On December 17, 2020, the Supervisory Board of Unibail-Rodamco-Westfield N.V. ("URW NV") met and took note of the resignation of the Vice-Chairman and Member of the Supervisory Board, Mr. Jaap Tonckens with effect January 4, 2021. URW NV announces that Mr. Fabrice Mouchel will be nominated for appointment as Member of the Supervisory Board at the annual general meeting in 2021. The Supervisory Board also took note of the resignation of Mr. Alec Pelmore with effect January 4, 2021.