DGAP-News: PATRIZIA AG: PATRIZIA Annual General Meeting 2021: Shareholders vote for an experienced, internationally diverse and tech-savvy Supervisory Board

PATRIZIA Annual General Meeting 2021: Shareholders vote for an experienced, internationally diverse and tech-savvy Supervisory Board

• New Supervisory Board strengthens PATRIZIA's Technology & Innovation expertise in line with its positioning as forward-thinking partner in real assets investment management
• Shareholders agree all items on the AGM agenda by a large majority
• Management confirms strategy and structural growth drivers
• Third consecutive increase in dividend payments to EUR 0.30 per share

Augsburg, 14 October 2021. PATRIZIA, a leading partner for global real assets, held its virtual Annual General Meeting today. Shareholders agreed all items on the AGM agenda which included the renewal of authorised capital, shareholder "say on pay" for both the Management Board and Supervisory Board, as well as the expansion of the Supervisory Board to five members and the appointment of new members.

PATRIZIA attracted Supervisory Board candidates who are internationally experienced and diverse with a broad set of skills. The candidates offer a wealth of knowledge and experience as senior global executives in customer facing industries, investments and finance, operational excellence, private equity and technology & innovation.

Wolfgang Egger, founder and CEO of PATRIZIA AG, commented: "The real assets industry is changing rapidly and the changes are being driven by technology and innovation. We want to stay ahead of the curve. That's why our Supervisory Board has handpicked new and internationally diverse members who are tech savvy, have managed digital transformation in their industries successfully and bring a strong entrepreneurial mindset to the table. All of them have made a positive impact on their respective industries and the communities they live in - fully in line with PATRIZIA's purpose of building communities and sustainable futures."

PATRIZIA's Supervisory Board will consist of the following members:

Axel Hefer is the CEO and member of the board of Trivago N.V. Trivago is a leading search engine and travel platform. It compares hotel prices from more than 300 booking sites for more than five million hotels and other accommodation types in over 190 countries. Mr Hefer is an experienced manager and executive. He brings extensive knowledge of technology and online consumer platforms to PATRIZIA. In addition, he is a financial expert. Before becoming CEO, he was CFO at Trivago. As CFO and COO of home24, one of Germany's largest online furniture stores, he was responsible for finance, logistics and customer service. Previously, he worked for McKinsey, Permira and One Equity Partners as an investment manager and managing director.

Marie Lalleman was Executive Vice President and Global Strategic Partner for France and the U.S. at Nielsen Company, a leading global market research company and technology partner for media measurement and planning, until January 2021. Nielsen is an S&P 500 company with operations in more than 90 countries. Ms. Lalleman has held various leadership positions at Nielsen over the past 29 years, including managing global key accounts. She will enrich the PATRIZIA Supervisory Board with her international experience and extensive knowledge in the areas of research, technology, customer retention and data analysis.

Jonathan Feuer is chairman and co-founder of Eigen Technologies. The FinTech company was founded in 2014 and today employs a team of more than 200 scientists, engineers, strategists and industry experts based in London and New York. Eigen Technologies provides clients in the financial, legal and professional services industries with a flexible, fast and accurate document platform powered by Artificial Intelligence. Recently, the company received a B-Series investment from Goldman Sachs, Temasek, Lakestar, Dawn Capital and ING. Previously, Mr Feuer was a Managing Partner at CVC Capital Partner, where he spent over 30 years in various positions. Earlier in his career, he worked for Baring Private Equity Partners and Ernst & Young. Mr. Feuer has broad investment experience and has successfully founded a fintech company. In addition, he brings expertise in software solutions for financial services companies driven by artificial intelligence and will thus enhance the skills on PATRIZIA's Supervisory Board.

Philippe Vimard is Chief Operating Officer, Chief Technology Officer and member of the Board of Directors of Doctolib SAS. Doctolib is an e-health company and an online booking platform for appointments and video consultations with doctors and healthcare professionals. Doctolib was founded in 2013. It serves 60 million patients and 150,000 doctors and health specialists in France and Germany. Prior to Doctolib, Mr. Vimard worked as Chief Technology Officer at Klarna, a Swedish fintech start-up. Prior to that, he was CTO and COO of EDreams Odigeo, one of the world's largest online travel agencies, part of Opodo. He also spent eight years at Expedia, a US-based online travel agency, in various roles in the US and Canada. Mr. Vimard is a successful and globally experienced technology leader with strong operational skills and broad expertise in various industries.

Uwe H. Reuter is the first Deputy Chairman of the PATRIZIA Supervisory Board and was appointed to this position in 2017. He has contributed to the further professionalisation of the PATRIZIA Supervisory Board over the past three years. Mr Reuter brings broad experience in the financial sector to PATRIZIA. He has held various positions and management roles at Citibank, SwissRe / Allianz Group. He was also CEO of Zurich Financial Services and VHV Holding AG in Hanover. Mr Reuter is an experienced executive and has gained extensive supervisory board experience in various mandates. As mentioned above, Mr Reuter is ready to support PATRIZIA as the next Chairman of the Supervisory Board in this important transition phase to an SE. He will thereby ensure continuity in the work and leadership responsibilities of the next Supervisory Board.

Both CEO Wolfgang Egger and CFO Karim Bohn reiterated the structural growth path for PATRIZIA in their speeches to shareholders. The recent acquisition of the independent, global infrastructure investment manager Whitehelm Capital was mentioned as one example how PATRIZIA is expanding its product offering for the benefit of its international clients while at the same time increasing recurring management fees to shareholders.

Shareholders approved the payment of a EUR 0.30 per share cash dividend for FY2020 with a large majority. PATRIZIA shares will trade ex dividend on 15 October 2021, the dividend will be paid on 19 October 2021.

Details of the virtual Annual General Meeting 2021 are available under the following link:
https://www.patrizia.ag/en/shareholders/events-for-shareholders/annual-general-meetings/

PATRIZIA: A leading partner for global real assets

As a company with operations around the world, PATRIZIA has been offering investment opportunities in real estate and infrastructure assets for institutional, semi-professional and private investors for 37 years. PATRIZIA manages more than EUR 48 billion in assets and employs over 800 professionals at 24 locations worldwide. PATRIZIA has been impact investing since 1984. Since its inception and through the PATRIZIA Foundation, the company is committed to social responsibility. The Foundation has helped over 230,000 children in need worldwide gain access to education and thus, has given them the chance of a better life over the last 21 years. You can find further information at www.patrizia.ag


Contact:

Martin Praum

Head of Investor Relations

Phone: +49 (0) 69 643505-1114

[email protected]