18 Mai 2017

Annual General Meeting passes all agenda points and sets path for further growth of company

• All agenda points passed with substantial majority of over 90% of votes
• Resolution for reverse stock split passed which enables further growth
• Dr Sebastian Glock voted onto supervisory board as independent non-executive director

Berlin, 18th May 2017 – GxP German Properties AG (ISIN: DE000A1YCNN8, WKN: A1YCNN) announces that at the annual general meeting of 17th May 2017 all resolutions which have been proposed by the board have been passed with more that 90% of the votes. Dr Sebastian Glock was voted onto the supervisory board as an independent non-executive board member and Mr Andreas Lewandowski was confirmed as a non-executive director. Further the seat of the company was transferred from Berlin to Frankfurt/Main.

The resolution for the reverse stock split at a ratio of 8:1 was passed with 92,65 percent of all votes. The reverse stock split is a purely technical measure to move the share price above the legal minimum issue price of one euro and to enable the company to raise new capital for further growth in the future. The value of the company and its equity capital remains unchanged through the reverse stock split.

The Annual General Meeting has further passed a resolution for a special audit of the cash and in-kind capital increase in 2016. The company welcomes this special audit.

All voting results of the AGM are published on the company’s website (www.gxpag.com)

GxP German Properties AG

With its headquarters in Berlin, GxP German Properties focuses on the Acquisition, Ownership and Management of office and retail properties in Germany. The investment strategy focuses on attractive commercial properties in the ‘Core+’ and ‘Value add’ segments in metropolitan regions and selected medium-sized cities in Germany. The company’s strategy is to leverage significant appreciation potential through proactive portfolio management whilst safeguarding sustainable rental revenues at the same time. To this end, it draws on both its many years of experience in the property market and its extensive network.

The company’s website can be accessed at www.gxpag.com

Contact:

GxP German Properties AG
Europa Center 19. OG
Tauentzienstr. 9
10789 Berlin
Germany

Phone: +49 (0)30 886 267 40
Fax: +49 (0)30 886 267 411
E-mail: info@gxpag.com

Kirchhoff Consult AG
Herrengraben 1
20459 Hamburg
Germany

Phone: +49 (0)40 609 186 65
Fax: +49 (0)40 609 186 60
E-mail: gxp@kirchhoff.de