S IMMO AG: Changes in the Management Board

Vienna (pta039/10.12.2024/20:15 UTC+1)

On request of Management Board member Mr. Tomáš Salajka, the Supervisory Board of S IMMO AG and Mr. Salajka have mutually agreed today that Mr. Salajka's Management Board mandate will be terminated with effect from 10 December 2024 (end of day). At the same time, the Supervisory Board decided to appoint Mr. Pavel Měchura, who is already a member of the Executive Board of IMMOFINANZ AG, and Mr. Vít Urbanec, who was a member of the Supervisory Board of S IMMO AG until today, to the Management Board of S IMMO AG. This reflects the current ownership structure following the squeeze-out of S IMMO AG.

Martin Matula, Chairman of the Supervisory Board: "I would like to thank Mr. Salajka for his successful support of S IMMO in the implementation of the strategic portfolio optimisation. I am convinced that with the appointment of Mr. Měchura and Mr. Urbanec, we are creating the best possible conditions for leveraging further potential within the Group."

(end)

Emitter:	S IMMO AG Wienerbergstraße 9 / 7. Stock 1100 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)