Qualification Matrix for the Supervisory Board

New composition of the Supervisory Board:

If the candidates nominated by the Supervisory Board of IMMOFINANZ AG for the elections to the Supervisory Board are elected by the 26th Ordinary Shareholders’ Meeting, the Supervisory Board will in future consist of the following members:

For new election to the Supervisory Board of IMMOFINANZ AG are proposed:

Mrs. Bettina BREITENEDER is a proven expert in the fields of real estate development and management. She has been working in the family-owned BIP Breiteneder Immobilien Parking business group since 1993 and held various management positions in group companies. Further, she has served as CEO of DZ-Donauzentrum Besitz- und Vermietungs-Aktiengesellschaft. She has also gained extensive market expertise through various supervisory board mandates such as ERSTE Group. Mrs. Breiteneder will contribute her expertise in the areas of real estate, CEO, Supervisory Board agendas, finance, accounting, audits, corporate governance, capital market and human resources as well as insurance and Austrian market to the Supervisory Board of IMMOFINANZ AG.

Mr. Sven BIENERT is a professor at the IREBS International Real Estate Business School of University Regensburg. Previously, he headed the division Real Estate Austria at KPMG Financial Advisory Services and was managing director at Probus Real Estate GmbH in Austria. He is also co-editor of the European Valuation Standards (EVS 2009) and board member in various industry associations and committees such as the German Sustainable Building Council (DGNB). He also has extensive experience as a sworn and court-certified expert. Mr. Bienert will complement the work of the Supervisory Board in the implementation and control of IMMOFINANZ AG's strategy with his diverse experience in the areas of real estate, CEO, Supervisory Board agendas, finance, accounting, audits, corporate governance, human resources as well as the Austrian market.

Both candidates will make a significant contribution to the support and control of the strategic orientation of IMMOFINANZ AG.

Mr. Horst POPULORUM and Mr. Wolfgang SCHISCHEK terminate their membership in the Supervisory Board at their own request. The Supervisory Board would like to thank both of them for their work and their contribution to the successful strategic reorientation of IMMOFINANZ AG.

In order to achieve the best possible replacement in the Supervisory Board, the Supervisory Board of IMMOFINANZ AG has carried out a selection process on the basis of a qualification matrix. The process is shown in the diagram below:

According to the evaluation of candidates based on the qualification matrix, the Personnel and Nomination Committee recommended two candidates to the Supervisory Board. The Supervisory Board now proposes these candidates to the Shareholders’ Meeting for election. The two candidates strengthen and complement the qualification matrix of the Supervisory Board and are perfectly suited to accompany and control the strategic orientation of IMMOFINANZ AG because of their experience and expertise.

Qualification matrix of the Supervisory Board (1)

(provided that the candidates nominated by the Supervisory Board are elected):

(1) x = general experience in this field

     xx = responsibility and/or work experience in this area

     *) candidates proposed for election by the Supervisory Board to the Shareholder's Meeting