Provide a detailed description of the key characteristics of the incentive schemes and remuneration policies linked to sustainability matters for members of the undertaking's administrative, management, and supervisory bodies, as required under Disclosure Requirement GOV-3.

Question

Accepted Answer

The STI and LTI of MB members includes an ESG component since 2017, in line with the Group’s Better Places roadmap. In summer 2023, under the guidance of the GNRC and in full alignment with the 2023 Remuneration Policy, it was agreed to review the ESG components of STI and LTI in 2024 so that the weighting of ESG metrics in MB STI and LTI reflect both market practice and the Company’s leadership on and commitment to sustainability, and to review the Group’s metrics used in light of the evolution of Better Places to support the environmental transition of cities and retail, as announced on October 10, 2023.

Unibail-Rodamco-Westfield

ESRS disclosure: GOV-3_02

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