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TLG IMMOBILIEN PUBLISHES INVITATION TO ANNUAL GENERAL MEETING 2020 AND PROPOSES DIVIDEND PAYMENT

DGAP-News: TLG IMMOBILIEN AG / Key word(s): Real Estate/AGM/EGM
31.08.2020 / 16:15
The issuer is solely responsible for the content of this announcement.

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TLG IMMOBILIEN PUBLISHES INVITATION TO ANNUAL GENERAL MEETING 2020 AND PROPOSES DIVIDEND PAYMENT


Berlin, 31 August 2020 - TLG IMMOBILIEN AG (ISIN: DE000A12B8Z4, the "Company" or "TLG") published today the invitation to the Annual General Meeting ("AGM") which will be held on 7 October 2020. In light of the Covid-19 Pandemic, TLG decided to host the AGM virtually in order to ensure the health and safety of its shareholders, employees, management and service providers. The Management Board and the Supervisory Board of TLG propose to the AGM in accordance with guidance the distribution of a dividend amounting to €0.96 (gross) per share, relating to the fiscal year 2019, subject to approval by the AGM.

The Company further announces a new structure for its Supervisory Board. TLG received the resignation of three of its members of the Supervisory Board, Mr. Jonathan Lurie, Mr. Hellmut Ulrich and Mr. Klaus Krägel, who will join the management body of Aroundtown as Chief Development Officer. The Chairman, Mr. Sascha Hettrich, and Deputy Chairman, Mr. Ran Laufer will remain in their current positions. TLG further nominated Mr. Frank Roseen as a member of the Supervisory Board. Mr Roseen has many years of experience in executive roles in European Real Estate, having served, among others, as CEO of Germany and CEE of GE capital and real estate, and is currently a member on the Board of Directors of Aroundtown SA. The Company believes Mr. Roseen will be a strong addition to the Supervisory Board.

Further information to the AGM, also regarding the virtual attendance, and the proposed dividend is available on the Company's website under the General Meeting section.
https://ir.tlg.eu/websites/tlg/English/5074/annual-general-meeting-2020.html

Contact
TLG IMMOBILIEN AG
E-Mail: IR@TLG.DE

About the Company
For over 25 years, the listed company TLG IMMOBILIEN AG has owned and rented out commercial properties in selected promising locations in Germany. The company continuously develops its portfolio and actively generates value through strategic investments and selected property acquisitions. The portfolio comprises mainly office properties in cities including Berlin, Dresden, Frankfurt/Main, Leipzig and Rostock. The properties of TLG IMMOBILIEN AG stand out not only due to their excellent locations but also because of their long-term rental or lease agreements. Its highly qualified employees guarantee extensive local market expertise at its individual locations.



31.08.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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