Deutsche Konsum REIT-AG proposed to adjust the dividend proposal for the past financial year 2021/2022 to be submitted to the Annual General Meeting. Instead of the previously intended full distribution of the net profit for the year (in the amount of EUR 0.48 per share), the Management Board proposes to make use of the option to create a half reinvestment reserve from realised capital gains in accordance with § 13 (3) of the REIT Act and to make an allocation to reserves in the amount of EUR 12,689,275. A distribution of EUR 4,218,713 or EUR 0.12 per share shall be made to the shareholders from the remaining balance sheet profit.

The remaining amount of EUR 77,425 shall be transferred to the profit carried forward. In terms of 58(4) sentence 2 AktG (German Stock Corporation Act), the entitlement to the dividend is due on the third business day following shareholder approval of the dividend resolution at the annual general meeting, accordingly (subject to shareholder approval) the dividend payment will be made on 18 July 2023 to shareholders on the register on the record date of 17 July 2023. In South Africa, the last day to trade will be 12 July 2023 and the ex-dividend date will be 13 July 2023.