Approximately 11.4 million shares have been tendered to Scout24 AG under its public repurchase offer

Munich, 20 April 2021

According to preliminary determinations, approximately 11.4 million Scout24 shares have been tendered to Scout24 AG under its public repurchase offer. This is equivalent to approximately 81.5% of the entire repurchase offer. For bank processing reasons, the final number of shares repurchased cannot yet be determined. As soon as the Company has a definitive result, it will be announced. This is expected to be the case on 21 April 2021. From today's perspective, the public repurchase offer was therefore successful.

The Management Board

Notifying Person and Investor Relations contact
Ursula Querette
Head of Investor Relations
Tel.: +49 89 262 02 4939
E-Mail: ir@scout24.com

Media Relations contact
Jan Flaskamp
Vice President Communications & Marketing
Tel.: +49 30 24301 0721
E-Mail: mediarelations@scout24.com

Important Notice
This communication is not directed at or for transmission to, or use by, any person who is a national or resident of any state, country or other jurisdiction, or who is located in any jurisdiction where the transmission, publication, availability or use of this communication would be contrary to applicable law or would require any registration or license within such jurisdiction.

Persons located or resident in the United States or who are acting for the account or benefit of such persons were not eligible to participate in the offer mentioned in this announcement or to exercise the tender rights. Offer documents were not distributed or sent into the United States.

This announcement does not constitute an offer of securities for sale or a solicitation of an offer to purchase any securities of the Company in the United States of America, Germany or any other jurisdiction.

The information contained in this announcement is subject to amendment, revision and updating. Certain statements, beliefs and opinions in this document are forward-looking, which reflect the Company's or, as appropriate, senior management's current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results, including but not limited to the Company's financial position or profitability, to differ materially, also adversely, from those expressed or implied by the forward-looking statements. Statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company does not undertake any obligation to update or revise any information contained in this document (including forward-looking statements), whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this announcement.