B-A-L Germany AG: Annual General Meeting 2025

Shareholders confirm business model of B-A-L Germany AG

Meissen (pta026/22.05.2025/12:30 UTC+2)

B-A-L Germany AG successfully held its Annual General Meeting yesterday. The event took place at the company's headquarters in Meißen and met with lively interest from shareholders and shareholder representatives.

The company's two Management Board members, Falko Zschunke and Peter Thilo Hasler, took the opportunity to present the company's business model in detail. The focus was on the positioning of B-A-L Germany AG in the Saxon residential property market and the company's strategic areas of development, particularly in the area of increased expansion of residential property trading. Alternative financing solutions for smaller properties in urban locations were also discussed at length by those present.

Following the presentation, the two Management Board members answered numerous questions from the shareholders present. The contributions to the discussion focussed in particular on the planned disclosure of hidden reserves through property sales and the plans to merge the two classes of shares. The Management Board members answered all questions openly and comprehensively, which was very well received by the shareholders.

All proposed resolutions were therefore adopted with a clear majority of the votes represented. Particularly noteworthy is the approval of the conversion of preference shares into ordinary shares, with which the company is simplifying its shareholder structure and at the same time sending a signal for greater transparency and equal treatment of all shareholders.

B-A-L Germany AG would like to thank all shareholders for their participation, the trust they have placed in us and their constructive support for the growth course we have embarked on.

About B-A-L Germany AG

B-A-L Germany specialises in the small-scale acquisition of residential properties in rural regions of Saxony with good transport links and local infrastructure. The strategy is to position the company as a profitable property portfolio holder with a buy-and-build strategy without pressure to sell. This involves acquiring individual residential properties at low purchase prices, including from distress sales, which enables sustainably high purchase yields of significantly more than 10% to be realised. Rents below or at the level of the rent index enable the property portfolio to be fully let. The portfolio currently consists of 94 flats with a total lettable area of more than 4,642 square metres. In the past year, it generated sales revenue of EUR 361 thousand and after-tax earnings of EUR 34 thousand.

Contact

B-A-L Germany AG

Poststrasse 5

01662 Meissen

Internet: www.bal-ag.de

Falko Zschunke: f@bal-ag.de

Peter Thilo Hasler: p@bal-ag.de

Voting results for the agenda items in detail

With 72.2% of the share capital present, all resolutions on the seven items on the agenda of the Annual General Meeting of B-A-L Germany AG were passed with approval rates of up to 86.15%. The agenda item for the separate Annual General Meeting of preference shareholders received an approval rate of 100.00%.

The detailed voting results for the individual items on the agenda of the Annual General Meeting are summarised in the following table. They are also available for download on the company website at www.bal-ag.de.

(end)

Emitter:	B-A-L Germany AG Poststraße 5 01662 Meißen Germany
Contact Person:	Falko Zschunke
Phone:	+49 3521 459 6539
E-Mail:	f@bal-ag.de
Website:	www.bal-ag.de
ISIN(s):	DE000A2NBN90 (Share)
Stock Exchange(s):	Free Market in Stuttgart
Other Stock Exchanges:	Wiener Börse (Vienna MTF)