Buwog : ARC GRAND AWARD for the BUWOG annual report

• Highest international distinction in the category "Financial Data" in the world's largest competition for corporate reports
• Additional awards in the categories "Cover Photo/Design" and "Illustrations"

Andreas Segal, Deputy CEO & CFO with the ARC Grand Award | Photo: BUWOG/Michael Lippitsch

For its 2015/16 annual report BUWOG AG has won the highest possible distinction, the GRAND AWARD, in the category "Financial Data" in the world's largest competition for corporate reports, the Annual Report Competition (ARC). This year there were 1,987 submissions from 33 countries evaluated by an international jury of experts in the 31st edition of the ARC Awards.

The title of the BUWOG Annual Report 2015/16 was "We Get Ideas off the Ground". To increase transparency and clarity, reporting in accordance with EPRA (European Public Real Estate Association) guidelines was included as a new element for the first time.

In addition to the GRAND AWARD, there was also a gold and silver award in the respective categories for "Illustrations" and "Cover Photo/Design". The consulting agency for the production of BUWOG AG's annual report was Mensalia Unternehmensberatungs GmbH of Vienna.

Andreas Segal, Deputy CEO and CFO of BUWOG AG, says: "The ARC Grand Award is a wonderful recognition for our successful reporting activity and the efforts of the entire team. In the communication with shareholders and analysts the annual report is one of the most important media of information, and our objective is to enhance clarity, completeness and transparency from report to report, setting new standards in the industry in the process".

The BUWOG annual report for the 2016/17 financial year has meanwhile been published and can be accessed together with all of the other financial reports and presentations on the company's website underwww.buwog.comin the Investor Relations section.

The ARC Award is organised annually by the New York agency MerComm. More information under:http://www.mercommawards.com/arc/grand.htm

About the BUWOG Group

The BUWOG Group is the leading German-Austrian full-service provider in the residential property business and now looks back on 66 years of expertise. Its property portfolio encompasses more than 49,200 units and is located in Germany and Austria. In addition to Asset Management, the entire value chain of the residential sector is covered by Property Sales and Property Development. The shares of BUWOG AG have been listed on the stock exchanges in Frankfurt am Main, Vienna (ATX) and Warsaw since the end of April 2014.