METRO CEO Greubel presents progress of sCore strategy; new and confirmed mandates on the Supervisory Board

At today's Annual General Meeting, the Chairman of the Management Board of METRO AG, Dr Steffen Greubel, presented the progress made after three years of implementing the sCore strategy to the shareholders in attendance. The company was able to continue to drive its growth path and further improve its market position despite a challenging environment.

A total of 85.69% of the voting capital was present at the virtual Annual General Meeting. The actions of the Supervisory Board and the Management Board were approved by the Annual General Meeting.

The agenda also included new and re-elections to the Supervisory Board of the international wholesaler. Martin Plavec was elected as a new member of the Supervisory Board of METRO AG. He succeeds Jürgen Steinemann, who is no longer available for a further term of office, so that a new election was necessary. Martin Plavec is Investment Manager at EP Equity Investment S.à r.l. Luxembourg and, among other things, a member of the Board of Directors of Casino S.A., France, and PostNL N.V., Netherlands. In addition, the previous Supervisory Board members Eva-Lotta Sjöstedt and Marek Spurný were confirmed for a further term of office. After Jürgen Steinemann left the Supervisory Board at the end of the Annual General Meeting, the Supervisory Board elected Roman Šilha as the new Chairman of the Supervisory Board.

"I would like to thank the members of the Supervisory Board for their trust and look forward to continuing to support METRO's sCore strategy and ongoing transformation efforts together with them and the Management Board. In addition, I would like to sincerely thank Jürgen Steinemann for his many years of service to the company. As Chairman of the Supervisory Board, he has made important contributions to the development of METRO over the past ten years”, comments Roman Šilha.

On 15 May 2025, METRO will report the earnings for the first half of the current financial year.

METRO is a leading international food wholesaler which specialises in serving the needs of hotels, restaurants, and caterers (HoReCa) as well as independent resellers (Traders). Around the world, METRO has approx. 15 million customers who benefit from the wholesale company’s unique multichannel mix: customers can purchase their goods in one of the large stores in their area as well as by delivery (Food Service Distribution, FSD) – all digitally supported and connected. In parallel, METRO MARKETS is being developed as an international online mar-ketplace for the needs of professional customers which has been growing and expanding continuously since 2019. Acting sustainably is one of the company principles of METRO which has been listed in various sustainability indices and rankings, including MSCI, Sustainalytics and CDP. METRO operates in more than 30 countries and employs over 85,000 people world-wide. In financial year 2023/24, METRO generated sales of €31 billion.

More information can be found at MPULSE.de, our online magazine.