Vonovia SE: Annual General Meeting 2023 approves all agenda items with large majority

• Dividend of €0.85 per share combines dividend continuity with capital discipline.
• Newly structured and smaller Supervisory Board elects ClaraC. Streit as Chair at its constituent meeting.

Bochum, 17 May 2023 –Vonovia SE (“Vonovia”) held its Annual General Meeting today. Vonovia’s shareholders resolved to distribute a dividend of €0.85 per share (2022: €1.66) for the fiscal year 2022, thus following the proposal of the Supervisory Board and Management Board to combine dividend continuity and capital discipline. Shareholders will again be able to choose between a scrip dividend and a classic cash dividend. The Annual General Meeting also approved all other items on the agenda.

The election of eight Supervisory Board members was also on the agenda. Dr Daniela Gerd tom Markotten, a proven expert in the field of digitalisation, was newly elected to the body. As planned, the Supervisory Board was reduced from twelve to ten members. In addition, the members will be elected in staggered intervals in the future and the maximum term of mandate will be reduced to four years.

In the constituent meeting of the Supervisory Board following the Annual General Meeting, Clara C. Streit was elected Chair of the Supervisory Board. Clara C. Streit on her election: “I am very happy about the trust that my colleagues on the Supervisory Board have placed in me. And I am aware of the great responsibility that this office entails. The challenges on the housing market are immense: new construction, climate protection and demographic change. Facing and mastering these challenges is of great social relevance.”

All current and former members of the Management Board and Supervisory Board were discharged in each case with a large majority. The remuneration report of the Management Board and Supervisory Board was approved by the Annual General Meeting with 79.94%.

PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Frankfurt am Main, was appointed as auditor for the current fiscal year. At the time of voting, the presence of shareholders was 68,08% (2022: 72,48%).

The detailed voting results of the Annual General Meeting will be published at https://investors.vonovia.de/agm.

Supplementary material on the Annual General Meeting is also available at https://presse.vonovia.de/de-de/hauptversammlung (in German).

2023 Financial Calendar:

 August 4, 2023: Interim Statement for the First Half of 2023

November 3, 2023: Interim Statement for the First Nine Months of 2023

Additional Information:

Approval: Regulated Market/Prime Standard, Frankfurt Stock Exchange

ISIN: DE000A1ML7J1

WKN: A1ML7J

Common code: 094567408

Registered headquarters of Vonovia SE: Bochum, Germany, Bochum Local Court, HRB 16879

Business address of Vonovia SE: Universitätsstraße 133, 44803 Bochum, Germany

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