Roadshow Presentation Dr. Rüdiger Mrotzek Hans Richard Schmitz November 2015
Creating sustainable shareholder value Key investment highlights � Increasing portfolio quality � Enhancing efficiency, increasing cash flow and dividend per share � Strong asset and portfolio management � Robust financial position � Capital markets track record 2
History Historical development of the company 1953 Foundation of the company: HAMBORNER founded as a mining company Mining 1954 Listed on stock exchange as HAMBORNER Bergbau AG 1969 Integration of the mining activities into Ruhrkohle AG 1970 Continuation of HAMBORNER as a property company Asset 1990 Administration Issuing of special share fund 2007 Change of major shareholder 2007 ff. Strategy change / new management � Growth course � Liquidation of special share fund Südinvest � Concentration on core business property 2010 Growth and value Since February 18th company name HAMBORNER REIT AG Creation as „pure property public limited company“ 2010 Capital Increase October 2010 2011 Inclusion in S-DAX 2012 € Inclusion in EPRA-Index 2012 Capital Increase July 2012 2015 Two Capital Increases in February 2015 (10%) and July 2015 3
Increasing portfolio quality Balanced portfolio with 100% German focus Geographical portfolio spread Diversification of asset types → 72 properties in 56 cities in Germany → Focus on West and South-West Schleswig- → approx. € 843 million portfolio value Holstein Mecklenburg- Western Pomerania Bremen Berlin Lower Saxony Annualised rental income (100% = € 56.6 million) Brandenburg Saxony- Anhalt North Rhine-Westphalia Saxony Office/ Other Hesse Thuringia Large-scale retail 33% Rheinland- 40% Palatinate Bavaria Saarland Baden- 27% Wuerttemberg Highstreet/ Retail Portfolio until 2006 Portfolio from 2007 Purchase contract signed 4
Increasing portfolio quality Regional diversification Federal State Numer of objects Share in the market value of total portfolio Northrine-Westfalia 31 28% Bavaria 9 23% Schleswig- Baden-Wurttemberg 8 15% Holstein Mecklenburg- Hamburg Western Pomerania Hesse 7 Bremen 10% Berlin Lower Saxony Lower Saxony 6 8% Brandenburg Saxony- Anhalt Berlin 1 North Rhine- 4% Westphalia Saxony Thuringia Hamburg 3 Hesse 3% Rheinland- Palatinate Rheinland-Palatinate 3 3% Bavaria Bremen 2 Saarland 3% Baden- Wuerttemberg Saxony 2 3% Total 72 as at 30.09.2015 5
Increasing portfolio quality Well defined acquisition strategy Acquisition strategy Asset focus → Regional diversification in high-growth regions in West and → Focus on quality properties, location and property strategy South-West Germany determined by asset type: → Focus on towns and cities outside the main metropolises → Commercial buildings used for retail trade (highstreet retail) in A1 sites (pedestrian zones), → Focus on acquisitions of € 10 million – € 70 million nationally at locations with > 60,000 inhabitants → Improving cost/yield structures through acquisition of → Large scale retailing in town centre sites or highly larger properties and disposal of smaller properties frequented edge-of-town sites, nationally at → Off-market deals locations with > 60,000 inhabitants → Modern office buildings built or redeveloped from the year 2000 onwards in town centre sites of cities with > 100,000 inhabitants → Diversified commercial real estate portfolio structure with clear yield-orientation → Creating value through continuous expansion of portfolio → Acquisition strategy and asset focus result in limited competition from other potential buyers 6
Increasing portfolio quality Investments in 2015 Aachen, Celle, Krefelder Straße 216 An der Hasenbahn 3 Built 2014 1975, modernized 2014 Main tenant Jobcenter Aachen real,-, Fressnapf, Aldi approx. 10,000 m² approx. 24,500 m² Leased area Annual rental income € 1.7 million approx. € 2.32 million Remaining term 14.5 years 12.0 years Gross initial yield 6.4 % 6.6 % Purchase price € 26.8 million € 35.2 million March 2015 May 2015 Transfer of possession 7
Increasing portfolio quality Investments in 2015 GIEßEN Fürth, (Hornschuch-Center) Gießen, (Westoria Gießen) Gabelsberger-Str. 1 Gottlieb Daimler Str. 27 Built Build 1990 / modernized 2014/15 Build 1983 / modernized 2008 Main tenant EDEKA, Schuh Mücke, Rossmann… Real,-, Saturn, McDonalds Leased area approx. 11,500 m² approx. 18,000 m² Annual rental income € 1.8 million approx. € 2.3 million Remaining term 12.5 years 6.9 years 6.1 % 7.3 % Gross initial yield Purchase price approx.€ 30 million approx. € 31 million Transfer of possession 09/2015 08/2015 8
