Ordinary Annual General Meeting on 12 April 2022

• All of the Board of Directors' proposals approved
• Dividend payout of CHF 0.72 resp. CHF 3.60 from capital contribution reserves
• Extension of authorised share capital
• Election of existing board members and chairman confirmed
• Re-election of the Remuneration Committee
• Appointment of the auditors confirmed

The Annual General Meeting approved all of the Board of Directors' proposals by a substantial majority.

The distribution from the capital contribution reserves of CHF 0.72 gross/net per registered share with a nominal value of CHF 1.80 (voting shares) and CHF 3.60 gross/net per registered share with a nominal value of CHF 9.00 is expected to be paid out on 21 April 2022. The ex-date is 19 April 2022.

The proposed amendment to the Articles of Association regarding the extension of the authorised share capital until 11 April 2024 was approved.

Alexander Vögele was re-elected as Chairman of the Board of Directors for another year. All other members of the Board of Directors were also re-elected, namely Dr Hans-Peter Bauer, Andreas Hämmerli, Christian Perschak and Carolin Schmüser (Andreas Hämmerli and Christian Perschak also as members of the Remuneration Committee). PricewaterhouseCoopers AG (Zurich) was also confirmed as the auditor for another year, as was Pablo Bünger as the independent proxy representative.

As already communicated in the media release of 15 March 2022, Bruno Kurz took over the CEO function of SF Urban Properties Ltd as of 1 April 2022, succeeding Adrian Schenker, who had been CEO of the company since 2018.

The next ordinary Annual General Meeting is scheduled for 5 April 2023.