DEAG: Successful Annual General Meeting follows successful FY 2023 and elects new members to the Supervisory Board

Corporate News

DEAG: Successful Annual General Meeting follows successful FY 2023 and elects new members to the Supervisory Board

• Dr Antonella Mei-Pochtler and Alexander Hix elected as new members of the Supervisory Board
• Former Supervisory Board Chairman Wolf-Dieter Gramatke retires from the Supervisory Board after more than 20 years 
• Tobias Buck elected Chairman of the Executive Board after the Annual General Meeting at the constituent Supervisory Board meeting 
• All agenda items approved by a large majority of shareholders at the AGM

Berlin, 27 June 2024 – DEAG Deutsche Entertainment Aktiengesellschaft (“DEAG”) held its Annual General Meeting 2024 on 25 June 2024. In his speech to the shareholders, Group CEO Detlef Kornett reported on DEAG's growth strategy and looked back on a successful financial year 2023. DEAG remains confident about the current financial year 2024. DEAG continues to expect an improvement in EBITDA with an equally positive sales trend.

The company’s shareholders approved all items on the agenda by a large majority of more than 98%. Among other items, Dr Antonella Mei-Pochtler and Mr Alexander Hix were newly elected to the Supervisory Board of DEAG. The former Chairman of the Supervisory Board of DEAG, Mr Wolf-Dieter Gramatke, has resigned from the Supervisory Board at his own request after more than 20 years of service. Mr Tobias Buck and Mr Vincent Wobbe will complete the DEAG Supervisory Board. At the constituent meeting of the new Supervisory Board, Mr Tobias Buck was elected as the new Chairman of the Supervisory Board.

Dr Antonella Mei-Pochtler and Mr Alexander Hix have held a number of executive and board positions in various companies in recent years. Dr Mei-Pochtler has many years of experience and extensive expertise in the business and financial sectors. The management consultant is a member of the Supervisory Board of the Generali Group and was previously Senior Partner and Managing Director at the Boston Consulting Group and a member of the Supervisory Board of ProSiebenSat.1, among other things. Prior to his appointment to the Supervisory Board of DEAG, Mr Hix was Managing Director of Kultur- und Kongresszentrum Jahrhunderthalle GmbH, among others. He previously worked for the investment bank Ludwig & Co. and for various family offices. He has extensive expertise with a strong partner network.

Detlef Kornett, Group CEO of DEAG: “2023 was another very successful financial year for DEAG. We are also very confident of our future growth trajectory. We are very pleased to welcome Dr Antonella Mei-Pochtler, a very successful and multi-talented manager, entrepreneur and expert, and Alexander Hix, a proven investment and financial expert, to DEAG’s Supervisory Board. They will enrich the Supervisory Board with their expertise, extensive knowledge and skills. I look forward to working with the Chairman of the Supervisory Board, Tobias Buck, and the entire Supervisory Board. At the same time, I would like to thank Wolf-Dieter Gramatke, also on behalf of the Executive Board, for his commitment and the close and trustful cooperation. We wish him all the best for the future.”

Tobias Buck, Chairman of the Board of DEAG: “I would like to thank my colleagues on the Supervisory Board for the trust they have placed in me and look forward to my new role and tasks. DEAG's growth over the past 5 years has been impressive. I look forward to working with my colleagues on the Supervisory Board to support the company's management in implementing its strategy and am very confident about the coming years."

The complete voting results and details of the Annual General Meeting are available on DEAG’s website www.deag.de in the Investor Relations section.

About DEAG

DEAG Deutsche Entertainment Aktiengesellschaft (DEAG), a leading entertainment service company and live entertainment provider, produces and promotes live events of all genres and sizes in Europe. With its group companies, DEAG has been present at 22 locations in its core markets of Germany, Great Britain, Switzerland, Ireland, Denmark and Spain. As a live entertainment service provider with an integrated business model, DEAG has extensive expertise in the conception, organisation, promotion and production of live events.

Founded in Berlin in 1978, DEAG's core business areas today comprise Rock/Pop, including Urban and Electronic Dance Music, Classics & Jazz, Family Entertainment, Spoken Word & Literary Events, Arts+Exhibitions, Ticketing and Entertainment Services. Live Entertainment for all generations, including Arts+Exhibitions, are important building blocks for the further development of DEAG's own content.

For around 6,000 events, more than 10 million tickets are sold annually for DEAG’s own and third-party content - a steadily growing share of these are sold via the Group's own ticketing platforms myticket.de, myticket.at, myticket.co.uk, gigantic.com and tickets.ie.

Investor & Public Relations           

Axel Mühlhaus, edicto GmbH                                                                                                              
Eschersheimer Landstraße 42                                                                                                                              
60322 Frankfurt/Main                                                                                                                                                  Phone: 0049 69 905505-52
e-mail: deag@edicto.de