home24 SE

Shareholders of home24 SE

Germany publishes no shareholder list for an Aktiengesellschaft or a Societas Europaea: the Gesellschafterliste requirement applies to a GmbH, not to an SE, so there is no register document naming the holders of home24 SE. The provider field behind this page holds no rows at all, only the provider’s own note that German ownership is filed with the Handelsregister and the Transparenzregister. That is a gap in the feed, not an absence of shareholders, and the position is in fact documented in takeover filings.

RAS Beteiligungs GmbH (Vienna, Firmenbuch FN 94005 v), LSW GmbH and SGW-Immo-GmbH (both Wels, Austria) published a joint voluntary takeover offer at EUR 7.50 per share on 11 November 2022; the acceptance period ended on 9 December 2022, a further period ran to 28 December 2022, and the last closing condition (merger control clearance) was declared satisfied on 17 April 2023. A delisting acquisition offer at the same EUR 7.50 followed on 28 July 2023 and was accepted for only 284,342 shares, about 0.84 per cent. At the reporting date of 8 September 2023 the bidders held directly: RAS 13,433,975 shares (approximately 39.83 per cent), LSW 7,054,660 (20.92 per cent), SGW-Immo 7,055,834 (20.92 per cent), with XXXLutz KG holding a further 3,353,250 shares (9.94 per cent) directly.

By the time the extraordinary general meeting was convened on 6 November 2024, RAS Beteiligungs GmbH alone held 32,363,910 of the 33,724,852 shares in issue, stated in the convocation as approximately 95.97 per cent of the share capital excluding the 2,735 treasury shares. The general meeting of 13 December 2024 resolved to transfer the shares of the remaining minority shareholders to RAS Beteiligungs GmbH against cash compensation of EUR 7.46 per share, a figure set on the basis of a valuation opinion from RSM Ebner Stolz and reviewed by the court-appointed expert IVA Valuation & Advisory AG, with a bank guarantee from UniCredit Bank GmbH. That resolution was entered in the commercial register on 4 March 2025, which is the point at which the minority shares passed by operation of law. RAS Beteiligungs GmbH is therefore the sole shareholder of home24 SE.

Ultimate beneficial ownership

No ultimate beneficial owner of home24 SE is verified here. Germany’s Transparenzregister, which does record beneficial owners, has not been open to general public inspection since the judgment of the Court of Justice of the European Union of 22 November 2022 in Joined Cases C-37/20 and C-601/20; access is now confined to competent authorities, obliged entities and persons who can demonstrate a legitimate interest. The absence of a name here reflects that access restriction, not an absence of a recorded beneficial owner.

The chain above the sole shareholder is documented in the offer document. RAS Beteiligungs GmbH is held 99.5 per cent by XXXLutz KG (Wels, FN 336561 v) and 0.25 per cent each by WSF Privatstiftung (FN 137292 a) and LSW Privatstiftung (FN 137289 x). The limited partners of XXXLutz KG are WSF Privatstiftung and LSW GmbH (FN 272503 s, itself wholly held by LSW Privatstiftung) with 50 per cent each; its general partners are XXXLutz Verwaltungs GmbH (FN 335101 x), held 50/50 by the two foundations, and an individual. The offer document states that XXXLutz Verwaltungs GmbH exercises sole control over XXXLutz KG and indirectly over RAS Beteiligungs GmbH, and that neither foundation exercises joint control. A takeover-law announcement of 13 September 2023 attributed LSW GmbH’s voting rights to LSW Privatstiftung and to Dr Andreas Seifert as its parent undertakings; that is an attribution of voting rights under the Wertpapiererwerbs- und Übernahmegesetz, not a beneficial-ownership determination. The chain ends in two Austrian private foundations whose beneficiaries are not published, so no effective percentage can be calculated through to a natural person.

Data availability

Shareholder information for a German SE is Not public as a register matter and Full in substance here only because the takeover and squeeze-out filings happen to document it; for a German SE without such a transaction no comparable disclosure would exist. Beneficial ownership is Restricted: the Transparenzregister exists but is closed to public inspection. The stored shareholder record for this company is an empty provider stub and should not be read as a statement that no shareholder exists.

Sources

• BaFin, offer document for the voluntary public takeover offer by RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH to the shareholders of home24 SE, published 11 November 2022 (BaFin copy dated 14 November 2022) — https://www.bafin.de/SharedDocs/Downloads/DE/Angebotsunterlage/home24.pdf?__blob=publicationFile&v=1. Retrieved 29 September 2026.
• Bundesanzeiger, Kapitalmarkt — announcements under section 23(1) WpUeG by RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, 14 December 2022, 2 January 2023, 17 April 2023 and 13 September 2023; searched at https://www.bundesanzeiger.de/pub/de/suche. Retrieved 29 September 2026.
• Bundesanzeiger, home24 SE, Einberufung zur außerordentlichen Hauptversammlung am 13. Dezember 2024, published 6 November 2024 — https://www.bundesanzeiger.de/pub/de/suche. Retrieved 29 September 2026.
• Bundesanzeiger, home24 SE, Mitteilung gem. § 20 Abs. 6 AktG, published 28 April 2025 (notifications dated 22 April 2025) — https://www.bundesanzeiger.de/pub/de/suche. Retrieved 29 September 2026.
• Handelsregister, Amtsgericht Charlottenburg, HRB 196337 B, current and chronological printouts, entries 41 (4 March 2025) and 42 (23 June 2025) — https://www.handelsregister.de/rp_web/welcome.xhtml. Retrieved 29 September 2026.

