GECINA - REFERENCE DOCUMENT 2017

01

PRESENTATION OF THE GROUP Shareholder-centered governance

SHAREHOLDER-CENTERED GOVERNANCE 1.4

STRUCTURE OF THE BOARD OF DIRECTORS

50% independent directors Directors and Observer with strong executive and international experience, coming from different fields: real estate, banks, insurance, industry

50% men 1 Average number of corporate offices held by the Directors in some publicly traded companies outside of the Gecina Group

directors 10

50% women

Separation of the duties of Chairman and Chief Executive Officer

4 years Termof office:

ACTIVITIES OF THE BOARD OF DIRECTORS IN 2017

100% attendance rate

9 meetings

1 new Executive Management to accelerate implementation of the strategy

1 evaluation of the work of the Board and its Committees

1 day of asset visits

1 formal meeting with Executive Committee members

20 GECINA - REFERENCE DOCUMENT 2017

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