The governance structure of Unibail-Rodamco-Westfield SE ("URW SE") is detailed in section 2.2 Management and supervisory bodies. As of December 31, 2023, the Management Board ("MB") is composed of 5 members and chaired by Mr Jean-Marie Tritant. In addition to overseeing the Human Resources, Sustainability and Information Technology departments, Sylvain Montcouquiol, the Chief Sustainability and Resources Officer, supervises the implementation of the Better Places roadmap (Environmental Transition, Sustainable Experiences and Thriving Communities). The sustainability governance and the Better Places programme are built around 2 priorities: Monitoring sustainability performance by ensuring that the objectives of the Better Places programme are fully integrated into the Group’s business and decision-making processes; and Engaging all stakeholders and employees of the Group in order to collectively achieve the objectives of the Better Places Roadmap. The Supervisory Board (SB) oversees the sustainability programme as part of its regular business reviews and discusses the sustainability roadmap during its strategy sessions. The AC is provided with comprehensive information on sustainability matters. It oversees the sustainability reporting process, the effectiveness of internal control and risk management systems in relation to sustainability, and where appropriate, internal audits in relation to sustainability reporting. The GNRC oversees social and governance matters. This includes data on URW’s Diversity Policy, as well as social and governance practices, compliance, ethics and human resources. It regularly reviews and assesses the effectiveness of the actions in place, making necessary adjustments to enhance the Group’s performance. This approach ensures that social and governance matters are integrated into URW’s core business strategy, promoting long-term value creation for all stakeholders. The Management Board (MB) and the Executive Committee (EC) act as the Group Sustainability Steering Committee by defining the strategy and key Group policies, and by monitoring the implementation of the sustainability programme. They are responsible for advancing URW’s Better Places sustainability roadmap and they are actively involved in the decision-making process regarding sustainability initiatives, ensuring that the Group’s business operations align with its commitment to sustainable development. They report on progress and results to the SB. The MB and EC are chaired by the CEO. The Chief Operating Officers ("COO’s") are members of the EC. There may be instances where ad hoc meetings are convened. These meetings serve to brief them on specific topics that necessitate local input, roll-out and approval. This approach ensures that all of URW’s geographical regions are incorporated into the sustainability decision-making process.