Gutersloh, - With his departure from the Executive Board of RTL Deutschland, Stephan Schafer is also leaving Bertelsmann's Group Management Committee (GMC). Upon his appointment as CEO of Gruner + Jahr in April 2021, Schafer had become a member of the committee, which reports directly to the Bertelsmann Executive Board and advises and supports it on matters of Group strategy and development. As a result, the GMC will from now on comprise 20 senior executives of eight different nationalities.

Thomas Rabe said: 'I would like to thank Stephan Schafer for his efforts on the Group Management Committee as well, and for the input he has given to the committee's work with his background in journalism and business. I wish him all the very best for the future and am pleased that he will continue to support our company in an advisory capacity.'

Stephan Schafer, 48, joined Gruner + Jahr in 2009 as Editor-in-Chief and Publishing Director. He took over the post of Chief Product Officer on the Executive Board in 2013. In February 2019, in addition to his duties at G+J, he was appointed Managing Director Content & Brands at RTL Deutschland. In this role, Schafer was responsible for RTL Deutschland's broadcaster portfolio, audio offerings, marketing, production management and program purchasing. He was appointed CEO of Gruner + Jahr in April 2021, and Co-CEO of RTL Deutschland in September of the same year.

Bertelsmann's Group Management Committee now comprises the following members:

Thomas Rabe, Chairman & CEO of Bertelsmann and CEO of RTL Group

Jan Altersten, Chief Executive Officer von Arvato Financial Solutions

Nuria Cabuti, CEO of Penguin Random House Grupo Editorial

Carsten Coesfeld, Chief Executive Officer of Bertelsmann Investments

Matthias Dang, Co-CEO of RTL Deutschland

Markus Dohle, CEO of Penguin Random House

Elmar Heggen, COO and Vice Chairman of RTL Group

Rolf Hellermann, Chief Financial Officer of Bertelsmann

Immanuel Hermreck, Chief Human Resources Officer of Bertelsmann

Dirk Kemmerer, CEO of Bertelsmann Printing Group

Kay Krafft, CEO of Bertelsmann Education Group

Annabelle Yu Long, Managing Partner of Bertelsmann Asia Investments

Hartwig Masuch, CEO of BMG

Madeline McIntosh, CEO of Penguin Random House U.S.

Shobhna Mohn, Chief Strategy Officer Bertelsmann Investments

Jennifer Mullin, CEO Fremantle

Gail Rebuck, Group Creative Coordinator press@bertelsmann.com page 2 of 2 www.bertelsmann.com

Frank Schirrmeister, CEO of Arvato Supply Chain Solutions

Karin Schlautmann, Executive Vice President Corporate Communications at

Bertelsmann

Nicolas de Tavernost, Chairman of the Executive Board of Groupe M

About Bertelsmann

Bertelsmann is a media, services and education company that operates in about 50 countries around the world. It includes the entertainment group RTL Group, the trade book publisher Penguin Random House, the music company BMG, the service provider Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group and Bertelsmann Investments, an international network of funds. The company has 145,000 employees and generated revenues of EUR18.7 billion in the 2021 financial year.

Bertelsmann stands for creativity and entrepreneurship. This combination promotes first-class media content and innovative service solutions that inspire customers around the world. Bertelsmann aspires to achieve climate neutrality by 2030.

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Markus Harbaum

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Phone: +49 5241 80-24 66

markus.harbaum@bertelsmann.de

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