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EQS-News: ADLER Real Estate AG / Key word(s): Miscellaneous
ADLER Real Estate AG: Special audit requested by SdK rejected by the court
2023-09-12 / 10:04 CET/CEST
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

Special audit requested by SdK rejected by the court

Berlin, 12 September 2023: The Berlin Regional Court has rejected the application of the Schutzgemeinschaft der
Kapitalanleger (SdK) for a special audit of ADLER Real Estate AG ("ADLER"), a subsidiary of Adler Group S.A. The reason
was concern of bias. The court found that the special auditor Reitze Wilken Partnerschaft von Rechtsanwälten mbH, who
had been appointed by the SdK and had also already been appointed by the court, was not suitable for the special audit.
Due to personal connections to the SdK, an objective audit could not be guaranteed; rather, an audit guided by
interests - in the sense of the applicant - was to be feared.
At the same time, the court was of the opinion that the application should be rejected in its entirety. This means that
it is no longer possible to commission another law firm with the special audit.

The SdK had attempted to enforce a special audit of various business transactions of ADLER Real Estate AG, some of
which reached far into the past, after a corresponding motion at the extraordinary shareholders' meeting on 28 April
2023 failed to find a majority. After it became known that the press spokesman of the SdK was to be a member of the
special audit team, ADLER filed a complaint.



Contact

Investor Relations:
T +352 278 456 710
F +352 203 015 00
E investorrelations@adler-group.com

2023-09-12 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:      ADLER Real Estate AG 

Am Karlsbad 11
10785 Berlin
Germany

Phone:        +49 30 39 80 18 10 
Fax:          +49 30 39 80 18 199 
E-mail:       info@adler-ag.com 
Internet:     www.adler-ag.com 
ISIN:         DE0005008007, XS1211417362, DE000A1R1A42, DE000A11QF02 
WKN:          500800, A14J3Z, A1R1A4, A11QF0 
Indices:      GPR General Index 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1724087

End of News EQS News Service
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1724087 2023-09-12 CET/CEST

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END) Dow Jones Newswires

September 12, 2023 04:04 ET (08:04 GMT)