NON-FINANCIAL STATEMENT 2022

Letter from the chairman

We address all of you – our advertisers, audience, employees, shareholders and suppliers – to look back and reflect on the events that unfolded in 2022, and how they affected Atresmedia and society as a whole.

It was a year marked by the conflict in Ukraine and the ensuing political and economic fallout, most notably the energy and supply crisis and rampant inflation. Our stakeholders and economic activity have been severely affected in the aftermath of this humanitarian disaster, which has called for immense resilience and responsiveness on the part of society as a whole, including the business community.

As we already demonstrated during the COVID-19 crisis, at Atresmedia our robust strategy and the resolve shown by all of us were once again crucial in helping us to overcome this arduous situation and achieve remarkable results. This just goes to show that we are a strong group capable of making it through such difficult periods.

At Atresmedia we see to it that our content and formats reflect the society in which we operate. We also promote critical thinking, reflection and empathy, all essential virtues for moving towards a fairer, more sustainable and democratic society. We always seek to adapt to the needs of our audience, as audiovisual consumption habits continue to evolve and the regulation of our sector continues to grow. However, we do this without ever forgetting our intrinsic values and while upholding the standards of quality and rigour that have come to define us over the years.

The excellent audience figures cemented our status as the leading audiovisual group in Spain in 2022 and are a testament to the success of our business model and strategy. Antena 3 was again leading channel by audience numbers throughout the entire year and the most watched channel during the most popular time slots of the day, namely the afternoon, evening and prime time slots. At the same time, laSexta held on to its lead over its closest rival and was the third most watched private channel in 2022. The Group’s specialty channels, Nova, Neox, Mega and Atreseries, continued to climb the ranks in their respective categories. Meanwhile, ATRESplayer ended another year as the leading OTT platform, with more than 2.6 million unique visitors, thanks to its strong value proposition.

For Antena 3, viewers not only have an impeccable news service in the form of Antena 3 Noticias – the undisputed leader for five years in a row – but also fabulous entertainment such as El Hormiguero 3.0, Tu cara me suena, Pasapalabra, La Voz, La Ruleta de la Suerte and El Desafío, and new programmes, such as the successful launch of Joaquín el Novato, which continued to enjoy high audience ratings.

As for our commitment to informing audiences, I would like to highlight the magnificent work of our newsrooms and journalists, who did a splendid job in bringing the social, political and economic reality closer to society through programmes such as Espejo Público, Al Rojo Vivo and El Objetivo de Ana Pastor. They made Atresmedia Televisión the media of choice for Spaniards after the very latest news, as reflected in the prestigious Digital News Report 2022, drawn up by the Reuters Institute for the Study of Journalism and the University of Oxford.

Naturally, the public service nature of our television model extends also to our radio formats. Atresmedia Radio was recognised for sitting right on the cutting edge in delivering audio content that keeps up with the latest trends and events. Onda Cero displayed a clear commitment to getting closer to its listeners by increasing the time devoted to local and regional news, while Europa FM and Melodía FM continued to convey a positive and upbeat message. We are aware that there is now considerable demand for these services through digital platforms. With this in mind, we brought new listeners to our radio stations during the year through our website and apps. We also created Sonora, our brand new audio platform in Spanish, which aims to transform the way in which audio entertainment is consumed and has already found its feet in a matter of months.

All these achievements, on top of those obtained by our advertising and diversification divisions, and the excellent results of our film and educational projects make us rightfully proud and encourage us to continue generating and broadcasting factual information and quality entertainment that respects the society in which we live and reflects its inherent diversity.

Our commitment to stakeholders lies at the heart of our business model and the tireless work of our employees is a key part of this. People make Atresmedia Group what it is today, and our entire team has my utmost respect and gratitude. Their commitment and ability to adapt to different emerging contexts has been key to the Group’s ongoing success, especially in such a tumultuous year as 2022. Allow me also to spare a few words for our advertisers, without whom we would have no reason or way to exist. Once again in 2022, we remained firmly committed to professionalism and quality, along with innovation in advertising formats.

When it comes to our digital media, including our ATRESplayer platform, it is important for us to deliver trust and offer a safe environment for our advertisers that minimises their risks and helps them reach out to a diverse audience.

Sustainability has always been part of our corporate culture and in 2022 we continued our efforts to weave it into all our areas of activity, in the conviction that sustainability is key to building a stronger group and for the good of society, and that it further strengthens the symbiotic relationship between Atresmedia and the public.

On this point, I would be remiss not to mention the invaluable work of our foundation, Fundación Atresmedia, which has devoted itself to promoting media and information literacy by providing children, young people and educators with all the tools they need to make responsible use of information, having enjoyed resounding levels of success in all its projects. As I have had occasion to point out in previous years, it bears repeating that Atresmedia Group remains committed to aligning its actions with the principles of the United Nations Global Compact, the Sustainable Development Goals (SDGs) and the 2030 Agenda. We are aware of the positive impact that our company can make through its actions on both our employees and the broader society. We therefore continue to support initiatives that have proven their social worth, such as Ponle Freno, Constantes y Vitales, Tolerancia Cero, Crea Cultura and Levanta la Cabeza. We also continue to promote our now well-established Corporate Volunteering Programme, through which our employees are able to learn about and contribute to various worthy social causes.

We are also firmly committed to environmental protection and the fight against climate change, even though audiovisual activity does not have a significant impact on the environment. Along these lines, we drew up our Net Zero strategy during the year as part of our pledge to achieve net zero carbon emissions by 2050. Our reduction targets are based on scientific criteria and are aligned with the Science Based Targets initiative (SBTi), as we seek to keep global warming below 1.5° C.

It gives me immense satisfaction to be able to thank you, once again this year, for the trust you continue to place in our group. Without you — our shareholders, advertisers, employees, suppliers and audiences — neither Atresmedia as a whole nor any of its component parts would be the leading audiovisual and business group we are now. Rest assured that I remain firmly committed to promoting and upholding our values as a Group and to providing quality content across all our formats and lines of activity.