DGAP-News

PANTALEON Entertainment AG Annual General Meeting

DGAP-News: PANTALEON Entertainment AG / Key word(s): AGM/EGM
PANTALEON Entertainment AG Annual General Meeting

29.07.2016 / 18:44
The issuer is solely responsible for the content of this announcement.

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PANTALEON Entertainment AG Annual General Meeting

- All management proposals passed with large majority
- Changes on the Supervisory Board
- Video-on-demand (VoD) platform "PANTAFLIX" successfully launched

Kronberg im Taunus, July 29, 2016 - PANTALEON Entertainment AG (XETRA: PAL,
ISIN: DE000A12UPJ7), listed on Frankfurt Stock Exchange's Entry Standard,
held its Annual General Meeting July 28, 2016, in Kronberg im Taunus with
83.35 percent of the share capital represented. The shareholders expressed
satisfaction with the results of the 2015 fiscal year and formally approved
the actions of the Executive and the Supervisory Boards with 100 percent of
votes. All management proposals were accepted with large majorities, mostly
unanimously.

The AGM agenda included the election of a new Supervisory Board member
since co-founder and Supervisory Board chairman Marco Beckmann resigned
from the board effective with the end of the AGM in order to assume
executive duties for the company. In future, Beckmann will handle the
international strategic development of the group, especially focusing on
the United States of America, and remain in a key position at PANTALEON
Entertainment. The Supervisory and Executive Boards thanked Marco Beckmann
for his outstanding work on the company's controlling committee.

"Marco Beckmann's experience and his excellent network, especially in
Silicon Valley, opens many new doors with enormous po tential for our
dynamically growing business group," says PANTALEON Entertainment CEO Dan
Maag. "I'm looking forward to our continued close teamwork, especially
being able to employ his considerable talents to strategically grow the
PANTAFLIX footprint in Silicon Valley."

At the proposal of the Supervisory Board the Annual General Meeting newly
elected Marc Schönberger to the Supervisory Board of PANTALEON
Entertainment AG. Schönberger is an attorney and has been a partner in law
and notary firm Schönberger & Dielmann for many years. With Marc
Schönberger, PANTALEON gains a highly experienced industry expert, who will
serve the Supervisory Board extremely well, especially with his know-how
regarding intellectual property, entertainment, and IT law.

In the following constituent meeting of the new Supervisory Board, Mathis
Schultz was elected chairman. The PANTALEON Entertainment AG Supervisory
Board now consists of the three following members: Mathis Schultz