DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft: Change in the DEAG Supervisory Board

Corporate News

Change in the DEAG Supervisory Board

Berlin, 10 January 2020 - DEAG Deutsche Entertainment Aktiengesellschaft (Prime Standard, ISIN: DE000A0Z23G6, stock exchange symbol: LOUD, "DEAG") has announced that Professor Dr. Katja Nettesheim has resigned from her position as a member of the Supervisory Board for personal reasons with effect from 31 December 2019. The Executive Board and Supervisory Board of DEAG would like to thank her for her valuable support over the past few years.

The Local Court of Berlin-Charlottenburg has appointed Tobias Buck, London, as a new member of the Supervisory Board by proposal of the Executive Board of DEAG. The court appointment lasts until DEAG's next Annual General Meeting in June 2020. The Supervisory Board will propose Tobias Buck for election by the Annual General Meeting.

Tobias Buck has many years of experience in Private Equity and Corporate Finance. He has previously worked for Novalpina Capital, a private equity firm based in London, and for the American Investment Bank Goldman Sachs in the Merchant Banking division in London and New York.

About DEAG
DEAG Deutsche Entertainment Aktiengesellschaft (DEAG) is a leading entertainment service company and a provider of Live Entertainment in Europe with subsidiaries in its core markets. DEAG produces and profitably organises a broad range of live entertainment events and concerts. As a Live Entertainment service company with an integrated business model, DEAG has extensive expertise in the organisation, marketing and holding of events, as well as in ticket sales via its own ticketing platform 'MyTicket' for its own and third-party content. The highly scalable business model of MyTicket strengthens DEAG on its way to increasing profitability. DEAG promotes over 4,000 concerts and events a year and currently sells more than 5 million tickets, of which a steadily increasing share is sold via its high-turnover ticketing platform MyTicket.

Founded in Berlin in 1978 and listed since 1998, DEAG's core businesses include Rock/Pop, Classics & Jazz, Family Entertainment and Arts+Exhibitions. The Family Entertainment and Arts+Exhibitions divisions in particular are of great importance to the further development of DEAG's own content. With its strong partner network, DEAG is excellently positioned in the market as an internationally active Live Entertainment service company.

DEAG shares (ISIN: DE000A0Z23G6 | WKN: A0Z23G |ticker symbol: LOUD) are listed in the Prime Standard of the Frankfurt Stock Exchange, the quality segment of Deutsche Börse.

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