Andreas Steyer will resign from the Executive Board of DEMIRE Deutsche Mittelstand Real Estate AG effective June 30, 2017 to pursue new professional challenges. His Executive Board contract, which runs until March 31, 2019, will be terminated prematurely by best mutual amicable agreement with the Supervisory Board. As of July 1, 2017, the Executive Board of the company will consist of Mr. Markus Drews (CEO) and Mr. Ralf Kind (CFO).