officer of NIBC Bank NV in The Hague. Since February 2015, he has beenManagingDirector of NPMCapital NV. Master in Economies and Master of Dutch Law from Erasmus University Rotterdam (The Netherlands)

Age: 54yearsold Nationality: Dutch Business address: 26, boulevard des Capucines,75009Paris Date of first appointment: December11,2014(with effect fromJanuary15,2015) Period of appointment: December11,2014–2018 AGM Number of shares: 60

CURRENT APPOINTMENTS AS PER DECEMBER 31, 2015 Supervisory Boardmember: . Dura Vermeer NV (the Netherlands) . AON Groep Nederland BV (the Netherlands) . NL Healthcare (the Netherlands) . NVDU Acquisition BV (the Netherlands) . Vanderlande Industries Holding BV (the Netherlands) APPOINTMENTS EXPIRED DURING THE LAST FIVE YEARS Chief Executive Officer of NIBCBank NV, The Hague (The Netherlands) Boardmember of Nederlandse Vereniging van Banken (Dutch Bankers Association), The Netherlands Non-executivemember Managing Board of Fidea NV (Belgium) Supervisory Boardmember of Vesteda Residential Fund (The Netherlands) Boardmember of StrichtingWTC The Hague (The Netherlands)

Main position outside the Company: ManagingDirectorNPM CapitalNV Main position within the Company: MemberoftheSupervisory Board

KLÉPIERRE – NOTICE OF MEETING – GENERAL MEETING OF APRIL 19, 2016 10