Vienna, 25 August 2017

BUWOG AG: Supervisory Board extends mandate for COO Herwig Teufelsdorfer
 

- Early extension of contract by five years

- Appointment until 30 June 2022

The Supervisory Board of BUWOG AG has decided in favour of an early extension of COO Herwig Teufelsdorfer's contract by another five years. His appointment as member of the Executive Board of the listed German-Austrian residential property group is therefore extended until 30 June 2022.

The Executive Board of BUWOG AG consists of Daniel Riedl, CEO (appointed until 28 April 2021), Andreas Segal, Deputy CEO/CFO (appointed until 31 December 2019) and Herwig Teufelsdorfer, COO (appointed until 30 June 2022).

Herwig Teufelsdorfer, 48, is responsible for the areas of Portfolio Management, Asset Management, Property Management and Transactions. He has been employed at the BUWOG Group since March 2014.


About the BUWOG Group
The BUWOG Group is the leading German-Austrian full-service provider in the residential property business and now looks back on 66 years of expertise. Its property portfolio encompasses approx. 50,700 units and is located in Germany and Austria. In addition to Asset Management, the entire value chain of the residential sector is covered by Property Sales and Property Development. The shares of BUWOG AG have been listed on the stock exchanges in Frankfurt am Main, Vienna (ATX) and Warsaw since the end of April 2014.

For additional information contact:

Investor Relations:

Holger Lueth
BUWOG AG
T: +43 (0) 1 87828 1203
investor@buwog.com

Media Inquiries Germany:

Michael Divé
BUWOG AG
T: +49 (0)30 2844 987 - 62
Michael.Dive@buwog.com

Media Inquiries Austria:

Thomas Brey
M&B PR, Marketing, Publikationen
T +43 (0) 1 233 01 23 15
M +43 676 542 39 09
brey@mb-pr.at