GRUPO CLARIN S.A.

Subsidiary Inversora de Eventos S.A. sells Auto Sports S.A.

On 10 February 2022, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that on 9 February 2022 its subsidiary Inversora de Eventos S.A. ("IESA", the "Seller") had received and accepted a binding offer from Tango Sports Team SRL the "Buyer") whereby the buyer acquired from IESA all its shares participation of Auto Sports S.A., representing 95.76% of the capital stock and votes of Auto Sports S.A. (the "Shares").

According to terms and conditions of the offer, the closing date for the payment of shares was arranged on 31 March 2022, and the purchase price that IESA will receive in accordance with the transaction amounts USD 957,598.69 (United States Dollars nine hundred fifty seven thousand five hundred ninety eight with 69/100).

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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Disclaimer

Grupo Clarin SA published this content on 10 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 February 2022 16:17:03 UTC.