Brookfield Property REIT Inc. appointed Mr. Scott Cutler to the Board, effective February 6, 2019. Mr. Cutler currently serves as Senior Vice President, Americas Marketplace of eBay Inc. and he has served in that role since 2017. Mr. Cutler previously served as President of StubHub. from 2015 to 2017. Prior to joining eBay Inc., Mr. Cutler spent nine years at the New York Stock Exchange. Prior to his career at the New York Stock Exchange, Mr. Cutler spent several years in investment banking. Mr. Cutler is a member of the board of directors of Brookfield Property Partners Limited (the “BPY General Partner”), the general partner of Brookfield Property Partners L.P., and serves on the board of the Mental Health Association of New York City and on the National Advisory Committee of the BYU Marriott School of Management. Effective on February 6, 2019, Mr. Cutler will become eligible to receive the standard compensation provided by the Company to its other independent directors.