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Aligned with the Corporate Responsibility recommendations of the new

Good Governance Code from the CNMV

In line with the Group’s commitment to Corporate Responsibility and aware of growing

external demand for transparency from businesses concerning mechanisms that ensure

responsible and committed conduct with regard to sustainability, in 2015,

Atresmedia

decided to incorporate the CSR recommendations of the CNMV’s Code of Good

Governance into its Corporate Responsibility strategy.

As a consequence,

Atresmedia

has drafted a new General Policy of Corporate

Responsibility which responds to the new requirements of the document and which

endows the Organisation with a formal tool to continue making progress in the effective

integration of Corporate Responsibility.

The content of this new General Corporate Responsibility Policy is the result of the

evolution experienced in this field at

Atresmedia

since the first steps were taken in 2004,

and it is structured in five parts:

a.

The description of the

Atresmedia

CR focus.

b.

The objective of the policies and commitments of the Group in CR matters.

c.

The values and principles applied in each of the objectives in order to achieve them.

d.

The mechanisms of supervision, control and application of the policy.

e.

The interpretation, approval and dissemination of the policy.

The Policy was supervised by the Audit and Control Committee and approved by the

Board of Directors in October 2015.

For further information on Corporate Responsibility:

http:// www.atresmediacorporacion.com/a3document/2010/12/27/ DOCUMENTS/00009/00009.pdf

Active dialogue with stakeholders

For the purpose of identifying the most important economic,

social and environmental aspects for its stakeholders,

Atresmedia

regularly carries out studies where their

representatives can freely express their concerns and interests.

In 2014, Atresmedia conducted a survey among more than 3,000

representatives of the main stakeholders of the Group, receiving

274 responses. As a complement to this survey, in 2015 the

company performed follow-up work, in which the

CR Committee

of Atresmedia

has delved further into the prioritisation of each

aspect.

This new study has identified aspects such as “quality of

content”, “social action” and “protection of minors” as aspects

with a very high priority for the

Group

.

In 2015, the

CR Committee

of Atresmedia

conducted a new

materiality study

which delved

further into the

prioritisation of

relevant aspects

for stakeholders

G4-18

ATRESMEDIA

| ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2015 |

ATRESMEDIA

|

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