With reference to the voluntary group notification of voting rights pursuant to Article 33 et seq. WpHG (German Securities Trading Act) by Prof. Dr. Gerhard Schmidt on 9 July 2020, TTL Real Estate GmbH notified DIC Asset AG in its own name and at the same time on behalf of DIC Opportunistic GmbH, DIC Opportunity Fund GmbH, TTL Beteiligungs- und Grundbesitz-AG, AR Holding GmbH as well as GR Capital GmbH (the 'Notifying Party') in accordance with Article 43 Section 1 WpHG (German Securities Trading Act) on 28 July 2020 as follows:

a) The investment serves the implementation of strategic objectives.

b) Depending on the market conditions and the business situation of DIC Asset AG, the Notifying Parties intend to acquire further voting rights within the next 12 months by acquisition or in any other way.

c) The Notifying Parties do not seek to influence the composition of the issuer's administrative, management and/or supervisory bodies - except for the exercise of voting rights at the shareholders' meeting of DIC Asset AG.

d) The Notifying Parties do not intend to significantly change the capital structure of DIC Asset AG, in particular with regard to the ratio of equity and debt financing and the dividend policy.

With regard to the origin of the funds used for the acquisition of the voting rights, the Notifying Parties notified us in accordance with Article 43 Section 1 Sentence 4 WpHG (German Securities Trading Act) that the acquisition of the voting rights in DIC Asset AG by the Notifying Parties was only effected as a result of the attribution of voting rights pursuant to Article 34 WpHG (German Securities Trading Act), so that neither equity nor borrowed funds were used to finance the acquisition of the voting rights.

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DIC Asset AG published this content on 29 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2020 16:10:08 UTC