S IMMO AG: Maximum voting rights will be abolished

Vienna (pta069/01.06.2022/16:00 UTC+2)

Today, the 33rd Annual General Meeting voted with a majority of 98.44% of the capital present in favour of the abolition of the maximum voting rights. The Management Board will file the amendment of the Articles of Association for entry in the commercial register pursuant to Section 148 (1) of the Austrian Stock Corporation Act (AktG) immediately after the resolution becomes effective in order to enable CPI PROPERTY GROUP S.A. to make a mandatory offer pursuant to Section 22 of the Austrian Takeover Act (ÜbG) at the published offer price of EUR 23.50 per share (cum dividend).

Due to mandatory merger control regulations, the proposed amendment to the Articles of Association still requires prior merger control clearance from the competent competition authority in Hungary. The merger control clearances for Serbia, Slovakia, Romania, Germany and Austria have already been obtained.

This publication is a mandatory report pursuant to Art 17 of the Market Abuse Regulation (EU) No 596/2014 and does not constitute financial analysis, advice or recommendation relating to financial instruments, or an offer, solicitation or invitation to buy or sell securities of S IMMO AG. This communication does not constitute or form part of any offer to sell or any solicitation of any offer to buy or subscribe for any shares in the United States, Australia, Canada, Japan or any other jurisdiction in which such offer or solicitation is not permitted by law.

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Emitter:	S IMMO AG Friedrichstraße 10 1010 Wien Austria
Contact Person:	Elisabeth Wagerer
Phone:	+43 1 22795-1120
E-Mail:	elisabeth.wagerer@simmoag.at
Website:	www.simmoag.at
ISIN(s):	AT0000652250 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)