EQS-Adhoc: Deutsche Post AG takes principal decision to modernize the group's structure in the context of Strategy 2030

Ad hoc: Deutsche Post AG takes principal decision to modernize the group's structure in the context of Strategy 2030

23/09/2024

Disclosure of inside information pursuant to Article 17 MAR

The management board of Deutsche Post AG has launched its strategic framework for the second half of the decade. With "Strategy 2030 – Accelerate Sustainable Growth" the company strives for 50% revenue growth by 2030 compared to 2023. DHL Group aims to unlock its full growth potential through divisional and Group growth initiatives.

To reduce complexity and support its growth agenda, DHL Group aims to align its complex legal structure with its proven management structure. While the company's management structure with its five divisions – Express, Global Forwarding/Freight, Supply Chain, eCommerce and Post & Parcel Germany – is simple and clear, the underlying legal structure is much more complex and partially overlapping. The alignment intends to reduce complexity and create a more flexible and agile set-up.

The simplification includes establishing Post & Parcel Germany and eCommerce as standalone corporate entities comparable to all other entities. The name "Deutsche Post AG" will continue to be used for the Post & Parcel Germany activities. This technical measure is not intended to bring any change in substance to the group's portfolio, wage and protection agreements, management responsibilities or other legal commitments and will take about one to two years to be implemented.

The supervisory board supports the further pursuit of this plan.

A comprehensive introduction of Strategy 2030 and subsequent steps is planned for September 24th, 2024 and can be followed via Capital Markets Events - DHL Group.

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Contact:
Martin Ziegenbalg
EVP Investor Relations
Tel: +49 (0)228-189-63000