Increasing portfolio quality Contract signed, transfer of possession expected end of 2015 and 2016 Neu Isenburg, Ditzingen, Berlin, Tempelhofer Damm Schleussnerstraße 100-102 Dieselstraße Built 2014/15 2015 (under construction) (under construction), opening 03/2016 Main tenant Kaisers, Aldi, Rossmann REWE, dm hagebaumarkt Leased area approx. 6,200 m² approx. 4,300 sqm approx. 9,400 sqm Annual rental € 1.27 million approx. € 0.8 million approx. € 0.8 - € 0.9 million (steprent) income Remaining term approx. 12 years approx. 15.3 years 20 years Gross initial yield 6.3 % 6.3 % 7.0 % Purchase price € 20.2 million expected approx. € 12.8 million approx. € 12.7 million Transfer of Q4 2015e Q4 2015e Q2 2016e possession 9
Increasing portfolio quality Disposals 2015 December 2015 January 2016 December 2015 Krefeld Price € 1.35m Duisburg Price € 1.25m Düren Kassel St. Augustin Price € 1.8m Price € 0.7m Price € 3.15m Rental income per year for the sold objects: approx. € 0.7 million Rental contracts 7 residential contracts 6 commercial contracts Selling price approx. € 8.3 million Total # of properties 5 properties Moers Undeveloped land sold approx. 263,000 sqm undeveloped land (forest- and agricultural plots); Selling price approx. € 749,000 (book value € 120,000). 10
Increasing portfolio quality Sales since strategy change 2007 € 50.2 m 16 commercial objects sold: € 47.7 m +5% € 48.3 million → ø sales-price per object: € 3.0 million +52% → ø multiple 15.2 (rents: € 3.2 million) € 33.0 m 7 residential objects sold: € 1.9 million Book value at sale Fair value at sale Selling price 11
Increasing portfolio quality Development of the HAMBORNER portfolio value (in € million) Development of the portfolio value Change of strategy 1000 869 843 900 + Berlin - Kassel 781 (€ 20m) 800 (€ 1m) 745 + Fürth 717 + Neu + Ditzingen 692 (€ 30m) + Celle 700 Isenburg (€ 13m ) + Giessen + Aachen (€ 36m) (€ 13m) (€ 32m) (€ 28m) 580 600 - Düren 504 (€ 2m) 500 - Duisburg (€ 1m) 376 400 - Krefeld 308 (€ 1m) 281 273 300 -St.Augustin (€3m) 186 179 177 200 100 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 H1 2015 Q3 2015 2015 …2016 12
Increasing portfolio quality Increasing value per asset through acquiring larger assets Portfolio split by property value Average value per asset 2006-2015 (in € million) 2006 (100% = 54 properties) 2015 (Number of properties = 70) > € 10 million 4% € 5-10 million 15% 11,2 10,6 < € 5 million 9,6 8,4 81% 7,3 6,1 5,4 5,1 4,8 2015 (100% = 70 properties)** 3,5 < € 5 million 32% > € 10 million 44% 2006 2007 2008 2009 2010 2011 2012 2013 2014 30 June 2015 24% € 5-10 million 13
Strong asset and portfolio management High and stable occupancy Occupancy rates 100% 80% 60% 98.2% 98.2% 97.9% 97.5% 98.1% 97.5% 97.7% 97.8% 96.5% 95.7% 40% 20% 0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q3 2015 → Vacancy rate as at 30 September 2015 incl. rent guarantees: 2.2 % → Vacancy rate as at 30 September 2015: 2.3 % 14
Strong asset and portfolio management Long-term leases with strong tenants Top 10 tenants (30/09/2015, % of annual rent *) Weighted average lease expiry by type (in years) Tenant Sector EDEKA Discount food retail 13.9% 9.7 9.4 6.9 5.2 5.4 Kaufland Gruppe Discount food retail 9.2% 6.8 5.2 4.9 OBI Retail (DIY) 7.3% Office Highstreet Large-scale Total real,- Discount food retail 5.5% retailing Jobcenter Agency of Unemployment 4.7% C&A Textile retail 2.1% Split of lease contracts expiring by year (30/09/2015) H&M Textile retail 1.9% 12% 12% AREVA Power & Utilities 1.7% 9% 8% 9% 9% 9% SFC Energy Industrials/Energy 1.7% 7% 1% 1% 3% 5% 5% 3% 0% 0% 1% 1% 4% 1% Estée Lauder Luxury consumer goods 1.6% unbefr… 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 Total 49.6% * incl. rent guarantees 15
Strong asset and portfolio management Rental performance (per 31 Dec 2014) Rental performance (per 30 September 2015) Lettable space Lettable space (sqm 355.9 thousand) (sqm 421.3 thousand) Rental performance = Rental performance = Rental performance = sqm 32.8 thousand sqm 11.9 thousand sqm 34.3 thousand 22% 16% leased space leased space leased space Contract renewals Contract renewals (sqm 27.6 thousand) (sqm 10.1 thousand) 26.7 New contracts New contracts (sqm 5.2 thousand) 84% (sqm 1.8 thousand) 7.6 78% 16
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