Annual General Meeting approves all resolution proposal by a large majority

EQS-News: Scout24 SE / Key word(s): AGM/EGM
Annual General Meeting approves all resolution proposal by a large majority

05.06.2024 / 13:36 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Scout24 SE: Annual General Meeting approves all resolution proposal by a
large majority

* 20% increased dividend of EUR 1.20 per share

  * Entire Supervisory Board newly elected - Andrea Euenheim joins as new
    member

* Renewed authorization for further share buybacks

Munich / Berlin, 5 June 2024

The Annual General Meeting of Scout24 SE, which took place today in Munich,
approved all resolutions proposed by the administrative bodies by a large
majority. In total, 81.33% of the voting share capital of Scout24 SE was
represented. The most important items on the agenda included the vote on the
20% increase in the dividend to EUR 1.20 per share, the election of all
Supervisory Board members for the next regular term of office and the
renewed authorization for further share buybacks.

Andrea Euenheim was elected as a new member of the Supervisory Board. She
succeeds Dr Elke Frank, who was not available for reelection. The other five
Supervisory Board members, including the current Chairman of the Supervisory
Board, Dr Hans-Holger Albrecht, Frank H. Lutz, Maya Miteva, Sohaila Ouffata
and André Schwämmlein, were re-elected for a period of four years. The
proportion of women on the Supervisory Board of Scout24 SE thus remains
unchanged at 50%. Andrea Euenheim is a proven HR expert with many years of
experience in listed US and German companies. She currently works as a
consultant for HR strategy and corporate management. Andrea Euenheim also
has extensive expertise in global mergers and acquisitions (M&A) and scaling
of fast-growing technology companies. At the constituent meeting of the
Supervisory Board following the Annual General Meeting, Dr Hans-Holger
Albrecht was re-elected as Chairman of the Supervisory Board.

The Annual General Meeting also granted discharge to the members of the
Management Board and Supervisory Board for the 2023 financial year and
approved the submitted remuneration report.

In his speech, CEO Tobias Hartmann reported on the strategic development of
the successful three-sided marketplace and the extensive product portfolio
for all market participants. "When we talk about the need for digitization
of real estate, we are at the forefront of driving the continued
transformation. ImmoScout24 was founded to bring listings to the internet.
Today, we are a digital market network with tailored services for seekers,
homeowners and agents. In the current market environment, agents are more
relevant than ever: They provide transparency and orientation to homeowners
and seekers, and we are fully committed to their future success."

In his speech, Dr Dirk Schmelzer, CFO of Scout24 SE, explained the
persistently successful financial and economic development of the Group. He
showed how the high-performance product portfolio and operating leverage are
driving particularly the profitability in all three business segments. This
is reflected in growing margins, rising earnings per share and increasing
dividends. He also addressed the topic of sustainability. "After the
important investment year 2022, we have returned to the path of increasing
profitability as planned. We want to continue this development in the coming
years. 2023 was a very successful financial year for Scout24 with
double-digit growth rates in revenue and earnings. And the ordinary
operating EBITDA margin has also shown significant growth since the fourth
quarter of 2022."

Dr Hans-Holger Albrecht, Chairman of the Supervisory Board, summed up the
new election of the Supervisory Board: "The very good development of Scout24
is a joint achievement of the Management Board, the Supervisory Board and
the entire workforce. Each individual member of the Supervisory Board is
committed to Scout24 in a special way. The intensive and constructive
cooperation in the Supervisory Board as a whole and in its committees is an
expression of this commitment. Dr Elke Frank has decided not to stand for a
further term of office for professional reasons. I would like to take this
opportunity to thank her warmly once again for her commitment over the past
few years. We are delighted to have found a successor in Andrea Euenheim,
who will also complement the existing expertise in the Supervisory Board. We
would like to express our gratitude for the renewed confidence in us to
continue to develop Scout24 successfully together with the Management Board
within the coming years - for customers, employees and shareholders."

The detailed voting results and additional material on the Annual General
Meeting are available on the Scout24 SE website at
https://www.scout24.com/en/investor-relations/annual-general-meeting.

About Scout24

Scout24 is one of the leading digital companies in Germany. With the digital
marketplace ImmoScout24, for residential and commercial real estate, we
successfully bring together homeowners, real estate agents, tenants, and
buyers - and we have been doing so for 25 years. With more than 19 million
users per month on the website or in the app, ImmoScout24 is the market
leader for digital real estate listing and search. To digitize the process
of real estate transactions, ImmoScout24 is continually developing new
products and building up an ecosystem for renting, buying, and commercial
real estate in Germany and Austria. Scout24 is a listed stock corporation
(ISIN: DE000A12DM80, Ticker: G24) and member of the MDAX and the DAX50 ESG.
Further information is available on LinkedIn. Since 2012, ImmoScout24 has
also been active in the Austrian real estate market.


Contact for Investor Relations
Filip Lindvall
Vice President Group Strategy & Investor Relations
Tel.: +49 30 24301 1917
E-Mail: ir@scout24.com

Contact for media
Viktoria Götte
Senior Manager Corporate Communications
Tel.: +49 89 262024943
E-Mail: mediarelations@scout24.com

Disclaimer

All information contained in this release has been carefully prepared.
However, no liability of any kind is assumed for the information contained
herein and/or 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 or completeness
of the information or opinions contained in this document and no liability
whatsoever is accepted by the Company or any of its directors, officers or
employees nor any other person for any loss howsoever arising, directly or
indirectly, from any use of such information or opinions or otherwise
arising in connection therewith.

The information contained in this release is subject to amendment, revision
and updating. Certain statements, beliefs and opinions in this document are
forward-looking, which reflect the Company's or, as appropriate, senior
management's current expectations and projections about future events. By
their nature, forward-looking statements involve a number of risks,
uncertainties, assumptions and other factors that could cause actual
results, including but not limited to the Company's financial position or
profitability, to differ materially, also adversely, from those expressed or
implied by the forward-looking 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 does not undertake any obligation to update or revise any
information contained in this document (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 press release.

Scout24 also uses alternative performance measures, not defined by IFRS, to
describe the Scout24 Group's results of operations. These should not be
viewed in isolation but treated as supplementary information. Alternative
performance measures used by Scout24 are defined in the corresponding place
in the financial reports. The special items used to calculate some
alternative performance measures arise from the integration of acquired
businesses, reorganisation measures, impairment losses, gains or losses on
sale resulting from divestitures and the sale of shareholdings, and other
expenses and income that generally do not arise in conjunction with
Scout24's ordinary business activities.

Due to rounding, numbers presented throughout this release may not add up
precisely to the totals indicated, and percentages may not precisely reflect
the absolute figures for the same reason.


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05.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        Scout24 SE
                   Invalidenstraße 65
                   10557 Berlin
                   Germany
   E-mail:         ir@scout24.com
   Internet:       www.scout24.com
   ISIN:           DE000A12DM80
   WKN:            A12DM8
   Indices:        MDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1918787

End of News EQS News Service
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1918787 05.06.2024 CET/CEST