DGAP-News: Aareal Bank AG / Key word(s): Personnel/Statement 
Absence of CEO Hermann J. Merkens, due to ill health, continues 
2021-03-12 / 21:15 
The issuer is solely responsible for the content of this announcement. 
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Absence of CEO Hermann J. Merkens, due to ill health, continues 
Wiesbaden, 12 March 2021 - Today, the Chairman of the Management Board of Aareal Bank AG, Hermann J. Merkens, informed 
the Chairman of the Supervisory Board, Marija Korsch, that his absence due to ill health will last longer than 
originally expected and communicated on 8 November 2020. Whether and when Mr Merkens will be able to return to his 
duties cannot be reliably predicted at this point. The substitution regulations communicated for the Company's 
Management Board will remain in force until further notice. The Supervisory Board is expediting the search for a 
successor, which it has initiated as a precautionary measure, alongside an analysis of the size and composition of the 
Management Board, as communicated during the annual press conference on 24 February. 
Marija Korsch, Chairman of the Supervisory Board, commented: "The Supervisory Board regrets that the recovery of the 
Chairman of our Management Board is taking longer than expected. We continue to hope that we will be able to resume the 
successful collaboration with Mr Merkens, to whom our Company owes a great deal. Mr Merkens can count on our continued 
support. However, as a matter of precaution, we have initiated a search process for a successor that we will expedite 
due to the current situation. The Supervisory Board would like to express its gratitude to the other members of the 
Management Board - in particular, Marc Hess and Thomas Ortmanns - for their willingness to keep fulfilling the 
additional tasks and responsibilities they have assumed until further notice, ensuring the Company's continued 
sustained and unrestricted strategic and operational capacity, at all times." 
Contacts: 
Sven Korndörffer 
Phone: +49 611 348 2306 
sven.korndoerffer@aareal-bank.com 
René Hartmann 
Phone: +49 611 348 3438 
renepascal.hartmann@aareal-bank.com 
Aareal Bank Group 
Aareal Bank Group, headquartered in Wiesbaden, is a leading international property specialist. It provides smart 
financings, software products, and digital solutions for the property sector and related industries, and is present 
across three continents: Europe, North America and Asia/Pacific. Aareal Bank AG, whose shares are included in Deutsche 
Börse's MDAX index, is the Group's parent entity. It manages the various entities organised in the Group's three 
business segments: Structured Property Financing, Consulting/Services Bank, and Aareon. The Structured Property 
Financing segment encompasses all of Aareal Bank Group's property financing and funding activities. Here, the Bank 
supports its clients in making large-volume commercial property investments. The investment properties mostly comprise 
office buildings, hotels, shopping centres, logistics and residential property, as well as student apartments. In the 
Consulting/Services Bank segment, Aareal Bank Group supports businesses from the housing, property management and 
energy industries as a digitalisation partner - combining extensive advisory services and product solutions with 
traditional corporate banking services and deposit-taking. Subsidiary Aareon, a leading consultancy and IT systems 
house for the European property industry and its partners in the digital age, forms the third business segment. Aareon 
offers reliable, pioneering solutions in the fields of consulting, software and services to optimise IT-supported 
business processes, and to extend business models. The Aareon Smart World digital platform links businesses from the 
housing industry and related sectors with customers, staff and business partners, as well as connecting technical 
devices in apartments and buildings. 
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2021-03-12 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
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:      MDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Munich, Stuttgart, Tradegate Exchange; Stockholm 
EQS News ID:  1175394 
 
End of News   DGAP News Service 
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1175394 2021-03-12

(END) Dow Jones Newswires

March 12, 2021 15:17 ET (20:17 GMT)