DEMIRE AG: 2016 Annual General Meeting

(PresseBox) ( Frankfurt/Main, )

All proposed resolutions approved with a clear majority
All Supervisory Board members were re-elected
 Prof. Dr. Hermann Wagner continues to serve as Supervisory Board Chairman
 Process initiated for upcoming switch to Prime Standard segment


Shareholders approved the resolutions proposed at the Annual General Meeting of DEMIRE Deutsche Mittelstand Real Estate AG on June 30, 2016, with a clear majority.

The authorised capital and conditional capital were newly created, adjusted for the increase in the share capital. All of the Supervisory Board members were re-elected, and the annual compensation of each member was set to EUR 30,000.00 with the commencement of the 2017 financial year. In the constituent meeting following the Annual General Meeting, Prof. Dr. Wagner was re-elected as chairman of the Supervisory Board and Dr. Peter Maser was re-elected as deputy chairman.

In his comments on the Executive Board’s report, Hon.-Prof. Andreas Steyer, CEO of the DEMIRE Group, stated: "Following the strong growth experienced in the past two years, the DEMIRE Group’s larger size and enhanced equity position will help us to refinance our high-yield financial liabilities at significantly lower interest rates in order to strengthen our operating result".

In order to increase the Company’s capital market visibility, DEMIRE will switch to the Prime Standard segment as early as this month (July 2016). The Prime Standard is the segment with the most stringent transparency requirements.

Information on the Ordinary Annual Meeting of DEMIRE AG can be found on the Company’s website at http://www.demire.ag/en/investor-relations/agm/2016.

Disclaimer

The information in this release contains forward-looking statements that are subject to various risks and uncertainties. Such forward-looking statements are based on current forecasts, expectations and estimates of DEMIRE’s Executive Board at the time of their publication. Such statements constitute neither promises nor guarantees and are subject to various known and unknown risks and uncertainties, some of which are beyond DEMIRE’s influence. These risks and uncertainties may lead to actual results differing materially from statements that are mentioned herein. DEMIRE accepts no obligation to update or adjust the forward-looking statements contained in this release to reflect events or circumstances after the date of this release.
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