VIB Vermogen AG Shareholders Approve Key Corporate Governance and Control Agreement Changes

The extraordinary general meeting of VIB Vermogen AG, held virtually, resulted in shareholders approving all proposed resolutions by substantial margins, with 88.55% of the company's voting share capital represented. The meeting addressed two critical agenda items that will reshape the company's governance and strategic direction. Under the first agenda item, shareholders approved the conclusion of a control and profit transfer agreement between DIC Real Estate Investments GmbH & Co. Kommanditgesellschaft auf Aktien and VIB Vermogen AG. This agreement establishes a formal control relationship between the entities and governs profit distribution mechanisms, representing a significant shift in VIB's corporate structure and financial arrangements.

The second agenda item focused on internal governance changes, with shareholders resolving to reduce the size of the supervisory board and approve corresponding amendments to the company's Articles of Association. This streamlining of the supervisory board suggests an effort to create more efficient decision-making processes within the company's governance framework. The voting results and related documents from the meeting have been made publicly available at https://vib-ag.de/investor-relations, providing transparency about the shareholder decisions that will guide VIB's future operations.

These approvals come as VIB Vermogen AG continues to operate its specialized commercial property business, which has maintained market presence for over three decades. The company focuses primarily on logistics, light industrial, and office properties, employing a comprehensive business model that includes direct acquisitions, in-house developments, redensification projects, and property management services. With shares listed on both Munich's m:access and Frankfurt's Open Market exchanges since 2005, these governance changes occur within an established public company framework that regularly interacts with institutional investors and maintains stakes in real estate asset companies.

The successful passage of these resolutions indicates strong shareholder support for management's proposed direction during a period of corporate transformation. The control and profit transfer agreement specifically suggests deeper integration or collaboration with DIC Real Estate Investments, potentially affecting VIB's strategic autonomy and financial flows. Meanwhile, the supervisory board reduction reflects ongoing efforts to optimize corporate governance structures in response to evolving business needs. These decisions collectively represent important milestones in VIB's corporate development, with implications for how the company will be controlled, governed, and positioned within the competitive German commercial real estate market moving forward.