ProSiebenSat.1 Annual General Meeting approves all agenda items by clear majority

ProSiebenSat.1 Annual General Meeting approves all agenda items by clear majority

Unterf hring, June 1, 2021. The Annual General Meeting of ProSiebenSat.1 Media SE was held today in Unterf hring. Because of the pandemic environment, the event again took place virtually, without the physical presence of shareholders or their proxies. The Group therefore decided to broadcast the event online from its in-house Galileo studio.

Rainer Beaujean, Chairman of the Executive Board of ProSiebenSat.1 Media SE, commented at today's Annual General Meeting: We have led ProSiebenSat.1 safely through the COVID-19 crisis and are now optimistic about the rest of the year. Our focus is to further leverage the synergies within the Group and to expand our diversification, with the aim of growing sustainably and profitably in all segments. Above all, we want to improve profitability and cash flow in order to create even more value now and in the future for all our stakeholders.

At today's Annual General Meeting, the shareholders of ProSiebenSat.1 Media SE resolved to distribute a dividend of 50% of adjusted net income for financial year 2020. This corresponds to EUR 0.49 per share and a total payout of around EUR 111 million. The dividend will be paid out on June 7, 2021. ProSiebenSat.1 Media SE is thus continuing its general dividend policy.

In other agenda items, this year's Annual General Meeting granted discharge to the Executive Board and Supervisory Board for financial year 2020 by a clear majority and approved the remuneration system for the members of the Executive Board. All other proposed resolutions requiring approval were likewise adopted by a clear majority.

Rainer Beaujean commented on the results of the votes: The high level of approval underscores our shareholders' confidence in the Executive Board and our Company's strategy. ProSiebenSat.1 is so much more than a pure media company. We have been digitalizing and diversifying our business for years and thus clearly developing into a digital group. We will continue this path consistently.

The shareholders had submitted a total of over 260 questions prior to the Annual General Meeting, some of which comprised several individual questions. Additionally, the shareholders also had the opportunity to submit follow-up questions during the discussion. The Executive Board and Supervisory Board answered all of the submitted questions.

Further information on the Annual General Meeting, including an overview of the voting results, can be found at: https://www.prosiebensat1.com/en/annual-general-meeting

Photos are available for download here: https://www.prosiebensat1.com/en/newsroom/downloads/photos-events

LINK:	https://en.prosiebensat1.com/en/press/prosiebensat-1-annual-general-me...
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