On August 16, 2013, John G. Schreiber and Cyrus Madon tendered their resignations as directors of General Growth Properties Inc., effective August 20, 2013. At the time they tendered their resignations, Mr. Schreiber was chair of its compensation committee and Mr. Madon was a member of its Compensation Committee. On August 22, 2013, the company's board of directors appointed Daniel B. Hurwitz and Brian Kingston to the
board of directors of the company. Mr. Hurwitz is the chief executive officer of DDR Corp., a position he assumed in January 2010. Mr. Hurwitz served as president and chief operating officer of DDR from May 2007 through December 2009 and as senior executive vice president and chief investment officer from May 2005 to May 2007. Mr. Kingston is a senior managing partner at Brookfield Asset Management Inc., and is global chief investment officer for Brookfield Property Group, a position he assumed in January 2013.