Ad Tech and Martech

Media and Games Invest Promote Ad-Tech Veterans Ionut Ciobotaru and Sameer Sondhi to C-Level Managers

Promote Ad-Tech Veterans
Media and Games Invest SE ("MGI" or the "Company", ISIN: MT0000580101; Ticker M8G; Nasdaq First North Premier Growth Market and Scale Segment Frankfurt Stock Exchange, OTCQX: MDGIF) today announced Ionut Ciobotaru will be promoted to Chief Product Officer (CPO) and Sameer Sondhi as Chief Revenue Officer (CRO).

Ionut joined MGI in 2019 and Sameer in 2020; both have long term experience in the digital advertising market. Ionut and Sameer will hold these roles in addition to serving in their current roles as Co-CEOs of MGI's ad-tech arm, Verve Group , and together, they have been responsible for the growth of Verve Group's highly successful programmatic advertising business. Their promotions within MGI reflect its gradual development into an ad software platform.

Apart from their respective CPO and CRO roles, as Co-CEOs, Ionut and Sameer will also further be responsible for the management of MGI's ad software platform. Ionut's focus as CPO will be on product innovation and building competitive advantages for MGI, including developing and improving innovative privacy-first advertising solutions, such as ATOM, Moments A.I. and Hybid Cloud. Sameer's focus as CRO will be on MGI's B2B revenue generation, further developing the Company's advertiser and publisher sales activities, as well as being responsible for running MGI's media business.

"Ionut and Sameer have done an outstanding job building our advertising technology business over the years." - Remco Westermann, CEO Media and Games Invest

Remco Westermann, CEO Media and Games Invest

"Ionut and Sameer have done an outstanding job building our advertising technology business over the years. They have excellent industry and product knowledge and are well-recognized within the advertising industry. Their appointment to the C-Level of MGI reflects our long-term focus on the advertising industry. Their appointment completes the management team and underscores our vision 2025 of becoming one of the top five leading ad-software platforms. "

About Ionut Ciobotaru, CPO MGI and Co-CEO Verve Group (1985)
Education/Background :
Ionut has a BS/MD in General Medicine and has 15+ years of experience in the advertising technology industry. Ionut Ciobotaru founded the mobile monetization platform PubNative, building advertising technologies for publishers to maximize their revenues. Early in his career, Ionut started the web development company Weebo and also held positions at Applift and Electronic Arts.
Holdings in the Company: 315,267 Shares and 700,000 Phantom Stocks

About Sameer Sondhi, CRO MGI and Co-CEO Verve Group (1974)
Education/Background :
Sameer Sondhi has a master's degree in Computer Science, an undergraduate degree in Electronics and 20+ years of experience in the mobile industry working with operators and media companies. Sameer held executive positions at InMobi, Opera Media, GroundTruth, Infospace, and LiveWire.
Holdings in the Company: 800,000 Phantom Stocks

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