Annual And Corporate Responsibility Report 2017

1. LETTER FROM THE CHAIRMAN 4 2. MESSAGE FROM THE CHIEF EXECUTIVE OFFICER 11 3. THE YEAR AT A GLANCE 18 4. ABOUT US 27 4.1. Group overview 27 4.1.1. Mission, vision and values 27 4.1.2. Subsidiaries 28 4.1.3. Management team 29 4.1.4. Ownership structure 30 5. WHAT DOWE DO? 33 5.1. Our business environment 33 5.2. Material issues 36 5.2.1. Materiality analysis overview 36 5.2.2. Materiality matrix 37 5.2.3. Link between material issues and report content 38 5.3. Business model and strategy 40 5.3.1. Strategy and description of priorities 41 5.3.2. Activity overview 43 5.3.3. Major stakeholders 72 5.3.4. Corporate responsibility 74 5.3.5. Management quality 77 5.4. Ethics management 79 6. GOVERNANCE AND DECISION-MAKING PROCESSES 83 6.1. General Meeting 86 6.1.1. Powers, procedure, performance 86 6.1.2. Right to attend, delegation and voting 86 6.2. Board of Directors 87 6.2.1. Membership, powers, procedure and performance 87 6.2.2. Assessment and remuneration 91 6.3. Board committees 93 6.3.1. Executive Committee 93 6.3.2. Audit and Control Committee 93 6.3.3. Appointments and Remuneration Committee 94 6.4. Risk management 95 6.4.1. Risk management and control system 95 6.4.2. Main risks materialising in 2017 99 6.4.3. Cybersecurity and data protection 100 6.5. Compliance system 102 This report was approved by the Board of Directors of Atresmedia Corporación de Medios de Comunicación, S.A. on 21st March 2018. Point of contact for issues concerning the content and process of definition of the Annual and Corporate Responsibility Report: Atresmedia, Corporate Communications Department Av. Isla Graciosa nº 13, San Sebastián de los Reyes CP 28703 (Madrid) comunicacion@atresmedia.com responsabilidad.corporativa@atresmedia.com Tel: (+34) 91 623 05 00 Contents | 2 |   ATRESMEDIA  |  ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2017