BRIEF

on Zalando SE (isin : DE000ZAL1111)

Zalando and ABOUT YOU Secure Final Approval for Merger

Zalando SE has received regulatory clearance from the European Commission for its takeover of ABOUT YOU Holding SE. The transaction is set to close on July 11, 2025. Shareholders who accepted the offer will receive EUR 6.50 per ABOUT YOU share. Zalando now controls over 90% of ABOUT YOU's share capital, excluding treasury shares.

Zalando announced plans to initiate a squeeze-out of remaining minority shareholders of ABOUT YOU. This will involve merging ABOUT YOU into a wholly owned subsidiary of Zalando, offering cash compensation for the remaining shares.

The merger highlights Zalando's ongoing strategy to expand its fashion e-commerce ecosystem across Europe, leveraging both Business-to-Consumer and Business-to-Business avenues for growth.

R. H.

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