NON-BINDING CONVENIENCE TRANSLATION Please note that this translation of the German offer document is for convenience purposes only. It has not been and will not be reviewed or approved by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht), and it does not constitute an offer under the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz) or under any other law or regulation, nor does it give rise to any claims and entitlements. Rocket Internet SE assumes no responsibility for misunderstandings or misinterpretations that may arise from or in connection with this translation or any mistakes or inaccuracies contained herein. Only the German offer document, which has been approved by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht), is valid and legally binding. Mandatory Publication pursuant to Section 14 para. 2 and 3 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz) in conjunction with Section 39 para. 2 sentence 3 no. 1 of the Stock Exchange Act (Börsengesetz) Shareholders of Rocket Internet SE, in particular shareholders with a place of residence, registered office or habitual abode outside the Federal Republic of Germany, should pay special attention to the information contained in Section 1 of this Offer Document. OFFER DOCUMENT Public Delisting Self-Tender Offer (Cash Offer) of Rocket Internet SE Charlottenstraße 4 10969 Berlin Germany to the shareholders of Rocket Internet SE Charlottenstraße 4 10969 Berlin Germany for the buyback of all no-par value bearer shares not already directly held by Rocket Internet SE of Rocket Internet SE against payment of a cash consideration in the amount of EUR 18.57 per tendered share of Rocket Internet SE. Acceptance Period: October 1, 2020 through October 30, 2020, 24:00 hours (Midnight) (Central European Time) Rocket Internet SE Shares: ISIN DE000A12UKK6 Tendered Rocket Internet SE Shares: ISIN DE000A289WU1 TABLE OF CONTENTS Page 1. General Information on the Offer, in particular for Shareholders with a Place of Residence, Registered Office or Habitual Abode Outside the Federal Republic of Germany ..................... 1 1.1 Laws Applicable to the Offer and Intended Delisting .................................................. 1 1.2 Publication of the Decision to Launch the Offer .......................................................... 3 1.3 Review of the Offer Document by BaFin ..................................................................... 3 1.4 Publication of the Offer Document ............................................................................... 3 1.5 Distribution of the Offer Document .............................................................................. 4 1.6 Acceptance of the Offer Outside of Germany, the European Union, the European Economic Area and the United States .......................................................................... 5 1.7 Information for Rocket Internet Shareholders with a Place of Residence, Registered Office or Habitual Abode in the United States ........................................... 5 2. Notes on the Information Contained in the Offer Document ..................................................... 6 2.1 General .......................................................................................................................... 6 2.2 Status and Sources of Information Contained in the Offer Document ......................... 6 2.3 Forward-looking Statements ......................................................................................... 7 2.4 No Updates ................................................................................................................... 7 3. Summary of the Offer ................................................................................................................ 7 4. Offer ......................................................................................................................................... 12 4.1 Subject Matter ............................................................................................................. 12 4.2 Acceptance Period ...................................................................................................... 13 4.3 Extension of the Acceptance Period ........................................................................... 13 5. Description of Rocket Internet ................................................................................................. 14 5.1 Legal Basis of Rocket Internet .................................................................................... 14 5.2 Governing Bodies of Rocket Internet ......................................................................... 15 5.3 Business Operations of Rocket Internet ...................................................................... 15 5.4 Selected Financial Information of Rocket Internet and Selected Consolidated Subsidiaries ................................................................................................................. 19 5.5 Capital Structure ......................................................................................................... 31 5.6 Shareholder Structure of Rocket Internet.................................................................... 38 5.7 Persons Acting Jointly with Rocket Internet .............................................................. 39 5.8 Rocket Internet Shares and Instruments Held by Rocket Internet and Persons Acting Jointly with Rocket Internet within the Meaning of Section 2 para. 5 WpÜG as well as Rocket Internet Shares and Instruments Held by their Subsidiaries and Voting Rights Attributable to these Legal Entities .......................... 40 5.9 Information on Securities Transactions ...................................................................... 40 5.10 Information on the Reasoned Statement of the Management Board and the Supervisory Board ...................................................................................................... 41 -i- 6. Economic and Strategic Background of the Offer ................................................................... 41 6.1 Financing of the Offer ................................................................................................. 41 6.2 Legal Basis of the Offer with Regard to Stock Corporation Law ............................... 41 6.3 Reasons for the Delisting ............................................................................................ 47 6.4 No Fundamental Reasons Against the Delisting......................................................... 52 7. Intentions of Rocket Internet ................................................................................................... 53 7.1 Effecting the Delisting ................................................................................................ 54 7.2 Future Business Operations; Use of Assets and Future Obligations of Rocket Internet ........................................................................................................................ 56 7.3 Impact on Rocket Internet’s Governing Bodies .......................................................... 56 7.4 Employees, Terms and Conditions of Employment and Employee Representation of Rocket Internet ....................................................................................................... 56 7.5 Company Name, Headquarters and Locations of Essential Company Parts of Rocket Internet ............................................................................................................ 57 7.6 Dividend...................................................................................................................... 57 7.7 Possible Structural Measures ...................................................................................... 57 8. Offer Consideration ................................................................................................................. 57 8.1 Statutory Minimum Price ............................................................................................ 57 8.2 Offer Consideration .................................................................................................... 59 8.3 Adequacy of the Offer Consideration ......................................................................... 59 9. Regulatory Approvals and Procedures; No Closing Conditions .............................................. 60 10. Acceptance and Settlement of the Offer .................................................................................. 61 10.1 Settlement Agent ......................................................................................................... 61 10.2 Acceptance of the Offer within the Acceptance Period .............................................. 61 10.3 Further Declarations in Connection with the Acceptance of the Offer ....................... 62 10.4 Legal Consequences of Acceptance ............................................................................ 63 10.5 Settlement of the Offer ............................................................................................... 64 10.6 Stock Exchange Trading with Tendered Rocket Internet Shares and with Rocket Internet Shares not Tendered into the Offer ............................................................... 64 10.7 Right of Withdrawal of Rocket