Directors and officers of home24 SE

home24 SE has the two-tier board structure of a German-registered SE: a Vorstand (management board) and an Aufsichtsrat (supervisory board). The commercial register for an SE records the Vorstand and any Prokuristen, but not the Aufsichtsrat, so the two bodies have to be established from different sources.

The current register printout for HRB 196337 B, retrieved on 29 September 2026, records two Vorstand members: Marc Appelhoff (born August 1978, Berlin) and Philipp Steinhäuser (born May 1984, Berlin), each entered with the power to conclude transactions as the representative of a third party. The general rule of representation is that a sole Vorstand member represents the company alone; where several are appointed, the company is represented by two Vorstand members jointly or by one Vorstand member together with a Prokurist, and the Aufsichtsrat may grant an individual member sole representation. No Prokurist has been registered since the last one was removed with effect from the entry of 8 December 2022. The 2022 takeover offer document gave the functional titles of these two as CEO and CFO respectively; the register itself records no functional titles.

Four Aufsichtsrat members were put to the annual general meeting of 30 June 2023 for a term running to the general meeting that resolves on their discharge for the 2025 financial year: Michael Seifert (resident in Vienna, Austrian citizen, company director in the XXXLutz group), Nikola Seifert (resident in Wels, Austrian citizen, company director in the XXXLutz group), Philipp Kreibohm (resident in Berlin, German citizen, early-stage technology investor) and Matthias Ley (resident in Pfaffstätten, Austria, German and Austrian citizen, investment and M&A manager in the XXXLutz group). Those nationalities are the ones stated in the convening notice itself, which is the only source used for them.

Recent officer changes

• Philipp Steinhäuser — appointed to the Vorstand, entered in the register on 18 January 2021; his Prokura was cancelled by the same entry.
• Brigitte Wittekind — ceased to be a Vorstand member, entered in the register on 21 June 2023. She was the third management board member named in the 2022 offer document.
• Dr Philipp Kreibohm — resigned from the Aufsichtsrat with effect from the close of the extraordinary general meeting of 13 December 2024. Livia Maria Seifert, resident in Wels, Austria, described in the notice as a company director in the XXXLutz group, was proposed to that meeting for election in his place. No primary source confirming that the election took place could be located, so the current composition of the Aufsichtsrat is not asserted here.

Data availability

Officer information for a German SE is Partial. The register gives the Vorstand and Prokuristen in full, current and historical, with entry dates but not with the dates on which the underlying appointment or removal took effect, and it does not publish nationality, occupation or a service address for them. The Aufsichtsrat is not a register entry at all; its composition can only be traced through general-meeting notices in the Bundesanzeiger, and the most recent one that names members dates from 6 November 2024. Nationality is stated here only where the convening notice of 24 May 2023 records it expressly; for the Vorstand members it is Not disclosed.

The stored officer feed on this page should be treated with care. It holds 30 rows and reports 30 as the total, so it is not truncated, but: 11 of the 30 rows carry the job title "Partner" and name banks, funds, an Austrian private foundation and private individuals — none of them has ever been a registered officer of home24 SE. Two further rows name a chief technology officer and a senior communications manager, who are employees rather than registered officers. Three rows record a "Managing Director" appointed in 2009 and one resigning in 2014, which predates this legal entity; home24 SE was first entered in the register on 16 May 2018. Only two rows are flagged ACTIVE, and one of them simultaneously carries a resignation date of 18 January 2021 — the date on which that person was in fact appointed to the Vorstand. Both serving Vorstand members also appear a second and third time under variant spellings, flagged RESIGNED. Of the 28 rows flagged RESIGNED, only 12 carry any resignation date at all.

Sources

• Handelsregister, Amtsgericht Charlottenburg, HRB 196337 B — current printout (AD), chronological printout (CD) and structured register content (SI XML), register content as at the last entry of 23 June 2025 — https://www.handelsregister.de/rp_web/welcome.xhtml. Retrieved 29 September 2026.
• Bundesanzeiger, home24 SE, Einberufung zur ordentlichen Hauptversammlung, published 24 May 2023 (meeting of 30 June 2023), agenda item 8, election of four supervisory board members — https://www.bundesanzeiger.de/pub/de/suche. Retrieved 29 September 2026.
• Bundesanzeiger, home24 SE, Einberufung zur außerordentlichen Hauptversammlung, published 6 November 2024 (meeting of 13 December 2024), agenda item 2 — https://www.bundesanzeiger.de/pub/de/suche. Retrieved 29 September 2026.
• BaFin, offer document of 11 November 2022, section 7.5 (Organe) — https://www.bafin.de/SharedDocs/Downloads/DE/Angebotsunterlage/home24.pdf?__blob=publicationFile&v=1. Retrieved 29 September 2026.

