Mytheresa nominates Burkhart Grund for election to the Supervisory Board

– GERMANY, Munich –  MYT Netherlands Parent B.V., (NYSE: MYTE) announced the nomination of Burkhart Grund to its Supervisory Board subject to the completion of Mytheresa’s acquisition of YOOX NET-A-PORTER.

The proposal will be presented for approval by the Company´s shareholders at an Extraordinary General Meeting, scheduled for March 6, 2025.

“With Burkhart Grund, we look forward to welcoming an internationally experienced financial expert to our board. As a nominee of Richemont, we will expand the Supervisory Board by one seat to consist of eight members. We feel honored to work with another high-caliber individual in the future and are convinced that we will be able to accelerate the profitable growth and sustainable success of our combined companies following the transaction. The Supervisory Board will remain composed of a majority of independent directors under both NYSE and Dutch Corporate Governance Code standards.” said Nora Aufreiter, Chair of the Supervisory Board of MYT Netherlands Parent B.V.

About Burkhart Grund

Burkhart Grund started his Richemont career in 2000 as CFO of Montblanc in France, before becoming CFO of Van Cleef & Arpels and later Group Deputy Finance Director before his appointment to the Senior Executive Committee as Group CFO in 2017. He is a graduate of Business Administration at Georgia Southern University, US, and completed his graduate studies in International Finance at Münster University, Germany.

About Mytheresa

Mytheresa is one of the leading luxury multi-brand digital platforms shipping to over 130 countries. Founded as a boutique in 1987, Mytheresa launched online in 2006 and offers ready-to-wear, shoes, bags, and accessories for womenswear, menswear, and kidswear as well as lifestyle products and fine jewelry. The highly curated edit of up to 250 brands focuses on true luxury brands such as Bottega Veneta, Brunello Cucinelli, Dolce&Gabbana, Gucci, Loewe, Loro Piana, Moncler, Prada, Saint Laurent, The Row, Valentino, and many more. Mytheresa’s unique digital experience is based on a sharp focus on high-end luxury shoppers, exclusive product and content offerings, leading technology and analytical platforms as well as high-quality service operations. The NYSE-listed company reported €913.6 million GMV in fiscal year 2024 (+7% vs. FY23).

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