Just Eat Takeaway.com EGM approves acquisition of Grubhub

The Extraordinary General Meeting (“EGM”) of Just Eat Takeaway.com N.V. (AMS: TKWY, LSE: JET), (the “Company” or “Just Eat Takeaway.com”) has approved the acquisition of Grubhub Inc. (NYSE: GRUB), (“Grubhub”) and the appointment of Matthew Maloney as a member of the Management Board and the appointments of Lloyd Frink and David Fisher as members of the Supervisory Board, effective as of closing. The EGM rejected the proposed supplement to the remuneration policy of the Management Board in respect of Matthew Maloney.

On 10 June 2020, Just Eat Takeaway.com announced it had entered into a definitive agreement with Grubhub for the Company to acquire 100% of the shares of Grubhub in an all-share transaction (the “Transaction”). Subject to satisfaction of conditions, completion of the Transaction is anticipated to occur in the first half of 2021.

The voting results from the EGM will shortly be published on the website of Just Eat Takeaway.com. In addition, a copy of the voting results will be submitted to the UK Financial Conduct Authority’s National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The draft minutes will be made available on the Company’s corporate website within three months.

For further information related to the EGM, please visit the Just Eat Takeaway.com website https://www.justeattakeaway.com/investors/general-meeting/.