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3.- In the case of the Chief Executive Officer, Silvio González, executive director, all the
professional activities indicated are performed at companies owned by the Atresmedia Group
and, therefore, no situation of competition arises. In all cases, he acts as representative of the
legal entity holding the position of sole director, which may be Atresmedia Corporación de
Medios de Comunicación, S.A. itself or any of its subsidiaries. Each of these subsidiaries has its
ownmanagement team.
4.- The inclusion of this information in the Company’s consolidated financial statements
complies with the provisions of Article 230 of the Spanish Limited Liability Companies Law on
the notification of activities to the Annual General Meeting and the obtainment of its express
authorisation.
The other directors, JoséManuel Lara Bosch, Maurizio Carlotti, Mauricio Casals Aldama, Aurora
Catá Salas, José Creuheras Margenat, María Entrecanales Franco and Pedro Ramón y Cajal
Agüeras have notified the Company that, at 31 December 2013, they did not perform any
activities as independent professionals or employees that were identical, similar or
complementary to the activity that constitutes the company object of Atresmedia Corporación
deMedios de Comunicación, S.A.
28.Events after the reportingperiod
On 19 February 2014, the Parent, through a relevant event communication and subsequent to
a resolution of its Board of Directors, announced a partial novation of the integration
agreement entered into on 14 December 2011 with Gestora de Inversiones Audiovisuales La
Sexta, S.A. ("La Sexta") and its shareholders, which set the terms and conditions for the
integration of La Sexta into the Atresmedia Group through a merger by absorption.
Specifically, the novation of the agreement relates to the terms and conditions regarding the
"Additional Ownership Interest", whereby La Sexta shareholders were granted the right to
receive an additional ownership interest of 7% of the share capital of Atresmedia Corporación
de Medios de Comunicación, S.A., conditional upon the Atresmedia Group's earnings
performance from 2012 to 2016, inclusive.
Under the novation, Atresmedia Corporación agreed, with Gamp Audiovisual S.A. and Imagina
Media Audiovisual, S.L., to bring forward and definitively adjust the delivery of the additional
ownership interest that would correspond to these companies. Accordingly, on 24 February
2014 they were delivered, with a charge to treasury shares, ownership interests in Atresmedia
Corporación de Medios de Comunicación, S.A. equal to 2.079% and 1.631% of its share
capital, respectively.
As a result of the negotiation process for this agreement and forming part thereof, other
agreements were reached with Gamp Audiovisual, S.A. and Imagina Media Audiovisual, S.L.
consisting of the cancellation of their proportional share of the financial derivative agreement
described in Note 9 and of the definitive conclusion of other matters relating to the guarantees
and obligations under the integration agreement entered into for the merger with Gestora de
Medios Audiovisuales la Sexta, S.A. (see Note 13).
The recognition of all these transactions will give rise to an estimated reduction of EUR 13,631
thousand in the shareholders' equity of the Parent in the financial statements for 2014.
