The Group is a member of professional organisations such as the Federation of Commerce Players in Territories (FACT) and its sustainability group, the French Association of Private Businesses (AFEP), and the Sustainable Development Committee of the French listed property federation (Fédération des Entreprises Immobilières, FEI).

In Europe, any form of political donation or in-kind or financial contributions are strictly prohibited by the Group. In the US, URW has a network of lobbyists under the authority of the Director of Public Affairs, which provides recommendations and assists URW to make political donations under the strict control of the US General Counsel, in accordance with applicable laws and URW's relevant policies and after authorisation from the US COO. As a corporation doing business in the US, URW is prohibited under federal law and the laws of certain states from making political contributions, including in-kind contributions, and therefore does not make such contributions where such contributions are prohibited. In 2023, URW's political contributions in US equaled €30,000 in aggregate.

In 2023, URW's political contributions in US equaled €30,000 in aggregate.

In 2023, URW's political contributions in US equaled €30,000 in aggregate.

The Group's political engagement covers topics primarily related to reducing organised retail crime, systemic homeless and addiction, as well as addressing tax increase measures at the federal, state and local levels.

URW strictly abides by the legal requirements to annually declare and disclose French lobbying activities on the French High Authority for Transparency in Public Affairs ("HATVP") dedicated platform, through its French subsidiary Unibail Management SAS.

The Group is a member of professional organisations such as the Federation of Commerce Players in Territories (FACT) and its sustainability group, the French Association of Private Businesses (AFEP), and the Sustainable Development Committee of the French listed property federation (Fédération des Entreprises Immobilières, FEI).

To raise awareness and entrench the compliance culture within the Group, employees are required to participate in an annual and mandatory e-training, covering ethics and compliance topics such as the prevention of corruption and influence peddling (the ACP). As of December 31, 2023, 80% of URW staff have completed the online training. In addition to the online training, the most exposed departments identified in the URW corruption risk mapping (investment, development, public affairs, and procurement) are required to attend classroom training. Several training sessions were held throughout the Group, hosted by the Local Compliance Correspondents (LCC) in local languages. Finally, an ACP training session was attended by all Supervisory Board, Management Board and Executive Committee members. The objective was to present actions implemented to comply with the Sapin II Law.

To raise awareness and entrench the compliance culture within the Group, employees are required to participate in an annual and mandatory e-training, covering ethics and compliance topics such as the prevention of corruption and influence peddling (the ACP). As of December 31, 2023, 80% of URW staff have completed the online training. In addition to the online training, the most exposed departments identified in the URW corruption risk mapping (investment, development, public affairs, and procurement) are required to attend classroom training. Several training sessions were held throughout the Group, hosted by the Local Compliance Correspondents (LCC) in local languages. Finally, an ACP training session was attended by all Supervisory Board, Management Board and Executive Committee members. The objective was to present actions implemented to comply with the Sapin II Law.

As of December 31, 2023, the Management Board ('MB') is composed of 5 members.