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PRESS RELEASE

Following successful takeover of BUWOG, Vonovia appoints Daniel Riedl to the Management Board

Bochum, May 2, 2018 – At its meeting today, the Supervisory Board of Vonovia SE appointed Daniel Riedl to the Management Board. Daniel Riedl will be responsible for development and Austria with effect from May 10, 2018.

Prof. Edgar Ernst, Chairman of the Supervisory Board of Vonovia SE: “Daniel Riedl has made a significant contribution to driving the extremely successful development of the BUWOG Group. We are delighted that Daniel Riedl will be joining Vonovia’s Management Board following the takeover of BUWOG, allowing him to contribute his expertise to the development business and our work in the Austrian market. I wish Daniel Riedl all the best and every success in his new role.”

Daniel Riedl is a graduate in business administration and a Fellow of the Royal Institution of Chartered Surveyors. He headed BUWOG in its previous form between 2004 and 2011, and served on the Executive Board of IMMOFINANZ AG from 2008 to 2014. He chaired the Supervisory Board of BUWOG from the beginning of 2012 until October 2013. In November 2013, Riedl was appointed CEO of the BUWOG Group and led BUWOG through the spin-off from IMMOFINANZ AG to the successful stock exchange listing.

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