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MarketScreener Homepage  >  Equities  >  Xetra  >  Zalando SE    ZAL   DE000ZAL1111

ZALANDO SE

(ZAL)
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PRESS RELEASE : Zalando SE: Proposed Change to the Supervisory Board

04/08/2021 | 05:14am EDT
DGAP-News: Zalando SE / Key word(s): Personnel 
Zalando SE: Proposed Change to the Supervisory Board 
2021-04-08 / 11:12 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Zalando SE: Proposed Change to the Supervisory Board 
  . Mr Niklas Östberg is proposed to succeed Mr Jørgen Madsen Lindemann as Member of the Supervisory Board 
  . Zalando Annual General Meeting 2021 will be held virtually on May 19, 2021 
BERLIN, April 8, 2021 // The Supervisory Board of Zalando has proposed the election of Niklas Östberg to the 
Supervisory Board. Niklas Östberg is the CEO and Co-Founder of Delivery Hero and he will succeed Jørgen Madsen 
Lindemann, who informed the Nomination Committee that he will not stand for re-election to the Supervisory Board after 
serving as a member since 2016. 
Ms. Cristina Stenbeck, Chairperson of the Supervisory Board and Nomination Committee of the Supervisory Board, says: 
"We look forward to working with Niklas Östberg as a new member of Zalando's Supervisory Board. Niklas is an 
experienced CEO, leading a global platform business that operates in several overlapping markets with Zalando's own 
geographic footprint. Under Niklas' leadership, Delivery Hero has continued to deliver growth as well as continued 
value creation through smart capital allocation, compelling localisation and talent acquisition strategies. We are 
confident that Niklas will bring beneficial insights and perspectives to the work of the Supervisory Board." 
Ms. Stenbeck continues: "On behalf of the Supervisory Board I would like to take this opportunity to thank Jørgen 
Madsen Lindemann for his exceptional contribution to Zalando over the past five years. His leadership on the previous 
and new proposed remuneration frameworks have been instrumental in attracting and retaining our very talented team at 
Zalando." 
The Annual General Meeting 2021 will be held on May 19, 2021, as a virtual meeting. The full invitation to the Annual 
General Meeting and more information are available on the Zalando corporate website. 
Zalando (https://corporate.zalando.com) is Europe's leading online platform for fashion and lifestyle. Founded in 
Berlin in 2008, we bring head-to-toe fashion to more than 38 million active customers in 17 markets, offering clothing, 
footwear, accessories, and beauty. The assortment of international brands ranges from world famous names to local 
labels. Our platform is a one-stop fashion destination for inspiration, innovation, and interaction. As Europe's most 
fashionable tech company, we work hard to find digital solutions for every aspect of the fashion journey: for our 
customers, partners and every valuable player in the Zalando story. Our vision is to be the Starting Point for Fashion 
and a sustainable platform with a net-positive impact for people and the planet. 
Media contact 
Alexander Styles 
Corporate Communications 
alexander.styles@zalando.de 
+49 1522 2715810 
Investor/analyst contact 
Patrick Kofler 
Investor Relations 
investor.relations@zalando.de 
+49 30 20968 1584 
=---------------------------------------------------------------------------------------------------------------------- 
2021-04-08 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 
=---------------------------------------------------------------------------------------------------------------------- 
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:  1182460 
 
End of News   DGAP News Service 
=------------ 

1182460 2021-04-08

(END) Dow Jones Newswires

April 08, 2021 05:13 ET (09:13 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
MDAX -0.81% 32472.5 Delayed Quote.6.30%
ZALANDO SE -2.72% 85.16 Delayed Quote.-3.87%
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Financials
Sales 2021 9 982 M 11 891 M 11 891 M
Net income 2021 205 M 244 M 244 M
Net cash 2021 1 264 M 1 506 M 1 506 M
P/E ratio 2021 112x
Yield 2021 -
Capitalization 21 556 M 25 681 M 25 678 M
EV / Sales 2021 2,03x
EV / Sales 2022 1,69x
Nbr of Employees 14 194
Free-Float 62,2%
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Technical analysis trends ZALANDO SE
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TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 34
Average target price 97,69 €
Last Close Price 87,54 €
Spread / Highest target 48,5%
Spread / Average Target 11,6%
Spread / Lowest Target -56,8%
EPS Revisions
Managers and Directors
NameTitle
Robert Gentz Co-Chief Executive Officer
Rubin Ritter Co-Chief Executive Officer
David Schneider Co-Chief Executive Officer
David Schröder Chief Financial Officer
Cristina Stenbeck Chairman-Supervisory Board
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