Declaration Of Conformity
Submission of declaration of conformity to the recommendations of the German Corporate Governance Code in the version dated 27 June 2022 (“2022 Code”) in accordance with Section 161 of the German Stock Corporation Act
In November 2024, the Management Board and the Supervisory Board of TAG Immobilien AG last issued a declaration on the recommendations of the German Corporate Governance Code in the version published in “Bundesanzeiger” on 27 June 2022 (“2022 Code”) in accordance with Section 161 of the German Stock Corporation Act. The two governance bodies declare as follows:
The recommendations of the 2022 Code have been followed since the last declaration of conformity was issued in November 2024 and will continue to be followed in the future.
Hamburg, November 2025
Management Board and Supervisory Board of TAG Immobilien AG
Submission of declaration of conformity to the recommendations of the Corporate Governance Code issued by the Institute of Corporate Governance in the German Real Estate Industry of September 2023 (“CGC-RE 2023”)
The Management Board and the Supervisory Board of TAG Immobilien AG last issued a declaration on the CGC-RE 2023 recommendations in November 2024. The two governance bodies declare as follows:
The CGC-RE 2023 recommendations have been followed since the last declaration of conformity was issued in November 2024 and will continue to be followed in the future with the following exception.
Recommendation D.12-i of CGK-i 2023 provides for an external assessment of the effectiveness of the Supervisory Board's work. The Supervisory Board of TAG Immobilien AG regularly assesses its work by conducting a survey of its members. The comprehensive questionnaire, which is based on best practice, covers the entire spectrum of the Supervisory Board's areas of responsibility, including cooperation between its members. The evaluation based on the detailed responses leads, if necessary, to actions that improve the work of the Supervisory Board. It sees no concrete advantages in mandating an external consulting firm, also in view of the not inconsiderable fees involved.
Hamburg, November 2025
Management Board and Supervisory Board of TAG Immobilien AG