27.09.2023 07:30:08 - dpa-AFX: GNW-Adhoc: Azerion announces proposed changes to its Supervisory Board
Amsterdam, 27 September 2023 - Since the start of 2022, Azerion has seen a
period of significant transformation and growth including its listing on
Euronext Amsterdam, the completed sale of the Youda card games portfolio and the
recently announced placement of EUR 165 million of senior secured floating rate
bonds.
Following their successful stewardship throughout this period, Azerion today
announces the decision of Peter Tordoir (Chairman) and Derk Haank to step down
from Azerion's Supervisory Board. Both decisions to step down are expected to
take effect as from the date of an Extraordinary General Meeting ("EGM") to be
convened as soon as is reasonably practicable to appoint the proposed new
Supervisory Board members described below.
As Azerion prepares for the next stage of its growth plan and the business
continues to scale into becoming one of Europe's largest digital advertising and
entertainment media platforms, Azerion is delighted to welcome Zafer Karata? and
Wim de Pundert as proposed new Supervisory Board members. Further details
relating to both proposed Supervisory Board members and the arrangements for the
EGM are expected to be published shortly. A new Chairperson will be appointed by
the Supervisory Board in due course.
Commenting on the proposed changes, Umut Akpinar, CEO Azerion said "I would like
to take this opportunity to thank Peter Tordoir and Derk Haank for their
invaluable contribution to the success of Azerion and, in particular, during its
initial phase as a listed company. We will be pleased to welcome Zafer Karata?
and Wim de Pundert as new Supervisory Board members bringing additional
commercial, industry and capital markets experience to the Board."
Background on proposed new Supervisory Board members
Zafer Karata? brings extensive experience in Business Management, M&A,
Reorganizations and Financial Audit. He is currently Chairman of the Board of
technology company MeritGrup and a Supervisory board member of DVA Bilisim and
Most Teknoloji.
Wim de Pundert has been active as an investor and entrepreneur since the early
1990s, including through the use of buy and build and market consolidation
strategies. De Pundert founded HTP Investments, a shareholder of Azerion,
together with Klaas Meertens. He is also a member of the supervisory board of
Knaus Tabbert AG, a European manufacturer of caravans and mobile homes listed on
the Frankfurt Stock Exchange.
About Azerion
Founded in 2014, Azerion (EURONEXT: AZRN) is one of Europe's largest digital
advertising and entertainment media platforms. We bring global scaled audiences
to advertisers in an easy and cost-effective way, delivered through our
proprietary technology, in a safe, engaging, and high quality environment,
utilizing our strategic portfolio of owned and operated content with
entertainment and other digital publishing partners.
Having its roots in Europe and with its headquarters in Amsterdam, Azerion has
commercial teams based in over 26 cities around the world to closely support our
clients and partners to find and execute creative ways to make a real impact
through advertising.
For more information visit: www.azerion.com
Contact:
Investor Relations
ir@azerion.com
Media
press@azerion.com
This communication contains information that qualifies as inside information
within the meaning of Article 7(1) of the EU Market Abuse Regulation.
Â