Frank Niehage has vast experience across all segments of retail and commercial banking, working as Managing Director at Goldman Sachs until August 2014 when he joined flatexDEGIRO. In previous positions, he was instrumental in the growth of Bank Sarasin AG as CEO in Germany.

Prior to this he had served in various senior positions at Commerzbank, Credit Suisse, UBS and international law firm Beiten Burkhardt, both in Germany and internationally, especially in Asia.

Frank is an attorney at law in Germany and has received his Master of Laws majoring in international economics from the University of Houston Law Center.

Number of flatexDEGIRO shares directly and indirectly held: 535,000

Before joining flatexDEGIRO in 2015, Muhamad Said Chahrour was CFO at Lamudi, one of Rocket Internet SE’s core ventures, and primarily responsible for the financial funding and investor relations of the global entities with more than 500 employees.

He previously worked in M&A and Transaction Services at UBS and pwc where he managed multiple transactions with a total deal volume of more than EUR 2 billion.

Muhamad has a strong track record of excellent work results and exceptional expertise and experience across the sectors of corporate finance, credit and investment management, and business development. Muhamad holds a Master of Science degree in quantitative finance from the University of Bath School of Management.

Number of flatexDEGIRO shares/options directly and indirectly held: 117,500

After finishing his studies of mathematics, physics and computer science Martin Korbmacher started his career 1991 at JP Morgan where he served as Head of Trading before joining Dresdner Kleinwort in 1997 as Global Head of Fixed Income Trading, where he took responsibility as Global Head of Equites in 2000.

In 2005 Martin took over as Head of the Investment Banking Division at Credit Suisse for Germany and Austria and played a key role in the successful growth of the business activities.

In 2011, he founded Event Horizon Capital & Advisory and has been advising multiple companies in the area of corporate finance and innovation. Since 2014 Martin Korbmacher is the chairman of the supervisory board of flatexDEGIRO AG and flatex Bank AG.

For the first time appointed to: October 30, 2014; Elected until: 2021

Number of flatexDEGIRO shares directly and indirectly held: 104,446

Stefan Müller started his banking career in 1985 with Bayrische Hypo- und Vereinsbank (today: HVB, subsidiary of UniCredit) and went through different roles, including the securities and privat banking business. In 2002, he joined the former flatex Holding AG and became member of the board until 2014.

Today, he is the general representative of Börsenmedien AG, one of the leading financial media companies in Germany.

Stefan is vice chairman of the supervisory board of flatexDEGIRO AG and member of the supervisory board of the flatex Bank AG.

For the first time appointed to: February 23, 2017; Elected until: 2021

Number of flatexDEGIRO shares directly and indirectly held: 9,185

In 1983, Herbert Seuling finished his studies in business administration at the University of Bamberg and started his career as tax advisor. In 1987, he was appointed as certified tax advisory. In 1993 he joined Dr. Mehnert and Seuling Steuerberatungsgesellschaft as managing director and was founder of C.P.A. Dr. Mehnert & Seuling in 1997 which became one of the leading advisory companies in northern Bavaria with more than 100 employees.

He was member of the examination board for certified tax advisors for more than two decades.

Herbert retired end of 2017 and has dedicated his time in various advisory and supervisory roles. Since 2016 he is supervisory board member of flatexDEGIRO AG.

For the first time appointed to: May 2, 2016; Elected until: 2021