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1 General Information

Vonovia SE is incorporated and domiciled in Germany. The company has been registered in the commercial register in Bochum under HRB 16879 since 2017. Its registered office is at Universitätsstrasse 133, 44803 Bochum, Germany. The company operates in the real estate sector.

The consolidated financial statements as of and for the year ended December 31, 2024, have been prepared in accordance with the International Financial Reporting Standards (IFRS) as adopted in the EU. In addition, the supplementary commercial law provisions under Section 315e (1) of the German Commercial Code (HGB) have been observed.

The consolidated financial statements have been prepared on the basis of amortized cost except for investment properties, assets and liabilities held for sale, derivative financial instruments, plan assets and equity instruments at fair value in other comprehensive income. These are measured at their fair value. The income statement has been prepared using the nature of expense method.

These consolidated financial statements are presented in euros, which is the Group’s functional currency. Unless stated otherwise, all figures are shown in million euros (€ million). Furthermore, amounts below the rounding threshold are shown as “0.0”. “-” is used to denote non-existing matters.

Vonovia’s Management Board prepared the consolidated financial statements on March 1, 2025, and approved them for submission to the Supervisory Board.

The following overview indicates the chapters on the individual topics containing disclosures on accounting policies, judgments and estimates:

Overview chapters containing accounting policies, judgments, estimates

Chapter

Accounting policies, judgments, estimates

A5

Currency translation

A6

Government grants

B

Profit for the period

B11

Profit on the disposal of properties

B21

Income taxes

C23

Earnings per share

D25

Intangible assets/goodwill

D26

Property, plant and equipment

D27

Investment properties

D28

Financial assets

D32

Inventories

D33

Trade receivables

D34

Cash and cash equivalents

D35

Real estate inventories

D36

Assets and Liabilities Held for Sale and Assets and Liabilities of Discontinued Operations

E37

Total equity

E38

Provisions

E40

Non-derivative financial liabilities

E42

Leases

E43

Liabilities to non-controlling interests

E44

Financial liabilities from tenant financing

F47

Share-based payment

G51

Additional financial instrument disclosures

G52

Information on the Consolidated Statement of Cash Flows