DGAP-News: WCM Beteiligungs- und Grundbesitz-AG

DGAP-News: WCM Beteiligungs- und Grundbesitz-AG: WCM extended CEO contract for Stavros Efremidis to 2021

DGAP-News: WCM Beteiligungs- und Grundbesitz-AG / Key word(s): Change of Personnel WCM Beteiligungs- und Grundbesitz-AG: WCM extended CEO contract for Stavros Efremidis to 2021

06.05.2016 / 09:17 The issuer is solely responsible for the content of this announcement.

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WCM extended CEO contract for Stavros Efremidis to 2021 - Ralf Struckmeyer appointed CFO and member of the Executive Board

- Frank Roseen left the company on a mutual and amicable agreement as of 5 May 2016

Frankfurt am Main, 6 May 2016 - The Supervisory Board of SDAX listed WCM Beteiligungs- und Grundbesitz-AG (WCM AG, ISIN: DE000A1X3X33) has extended the contract of CEO Stavros Efremidis to 30 April 2021. The Supervisory Board is recognising the successful relaunch and reinstalled growth of WCM over the past year under the CEO's leadership. Mr. Efremidis has become a member of the Executive Board in September 2014 and has been appointed CEO in September 2015.

As of 5 May 2016, Ralf Struckmeyer joined the Executive Board of WCM and took over the responsibilities of Frank Roseen who left the company. In his new role, Mr. Struckmeyer will be responsible for Finance. Mr. Struckmeyer accompanied the organisation since its relaunch at the end of 2014 and has extensive experience in the real estate sector. In his previous role, Mr. Struckmeyer was responsible for M&A and Corporate Finance at WCM.

Rainer Laufs, Chairman of the Supervisory Board, says: "With Ralf Struckmeyer, the Executive Board will benefit from a proficient expert in finance and real estate transactions. Frank Roseen left the Executive Board of WCM in a mutual agreement as of 5 May 2016. He will return to his home country Sweden to devote his time to new professional challenges. The Supervisory Board would like to thank Frank Roseen for his valuable contribution during the company's extension phase."

About WCM AG

WCM Beteiligungs- und Grundbesitz-AG (WCM AG), with headquarters in Frankfurt am Main, is a specialised commercial real estate company. As a real estate proprietor, the focus is on long-term rental of high-quality office and retail properties in the major office locations in Germany. Since the operational restart in 2014, WCM AG has focused on an extensive network for the acquisition of properties as well as on value-creating asset management, in order to generate attractive long-term rental income and a steady cash flow. The portfolio has a gross asset value of more than EUR 500 million. The company has extensive loss carry forwards in corporate and commercial tax. Shares of WCM AG are listed in the SDAX of Deutsche Borse since 21 December 2015.

Press contact:

edicto GmbH Axel Mühlhaus/ Dr. Sönke Knop +49 (0) 69-905505-51 wcm@edicto.de

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06.05.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English Company: WCM Beteiligungsund Grundbesitz-AG Bleichstr. 64-66 60313 Frankfurt am Main Germany Phone: +49 (0)30 8870 476-10 Fax: +49 (0)30 8870 476-20 Internet: www.wcm.de ISIN: DE000A1X3X33, SDAX WKN: A1X3X33 Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Stuttgart; Regulated Unofficial Market in Munich End of News DGAP News Service ---------------------------------------------------------------------------

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