LEG Immobilien : Dividend Announcement

These materials are not an offer or the solicitation of an offer for the sale or subscription of the shares of LEG Immobilien SE in the United States of America or any other jurisdiction where it would be unlawful to do so. In particular, the subscription rights shall not be exercised in the

United States except by, and the subscription rights and the shares referred to herein (the "Securities") may not, at any time, be offered, sold, exercised, pledged or transferred to or within

the United States of America except to "qualified institutional buyers" (as defined in Rule 144A under the U.S. Securities Act of 1933, as amended ("Securities Act") due to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. LEG Immobilien SE has not registered and does not intend to register the Securities under the Securities Act. LEG Immobilien SE will not publicly offer the Securities in the United States of America.

LEG Immobilien SE

Düsseldorf

ISIN: DE 000LEG1110

WKN: LEG 111

Dividend Announcement

On 23 May 2024, the annual general meeting of LEG Immobilien SE (the "Company") resolved to appropriate EUR 181,567,726.20 of the retained earnings for fiscal year 2023 in the amount of EUR 236,408,590.44 for distribution of a dividend of EUR 2.45 per eligible share (74,109,276) and to carry the remaining amount of EUR 54,840,864.24 forward to new account.

The dividend will be paid, at the discretion of the shareholders, (a) in cash or (b) in the form of shares in the Company. Each Shareholder may choose to receive a cash dividend for a part of its shares and a dividend in the form of shares for the remaining part of its shares. Further details on this subject are set out in a separate information document pursuant to Article 1 paragraph 4 lit. h), paragraph 5 subparagraph 1 lit g) Regulation (EU) 2017/1129 (prospectus exemption document). This document is available on the Company's website at https://ir.leg-se.com/en/agm2024and particularly contains information on the number and type of shares and explanations about the reasons for and details of the share offer. Details on the subscription to the new shares are explained in the subscription offer published on 24 May 2024 on the company's websitehttps://ir.leg-se.com/en/agm2024and in the German Federal Gazette (Bundesanzeiger).

The cash dividend will presumably be paid out on 26 June 2024 by the depository banks via Clearstream Banking AG, Frankfurt am Main. The paying agent is COMMERZBANK Aktiengesellschaft.

The subscription of the new shares is only permitted if the shareholder is not in the United States of America, Canada, Australia or Japan at the time of the submission of the relevant subscription declaration or in any other jurisdiction in which the subscription to shares is subject to restrictions or would be not permissible, unless the shareholder in the United States of America is a qualified institutional buyer ("QIB") within the meaning of Rule 144A of the U.S. Securities Act of 1933, as amended.

Where the payment of the dividend is made in the form of shares, the new shares will be delivered presumably on 26 June 2024, also.

The dividend for the fiscal year 2023 is paid in full from the tax deposit account within the meaning of Section 27 of the German Corporation Tax Act (Körperschaftsteuergesetz) (contributions not paid into the nominal capital). Therefore, it is paid without deduction of capital gains tax and solidarity surcharge. This applies for the cash dividend as well as for the scrip dividend. The dividend is not eligible for tax refund or tax credit.

Düsseldorf, May 2024

LEG Immobilien SE

The Management Board