Zalando SE to repurchase 50.000 own shares for approximately EUR 1.8 million for employee incentive programs

BERLIN, 2015-12-10 — /EPR Retail News/ — The management board of Zalando SE today announced the decision to repurchase 50.000 own shares over the stock market for a total purchase price of approximately EUR 1.8 million (estimate based on the most recent closing price) for the sole purpose of using the shares for employee incentive programs. The repurchases will occur from 8 December 2015 over the next weeks.

NOTES TO EDITORS

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 131 million visits per month. In the third quarter of 2015, around 59 per cent of traffic came from mobile devices, resulting in close to 17.2 million active customers by the end of the quarter.

CONTACT ZALANDO
René Gribnitz
Vice President Communications
rene.gribnitz@zalando.de
+49 30 20968 2022

SOURCE: ZALANDO