DGAP-Ad-hoc: Aareal Bank AG / Key word(s): Miscellaneous 
Aareal Bank AG: Petrus Advisers increases voting rights, demands replacement of Supervisory Board members 
31-March-2021 / 19:15 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
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Petrus Advisers increases voting rights, demands replacement of Supervisory Board members 
Petrus Advisers Ltd has informed Aareal Bank AG that it has increased its shareholding in the Company; according to 
Petrus Advisers, it now holds an aggregate 9.80% of voting rights. At the same time, Petrus Advisers has submitted 
demands to the Bank's Supervisory Board for a partial replacement of Supervisory Board members; specifically, it 
demands that three out of eight shareholder representatives on the Supervisory Board - including the Chairman - be 
replaced. 
Contact: 
Jürgen Junginger, Head of Investor Relations 
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31-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and 
Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      Aareal Bank AG 
              Paulinenstr. 15 
              65189 Wiesbaden 
              Germany 
Phone:        +49 (0)611 348 - 0 
Fax:          +49 (0)611 348 - 2332 
E-mail:       aareal@aareal-bank.com 
Internet:     www.aareal-bank.com 
ISIN:         DE0005408116 
WKN:          540811 
Indices:      SDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Munich, Stuttgart, Tradegate Exchange; Stockholm 
EQS News ID:  1180323 
 
End of Announcement  DGAP News Service 
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1180323 31-March-2021 CET/CEST

(END) Dow Jones Newswires

March 31, 2021 13:16 ET (17:16 GMT)