Zalando SE: Annual General Meeting 2016

Today, on May 31, 2016, Zalando SE held its Annual General Meeting (“AGM”) in Berlin. The AGM resolved in accordance with all proposals of the Supervisory Board and the Management Board. Participating shareholders represented 89,56 % of the share capital with voting power.

The AGM elected Jørgen Madsen Lindemann as a new member of the Supervisory Board. Lindemann will succeed Cristina Stenbeck, who resigned from her roles as member of the Supervisory Board and as Chairman of the Supervisory Board with the conclusion of the AGM.

The shareholders of Zalando SE resolved to grant discharge to the Supervisory Board and the Management Board for the fiscal year 2015.

The AGM also resolved to:

• Re-elect the auditor Ernst & Young to conduct the audit and, if applicable, all audit reviews until the next AGM
• Approve a decision regarding the authorization for the granting of subscription rights on shares and the authorization for the granting of stock appreciation rights with subscription rights for Zalando SE shares to managing directors of affiliated companies of Zalando SE as well as to managerial staff members and selected key employees of Zalando SE or affiliated companies along with the creation of a conditional capital as well as on an amendment to the Articles of Association
• Approve two new domination and profit and loss transfer agreements between Zalando SE and two 100% subsidiaries

At the meeting of the Supervisory Board following the AGM, Lothar Lanz, who was already member of the Supervisory Board, was elected as Chairman. The Supervisory Board also elected Kai-Uwe Ricke as new Chairman of the audit committee.

Lothar Lanz: “I very much look forward to my tasks as Chairman of the Supervisory Board. It is an exciting challenge to support Zalando and the management team during their further growth path as the largest European online fashion platform.”

Cristina Stenbeck: “Being part of building Zalando into the leading European online fashion destination, initially as an early investor and more recently as Supervisory Board Chairman has been a source of great pride for me. It has been a real pleasure to work with my fellow Supervisory Board members, with the Management Board and the broader team since 2010. I look forward to continue supporting them in my role as lead shareholder going forward. With Lothar Lanz and Jørgen Madsen Lindemann, Zalando has found two very competent and experienced successors to contribute to its ongoing development. I wish the team continued success."

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract around 160 million visits per month. In the first quarter of 2016, around 62 per cent of traffic came from mobile devices, resulting in 18.4 million active customers by the end of the quarter.

CONTACT ZALANDO
René Gribnitz / VP Communications
rene.gribnitz@zalando.de
+49 30 20968 2022