Peach Property Group AG: Board of Directors submits election proposals for AGM and proposes capital increase

Zürich (pta040/08.04.2025/18:30 UTC+2)

Ad hoc announcement pursuant to Art. 53 LR

• Michael Zahn runs again for Chairman of the Board of Directors
• Large degree of continuity on the Board of Directors
• Cash capital increase planned through the issue of up to 10,000,000 new shares

The Board of Directors of Peach Property Group AG ("Peach Property Group"), a real estate investor focused on residential real estate in Germany, will propose to the Annual General Meeting on May 23, 2025, the re-election of the vast majority of the incumbent members of the Board of Directors. Eric Assimakopoulos will not be standing for re-election. The Board of Directors proposes therefore the election of Mr. Alexander Hesse. Michael Zahn is once again standing for the office of Chairman of the Board of Directors. According to the Board of Directors' election proposal, the Board of Directors will soon consist of Michael Zahn (Chairman), Beat Frischknecht, Alexander Hesse, Urs Meister and Cyrill Schneuwly.

Alexander Hesse was Co-Chair of Lone Star's European real estate business until 2020. Until 2007, he was responsible for the asset management of the fund's real estate in Germany. Among other roles, he was Chairman of the Supervisory Board of GTC S.A. and Isaria Wohnbau AG, Deputy Chairman of the Supervisory Board of TLG Immobilien AG and Propertize B.V., and a member of the Supervisory Board of Raisin Bank AG. Today, he invests in real estate and start-ups and is a member of the board of the Little House of Hope foundation.

In addition, the Board of Directors will propose to the shareholders at the Annual General Meeting a cash capital increase with subscription rights. It is proposed to issue up to 10,000,000 new shares, with the Board of Directors being authorized to set the issue price for the new shares. The net proceeds from the ordinary capital increase are to be used primarily for the repayment of unsecured debt instruments.

Michael Zahn, Chairman of the Board of Directors of Peach Property Group: "I regret the departure of Eric Assimakopoulos and thank him for his work. At the same time, I am pleased that, in Alexander Hesse, we have been able to gain a high-profile expert in the European real estate sector as a candidate for the Board of Directors. With our election proposal, we ensure a high degree of continuity on our Board."

Gerald Klinck, Chief Executive Officer der Peach Property Group: "The implementation of the proposed capital increase gives us the opportunity to further refinance our unsecured liabilities. This will further reduce the Group's overall debt level, which will help to simplify our financing structure. We are thus consistently continuing on our path to further develop Peach Property Group "

Contacts:

Media, investors and analysts
Gerald Klinck, Chief Executive Officer
+41 44 485 50 00 | investors@peachproperty.com

Media Germany
Rosenberg Strategic Communications GmbH & Co. KG
Dirk T. Schmitt, Managing Partner
+49 170 302 8833 | D.Schmitt@RosenbergSC.com

About Peach Property Group AG

Peach Property Group is a property investor focused on residential investment in Germany. The group stands for many years of experience, expertise and quality. Innovative solutions for tenants' needs, strong partnerships and a broad value chain complete the profile, while digitalization and sustainability characterize the operational business. The portfolio consists of high-yield properties, typically in German Tier II cities in the catchment areas of major metropolitan areas. Activities therefore cover the entire value chain, from site evaluation and acquisition to active asset management and the letting or sale of properties. In addition, the Group is developing selected properties in Switzerland for sale as condominiums, the latest of which is the "Peninsula Wädenswil" project.

Peach Property Group AG is headquartered in Zurich and has its German headquarters in Cologne. Peach Property Group AG is listed on the SIX Swiss Exchange (PEAN, ISIN CH0118530366). The Board of Directors includes Michael Zahn (Chairman), Cyrill Schneuwly, Beat Frischknecht, Urs Meister and Eric Assimakopoulos.

Further information: https://www.peachproperty.com/en/

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Emitter:	Peach Property Group AG Neptunstrasse 96 8032 Zürich Switzerland
Contact Person:	Gerald Klinck, CEO
Phone:	+41 44 485 50 00
E-Mail:	investors@peachproperty.com
Website:	www.peachproperty.com
ISIN(s):	CH0118530366 (Share)
Stock Exchange(s):	SIX Swiss Exchange; Free Market in Berlin, Frankfurt, Stuttgart