Stefan Brendgen studied business administration at Bayreuth University and the University of Cologne. During his career, he held various management positions in the real estate industry, including DTZ Zadelhoff, Tishman Speyer Properties and Allianz Real Estate. From 2015 to 2017, he was a Board Member at IVG Immobilien AG and, among others, Chairman of the Supervisory Board of Triuva Kapitalverwaltungsgesellschaft mbH. He has been Chairman of the Supervisory Board of Instone Real Estate Group SE since 2018 and of HAHN-Immobilien-Beteiligungs AG since 2021. Mr. Brendgen has been a member of the Board of Directors of Adler Group S.A. since June 2023 and took over the chairmanship on 19 February 2024.

Thierry Beaudemoulin graduated from the Institut d'Etudes Politiques de Paris, France in 1993 and obtained a master’s degree in real estate and urban planning from the same institution in 1995. From 1996 to 1998, Mr. Beaudemoulin was special advisor to the chief executive officer of Batigere. Between 1998 and 2000, he was head of property management at Foncia and held positions as asset manager and managing director France at ING REIM (Europe) between 2000 and 2004. From 2004 to 2006, Mr. Beaudemoulin was managing director for the Paris region at Batigere. Between 2006 and October 2019 he was chief executive officer at Covivio Germany and member of the executive board at Covivio.

Notable Directorships/Management Positions
Covivio SA, Member of the executive board Until October 2019

Thomas Echelmeyer is a Certified Public Accountant and Tax Advisor. He has over 36 years of professional experience, of which he spent ten years as CFO for GWH Immobilien Holding GmbH. Prior to joining Adler Group as CFO, Mr Echelmeyer has been working on several interim CFO assignments in Germany.

Matthias Moser studied Economics at the Johannes-Gutenberg University of Mainz. From 1998 to 2000, he was director and head of export and project finance in the infrastructure und telecom sectors of Deutsche Bank. From 2000 to 2003, Mr. Moser was managing director and partner at Terra Firma Capital Partners (formerly Nomura Principal Finance Group). From 2004 to 2009, he was managing director and partner of Fortress Investment Group. During his career, Mr. Moser also held various management positions in the real estate industry, including the chairman of the supervisory board position of Gagfah Immobilien AG between 2004 and 2009. From 2011 to 2016, Mr. Moser was managing director of Patrizia Alternative Investments GmbH and chairman of the advisory board of SüdeWo GmbH, as well as chairman of the supervisory board of GBW Immobilien AG. Mr. Moser has been a member of the Board of Directors of Adler Group S.A. since June 2024.

Thilo Schmid held several positions in the software industry including at KHK-Software, in Frankfurt and Basel and was CTO at Aparis Software GmbH. After working as a real estate project controller at the Tivona Group, Basel, he joint Wecken & Cie., a Swiss family office, as investment manager in 2008, where he is responsible for venture capital and real estate investments. Mr. Schmid is a board member of the Adler Group S.A. board of directors as of October 2020. Other current notable directorships include DTH Sárl (member of the board of directors), Cynora GmbH (member of the advisory board) and Yeditepe Marina Yatirim Turizm Insaat A.S. (member of the board of directors).