Group structure of home24 SE

home24 SE is not independent. Its immediate parent is RAS Beteiligungs GmbH, Vienna (Firmenbuch FN 94005 v), and the ultimate group parent is XXXLutz KG, Wels, Austria (FN 336561 v), over which XXXLutz Verwaltungs GmbH (FN 335101 x) exercises sole control as managing general partner. That chain is documented in the BaFin offer document of 11 November 2022 and confirmed by the register entry of 4 March 2025 recording the transfer of the minority shares to RAS Beteiligungs GmbH. Below home24 SE, the same offer document lists 25 direct and indirect subsidiaries as at November 2022, in Germany, Brazil, Poland, Hong Kong and the United States. The stored group tree on this page shows only ten nodes under home24 SE, so it is materially incomplete, and it places home24 SE directly under XXXLutz KG, omitting the intermediate holding company that is actually the parent — even though RAS Beteiligungs GmbH appears elsewhere in the same stored tree as a sibling node.

Verified corporate relationships

The German register numbers in this table are taken from the stored group tree and match the Charlottenburg court code; the relationships themselves are verified from the offer document’s subsidiary schedule. handelsregister.de rate-limited the attempt to confirm each number individually on 29 September 2026, so the numbers have not been checked one by one.

Recent structural changes

• Change of parent, completed 17 April 2023. The joint takeover offer by RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH became unconditional when merger-control clearance was announced on that date; the minority shares passed to RAS Beteiligungs GmbH when the squeeze-out resolution of 13 December 2024 was entered in the register on 4 March 2025.
• Disposal of the Brazilian shareholding, 2025. Grupo Toky S.A. informed the Brazilian market on 30 July 2025 that home24 Holding GmbH & Co. KG had agreed to sell its holding of about 42.7 per cent, subject to conditions precedent, and told the CVM on 4 August 2025 that home24 was the largest shareholder but not the controlling shareholder of that company. A buyer’s declaration filed on 12 August 2025 confirms that a tranche of 8,202,666 shares, 6.68 per cent of the capital, transferred on 11 August 2025 on satisfaction of those conditions.
• Mergers into home24 SE. The register records that fashion4home GmbH (HRB 120483 B) and CASA Home & Living GmbH (HRB 171486 B), both of Berlin, were merged into home24 SE, so neither is a separate entity.

Data availability

Corporate-linkage information for home24 SE is Partial. The upward chain is fully documented because a takeover was made for the company; ownership percentages for the subsidiaries are not published anywhere free of charge, and the subsidiary schedule used here is dated November 2022, so it may no longer be current. Two of the ten nodes stored under home24 SE in the group tree are not subsidiaries but registrations of home24 SE itself — a Swiss VAT registration labelled "home24 SE, Berlin/D" (CHE-357.678.922 MWST) and an Austrian Firmenbuch entry under the company’s own name (FN 463516t), neither of which appears in the filed subsidiary schedule. The tree also carries a Turkish trading company that the filed schedule does not list, and omits the Butlers companies, the two Hong Kong companies, the United States company and the Brazilian companies that it does list.

Sources

• BaFin, offer document of 11 November 2022, section 6.2 (bidder shareholder structure) and Anlage 5 (direct and indirect subsidiaries of the target) — https://www.bafin.de/SharedDocs/Downloads/DE/Angebotsunterlage/home24.pdf?__blob=publicationFile&v=1. Retrieved 29 September 2026.
• Handelsregister, Amtsgericht Charlottenburg, HRB 196337 B, chronological printout, entries 1 and 41 — https://www.handelsregister.de/rp_web/welcome.xhtml. Retrieved 29 September 2026.
• Comissão de Valores Mobiliários (Brazil), Grupo Toky S.A., Comunicado ao Mercado of 4 August 2025 enclosing Ofício 153/2025/CVM/SEP/GEA-2 and the statement of home24 Holding GmbH & Co. KG — https://www.rad.cvm.gov.br/ENET/frmDownloadDocumento.aspx?Tela=ext&descTipo=IPE&CodigoInstituicao=1&numProtocolo=1407493&numSequencia=932205&numVersao=1. Retrieved 29 September 2026.
• Comissão de Valores Mobiliários (Brazil), Grupo Toky S.A., Comunicado ao Mercado of 12 August 2025, declaration of acquisition of a relevant shareholding — https://www.rad.cvm.gov.br/ENET/frmDownloadDocumento.aspx?Tela=ext&descTipo=IPE&CodigoInstituicao=1&numProtocolo=1412251&numSequencia=936963&numVersao=1. Retrieved 29 September 2026.
• Bundesanzeiger, Kapitalmarkt, announcement of 17 April 2023 on satisfaction of the last closing condition of the takeover offer — https://www.bundesanzeiger.de/pub/de/suche. Retrieved 29 September 2026.