BENO Holding AG: Timely and Full Repayment of a EUR 10 Million Corporate Bond

Munich 23/02/2026 (pta017/23.02.2026/10:05 UTC+1)

BENO Holding AG (ISIN: DE000A11QLP3, WKN: A11QLP) has repaid in full and on schedule a corporate bond with a total volume of EUR 10,000,000 that was issued in February 2022 by a group company, including all accrued interest.

The funds raised through the bond were used to acquire three additional properties for the Group's own portfolio.

The BENO Group's business model is based on continuous deleveraging within the portfolio. A significant portion of property financings is structured with ongoing amortization and repaid from operational cash flows. Over the past four years, approximately EUR 10 million in senior loans have been repaid in this manner.

This financing strategy is complemented by active asset management. Through transformation measures, repositioning and adaptive reuse, extensions, and lease optimizations, we unlock additional value potential within the portfolio. This combination enables both the gradual build-up of equity within the portfolio and substantial refinancing flexibility.

With the successful repayment, BENO Holding AG underscores its sustainable earnings strength, stable cash flow structure, and the reliability of its financing strategy. The company meets its capital market obligations fully and on schedule.

Michael Bussmann, CEO of BENO Holding AG, states: "The ability to repay approximately EUR 10 million in senior loans over the past four years is based on the strong margins, resilience, and consistently realized transformation potential of our existing portfolio. Even in politically and economically turbulent times, our properties generate stable and reliable cash flows.
By leveraging digital twins and remote-based management structures, we manage our portfolio efficiently and in a highly scalable manner. As platform utilization increases – both through additional acquisitions and joint ventures with management mandates – we expect further efficiency gains and a noticeable strengthening of our earnings base."

About BENO Holding AG

BENO Holding AG is an asset manager and long-term owner specializing in mission-critical commercial real estate. By combining active asset management with long-term ownership, the company consistently operates from an owner's perspective and strategically manages both value-preserving and value-enhancing measures.

Its clearly defined investment approach, "Buy, Transform & (Er)halten" ("buy, transform & hold"), creates a future-proof, sustainable, and economically attractive real estate investment for all stakeholders. BENO focuses on the targeted development of its properties, active tenant management, and a long-term portfolio strategy.

As a pioneer in the development and integration of digital twins, BENO goes far beyond the traditional role of a real estate owner. In close collaboration with leading technology partners, the company actively drives innovation in digital building modeling, creating the foundation for data-driven optimization, transparency, and sustainable value growth.

Assets under management (AUM) currently comprise 12 locations across Germany with approximately 36 tenants and a total leasable area of around 158,000 sqm. The current market value of the portfolio amounts to approximately EUR 90 million.

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Emitter:	BENO Holding AG Brienner Str. 7 80333 München Germany
Contact Person:	Florian Renner
Phone:	+49 89 20 500 555
E-Mail:	info@beno-gruppe.de
Website:	www.beno-gruppe.de
ISIN(s):	DE000A11QLP3 (Share) DE000A3H2XT2 (Bond)
Stock Exchange(s):	Free Market in Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart