MANAGEMENT BOARD

Maximilian Rienecker

Member of the Management Board
Maximilian Rienecker, born in 1985 in Hamburg and a Master of Science in Management with distinction from the University of Nottingham, has assumed the role as member of the Management Board on January 2, 2018. Together with Tomas de Vargas Machuca he is Co-CEO of ADLER Real Estate AG, the owner of the majority stake in Westgrund AG. He calls on more than 4 years of experience in the real estate industry after roles in Sales & Marketing at ING Investment Management in Hong Kong and in Corporate Strategy and M&A at SBM Offshore in Monaco

SUPERVISORY BOARD


Martin Billhardt


Chairman of the Supervisory Board (Pfäffikon, Switzerland)
Martin Billhardt, born 1962 in Offenbach/Main, is businessman and has 28 years of experience in leading positions as CEO, CFO or member of the Management Board in different industries, among them real estate. His latest position was CEO and CFO of Pfisterer Holding AG and until the present day he still serves as advisor to Pfisterer Holding AG Group.

Billhardt is a German citizen and was appointed to the Supervisory Board on July 1, 2020.
He is also member of the following supervisory boards and controlling bodies:

· ADLER Real Estate AG (Chairman of the Supervisory Board)
· Deutsche Rohstoff AG Heidelberg (Chairman of the Supervisory Board)
· Cub Creek Energy LLC (Non-executive member of the Board of Directors)
· Elster & Oil Gas LLC (Non-executive member of the Board of Directors)
· Bright Rock Energy LLC (Non-executive member of the Board of Directors)



Carsten Wolff


DEPUTY CHAIR
Carsten Wolff, born 1960 in Köln, Merchant, since the Beginning of 2003 Head of Accountancy and Finance at ADLER Real Estate AG.


Dr. Michael Rosenfeld


MEMBER
Dr. Michael Rosenfeld, born 1945 in Siegen, studied Law and Economics. He has long years of experience in the banking sector and held leading positions in different financial institutions, the latest being Chariman of the Management Board of Deutsche Apotheker & Ärztebank (German bank for physicians and pharmacists).
Further mandates in supervisory boards and controlling bodies: Gothaer Lebensversicherung AG (deputy chairman of supervisory board), Schoeller Holding GmbH, Konrad Micro Drill GmbH


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