home24 SE: home24 adds a CFO to the management board from 2021

home24 adds a CFO to the management board from 2021

• Philipp Steinhäuser, currently SVP Finance, will become CFO and join the Management Board of home24 with effect from 1 January 2021.
• Johannes Schaback, currently CTO and member of the Management Board, will not prolong his contract expiring at the end of March 2021, for personal reasons.
• To complement the Management Board, home24 is establishing an executive team, in which Florian Leinfelder will assume the function of CTO at home24.

Berlin, 26 November 2020 - home24 SE ("home24", the "Company") is reshaping its management team for the future: The Company's Supervisory Board has appointed Philipp Steinhäuser as CFO with effect from 1 January 2021. Since joining home24 in 2013, Philipp Steinhäuser has proven himself in various financial and managerial positions, most recently as SVP Finance and Head of Investor Relations.

Johannes Schaback, who joined the management board of home24 in 2018 as CTO, will leave the Company at the end of March 2021 in line with the term of the contract. The Management Board and Supervisory Board have deliberately opted for an internal successor for the role of the CTO with Florian Leinfelder, who has owned crucial managerial roles at home24 since 2014. In his current role as SVP "Engineering & Shopping Experience", Florian Leinfelder already owns crucial fields in the technology department.

After a transition period in Q1 2021 with four members on the Management Board, home24 will be led again by a three-person Management Board from April 2021 onwards, consisting of the Chairman of the Management Board Marc Appelhoff (CEO), Brigitte Wittekind (COO) and Philipp Steinhäuser (CFO).

At the same time, home24 is establishing an executive team to complement the Management Board in effectively steering and growing the Company. This executive team will consist of the members of the Management Board, as well as Florian Leinfelder (CTO), Dr. Sascha Vitzthum (CMO) and Dr. André Schneider as Chief People Officer (CPO) and General Counsel.

The Supervisory Board regards the reshaped management team as best positioned to continue the positive development of home24 in the last quarters, and is very grateful for Johannes Schaback's contribution: "We would like to thank Johannes Schaback for his great achievements in the past three years. With his extraordinary technical know-how and his outstanding personality, he has made a decisive contribution to the successful development of home24. He is handing over responsibilities to an ambitious and talented team that he has formed with lots of passion. Our new CTO is also appointed from these ranks. The Management Board and the Supervisory Board are certain that Florian Leinfelder is the perfect choice for this position," says Lothar Lanz, Chairman of the Supervisory Board. "We are delighted that we have found a perfect, internal solution for the Management Board as well with Philipp Steinhäuser joining the management board. Due to his extensive experience, his outstanding personality, and his deep connections to the capital market, he is an excellent choice. We are delighted that we will be working together with him as CFO and the entire executive team to write the next chapter of the home24 success story."

Johannes Schaback looks back at the last three years with home24: "We dramatically improved the home & living shopping experience for an overwhelming number of people. This would not have been possible without the amazingly talented team at home24. My withdrawal from the management board is based on private reasons. I am very happy to be able to hand over my responsibilities to Florian Leinfelder. And I am certain that he will be an excellent leader to our tech team and will continue to execute successfully on our data driven tech strategy."

About home24
home24 is a leading pure-play home & living e-commerce platform in Continental Europe and Brazil. With over 100,000 articles sourced from more than 500 manufacturers, home24 offers a unique selection of large and small furniture pieces, garden furniture, mattresses and lighting. This curated, broad assortment offers a significant value-for-money value proposition to customers. home24 is headquartered in Berlin and employs more than 1,500 people worldwide. The Company is active in seven European markets: Germany, France, Austria, the Netherlands, Switzerland, Belgium and Italy. home24 is also active in Brazil under the "Mobly" brand. In Europe, the Company delivers its products - regardless of size and weight - free of charge to the homes of its customers and also offers free returns. home24's product range consists of numerous brands, including a large number of private labels. home24 is listed on the Frankfurt Stock Exchange (ISIN DE000A14KEB5). For more information, please visit the Company's website at www.home24.com.

Competent person for this publication:
Anne Gaida
Senior Communications Manager
+49 30 201 632 941 6

Press contact:
Anne Gaida
anne.gaida@home24.de

Investor contact:
Philipp Steinhäuser
ir@home24.de

Legal disclaimer:

This publication contains forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the Company's management. Forward-looking statements contain no guarantee for the occurrence of future results and developments and are associated with known and unknown risks and uncertainties. Due to various factors, actual future results, developments and events may differ materially from those described in these statements; neither the Company nor any other person accepts any responsibility whatsoever for the accuracy of the opinions or underlying assumptions contained in this publication. The Company assumes no obligation to update the forward-looking statements contained in this publication.