Klépierre - 2016 Notice of Meeting

Presentation of the othermembers of the Supervisory Board

BERTRAND JACQUILLAT - Chairman of the Audit Committee

CAREER Honorary Chairman of Associés en Finance and Vice Chairman of theCercle des Économistes, and Professor Emeritus at Institut d’études politiques de Paris, Bertrand Jacquillat has published several books and over a hundred articles, many of them in peer-reviewed scientific journals. Graduate of HEC, Institut d’Études Politiques de Paris, Harvard MBA, a doctorate in economics and financial management from the University Paris-Dauphine, and a law degree

Age: 71yearsold Nationality: French Business address: 26, boulevard des Capucines,75009Paris Date of first appointment: April12,2001 Period of appointment: April14,2015-2016AGM Number of shares: 1,300

CURRENT APPOINTMENTS AS PER DECEMBER 31, 2015 Honorary Chairman of Associés en Finance Member of the Supervisory Board of the Presses Universitaires de France APPOINTMENTS EXPIRED DURING THE LAST FIVE YEARS Director of Total

Main position outside the Company: Professoremeritusat Institutd’ÉtudesPolitiques deParis Main position within the Company: MemberoftheSupervisory Board–Independent member

STEVEN FIVEL - Chairman of the Sustainable Development Committee, Member of the Investment Committee, Member of the Nomination and Compensation Committee CAREER

Age: 55yearsold Nationality: American Business address: 26, boulevard des 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 Assistant General Counsel: . Simon Property Group, Inc. (listed company) . Simon Property Group (Delaware), Inc. . The Retail Property Trust

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 transaction as an Attorney. In 1997, he joined BrightPointandoccupiedthefunctionsofExecutiveVice President, General Counsel and Secretary. InMarch 2011 he joined Simon Property Group as Assistant General Counsel andAssistant Secretary where he is in charge of the Development Legal department, Operations Legal Department and Tax Department. B.S. degree from Indiana University and J.D. from The John Marshall Law School of Chicago

. M.S. Management Associates, Inc. . Simon Management Associates, LLC APPOINTMENTS EXPIRED DURING THE LAST FIVE YEARS

Chairman of the Supervisory Board of SCAKlémurs Executive Vice President, General Counsel &Secretary: . BrightPoint, Inc. . BrightPoint North America, Inc. Chief Executive Officer, Executive Vice President, General Counsel &Secretary of BrightPoint International Ltd Director of BrightPoint Latin America, Inc. Managing Director of BrightPoint Holdings, B.V.

Main position outside the Company: AssistantGeneralCounsel andAssistantSecretaryof SimonPropertyGroup,Inc. Main position within the Company: MemberoftheSupervisory Board

KLÉPIERRE – NOTICE OF MEETING – GENERAL MEETING OF APRIL 19, 2016 11