GIEAG Immobilien AG: Supervisory Board of GIEAG Immobilien AG appoints Benjamin Johansson as additional member of the Management Board

München (pta006/02.11.2023/08:00 UTC+1)

• Benjamin Johansson joins Philipp Pferschy on the GIEAG Management Board.
• The management of project development and project realization remains secured and continues to be the responsibility of Mr. Johansson.
• Furthermore, ESG, sustainability and research will be the new responsibility of Mr. Johansson.
• Joint ventures and strategic asset management are also new areas of responsibility on the Executive Board.

Munich, November 2, 2023 - At its meeting on September 20, 2023, the supervisory board of GIEAG Immobilien AG appointed Benjamin Johansson as a member of the management board of GIEAG Immobilien AG effective November 1, 2023. In this position he will support Philipp Pferschy, who was previously the sole member of the management board.

Benjamin Johansson joined GIEAG on July 1, 2022 as Head of Projects as well as a member of the Executive Board. In April 2023 he was appointed authorized signatory.

He looks back on 16 years of experience in the real estate industry, with a focus on project development and project management in the asset classes of residential and office development, hotel, light industrial/logistics development and district development.

"I am very pleased that with Benjamin Johansson we can entrust a candidate from our own ranks to support us on the Executive Board. In the past year, Mr. Johansson has already implemented important processes and supported the further professionalization of our company," says Prof. Christoph Ehrhardt, Chairman of the Supervisory Board of GIEAG.

"In view of the current challenging market and financing environment, the new management board will not only focus on developing a sustainable strategy, but also intensify process optimization. This is crucial to position GIEAG competitively even in these challenging times," elaborates board member Philipp Pferschy.

Thanks to the in-depth experience of the two Executive Board members, the company will be in a position to achieve the goals it has set itself and to survive successfully on the market in the long term.

About GIEAG Immobilien AG:

GIEAG is a family-run Munich-based real estate stock corporation. The shares of GIEAG Immobilien AG are traded on the Munich Stock Exchange as well as on the Frankfurt Stock Exchange and Xetra. By combining the three asset classes - office, residential, logistics - and the two service areas of development and portfolio management, the company offers a stability that is unique in the market. The GIEAG team of experts is a guarantor for innovative and forward-looking concepts.

Over the past 23 years, GIEAG Immobilien AG has developed and optimized a large number of real estate projects with areas of up to 145,000 square meters and an individual investment sum of 15 to 150 million euros. Partnership, transaction security, perseverance and speed are the basis of sustainable value development for GIEAG.

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Emitter:	GIEAG Immobilien AG Montgelasstraße 14 81679 München Germany
Contact Person:	Philipp Pferschy
Phone:	+49 89 290516-0
E-Mail:	ir@gieag.de
Website:	www.gieag.de
ISIN(s):	DE0005492276 (Share)
Stock Exchange(s):	Free Market in Munich