DGAP-News: Zalando SE / Key word(s): Preliminary Results/Quarter Results Trading update: Zalando achieves best ever first quarter result 16.04.2015 / 00:15 --------------------------------------------------------------------- Trading update: Zalando achieves best ever first quarter result - Revenues of EUR 635-648 million, growth of 27-29 per cent - Expects adjusted EBIT of EUR 25-39 million (adjusted EBIT margin of 4-6 per cent) - Results boosted by strong start into spring/summer season Berlin, 16 April 2015 - Zalando SE, Europe's leading platform for fashion online, grew group revenues in the first quarter of 2015 to EUR 635-648 million (Q1 2014: EUR 501 million) or by 27-29 per cent, according to preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR 25-39 million, corresponding to an adjusted EBIT margin of 4-6 per cent in the first quarter of 2015 (Q1 2014: EUR -23 million or -4.5 per cent). Both group revenues and adjusted EBIT have developed above expectations, mainly due to a very strong start into the spring/summer season. With this growth rate Zalando is significantly exceeding its target corridor of 20-25 per cent growth. The increase in adjusted EBIT compared to the first quarter of 2014 is mainly driven by an improved gross margin. Rubin Ritter, Member of the Management Board, said: "We achieved our best ever first quarter performance, a testimony to the great team effort resulting in a strong growth momentum for the company. Especially the performance in March was very encouraging." All figures reported herein are preliminary and unaudited. Zalando will publish full financial figures for the first quarter of 2015 on 12 May 2015. In addition, Zalando will introduce trading updates ahead of regularly scheduled quarterly earnings releases for the second and third quarter in 2015. The dates for such trading updates will be published in advance of the earnings releases. Table 1: Zalando Group - Revenues and adjusted EBIT (EUR million, preliminary)

                               Q1 2015           Q1 2014           FY 2014


Group revenues                 635-648               501             2,214


Adjusted group EBIT¹             25-39               -23                82

1 Adjusted to exclude equity-settled stock based compensation costs. About Zalando Zalando (https://corporate.zalando.com) is Europe's leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando's websites attract more than 100 million visits per month. In the fourth quarter 2014, 48 per cent of traffic came from mobile devices, resulting in close to 15 million active customers by the end of the quarter. Contact Boris Radke Head of Corporate Communications Phone: +49 (0)30-209 68 1038 Email: [email protected] Zalando SE Registered at Amtsgericht Charlottenburg Berlin, HRB 158855 B VAT-ID: DE 260543043 Tax Number: 29/560/00596 Management Board: Robert Gentz, David Schneider, Rubin Ritter Chairperson of the Supervisory Board: Cristina Stenbeck --------------------------------------------------------------------- 16.04.2015 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. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Zalando SE Tamara-Danz-Straße 1 10243 Berlin Germany E-mail: [email protected] Internet: https://corporate.zalando.de ISIN: DE000ZAL1111 WKN: ZAL111 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange End of News DGAP News-Service --------------------------------------------------------------------- 344723 16.04.2015