At its meeting held on March 10, 2019, the Supervisory Board of LEG Immobilien AG appointed Lars von Lackum (currently Chief Digital Officer, CDO, 43) as Chief Executive Officer (CEO) with effect from 1 June 2019. At the same time, the Supervisory Board and Thomas Hegel (who turns 63 in April), CEO of company, agreed that Hegel will step down from the Management Board at the end of the next Annual General Meeting on 29 May 2019. After 13 years at the head of the company, Thomas Hegel agreed this early internal succession in close consultation with the Supervisory Board. He will remain available to the company as an advisor in key areas and will actively support the succession process. A new appointment was also made to the position of Chief Operating Officer (COO). The Supervisory Board has appointed Dr. Volker Wiegel (42) to the Management Board as COO for a term of three years starting on 1 June 2019. Since 2013, Dr. Volker Wiegel, a lawyer and economist, worked at LEG Immobilien AG as General Counsel and established the Legal, Structure and Organisation department, which is primarily responsible for the ongoing development of operational processes. Prior to joining LEG, Dr. Volker Wiegel worked for the international law firm Sullivan & Cromwell LLP. The responsibilities of Eckhard Schultz (54) as Chief Financial Officer (CFO) and Deputy Chairman of the Management Board remain unchanged.

The Management Board and Supervisory Board will propose a dividend of EUR 3.53 per share to the Annual General Meeting for the year 2018. This corresponds to an increase of 16.1% on the previous year (EUR 3.04 per share).