9 Subsequent Events

An agreement on secured financing with a 10-year term and a loan volume of € 200.0 million was signed in December of the fiscal year. The disbursement of this financing is scheduled for February 26, 2021.

On January 12, 2021, Vonovia SE issued a tokenized registered bond of € 20.0 million with a term of three years via the online marketplace firstwire. The investor is M.M. Warburg.

On January 20, 2021, Vonovia SE placed a bond of € 500.0 million and a coupon of 1.0% and a 20-year term, via its Dutch subsidiary Vonovia Finance B.V.

On January 11, 2021, the Management Board of Vonovia SE decided to merge Vonovia Finance B.V., Amsterdam, Netherlands, with Vonovia SE on a cross-border basis. The notarized deeds regarding the transaction were not yet drawn up at the time of reporting.