Gecina’s governance: Board of Directors’ proposals for the 2018 Annual General Meeting

Regulatory News:

Gecina’s (Paris:GFC) Board of Directors decided, during its meeting on February 21, 2018 based on Governance, Appointments and Compensation Committee’s recommendation, to submit the following proposals at the Annual General Meeting to be held on April 18, 2018 which will approve the financial statements for the year ended December 31, 2017:

• The renewal of the mandate of Mrs Méka Brunel and Mr Jacques-Yves Nicol as directors for four years;
• The Board of Directors acknowledged Mrs Isabelle Courville’s resignation from her position as a director with effect from the Annual General Meeting on April 18, 2018 and thanked her for all her contributions;
• The appointment of Mrs Gabrielle Gauthey as a director for four years. Mrs Gauthey, an Ecole Polytechnique and Telecom ParisTech graduate and Mines ParisTech engineer, is currently Director of Local Development and Investment and a member of the management committee of the Caisse des Dépôts Group, a French public institution;

  The appointment of Mr Bernard Carayon as a director for four years, replacing Mr Bernard Michel, whose term of office has ended.

The Board of Directors will be proposing Mr Bernard Carayon’s appointment as Chairman of the Board of Directors following the General Shareholders’ Meeting, once he has been elected as a director by the General Meeting.

During its work, the Board of Directors warmly thanked Mr Bernard Michel for everything he has contributed to Gecina’s results, positioning and reputation. Mr Bernard Michel, Chairman of the Board of Directors since February 2010 and also Chief Executive Officer from October 2011 to June 2013, has been a major contributor to Gecina’s transformation. The Board wished him every success with his future activities.

Bernard Michel: "Gecina is a leading company in Europe today. My mission has been accomplished following my terms as Chairman of the Board of Directors, marked by Gecina’s financial restructuring, the transformation of its shareholding structure and its development. Gecina has also become an exemplary company for Corporate Social Responsibility, Gender Equality and Innovation.

Following the General Meeting, I will be focusing on my role as Chairman of VIPARIS (exhibitions and entertainments) as the representative of the Paris and Paris Region Chamber of Commerce and Industry, and I will also be taking on new challenges, linked in particular to the digital revolution and practices for the real estate industry with the Real Estech association.”

Gecina, living the city in a different way

Gecina owns, manages and develops property holdings worth 19.6 billion euros at end 2017, with nearly 93% located in the Paris Region. The Group is building its business around France’s leading office portfolio and a diversification division with residential assets and student residences. Gecina has put sustainable innovation at the heart of its strategy to create value, anticipate its customers’ expectations and invest while respecting the environment, thanks to the dedication and expertise of its staff.

Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the SBF 120, Euronext 100, FTSE4Good, DJSI Europe and World, Stoxx Global ESG Leaders and Vigeo indices. In line with its community commitments, Gecina has created a company foundation, which is focused on protecting the environment and supporting all forms of disability.

www.gecina.fr

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