DGAP-CMS: Zalando SE: Release of a capital market information

DISCLOSURE ACCORDING TO ART. 5 PARA. 1 LIT. B) AND PARA. 3 REGULATION (EU) NO. 596/2014 AND ART. 2 PARA. 3 COMMISSION DELEGATED REGULATION (EU) NO. 2016/1052 // SHARE BUY-BACK - 6TH INTERIM REPORTING

BERLIN, 18 JANUARY 2019 // From 11 January 2019 until and including 17 January 2019, 276,746 shares were bought back within the framework of the share buy-back program that Zalando previously announced on 10 December 2018 in accordance with Art. 5 para. 1 lit. a) Regulation (EU) No. 596/2014 and Art. 2 para. 1 Commission Delegated Regulation (EU) No. 2016/1052 with a start date of 10 December 2018.

Shares were bought back as follows:

Full transaction details are published on Zalando's website under https:// corporate.zalando.com/en/investor-relations/share-buy-back.

The total volume of shares acquired within the framework of the share buyback from 10 December 2018 until and including 17 January 2019 amounts to 1,079,458 shares.

The share buy-backs are executed by an independent bank through the stock exchange via the electronic trading platform of the Frankfurt Stock Exchange (XETRA).

Zalando SE

The Management Board