Company Presentation

Dr. Rüdiger Mrotzek Hans Richard Schmitz

June 2017 Agenda

1 History / Capital markets track record 2 Portfolio-Management 3 Asset-Management 4 Financial Figures / Financial Position

HAMBORNER REIT AG - Company Presentation - June 2017 2 History / Capital markets track record Historical development of the company

Mining 1953 Foundation of the company: HAMBORNER founded as a mining company 1954 Listed on stock exchange as HAMBORNER Bergbau AG 1969 Integration of the mining activities into Ruhrkohle AG Asset 1970 Continuation of HAMBORNER as a property company Administration 1990 Issuing of special share fund

2007 Change of major shareholder 2007 ff. Strategy change / new management  Growth course  Liquidation of special share fund Südinvest  Concentration on core business property 2010 Growth and value Since February 18th company name HAMBORNER REIT AG Creation as „pure property 2010 Capital Increase October 2010 public limited company“ 2011 Inclusion in S-DAX 2012 Inclusion in EPRA-Index 2012 Capital Increase July 2012 € 2015 Capital Increases in February and July 2015

2016 Capital Increase September 2016

HAMBORNER REIT AG - Company Presentation - June 2017 3 History / Capital markets track record [R]eal [E]state [I]nvestment [T]rust (REIT)

Requirements for G-REITs

▪ Listing on the regulated market

▪ at least 45 % equity-ratio

▪ > 15% free float

▪ > 75% of assets must be estate assets

▪ > 75% of revenues must stem from real estate assets

▪ > 90% of net income has to be paid as dividends each year

▪ < 10% direct holding in shares

HAMBORNER REIT AG - Company Presentation - June 2017 4 History / Capital markets track record Lean corporate structure – no holding/parent companies

HAMBORNER REIT AG

2 33 board members employees

▪ Directly owned property ▪ Internal management ▪ German-wide portfolio ▪ Only infrastructural building services externally ▪ Market value of properties: contracted out € 1,214 million (as of 31 May 2017)

Large-scale High street Office retailing

HAMBORNER REIT AG - Company Presentation - June 2017 5 History / Capital markets track record Growing market capitalization and increasing free float

Overview events Historic market cap (€ million)

▪ 2007: Start of new strategy 721 737 ▪ 2010: Achievement of G-REIT status and change of 596 company name to HAMBORNER REIT AG ▪ October 2010: Capital Increase – net proceeds of approx. € 76m 369 314 334 265 ▪ February 2011: Secondary placement of approx. 218 185 € 89 million HSH stake 131 ▪ March 2011: SDAX index inclusion ▪ March 2012: EPRA index inclusion 2008 2009 2010 2011 2012 2013 2014 2015 2016 31 May ▪ July 2012: Capital Increase – 11,373,333 new 2017 shares, net proceeds of approx. € 71.4m Shareholders

▪ May 2013: Creation of new Authorised Capital and 12.45% RAG Stiftung (Essen) Authorisation to issue option and convertible (of which: 2.67% through RAG, Herne) bonds 4.99% BNP Paribas (Paris) ▪ Feb 2015: Capital Increase – 4,549,332 new shares, gross proceeds of approx. € 40.9m – RAG Stiftung 4.95% Belfius Insurance (Brussels) new shareholder 79,717,645 shares ▪ July 2015: Capital Increase – 11,959,948 new 3.89% Prof. Dr. Siegert (Düsseldorf) shares, gross proceeds of approx. € 101.6m 3.02% BlackRock Inc. (Wilmington) ▪ September 2016: Capital Increase – 17,715,032 new shares, gross proceeds of approx. €166.5m 70.70% Freefloat HAMBORNER REIT AG - Company Presentation - June 2017 6 History / Capital markets track record HAMBORNER REIT AG share

Development of share price and turnover

1 May 2016 = 100% Number of shares

120% 900.000 115% 800.000 110% 700.000 105% 600.000 100% 500.000 95% 400.000 90% 300.000 85% 80% 200.000 75% 100.000 70% 0 06.16 07.16 08.16 09.16 10.16 11.16 12.16 01.17 02.17 04.17 HAB VOLUME Total HAB SDAX EPRA Average turnover per day (# shares)

