Jan 30, 2023

01/30/2023 | 04:37pm EST Message : PIER SILVIO BERLUSCONI: «MFE WILL HAVE TOTAL CONTROL OF THE SPANISH AND ITALIAN BUSINESSES IN ADDITION TO BEING THE MAIN SHAREHOLDER OF PROSIEBEN-SAT1 IN GERMANY» The Boards of Directors of MFE-MEDIAFOREUROPE N.V. and Mediaset España Comunicación S.A. today approved the cross-border merger plan of Mediaset España Comunicación into MFE-MEDIAFOREUROPE. Meeting of the Shareholders of both companies will be called to approve the merger, presumably in March 2023. Statement from Pier Silvio Berlusconi, CEO of MFE-MEDIAFOREUROPE: "The process of developing MFE-MEDIAFOREUROPE into a pan-European media group is proceeding as planned. The merger approved today, despite recent difficulties posed by the pandemic and the economic crisis generated by the conflict in Ukraine, is a step towards the construction of a European television hub capable of facing international competition with adequate scale and economic solidity. On completion of the merger, MFE-MEDIAFOREUROPE will have total control of the company's Spanish and Italian operations, as well as being the main shareholder of the German listed broadcaster ProSieben-Sat1. This is further confirmation of the project for the progressive multi-country consolidation. A new group of national TV companies focused on the production of local content that will also be able to build a large-scale technological and commercial platform at European level." Amsterdam - Madrid, 30 January 2023 Department of Communications and Media Relations Tel. +39 022514.9301