Corporate Governance

S IMMO commits to the Austrian Code of Corporate Governance

The Austrian Code of Corporate Governance (ACCG) contains principles relating to transparency and sound corporate management. S IMMO AG has been committed to the ACCG since 2007. The Management Board has aligned its corporate management with the principles of the ACCG and declares compliance with and adherence to the C rules in conjunction with the Supervisory Board. By doing this, we aim to strengthen investor confidence in us and our real estate share.

Management Board and Supervisory Board

The Management Board of S IMMO AG has two members, and the Supervisory Board has eight. The activities of the Management Board and Supervisory Board as well as collaboration between the two bodies are performed on the basis of legislation, the Articles of Association and the rules of procedure. In addition, the Supervisory Board has set up three committees.

Supervisory Board committees

	Audit Committee	Management Board Committee (Remuneration Committee)	Working Committee
Functions (selection)	Monitoring the accounting and reporting process Monitoring the work of auditors Monitoring the effectiveness of the Internal Control System Monitoring the risk management system Monitoring the process of auditing the group's financial statements	Negotiation, conclusion and amendments of the contracts of the Management Board members	Approvement of certain transactions
Members	Martin Simhandl (Chairman) Franz Kerber Manfred Rapf Wilhelm Rasinger	Martin Simhandl (Chairman) Franz Kerber Wilhelm Rasinger	Martin Simhandl (Chairman) Franz Kerber Andrea Besenhofer Manfred Rapf

Audit Committee

Management Board Committee
(Remuneration Committee)

Working Committee

Functions (selection)

Monitoring the accounting and reporting process
Monitoring the work of auditors
Monitoring the effectiveness of the Internal Control System
Monitoring the risk management system
Monitoring the process of auditing the group's financial statements

Negotiation, conclusion and amendments of the contracts of the Management Board members

Approvement of certain transactions

Members

Martin Simhandl (Chairman)
Franz Kerber
Manfred Rapf
Wilhelm Rasinger

Martin Simhandl (Chairman)
Franz Kerber
Wilhelm Rasinger

Martin Simhandl (Chairman)
Franz Kerber
Andrea Besenhofer
Manfred Rapf

Managers' transactions

Managers' transactions or directors' dealings refer to the proprietary trading of Management Board and Supervisory Board members and related parties. Since 2007, the following purchases and sales of S IMMO securities were made:

All directors' dealings

Directors' Dealings 2019

Name	Position	Purchase	Sale	Financial instrument (ISIN)	Closing date	Average price per unit (EUR)
Wilhelm Rasinger	2)	500 units		S IMMO share (AT0000652250)	04 April 2019	18.43
Wilhelm Rasinger	2)	1,000 units		S IMMO share (AT0000652250)	09 April 2019	18.10
Ernst Vejdovszky	1)	2,000 units		S IMMO share (AT0000652250)	24 April 2019	19.50
Wilhelm Rasinger	2)	2,000 units		S IMMO share (AT0000652250)	17 June 2019	19.66
Friedrich Wachernig	1)	3,000 units		S IMMO share (AT0000652250)	17 June 2019	19.56
Wilhelm Rasinger	2)	1,000 units		S IMMO share (AT0000652250)	08 July 2019	19.36
Wilhelm Rasinger	2)	500 units		S IMMO share (AT0000652250)	25 July 2019	19.80
Wilhelm Rasinger	2)	1,000 units		S IMMO share (AT0000652250)	13 August 2019	19.10

Directors' Dealings 2018

Name	Position	Purchase	Sale	Financial instrument (ISIN)	Closing date	Average price per unit (EUR)
Franz Kerber	2)	EUR 20,000		S IMMO bond (AT0000A1Z9D9)	06 February 2018	99.718%
Elisabeth Kerber	2)	EUR 20,000		S IMMO bond (AT0000A1Z9D9)	06 February 2018	99.718%
Wilhelm Rasinger	2)	4,000 units		S IMMO share (AT0000652250)	06 February 2018	14.20
Wilhelm Rasinger	2)	4,000 units		S IMMO share (AT0000652250)	14 February 2018	14.06
Wilhelm Rasinger	2)	983 units		S IMMO share (AT0000652250)	29 November 2018	15.60
Wilhelm Rasinger	2)	2,017 units		S IMMO share (AT0000652250)	30 November 2018	15.402
This notification concerns a person which maintains a relationship with another person which performs management functions: Mr. Manfred Rapf is member of the Management Board of Sparkassen Versicherung AG Vienna Insurance Group as well as member of the Supervisory Board of S IMMO AG.	3)		6,838,596 units	S IMMO share(AT0000652250)	09 April 2018	16.14

Directors' Dealings 2017

Name	Position	Purchase	Sale	Financial instrument (ISIN)	Closing date	Average price per unit (EUR)
Wilhelm Rasinger	2)	1,000 units		S IMMO share (AT0000652250)	06 April 2017	11.50
Wilhelm Rasinger	2)	3,706 units		S IMMO share (AT0000652250)	24 July 2017	12.44
Wilhelm Rasinger	2)	70 units		S IMMO share (AT0000652250)	25 July 2017	12.34
Christian Hager	2)		1,950 units	S IMMO share (AT0000652250)	12 October 2017	15.60

