EQS-News

Delivery Hero announces nominees for election to the Supervisory Board at Annual General Meeting - Seite 2

• Jeanette Gorgas, after four years of dedicated service as Chair of the Strategy Committee and a member of the Audit and Nomination Committees, will not stand for re-election.
• Patrick Kolek, after six years of dedicated service, and in light of his recent departure from Prosus and Naspers to become CEO of a private equity-backed company, will not stand for re-election and will be succeeded by Rabalais effective 1 May 2024.
• Three employee representatives have already been nominated by the Company’s SE works council.
• As part of expanding the Supervisory Board, a fourth employee-elected member will be appointed to the Board as well.

Delivery Hero would like to thank Jeanette Gorgas and Patrick Kolek for their insights and contributions, and Dr. Martin Enderle for his strong leadership as Chair since the Company’s IPO in 2017. Together with the employee-elected members of the Supervisory Board – Gabriella Ardbo Engarås, Nils Engvall and Dimitrios Tsaousis – these accomplished individuals have helped steer the Company through growth and market expansion to reach profitability and free cash flow breakeven during H2 2023. Under their tenures, Delivery Hero has emerged as a global leader in the food delivery space.

Dr. Martin Enderle said: “It has been a privilege working with Jeanette, Pat, Gabriella, Nils and Dimitrios during my tenure as Chairperson. I wish Jeanette and Pat well and appreciate their many valuable contributions during their time on the Supervisory Board. I am enthusiastic about the outstanding slate of new nominees we have proposed and know they will build on this excellent work. I look forward to welcoming and working with Kristin, Roger, and Scott.”

In connection with the proposal to elect Scott Ferguson as fourth member of the Supervisory Board, the Company and Sachem Head entered into a cooperation agreement which includes customary standstill and confidentiality provisions.

About the Nominees

The new nominees joining Martin Enderle as shareholder representatives on the Supervisory Board bring a wealth of relevant experience to supervise the Company’s focus on profitability, cash generation and disciplined capital allocation.