DGAP-News: BUWOG AG: Extraordinary General Meeting has resolved the reconstitution of the Supervisory Board and change of the financial year

Vienna, 4 May 2018

BUWOG AG: Extraordinary General Meeting has resolved the reconstitution of the Supervisory Board and change of the financial year

As previously announced, the Supervisory Board members of BUWOG AG including Vitus Eckert (chairman), Dr. Jutta A. Dönges, Stavros Efremidis, Caroline Mocker and Dr. Volker Riebel have resigned, effective at the end of the Extraordinary General Meeting on 4 May 2018.
 

The Extraordinary General Meeting approved the election of the following new members to the Supervisory Board of BUWOG AG by a large majority:
 

- Rolf Buch, CEO of Vonovia SE

- Dr. A. Stefan Kirsten, CFO of Vonovia SE

- Helene von Roeder, designated member of the Management Board of Vonovia SE

- Dr. Fabian Heß, General Counsel of Vonovia SE

- Sabine Gleiß, Head of Human Resources of Vonovia SE
 

Vonovia SE currently holds 77.2% of the shares in BUWOG AG. Klaus Hübner will remain on the Supervisory Board of BUWOG AG as an independent representative of the shares in free float.
In the course of the constituent meeting of the Supervisory Board, which took place immediately after the Extraordinary General Meeting, Rolf Buch was appointed chairman of the Supervisory Board and Dr. A. Stefan Kirsten deputy chairman. The committees formed by the Supervisory Board were also reconstituted.
 

The second item of the agenda at the Extraordinary General Meeting was the conversion of the BUWOG financial year to the calendar year beginning 1 January 2019. The financial year starting on 1 May 2018 will therefore end on 31 December 2018. There will be an abbreviated financial year for the period from 1 May 2018 to 31 December 2018.
 

About the BUWOG Group

The BUWOG Group is the leading German-Austrian full-service provider in the residential property business and now looks back on 67 years of expertise. Its property portfolio encompasses more than 48,800 units and is located in Germany and Austria. In addition to Asset Management, the entire value chain of the residential sector is covered by Property Sales and Property Development. The shares of BUWOG AG have been listed on the stock exchanges in Frankfurt am Main, Vienna (ATX) and Warsaw since the end of April 2014.

For further information, please contact:

INVESTOR RELATIONS

Holger Lüth
Head of Corporate Finance & Investor Relations
Email: investor@buwog.com
T +43-1-878 28 1203

Jan-Hauke Jendrny
BUWOG AG
Email: investor@buwog.com
T: +49-30-338539 1873

MEDIA INQUIRIES AUSTRIA

Michael Lippitsch
BUWOG AG
Email: communications@buwog.com
T: +43- 664 60928 1710

Thomas Brey
BUWOG Press Office Austria
c/o M&B PR, Marketing, Publikationen GmbH
Email: brey@mb-pr.at
T: +43-1-233 01 23-15
MEDIA INQUIRIES GERMANY

Michael Divé
BUWOG AG
Email: michael.dive@buwog.com
T: +49 1590 4621 993