TAG Immobilien AG - Homes for Generations: Sustainability Report 2023
published

EQS-News: TAG Immobilien AG / Key word(s): Sustainability/ESG
TAG Immobilien AG - Homes for Generations: Sustainability Report 2023
published

25.04.2024 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Homes for Generations: Sustainability Report 2023 published

  * TAG provides affordable housing in liveable neighbourhoods for all
    generations; goal of making the portfolio largely climate-neutral by
    2045 is being resolutely pursued

  * CO2 intensity in the German portfolio further reduced through
    investments in building and heating refurbishment - around 62% of the
    portfolio is energy efficiency class C or better

  * Newbuild projects in Poland also prioritise sustainability: '15-Minute
    City' concept and self-developed Green Standard are just two of many
    initiatives

  * First Social Day in 2024 - employees encouraged to volunteer for charity
    projects

  * TAG in Top 10 of 1,000 real estate companies analysed worldwide in 2024,
    as per the latest Sustainalytics ESG rating

Hamburg, 25 April 2024

TAG's decarbonisation strategy progresses with targeted investments in the
German portfolio

TAG's goal is to have a largely climate-neutral portfolio by 2045 in line
with the Paris Climate Agreement. TAG is in an excellent position with its
real estate portfolio in Germany, which emits around 29.4 kg CO2eq/sqm
(2022). At this time, c. 62% of all buildings in the German portfolio
already have Energy Performance Certificates in the four best categories (A+
to C). This proportion is to be further increased and also boosted with the
ongoing model projects for serial refurbishment. In the projects launched in
2023 in Delmenhorst, Merseburg and Salzgitter, serial refurbishment reduces
on-site construction time by around 50% to 75% - depending on the scope of
the measures - thanks to digital prep work and industrial prefabrication of
the building elements. In this way, TAG is helping to provide
climate-friendly and socially compatible living space for multiple
generations.

Sustainable newbuild in Poland expanded through numerous initiatives

In Poland, TAG is working to meet the growing demand for rental apartments.
By the end of 2023, c. 2,400 rental units had already been added to the
existing portfolio. Another 1,400 rental units are under construction. In
addition, almost 3,600 residential units were sold in Poland in the 2023
financial year. Here, TAG's sustainability strategy is supported by a
systematic focus on the concept of the '15-Minute City' with its short
distances and the self-developed Green Standard for newbuild projects, which
emphasises environmentally friendly infrastructure, low-emission building
systems, and sustainable materials.

Responsibility for society - Affordable housing and quality service

TAG's aspiration is to offer tenants in its neighbourhoods not just a
dwelling space, but a real home. To this end, community projects were
expanded and new neighbourhood initiatives founded in 2023 as in previous
years. TAG's social commitment has been repeatedly recognised with awards -
for example, in 2023 TAG received the Outstanding Contribution to Society
Award, which is presented annually by the European Public Real Estate
Association (EPRA).

High service quality is a key factor for satisfied tenants. In this
connection, TAG further expanded its tenant communications and has, for
example, offered a standardised call-back service since September 2023.
Numerous service improvements were also implemented in the areas of damage
reports and document management. Monthly random sample surveys are used to
gauge how these services are received by tenants and to identify any further
need for improvement.

Employees actively shape their future - TAG hosts first Social Day in 2024

Well-trained and dedicated employees form the basis for long-term success.
With this in mind, TAG encourages its employees to take personal
responsibility and actively contribute their ideas. Employees are also
involved in the company's further development through workshops and
participation in cross-divisional and Group-wide projects. TAG Social Day
makes its debut in 2024, giving employees the option to receive one working
day of special leave to volunteer for a social project.

TAG retains leading sustainability rating

The commitment of TAG and its employees has already been repeatedly
recognised and honoured by ESG rating agencies. In a report published by
Sustainalytics in 2024, TAG improved its position in a global analysis and
ranking of more than 1,000 real estate companies 9th place, which
corresponds to a placement in the top 1% of the real estate sector.

Claudia Hoyer, COO and Co-CEO of TAG, explains: "It has always been our
aspiration for tenants to find not only a dwelling space, but a real home in
our neighbourhoods. To this end, we again worked to ensure a spirit of
community in our neighbourhoods in 2023. Together with partners from the
social sector, we expanded projects in several regions and launched new
neighbourhood initiatives. We are delighted that our social commitment was
recognised repeatedly in the reporting year with excellent rating results
and awards - at both the national and international level."

Further details on TAG's sustainability activities and targets can be found
in the Sustainability Report 2023 at
www.tag-ag.com/en/sustainability/reports.

Contact

TAG Immobilien AG Hamburg

Dominique Mann

Head of Investor & Public Relations

Phone +49 (0) 40 380 32 305

ir@tag-ag.com

TAG Immobilien AG Berlin

Verena Schulz / Kati Pohl

ESG/Sustainability

Phone +49 (0) 30 52 00 54 100

nachhaltiger@tag-ag.com


---------------------------------------------------------------------------

25.04.2024 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.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---------------------------------------------------------------------------

   Language:       English
   Company:        TAG Immobilien AG
                   Steckelhörn 5
                   20457 Hamburg
                   Germany
   Phone:          040 380 32 0
   Fax:            040 380 32 388
   E-mail:         ir@tag-ag.com
   Internet:       http://www.tag-ag.com
   ISIN:           DE0008303504
   WKN:            830350
   Indices:        MDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard), Munich;
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Stuttgart, Tradegate Exchange
   EQS News ID:    1887445

End of News EQS News Service
---------------------------------------------------------------------------

1887445 25.04.2024 CET/CEST