Core Viewpoint - German High Street Properties A/S is undergoing a planned generational transition in leadership, with CEO Michael Hansen set to step down on December 31, 2025, and Martin Ernst appointed as the new CEO effective the same date [1]. Group 1: Leadership Transition - The Board of Directors has mutually agreed with Michael Hansen for his resignation as CEO [1]. - Martin Ernst will assume the role of CEO on December 31, 2025 [1]. Group 2: Martin Ernst's Background - Martin Ernst holds a Master of Science in Economics and Business Administration and an Executive MBA [2]. - He has extensive experience in the financial industry, particularly in investment and wealth management [2]. - Currently, he serves as Chief Investment Officer at Kartago Capital A/S and has held senior positions at Infront AS and Saxo Bank A/S [3]. Group 3: Independence Consideration - Martin Ernst is not considered independent due to his employment with Kartago Group, the majority shareholder of German High Street Properties A/S [4].