PANTALEON Entertainment AG: Eerik Budarz new Head of Capital Markets

Munich, August 01, 2017 - Eerik Budarz (38) as of today will lead the Capital Markets department of PANTALEON Entertainment AG (soon to be renamed PANTAFLIX AG). Mr. Budarz will be responsible for investors and analysts and he will report directly to CEO Dan Maag. By taking this step, PANTALEON is reacting to the company's strong growth and therefore further strengthening its capital market competence.

Eerik Budarz has been responsible for the investor relations activities at the TecDax-listed engineering group Pfeiffer Vacuum Technology AG since 2013. Prior to that, the graduate economist and mathematician was in charge of the small and midcap equity research for industrial and technology companies, including IPOs, at the investment bank Silvia Quandt & Cie. Born in the USA, the Finnish citizen grew up in Germany and commenced his career as a risk and equity analyst for well-known international companies such as the American International Group (AIG) or the renouned private bank B. Metzler seel. Sohn & Co. Overall, Eerik Budarz has gathered more than ten years of capital market experience.

"After expanding the Management Board with the internationally experienced industry expert Stefan Langefeld as our COO in May, we now welcome Eerik Budarz to the PANTAFLIX team, an absolute Financial Markets expert. He speaks the language the investors speak, is very well connected, will certainly bring in his enriching experience, and he is also very fond of the topic of worldwide digital distribution. With him, it is wonderful to have obtained our dream candidate for this position. By taking this step, we are making a further stride in the process of professionalization", explains Chairman of the Board, Dan Maag, adding: "With his many years of industry experience and his resulting network, Eerik is the perfect addition to our team."