208,000

146,000 140,000 90,000 69,000 69,000 42,000 4,500 15,000

2009 2010 2011 2012 2013 2014 2015 2016 Jan-May 2017 HAMBORNER REIT AG - Company Presentation - June 2017 7 Agenda

1 History / Capital markets track record 2 Portfolio-Management 3 Asset-Management 4 Financial Figures / Financial Position

HAMBORNER REIT AG - Company Presentation - June 2017 8 Portfolio-Management Well defined acquisition strategy

Acquisition strategy Asset focus

▪ Regional diversification in high-growth regions in West and ▪ Focus on quality properties, location and property strategy South-West Germany determined by asset type:

▪ Focus also on towns and cities outside the main → Commercial buildings used for retail trade metropolises (highstreet retail) in A1 sites (pedestrian zones), nationally at locations with > 60,000 inhabitants ▪ Focus on acquisitions of €10 million - €100 million → Large scale retailing in town centre sites or highly ▪ Improving cost/yield structures through acquisition of frequented edge-of-town sites, nationally at larger properties and disposal of smaller properties locations with > 60,000 inhabitants ▪ Off-market deals preferred → Modern office buildings built or redeveloped from the year 2007 onwards in town centre sites of cities with > 100,000 inhabitants

→ Diversified commercial real estate portfolio structure with clear yield-orientation → Creating value through continuous expansion of portfolio/benefit from scale-effects

HAMBORNER REIT AG - Company Presentation - June 2017 9 Portfolio-Management Balanced portfolio with 100% German focus

Geographical portfolio spread (as of 31 May 2017) Diversification of asset types (as of 31 May 2017)

▪ 71 properties in 55 cities in Germany ▪ Focus on West and South-West Schleswig- Holstein Mecklenburg- ▪ € 1,214 million portfolio value Western Pomerania Bremen

Berlin

Brandenburg Saxony- Annualised rental income (as of 31 May 2017) North Rhine-Westphalia Anhalt Saxony

Hesse

Rhineland- Highstreet/ Office/ Palatinate Retail 28% 29% Other 100% Saarland = Baden- € 72.2 million Wuerttemberg

43%

Acquisitions before 2007 Acquisitions from 2007 Purchase contract signed Sales contract signed Large-scale retail

HAMBORNER REIT AG - Company Presentation - June 2017 10 Portfolio-Management Regional diversification

Federal State Number of objects Share in the market value of total portfolio (31 May 2017)

Northrhine-Westphalia 24 25%

Bavaria 10 21%

Baden-Wurttemberg 10 19%

Hesse 7 8%

Lower Saxony 6 7%

Berlin 3 7% NorthNorth Rhine Rhine- - Schleswig-Holstein 1 4% WestphaliaWestphalia

Hamburg 3 3%

Rhineland-Palatinate 3 2%

Bavaria Bremen 2 2% Bavaria Baden- WuerttembergBaden- Saxony 2 2% Wuerttemberg

Total 71

HAMBORNER REIT AG - Company Presentation - June 2017 11 Portfolio-Management Portfolio Development

Development of the HAMBORNER portfolio value (in € million)

1,214 1,115

Change of strategy 900

692 717

580 504

376 308 281 273 179 177 186

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 31 May 2017

HAMBORNER REIT AG - Company Presentation - June 2017 12 Portfolio-Management Increasing value per asset through acquiring larger assets

Portfolio split by property value Average value per asset (in € million)

31 December 2006 (100% = 54 properties) 31 May 2017 (Number of properties = 71) 17.1 16.2 > € 10 million € 5-10 million 4% 15% 13.0

10.5 9.6 81% < € 5 million 8.4 7.3 31 May 2017 (100% = 71 properties) 6.1 5.4 < € 5 4.8 5.1 million 14% 3.5

> € 10 25% million 61% € 5-10 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 31 May million 2017

HAMBORNER REIT AG - Company Presentation - June 2017 13 Portfolio-Management Investments Transfer of possession in 2016

Lübeck (Haerder-Center) Ditzingen Sandstrasse Dieselstrasse Built 2008 2016 Main tenant H&M, New Yorker, REWE, mytoys hagebaumarkt Leased area approx. 13,300 m2 approx. 10,000 m2 Annual rental income € 3.3 million € 0.9 - 1.0 million (step rent) Remaining lease term 3.6 years(1) 19.0 years(1) Gross initial yield 6.5 % 7.0 % Purchase price € 49.1 million € 13.7 million Transfer of possession February 2016 June 2016

