Annual General Meeting approves all agenda items with large majorities

Frankfurt am Main, August 22, 2024

Press release of the Branicks Group AG

Branicks Group AG: Annual General Meeting approves all agenda items with large majorities

• Jürgen Josef Overath elected to the Supervisory Board as successor to Prof. Dr. Ulrich Reuter

Frankfurt am Main, August 22, 2024: The today’s ordinary Annual General Meeting of Branicks Group AG (“Branicks”), ISIN: DE000A1X3XX4, one of Germany's leading listed real estate companies, which took place in a virtual format, approved all resolutions proposed by the Supervisory Board and the Management Board by large majorities.

In her speech at the Annual General Meeting, CEO Sonja Wärntges looked back on the 2023 financial year of Branicks Group AG and discussed the course of the 2024 financial year to date. “The 2023 financial year was characterized by strong headwinds and numerous operational and financial challenges. Nevertheless, we largely succeeded in achieving our forecasts. So far in 2024, we have been successful in refinancing and reducing our debt. On this basis, Branicks is on track thanks to a valuable real estate portfolio and a refined strategy. Branicks delivers with speed.”

Among other things, the Annual General Meeting decided a large majority to ratify the acts of the members of the Managing and Supervisory Boards for fiscal year 2023 and elected Jürgen Josef Overath as a new shareholder representative to the Supervisory Board to succeed Prof. Dr. Ulrich Reuter, who resigned from his office as a member of the Supervisory Board with effect from December 31, 2023.

The Annual General Meeting also appointed BDO AG Wirtschaftsprüfungsgesellschaft, Hamburg, as auditors for the 2024 financial year and discussed the remuneration report for the Management Board and Supervisory Board.

More than 55% of the voting share capital of Branicks was represented at the Annual General Meeting.

About Branicks Group AG:
Branicks Group AG (formerly DIC Asset AG) is a leading German listed specialist for office and logistics real estate as well as newly renewable assets with over 25 years of experience in the real estate market and access to a broad investor network. Our basis is the national and regional real estate platform with nine offices in the ground in all major German markets (including VIB Vermögen AG). As of March 31, 2024, we managed properties with a market value of EUR 13.1 billion in the Commercial Portfolio and Institutional Business segments.

The Commercial Portfolio segment comprises real estate held for our own account. Here, we generate cash flows from stable rent revenues on long-term leases while also optimizing the value of our portfolio assets through active management and realizing gains from sales.

In the Institutional Business segment, we earn recurrent fees from real estate services we provide to national and international institutional investors by structuring and managing investment products that return attractive dividend yields.

The shares of Branicks Group AG are listed in the Prime Standard of the German Stock Exchange (WKN: A1X3XX / ISIN: DE000A1X3XX4).

The company is fully committed to sustainability and occupies top positions in ESG-relevant ratings such as Morningstar Sustainalytics and S&P Global CSA. The Branicks Group is also a signatory to the UN Global Compact and the UN PRI network. Properties in the Branicks portfolio have been awarded renowned sustainability certificates such as DGNB, LEED or BREEAM.

For more details, go to www.branicks.com

PR Contact Branicks Group AG:

Stephan Heimbach

Neue Mainzer Straße 32-36

60311 Frankfurt am Main

Fon +49 69 9454858-1569

pr@branicks.com

IR Contact Branicks Group AG:

Jasmin Dentz

Neue Mainzer Straße 32-36

60311 Frankfurt am Main

Fon +49 69 9454858-1492

ir@branicks.com