Changes in betandwin Supervisory Board

As already announced at last year’s Annual General Meeting, as a logical consequence of changes in the ownership structure of Interactive Entertainment AG, both Carsten Koerl, founder and former Executive Board member, and Michael Tojner, venture capitalist and Executive Board member of Global Equity Partners, have resigned from their positions on the company’s Supervisory Board. Karl Liebenwein, legal advisor to former Supervisory Board chairman Michael Tojner, has also decided to step down following the latter’s resignation.

The WWP Group founded by Hartmann Weirather will be working for betandwin primarily in the areas of consulting and rights acquisition, as well as implementing sponsoring agree­ments with a focus on top international soccer, motor racing and winter sports. Due to the recently agreed collaboration between betandwin and the WWP Group, Hartmann Weirather has also elected to resign his position on the Supervisory Board so as to avoid any conflicts of interest. The existing close cooperation between Hartmann Weirather and the Executive Board of betandwin will be significantly intensified as a result of these changes. Hartmann Weirather will nevertheless retain his shares in betandwin.

For the time being the Supervisory Board of Interactive Entertainment AG will therefore be reduced from nine to five members.

Talks are currently being held with potential candidates in leading business positions with a view to offering them seats on the Supervisory Board of Interactive Entertainment AG.