CEO transition at Marley Spoon Group SE - Founder & CEO Fabian Siegel to
step down and hand over to Daniel Raab

EQS-News: Marley Spoon Group SE / Key word(s): Personnel/Personnel
CEO transition at Marley Spoon Group SE - Founder & CEO Fabian Siegel to
step down and hand over to Daniel Raab

28.06.2024 / 15:20 CET/CEST
The issuer is solely responsible for the content of this announcement.

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   CEO transition at Marley Spoon Group SE - Founder & CEO Fabian Siegel
   to step down and hand over to Daniel Raab

   "Marley Spoon" or the "Company", a global leader in meal kit delivery
   services, announced that Founder and Chief Executive Officer Fabian
   Siegel has stepped down from the position of Chief Executive Officer
   on Wednesday, 26 June 2024. The decision, made by mutual agreement,
   comes as Fabian seeks to pursue new opportunities and personal
   endeavors. On Wednesday, 26 June 2024, the Supervisory Board appointed
   Daniel Raab, the current Chief Operating Officer (COO), as its new
   Chief Executive Officer of Marley Spoon Group SE with effect as of 26
   June 2024. Furthermore, effective June 27, 2024, Ms. Nasreen
   Abduljaleel (Chief Technology and Product Officer) and Mr. Federico
   Rossi (Chief Marketing Officer) have been appointed as additional
   members of the Management Board.

   Fabian Siegel comments: "Over the last 10 years, the team at Marley
   Spoon has built an amazing business that provides access to healthy
   and delightful meals on a global scale, having served more than 260
   million meals and generated more than 1.6 billion Euros in lifetime
   net revenue. This success would not have happened without all the
   support of Marley Spoon team members, our investors, external partners
   and most importantly without the loyalty of our customers. I am
   grateful for all this support and for the opportunity to learn from
   everyone around me over the years". Fabian continues "With the
   business expected to be profitable on an Operating EBITDA level in
   2024 and with expected continued growth, now is the right time to
   transition leadership. In that regard, I am pleased to congratulate
   Daniel on moving to the role as CEO after joining the company last
   year as COO. It is still Day One for Marley Spoon, and there is a lot
   to come over the next years. I will be cheering for the continued
   success of the team from the sidelines and continue to support Marley
   Spoon."

   Christian Gisy, Chairman of the Supervisory Board: "The Board and I
   really appreciate Fabian's efforts in building and transforming the
   company into a global leader in meal kit delivery and wish him all the
   best for his future endeavors. We are very excited for Daniel to step
   up to be the CEO of Marley Spoon, who will be working alongside a
   top-notch team."

   Daniel Raab commented: "Marley Spoon is an exciting company with
   fantastic brands and a great team, which are the reasons why I have
   joined the company in October last year. I am excited for Nasreen,
   Jennifer and Federico to join me in leading the team together during
   this exciting time, and we will make our contribution to realizing our
   company's potential."
   About Marley Spoon

   Marley Spoon Group SE, is a global direct-to-consumer (DTC) meal - kit
   company. Our Vision is to "Build a better everyday, just for you, just
   right". We started Marley Spoon in 2014 to help our customers to cook
   for their families and deal with their busy lives. We also felt there
   should be a more sustainable way to cook at home, reducing food waste
   that traditional supermarket supply chains generate. Marley Spoon
   currently operates various brands in three regions: Australia, the
   United States, and Europe (Au stria, Belgium, Germany, and the
   Netherlands). Our meal-kit brands, Marley Spoon, Martha Stewart &
   Marley Spoon, and Dinnerly, bring pre-portioned fresh ingredients with
   tasty and simple recipes and other eating solutions reliably to our
   customers every week. Our customers just decide what to eat, when to
   eat, and leave behind the hassle of grocery shopping. Chefgood and
   bistroMD are our direct - to - consumer ready - to - heat (RTH)
   services that offer tasty, high-quality, healthy, and nutritious RTH
   meals and eating solutions for our wellness and health-focused
   customers.

Disclaimer

   This announcement constitutes neither an offer to sell nor a
   solicitation to buy securities. Certain statements contained in this
   release may constitute "forward-looking statements" that involve a
   number of risks and uncertainties. Forward-looking statements are
   generally identiable by the use of the words "may", "will", "should",
   "plan", "expect", "anticipate", "estimate", "believe", "intend",
   "project", "goal" or "target" or the negative of these words or other
   variations on these words or comparable terminology. Forward-looking
   statements are based on assumptions, forecasts, estimates,
   projections, opinions or plans that are inherently subject to
   signicant risks, as well as uncertainties and contingencies that are
   subject to change. No representation is made or will be made by Marley
   Spoon Group SE or any of their respective affiliates that any
   forward-looking statement will be achieved or will prove to be
   correct. The actual future business, nancial position, results of
   operations and prospects may differ materially from those projected or
   forecast in the forward-looking statements. Neither Marley Spoon Group
   SE nor any of their respective affiliates assume any obligation to
   update, and do not expect to publicly update, or publicly revise, any
   forward-looking statements or other information contained in this
   release, whether as a result of new information, future events or
   otherwise, except as otherwise required by law.

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28.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Marley Spoon Group SE
                   9 Rue de Bitbourg
                   1273 Luxembourg
                   Luxemburg
   E-mail:         ir@marleyspoon.com
   Internet:       www.marleyspoongroup.com
   ISIN:           LU2380748603, LU2380748785
   WKN:            A3C81B
   Listed:         Regulated Market in Frankfurt (General Standard);
                   Regulated Unofficial Market in Berlin, Munich,
                   Stuttgart
   EQS News ID:    1935863

End of News EQS News Service
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1935863 28.06.2024 CET/CEST