On December 23, 2020, the Supervisory Board (SB) of Unibail-Rodamco-Westfield SE, upon the recommendation of its Governance and Nomination Committee (GNC), decided to coopt Ms Cécile Cabanis as Member of the SB. She is also appointed as Chairwoman of the Audit Committee. The SB also decided to coopt Ms Julie Avrane-Chopard as member of the SB and member of its AC. These two cooptations will be subject to ratification by the next Shareholders’ Meeting of URW, on May 12, 2021. For simplification purposes, effective January 1, 2021, the SB also decided to combine the GNC and the Remuneration Committee (RC) to form a Governance, Nomination and Remuneration Committee (GNRC), to be chaired by Mr. Roderick Munsters, the current RC Chairman. The SB also agreed on Colin Dyer stepping down from the GNC and RC and joining the AC, effective January 1, 2021. For simplification purposes, effective January 1, 2021, the SB also decided to combine the GNC and the Remuneration Committee (RC) to form a Governance, Nomination and Remuneration Committee (GNRC), to be chaired by Mr. Roderick Munsters, the current RC Chairman. The SB also agreed on Mr. Colin Dyer stepping down from the GNC and RC and joining the AC, effective January 1, 2021. Cécile Cabanis is currently Executive Vice-President, Chief Financial Officer, Technology & Data, Cycles & Procurement, member of the Executive Committee and Vice-Chair of the Board of Directors of Danone. Julie Avrane-Chopard is a former Senior Partner with McKinsey & Company in France, focused on High Technology, Advanced Industries and Talent/Future of work.