Martin Löcker resigns from the Management Board of UBM Development AG, effective as of 30 June 2023.

Martin Löcker, Member of the Management Board and COO of UBM Development AG, has resigned from the Management Board prematurely, effective as of 30 June 2023. The Chairman of the Supervisory Board and Martin Löcker reached this agreement today. He is stepping down for personal reasons on the most amicable terms with the company, the Supervisory Board and the core shareholders.