DGAP-News: Vonovia SE (ex Deutsche Annington)

Chairman of the Supervisory Board of Vonovia SE resigns

Bochum, Germany, August 26, 2017 - The chairman of the supervisory board of Vonovia SE (Vonovia), Dr. Wulf H. Bernotat, today informed the management board of the company that he is resigning from his office with immediate effect for health reasons and is therefore retiring from the supervisory board prior to the end of his current term.

Rolf Buch, the CEO of Vonovia, thanked Dr. Wulf H. Bernotat in the name of the management board. "We deeply regret losing Dr. Bernotat as chairman of the supervisory board and wish him the best of health. He played a pivotal role in shaping the development of our company and always emphasized the importance of good corporate governance. The entire management board and the employees of Vonovia are greatly indebted to Dr. Bernotat for the dedication he demonstrated as supervisory board member and for his outstanding cooperation and trustworthiness."

Dr. Wulf H. Bernotat chaired the supervisory board since June 2013 and accompanied the real estate company on its path from its IPO into the MDAX, and finally into the Dax 30. As a chairman he always acted and thought as an entrepreneur, and with this mind-set he supported the strategic repositioning of Vonovia.

From 2003 to 2010, Dr. Wulf H. Bernotat was the CEO of E.ON AG. Prior to this, he had an international career at Shell and Veba and served as CEO of Stinnes AG. Dr. Wulf H. Bernotat was born in Göttingen in 1948, where he also completed his law studies.

Vonovia intends to fill the vacancy on the supervisory board in the regular supervisory board elections to take place at the next annual general meeting in May 2018.

Until the supervisory board elects a new chairman, the deputy chairman of the supervisory board, Prof. Dr. Edgar Ernst, will assume the responsibilities of the chairman.

The supervisory board of Vonovia SE: Prof. Dr. Edgar Ernst (Chairman), Burkhard Ulrich Drescher, Dr. Florian Funck, Dr. Ute Geipel-Faber, Hendrik Jellema, Daniel Just, Hildegard Müller, Prof. Dr. Klaus Rauscher, Dr. Ariane Reinhart, Clara-Christina Streit and Christian Ulbrich.

About Vonovia

Vonovia SE is Germany's leading nationwide residential real estate company. Vonovia currently owns and manages around 355,000 residential units in all of Germany's attractive cities and regions. Its portfolio is worth approximately EUR 30.8 billion. As a modern service company, Vonovia focuses on customer orientation and tenant satisfaction. Offering tenants affordable, attractive and livable homes is a prerequisite for the company's successful development. Accordingly, Vonovia makes long-term investments in the maintenance, modernization and senior-friendly conversion of its properties. The company will also be creating more and more new apartments by realizing infill developments and adding to existing buildings.

The company, which is based in Bochum, has been listed on the stock exchange since 2013 and on the DAX 30 since September 2015. Vonovia SE is also listed on the international indices STOXX Europe 600, MSCI Germany, GPR 250 and EPRA/NAREIT Europe. Vonovia has a workforce of approximately 8,300 employees.

Additional Information:
Approval: Regulated Market/Prime Standard, Frankfurt Stock Exchange
ISIN: DE000A1ML7J1
WKN: A1ML7J
Common code: 094567408
Registered headquarters of Vonovia SE: Düsseldorf, Germany, Düsseldorf Local Court, HRB 68115
Business address of Vonovia SE: Philippstrasse 3, 44803 Bochum, Germany

This press release has been issued by Vonovia SE and/or its subsidiaries solely for information purposes. This press release may contain statements, assumptions, opinions and predictions about the anticipated future development of Vonovia ("forward-looking statements") that reproduce various assumptions regarding, e.g., results derived from Vonovia's current business or from publicly available sources that have not been subject to an independent audit or in-depth evaluation by Vonovia and that may turn out to be incorrect at a later stage. All forward-looking statements express current expectations based on the current business plan and various other assumptions and therefore come with risks and uncertainties that are not insignificant. All forward-looking statements should not therefore be taken as a guarantee for future performance or results and, furthermore, do not necessarily constitute exact indicators that the forecast results will be achieved. All forward-looking statements relate solely to the day on which this press release was issued to its recipients. It is the responsibility of the recipients of this press release to conduct a more detailed analysis of the validity of forward-looking statements and the underlying assumptions. Vonovia accepts no responsibility for any direct or indirect damages or losses or subsequent damages or losses, as well as penalties that the recipients may incur by using the press release, its contents and, in particular, all forward-looking statements or in any other way, as far as this is legally permissible. Vonovia does not provide any guarantees or assurances (either explicitly or implicitly) in respect of the information contained in this press release. Vonovia is not obliged to update or correct the information, forward-looking statements or conclusions drawn in this press release or to include subsequent events or circumstances or to report inaccuracies that become known after the date of this press release.