publity AG announced that the CEO of the company, Thomas Olek, informed the Supervisory Board of publity that he wishes to terminate his position on the Executive Board of the company as of 31 December 2020. The Supervisory Board has accepted Olek's request with the best mutual understanding and expresses its thanks to him for the work he has done in the past. Beginning in 2021, Olek will continue as a consultant to the entire Group in the areas of big data real estate analysis and internationalization, which have been identified as key success factors for the further development of publity and its Group companies. Olek therefore also informed the Supervisory Board that the talks with the Supervisory Board of publity's subsidiary PREOS Global Office Real Estate & Technology AG about taking over a position on the Executive Board of PREOS have been postponed. Olek reiterated to the Supervisory Board of publity that he intends to remain a majority shareholder of publity in the long term and to further expand his shareholding depending on the share price. The existing lock-up agreements shall also remain unaffected by the change. The publity board will therefore consist of the current board members Frank Schneider and Stephan Kunath.