MANGO Announces That Jonathan Andic Is Temporarily Stepping Away from His Responsibilities at the Company

• In an internal communication, the company’s Chairman and Chief Executive Officer, Toni Ruiz, conveyed to Jonathan his utmost respect, understanding and support, while also reaffirming the strength and significance of MANGO as a business.
• The members of the Board of Directors unanimously endorse Mr. Ruiz’s remarks and join the Andic Family in expressing their support for Jonathan. They further express their full confidence that the legal proceedings will be resolved favourably and trust that this will happen as swiftly as possible.

MANGO announces that Jonathan Andic has decided to temporarily step away from his responsibilities within the company, as he explained in an open letter issued today.

In an internal communication addressed to MANGO employees, Chairman and Chief Executive Officer Toni Ruiz conveyed to Jonathan Andic his utmost respect, understanding and support. In his message, Ruiz also reaffirmed the strength and significance of MANGO’s success story, stating that “the company is in the strongest moment of its history. We have the full support and long-term vision of our shareholders, a clear, unique and differentiated strategy, and a corporate governance model aligned with the highest standards”.

Ruiz also noted that “MANGO is a leading company worldwide, with a team of more than 18,000 people globally and a presence in over 120 countries. The company’s positive performance and sustained growth are a direct result of your commitment, professionalism and dedication”.

Ruiz also expressed his gratitude for the many messages of care and support that MANGO has been receiving in recent days from around the world. He also encouraged everyone across the company to remain united and continue driving MANGO’s legacy forward with ambition.

For its part, the members of the Board of Directors unanimously endorse Mr. Ruiz’s remarks and join the Andic Family in expressing their support for Jonathan. They further express their full confidence that the legal proceedings will be resolved favourably and trust that this will happen as swiftly as possible.