DEUTSCHE KONSUM REIT-AG - Versorgungsanstalt des Bundes und der Lnder (VBL) becomes a major shareholder of Deutsche Konsum REIT-AG

Versorgungsanstalt des Bundes und der Länder (VBL) becomes a major shareholder of Deutsche Konsum REIT-AG

DEUTSCHE KONSUM REIT-AG
(Incorporated in the Federal Republic of Germany)
(Registration number: HRB 13072)
FSE Share Code: A14KRD
JSE Share Code: DKR
ISIN: DE000A14KRD3
LEI: 529900QXC6TDASMCSU89
("DKR")


                                             Press release

   VERSORGUNGSANSTALT DES BUNDES UND DER LÄNDER (VBL) BECOMES A MAJOR
               SHAREHOLDER OF DEUTSCHE KONSUM REIT-AG

Potsdam, 04 December 2024 – Through the conversion of a convertible bond,
the Versorgungsanstalt des Bundes und der Länder (VBL) has become a major shareholder of
Deutsche Konsum REIT-AG.

In 2015, Deutsche Konsum REIT-AG issued two unsecured convertible bonds totaling EUR 37 million
maturing in January 2025. Through the partial conversion by VBL, a significant portion of these bonds
was redeemed via the issuance of 5,572,704 new shares by Deutsche Konsum REIT-AG. This
settlement has a positive impact on the company's future liquidity and debt level.

The company welcomes the new shareholder and is looking forward to a long-term relationship.

On 26 November 2024, Deutsche Konsum REIT-AG published a range for its Loan-to-Value (LTV)
ratio for the 2023/2024 fiscal year (see press release). The current conversion of the convertible bond
is expected to have an additional positive effect on the LTV in the first quarter of the new financial year
2024/2025.

Full year results will be published on 19 December 2024.

About Deutsche Konsum

Deutsche Konsum REIT-AG, Broderstorf, is a listed real estate company with a focus on German retail
properties for everyday goods at established micro-locations. The focus of the Company's activities is
on the acquisition, management and development of local supply properties with the aim of continuous
performance and the leveraging of hidden reserves.

The shares of the Company are listed on the Prime Standard of the Deutsche Börse (ISIN:
DE000A14KRD3) and on the JSE (JSE Limited) (South Africa) by way of a secondary listing.


Contact:
Deutsche Konsum REIT-AG
Mrs. Mareike Kuliberda
Investor Relations
Marlene-Dietrich-Allee 12b
14482 Potsdam
Tel: 0331 / 74 00 76 - 533
Fax: 0331 / 74 00 76 - 599
E-Mail: mk@deutsche-konsum.de


DKR has a primary listing on the Prime Standard on the Frankfurt Stock Exchange and a secondary
listing on the JSE.

Potsdam, 5 December 2024

JSE Sponsor
PSG Capital

Date: 05-12-2024 05:30:00
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