Varia US Properties : Ad Hoc Announcement

Media release

Zug, 29 April 2022

Varia US Properties: Results of today's Annual General Meeting 2022

Today's Annual General Meeting (AGM) of Varia US Properties AG held in Zug approved all motions of the Board of Directors. In accordance with Art. 27 of the Covid-19 Ordinance 3, the AGM took place without the physical presence of investors. A total of 5,053,691 shares, or 49.9% of shares with voting rights, were represented by the independent proxy. Among others, the following motions were approved by the shareholders:

• • Additional true-up dividend distribution for the business year 2021 of CHF 1.20 per share, payable on 11 May 2022.

• • Continued quarterly dividend distribution program of CHF 2.00 per share (based on the current number of outstanding shares of 10,126,018), payable in four installments of CHF 0.50 each on 10 August 2022, 10 November 2022, 10 February 2023 and 10 May 2023.

• • Re-election of all members of the Board of Directors and the Chairman.

Manuel Leuthold, Chairman of the Board of Directors of Varia US Properties, said: "On behalf of the Board of Directors, I would like to thank all our shareholders for their ongoing trust and support. We are excited about last year's results and look forward to a new successful year despite a significant increase in interest rates and inflation. Rent growth is very solid across the States, where Varia US operates. We will continue to reposition our portfolio with newer, larger and well located properties that have a better ESG performance."

Financial calendar

Next dividend payment date	11 May 2022
Q1 2022 Update	19 May 2022
Half-year results 2022	29 August 2022
Contact information

Juerg Staehelin, IRF, Phone: [phone], E-mail:[e-mail]

About Varia US Properties AG

Varia US Properties AG is a Swiss based real estate company exclusively investing in U.S. multifamily housing with a main focus on secondary and tertiary markets. Established in 2015, the Company acquires, holds, transitions and repositions properties in the boundaries of metropolitan regions of the U.S. in order to secure rental income and value growth. More information:www.variausproperties.com

Disclaimer

This communication expressly or implicitly contains certain forward-looking statements concerning Varia US Properties AG and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Varia US Properties AG to be materially different from any future results, performance or

achievements expressed or implied by such forward-looking statements. Varia US Properties AG is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.