Mutares SE & Co. KGaA: Supervisory Board members confirmed in office for a further four years

Munich, June 5, 2024 – Yesterday's Annual General Meeting of Mutares SE & Co. KGaA (ISIN: DE000A2NB650) confirmed the previous four members of the Supervisory Board in office for a further four years by a large majority in the regular election following the expiry of the prior term of office, thus honouring the work of this body to date.

Following yesterday's Annual General Meeting, the re-elected Supervisory Board also re-elected its previous Chairman and Deputy Chairman at its constituent meeting.

With the re-elected members, the Supervisory Board of Mutares SE & Co. KGaA, which consists of four members, continues to be composed as follows:

• Volker Rofalski, Chairman of the Supervisory Board
• Dr Axel Müller, Deputy Chairman of the Supervisory Board
• Dr Lothar Koniarski, Supervisory Board
• Raffaela Rein, Supervisory Board

Mutares Management SE, which manages the business of Mutares SE & Co. KGaA as the sole general partner, also held its Annual General Meeting yesterday and also confirmed all Supervisory Board members in office in the scheduled election; the Chairman and Deputy Chairman of the Supervisory Board of this company were also re-elected in the subsequent constituent meeting. 

The composition of the Supervisory Board of Mutares Management SE, which consists of four members, thus remains unchanged:

• Dr Kris Schleede, Chairman of the Supervisory Board
• Dr Lothar Koniarski, Deputy Chairman of the Supervisory Board
• Volker Rofalski, Supervisory Board
• Dr Axel Müller, Supervisory Board

Robin Laik, CEO of Mutares Management SE, welcomes the consistency of the supervisory bodies and comments on the election results as follows: "I would like to thank the members of the Supervisory Boards of Mutares SE & Co. KGaA and Mutares Management SE for their trusting cooperation in recent years and I am delighted that all members have been re-elected to their respective positions and look forward to a continued successful and fruitful exchange in the future."

Company profile of Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, Munich (www.mutares.com), a listed private equity holding company with offices in Munich (HQ), Amsterdam, Bad Wiessee, Frankfurt, Helsinki, London, Madrid, Milan, Mumbai, Paris, Shanghai, Stockholm, Vienna and Warsaw, acquires companies in special situations which show significant operational improvement potential and are sold again after undergoing a repositioning and stabilization process. For the fiscal year 2024, consolidated revenues of EUR 5.7 billion to EUR 6.3 billion are expected. Based on this, consolidated revenues are to be expanded to approx. EUR 7 billion by 2025 and EUR 10 billion by 2028. As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding. On this basis, the Holding Company is expected to generate a net income of EUR 108 million to EUR 132 million for the fiscal year 2024, EUR 125 million to EUR 150 million for the fiscal year 2025 and EUR 200 million for the fiscal year 2028. The Management Board and Supervisory Board together hold more than one-third of all Mutares shares with voting rights. The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650) and have been part of the selection index SDAX since December 2023.

For more information, please contact:

Mutares SE & Co. KGaA
Investor Relations
Phone: +49 89 9292 7760
E-mail: ir@mutares.de
www.mutares.com

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