(1) As of 31 March 2017

HAMBORNER REIT AG - Company Presentation - June 2017 14 Portfolio-Management Investments Transfer of possession in 2016

Mannheim (Kurpfalz Center) Münster (Deilmann-Park) Spreewaldallee Martin-Luther-King-Weg 30/30a Built 1972 (modernized and expanded in 2012/2013) 2016 Main tenant Real, Toys‘R‘Us, , dm, Adler Mode, Golf House FOM Leased area approx. 28,000 m2 approx. 3,300 m2 Annual rental income € 4.1 million € 0.43 million Remaining lease term 7.5 years(1) 6.3 years(1) Gross initial yield 5.1 % 6.8 % Purchase price € 80.0 million € 6.1 million Transfer of possession October 2016 November 2016

(1) As of 31 March 2017

HAMBORNER REIT AG - Company Presentation - June 2017 15 Portfolio-Management Investments Transfer of possession in 2016

Dortmund (DOMI) Ostenhellweg Built 1948 (modernized and expanded in 2003)

Main tenant TK Maxx, Das Depot, O2, Dialysis centre Leased area approx. 9,200 m2 Annual rental income € 1.6 million Remaining lease term 6.6 years(1) Gross initial yield 5.1 % Purchase price € 30.8 million Transfer of possession December 2016

(1) As of 31 March 2017

HAMBORNER REIT AG - Company Presentation - June 2017 16 Portfolio-Management Investments Transfer of possession in 2017

Cologne (O3) Hallstadt/Bamberg (Market Oberfranken) Am Coloneum Michelinstrasse Built 2006 1974 (modernized and expanded in 2006) Main tenant NetCologne Müller, tegut, C&A, Expert, ALDI Leased area approx. 26,500 m2 approx. 21,800m2 Annual rental income € 2.8 million € 2.5 million Remaining lease term 6.4 years(1) 7.2 years(1) Gross initial yield 5.6 % 5.7 % Purchase price € 48.9 million € 40.5 million (+ € 3,2m tenant improvements) Transfer of possession January 2017 March 2017

(1) As of 31 March 2017

HAMBORNER REIT AG - Company Presentation - June 2017 17 Portfolio-Management Investments Transfer of possession in 2017

Berlin Märkische Allee Built 2006 Main tenant Leased area approx. 6,500 m2 Annual rental income € 0.9 million Remaining lease term 8.5 years(1) Gross initial yield 5.3 % Purchase price € 16.2 million Transfer of possession March 2017

(1) As of 31 March 2017

HAMBORNER REIT AG - Company Presentation - June 2017 18 Portfolio-Management Investments Transfer of possession outstanding

Kiel Hanau (Rondo Steinheim) Kaistrasse Otto-Hahn-Strasse Built 2017 (under construction) 2017 (under construction) Main tenant Barmer GEK REWE, ALDI, dm, Deichmann Leased area approx. 6,550 m2 approx. 12,800m2 Annual rental income € 1.16 million € 2.0 million Remaining lease term 9.2 years(1) approx. 15 years(1) Gross initial yield 5.5 % 5.4 % Purchase price € 20.9 million € 37.5 million Transfer of possession Q3 2017e Q3 2017e

(1) As of date of completion (subject to minor changes due to further rental agreements)

HAMBORNER REIT AG - Company Presentation - June 2017 19 Portfolio-Management Investments Transfer of possession outstanding

Passau (Neustiftcenter) Ratingen Steinbachstrasse/Alte Poststrasse Balcke-Dürr-Allee Built 2017 (under construction) 2017 Main tenant REWE SPIE, Capgemini Leased area approx. 4,300 m2 approx. 10,400m2 Annual rental income € 0.9 million € 1.9 million Remaining lease term 11.5 years(1) 8.5 years Gross initial yield 5.8 % 5.6 % Purchase price € 14.8 million € 34.5 million Transfer of possession Q4 2017e Q2/Q3 2017e

(1) As of date of completion (subject to minor changes due to further rental agreements)

HAMBORNER REIT AG - Company Presentation - June 2017 20 Portfolio-Management Divestments 2016

