PRESS RELEASE

PROSIEBENSAT.1 SHAREHOLDERS' MEETING ON 5 MAY 2022

MFE-MEDIAFOREUROPE WILL NOT PROPOSE ALTERNATIVE

CANDIDATATES FOR THE SUPERVISORY BOARD

MFE-MEDIAFOREUROPE with MEDIASET ESPANA as the major shareholder of ProsiebenSat.1 have decided not to propose alternative candidates for the Supervisory Board of ProsiebenSat.1 to be elected at the Shareholders' Meeting on 5 May 2022.

MFE-MEDIAFOREUROPE believes a potential public controversy on the composition of the Supervisory Board is not in the best interest of ProsiebenSat.1 and its stakeholders. MFE-MEDIAFOREUROPE would have preferred a transparent process in which the views of material shareholders on potential candidate profiles and diversity are heard ahead of election proposals made by the Supervisory Board. MFE-MEDIAFOREUROPE regards the upcoming Shareholders' Meeting as a starting point for more propitious and transparent relations with the shareholders of ProsiebenSat.1.

MFE-MEDIAFOREUROPE has further decided to support the proposed election of Andreas Wiele as member and future Chairman of the Supervisory Board of ProsiebenSat.1 in the upcoming Shareholders' Meeting. Andreas Wiele's election is considered as a first tangible signal of a change in the company's governance.

Due to a succession process which does not reflect the minimum standards of transparency and corporate governance practice used by all of Europe's leading listed companies, and without questioning such candidates' high skills and standing, MFE-MEDIAFOREUROPE has decided to abstain from the decision on the other candidates election which will, therefore, be left with the co-shareholders.

With these decisions, MFE-MEDIAFOREUROPE aims to support the new roadmap of ProsiebenSat.1 - a change that we hope will accelerate the creation of value under consideration of the company's identity and editorial independence.

Amsterdam - Cologno Monzese, 20 April 2022

Department of Communications and Media Relations

Tel. +39 022514.9301 e-mail:press@mfemediaforeurope.euhttp://www.mfemediaforeurope.com

Investor Relations Department Tel. +39 022514.8200 e-mail:investor.relations@mfemediaforeurope.euhttp://www.mfemediaforeurope.com

MFE-MEDIAFOREUROPE is an international holding company that brings together Europe's leading commercial broadcasters.

MFE-MEDIAFOREUROPE is based in Amsterdam, in the Netherlands, and fiscal resident in Italy. It controls Mediaset SpA and Mediaset España Comunicación (both fiscal resident in their respective countries) and is the main shareholder of the German broadcaster ProsiebenSat1.

MFE-MEDIAFOREUROPE is listed on the Milan Stock Exchange (Ticker: MFEA, MFEB)

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MFE-MEDIAFOREUROPE NV published this content on 20 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2022 13:14:01 UTC.