The Chief Executive Officer of HolidayCheck Group AG, Georg Hesse, reached a mutual agreement with the company's Supervisory Board to leave the company prematurely at the close of 29 April 2020 owing to differences of opinion over the future strategic direction. The Supervisory Board appointed Dr. Marc Al-Hames, aged 42, with effect from 30 April 2020 as his successor in the post of Chairperson of the Management Board. Dr. Marc Al-Hames has been General Manager of Cliqz GmbH since 2013.

Major stakeholder of this Munich-based company is Hubert Burda Media. Cliqz develops search engine, browser and privacy technologies in Germany and, inter alia, also operates the world's leading privacy browser extension, Ghostery. Prior to his present role, Dr. Marc Al-Hames was Head of Corporate Development and a member of the Management Board of Tomorrow Focus AG (now HolidayCheck Group AG), and Project Manager at McKinsey & Company.

The Supervisory Board is confident that, with his internet and management expertise, Dr. Marc Al-Hames will be able to lead the company successfully through the current Coronavirus crisis, and thereafter return it to a trajectory of profitable growth.