DGAP-News: Vonovia SE / Key word(s): AGM/EGM/Dividend Vonovia SE: Annual General Meeting Approves a Dividend of EUR 1.32 per Share (news with additional features) 09.05.2018 / 15:57 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- THE INFORMATION CONTAINED IN THIS DOCUMENT IS NOT SUITABLE FOR COMPLETE OR PARTIAL PUBLICATION OR DISCLOSURE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR OTHER COUNTRIES WHERE SUCH PUBLICATION OR DISCLOSURE WOULD CONSTITUTE A VIOLATION OF APPLICABLE LEGAL PROVISIONS. THIS PUBLICATION IS NEITHER AN OFFER TO BUY OR SELL NOR AN INVITATION TO TENDER AN OFFER TO BUY OR SELL SHARES. Vonovia SE: Annual General Meeting Approves a Dividend of EUR 1.32 per Share - Annual General Meeting approves a dividend of EUR 1.32 per share - Vonovia once again offers a stock dividend - Jürgen Fitschen and Vitus Eckert join the Supervisory Board - Supervisory Board of Vonovia SE elects Jürgen Fitschen as its Chairman Bochum, May 9, 2018 - Today's Annual General Meeting of Vonovia SE ("Vonovia") approved all resolutions proposed by the Supervisory Board and Management Board with the necessary majority. The actions of the Management Board (99.81 percent of votes) and the Supervisory Board (97.92 percent of votes) were formally approved for the 2017 fiscal year. The shareholders followed the proposal of the Supervisory Board and Management Board to distribute a dividend of EUR 1.32 per share for the 2017 fiscal year, which represents an increase of EUR 0.20 on the previous year. This year, the company is once again offering the option of a stock dividend in addition to the traditional cash dividend. "Vonovia generates long-term added value for its customers and shareholders - and is going from strength to strength every year. The company seizes the right opportunities to achieve permanent growth," explained Prof. Edgar Ernst, Chairman of the Supervisory Board, speaking to some 280 shareholders and guests in Bochum. As a result, 69.95 percent of the share capital was represented. As proposed by the Management Board and the Supervisory Board, the Annual General Meeting also resolved to increase authorized capital to the extent permitted by law. It is intended that this financial flexibility will enable the company to continue benefiting from the favorable market environment while quickly and comprehensively strengthening equity. The Supervisory Board was reappointed by the Annual General Meeting, with Jürgen Fitschen and Vitus Eckert joining the company's supervisory body for the first time. The Supervisory Board's term of office ends with the 2023 Annual General Meeting. At its inaugural meeting, which was held immediately after the Annual General Meeting, the new Supervisory Board of Vonovia SE unanimously elected Jürgen Fitschen (69) as its Chairman. Prof. Edgar Ernst was once again elected as Deputy Chairman of the Supervisory Board. The committees formed by the Supervisory Board were also reconstituted. Jürgen Fitschen: "I am relishing my new role. I firmly believe that Vonovia will continue to grow successfully on the basis of the Management Board's ideas and the determination of all the company's employees. Together with my colleagues on the Supervisory Board, I am happy to provide the appropriate guidance." Rolf Buch, CEO of Vonovia SE: "On behalf of the entire Management Board, I would like to express my sincerest gratitude to Prof. Edgar Ernst for his work as Chairman of the Supervisory Board over the past few months. This positive working relationship will continue in the future. I am looking forward to working with Jürgen Fitschen. With his management expertise and his keen political skills, he will be an outstanding asset to Vonovia." Following an international career in which he held various senior management positions at Deutsche Bank AG, Fitschen has been working as a Senior Advisor for Deutsche Bank since June 2016. Jürgen Fitschen is Chairman of the Supervisory Board of the retail company CECONOMY AG and an administrative council for Kühne & Nagel International AG in Switzerland. The Supervisory Board of Vonovia SE is comprised as follows: Jürgen Fitschen (Chairman), Prof. Edgar Ernst (Deputy Chairman), Burkhard Ulrich Drescher, Vitus Eckert, Dr. Florian Funck, Dr. Ute Geipel-Faber, Daniel Just, Hildegard Müller, Prof. Klaus Rauscher, Dr. Ariane Reinhart, Clara-Christina Streit and Christian Ulbrich. Following the departure of Prof. Dr. A. Stefan Kirsten and Gerald Klinck, the Management Board of Vonovia SE will be comprised as follows as of May, 10, 2018: Rolf Buch, CEO, Helene von Roeder, CFO, Klaus Freiberg, COO and Daniel Riedl, who will be responsible for business development and Austria. The detailed voting results of the Annual General Meeting will be published at http://investoren.vonovia.de/hv. 2018 Financial Calendar