Adler Group S.A. (Adler Group) announced that its Chief Legal Officer (CLO), Sven-Christian Frank, has offered to take over the role of Sole Director of Adler's subsidiary Consus Real Estate AG (Consus) effective 7 June 2022, in addition to his current position. Following meeting on May 30, 2022, the Supervisory Board of Consus announced that it will soon resolve upon the succession of Dr. Bernd Schade and appoint Sven-Christian Frank as his successor effective 7 June 2022. The Sole Director of Consus, Dr. Bernd Schade had previously informed the Chairman of the Supervisory Board of Consus, Mr. Thomas Zinn-cker, that he will resign from his position as Sole Director of Consus with effect from 7 June 2022.