Adler Modemärkte AG: Chairman and further member of the Super-visory Board resign from office prematurely

DGAP-Ad-hoc: Adler Modemärkte AG / Key word(s): Personnel Adler Modemärkte AG: Chairman and further member of the Super-visory Board resign from office prematurely 18-March-2021 / 13:20 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Chairman and further member of the Super­visory Board resign from office prematurely Haibach (near Aschaffenburg), 18 March 2021: The Executive Board of Adler Modemärkte AG (ISIN DE000A1H8MU) today received notices from the Chairman of the Supervisory Board, Massimiliano Monti, and the member of the Supervisory Board Giorgio Mercogliano that they will resign from office  with effect from 20 April 2021 and will also leave the Supervisory Board as of the lapse of this day. Press enquiries Adler Modemärkte AG: Peter Dietz Media and Investor Relations Tel.: [phone] e-mail: [e-mail]   Information and Explanation of the Issuer to this News: About Adler Modemärkte AG: Adler Modemärkte AG, headquartered in Haibach near Aschaffenburg, Germany, is one of Germany's largest and most important textile retailers.The Group generated revenue of ?495.4 million and EBITDA of ?70.3 million in 2019. As at 31 December 2019, ADLER employed a workforce of around 3,600 and currently operates 172 stores, 143 of which are located in Germany, 24 in Austria, three in Luxembourg, two in Switzerland, plus an online shop. The Company focuses on large-space concepts offering in excess of 1,400 m2 of retail space. With its many own brands and select external brands, ADLER offers a highly diverse product range. Thanks to more than 70 years of tradition and strong customer loyalty, ADLER considers itself to be the market leader within its target group of affluent customers aged 55 and over. For more information: www.adlermode-unternehmen.com; www.adlermode.com 18-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	Adler Modemärkte AG
	Industriestraße Ost 1-7
	63808 Haibach
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.adlermode.com
ISIN:	DE000A1H8MU2
WKN:	A1H8MU
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1176668

End of Announcement	DGAP News Service

1176668  18-March-2021 CET/CEST