NOT FOR DISTRIBUTION, PUBLICATION OR FORWARDING, EITHER DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS PUBLICATION.

 Public disclosure of inside information according to Article 17(1) of the Regulation (EU) No 596/2014 on market abuse (Market Abuse Regulation - MAR)

Delivery Hero SE intends to buy back approx. EUR 1.0 billion of convertible bonds due in 2025, 2026 and 2027

 Berlin, 13 February 2025 – Delivery Hero SE ("Delivery Hero" or the "Company", ISIN: DE000A2E4K43, Frankfurt Stock Exchange: DHER) announces its intention to buy back its outstanding convertible bonds due 2025 (ISIN: DE000A3H2WP2) ("2025 Bonds"), its outstanding convertible bonds due 2026 (ISIN: DE000A3MP429) (“2026 Bonds”) and its outstanding convertible bonds due 2027 (ISIN: DE000A254Y92) (“2027 Bonds” and together with the 2025 Bonds and the 2026 Bonds, the “Convertible Bonds”) for an aggregate principal amount of approximately EUR 1,000 million (the “Target Amount”).

The Management Board and the Supervisory Board of Delivery Hero decided today that such buybacks would be conducted by way of convertible bond tender offers, inviting current bondholders to submit offers to sell the Convertible Bonds. The buybacks would be financed from the proceeds from the Talabat IPO and would further optimise the Company's capital structure.

As of today, the outstanding principal amounts are (i) EUR 48.1 million of the 2025 Bonds (following already completed buybacks in the amount of EUR 451.9 million in 2024 and EUR 250 million in 2023), (ii) EUR 593.5 million of the 2026 Bonds (following already completed buybacks in the amount of EUR 156.5 million in 2024), and (iii) EUR 875 million of the 2027 Bonds.

The Company intends to invite (i) the holders of the 2025 Bonds, to tender for purchase for cash any and all of the 2025 Bonds, (ii) the holders of the 2026 Bonds, to tender for purchase for cash any and all of the 2026 Bonds, and (iii) the holders of the 2027 Bonds, to tender for purchase for cash up to EUR 350 million principal amount of the 2027 Bonds whereby the decision to accept an offer to sell is at the Company's sole and absolute discretion.

The Company would pay interest accrued on the purchased Convertible Bonds from and including the interest payment date for the respective Convertible Bond immediately preceding the respective settlement date to but excluding such settlement date.

The Management Board and the Supervisory Board have not decided on the offer prices for the Convertible Bonds, start and end of the offer period or settlement dates for the repurchased Convertible Bonds within the first quarter of 2025. In any event, the Company reserves the right, in its sole and absolute discretion, to purchase less than or more than the Target Amount.

Responsible Person for this Publication

Christoph Bast

Head of Investor Relations

ir@deliveryhero.com

Important notice

This announcement may not be published, distributed or transmitted, directly or indirectly, in the United States of America (including its territories and possessions), Canada, Japan or Australia or any other jurisdiction where such announcement could be unlawful. The distribution of this announcement may be restricted by law in certain jurisdictions and persons who are in possession of this document or other information referred to herein should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

Any invitation would not be an extension of a tender offer in the United States for securities of Delivery Hero SE. A tender offer for the sale of the securities would not be made within the United States or to, or for the account or benefit of, persons located or resident in the United States or in any other jurisdiction where any invitation or any participation therein would be unlawful.

This announcement does not constitute an offer of, or a solicitation of an offer to purchase, securities of Delivery Hero SE or of any of its subsidiaries in the United States of America, Germany or any other jurisdiction. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, an offer in any jurisdiction. The securities to which any invitation would refer would not be and have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act.

No action has been taken that would permit an offering or an acquisition of the securities or a distribution of this announcement in any jurisdiction where such action would be unlawful. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions.

This announcement does not constitute a recommendation concerning any invitation. Investors should consult a professional advisor as to the suitability of any invitation for the person concerned.

This release may contain forward looking statements, estimates, opinions and projections with respect to anticipated future performance of Delivery Hero SE ("forward-looking statements"). These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes," "estimates," "anticipates," "expects," "intends," "may," "will" or "should" or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current views, expectations and assumptions of the management of Delivery Hero SE and involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Any forward-looking statements included herein only speak as at the date of this release. We undertake no obligation, and do not expect to publicly update, or publicly revise, any of the information, forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information, future events or otherwise. We accept no liability whatsoever in respect of the achievement of such forward-looking statements and assumptions.