DGAP-News: Lotto24 AG

DGAP-News: Lotto24 AG: new seat on the board for IT - Supervisory Board appoints Kai Hannemann to Executive Board

DGAP-News: LOTTO24 AG / Key word(s): Change of Personnel LOTTO24 AG: new seat on the board for IT - Supervisory Board appoints Kai Hannemann to Executive Board

23.06.2016 / 09:00 The issuer is solely responsible for the content of this announcement.

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Lotto24 AG: new seat on the board for IT - Supervisory Board appoints Kai Hannemann to Executive Board

Hamburg, 23 June 2016 - The Supervisory Board of Lotto24 AG, the leading online provider of state-licensed lotteries, has appointed Kai Hannemann, Chief Information Officer (CIO), as a member of the company's Executive Board with effect from 1 July 2016. In this position, Kai Hannemann will head the departments IT Strategy, IT Systems, IT Processes and IT Operations. In addition, he will be responsible for the business field B2G (Business-to-Government) as well as Process and Innovation Management. Together with Kai Hannemann, the Executive Board comprises the Chief Executive Officer Petra von Strombeck and the Chief Financial Officer Magnus von Zitzewitz.

The 51-year-old native of Bremen, Germany, has over 25 years of experience in software development, planning, developing and implementing complex IT systems, as well as managing companies in the IT sector. After studying computer sciences at the University of Bremen, he specialized in IT for the tourist industry with a focus on flight systems. In his last position, he was Managing Director of Partner Solutions GmbH in Bremen before joining Lotto24 in February 2014. He has since set up the entire IT organisation and IT infrastructure, whose highly scalable technology guarantees further growth in user figures and the continuous expansion of the company's product range.

"Over the last two years, Kai Hannemann has done a fantastic job for us. Lotto24's IT is now one of the most powerful in the online lottery segment. It provides the basis for the further expansion of our market leadership and enables us to handle fast customer growth - Lotto24 already has over one million registered customers. The creation of a new seat on the board underlines the importance of IT for the continued success of our company," states Prof. Willi Berchtold, Chairman of the Supervisory Board of Lotto24 AG.

About Lotto24 AG: Lotto24 AG is Germany's leading online provider of state- licensed lotteries (www.lotto24.de). Lotto24 brokers customer tickets to the state-owned lottery companies of Germany's federal states, for which it receives a commission. The product range includes »Lotto 6aus49«, »Spiel 77«, »Super 6«, »EuroJackpot«, »GlücksSpirale«, lotto clubs and »Keno«. Following its foundation in 2010 and IPO in 2012 on the Frankfurt Stock Exchange (Prime Standard), Lotto24 is now the market leader and well ahead of its competitors. As a fast-growing company with a strong service and customer orientation, it aims to provide its customers online as well as mobile with the most convenient, secure and modern game experience possible.



Press contact:

Lotto24 AG

Vanina Hoffmann

Manager Investor & Public Relations

Tel.: +49 (0) 40 / 82 22 39 - 501

E-mail: vanina.hoffmann@lotto24.de

Internet: www.lotto24-ag.de

www.lotto24.de

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23.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language: English Company: LOTTO24 AG Straßenbahnring 11 20251 Hamburg Germany Phone: +49 (0)40 8 222 39 0 Fax: +49 (0)40 8 222 39 70 E-mail: ir@lotto24.de Internet: www.lotto24-ag.de ISIN: DE000LTT0243 WKN: LTT024 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of News DGAP News Service ---------------------------------------------------------------------------

473511 23.06.2016