Report from DDM Holding AG’s 2014 EGM: Two new board members appointed

DDM Holding AG (First North: DDM), a multinational investor and manager of distressed assets, on Wednesday 12 November 2014 held an Extraordinary Shareholders’ Meeting, chaired by Kent Hansson.

The Shareholders’ meeting resolved to appoint Messrs. Torgny Hellström and Savvas Liasis as members of the DDM Holding AG Board of Directors.

Mr. Hellström is founder and senior management consultant at Ruddex International AB. He has more than 25 years global executive experience, including positions as CEO, COO and general counsel of public IT company and executive legal positions in large cap companies. He is chairman of the Board of Precise Biometrics (Nasdaq Stockholm: PREC) and previous assignments includes CEO and other management positions at Anoto Group (Nasdaq Stockholm: ANOT).

Mr. Hellström holds a master of Law at Stockholm University and IBM Executive Education with Thunderbird (University of Phoenix). He is independent of the company and major shareholders.

Mr. Liasis has 18 years of institutional investment experience and was the founder and CEO of Easybroker International Ltd, based in London. He is Managing Partner and a member of the Elements Capital Investment Committee. He also holds the position of chairman of the board of directors for Alpen Invest management company that manages a large mutual fund in Slovenia. Alpen Invest is one of DDM Holding’s ten largest shareholders.

Mr. Liasis holds a bachelor of arts (Hons) in Politics with Economics and studied for an MSc from City University Business School, London. Mr Liaisis is representing Alpen Invest, a major shareholder of DDM Holding AG.

“We are pleased to welcome two very experienced members to our board of directors,” said Kent Hansson, DDM Holding AG chairman. “Their track record from growth companies, board experience and extensive network will bring valuable addition to DDM Holding.”

In addition to Torgny Hellström and Savvas Liasis, DDM Holding AG’s board of directors consists of Kent Hansson, chairman, Manuel Vogel, and Fredrik Waker.

Additional information about the shareholder meetings is available from DDM’s website.

For more information, please visit DDM’s website at www.ddm-group.ch or contact:

Anders Antonsson, Investor Relations
Mail: a.antonsson@ddm-group.ch | Tel: 46 8 4080 9030

DDM Holding AG (Nasdaq OMX First North: DDM) is a multinational investor and manager of distressed assets. Since 2007, the DDM Group has built a successful platform in Eastern Europe, with over 2 million receivables in nominal value over EUR 1.4 billion. DDM Treasury Sweden AB (publ) (NGM: DDM1) is a subsidiary wholly owned by DDM Holding AG. Pareto Securities is DDM Holding AG’s Certified Adviser.

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DDM Holding AG (First North: DDM) is a multinational investor in and manager of distressed assets, offering the prospect of attractive returns from the expanding Southern, Central and Eastern Europe market. Since 2007, the DDM Group has built a successful platform in Southern, Central and Eastern Europe, and has acquired 2.3 million receivables with a nominal value of over EUR 3.5 billion. For sellers (banks and financial institutions), management of portfolios of distressed assets is a sensitive issue as it concerns the relationship with their customers. For these sellers, it is therefore critical that the acquirer handles the underlying individual debtors professionally, ethically and with respect. DDM has longstanding relations with sellers of distressed assets, based on trust and the Company’s status as a credible acquirer. The banking sector in Southern, Central and Eastern Europe is subject to increasingly stricter capital ratio requirements resulting in distressed assets being more expensive for banks to keep on their balance sheets. As a result, banks are increasingly looking to divest portfolios of distressed and other non-core assets. DDM Holding AG, the Parent Company, is a company incorporated and domiciled in Baar, Switzerland and listed on Nasdaq First North in Stockholm, Sweden, since August 2014.

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