Flow Traders Leadership Update

Leadership Transition - Mike Kuehnel will not seek re-election as CEO for another full term at the 2025 AGM and will leave Flow Traders at the end of August 2025 to pursue a new opportunity [4][5] - The Board has initiated a search for Kuehnel's successor while he has agreed to be nominated for re-election at the upcoming AGM [5] - Marc Jansen will be nominated for election as Executive Director at the AGM and will serve a term of four years if approved [18] New Appointments - Marc Jansen and Alex Kieft have been appointed as Co-Chief Trading Officers, effective immediately, to jointly manage the Global Trading Division [6][14] - Both Jansen and Kieft have extensive experience within the company, with Jansen having joined in 2013 and Kieft in 2014 [10][11] Company Performance and Strategy - Under Kuehnel's leadership, Flow Traders launched the Trading Capital Expansion Plan in 2024, contributing to the firm's second-best financial year in its 20-year history [8][13] - The firm has focused on enhancing efficiency through automation and building a scalable organization, while also developing a global leadership team [9][12] - The company aims to intensify efforts in both traditional and digital asset markets as part of its long-term growth strategy [14]