EQS-News

tonies SE proposes five existing Supervisory Board members for re-election by the Annual General Meeting and plans to change its composition.

EQS-News: tonies SE / Key word(s): Personnel tonies SE proposes five existing Supervisory Board members for re-election by the Annual General Meeting and plans to change its composition. 30.04.2024 / 18:00 CET/CEST The issuer is solely responsible for the content of this announcement. tonies SE proposes five existing Supervisory Board members for re-election by the Annual General Meeting and plans to change its composition.

• tonies SE proposes five existing members for re-election by the upcoming Annual General Meeting
• Anna Dimitrova steps down as Chairwoman and hands over to current Vice Chairman Christian Bailly
• Dr. Thilo Fleck steps down as Supervisory Board member

LUXEMBOURG, 30 April 2024 // tonies SE ("tonies"), the leading international digital audio platform for children with the award-winning Toniebox, 24 April 2024 sent out the invitation to this year's Annual General Meeting on May 29, 2024, and proposes re-election of five of its existing members. Simultaneously, tonies announced that Anna Dimitrova, Chairwoman of tonies SE's Supervisory Board, has decided not to stand for re-election to the company's Supervisory Board.

Dimitrova commented on her decision: "In the last two and a half years I was very privileged to serve tonies as the first Chairwoman of the Supervisory Board. Right from the start of my mandate external crises and geopolitical shocks created a number of headwinds for the young and newly listed company. And yet we recorded strong revenue growth leading to the company becoming profitable in 2023 and paving the way to be cash positive in 2024. In parallel, we enabled the transition from the founders to the new CEO, Tobias Wann. In this backdrop, I have decided that now is the time for me to move on. While it is with a heavy heart that I step down from this role, I am confident that our new CEO and an experienced Supervisory Board, the company is in an excellent strategic position and poised for continued success and growth. I also learnt something for life: As long as you can continuously amaze children you can outlast all challenges."