Martin Korbmacher to Resign as Chairman of flatexDEGIRO AG Supervisory Board

Martin Korbmacher, the current Chairman of the Supervisory Board at flatexDEGIRO AG, has announced his resignation effective March 27, 2025. This decision arrives ahead of the regular expiry of his mandate post the 2025 Annual General Meeting. The search for his successor, initiated in 2024, is progressing well. The company plans to propose a candidate for election at the Annual General Meeting scheduled for June 2, 2025.

Meanwhile, flatexDEGIRO AG is involved in a legal proceeding with the Regional Court of Frankfurt am Main. The case concerns a prior decision to dismiss a Supervisory Board member, Mr. Korbmacher. Both parties intend to resolve this matter through settlement soon. The ongoing court case and leadership changes are pivotal developments for the company this year.