SIGNA Sports United N : Partners with Rhenus Group

SIGNA SPORTS UNITED PARTNERS WITH RHENUS GROUP

Third-party partnership will enable SSU to drive growth strategy and create

synergies across company

Berlin, 8 June 2022

SIGNA Sports United (SSU) today announced a third-party logistics (3PL) strategic partnership with Rhenus Warehousing Solutions and the opening of a new state-of-the-art SSU warehouse facility.

The newly built 20,000 sq. metre site, the largest bike parts hub in Europe, is strategically located in Hockenheim, Germany with excellent distribution channels to several European markets. With the establishment of the site, SSU creates cost savings and synergies across the company by integrating the strands of SSU's continental European bike inventory, including purchasing, supply chain management and operations. The facility has a starting capacity of 5 million orders within the first year it is operational, with capability of reaching 21 million orders by 2025/2026.

The site is operated by Rhenus Warehousing Solutions, a global company focused on warehousing solutions and fulfilment services and will add capacity for SSU's bike business including Probikeshop, the Lyon, France-based expert bike brand. SSU's current individual bike warehouses, with their years of experience and core knowledge, will now be supported by the new facility. This will allow them to scale future growth and serve their customers even better.

Markus Knöller, head of logistics and fulfillment at SSU, said: "We are thrilled to partner with Rhenus on this first step in a 3PL strategy for our international expansion. This partnership will serve as the playbook for other regions globally as we work to be even closer to our customers."

"The site and the increased capacity will support organic growth and allow to efficiently integrate further M&A targets over the coming years. The site also gives us flexibility to integrate further sectors such as tennis or outdoor, creating cross-sector synergies. We see 3PL partnerships for our international expansion as key to our growth strategy." Mr Knöller added.

The bike industry continues to grow rapidly and in step with the acceleration of mega-trends such as heightened focus on health and fitness in a post-pandemic world, and the continuing evolution in e-mobility and cleaner modes of transport.

Olivier Rochon, founder and managing director of ProBikeshop, said: "We continue to see strong demand in Southern Europe and this new site enables us to take our business to the

next level. As avid and passionate riders ourselves, we want to provide the best possible service to our customers. Having this additional capacity helps us to provide our expertise to even more riders."

About SSU:

SIGNA Sports United ("SSU") is an NYSE listed specialist online sports retail and tech company. We own companies and brands in various sports including bike, tennis, outdoor and team sports. We sell equipment and sports apparel via our 100 own online stores, collaborate with 500+ independent brick and mortar shops, and partner with over 1500 sports brands. Together we serve 7+ million customers making us the world's largest online bike and online tennis specialist retailer. SSU companies and brands include Wiggle, Chain Reaction Cycles, Fahrrad.de, Bikester, Probikeshop, CAMPZ, Addnature, Tennis-Point, TennisPro, and OUTFITTER.

For further information:www.signa-sportsunited.com

About Rhenus Warehousing Solutions:

Rhenus is one of the pioneers in warehouse logistics and forms a comprehensive global network with more than 155 locations in 21 countries and 3.5 million square metres of warehouse space. Specialised in numerous industries, Rhenus customers benefit from tailor- made warehousing solutions and fulfilment services. At multi-user locations and for dedicated and in-house solutions, the main focus is on innovation, sustainability and continuous process optimisation.

About Rhenus:

The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 7.0 billion. 37,500 employees work at 970 business sites and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.

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