Supervisory Board and CFO Marc Hess jointly agree for him to leave Aareal
Bank AG at the end of his contract

EQS-News: Aareal Bank AG / Key word(s): Personnel
Supervisory Board and CFO Marc Hess jointly agree for him to leave Aareal
Bank AG at the end of his contract

15.05.2024 / 07:29 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Supervisory Board and CFO Marc Hess jointly agree for him to leave Aareal
Bank AG at the end of his contract

Wiesbaden, 15 May 2024 - Aareal Bank's Supervisory Board and Aareal Bank
Group's Chief Financial Officer, Marc Hess, have jointly agreed for him to
leave the Group at the end of his contract, which will expire at the end of
the year. The Supervisory Board will decide upon a successor for Marc Hess
in the Management Board in due course. Marc Hess will keep his current
responsibilities until his successor arrives, thus ensuring a smooth
handover.

Aareal Bank AG's Chairman of the Supervisory Board, Jean Pierre Mustier,
said: "On behalf of the Supervisory Board, I would like to express my
sincere gratitude to Marc Hess. As a highly recognised finance and capital
markets expert, he has made a significant contribution to steering the Bank
through challenging markets and times of deep uncertainty. In addition, he
has excellently positioned the Bank in the capital markets. The Bank stands
firm with outstanding capital and liquidity positions and is ready to enter
a new phase under private ownership. I would like to wish him all the best
for his endeavors and hope that our paths cross again in the future."

Marc Hess has been Chief Financial Officer (CFO) of Aareal Bank Group since
October 2018, being responsible for the Treasury, Finance, and Investor
Relations divisions. He also took on interim responsibility for the Group's
Strategy division. Under Marc Hess' leadership, the Aareal Next Level
strategy was successfully revised in 2020, laying the foundation for the
strong operating performance of Aareal Bank.
From 2007 to 2018, he was Chief Financial Officer of Deutsche Postbank AG.


Contacts for the media:

Margarita Thiel
Phone: +49 611 348 2306
Mobile: +49 171 206 9740
margarita.thiel@aareal-bank.com

Christian Feldbrügge
Phone: +49 611 348 2280
Mobile: +49 171 866 7919
christian.feldbruegge@aareal-bank.com


Contact for investors:

Aareal Bank AG - Investor Relations
Phone: +49 611 348 3009
ir@aareal-bank.com


About Aareal Bank Group

Aareal Bank Group, headquartered in Wiesbaden, is a leading international
property specialist. The Bank uses its expertise to identify trends,
challenges and opportunities at an early stage, and to exploit them for the
benefit of its stakeholders. Aareal Bank Group provides smart financings,
software products, and digital solutions for the property sector and related
industries, and is present across three continents, Europe, North America
and the Asia/Pacific region. Aareal Bank Group's business strategy focuses
on sustainable business success, with environmental, social and governance
(ESG) aspects as an integral part of this strategy.

Aareal Bank AG comprises the business segments Structured Property
Financing, Banking & Digital Solutions, and Aareon. The Structured Property
Financing segment encompasses all of Aareal Bank Group's property financing
and funding activities. Here, the Bank supports its clients in making
large-volume commercial property investments. The investment properties
mostly comprise office buildings, hotels, shopping centres, logistics and
residential property, as well as student apartments. In the Banking &
Digital Solutions segment, Aareal Bank Group supports businesses from the
housing, property management and energy industries as a digitalisation
partner - combining extensive advisory services and product solutions with
traditional corporate banking services and deposit-taking. Its subsidiary
Aareon, Europe's trusted provider of SaaS solutions for the property
industry, represents the third business segment. Committed to connecting
people, process, and property, Aareon brings the ecosystem closer together.
Aareon's Property Management System promotes efficient property management
and maintenance, enabling superior digital experiences for everyone
involved.


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15.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Aareal Bank AG
                   Paulinenstr. 15
                   65189 Wiesbaden
                   Germany
   Phone:          +49 (0)611 348 - 0
   Fax:            +49 (0)611 348 - 2332
   E-mail:         aareal@aareal-bank.com
   Internet:       www.aareal-bank.com
   ISIN:           DE000A37FT90
   WKN:            A37FT9
   Listed:         Regulated Unofficial Market in Hamburg, Hanover;
                   Stockholm
   EQS News ID:    1903301

End of News EQS News Service
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1903301 15.05.2024 CET/CEST