Directors' Dealings 2016

Name	Position	Purchase	Financial instrument (ISIN)	Closing date	Average price per unit (EUR)
Wilhelm Rasinger	2)	1,500 units	S IMMO share (AT0000652250)	04 January 2016	8.00
Wilhelm Rasinger	2)	907 units	S IMMO share (AT0000652250)	15 January 2016	7.88
Wilhelm Rasinger	2)	593 units	S IMMO share (AT0000652250)	18 January 2016	7.81
Francisca Amilivia	3)	1,000 units	S IMMO share (AT0000652250)	25 January 2016	7.45
Wilhelm Rasinger	2)	2,000 units	S IMMO share (AT0000652250)	24 June 2016	8.48
Ralf Zeitlberger	2)	2,000 units	S IMMO share (AT0000652250)	26 August 2016	8.79

Directors' Dealings 2015

Name	Position	Purchase	Sale	Financial instrument (ISIN)	Closing date	Average price per unit (EUR)
Ralf Zeitlberger	2)	2,000 units		S IMMO share (AT0000652250)	31 August 2015	7.646

Directors' Dealings 2014

Name	Position	Purchase	Sale	Financial instrument (ISIN)	Closing date	Average price per unit (EUR)
Wilhelm Rasinger	2)	6,000 units		S IMMO share (AT0000652250)	03 January 2014	5.24
Francisca Amilivia-Elorza	3)	4,000 units		S IMMO share (AT0000652250)	03 January 2014	5.25

Directors' Dealings 2013

Name	Position	Purchase	Financial instrument (ISIN)	Closing date	Average price per unit (EUR)
Ernst Vejdovszky	1)	2,863 units	S IMMO share (AT0000652250)	10 September 2013	4.58
Ernst Vejdovszky	1)	137 units	S IMMO share (AT0000652250)	12 September 2013	4.58
Wilhelm Rasinger	2)	3,000 units	S IMMO share (AT0000652250)	19 December 2013	5.28

Directors' Dealings 2012

There were no Directors' Dealings in 2012.

Directors' Dealings 2011

Name	Position	Purchase	Sale	Financial instrument (ISIN)	Closing date	Average price per unit (EUR)
Ernst Vejdovszky	1)	2,000 units		S IMMO share (AT0000652250)	30 August 2011	3.88

Directors' Dealings 2010

Name	Position	Sale	Financial instrument (ISIN)	Closing date	Average price per unit (EUR)
Petra Hager	3)	1,587 units	S IMMO INVEST participating certificate (AT0000795737)	06 December 2010	72.3280
Petra Hager	3)	1,063 units	S IMMO INVEST participating certificate (AT0000795737)	13 December 2010	71.4250
Petra Hager	3)	2,500 units	S IMMO INVEST participating certificate (AT0000795737)	20 December 2010	70.63

Directors' Dealings 2009

Name	Position	Purchase	Financial instrument (ISIN)	Closing date	Average price per unit (EUR)
Ernst Vejdovszky	1)	5,000 units	S IMMO share (AT0000652250)	30 January 2009	2.00
Ernst Vejdovszky	1)	300 units	S IMMO INVEST participating certificate (AT0000795737)	30 January 2009	44.5
Peter Nemschak	2)	1,500 units	S IMMO share (AT0000652250)	01 September 2009	4.85
Peter Nemschak	2)	750 units	S IMMO share (AT0000652250)	10 September 2009	5.43

Directors' Dealings 2008

Name	Position	Purchase	Sale	Financial instrument (ISIN)	Closing date	Average price per unit (EUR)
Ernst Vejdovszky	1)	8,000 units		S IMMO share (AT0000652250)	24 November 2008	2.35
Holger Schmidtmayr	1)	20,000 units		S IMMO share (AT0000652250)	19 December 2008	1.72

Directors' Dealings 2007

Name	Position	Purchase	Sale	Financial instrument (ISIN)	Closing date	Average price per unit (EUR)
Holger Schmidtmayr	1)	1,007 units		S IMMO share (AT0000652250)	26 June 2007	9.89
Martin Simhandl	2)	1,578 units		S IMMO share (AT0000652250)	07 August 2007	9.47
Maria Simhandl	3)	1,575 units		S IMMO share (AT0000652250)	07 August 2007	9.47
Ernst Vejdovszky	1)	1,000 units		S IMMO share (AT0000652250)	29 August 2007	8.55
Ernst Vejdovszky	1)	1,000 units		S IMMO share (AT0000652250)	12 November 2007	7.72
Ernst Vejdovszky	1)		250 units	S IMMO INVEST participating certificate (AT0000795737)	12 November 2007	96.00

1) Management Board

2) Supervisory Board

3) Person with close relationship to member of the management

Auditor

At the 30th Annual General Meeting on 14 June 2019, KPMG Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft was appointed as the auditor of the annual and consolidated financial statements for the 2019 financial year.