Corporate Governance Report

F.5.1.

The ICFR supervision activities undertaken by the Audit Committee and an internal audit

function the competencies of which include supporting the Audit Committee in its role

of monitoring the internal control system, including the ICFR: Likewise, information will

be provided on the scope of the evaluation of the ICFR system performed in the year

and of the procedure whereby the person in charge of performing the assessment

notifies his/her results, if the entity has an action plan detailing the possible remedial

measures, and if their impact on financial reporting has been considered.

The Audit and Control Committee is the body responsible for the supervision of the

policies and procedures, the preparation and integrity of the financial information, as

well as for the adequate definition of the consolidation scope and the correct

application of accounting principles.

The Internal Audit and Process Control area has been delegated, among others, the

function of supervising the internal control system by the Audit and Control Committee.

This area carries out periodic reviews of business cycles at Group and subsidiary level,

and proposes corrective action plans that are communicated to the Atresmedia Group's

Senior Management and to the Audit and Control Committee.

F.5.2.

State whether a discussion procedure exists whereby the auditor (pursuant to TAS), the

internal audit function and other experts can report any significant internal control

weaknesses encountered during their review of the financial statements or other

assignments to the Company’s senior management and its Audit Committee or Board of

Directors: Likewise, information will be provided as to whether an action plan exists to

endeavour to correct or mitigate the weaknesses observed.

The external accounts auditor, the Financial Division and the Internal Audit and Process

Control Division meet in accordance with the meetings' schedule established and/or if

any relevant matter exists, with the Audit and Control Committee and informs it of the

main aspects detected in the review area and of the functions commissioned to each of

these divisions.

The Audit and Process Control Division has periodically informed the Audit and Control

Committee about the evolution and progress of the action plans to be implemented

progressively in relation to the ICFR.

F.6

Other significant information

No.

F.7

External auditors' report

Report on:

Whether the information on the ICFR submitted to the markets was presented for review by the

external auditor, in which case, the entity should include the corresponding report as an appendix.

Otherwise, it should state why.

The ICFR information has not been submitted with respect to the external auditors’ report.

However, the external auditor has access to the Group's Risk and Control System and accordingly,

to all the ICFR mechanisms, and may assess its functioning to the extent required for its audit work

and to obtain its conclusions.

DEGREE OF COMPLIANCE WITH CORPORATE GOVERNANCE RECOMMENDATIONS

Indicate the degree of Company compliance with the Code of Best Practice recommendations for listed

companies:

In the event a recommendation is not followed or is only followed partially, a detailed explanation should

be included of the motives in order that the shareholders, investors and the market in general have

sufficient information to assess the Company's line of action. Explanations of a general nature will not be

acceptable.