Annual General Meeting of Deutsche Konsum REIT approves dividend of EUR 0.35 per share and elects the Supervisory Board

Press release

Annual General Meeting of Deutsche Konsum REIT approves dividend of EUR 0.35 per share and elects the Supervisory Board

Broderstorf, 5 March 2020 - The Annual General Meeting of Deutsche Konsum REIT-AG (ISIN DE000A14KRD3), which took place in Berlin today, approved a dividend of EUR 0.35 per share for the 2018/2019 financial year.

In the course of the elections to the Supervisory Board, the previous five members Mr. Hans-Ulrich Sutter, Mr. Achim Betz, Mr. Nicholas Cournoyer, Mr. Johannes C. G. (Hank) Boot and Mr. Kristian Schmidt-Garve were confirmed in office. In addition, shareholders elected Ms. Cathy Bell-Walker as a new member of the Supervisory Board. After the corresponding amendment to the Articles of Association has been entered into the commercial register, the Supervisory Board of Deutsche Konsum REIT-AG will therefore consist of six individuals.

At the constituent Supervisory Board meeting, which took place following the Annual General Meeting, Mr. Hans-Ulrich Sutter was confirmed as Chairman of the Supervisory Board. Mr. Achim Betz was appointed First Deputy Chairman and Mr. Kristian Schmidt-Garve Second Deputy Chairman.

In addition, the actions of the Management Board and the Supervisory Board for the terms of office in the financial year 2018/2019 were approved at the Annual General Meeting. DOMUS AG Wirtschaftsprüfungsgesellschaft/Steuerberatungsgesellschaft, Berlin, was elected as auditor for the financial year 2019/2020. Furthermore, the Annual General Meeting approved various amendments to the Articles of Association. In addition, a new Authorised Capital 2020/I was formed and a resolution was passed on the creation of a new authorisation to issue option and/or convertible bonds with the possibility of excluding subscription rights as well as a resolution on the amendment to the existing Conditional Capital I and II.

Over 40 % of the share capital was represented at the Annual General Meeting (share capital of the Company at the time of convening the Annual General Meeting: 31,959,944 shares). All agenda items were approved by a large majority. The detailed voting results are available on the Company website at https://www.deutsche-konsum.de/en/.

About Deutsche Konsum
Deutsche Konsum REIT-AG based in Broderstorf is a listed real estate company focusing on retail properties in Germany for goods required for daily use in established micro-locations. The focus of the company's activities is on the management and development of real estate with the aim of achieving a steady increase in value and the realisation of hidden reserves. DKR's total portfolio currently comprises 166 retail properties with annualised rents of EUR 64.4 million.

Due to its REIT status ('Real Estate Investment Trust'), the company is exempt from corporation and trade tax. The shares of the company are listed on the Prime Standard of the Deutsche Börse (ISIN: DE 000A14KRD3).

Contact:
Deutsche Konsum REIT-AG
Stefanie Frey
Investor Relations
E-Mail: sf@deutsche-konsum.de
Phone: +49 (0) 331 74 00 76 - 533