Aroundtown S.A. approved the addition of Mr. Frank Roseen, Dr. Axel Froese and Mr. Markus Kreuter as new members of the Board of Directors, at the extraordinary general meeting held on 13 September 2017. Mr. Frank Roseen, who was for many years the CEO of GE Capital & Real Estate for Germany/CEE. Dr. Axel Froese, Independent Director. Previous positions include: Head of Asset Management at Cordea Savills GmbH and Head of European Real Estate of Bank of Scotland. Mr. Markus Kreuter, Independent Director. Specialized in real estate through his 17 years of experience as National director at JLL, Head of German commercial real estate lending at Deutsche Bank, Group Head of Debt Funding at CA Immo.