Peach Property Group AG: EUR 410 million in new financing secured – balance sheet transformation successfully completed

Zürich (pta009/14.08.2025/07:00 UTC+2)

Ad hoc announcement pursuant to Art. 53 LR

• Castlelake provides long-term financing
• Repayment of Euro Bond and Convertible Bond secured
• Maturity profile significantly extended
• Future focus on operational performance and sale of non-strategic portfolio

Peach Property Group AG ("Peach Property Group"), a real estate investor focusing on rental apartments in Germany, has signed a new long-term secured financing agreement with funds managed by global asset-based investment manager Castlelake L.P. ("Castlelake") in the amount of EUR 410 million, on attractive terms, plus a credit line of an additional EUR 30 million for investment measures. The term is three years with two extension options of one year each.

The new financing will be funded subject to satisfaction of customary closing conditions and will be used to repay approximately EUR 310 million in existing loans ahead of schedule. The remaining approximately EUR 100 million will be used to repay the corporate bond (4.375% Senior Notes, ISIN: XS2247301794) due in November 2025 in full. This successfully completes Peach Property Group's balance sheet transformation across all significant credit instruments that began in 2024 and significantly extends the Peach Property Group's maturity profile.

Gerald Klinck, Chief Executive Officer and Chief Financial Officer of Peach Property Group:

"With the financing from Castlelake, we are successfully completing our comprehensive balance sheet transformation – following capital increases, extensive refinancings, and the portfolio transaction at the end of 2024. Our strategy of consistently focusing on secured financing has paid off in full: by repaying at the beginning of 2025 unsecured promissory notes and over a third of the Euro Bond, we had already laid the groundwork for this. Full repayment of the Euro Bond maturing in November 2025 and the convertible bond maturing in 2026 will follow as next steps. Together with the Castlelake financing, EUR 530 million of our long-term liabilities have already been successfully refinanced on a secured basis with new financing partners; the banks' valuations confirm our property valuations. Taking into account a term sheet that has also been finalized, the entire financing volume will be in the secured market over the course of the year. Peach Property Group thus stands on a solid, sustainable foundation. We are now focusing on the performance of the strategic portfolio, the targeted sale of the non-strategic portfolio, and the sustainable increase in shareholder value."

Michael Zahn, Chairman of the Board of Directors of Peach Property Group:

"The new management team, which has been on board for around a year, has done an excellent job in a challenging market environment and fully met our expectations. As a holder of German residential real estate, Peach Property Group has successfully established itself in the secured refinancing market with large-volume refinancing transactions. In addition, the portfolio transaction at the end of 2024 set the course for the implementation of the new portfolio strategy, which the Company has been consistently pursuing ever since. Special thanks also go to our shareholders, who have invested a total of over EUR 170 million in the Company through two capital increases, thereby significantly reducing our financial leverage. Their trust and commitment are making a major contribution to the repayment of the previous, unsecured financings. Peach Property Group is now in an excellent financial position and strategically on the right track."

Contacts:

Media, investors, and analysts

Gerald Klinck, Chief Executive Officer

+41 44 485 50 00 |investors@peachproperty.com

Media Germany

Rosenberg Strategic Communications GmbH & Co. KG

Dirk T. Schmitt, Managing Partner

+49 170 302 8833 | D.Schmitt@RosenbergSC.com

About Peach Property Group AG

Peach Property Group is a real estate investor with a focus on rental apartments in Germany. The group stands for many years of experience, expertise, and quality. Innovative solutions for tenants' needs, strong partnerships, and a broad value chain round out the profile, while digitalization and sustainability shape the operating business. The portfolio consists of high-yield properties, typically in German Tier II cities in the catchment area of metropolitan areas. Its activities therefore span the entire value chain, from site evaluation and acquisition to active asset management and the leasing or sale of real estate. In addition, the group develops selected properties in Switzerland for sale as condominiums, with the "Peninsula Wädenswil" development project being the latest such project.

Peach Property Group AG is headquartered in Zurich and has its German group headquarters in Cologne. Peach Property Group AG is listed on the SIX Swiss Exchange (PEAN, ISIN CH0118530366). The Board of Directors comprises Michael Zahn (Chairman), Cyrill Schneuwly, Beat Frischknecht, Urs Meister and Alexander Hesse.

Further information is available at https://peachproperty.com.

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Emitter:	Peach Property Group AG Neptunstrasse 96 8032 Zürich Switzerland
Contact Person:	Gerald Klinck
Phone:	+41 44 485 50 00
E-Mail:	investors@peachproperty.com
Website:	www.peachproperty.com
ISIN(s):	CH0118530366 (Share)
Stock Exchange(s):	SIX Swiss Exchange; Free Market in Berlin, Frankfurt, Stuttgart, Tradegate