Annual General Meeting of Deutsche Konsum REIT approves dividend of EUR 0.40

Press release

Annual General Meeting of Deutsche Konsum REIT approves dividend of EUR 0.40

Broderstorf, 11 March 2021 - The Annual General Meeting of Deutsche Konsum REIT-AG (ISIN DE000A14KRD3), which took place today as a virtual Annual General Meeting without the physical presence of the shareholders or their proxies, approved a dividend of EUR 0.40 per share for the 2019/2020 financial year.

In addition, the actions of the Management Board and the Supervisory Board for the terms of office in the financial year 2019/2020 were approved at the Annual General Meeting. DOMUS AG Wirtschaftsprüfungsgesellschaft/Steuerberatungsgesellschaft, Berlin, was elected as auditor for the financial year 2020/2021. In addition, a new Authorised Capital 2021/I was formed and a resolution was passed on the creation of a new authorisation to issue bonds with warrants and/or convertible bonds with the possibility to exclude the subscription right as well as on the amendment of the existing Conditional Capital I. In addition, the Annual General Meeting passed a resolution on the authorisation to acquire and use treasury shares including the authorisation to exclude subscription rights as well as the cancellation of acquired treasury shares and capital reduction as well as on the authorisation to use derivatives in the context of acquisition of own shares and of the exclusion of the subscription and tender rights. The Annual General Meeting also approved an amendment to the Articles of Association and approved the compensation system for the members of the Management Board and the Supervisory Board.

Over 51 % 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: 35,155,938 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/investor-relations/annual-general-meeting/2021/.

About the Company
Deutsche Konsum REIT-AG, headquartered in Broderstorf, is a listed real estate company focusing on retail properties in Germany for goods required for daily use in well-established micro-locations. The focus of the Company's activities is on the acquisition, management and development of convenience retail properties with the aim of achieving a steady increase in value and the realisation of hidden reserves. DKR's total portfolio currently comprises 172 retail properties with an annualised rent of approximately EUR 70 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 Boerse (ISIN: DE 000A14KRD3) and on the Johannesburg Stock Exchange (South Africa) by way of a secondary listing. Further information on the Company can be found at https://www.deutsche-konsum.de/en/.

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