DGAP-Ad-hoc: Zalando SE / Key word(s): Change in Forecast/Share Buyback 
Zalando SE: Zalando Upgrades Outlook for the Financial Year 2021; Zalando Launches Share Buy-back for Stock Option 
Programs 
05-May-2021 / 21:43 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. 
=---------------------------------------------------------------------------------------------------------------------- 
ZALANDO UPGRADES OUTLOOK FOR THE FINANCIAL YEAR 2021; ZALANDO LAUNCHES SHARE BUY-BACK FOR STOCK OPTION PROGRAMS 
AT THE SAME TIME DISCLOSURE ACCORDING TO ART. 5 PARA. 1 LIT. A) REGULATION (EU) NO. 596/2014 AND ART. 2 PARA. 1 OF 
COMMISSION DELEGATED REGULATION (EU) NO. 2016/1052 // SHARE BUY-BACK 
 
=---------------------------------------------------------------------------------------------------------------------- 
Information and Explanation of the Issuer to this News: 
BERLIN, May 5, 2021 // Zalando upgrades its outlook for the financial year 2021 following exceptionally strong and 
profitable growth in the first quarter, continued elevated growth levels in the second quarter, and a stable outlook 
for the second half of the year. 
The company now expects Gross Merchandise Volume (GMV) to grow 31%-36% to 14.0-14.6 billion euros for the financial 
year 2021. The company expects revenues to grow 26%-31% to 10.1-10.5 billion euros and an adjusted EBIT of 400-475 
million euros in the same period. Zalando previously assumed GMV growth of 27%-32%, revenue growth of 24%-29% and an 
adjusted EBIT of 350-425 million euros for the full year 2021. 
Today the Management Board of Zalando SE also decided to initiate a share buy-back program. The repurchased shares 
shall be used to meet Zalando's obligations under its option programs to employees and to members of the Management 
Board. The program covers the repurchase of own shares with a total purchase price (excluding incidental transaction 
charges) of up to 200 million euros, however, no more than 20 million shares. It starts on 7 May 2021 and ends on 30 
July 2021 at the latest. This decision has been approved by the Supervisory Board and is in accordance with the 
authorization granted by the Annual General Meeting 2020. 
The buy-back shall be executed through the stock exchange and in line with the authorization of the Company's Annual 
General Meeting 2020, and in line with the safe harbour requirements of buy-back programs set forth by Regulation (EU) 
No. 596/2014 (Market Abuse Regulation) and Commission Delegated Regulation (EU) No. 2016/1052 of 8 March 2016 (Delegate 
Regulation). 
The share repurchases will be carried out by an independent bank which will make its trading decisions regarding the 
exact timing of the purchases of shares independently of, and without any influence by, the Company. The bank is 
obliged to comply with the trading conditions of Art. 3 of the Delegated Regulation and the provisions contained in 
this share buy-back program. 
Information on the transactions relating to the buy-back program will be published according to Art. 2 of the Delegated 
Regulation and will be made available on the Company's website under www.corporate.zalando.com/en/investor-relations. 
Person making the notification: Dr. Martin Hager, Team Lead Capital Markets Law 
INVESTOR/ANALYST INQUIRIES 
Patrick Kofler 
Investor Relations 
investor.relations@zalando.de 
+49 (0) 30 20968 1584 
MEDIA INQUIRIES 
Alexander Styles 
Business & Financial Communications 
Alexander.Styles@zalando.de 
+49 (0) 152 22715810 
=---------------------------------------------------------------------------------------------------------------------- 
05-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and 
Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      Zalando SE 
              Valeska-Gert-Straße 5 
              10243 Berlin 
              Germany 
E-mail:       investor.relations@zalando.de 
Internet:     https://corporate.zalando.de 
ISIN:         DE000ZAL1111 
WKN:          ZAL111 
Indices:      MDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1192992 
 
End of Announcement  DGAP News Service 
=------------

1192992 05-May-2021 CET/CEST


 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1192992&application_name=news

(END) Dow Jones Newswires

May 05, 2021 15:44 ET (19:44 GMT)