Press release
National,

Second virtual general meeting of Instone Real Estate Group AG was successful

All resolutions proposed by the Board of Management and the Supervisory Board were accepted with a large majority /// First-time dividend payment of EUR 0.26 per share resolved /// CEO confirms pioneering role in sustainability and social engagement

The Annual General Meeting 2021 of Instone Real Estate Group AG (“Instone”) was held today, Wednesday, June 9th, 2021, for the second time as a virtual shareholders' meeting due to Corona. Due to the overall successful 2020 financial year despite the pandemic, the Annual General Meeting resolved to distribute a first-time dividend of EUR 0.26 per share. The Annual General Meeting also approved all other proposed resolutions by the Management Board and the Supervisory Board with a large majority.

Kruno Crepulja, CEO and Chairman of the Board of Management, emphasized: “Our business model has brilliant growth and profit prospects in the next few years. Thank you, dear shareholders, for your loyalty to our company.” In his speech, the CEO had previously affirmed that the residential developer will be stepping up its commitment in the “affordable housing” segment. Instone contributes to solving the social problem of the housing shortage and also ensures a surge in growth in the company. At the same time, Kruno Crepulja once again underpinned Instone's clear commitment to be a pioneer in the industry when it comes to sustainability.

The voting results of the Annual General Meeting on June 9, 2021 are available on the company's website at:

https://ir.de.instone.de/websites/instonereal/English/6000/annual-general-meeting.html


Investor Relations
Instone Real Estate
Burkhard Sawazki
Grugaplatz 2-4, 45131 Essen
Tel.: +49 (0)201 45355-137
E-Mail: burkhard.sawazki@instone.de

Press Contact
Instone Real Estate
Jens Herrmann
Grugaplatz 2-4, 45131 Essen
Tel. +49 (0)201 45355-113
E-Mail: presse@instone.de