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OLAF BORKERS Member of the Executive Board After serving as a ships offi cer with the German Federal Navy, Mr. Borkers qualifi ed as a bank clerk with Deutsche Bank AG in 1990. He then studied business administration in Frank- furt/Main. From 1995, Mr. Borkers worked as a credit analyst for Deutsche Bank AG in Frankfurt and Hamburg. In 1998, he joined RSE Grundbesitz und Beteiligungs-AG, Hamburg, as assistant to the Executive Board. In 1999, Mr. Borkers was appointed to the Executive Board of TAG Tegernsee Immobilien und Beteiligungs- AG, Tegernsee and Hamburg, where he was respon- sible for finances and investor relations until Sep- tember 2005. In addition, Mr. Borkers held various Supervisory Board and management positions within the TAG Group. Olaf Borkers joined the Executive Board of Deutsche EuroShop AG in Octo- ber 2005. He is married and has two children. After successfully qualifying as a bank clerk and completing a business administration degree, Mr. Böge began his profes- sional career in 1987 at the Düsseldorf-based Privatbankhaus Trinkaus&Burkhardt in Mergers & Acquisitions. His work, for which he was made a Prokurist (authorised signatory) in 1989, focused on advising small and medium-sized companies on buying and selling companies and equity interests. In 1990, Mr. Böge was appointed to the management of KST Stahltech- nik GmbH, a subsidiary of the Aus trian industrial plant con- struction group VA Technologie AG, where he was responsible for the fi nancial control, personnel, legal, tax and administra- tion departments. In autumn 1993, Mr. Böge moved to ECE Projektmanagement G.m.b.H.&Co. KG in Hamburg, the Euro- pean market leader for the development, realisation, leasing and longterm management of shopping cent- ers. It was here that he first became fascinated with the world of shopping centers. In addition to a series of management positions at subsidiaries in the ECE group, his work focused on concept planning, financ- ing and ongoing profi tability optimisation of property investments. Mr. Böge joined the Executive Board of Deutsche EuroShop AG in October 2001. He is mar- ried and has two children. CLAUS-MATTHIAS BÖGE CEO DEUTSCHEEUROSHOPANNUALREPORT2013 013