ESRS 2 – General Disclosures

BP-1 – General Basis for Preparation of Sustainability Statements

Vonovia SE’s sustainability statement is prepared on a consolidated basis.

The scope of consolidation matches that used in Vonovia’s consolidated financial statements and reflects the activities of Vonovia SE and its subsidiaries in Germany, Austria and Sweden. These companies are listed in the list of shareholdings in the notes to the consolidated financial statements. Entities with minority interests and apartments owned by third parties are not included.

Deutsche Wohnen SE (hereinafter referred to as Deutsche Wohnen) is fully included in the consolidated financial statements and the sustainability statement of Vonovia. Deutsche Wohnen will not be issuing its own sustainability statement for the 2024 fiscal year, as it is exercising its rights under the simplifying provision for CSR reporting pursuant to Sections 289b (2) and 315b (2) HGB.

One particular feature involves the independent Care segment, which was integrated into the Group as a whole by the Deutsche Wohnen subgroup. This segment was classified as a discontinued operation in accordance with IFRS 5 at the end of 2023. In order to reflect this and also to ensure comparability in subsequent years and to ensure consistency with financial reporting, metrics are presented for ”continuing operations”, “discontinued operations” and “total” in this sustainability statement.

Alongside our own business, the sustainability statement also covers the upstream and downstream value chain, in particular suppliers, business partners and customers. These were taken into account in assessing impacts, risks and opportunities (IROs) as part of the materiality assessment.

Vonovia has not used the option to omit a specific piece of information corresponding to intellectual property, know-how or the results of innovation.