PANTAFLIX AG: Eerik Budarz appointed Chief Financial Officer

Munich, September 27, 2019. PANTAFLIX AG (GSIN: A12UPJ, ISIN: DE000A12UPJ7) is strengthening its corporate structures by appointing Eerik Budarz as its new Chief Financial Officer (CFO) with immediate effect. In doing so, the media and technology company will promptly implement one of its core projects announced at the 2019 Annual General Meeting.

Eerik Budarz has already performed various functions for PANTAFLIX AG. Among others, he assumed responsibility as Head of Capital Markets and was a member of the supervisory board. Prior to his assignments at PANTAFLIX AG, Mr. Budarz gathered valuable experience in the capital market environment where he was responsible for the investor relations activities at TecDAX-listed Pfeiffer Vaccum Technology AG. Before that, he worked in investment banking as Head of Engineering & Automotive Equity Research at Westend Brokers AG and in a similar position at Bankhaus B. Metzler seel. Sohn & Co.

PANTAFLIX continues to expand its structures by filling the CFO position in order to promote its corporate strategy of value creation.

"Eerik Budarz boasts a great deal of experience, is well connected in the capital market, already knows the company inside-out from his previous positions and can therefore jump right into action. Now it is important to just as quickly address the next steps in driving the growth of PANTAFLIX AG forward with great commitment," says PANTAFLIX CEO Nicolas Paalzow.

"It is a great privilege for me to have the opportunity of contributing my efforts to PANTAFLIX on its path to profitability. I have already been committed to PANTAFLIX for several years and look forward to further enhancing existing partnerships and the good relationships with our investors," comments Eerik Budarz.

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