· Swede elected new Board President of leading retail alliance · Neuman, with years of broad retail experience from Dagab and the Axfood group, is a private label specialist highly reputed in the industry · Dmitry Bogod from Lenta elected new Board member

June 2019.

- Cooperation will start in the private label business - Global supply chains offer increased opportunities for growth to the distributors and industrial partners involved - retail customers benefit from a larger assortment variety Pfäffikon, Switzerland: The European Marketing Distribution AG (EMD) welcomes a new partner: Homeplus Co. Ltd, Korea’s second largest retailer, is from now on closely cooperating in the sourcing of private label products with the leading European associated group. The agreement signed on Wednesday 23 January in Zürich by Homeplus’ CEO Lim Il-Soon provides also for the option of cooperation in other areas of intercontinental cooperation. - Cross reference: Picture is available at AP Images (http://www.apimages.com) - Homeplus, founded in 1997, is the second largest company in the South Korean retailer market with a turnover of 9.7 billion US dollars (2017). The Homeplus Group owned by the Asian private equity firm MBK Partners operates currently 752 retail ou