GIEAG Immobilien AG decided to appoint Dr. Oscar Kienzle as the new member of the supervisory board. The appointment became necessary when Prof. Dr. Alexander Hemmelrath, the previous chairperson of the company supervisory board, chose to resign his position. The supervisory board also elected Alexander Pferschy, who has an engineering degree, as vice-chair. Dr. Oscar Kienzle, is on the management board of the Gonther Graf von
Hardenberg Stiftung in Karlsruhe and until August 2011 was company spokesperson for IC Immobilien Holding AG and subsequently member of the
supervisory board. Furthermore he is the deputy chairman of the supervisory board of Fair Value Reit AG.