Unibail-Rodamco announces nominations to the Management Board (FR/NL)

The Supervisory Board of Unibail-Rodamco announces the appointment of Mr Cuvillier as a member of the Management Board of the company with effect as of June 1, 2011*. Mr Cuvillier will assume the role of Chief Operating Officer ('Directeur Général Opérations'), previously held by Mr Dessolain, and will be responsible for operations and retail management: defining retail asset strategy, leasing, specialty leasing, shopping center management, marketing as well as maintenance and purchasing.

Prior to joining Unibail-Rodamco, Mr Cuvillier held various positions within the PPR Group from 2000; notably, CEO of FNAC from 2008 to 2010 and CEO of Conforama from 2005 to 2008. Prior to PPR, he spent 14 years with the Luxury Products Division of the L'Oreal Group, both in France and abroad. Born in 1962, Mr Cuvillier is a French national and a graduate of HEC.

The Supervisory Board of Unibail-Rodamco announces the appointment of Mr Dessolain, member of the Management Board of the Company, as Chief Strategy Officer ('Directeur Général de la Stratégie') with effect as of June 1, 2011.

In this role, Mr Dessolain will support the CEO in the definition of Unibail-Rodamco's strategy and the evolution of its retail business, participate in all investment reviews and project development definitions, support negotiations with key identified international retail tenants and, more globally, offer his large retail expertise to all ad hoc initiatives where this expertise is key.

Mr Dessolain first joined Unibail in 1997 and has been a member of the Unibail-Rodamco Management Board since 2007.

*subject to Dutch Financial Market Authorities (AFM) approval

Source: Unibail-Rodamco

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