GECINA - REFERENCE DOCUMENT 2017

BOARD OF DIRECTORS’ REPORT ON CORPORATE GOVERNANCE

Governance

BERNARD MICHEL, Chairman of the Board of Directors

OFFICES HELD AT DECEMBER 31, 2017 Chairman of the Gecina Corporate Foundation ■ Member of the Supervisory Board of UNOFI ■ SAS Chairman of the Board of UNOFI gestion ■ d’actifs SA Chairman of BM Conseil SASU ■ Director of MEDEF Paris ■ Elected member of the Chamber of Commerce ■ and Industry of the greater Paris area Gecina representative, member of the Executive ■ Committee of the Palladio Foundation Chairman of the Board of Directors and ■ member of the Audit Committee of Viparis Holding SA Member of the Audit Committee of Viparis ■ Porte de Versailles SNC

OFFICES AND FUNCTIONS EXERCISED DURING THE PAST FIVE YEARS AND TERMINATED CEO of Gecina ■ Chairman of CA Grands Crus SAS ■ Director of the holding company La Sécurité ■ Nouvelle SA Corporate officer in most Gecina subsidiaries ■ Chairman of the Supervisory Board of Finogest ■ SA Observer for Sopra group (1) ■ Chairman of the Corsica Crédit Agricole ■ Foundation Director of EPRA ■

Member of the Strategic and Investment Committee

AGE: 69 years old NATIONALITY: French

ATTENDANCE RATE AT BOARD MEETINGS: 100% ATTENDANCE RATE AT STRATEGIC AND INVESTMENT COMMITTEE MEETINGS: 100%

BRIEF RESUME A graduate of the École nationale des impôts and General Inspector of Finances, he began his career at the Direction générale des impôts (1970-1983) then joined the Inspection générale des finances to carry out audit and control engagements (1983-1987). He joined the GAN group in 1987 as Director. He was then appointed Director of Life Assurance Management (1990-1993), Chairman of Socapi (GAN and CIC life assurance company) (1992-1996), Deputy-CEO and Executive Vice President of Assurances France (1993-1996). He was Chairman of the Banque Régionale de l’Ouest (CIC) from 1994 to 1996 and in parallel Chairman of the retirement fund of the CIC group. Joined the CNCA (now Crédit Agricole SA) In 1996, as Secretary General and member of the Executive Committee of Crédit Agricole SA. Two years later, he was appointed Deputy CEO, a position he held until 2003. He was in charge of the Technologies, Logistics and Banking Services cluster in particular, and was appointed Chairman of Crédit Agricole Immobilier. Since 2003, Bernard Michel has been Deputy Director of Operations and Logistics then Director of Operations and Logistics of Crédit Agricole SA, Director of the Real Estate, Purchasing and Logistics Department, and Vice-Chairman of Predica, before being appointed CEO of Predica in 2009, Director of the Crédit Agricole Assurances Department. Since February 16, 2010, he has been Chairman of the Board of Directors of Gecina and also performed, from October 4, 2011 to June 3, 2013, the duties of Chief Executive Officer for Gecina. Furthermore, as part of his duties as an elected member of the Chamber of Commerce and Industry of the greater Paris area, he is Chairman of the Board of Directors and member of the Audit Committee of Viparis Holding.

FIRST APPOINTMENT: GM of 05/10/2010 OFFICE EXPIRY DATE:

05

GM 2018 DOMICILED: 14-16, rue des Capucines 75002 Paris NUMBER OF SHARES HELD: 46

Listed company. (1)

135

GECINA - REFERENCE DOCUMENT 2017