The eighth year in succession shareholders of Vonovia SE (“Vonovia”) had the choice between scrip dividend and cash dividend. Dividends were distributed within the subscription period in the form of new company shares for 30.93% of dividend-bearing shares, thus leaving around €227 million within the company. 8,207,927 new shares will be issued, so that the total number of Vonovia shares is set to increase to 822,852,925.

Vonovia SE (“Vonovia”) started the year with good operating results. During the first quarter, the Bochum-based company raised the EBITDA contribution of its core segment, Rental, to €592.9 million.

Vonovia SE (“Vonovia”) issued an unsecured social bond with a term of 10 years on April 3, which is in compliance with the company's Sustainable Finance Framework defined in February 2022. The bond with a total volume of € 850 million and a coupon of 4.25% was 4.8 times oversubscribed.

Vonovia completed a total of more than 2,400 housing units over the past year. The housing company is thus fulfilling its commitment to complete new construction projects that have already been started.

Vonovia, Germany's leading housing com-pany, is making further progress towards achieving its climate protection targets and has signed an electricity supply agreement with RWE Supply & Trading for around 18 million kilowatt hours of green electricity.

Among shareholders of Vonovia SE (“Vonovia”), the scrip dividend is once again a suitable alternative to the cash option this year. For 44.87 % of shares carrying dividend rights, a distribution in the form of new shares has been opted for within the subscription period.

13 Colombian employees at Vonovia, Germany’s leading housing company, have received official recognition of equivalence as “Electronics Engineers for Building and Infrastructure Systems” from the Hanover Chamber of Industry and Commerce.