Latest update: 11 February 2020

Below you will find all the disclosable announced counter-motions and election nominations of shareholders relating to the agenda items of the General Meeting of CECONOMY AG on 12 February 2020. The announced counter-motions and election nominations and their reasons have been posted without change on the internet, insofar as they are required to be disclosed.

1. Election nomination of Convergenta Invest GmbH with regard to agenda item 5

CECONOMY AG received the following election nomination of Convergenta Invest GmbH on 20 January 2020:

Information of the Management Board on the election nomination according to § 127 sent. 4 German Stock Corporation Act:

Pursuant to §§ 96 (1) and (2), 101 (1) German Stock Corporation Act, §§ 1 (1), 7 (1) sent. 1 no. 3, (2) no. 3, (3) German Co-Determination Act and § 7 (1) of the Articles of Association of CECONOMY AG, the Supervisory Board of CECONOMY AG is composed of ten members elected by the General Meeting and ten members elected by the employees, and of at least 30 percent women (i.e. at least six) and at least 30 percent men (i.e. at least six). Since an objection was lodged against comprehensive fulfilment pursuant to § 96 (2) sent. 3 German Stock Corporation Act, the minimum quota has to be fulfilled separately by both the shareholders' side and the employees' side. Therefore, of the ten shareholder seats on the Supervisory Board, at least three have to be occupied by women and at least three by men.

The Supervisory Board currently comprises a total of nine women, five thereof on the shareholder representatives' side. Furthermore, the Supervisory Board comprises eleven men, five thereof on the shareholder representatives' side. On the basis of separate fulfilment, the minimum quota requirement is thus fulfilled on the shareholder representatives' side and would also continue to be fulfilled after the election, in any case.

Management Board of CECONOMY AG

2. Letter from Convergenta Invest GmbH dated 11 February 2020 that the election nomination with regard to

agenda item 5 will not be maintained:

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CECONOMY AG published this content on 11 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 February 2020 15:32:03 UTC