Further strengthening of organization:

SVP Consumptional Business New Member of ALSO Group Management

Remote work as well as cloud-based platforms and business processes will be important building blocks of the 'next normal'. With it comes the shift towards consumption-based as-a-Service concepts, offering new business models and recurrent revenues for resellers. The ALSO Cloud Marketplace has been at the heart of this development, consistently expanding its portfolio with currently over 90 vendors and about 19 million seats.

From IoT to cybersecurity, from streaming and virtualization to artificial intelligence - the future of IT is platform-based. The development of new applications and business models will be one of the top priorities of ALSO. Hence, computer scientist Jan Bogdanovich, currently Senior Vice President Consumptional Business, has been appointed as a member of the Group Management by the ALSO Group.

Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX:ALSN): "During his time as Chief Transformation Officer at ALSO, Jan was a very active driver of the reinvention of our company as a technology provider, first and foremost through the development of the ALSO Cloud Marketplace. His technological expertise and business acumen will make him a valuable member of the Group Management."

While studying Computer Science at the University of Latvia in Riga, he already held a job at a company which was the first IT as-a-Service provider in the Baltics and acquired several industry vendor certifications. He then founded a Research and Development Center for Cloud Platforms to enable digital marketplaces for the channel. After joining ALSO in 2014, he played an integral role in the deployment of the ALSO Cloud Marketplace and developed the Platform as-a-Service concept for ALSO.

Direct link to media release: https://www2.also.com/press/20200917en.pdf
Direct link to images: https://www2.also.com/press/images/20200917.zip

Contact person ALSO Holding AG:
Beate Flamm
Senior Vice President Communication
Telefon: +49 151 61266047
E-Mail: beate.flamm@also.com

ALSO Holding AG (ALSN.SW) (Emmen/Switzerland) brings providers and buyers of the ICT industry together. ALSO offer more than 660 vendors of hardware, software and IT-services access to over 110 000 buyers, who can call a broad spectrum of other customized services in the logistics, finance, and IT services sectors, as well as traditional distribution services. From the development of complex IT landscapes, the provision and maintenance of hardware and software, right through to the return, reconditioning and remarketing of IT hardware, ALSO offers all services as a one-stop shop. ALSO is represented in 23 European countries and generates total net sales of approximately 10.7 billion euros with around 4 000 employees in the fiscal year 2019. The principal shareholder of ALSO Holding AG is the Droege Group, Düsseldorf, Germany. Further information is available at https://also.com

Droege Group
Droege Group (founded in 1988) is an independent advisory and investment company under full family ownership. The company acts as a specialist for tailor-made transformation programs aiming to enhance corporate value. Droege Group combines its corporate family-run structure and capital strength into a family- equity business model. The group carries out direct investments with its own equity in corporate spin-offs and medium-sized companies in «special situations». With the guiding principle «execution - following the rules of art», the group is a pioneer in execution-oriented corporate development. Droege Group follows a focused investment strategy based on current megatrends (knowledge, connectivity, prevention, demography, specialization, future work, shopping 4.0). Enthusiasm for quality, innovation and speed determines the company's actions. In recent years Droege Group has successfully positioned itself in domestic and international markets and operates in 30 countries. More information: https://droege-group.com