Page 1

THIS PRESS RELEASE AND ANY INFORMATION CONTAINED HEREIN MAY NOT BE PUBLISHED OR DISTRIBUTED , EITHER DIRECTLY OR INDIRECTLY , IN WHOLE OR IN PART , IN CANADA , SOUTH AFRICA , AUSTRALIA , JAPAN , OR IN ANY JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE LEGALLY PROHIBITED . GRUPPO MEDIASET PRESS RELEASE Mediaset Board Meeting 14 September 2021 APPROVAL FOR FIRST HALF RESULTS 2021 : VERY POSITIVE FIGURES , EVEN BETTER THAN THE SAME PERIOD OF 2019 Mediaset Group Net revenues : of € 1,387.2 million Operating profit ( EBIT ) € 198.7 million Net profit : € 226.7 million Free cash flow : up to € 274.7 million TV ratings : Mediaset channels strengthen their leadership in the commercial target in both Italy and Spain The Board of Directors of Mediaset , which met today under the Chairmanship of Fedele Confalonieri , has approved the company's Interim Report of the first half of the year to 30 June 2021 . Despite a context that remains conditioned by the health emergency in both Italy and Spain , the Mediaset Group closed the first half of 2021 with a significant increase in its results , not only compared with the same period of 2020 but also compared with the first half of 2019 , a period not yet affected Covid . Advertising revenues saw steady growth ( in Italy sales increased for the fourth consecutive quarter ) , there were significant improvements in both operating and net profit , while debt fell and cash generation grew . Also of note is the effective control of operating costs , slightly up compared with the first half of 2020 - frozen by the first lock - down - but decidedly lower than those of the same period of 2019 . Television ratings were also excellent , demonstrating the central role of TV in the life of the country , both in terms of information and the ability to entertain and unite the public : an audience success that further strengthened the clear leadership of Mediaset channels in the commercial target . The following is a summary of the Group's performance during the period . • Net revenues amounted to € 1,387.2 million , compared with the € 1,166.4 million of the first half of 2020. In Italy , total revenues came to € 963.7 million , compared with € 791.3 million in the same period last year . In Spain revenues came to € 423.6 million , compared with € 375.1 million in the same period of the previous year . The positive trend in advertising revenues in both geographical areas was decisive , with Spain recording sales of € 406.1 million , compared with € 325.1 million in the previous six months . In Italy , meanwhile , the figure was € 979.9 million ( + 31.7 % ) , compared with € 744.2 million in the same period of 2020 . 1