Vonovia SE announced the non-binding indicative results of its Offers in respect of four series of outstanding notes due July 2026, January 2027, May 2027 and June 2027. Further to the announcement on 5 November 2025, Vonovia SE (Purchaser) announced the non-binding indicative results in respect of the invitation by the Purchaser to eligible holders of its outstanding (i) EUR 750,000,000 0.625% Notes due 9 July 2026 (2026 Notes), (ii) EUR 500,000,000 1.750% Notes due 25 January 2027 (January 2027 Notes), (iii) EUR 750,000,000 4.750% Social Notes due 23 May 2027 (May 2027 Notes), and (iv) EUR 1,000,000,000 0.375% Notes due 16 June 2027 (June 2027 Notes" and together with the 2026 Notes, the January 2027 Notes and the May 2027 Notes, the "Notes") to tender such Notes for purchase by the Purchaser for cash up to the Maximum Acceptance Amount (together, the "Offers" and each such invitation, an "Offer"). The Offers commenced on 5 November 2025 and expired at 5:00 p.m. (CET) on 12 November 2025.

The Offers were made subject to the satisfaction of the New Financing Condition and the other conditions set out in the tender offer memorandum dated 5 November 2025 (the "Tender Offer Memorandum") prepared by the Purchaser. The Purchaser confirms the successful completion of the issue of the New Notes and, therefore, the satisfaction of the New Financing Condition. In the event that it decides to accept valid tenders of Notes pursuant to the Offers, the Purchaser expects to set the Maximum Acceptance Amount and Final Acceptance Amount at EUR 559,600,000.

Pricing in respect of the Offers will take place at or around 12:30 p.m. (CET) (the "Pricing Time") on 13 November 2025 (the "Pricing Date"). The final results of the Offers are expected to be announced as soon as reasonably practicable after the Pricing Time on the Pricing Date, at which point the Purchaser will announce (i) its decision of whether to accept valid tenders of Notes pursuant to the Offers and, if so accepted, (ii) the Maximum Acceptance Amount, (iii) the Final Acceptance Amount, (iv) each Series Acceptance Amount, (v) the Benchmark Rates, (vi) the Purchase Yields, (vii) the Purchase Prices and (viii) any Scaling Factor(s) (if applicable). The Settlement Date for the Offers is expected to be 17 November 2025.