Shareholders' Meeting approves dividend payment of EUR 1.10 per share - Supervisory Board thanks Felix Zimmermann for many years of successful service

Stuttgart, May 11, 2021. TAKKT AG Shareholders' Meeting today confirmed the dividend proposal of the Management and Supervisory Boards and resolved to pay a dividend of EUR 1.10 per share. The shareholders also approved all other items on the agenda with a large majority. As announced, CEO Felix Zimmermann left the Management Board of TAKKT AG at his own request after the end of the Shareholders' Meeting.

The Shareholders' Meeting of TAKKT AG was again held in virtual form this year. The agenda included the decision on the appropriation of profits, the discharge of the Management and Supervisory Boards, the choice of the auditor and the approval of the remuneration system for the Management and Supervisory Boards. All items on the agenda were approved by a large majority. The shareholders thus also confirmed the proposal to pay a dividend of EUR 0.55 for the 2020 financial year and to also make up the basic dividend of EUR 0.55, which was suspended in the previous year.

In his speech, Felix Zimmermann explained TAKKT's new vision to the shareholders. This serves as the Group's guide and ambition during the transformation process towards TAKKT 4.0. The Group aims to be the most sustainable provider of workspace equipment by 2025. Zimmermann also reported on the past financial year, the start to 2021 and the current status of the implementation of the organizational realignment. Questions submitted by shareholders in advance related in particular to strategy, personnel changes and the effects in connection with the coronavirus pandemic. All questions submitted were answered during the meeting.

As announced in mid-April, CEO Felix Zimmermann left the Management Board of TAKKT AG at his own request after the end of the Shareholders' Meeting. The Chairman of the Supervisory Board Florian Funck thanked him during the meeting for his many years of successful service. Zimmermann was appointed to the TAKKT Management Board in 1999 and had been at the helm of the company since 2009. "With his value-oriented, responsible and pragmatic leadership, he not only guided TAKKT very successfully through the financial and recent Corona crisis, but also drove the company's steady development from a B2B catalog mail order company to an e-commerce provider."

Maria Zesch will take over the position of CEO on August 01. Until then, TAKKT will be managed by a transition team, which will include Management Board members Claude Tomaszewski and Tobias Flaitz, as well as other members of senior management and representatives of the operating units.

In a meeting immediately following the Shareholders' Meeting, a change in the distribution of roles on the Supervisory Board was carried out as planned. Thomas Schmidt, CEO of TAKKT's majority shareholder Haniel, was elected by the Supervisory Board as the new Chairman. Florian Funck will remain a member of the Supervisory Board. Felix Zimmermann thanked Funck for his service. "In his role as Chairman of the Supervisory Board, Florian Funck has greatly helped us in the past two years with his profound knowledge of TAKKT's business to further develop TAKKT and successfully get through the crisis."

About TAKKT AG
The TAKKT Group is specialized on B2B distance selling for business equipment in Europe and North America. The group is represented in more than 25 countries with its units KAISER+KRAFT, Ratioform, National Business Furniture, Displays2Go, Newport, Hubert und Central. The portfolio of its subsidiaries offers more than a million of products ranging from durables that companies use for their business activities, office furniture, transport packaging, display articles, food service supplies to commercial kitchens, hotels, and retailers. Largest shareholder is Haniel, holding shares of 50.25%.

Contacts:
Michael Loch phone +49 711 3465-8222
Benjamin Bühler phone +49 711 3465-8223

Email: investor@takkt.de