SWM Treuhand AG: Action for cancellation of resolutions of the Annual General Meeting of elumeo SE dated

München (pta031/26.06.2019/16:36 UTC+2) Action for cancellation of resolutions of the Annual General Meeting of elumeo SE dated December 12, 2018:
Appointment date for the hearing on 2 August 2019

At the Extraordinary General Meeting on 12 December 2018 of elumeo SE, the chairman of the meeting, Mr. Wolfgang Boyé, did not approve Ottoman Strategy Holdings (Suisse) SA to attend the Annual General Meeting and thus the exercising of voting rights of Ottoman Strategy Holdings (Suisse) SA at elumeo SE excluding approximately 26.23% of the share capital, from voting.

On January 14, 2019, Ottoman Strategy Holdings (Suisse) SA filed an action for cancellation with the Berlin Regional Court.

The court has set the date for the hearing on August 2, 2019.

The lawsuit is directed i.a. against the resolutions of the Annual General Meeting, which amended the composition of the Board of Directors of elumeo SE without taking into account the votes of Ottoman Strategy Holdings (Suisse) SA.

Given the catastrophic economic development of elumeo SE in 2018 - confirmed by the recently published consolidated figures - Ottoman Strategy Holdings (Suisse) SA had called for the Extraordinary General Meeting to be dealt with in order to remedy the economic shortcomings of the Annual General Meeting and to restart the business in order to enable elumeo SE under a new line.

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