DGAP-News: asknet Solutions AG / Key word(s): AGM/EGM/Forecast 
asknet Solutions AG: Annual General Meeting elects new Supervisory Board and Management Board presents Three-Pillar 
Strategy to realign Business Units and deliver profit and susta 
2021-07-05 / 17:46 
The issuer is solely responsible for the content of this announcement. 
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asknet Solutions AG: Annual General Meeting elects new Supervisory Board and Management Board presents Three-Pillar 
Strategy to realign Business Units and deliver profit and sustainable growth in the coming years 
  . The Management Board presents an ambitious growth vision: the Three-Pillar Strategy 
  . After consolidation in the current year, it is planned to achieve significant growth in the next two years, 
    break-even in 2022 and a clearly positive result in 2023 
  . Shareholders approve all agenda items with a large majority 
July 5, 2021, Karlsruhe (Germany) - asknet Solutions AG, a leading procurement, e-commerce and payment specialist with 
a dominant position in the German-speaking academic market, held today its Annual General Meeting, during which the 
company's Management Board, Christian Herkel (CEO) and Florent Guillomeau (CFO since June 1, 2021), presented the 
outline of the company's new strategy. 
The new strategy is the outcome of an intensive process initiated by the Management Board at the end of 2020, right 
after the company had emerged from an important organizational realignment and when the first noticeable improvements 
had been achieved. The process involved both the Senior Management and the Supervisory Board, aided by external 
consultants. 
The result is asknet Solutions AG's Three-Pillar Strategy and a clear roadmap for the years 2021 through 2023: 
  . The first pillar of the strategy focusses on the plan to expand the Academics business to the entire education 
    sector. The goal is a 75% increase of Academics gross revenue by the end of 2023. 
  . The second strategic pillar covers the repositioning of the eCommerce business and the achievement of scalable 
    growth of the eCS platform. Here, asknet wants to achieve a doubling of eCS sales by the end of 2023. 
  . The third pillar addresses the "New Pipeline" of products and services. Here, the aim is to deliver innovative 
    solutions and to establish new strategic partnerships. The New Pipeline developments are expected to contribute 15% 
    of the total company's gross profit in 2023. 
Additional details, including the measures to be taken to achieve these targets can be found in the management 
presentation under https://asknet-solutions.com/investors/annual-general-meetings.html. 
Florent Guillomeau, CFO of asknet Solutions AG: "Our new strategy represents an ambitious growth vision combined with 
clear targets. After consolidation in the current year, we intend to grow steadily in 2022, reaching break-even by the 
end of that year, and to achieve a clearly positive result in 2023." 
At the Annual General Meeting, the candidates standing for election to the Supervisory Board of asknet Solutions AG 
were elected with a large majority by the shareholders in attendance. The previous members of the Supervisory Board 
were no longer available for re-election. New members of the Supervisory Board are Mr. Manfred Danner - Board Member of 
Mountain Alliance AG, Mr. Massimiliano Iuliano - Board Member of Youngtimers Asset Company AG (former Smith Circle AG) 
and Delegate of the Board of Directors of The Native SA (to be renamed into Youngtimers AG), and Mr. Andreas Lammel - 
newly appointed Executive Director and Head of Operations at CORESTATE Bank GmbH (before Head of Paying Agency, CACEIS 
Bank - German Branch). Following the Annual General Meeting, the new Supervisory Board elected Manfred Danner as its 
new Chairman and Massimiliano Iuliano as Deputy Chairman. 
Christian Herkel, CEO of asknet Solutions AG: "We are engaged in a continuous, constructive dialog with our 
shareholders and look forward to working with the new Supervisory Board. Our management team, redesigned and 
significantly reconfigured since June 2020, today represents a good mix of experience, expertise, and new way of 
thinking. With our new strategy, the team is determined to bring the company to profitability and sustainable growth by 
the end of the year 2023." 
Viable progress has already been made in implementing the new strategy in the first half of the financial year 2021. In 
the eCS area, the organizational realignment is making great strides. In the Academics business unit, the IBM 
partnership is being continuously extended through additional license sales. In the New Pipeline area, an experienced 
Business Development team is leading the expansion in the education market. This includes the roll-out of the 
partnership with Blackboard Inc, signed in late 2020. 
Due to the ongoing Covid-19 pandemic, the Annual General Meeting was held, for the second time, in a virtual form. The 
participation quota represented 80.28% of the share capital. The shareholders of the company approved all items on the 
agenda with a large majority. 
The final voting results as well as the presentation of the Management Board including the new strategy will be 
available on the asknet Solutions AG website https://asknet-solutions.com/investors/annual-general-meetings.html. 
About asknet Solutions AG 
asknet Solutions AG, founded in 1995, is a leading procurement, e-commerce and payment specialist focusing on the 
academic universe. The company offers software procurement and sales services for European academic institutions, 
including professors, students and alumni. The procurement portals offered by asknet are used by more than 80% of 
German universities of higher education. asknet Solutions AG is listed on the Frankfurt Stock Exchange (Ticker: ASKN; 
ISIN: DE000A2E3707). 
Contact 
Magda Gajny 
+49(0)721/96458-6116 
investors@asknet.com 
https://asknet-solutions.com/ 
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2021-07-05 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      asknet Solutions AG 
              Vincenz-Priessnitz-Str. 3 
              76131 Karlsruhe 
              Germany 
Phone:        +49 (0)721 / 964 58-0 
Fax:          +49 (0)721 / 964 58-99 
E-mail:       investors@asknet.com 
Internet:     asknet-solutions.com 
ISIN:         DE000A2E3707 
WKN:          A2E370 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich, Stuttgart 
EQS News ID:  1215412 
 
End of News   DGAP News Service 
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1215412 2021-07-05


 
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July 05, 2021 11:48 ET (15:48 GMT)