Disposal of properties 2016

Duisburg Dinslaken Solingen Essen Kassel Selling Price: € 2.64 million Selling price: € 1.94 million Selling price: € 3.17 million Selling price: € 3.26 million Selling price: € 0.7 million

Total # of properties 5 Total selling price approx. € 11.7 million Total rental income approx. € 0.9 million Rental contracts 36 residential contracts/25 commercial contracts

Disposal of undeveloped land 2016

Undeveloped land sold 32,000 m2 (forest and agricultural plots)

Total selling price € 0.114 million

Book value as of 31 Dec 2016 € 0.007 million

HAMBORNER REIT AG - Company Presentation - June 2017 21 Portfolio-Management Divestments 2017

Disposal of property 2017

Duisburg Selling price € 9.5 million Kasslerfelder Kreisel Fair value as of 31 Dec 2015 € 9.2 million

Book value as of 31 Dec 2016 € 7.2 million

Transfer of possession 1 April 2017

Disposal of undeveloped land 2017

Undeveloped land sold 98,000 m2 (forest and agricultural plots)

Selling price € 0.347 million

Book value as of 31 Dec 2016 € 0.016 million

Transfer of possession 3 January 2017

HAMBORNER REIT AG - Company Presentation - June 2017 22 Portfolio-Management Divestments since change of strategy in 2007

€ 78.9m € 76.9m + 2.7%

+ 48.2%

€ 52.5m

Disposal of 26 commercial properties: € 77.0m → Average selling price: € 3.0m → Average multiple: 14.1 → Total annual rental income: € 5.5m

Book Value Fair Value Selling Price at time of disposal at time of disposal Disposal of 8 residential properties: € 1.9m

HAMBORNER REIT AG - Company Presentation - June 2017 23 Portfolio-Management Portfolio development 2016/2017 Portfolio value € 1,322 million Portfolio value € 1,214 million Portfolio value € 1,115 million

Portfolio value € 900 million Transfer of possession Transfer of possession Transfer of possession 2016 Jan-May 2017 2017 Lübeck (€ +54.4m)(1) Cologne (€ +50.3m)(2) Ratingen (€ +34.5)(3) Ditzingen (€ +14.9m)(1) Bamberg (€ +42.0m)(2) Hanau (€ +37.5m)(3) Mannheim (€ +80.7m)(1) Berlin (€ +16.4m)(2) Kiel (€ +20.9m)(3) Münster (€ +7.2m)(1) Duisburg (€ -9.5m)(3) Passau (€ +14.8m)(3) Dortmund (€+32.2m)(1) Duisburg (€ -2.6m)(3) Dinslaken (€ -1.9m) (3) Solingen (€ -3.2m)(3) Essen (€ -3.3m)(3) Kassel (€ -0.7m)(3)

31/12/2015 31/12/2016 31/05/2017 …2017

(1) As of 31 December 2016 (2) As of 31 March 2017 (3) Contractually agreed purchase/selling price 24 HAMBORNER REIT AG - Company Presentation - June 2017 Agenda

1 History / Capital markets track record 2 Portfolio-Management 3 Asset-Management 4 Financial Figures / Financial Position

HAMBORNER REIT AG - Company Presentation - June 2017 25 Asset-Management High and stable occupancy

Occupancy rates

95.7% 98.2% 97.9% 96.5% 97.5% 98.2% 98.1% 97.5% 97.7% 98.1% 98.7% 98,7%

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 31 March 2017

→ Vacancy rate as at 31 March 2017 incl. rent guarantees: 1.3 % → Vacancy rate as at 31 March 2017 excl. rent guarantees: 1.6 %

HAMBORNER REIT AG - Company Presentation - June 2017 26 Asset-Management Long-term leases

Weighted average lease expiry by type (as of 31 March 2017, in years)

8.7 6.6 5.1 5.1

Office Highstreet lage-scale retail Total

Split of lease contracts expiring by year (as of 31 March 2017)

34%

10% 12% 2% 8% 9% 7% 9% 9%

2017 2018 2019 2020 2021 2022 2023 2024 2025 and later HAMBORNER REIT AG - Company Presentation - June 2017 27 Asset-Management Solid tenants

Top 10 tenants (as of 31 March 2017, % of annual rent)

