Wir mourn the passing of Erich Kellerhals

We mourn the passing of

Erich Kellerhals

the founder of MediaMarkt and a shareholder in the MediaMarktSaturn Retail Group, who died on 25 December 2017, aged 78.

We bid farewell to a true pioneer in the retail sector.

Distinguished by entrepreneurial courage and unwavering belief in his ability to move and change things, when Erich Kellerhals founded Media Markt in 1979, he laid the foundations for the MediaMarktSaturn Retail Group, a company now identified with by 65,000 employees.

Erich Kellerhals was closely associated with MediaMarktSaturn for four decades, helping to grow it into Europe’s biggest consumer electronics retailer. He made every effort to ensure the continuing success of MediaMarktSaturn, which would not have reached its current strength without him.

It is with deep respect that we pay tribute to Erich Kellerhals’s lifetime of extraordinary achievement. We are indebted to him for his successful work spanning many years within our group of companies.

We will always cherish the memory of Erich Kellerhals.

We extend our deepest sympathy at this difficult time to his wife, his son and his grandchildren.

The Management Board,

shareholders and CEOs of the MediaMarkt and Saturn stores and the employees of the

MediaMarktSaturn Retail Group