DGAP-News: The Social Chain AG: Financial expert Andreas Schneider appointed new CFO of Social Chain AG

Economical qualified Andreas Schneider appointed new CFO of Social Chain AG

• The former CFO of DS Team, Andreas Schneider, is appointed CFO of Social Chain AG
• Deal with CEO Wanja S. Oberhof and time period of office extended by a even further three years
• Chief Product or service Officer Ralf Dümmel appointed Deputy Chairman of the Govt Board
• The previous CFO of Social Chain AG, Christian Senitz, has resigned from his placement for private good reasons

Berlin, 12 May possibly 2022. Andreas Schneider will be Social Chain AGs new Chief Financial Officer (CFO) from 1 June 2022. Schneider begun his job at Otto Team, where he held managerial positi- ons at a variety of destinations in Germany and abroad. Since 1999, the business enterprise economist has been liable for the regions of finance, digitalisation and logistics as CFO and Managing Director of DS Group. All through his time as a member of the administration board, earnings has increased tenfold. Given that 2021, he has been component of the administration board of Social Chain AG, where by he is also dependable for write-up-merger integration.

The new CFO is looking ahead to the responsibilities in advance: At Social Chain AG, I can properly use my skills from operational and strategic managing a great chance and a accountability that I am pleased to consider on. In Social Chain AGs dynamic ecosystem our focus in the coming quarters will be on consolidation, integration, and internationalisation, describes Andreas Schneider.

The existing CFO of Social Chain AG, Christian Senitz, is leaving the corporation on excellent phrases and will assist the easy transition in the coming months: Right after a incredibly intense and defining money calendar year for Social Chain, I am leaving Social Chain owing to private motives and on very good and friendly phrases. I am delighted that Andreas Schneider will be using around these tasks.

Chairman of the Supervisory Board Dr Georg Kofler bids farewell to Senitz with fantastic appreciation: I would like to convey my respect and appreciation to Christian Senitz for his excellent work. I would like to particularly emphasise his successes in 2021 with the IFRS conversion, the uplisting of Social Chain AG to the Primary Regular of the Frankfurt Stock Exchange and the M&A method for the acquisition of DS Team.

CEO Wanja S. Oberhofs contract prolonged, Ralf Dümmel requires on extra obligations

The CEO of Social Chain AG, Wanja S. Oberhof, has prolonged his management contract with Social Chain AG for a different three many years. The Supervisory Board has approved the extension of the term of workplace of Mr Wanja S. Oberhof by this more 3 several years. Georg Kofler: In addition to running the firm, Wanja S. Oberhof will be responsible for the places of Social Commerce and Social Media. I am confident that he will condition these main capabilities of Social Chain AG via his revolutionary spirit and entrepreneurial intuition.

Ralf Dümmel, Main Product or service Officer, is appointed Deputy Chairman of the Executive Board in addition to his latest Executive Board position. He is to combine the impressive goods and brands of the team with the development prospects of the omnichannel revenue construction. I am very delighted that Social Chain AG is positioned professionally and commercially with this board staff this is a sound and progressive foundation for our bold programs for the long term, suggests Ralf Dümmel.

With Wanja S. Oberhof, Ralf Dümmel and Andreas Schneider, the board of administrators is manufactured up of three entrepreneurial minds that productively complement just about every other individually and in their know-how: I am seeking ahead to working with my new board colleague Andreas Schneider and of class with Ralf Dümmel. We reside entrepreneurial dynamics and economic solidity and I know that Andreas Schneider is a guarantor for a sleek integration and strong financial buildings, suggests Wanja S. Oberhof, CEO of Social Chain AG.

About Andreas Schneider

About The Social Chain AG: Social Commerce at a Worldwide Scale

We are Social Commerce pioneers and social media is our market. As a property of business people, we are reshaping the globe of makes and commerce, turning wishes and strategies into products with our merged sales electrical power. We understand how to create our personal brands and merchandise into direct-to-client brands with the electricity of social media and how to industry them to particular focus on teams. We offer you our entrepreneurs and retail companions an all-round carefree bundle in-property: from our possess solution development, lawful review, production, quality assurance, promoting and interaction to logistics and everything that brand names and goods need to improve and turn out to be prosperous.

Social Chain AG presently has all-around 10,000 items in the classes of Food, Household & Residing, and Natural beauty & Health as properly as productive manufacturers this sort of as LANDMANN, the oldest German barbecue manufacturer, and KoRo in its assortment. Social Chain AG delivers the merchandise Digital initially direct to Client immediately to the shoppers properties. Additionally: Thanks to the outstanding retail network of the sales specialists, the solutions are positioned in far more than 40,000 retail stores to touch and take absent immediately.

The greatest-recognized heads of The Social Chain AG are Ralf Dümmel and Dr. Georg Kofler, equally traders of the VOX start out-up exhibit Die Höhle der Löwen. In addition to Ralf Dümmel as Main Product Officer, Andreas Schneider as Main Fiscal Officer and Wanja S. Oberhof as Main Government Officer regulate the companys business enterprise.

The corporation has its headquarters in Berlin and above 1,300 employees. Other spots are New York, Manchester, Stapelfeld near Hamburg, London, Gallin and Los Angeles. The shares of Social Chain AG (WKN: A1YC99) have been stated in the Prime Standard of the Frankfurt Inventory Exchange.

www.socialchain.com

_{The information of this push release is for information and facts applications only and does not constitute financial investment suggestions or other tips pursuant to the German Securities Investing Act by The Social Chain AG or its affiliated organizations. The information and facts supplied are unable to substitute expenditure tips. The information contained in this push launch is not to be construed as an assurance of doable selling price developments and really should not be construed as a ask for to enter into a transaction. The details contained herein does not represent an offer you to promote or the solicitation of an give to offer securities or legal rights, or a solicitation to trade in securities or legal rights. Appropriately, The Social Chain AG and its affiliates make no representations or commitments as to the accuracy, completeness or correctness of the information and facts or thoughts contained herein. We presume no liability for immediate or oblique damages triggered by and/or in connection with the distribution and/or use of this document. The statements correspond to the standing at the time of the preparation of this doc. They might turn into out of date owing to upcoming developments without the need of the doc becoming altered.}

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