InCity Immobilien AG: MICHAEL FREUND STAYS ON THE NEXT FIVE YEARS OF THE MANAGEMENT BOARD The issuer is responsible for the content of the responsible announcement. ————————————————– ————————- MICHAEL FREUND REMAINS THE KEY BOARD (CEO) OF INCITY AG FOR THE NEXT FIVE YEARS * Contract prematurely extended until November 2027 * Assurance Personnel continuity in company management also in the future Frankfurt am Main, June 13, 2022 – The Supervisory Board of InCity Immobilien AG (“InCity AG”) unanimously decided to extend the employment contract with the company’s CEO, Michael Freund, for another five years. The current term of office, which would end in November 2022 as it stands now, will now run until November 7, 2027. Michael Freund, born in 1972, has been with InCity Immobilien AG since December 2012. Initially Chief Financial Officer (CFO) ), he managed the company from April 2015 to November 2017 as the sole director, and from November 2017 as CEO together with Helge H. Hehl as Chief Financial Officer (CFO). Helge H. Hehl’s contract has already been extended in 2020 to November 2024. “With its decision, the Supervisory Board ensured the continuity of the company’s management for the coming years,” says Georg Oehm, Chairman of the Supervisory Board of InCity AG. “We would like to express our gratitude and appreciation to the success of the management duo of Michael Freund and Helge H. Hehl with our best wishes for the continued successful implementation of the corporate strategy aimed at medium- to long-term value growth.” : InCity Immobilien AG Beethovenstraße 71 60325 Frankfurt am Main www.incity.ag Press contact Peter Dietze-Felberg Tel .: +49 (0) 30 2844 987-62 [email protected] Investor Relations Helge H. Hehl, CFA Tel .: +49 (0) 69 7191889-55 [email protected] About InCity Immobilien AG As a multidisciplinary real estate company, InCity Immobilien AG (hereinafter InCity AG) works in the areas of building and adding value to real estate portfolios, asset management and project development. In its existing portfolio, InCity AG focuses on the real estate markets of the two metropolises Berlin and Frankfurt am Main and pursues a sustainable strategy in its investments. Proper location and quality of the property as well as long-term value stability are decisive. Accordingly, the existing portfolio consists of high-quality key properties with a stable value in Berlin and real estate in sustainable attractive locations in Frankfurt with investment values ranging from EUR 5 million to EUR 50 million. In addition, InCity AG takes over comprehensive and individually designed asset management mandates on behalf of third parties. In addition, InCity AG is engaging in partner models with regional project developers for residential and commercial real estate projects in selected German metropolitan regions and has its project development department in July 2021, accepting a contract for the construction of a new office property in the immediate vicinity of the Airport Berlin-Brandenburg (BER) has been significantly strengthened as general contractor and complemented by its own development activities. More information about the company can be found at: www.incity.ag ———————————– – – ————————————– 06/13/2022 Publication of corporate news / financial announcement by DGAP – EQS Group AG service. The issuer / publisher is responsible for the content of the application. DGAP’s distribution services include statutory reporting, corporate / financial news, and press releases. Media archive at http://www.dgap.de ————————————– – – ———————————– Language: German Company: InCity Immobilien AG Beethovenstraße 71 60325 Frankfurt am Main Germany Telephone: IR: +49 (0) 69 7191889 55 PR: +49 (0) 30 2844 987 62 Fax: +49 (0) 69 719 18 89 790 E-mail: [email protected] Internet: www.incity.ag ISIN: DE000A0HNF96 WKN: A0HNF9 Exchanges: Freiverkehr in Berlin, Düsseldorf, Frankfurt (Basic Council), Hamburg, Stuttgart, Tradegate Exchange EQS News ID: 1373723 End of DGAP News-Service —- – – ————————————————- – ——————– 1373723 06/13/2022 °
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