DGAP-PVR: ProSiebenSat.1 Media SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Dear Sir or Madam, 

Reference is made to my voting rights notification pursuant to sections 33 et seqq. of the German Securities Trading Act (Wertpapierhandelsgesetz - WpHG) dated 14 January 2022 concerning ProSiebenSat.1 Media SE. 

On 14 January 2022, the threshold of (i) 20% of the voting rights resulting fom shares in ProSiebenSat.1 Media SE in total as well as (ii) 10% of the voting rights resulting from shares in ProSiebenSat.1 Media SE directly held by Mediaset España Comunicación, S.A was exceeded. Therefore, l hereby, making this notification also on behalf of the controlled undertakings as referred to under section 8 of the voting rights notification dated 14 January 2022 

• Finanziaria d'investimento Fininvest S.p.A. (Milan, ltaly), 
• MFE-MEDIAFOREUROPE N.V. (Cologno Monzese, Italy) and 
• Mediaset España Comunicación S.A. (Madrid, Spain), 

notify you pursuant to section 43 para. 1 WpHG of the objectives pursued with the acquisition of voting rights and the origin of the funds used to make the acquisition as follows: 

I. Objectives pursued with the acquisition:

1. The acquisition of the voting rights in ProSiebenSat.1 Media SE serves to implement long-term strategic objectives.
2. Depending on market conditions, the share price and possible strategic options and subject to regulatory approvals, if any, it is intended to acquire further voting rights in ProSiebenSat.1 Media SE within the next twelve months by purchase or otherwise, including voting rights subject to instruments already held.
3. lt is currently not intended to exercise influence on the appointment or removal of members of the administrative, managing and supervisory bodies of ProSiebenSat.1 Media SE, other than by the exercise of voting rights in the general meeting of ProSiebenSat.1 Media SE. Depending on future voting proposals by the supervisory board of ProSiebenSat.1 Media SE for the election of supervisory board members, it may be decided to make use of the possibility of each shareholder under the stock corporation law to submit own election proposals.
4. lt is currently not intended to materially change the capital structure of ProSiebenSat.1 Media SE, in particular regarding the ratio of equity and debt and the dividend policy.

II. Pursuant to section 43 para. 1 sent. 4 WpHG,
I hereby notify you that Mediaset España Comunicación, S.A. used equity to acquire the voting rights in ProSiebenSat.1 Media SE as referred to in the voting rights notification of 14 January 2022. Regarding my person, Finanziaria d'investimento Fininvest S.p.A. and MFE-MEDIAFOREUROPE N.V., the acquisition occurred due to the atttribution of voting rights in accordance with section 34 para. 1 sent. 1 no. 1 WpHG. Therefore, neither equity nor debt capital has been used.

With best regards,

Silvio Berlusconi