Tenant Sector % of annual rent*

EDEKA-Group Discount food retail 10.7%

Kaufland Group Discount food retail 7.8%

real,- Discount food retail 6.2%

OBI Retail (DIY) 5.9%

Jobcenter Government Agency 3.8%

NetCologne Telecommunication 2.4%

H&M Textile retail 2.4%

REWE-Group Discount food retail 2.1%

C&A Textile retail 1.9%

Telefonica O2 Telecommunication 1.5%

Total 44.7%

HAMBORNER REIT AG - Company Presentation - June 2017 * incl. rent guarantees 28 Agenda

1 History / Capital markets track record 2 Portfolio-Management 3 Asset-Management 4 Financial Figures/Financial Position

HAMBORNER REIT AG - Company Presentation - June 2017 29 Financial Figures / Financial Position Strong first quarter 2017

Highlights

▪ Increase in income from rents and leases: + 20.3%

▪ FFO increase: + 19.9%

▪ Vacancy rate: 1.3 %

▪ Total invested volume: € 108.9 million (3 assets)

▪ Total portfolio volume: € 1,224 million as of 31 March 2017

▪ NAV per share: € 9.72

30 HAMBORNER REIT AG - Company Presentation - June 2017 Financial Figures / Financial Position Significant key figures for first quarter 2017

Key figures 31 Mar 2017 31 Mar 2016 Change Income from rents and leases € 17.6 million € 14.7 million + 20.3 % Operating result € 7.7 million € 7.0 million + 8.8 % Profit for the period € 4.4 million € 6.1 million - 28.0 % Funds from operations € 10.8 million € 9.0 million + 19.9 % Funds from operations (FFO) per share € 0.14 € 0.15 Number of shares 79,717,645 62,002,613

31 Mar 2017 31 Dec 2016 REIT equity ratio 62.6 % 67.8 % - 5.2 %-points Loan to value (LTV) 35.1 % 30.1 % + 5.0 %-points Net asset value (NAV) per share € 9.72 € 9.64 + 0.8 %

HAMBORNER REIT AG - Company Presentation - June 2017 31 Financial Figures / Financial Position Benefitting from economies of scale

Portfolio value (€ million) and overhead cost margin*

1400 1,224 1200 1,115 2006 20% 22.2 % 1000 900

800 692 717 580 600 504 10%

376 400 308 281 273 Q1 2017 186 7.9 % 200

0 0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 31 Mar 2017 Portfolio value Overhead cost margin

* Personnel and administrative expenses in relation to income from rents and leases.

HAMBORNER REIT AG - Company Presentation - June 2017 32 Financial Figures / Financial Position Stable and predictable cost of debt

Expiration of fixed interest rates (31 March 2016; % of total financial debt) ▪ REIT equity ratio: 62.6 % Follow-up financing ▪ LTV: 35.1 % 2017 completed ▪ Financial debt: € 442.6 million ▪ Additional loan agreements: € 114.5 27% ▪ Liquid funds: € 14.6 million

▪ Average maturity of fixed interest rates: 6.3 years

17% ▪ Average cost of debt: 2.8 %

13% ▪ Refinancing of loans with fixed 11% interest rates expiring in 2017 9% completed 7% 6% 4% ▪ Financing banks 3% 2% → Institutional banks 1% 0% → Cooperative banks → Saving banks → Insurance companies

HAMBORNER REIT AG - Company Presentation - June 2017 33 Financial Figures / Financial Position Increasing FFO and dividend per share

Funds From Operations (FFO)

(1) Calculation of FFO per share with outstanding shares at the respective time Capital Increase 2 Capital Increases 79.7

62.0 Capital 36.1 Increase 50.0 Capital 45.5 45.5 45.5 29.2 Increase 24.6 34.1 34.1 23.8 # shares in million 18.9 22.7 22.7 16.0 FFO absolute (€m) 12.2 9.7 0.54 8.5 0.52 0.47 0.47 0.45 0.42 0.41 FFO per share in €(1) 0.37 0.36

2008 2009 2010 2011 2012 2013 2014 2015 2016 Dividend per share (€)

Dividend Bonus

0.03 0.03 0.02 0.03 0.35 0.35 0.37 0.37 0.40 0.40 0.40 0.40 0.42 0.43 0.22 0.24 0.24 0.27 0.27 0.27 0.30 0.30 0.30 0.30

