PREOS Real Estate AG: Extraordinary Shareholders' Meeting resolves to transfer the company's registered office to Frankfurt/Main, elects new Supervisory Board member and changes company name

Leipzig, 15 September 2020 - The shareholders of PREOS Real Estate AG (in future: PREOS Global Office Real Estate & Technology, "PREOS", ISIN DE000A2LQ850) have approved all draft resolutions with more than 99 percent of the votes at today's extraordinary and virtual Shareholders' Meeting.

Among other things, it was decided to relocate the company's registered office from Leipzig to Frankfurt/Main from 2021. Furthermore, Prof. Dr. Zoltán Ádam Zomotor was elected as a new member of the Supervisory Board following Christian Jäger's resignation with effect from 30 September 2020. Prof. Zomotor is Professor of Computer Science and Head of the Computer Science programme at the Baden-Wuerttemberg Cooperative State University in Stuttgart. With their election to the Supervisory Board, the shareholders of PREOS are taking into account the increasing technology and digitalisation in the real estate sector.

The shareholders also resolved to change the company's name; in future, the company will be known as PREOS Global Office Real Estate & Technology AG.All other items on the agenda also found broad approval among shareholders. All voting results of the Extraordinary Shareholders' Meeting are available on the PREOS website (www.preos.de) in the Investor Relations section.

About PREOS Real Estate AG

PREOS Real Estate AG ("PREOS") is an active real estate investor focused on office properties. PREOS acts as an efficient management holding company. The acquisition focuses on office properties with development potential in German metropolitan regions. Value creation is generated by targeted asset management measures. Developed portfolio properties are sold in the event of adequate sales opportunities. The corporate strategy is to significantly expand the real estate portfolio through acquisitions in the coming years. The PREOS share (ISIN DE000A2LQ850) is listed in the over-the-counter segment m:access of the Munich Stock Exchange (PAG.MU) and on Xetra (PAG.DE). The company headquarters of PREOS is located in Leipzig.
 

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