EQS-Adhoc: GORE German Office Real Estate AG will not implement the capital increase resolved on June 8, 2022

Publication of inside information pursuant to Art. 17 of Regulation (EU) No. 596/2014

GORE German Office Real Estate AG will not implement the capital increase resolved on June 8, 2022

Frankfurt/Main, 13. April 2023 The Management Board of GORE German Office Real Estate AG ("GORE", ISIN DE000A0Z26C8) today decided not to pursue the capital increase against contribution in kind resolved by the Extraordinary GORE Shareholders' Meeting on 8 June 2022 with an extension resolution of the Annual General Meeting on 7 December 2022. The decision was taken because the potential Luxembourg investor of GORE did not give a binding commitment to complete the transaction, of which the non-cash capital increase of GORE would have been an integral part, due to the legal disputes filed by shareholders of PREOS and GORE against the implementation of the non-cash capital increases. The complex transaction structure would also have included, among other things, a non-cash capital increase at GORE's majority shareholder PREOS Global Office Real Estate & Technology AG ("PREOS"). The decision not to implement the GORE non-cash capital increase was decided at a joint meeting with the Management Board of PREOS, at which the latter also abandoned its plans to implement the non-cash capital increase resolved by the Extraordinary General Meeting of PREOS on June 9, 2022, with an extension resolution of the Annual General Meeting on December 8, 2022. As the parent company of the Group, the Management Board of publity AG was involved in the respective decisions.

Currently, actions for rescission against the resolutions of the PREOS and GORE Annual General Meetings of June and December 2022 are still pending and, following fruitless discussions with the rescission plaintiffs, the Management Board does not expect these proceedings to be concluded by the expiry of the extended deadlines for the registration of the implementation of the respective capital increase against contribution in kind on June 7 and 8, 2023, respectively.

With the decision of the Executive Board, GORE is also in a position to actively pursue currently available business prospects without delay.