ADO Properties S.A.: Thomas Zinnöcker to join the Board of ADO Properties at the next shareholder meeting

Berlin, 13 July 2020 - The nomination and compensation committee (the "Committee") of ADO Properties S.A. ("ADO Properties") is very pleased to announce that Mr. Thomas Zinnöcker, CEO of ISTA International GmbH and Chairman of the Corporate Governance Initiative of the German real estate industry, has confirmed his willingness to join the board of directors of ADO Properties (the "Board") as an independent director.

Mr. Thomas Zinnöcker has previously had various board positions at German listed residential companies: CEO of GSW Immobilien AG, CEO of Gagfah S.A. and Deputy CEO of Vonovia SE. With his extensive experience in the real estate industry and his renowned corporate governance expertise, the Committee is confident that Mr. Zinnöcker, once appointed, will bring a valuable perspective to the Board. The Board has resolved to submit Mr. Zinnöcker's appointment for approval at the next general meeting.

Contact

Investor Relations:

T +352 278 456 710
F +352 203 015 00
E ir@ado.properties

Media Relations:

Finsbury
Gordon Simpson
E Gordon.Simpson@finsbury.com
Ed Simpkins
E Edward.Simpkins@finsbury.com
T +44 207 251 3801

Hering Schuppener
Christian Falkowski
E cfalkowski@heringschuppener.com
T +49 69 92 18 74 64