Since the investor is entering into a long-term commitment with the closed-end investment KG structured as a business participation in Hahn Fachmarktzentrum Bensheim GmbH & Co., all potential risks should be factored into the investment decision. The following outlines key risks (which are incomplete and highly summarized). A detailed description of the risks can be found exclusively in the sales prospectus for this capital investment.

Risks related to pandemic events or geopolitical uncertainties: There is a general risk that pandemic events or geopolitical risks could entail significant economic burdens, with negative effects on the development of the real estate market and thus on the earnings position of the fund management company or the value of its assets.

Business risk Business participation with the possibility of a total loss of the investment amount plus the front-end load. The economic success of the investment and thus also the success of the capital investment cannot be predicted with certainty. The amount and timing of inflows can therefore neither be assured nor guaranteed.

Rental risk: Dependency on the main tenant EDEKA Südwest Stiftung & Co. KG, Offenburg (approx. 54.0 percent of total rental income). The tenant's creditworthiness may deteriorate and lead to defaults on payments. In addition, there is the specific risk that the importance of brick-and-mortar retail will decline in the future due to the further expansion of internet and mail-order retail, that competitive pressure will increase as a result, and that corresponding retail spaces will no longer be lettable. Likewise, the development of additional retail space in the catchment area of the fund's properties could increase competitive pressure, correspondingly have a negative impact on the tenant's profitability, and make re-letting more difficult.

Limited fungibility: Since there is no regulated secondary market for limited partnership shares, tradability is restricted and under certain circumstances a fair sale price may not be achieved. There is no option for ordinary termination during the term of the fund.

Location risks: Potential negative development of the regional or supra-regional real estate market, risk of a negative development of the retail location, and a decline in demand for retail space at the locations due to displacement effects, e.g., as a result of more attractive competing properties.

Insolvency risk: Due to lower income and/or higher expenses than predicted, the fund company may become insolvent or over-indebted. The resulting insolvency of the fund company can lead to the loss of the invested capital, as the fund company does not belong to a deposit protection scheme.

Financing risk: The investment is financed in part through debt capital, which must be serviced regardless of the fund's income situation. This results in insolvency risks if interest and principal cannot be paid due to a lack of income. Furthermore, corresponding refinancing risks exist after the loan expires, for example with regard to the granting of credit or the amount of debt service. In addition, the use of debt capital creates a so-called leverage effect with respect to the respective equity, meaning that the realization of risks with negative impacts on the overall profitability of the investment leads to stronger impacts on the return on equity than would be the case with financing without debt capital.

Sustainability risks: Sustainability risks are events or conditions related to environmental, social, or corporate governance issues whose occurrence may have actual or potential negative effects on the Company’s net assets, financial position, and earnings, as well as on its reputation. Sustainability risks can have a significant impact on all known types of risk (e.g., liquidity risks, tenant termination and default, re-leasing, risk of creditworthiness issues/insolvency, or default by contractual partners) and contribute to the materiality of these risk types. For example, extreme weather events can cause physical damage to the property, political measures may lead to higher costs and/or shortages of fossil fuels or emissions allowances; political measures may result in high investment costs due to necessary renovations of buildings and facilities; or societal developments may occur that negatively impact the attractiveness of the location. Such revenue shortfalls or additional costs—such as extra taxes resulting from increased CO2 emissions—could, in turn, lead to reduced distributions for the investor or even a partial or total loss of their subscription amount. It is also conceivable that market value trends could be negatively impacted by future increases in requirements regarding sustainability factors such as environmental performance, social responsibility, and corporate governance—the so-called ESG criteria.

Business risk Entrepreneurial investment with the possibility of a total loss of the invested amount plus the issue surcharge.

The tax treatment depends on the investor's personal circumstances and may change in the future. Furthermore, there is a risk of a differing interpretation of tax regulations by the tax authorities.

If the aforementioned risks materialize, this could result, for example, in reduced distributions or, in extreme cases, the complete loss of the investor’s principal.

The management company may decide to revoke the distribution. A summary of investor rights and information on instruments for collective legal redress accessible in the event of any legal disputes are available in German at https://www.hahnag.de/wp-content/uploads/2023/01/Anlegerrechte.pdf available.

This marketing advertisement is intended solely for informational purposes and is not a substitute for individual advice. In particular, it does not constitute an offer or a solicitation to make an offer to buy, sell, or subscribe to any investment security or financial service. Nor does this promotional message, in whole or in part, constitute a sales prospectus.

The details associated with this investment can be found exclusively in the binding sales prospectus dated June 30, 2026, including any supplements and updates. The marketing advertisement is not tailored to the personal circumstances/needs of an investor. Accordingly, the information contained herein merely represents an overview and does not serve as the basis for a potential purchase or sales decision by an investor.

All factual statements, information, and assertions contained herein are based on sources deemed reliable by the author. The opinions and forecasts expressed in the foregoing brochure on the basis of these sources represent non-binding value judgments, for the accuracy and completeness of which no guarantee can be assumed. Forecasts are not a reliable indicator of future performance.

Therefore, no guarantee can be given that the information is up to date and remains correct. The sales prospectus as well as the separately prepared key information document are available free of charge in German from DeWert Deutsche Wertinvestment GmbH at the address mentioned above and on the internet at www.hahnag.de/fonds/hahn-pluswertfonds-187.

¹ Location, Market, and Property Analysis, Bensheim Retail Park, May 2026, L3CON GmbH, Page 39

² Location, market and property analysis, Bensheim retail park, May 2026, L3CON GmbH, page 25

³ Location, Market and Property Analysis, Bensheim Retail Park, May 2026, L3CON GmbH, pages 12 & 35

⁴ Location, market and property analysis, Bensheim retail park, May 2026, L3CON GmbH, page 15

⁵ Location, market and property analysis, Bensheim retail park, May 2026, L3CON GmbH, page 2, page 18, page 21 et seq.

⁶ https://verbund.edeka/verbunds-website/gesch%C3%A4ftsberichte/edeka-verbund_unternehmensbericht-2024-2.pdf, (EDEKA Annual Report 2024, page 4), retrieval date: 12/01/2025

⁷ https://verbund.edeka/verbunds-website/unternehmen/gesch%C3%A4ftsbericht/gb_2025/edeka-verbund_unternehmensbericht__2025.pdf (EDEKA Corporate Report 2025, pages 2–3), retrieved: May 29, 2026

⁸ Warning: Forecasts and the assumptions made are not a reliable indicator of future performance. Regarding the forecast assumptions, please refer to the sales prospectus. The forecast of distributions depends on the nature of the underlying forecast parameters. Distributions may be subject to fluctuations during the forecast period. Pages 68 et seq. of the sales prospectus contain a comprehensive sensitivity analysis that illustrates potential alternative distribution trends and performance outcomes if the forecast parameters change.

⁹ The tax treatment depends on the personal circumstances of the respective investor and is subject to future changes. To clarify individual questions, we recommend seeking the advice of a personal tax advisor.

¹⁰ In addition to the front-end load, further fees may be charged to the investor, which can be found in the sales prospectus. Non-sustainable products pursuant to Art. 6 of the Disclosure Regulation: HAHN-Immobilien-Beteiligungs AG, together with its capital management company DeWert Deutsche Wertinvestment GmbH, currently does not pursue the promotion of ecological or social characteristics, or a combination of these characteristics, within the framework of defined ESG objectives or ESG
Strategies for specific investment products. Accordingly, further transparency requirements under Articles 8 and 9 of the Disclosure Regulation are not relevant to us.