Foreword

Dear readers,

As one of Europe’s leading private residential real estate companies, we offer homes to more than one million people: our portfolio comprises around 531,000 of our own apartments in more than 62,000 buildings in Germany, Austria and Sweden, with a fair value of around € 84.4 billion.

Housing isn’t just another product – it means providing our customers with a home. As such, we have a particular responsibility towards our shareholders, customers and society at large. We actively live up to this responsibility, be it through our commitment to mitigating climate change in our portfolio, expanding the number of senior-friendly homes we offer, promoting a sense of community spirit in our neighborhoods, or building the new homes that are urgently required.

Ensuring transparency and continuity in the way we present our sustainability data is a top priority for us. In recent years, our ESG Factbook has evolved into an important and established format that provides meaningful information to complement our ESG reporting and is underpinned by reliable facts and figures. It is a practical tool allowing us and our stakeholders to illustrate the progress made and the challenges we face. We also outline our sustainability strategy on our website, where we present the current status of our top sustainability priorities.

Particularly in times when sustainability issues face headwind in society, we remain steadfast in our commitment to the path we have mapped out. We are implementing our sustainability strategy systematically and making continuous improvements as we progress on our target pathways. The ESG Factbook documents this development and makes it transparent. In particular, we would like to emphasize the marked increase in customer and employee satisfaction this year. We are also making good progress in renovating our apartments to make them senior-friendly, creating homes that meet the needs of all generations.

As part of our climate protection efforts, we are continuing to implement energy-efficiency upgrades, the installation of heat pumps, and serial modernization in our neighborhoods.

With 735 trainees and a training rate of 5.8% in Germany, we are also an attractive employer for the younger generation and are making targeted investments in the skilled workers of tomorrow.

We invite you to be inspired by the facts and figures in this Factbook and to join us in taking a look behind the scenes of our commitment to a sustainable future.

Catrin Coners

Head of Sustainability