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Dear Shareholders, (handwriting)

Fast and simple: Flip4New

Bought the wrong product? No more use for it? People who want to quickly get rid of products have many options at their disposal today. Re-commerce providers buy used items online. They pay for them with money or vouchers. The items are inspected and then sold through various sales channels, including online platforms. One of the leading purchasers of used consumer electronics is the German company Flip4New, with which our Saturn sales brand started a partnership in 2010. At www.saturn.de, customers can exchange items for vouchers. They can also take advantage of this option in selected consumer electronics stores. Since 2012, Media-Saturn holds a share in Flip4New. Both partners are determined to broadly expand their partnership. The aim is to introduce the international exchange of consumer electronics and to facilitate it at all sales brands of Media-Saturn.