DR. HENGSTER
LOESCH
&
KOLLEGEN

Investment Agents for Long Term Return

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Siegfried A. Cofalka
Advisory Board

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Siegfried A. Cofalka, born in 1959, completed his studies in business administration and economics at the Ruhr University in Bochum. His entire professional career is closely linked to institutional asset management.

After working for Commerz Invest in Düsseldorf for three years, he moved to Credit Swiss(CS) in Frankfurt/M. where he was involved in the successful positioning of CS' asset managers in Germany. After a one-year engagement at FERI, he moved to Wiesbaden in 1996 to join Oppenheim-Immobilien KAG (OIK), where he and his colleagues built OIK into the undisputed market leader for special real estate funds.

From 2008 to 2016 Mr. Cofalka was Managing Director of SEB Investment (since 2015 Savills Fund Management) and until 2015 Member of the Executive Board of SEB Asset Management with primary responsibility for the institutional business. Today, Mr. Cofalka acts internationally as an advisory board, non-executive director and supervisory board member.

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Dr. Hengster, Loesch & Kollegen GmbH is acting in the context of investment brokerage and investment advice in financial instruments pursuant to Section 2 (2) No. 3 and No. 4 of the German Securities Institutions Act ("WpIG") as a contractually tied agent pursuant to Section 3 (2) WpIG exclusively for the account and under the liability of AHP Capital Management GmbH, Weissfrauenstrasse 12-16, 60311 Frankfurt am Main, ("AHP").