Record sales in online business – lockdowns put a brake on branch business in the second quarter E-commerce grows by 75.5 percent compared to the same quarter of the previous year to record sales of EUR 1.3 million in Q2 2020/21 (January-March) Sales in the online business in Germany rose from a high level by 61 percent to EUR 75 million Overall result strongly influenced by Europe-wide lockdowns and far-reaching restrictions Q2 2020/21 Group sales of 151 million euros are on a comparable basis 12.5 percent below the same quarter of the previous year On a comparable basis, the decline in sales of 8.2 percent is in the clear single-digit range over the first half of the year Adjusted net income (EBITDA) of EUR 170 million in the first half of the year speaks for the good overall performance Teodor Maler, Douglas Group CEO: “The second quarter shows that our  First strategy continues to bear fruit. We have succeeded in significantly increasing our e-commerce business again from an already high level. The branch business, on the other hand, is clearly shaped by the extensive lockdowns and far-reaching restrictions in Europe. The increasing progress in vaccination makes me confident that the branches across Europe will gradually open again and that we will see an upturn in the branch business as well. “