GRUPO CLARIN S.A.

Shareholder sues subsidiary Pol Ka Producciones S.A.

On 13 May 2021, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that its subsidiary Arte Radiotelevisivo Argentino S.A. had been informed by its subsidiary Pol Ka Producciones S.A. ("Pol Ka") that Pol Ka had been served notice of a claim filed against it by one of its shareholders, in re "Blanco, Fernando v. Pol-Ka Producciones S.A. on Ordinary Proceeding" (File No. 9979/2020), pending before the National First Instance Court on Commercial Matters No. 3, Secretariat No. 6 of the City of Buenos Aires. Pol Ka was served notice of the decision of Chamber A of the National Court of Appeals to suspend Pol Ka's shareholders' resolution to increase the equity of Pol Ka from Ar$ 8,269,108 to up to Ar$ 51,500,000 (nominal value), to amend Article Five of Pol Ka's bylaws and to authorize certain individuals to register such resolutions with the Corporate Registry which had been adopted at Pol Ka's shareholders' meeting held on 13 July 2020. Pol Ka infomed that it had proceeded immediately to request that the suspension be lifted and to appeal the court's decision if its request was denied.

Enquiries:

In Buenos Aires:

Samantha Olivieri / Valentina López

Grupo Clarín

Tel: +5411 4309 7215

Email:investors@grupoclarin.com

In London:

Alex Money

Jasford IR

Tel: +44 20 3289 5300

Email:alexm@jasford.com

In New York:

Camilla Ferreira / Marcella Ewerton

Fig Corporate Communications

Tel: +1 917 691 4047

Email:fig@fig.ooo

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Grupo Clarin SA published this content on 13 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 May 2021 19:03:03 UTC.