Verve Appoints Alex Stil as Chief Commercial Officer to Lead the Strategic
Expansion of its Demand-Side Business

   Verve Appoints Alex Stil as Chief Commercial Officer to Lead the
   Strategic Expansion of its Demand-Side Business

   
   Verve Group SE ("Verve" or the "Company", ISIN: SE0018538068;
   ticker: VER / M8G) is pleased to announce the appointment of Alex
   Stil as its new Chief Commercial Officer who will lead the
   expansion of the demand side business. Alex brings extensive
   experience in digital media, brand management and agency
   ecosystems, positioning him as a pivotal addition to Verve's
   leadership team.

   Alex's career spans as a serial digital entrepreneur and a
   results-driven business leader, with notable achievements in
   digital media and ad technology. At GroupM, as President of
   GroupM Services EMEA, he managed 2,500+ people and led digital
   activation across 40 markets for brands such as Unilever, Nike,
   Google, Ford and Vodafone, achieving amongst others significant
   40%+ growth in billings in a challenging Covid19 period.

   His leadership in transforming large-scale organizations and
   fostering enterprise-scale services will be instrumental in
   advancing Verve's demand-side business, particularly following
   the recent acquisition of Jun Group, which significantly expanded
   Verve's demand-side capabilities.

   Alex's responsibilities include streamlining Verve's product
   portfolio by managing the company's DSP, unique supply and data,
   curated deals, cookie less solutions, and creative services. In
   line with our mission 'let's make media better' Alex will focus
   on delivering clear and consistent solutions tailored
   specifically for agencies and brands, thereby enabling better
   advertising outcomes.

   Next to product enhancement, Alex will also prioritize enhancing
   client experiences to foster long-term loyalty and maximize
   client satisfaction. This involves refining onboarding processes,
   improving customer support, and implementing proactive engagement
   strategies.

   Furthermore, Alex will spearhead initiatives to expand Verve's
   market presence, including identifying new markets, nurturing
   high-value prospects, and boosting brand visibility through
   targeted campaigns and active industry engagement.

   The Verve management team now consists of Remco Westermann (Chief
   Executive Officer), Paul Echt (Chief Financial Officer), Jens
   Knauber (Chief Operating Officer), Sameer Sondhi (Chief Revenue
   Officer and Chief Executive Officer Ad-Tech) and Alex Stil (Chief
   Commercial Officer).

Alex Stil, CCO, Verve

   "Joining Verve represents an exciting opportunity to contribute
   to a company dedicated to enable better outcomes for its clients
   through responsible advertising solutions in emerging channels.
   With a deep background in media agencies and extensive
   international experience, including collaborations with leading
   brands, I am eager to leverage my expertise to elevate Verve's
   ability to meet and exceed client expectations. I look forward to
   joining this strong and dedicated team to drive meaningful change
   in the media landscape by delivering tailored solutions that
   truly resonate with our clients' needs"

Remco Westermann, CEO, Verve

   "In the past few years, we have built a leading digital
   advertising platform that combines reach, supply quality and AI
   driven highly efficient targeting technology. While we have an
   especially strong position in emerging channels on the supply and
   publisher side, we also announced our plans to leverage this
   foundation and grow our direct business with brands and agencies.
   We are aiming to drive better outcomes for advertisers and
   publishers by reducing the gap between advertisers and publishers
   and increasing efficiency for both. Since the beginning of the
   year, we have further strengthened our sales team, launched our
   unified Verve brand with refined positioning, and most recently
   acquired Jun Group, increasing our share of demand-side business
   to 30%. Alex has advised us as an external expert throughout this
   process, and I'm excited that he'll now be leading the way as CCO
   of Verve Group. With his experience and proven expertise in this
   area, I am confident that we will continue to excel and drive
   further growth for Verve Group.

Responsible parties

   The information in this release has been made public through the
   agency of the responsible persons set out below for publication
   at the time stated by Verve's news distributor EQS Newswire at
   the publication of this release. The responsible persons below
   may be contacted for further information.

For further information, please contact:

   Sören Barz
   Head of Investor Relations
   +49 170 376 9571
   soeren.barz@verve.com
   www.investors.verve.com

About Verve

   Verve ("Verve" or the "Company", ISIN: SE0018538068; ticker: VER
   / M8G) is a fast-growing, profitable digital media company that
   provides AI-driven ad-software solutions. Verve matches global
   advertiser demand with publisher ad-supply, enhancing results
   through first-party data from its own content. Aligned with our
   mission, "Let's make media better," the company focuses on
   enabling better outcomes for brands, agencies, and publishers
   with responsible advertising solutions, with an emphasis on
   emerging media channels. Verve's main operational presence is in
   North America and Europe, and it is registered as a Societas
   Europaea in Sweden (registration number 517100-0143). Its shares
   are listed on the Nasdaq First North Premier Growth Market in
   Stockholm and the Scale segment of the Frankfurt Stock Exchange.
   The company has three secured bonds listed on Nasdaq Stockholm
   and the Frankfurt Stock Exchange Open Market. Verve's certified
   advisor on the Nasdaq First North Premier Growth Market is FNCA
   Sweden AB; contact info: info@fnca.se.

Forward-looking statements

   This release contains forward-looking statements that reflect the
   Company's intentions, beliefs, or current expectations about and
   targets for the Company's and the group's future results of
   operations, financial condition, liquidity, performance,
   prospects, anticipated growth, strategies and opportunities and
   the markets in which the Company and the group operates.
   Forward-looking statements are statements that are not historical
   facts and may be identified by words such as "believe", "expect",
   "anticipate", "intend", "may", "plan", "estimate", "will",
   "should", "could", "aim" or "might", or, in each case, their
   negative, or similar expressions. The forward-looking statements
   in this release, including the pro-forma financial figures
   addressed therein, are based upon various assumptions, many of
   which are based, in turn, upon further assumptions. Although the
   Company believes that the expectations reflected in these
   forward-looking statements and pro-forma financial numbers are
   reasonable it can give no assurances that they will materialize
   or prove to be correct. Because these statements are based on
   assumptions or estimates and are subject to risks and
   uncertainties, the actual results or outcome could differ
   materially from those set out in the forward-looking statements
   as a result of many factors. Such risks, uncertainties,
   contingencies and other important factors could cause actual
   events to differ materially from the expectations expressed or
   implied in this release by such forward-looking statements. The
   Company does not guarantee that the assumptions underlying the
   forward-looking statements in this release (including the
   pro-forma financial figures) are free from errors and readers of
   this release should not place undue reliance on the
   forward-looking statements in this release. The information,
   opinions and forward-looking statements that are expressly or
   implicitly contained herein speak only as of its date and are
   subject to change without notice. Neither the Company nor anyone
   else undertake to review, update, confirm or to release publicly
   any revisions to any forward-looking statements to reflect events
   that occur or circumstances that arise in relation to the content
   of this release, unless it is so required by law or applicable
   stock exchange rules.

1939173 03.07.2024 CET/CEST