Vonovia SE
Vonovia SE: Jürgen Fenk and Matthias Hünlein to join Supervisory Board of Vonovia SE

Jürgen Fenk and Matthias Hünlein to join Supervisory Board of Vonovia SE

Bochum, 25 January 2022. The Supervisory Board of Vonovia SE decided to propose Jürgen Fenk and Matthias Hünlein for election to the Supervisory Board of Vonovia SE at the Annual General Meeting on 29 April 2022. With these nominations, Vonovia and Deutsche Wohnen implement a further element of the Business Combination Agreement which they concluded for their merger in May 2021. Two Supervisory Board members, Burkhard Ulrich Drescher and Prof. Klaus Rauscher, will resign their mandates on 29 April 2022.

“I am pleased to see Jürgen Fenk and Matthias Hünlein nominated for election to the Supervisory Board of Vonovia SE. Both are proven experts in national and international property markets and their governance structures. They will use their experience on the Supervisory Board of Deutsche Wohnen SE to support the merger of the two companies. I am very much looking forward to sharing ideas and working with them,” said Jürgen Fitschen, Chairman of the Supervisory Board of Vonovia SE.

“At the same time, I’d like to thank Burkhard Drescher and Prof. Klaus Rauscher for their many years of faithful and trustworthy cooperation in the Supervisory Board. With their commitment, expertise and experience, they have had a major impact on the positive development of the company,” Fitschen emphasized.

Jürgen Fenk and Matthias Hünlein were members of the Supervisory Board of Deutsche Wohnen SE until the end of 2021, Matthias Hünlein acting as Chairman.

Prof. Klaus Rauscher has been a member of the Supervisory Board of today’s Vonovia SE since 2008, Burkhard Ulrich Drescher since 2014. Both have been appointed until the AGM in 2023.

Jürgen Fenk, who has a degree in business administration, was a member of the Management Board of Hypo Real Estate Bank International, where he was responsible for commercial real estate financing in Europe, the USA and Asia. From 2009, he worked for Landesbank Hessen-Thüringen (Helaba) and, from 2012, as a Managing Board member responsible for real estate lending, real estate management, financial institutions & public finance and administration. From October 2017 to February 2021, Jürgen Fenk worked in various management positions within the Austrian SIGNA Group. Jürgen Fenk has been CEO of Primonial REIM in Paris since March 2021.

Matthias Hünlein studied law in Passau. He started his professional career with the Deutsche Bank Group. Among other positions, he served as Director of DB Real Estate Spezial Invest GmbH, where he was responsible for product development and client relations. In November 2005, he joined Tishman Speyer Properties Deutschland GmbH, where he was Managing Director with responsibility for client relations and
equity raising in the German and European capital markets.
 

The Supervisory Board of Vonovia SE

The Supervisory Board consists of twelve independent members: Jürgen Fitschen (Chairman of the Supervisory Board), Prof. Dr. Edgar Ernst (Deputy Chairman), Burkhard Ulrich Drescher, Vitus Eckert, Dr. Florian Funck, Dr. Ute Geipel-Faber, Daniel Just, Hildegard Müller, Prof. Dr. Klaus Rauscher, Dr. Ariane Reinhart, Clara-Christina Streit and Christian Ulbrich.

About Vonovia

Vonovia SE is Europe’s leading private residential real estate company. Vonovia currently owns around 568,000 residential units (Deutsche Wohnen included) in all attractive cities and regions in Germany, Sweden and Austria. It also manages around 71,500 apartments. Its portfolio is worth approximately € 95.4 billion. As a modern service provider, Vonovia focuses on customer orientation and tenant satisfaction. Offering tenants affordable, attractive and livable homes is a prerequisite for the company’s successful development. Therefore, Vonovia makes long-term investments in the maintenance, modernization and senior-friendly conversion of its properties. The company is also creating more and more new apartments by realizing infill developments and adding to existing buildings.

The company, which is based in Bochum, has been listed on the stock exchange since 2013. Since September 2015 Vonovia has been a constituent in the DAX 30 (today DAX 40) and since September 2020 in the EURO STOXX 50. Vonovia SE is also a constituent of additional national and international indices, including DAX 50 ESG, Dow Jones Sustainability Index Europe, STOXX Global ESG Leaders, EURO STOXX ESG Leaders 50, STOXX Europe ESG Leaders 50, FTSE EPRA/NAREIT Developed Europe, and GPR 250 World. Vonovia has a workforce of more than 16,000 employees (Deutsche Wohnen included).


Additional Information:
Approval: Regulated Market/Prime Standard, Frankfurt Stock Exchange
ISIN: DE000A1ML7J1
WKN: A1ML7J
Common code: 094567408
Registered headquarters of Vonovia SE: Bochum, Germany, Bochum Local Court, HRB 16879
Business address of Vonovia SE: Universitaetsstrasse 133, 44803 Bochum, Germany

This press release has been issued by Vonovia SE and/or its subsidiaries solely for information purposes. This press release may contain statements, assumptions, opinions and predictions about the anticipated future development of Vonovia (“forward-looking statements”) that reproduce various assumptions regarding, e.g., results derived from Vonovia’s current business or from publicly available sources that have not been subject to an independent audit or in-depth evaluation by Vonovia and that may turn out to be incorrect at a later stage. All forward-looking statements express current expectations based on the current business plan and various other assumptions and therefore come with risks and uncertainties that are not insignificant. All forward-looking statements should not therefore be taken as a guarantee for future performance or results and, furthermore, do not necessarily constitute exact indicators that the forecast results will be achieved. All forward-looking statements relate solely to the day on which this press release was issued to its recipients. It is the responsibility of the recipients of this press release to conduct a more detailed analysis of the validity of forward-looking statements and the underlying assumptions. Vonovia accepts no responsibility for any direct or indirect damages or losses or subsequent damages or losses, as well as penalties that the recipients may incur by using the press release, its contents and, in particular, all forward-looking statements or in any other way, as far as this is legally permissible. Vonovia does not provide any guarantees or assurances (either explicitly or implicitly) in respect of the information contained in this press release. Vonovia is not obliged to update or correct the information, forward-looking statements or conclusions drawn in this press release or to include subsequent events or circumstances or to report inaccuracies that become known after the date of this press release.