ASIC registers Westfield Securityholder Booklet for proposed acquisition by Unibail-Rodamco of Westfield; Independent Expert expresses positive opinion

The Securityholder Booklet includes a report by an Independent Expert, which concludes that the Transaction is in the best interests of Westfield securityholders, in the absence of a superior proposal.

Meetings of Westfield securityholders are to be held on May 24, 2018 (Sydney), to vote on the schemes of arrangement to approve the Transaction.

This represents another major step forward in the Transaction, following the filing and approval of Unibail-Rodamco's documentation by the French Financial Markets Authority (Autorite des Marches Financiers) (AMF) and Dutch Authority for the Financial Markets (Autoriteit Financiele Markten) (AFM).

As announced previously, the Transaction has been unanimously recommended by Westfield's Board of Directors as well as by Unibail-Rodamco's Management Board and Supervisory Board, and remains subject to the approval of Unibail-Rodamco shareholders and of Westfield securityholders, and to other customary conditions described in the Implementation Agreement dated December 12, 2017.

Copies of the 2017 Registration Document, the Prospectus and the Document E may be obtained free of charge from Unibail-Rodamco at 7 place du Chancelier Adenauer, 75016 Paris, France and can also be downloaded from Unibail-Rodamco's website (http://www.unibail-rodamco.com^[2]) and from the AMF's website (http://www.amf-france.org^[3]). Copies of the Prospectus may also be obtained free of charge from WFD Unibail-Rodamco N.V. at Schiphol Boulevard 371 Tower H, 1118 BJ Schiphol (Haarlemmermeer), The Netherlands and can be downloaded from WFD Unibail-Rodamco N.V.'s website (http://www.wfd-unibail-rodamco-nv.com^[4]) and from the AFM's website (http://www.afm.nl^[5]).

Timetable of the Westfield Transaction

The Transaction remains subject to the conditions described in the Implementation Agreement.

Achieved milestonesDecember 12, 2017 Announcement of the TransactionJanuary 8, 2018 Unanimous positive opinions of the EEC and the Unibail-Rodamco's UES works councilsMarch 27, 2018 Unibail-Rodamco interim dividend ex-dividend dateMarch 28, 2018 FIRB Regulatory ApprovalMarch 28, 2018 Approval of the Prospectus by the AMF and the AFM; Approval of the Document E by the AMFMarch 29, 2018 Unibail-Rodamco interim dividend payment dateApril 3, 2018 Publication of the AGM documentationApril 12, 2018 First Australian Scheme Court hearing; Publication of the Securityholder Booklet and of an Independent Expert report

Future milestonesMay 17, 2018 Unibail-Rodamco AGMMay 24, 2018 Westfield Scheme Meetings*May 28, 2018 Unibail-Rodamco final dividend ex-dividend dateMay 29, 2018 Second Australian Scheme Court hearing*May 30, 2018 Unibail-Rodamco final dividend payment dateMay 30, 2018 Effective Date*June 7, 2018 Implementation Date**Subject to Australian regulatory process

For further information, please contact:Investor RelationsMaarten OtteD: + 33 1 76 77 58 02[email protected]^[6]

Media RelationsNathalie FeldD: +33 1 53 43 57 94[email protected]^[7]

About Unibail-Rodamco

Created in 1968, Unibail-Rodamco SE is Europe's largest listed commercial property company, with a presence in 11 Continental European countries, and a portfolio of assets valued at EUR 43.1 billion as of December 31, 2017. As an integrated operator, investor and developer, the Group aims to cover the whole of the real estate value creation chain. With the support of its ca. 2,000 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres in major European cities and large offices and convention & exhibition centres in the Paris region.

The Group distinguishes itself through its focus on the highest architectural, city planning and environmental standards. Its long term approach and sustainable vision focuses on the development or redevelopment of outstanding places to shop, work and relax. Its commitment to environmental, economic and social sustainability has been recognised by inclusion in the FTSE4Good and STOXX Global ESG Leaders indexes.

The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It benefits from an A rating from Standard & Poor's and Fitch Ratings.

For more information, please visit our website: www.unibail-rodamco.com^[8]

Unibail-Rodamco:ASIC registers Westfield Securityholder Booklethttp://hugin.info/136618/R/2183948/843644.pdf ^[9]

Topic: Press release summary http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

1. ^{^} https://www.westfieldcorp.com/ (www.westfieldcorp.com)
2. ^{^} http://www.unibail-rodamco.com (www.unibail-rodamco.com)
3. ^{^} http://www.amf-france.org (www.amf-france.org)
4. ^{^} http://www.wfd-unibail-rodamco-nv.com (www.wfd-unibail-rodamco-nv.com)
5. ^{^} http://www.afm.nl (www.afm.nl)
6. ^{^} [email protected] (www.acnnewswire.com)
7. ^{^} [email protected] (www.acnnewswire.com)
8. ^{^} www.unibail-rodamco.com (www.unibail-rodamco.com)
9. ^{^} http://hugin.info/136618/R/2183948/843644.pdf (hugin.info)