Zalando Co-Founder David Schneider To Hand Over His Co-CEO Role To David Schroeder

ZALANDO SE ZAL:

• CO-FOUNDER DAVID SCHNEIDER TO FOCUS ON GROUP-WIDE STRATEGIC PARTNERSHIPS AND BRAND RELATIONS, HANDING OVER HIS CO-CEO ROLE TO DAVID SCHRÖDER

• CO-FOUNDER ROBERT GENTZ TO CONTINUE AS CO-CEO AND FOCUS ON EXPANDING ZALANDO'S B2C GROWTH VECTOR

• IMPACT OF CORPORATE FUNCTIONS TO BE STRENGTHENED UNDER LEADERSHIP OF CHIEF PEOPLE OFFICER DR. ASTRID ARNDT AND CHIEF FINANCIAL OFFICER DR. SANDRA DEMBECK

• SCHROEDER WILL FOCUS ON BUILDING B2B OPERATING SYSTEM THAT ENABLES E-COMMERCE ACROSS EUROPE ON AND OFF ZALANDO PLATFORM AND FURTHER DEVELOPING ZALANDO'S UNIQUE CAPABILITIES AND INFRASTRUCTURE

• ALL CHANGES WILL COME INTO EFFECT AS OF SEPTEMBER 1, 2024