Branicks Group AG Initiates Agreement Process with VIB Vermögen AG

Branicks Group AG, through its subsidiary DIC Real Estate Investments GmbH & Co. KGaA, is set to start discussions to finalize a control and profit transfer agreement with VIB Vermögen AG. This agreement, under the German Stock Corporation Act, positions DIC REI KGaA as the controlling company while VIB acts as the controlled entity. A compensation plan is proposed for VIB's external shareholders, which includes acquiring their shares in exchange for newly issued Branicks shares. Approximately 31.25% of VIB is held by external shareholders. Final decisions on compensation and exchange offer will adhere to legal requirements.

The primary goal is to seamlessly integrate VIB into the Branicks Group, streamlining decision-making and enhancing group management efficiency, according to Sonja Wärntges, Chairwoman of Branicks. The approval process will commence with extraordinary general meetings scheduled for February 2026.