Negotiations regarding a potential sale of Delivery Hero SE’s foodpanda business in selected markets in Southeast Asia are ongoing

AD-HOC RELEASE

Updated disclosure of inside information under Article 17 of Regulation (EU) No 596/2014 on market abuse (Market Abuse Regulation - MAR)

Negotiations regarding a potential sale of Delivery Hero SE’s foodpanda business in selected markets in Southeast Asia are ongoing

Berlin, 2 February 2024 - On September 20, 2023, Delivery Hero SE (“Delivery Hero” or the “Company”, ISIN: DE000A2E4K43, Frankfurt Stock Exchange: DHER) had confirmed negotiations regarding a potential sale of its foodpanda business in selected Southeast Asian markets covering Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmar and Laos (“Potential Sale”).

There are market rumors that the negotiations for the Potential Sale have collapsed. We confirm that the negotiations for the Potential Sale are ongoing, and, thus, the rumors are false.

In any event, if an agreement is reached, approval of the Supervisory Board, which is still outstanding, will need to be obtained for execution of any definitive agreement. If signed, the transaction is expected to be subject to certain conditions including obtaining the necessary regulatory approvals in the relevant jurisdictions.

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Disclaimer

This release may contain forward looking statements, estimates, opinions and projections with respect to anticipated future performance of Delivery Hero SE ("forward-looking statements"). These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes," "estimates," "anticipates," "expects," "intends," "may," "will" or "should" or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current views, expectations and assumptions of the management of Delivery Hero SE and involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Any forward-looking statements included herein only speak as at the date of this release. We undertake no obligation, and do not expect to publicly update, or publicly revise, any of the information, forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information, future events or otherwise. We accept no liability whatsoever in respect of the achievement of such forward-looking statements and assumptions.

Contact:
Christoph Bast
Head of Investor Relations