New at Scout24: Jesko Schäfermann appointed Vice President People, Organization & Culture

Berlin/Munich, February 01, 2018 –

Jesko Schäfermann (41) has been appointed Vice President People, Organization & Culture with immediate effect, with overall responsibility for the HR Division of Scout24 AG. The corporate group includes the leading digital market places, ImmobilienScout24 and AutoScout24, with over 1,000 employees in nine European countries. In this newly created role, Jesko Schäfermann reports to Michael Bütter, Managing Director of ImmobilienScout24 and Member of the Scout24 AG Management Board.

"We're delighted that Jesko Schäfermann, an experienced HR expert, is joining Scout24 AG. His many years' experience of HR management in an international and digital context make him the ideal candidate," says Michael Bütter.

In his new role, Jesko Schäfermann will focus in particular on HR operational excellence throughout the Scout Group, including Scout24's European business units.

Jesko Schäfermann is a lawyer and has come from The Boston Consulting Group, where he was responsible for the HR Division in Germany and Austria since 2010. From 2013, he was also responsible for its Regional HR Departments in various international markets within the Global People Team, with around 2,000 staff.

About Scout24

With our leading digital marketplaces, ImmobilienScout24 and AutoScout24, in Germany and across Europe we are inspiring people to make their best decisions on finding a home and a car. More than 1,000 employees are working on the success of our products and services, putting the consumers' needs first in order to create a connected network for living and mobility. Scout24 AG is listed on the Frankfurt Stock Exchange (ISIN: DE000A12DM80, G24). For further information, please visit www.scout24.com, our Corporate Blog and Tech Blog, or follow us on Twitter and LinkedIn.

Contact person for media relations

Theresa Krohn
Senior PR & Communications Manager
Tel.: +49 30 243 01 1422
E-mail: [email protected]

 Disclaimer:

All information contained in this document has been carefully prepared. However, no liability of any kind will be accepted for the information contained in this document or for its completeness. No representation or warranty, express or implied, is given by or on behalf of the Company or any of its directors, officers or employees or any other person as to the accuracy and/or completeness of the information contained in this document and no liability whatsoever is accepted for any loss or damage arising directly or indirectly from the use of this information or opinions otherwise arising in connection therewith.

The information contained in this release is subject to amendment, revision and updating at any time. Certain statements in this document are forward-looking and reflect the Company's or senior management’s current expectations and projections about future events. By their nature, such forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results, including the company's financial situation and profitability, to differ materially from and even be more negative than what has been expressly or implicitly implied or described by these statements. Statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company is under no obligation whatsoever to update or revise any information contained in this press release (including forward-looking statements), whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this document.

Scout24 also uses alternative performance measures, not defined by IFRS, to explain its earnings indicators. These should not be viewed in isolation, but treated as supplementary information. The special items used to calculate some alternative performance measures arise from the integration of acquired businesses, restructuring measures, impairments, gains or losses resulting from divestitures and sales of shareholdings, as well as other expenses and income that generally do not arise in conjunction with Scout24’s ordinary business activities. Alternative performance measures used by Scout24 are defined in the "Glossary" section of Scout24's Annual Report 2016 which is publicly available at www.scout24.com/financial-reports.

Due to rounding, it is possible that the totals of the individual items published in this report may differ from the totals quoted and, for that reason, percentages may not reflect the exact development of the absolute numbers.