Maintal, November 13, 2017. After completion of the step-by-step acquisition of 1&1 Telecommunication SE by Drillisch AG, the Drillisch AG supervisory board at its meeting today elected Mr. Michael Scheeren as its new chairman. This had already been agreed between the company and United Internet AG in the Business Combination Agreement of May 12, 2017 and set out in the Joint Opinion of the management board and the supervisory board under Section 27 of the German Securities Acquisition and Takeover Act and in the voluntary public tender offer submitted by United Internet AG.

Mr. Scheeren had earlier been appointed to the supervisory board of Drillisch AG under an order issued by the Hanau Local Court on October 16, 2017, and he has now taken over the chairmanship in the supervisory board of Drillisch AG from Mr. Marc Brucherseifer who served as chairman since 2011, in which role he was closely involved in the recent acquisition of 1&1 Telecommunication SE.

Mr. Kai-Uwe Ricke, who had also been appointed to the supervisory board under the order issued by the Hanau Local Court on October 16, 2017, was elected deputy chairman of the Drillisch AG supervisory board.