Investor Relations Activities

Vonovia SE is committed to a transparent, ongoing dialogue with its shareholders and potential investors. We continued with our roadshows and meetings in the first three months of the 2026 fiscal year in the form of virtual and face-to-face events. During this period, we took part in a total of nine investor conference days and organized seven roadshow days.

As part of the investor dialogue, the Chair of the Supervisory Board conducts an annual corporate governance roadshow spanning several days, in particular addressing topics specific to the Supervisory Board, such as Management Board remuneration and the work and composition of the Supervisory Board and the relevant committees. In January 2026, for example, the Chair of the Supervisory Board, Clara-Christina Streit, engaged in intensive dialogue with 13 of our biggest investors in the context of one such roadshow.

In addition, numerous one-on-one meetings, video conferences and conference calls were held with investors and analysts to keep them informed of current developments and special issues. In particular, the CEO change, growth and capital structure dominated the meetings held in the first quarter of 2026.

We will also continue to communicate openly with the capital market. Various roadshows, conferences and participation in investor forums have already been planned. Information can be found in the Financial Calendar on our Investor Relations website.

Analyst Assessments

As of March 31, 2026, 22 national and international analysts were publishing research studies on Vonovia. The average target share price was € 32.67. Of these analysts, 64% issued a “buy” recommendation, with 18% issuing a “hold” recommendation and 18% a “sell” recommendation.