August 31: Interim Report for the first six months of 2018 December 6: Interim Report for the first nine months of 2018 About Vonovia Vonovia SE is the leading European residential real estate company. Vonovia currently owns around 394,000 residential units in all of Germany's and Austria's attractive cities and regions. Its portfolio is worth approximately EUR 38.5 billion. As a modern service company, Vonovia focuses on customer orientation and tenant satisfaction. Offering tenants affordable, attractive and livable homes is a prerequisite for the company's successful development. Accordingly, Vonovia makes long-term investments in the maintenance, modernization and senior-friendly conversion of its properties. The company is also creating more and more new apartments by realizing infill developments and adding to existing buildings. The company, which is based in Bochum, has been listed on the stock exchange since 2013 and on the DAX 30 since September 2015. Vonovia SE is also listed on the international indices STOXX Europe 600, MSCI Germany, GPR 250 and EPRA/NAREIT Europe Vonovia has a workforce of approximately 9,500 employees. Additional Information: Approval: Regulated Market/Prime Standard, Frankfurt Stock Exchange ISIN: DE000A1ML7J1 WKN: A1ML7J Common code 094567408 Registered headquarters of Vonovia SE: Bochum, Germany, Bochum Local Court, HRB 16879 Business address of Vonovia SE: Philippstrasse 3, 44803 Bochum, Germany Any securities discussed have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or with any securities regulators of any state or any other jurisdiction in the United States of America, Australia, Canada or Japan. Accordingly, unless an exemption under relevant securities laws is applicable, any such securities may not be offered, sold, exercised, transferred, delivered or distributed, directly or indirectly, within or into the United States, Australia, Canada or Japan if to do so would constitute a violation of the relevant laws of, or require registration of such securities in, the relevant jurisdiction. There will be no public offering of securities in the United States, Australia, Canada or Japan or in any jurisdiction in which such offers or sales are unlawful. This press release has been issued by Vonovia SE and/or its subsidiaries solely for information purposes. This press release may contain statements, assumptions, opinions and predictions about the anticipated future development of Vonovia ("forward-looking statements") that reproduce various assumptions regarding, e.g., results derived from Vonovia's current business or from publicly available sources that have not been subject to an independent audit or in-depth evaluation by Vonovia and that may turn out to be incorrect at a later stage. All forward-looking statements express current expectations based on the current business plan and various other assumptions and therefore come with risks and uncertainties that are not insignificant. All forward-looking statements should not therefore be taken as a guarantee for future performance or results and, furthermore, do not necessarily constitute exact indicators that the forecast results will be achieved. All forward-looking statements relate solely to the day on which this press release was issued to its recipients. It is the responsibility of the recipients of this press release to conduct a more detailed analysis of the validity of forward-looking statements and the underlying assumptions. Vonovia accepts no responsibility for any direct or indirect damages or losses or subsequent damages or losses, as well as penalties that the recipients may incur by using the press release, its contents and, in particular, all forward-looking statements or in any other way, as far as this is legally permissible. Vonovia does not provide any guarantees or assurances (either explicitly or implicitly) in respect of the information contained in this press release. Vonovia is not obliged to update or correct the information, forward-looking statements or conclusions drawn in this press release or to include subsequent events or circumstances or to report inaccuracies that become known after the date of this press release. --------------------------------------------------------------------------- Additional features: Document: http://n.eqs.com/c/fncls.ssp?u=ROWFOOUINL Document title: Annual General Meeting Approves a Dividend of EUR 1.32 per Share --------------------------------------------------------------------------- 09.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Vonovia SE Universitätsstraße 133 44803 Bochum Germany Phone: +49 234 314 1609 Fax: +49 234 314 2995 E-mail: [email protected] Internet: www.vonovia.de ISIN: DE000A1ML7J1 WKN: A1ML7J Indices: DAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 684459 09.05.2018