'97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16

HAMBORNER REIT AG - Company Presentation - June 2017 34 Summary and outlook

Conclusion/Summary

▪ Successful first quarter 2017 with positive development of operational business

▪ Vacancy rate: 1.3%

▪ Transfer of possession of three assets in Cologne, Hallstadt/Bamberg and Berlin

▪ Portfolio value: €1.2 billion

Forecast 2017

▪ Rental income: + 16 - 18%

▪ FFO: €43 – 44 million

▪ FFO per share round about € 0.54

▪ Remaining fire power €120 - 150 million

HAMBORNER REIT AG - Company Presentation - June 2017 35 Financial Calendar

HAMBORNER REIT AG Financial Calendar

Interim Report for 1st half 2017 8 August 2017

Interim Report for 3rd quarter 2017 9 November 2017

Annual Report 2017 21 March 2018

Interim Report for 1st quarter 2018 25 April 2018

AGM 2018 26 April 2018

Many thanks for your attention!

HAMBORNER REIT AG - Company Presentation - June 2017 36 Appendix TOP 10 Properties (1/2)

Mannheim Lübeck Munich Cologne Berlin Kurpfalz Center Haerder-Center NuOffice O3 EUREF-Campus

Asset type Retail High Street Office Office Office

Year of acquisition 2016 2016 2013 2017 2013

Purchase price € 80.0 million €49.1 million € 40.1 million € 48.9 million € 33.0 million

Fair value € 80.7 million(1) € 54.4 million(1) € 52.7 million(1) € 50,3 million(2) € 46.1 million(1)

Annual rental income € 4.1 million € 3.3 million € 2.4 million € 2.8 million € 2.2 million

Remaining lease term 7.5 years(1) 3.6 years(1) 6.4 years(1) 6.4 years(1) 4.9 years(1) Real, Toys‘R‘Us, ALDI, H&M, New Yorker, Estée Lauder, Armani, Deutsche Bahn, Main tenants NetCologne dm, Adler Mode REWE, mytoys Zielpuls Schneider Electric

(1) As of 31 March 2017

HAMBORNER REIT AG - Company Presentation - June 2017 37 Appendix TOP 10 Properties (2/2)

Hallstadt/Bamberg Dortmund Gießen Karlsruhe Celle Market Oberfranken DOMI Westoria Gießen

Asset type Retail Retail/Office Retail Retail/Office Retail

Year of acquisition 2017 2012 2015 2016 2015

Purchase price € 43.7 million € 37.0 million € 35.2 million € 30.8 million € 31.6 million

Fair value € 42.0 million(1) € 40.7 million(1) € 39.2 million(1) € 32.2 million(1) € 32.0 million(1)

Annual rental income € 2.5 million € 2.5 million € 2.3 million € 1.6 million € 2.3 million

Remaining lease term 7.2 years(1) 4.8 years(1) 11.4 years(1) 6.6 years(1) 5.5 years(1) Müller, tegut, C&A, Real, ALDI, Rossmann, Main tenants , Brandmaker TK Maxx, Das Depot, O2 Real, Saturn, McDonalds Expert, ALDI tedox, Fressnapf

(1) As of 31 March 2017

HAMBORNER REIT AG - Company Presentation - June 2017 38 Contact

Dr. Rüdiger Mrotzek – Member of the Board T +49 (0)203 / 54405-55 M [email protected]

Hans Richard Schmitz – Member of the Board T +49 (0)203 / 54405-21 M [email protected]

Christoph Heitmann – Investor Relations T +49 (0)203 / 54405-32 M [email protected]

HAMBORNER REIT AG - Company Presentation - June 2017 39 Disclaimer

This presentation was exclusively prepared for the addresses specified on the title page and/or the participants at the mentioned event. The information in this presentation is based on both public information and documents as well as information which was made available to HAMBORNER REIT AG by the respectively mentioned companies and third parties.

All statements, opinions and assessments contained in this presentation correspond to the current estimates and/or opinions of HAMBORNER REIT AG and may therefore not be construed as constant, immutable statements. HAMBORNER gives no guarantee with regard to the correctness or completeness of the information contained herein. HAMBORNER and its organs, boards, employees or other parties acting on behalf of HAMBORNER accept no liability whatsoever for the statements made in this presentation.

HAMBORNER REIT AG - Company Presentation - June 2017 40