Deutsche Konsum REIT-AG enters into an agreement on restructuring capital increase

Publication of inside information in accordance with Art. 17 para. 1 of Regulation (EU) 596/2014 on market abuse (market abuse regulation)

Deutsche Konsum REIT-AG enters into an agreement on restructuring capital increase

Potsdam, 29 May 2025 – Today, Deutsche Konsum REIT-AG ("Company") (ISIN: DE000A14KRD3 | WKN: A14KRD | ticker symbol: DKG) entered into a restructuring agreement on the basis of which a mixed cash and non-cash (contribution in kind) capital increase with subscription rights at a subscription price of EUR 2.00 shall be implemented (“Capital Increase”). The contribution in kind shall include receivables against the Company in the amount of at least EUR 86 million, in particular from secured registered bonds, to be contributed to the Company in exchange for the issue of new shares. This contribution in kind will be reduced to the extent that other shareholders exercise their subscription rights. The counterparties to the restructuring agreement are various companies through which Versorgungsanstalt des Bundes und der Länder AöR ("VBL") holds its stake in the Company. The Capital Increase shall be approved by an extraordinary shareholders’ meeting of the Company expected to take place in mid-September 2025.

The restructuring agreement provides for various conditions precedent, in particular (i) an exemption by the German Federal Financial Supervisory Authority from the obligation to publish and submit a mandatory offer in accordance with the German Securities Acquisition and Takeover Act in the event that VBL or an affiliated company obtains control over the Company as a result of the Capital Increase (restructuring exemption), (ii) any necessary antitrust clearance, (iii) the successful preparation of a restructuring opinion by FTI-Andersch AG and (iv) the conclusion of successful negotiations with other relevant creditors.

The Company has not yet conclusively assessed the effects of the Capital Increase on the current planning for the sustainable reorganisation of the Company. In any case, the implementation of the Capital Increase would lead to an improvement in the Company's key financial figures. In addition, the Company currently assumes that, if the Capital Increase is implemented, property sales with the sales proceeds of EUR 350 to 450 million until the end of 2027 as announced in the Ad hoc release of 7 May 2025 will no longer be necessary to the same extent.

The Company aims to finalise the restructuring negotiations with the relevant stakeholders by the end of August 2025.

Contact:

Deutsche Konsum REIT-AG
– Management Board –
Marlene-Dietrich-Allee 12b
14482 Potsdam
Germany
Phone: +49 (0) 331 74 00 76 - 512
E-mail: kt@deutsche-konsum.de