Beno Holding AG: Initial Indication for 2025 – Successful Year and Growth Path Planned Through New Acquisitions

Munich, 12/03/2026 (pta018/12.03.2026/10:25 UTC+1)

Based on an initial internal indication, the listed real estate company BENO Holding AG (ISIN: DE000A11QLP3, WKN: A11QLP) has successfully completed the 2025 financial year. According to the current status, the company expects group revenue of around EUR 9.4 million and rental income of EUR 7.3 million. Group earnings (EAT) are expected to be in a range of EUR 4.7 million to EUR 5.1 million. This corresponds to expected consolidated earnings after taxes of EUR 1.39 to EUR 1.51 per share, implying equity of more than EUR 10 per share. The FFO (Funds from Operations) metric is expected to be between EUR 2.5 million and EUR 3.0 million.

The company was able to further stabilize its operational development over the past year and achieve important strategic progress. A key focus was the expansion of platform functions related to active asset management, particularly in capex and opex measures within the existing portfolio as well as leasing activities. In addition, further digitalization measures for the real estate portfolio were implemented, strengthening the company's operational platform for remote management and development of its portfolio.

Furthermore, the company continued to optimize its financing structure. Existing corporate bonds were repaid as scheduled, further improving the capital structure. Overall, the Management Board looks back on an operationally and strategically successful financial year.

Against the backdrop of current market developments, the company sees attractive investment opportunities. In many segments, the real estate market currently offers a buyer-friendly environment, creating interesting acquisition opportunities for well-capitalized investors. The company's acquisition pipeline is currently well filled.

In order to take advantage of these growth opportunities, the company is reviewing options to strengthen its equity base in order to selectively acquire new real estate assets and further expand its portfolio. The focus remains on properties with high alternative-use or transformation potential and value creation opportunities through active asset management. With the development of a platform for operationally critical real estate at high-traffic and infrastructure-relevant locations, the company is able—based on its existing staffing levels—to efficiently manage a portfolio two to three times its current size and quickly integrate additional acquisitions into the existing structure.

The Management Board is confident that strengthening the equity base and maintaining a disciplined investment strategy will enable the company to sustainably continue its growth trajectory.

The company expects to publish preliminary, unaudited figures in early April. The final audited results for the 2025 financial year are expected to be announced in June of this year.

About BENO Holding AG

BENO Holding AG is an asset manager and long-term holder of operationally critical real estate. By combining active asset management with long-term ownership, the company is able to consistently act from an owner's perspective, enabling it to optimally manage both value-preserving and value-enhancing measures.

The consistently pursued approach "Buy, Transform & Hold" creates a future-oriented, sustainable, and economically attractive real estate investment for all stakeholders. As a pioneer in the development and integration of digital twins, BENO goes far beyond the role of a traditional property holder. In close collaboration with technology partners, the company actively drives innovation in the field of digital building representation.

The company's assets under management (AUM) currently comprise 12 locations across Germany, with around 36 tenants and a total leasable area of approximately 158,000 m². The current market value of the real estate portfolio amounts to around EUR 90 million.

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Emitter:	Beno Holding AG Brienner Str. 7 80333 München Germany
Contact Person:	Florian Renner
Phone:	+49 89 20 500 410
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