Q3 2015 Press Presentation | October 29, 2015 | | Page 1 October - PowerPoint PPT Presentation

October 29, 2015 Q3 2015 Press Presentation | October 29, 2015 | | Page 1

October 29, 2015 Q3 2015 At a Glance Thomas Ebeling Chief Executive Officer | October 29, 2015 | | Page 2

1 2 3 4 Q3 2015 – At a Glance Key financials – Q3 2015 [Q3 2015 vs. Q3 2014, in EURm] ✔ +17.2% Revenues 747.1 ✔ +9.1% Recurring EBITDA 177.8 ✔ +4.8% Underlying net income 78.3 | October 29, 2015 | | October 29, 2015 | | Page 3 | Page 3 Continuing operations

1 2 3 4 Q3 2015 – At a Glance Continued dynamic growth across all three business segments Broadcasting Content Production Digital & Adjacent German-speaking & Global Sales Ventures & Digital TV advertising Distribution Adjacent Commerce Entertainment Revenue growth vs. Q3 2014 +5.2% +7.5% +40.4% +26.2% -4.9% +6.3% +31.0% +79.9% +EUR 27.5m +EUR 49.2m +EUR 32.9m | October 29, 2015 | | October 29, 2015 | | Page 4 | Page 4 Continuing operations

1 2 3 4 Q3 2015 – At a Glance Major operational highlights ✔ Best 9M TV ratings performance in the last ten years ✔ ProSiebenSat.1 with positive TV ad performance in Q3 2015 ✔ Leading Nordic online travel agency Etraveli acquired ✔ Sports ecosystem initiated with 90MIN and Eversports ✔ Powerful US additions to Red Arrow’s digital and non -scripted portfolio | October 29, 2015 | | October 29, 2015 | | Page 5 | Page 5

1 2 3 4 Q3 2015 – At a Glance Degree of achievement of new 2018 targets 2012-18 revenue growth target, degree of achievement Current CMD 2018 target [achievement based on 9M 2015, in EUR m] Achievement by 9M 2015 X% Target achievement in % 56% 33% 67% 42% 1,850 1,200 46% Linear extrapolation of new 2018 target 375 275 784 392 209 183 Broadcasting Digital & Adjacent Content Production German-speaking & Global Sales | October 29, 2015 | | October 29, 2015 | | Page 6 | Page 6 Continuing operations

1 2 3 4 Q3 2015 – At a Glance We confirm our 2015 segment revenue growth assumptions… Broadcasting Content Production 1 2 3 Digital & Adjacent German-speaking & Global Sales Revenues double-digit Low to mid single- low double- vs. growth digit growth digit growth FY 2014 | October 29, 2015 | | October 29, 2015 | | Page 7 | Page 7 Continuing operations

1 2 3 4 Q3 2015 – At a Glance … and raise our positive full-year guidance ✔ Low double-digit Group revenue growth ✔ Ad performance at least in line with positive net TV ad market ✔ Digital & Adjacent with double-digit revenue growth ✔ Recurring EBITDA and underlying net income above prior year | October 29, 2015 | | October 29, 2015 | | Page 8 | Page 8 Continuing operations

October 29, 2015 Q3/9M 2015 Financial Performance Review Dr. Gunnar Wiedenfels Chief Financial Officer | October 29, 2015 | | Page 9

1 2 3 4 Q3/9M 2015 – Financial Performance Review Q3 2015: continued high single-digit recurring EBITDA increase Consolidated revenues Recurring EBITDA [in EUR m] [in EUR m] +17.2% 747.1 800 300 +9.1% 637.5 600 177.8 200 162.9 400 100 200 0 0 Q3 2014 Q3 2015 Q3 2014 Q3 2015 Recurring EBITDA margin: 23.8% (-1.8%pts) | October 29, 2015 | | October 29, 2015 | | Page 10 | Page 10 Continuing operations

1 2 3 4 Q3/9M 2015 – Financial Performance Review 9M 2015: strong revenue and recurring EBITDA improvement Consolidated revenues Recurring EBITDA [in EUR m] [in EUR m] +13.8% +8.8% 2,500 800 2,174.2 1,909.7 568.1 2,000 522.2 600 1,500 400 1,000 200 500 0 0 9M 2015 9M 2014 9M 2015 9M 2014 Recurring EBITDA margin: 26.1% (-1.2%pts) | October 29, 2015 | | October 29, 2015 | | Page 11 | Page 11 Continuing operations

1 2 3 4 Q3/9M 2015 – Financial Performance Review Q3/9M 2015: Group P&L – improvement of all key metrics [in EUR m] Q3 2015 Q3 2014 y-o-y 9M 2015 9M 2014 y-o-y Revenues 747.1 637.5 +17.2% 2,174.2 1,909.7 +13.8% Recurring EBITDA 177.8 162.9 +9.1% 568.1 522.2 +8.8% Non-recurring items -11.4 -6.0 +89.4% -30.3 -20.7 +46.3% EBITDA 166.4 156.9 +6.0% 537.8 501.5 +7.2% Depreciation and amortization -35.0 -31.5 +11.0% -96.5 -88.8 +8.7% Operating result (EBIT) 131.4 125.4 +4.8% 441.3 412.7 +6.9% Financial result -1.5 -22.9 -93.7% -49.7 -105.3 -52.8% Thereof interest result -22.7 -22.2 +2.7% -63.1 -75.3 -16.1% Earnings before tax (EBT) 130.0 102.5 +26.8% 391.6 307.4 +27.4% Net income 1) 73.1 67.3 +8.6% 252.1 205.7 +22.6% Underlying net income 78.3 74.7 +4.8% 266.4 238.5 +11.7% | October 29, 2015 | | October 29, 2015 | | Page 12 | Page 12 Continuing operations. 1) Result for the period attributable to shareholders of P7S1 Media SE

1 2 3 4 Q3/9M 2015 – Financial Performance Review Updated financial targets for 2015 low double-digit 1) Group revenue growth above prior year Recurring EBITDA above prior year Underlying net income 1.5x – 2.5x Financial leverage | October 29, 2015 | | October 29, 2015 | Continuing operations 1) previously “high single - digit” | Page 13 | Page 13

October 29, 2015 Broadcasting German-speaking TV Performance Thomas Ebeling Chief Executive Officer | October 29, 2015 | | Page 14

1 2 3 4 Broadcasting German-speaking / TV Performance Strong ratings growth across German-speaking markets Audience share (A14-49) [in %] Q3 2014 Q3 2015 29.3% 30.1% Germany 22.1% 23.5% Austria 17.7% 17.9% Switzerland Basis for GER: All German TV households (Germany + EU), A 14-49 years; Mon-Sun, full day 3-3h. Source: AGF in cooperation with GfK / TV Scope / ProSiebenSat.1 TV Deutschland. Basis for CH: D-CH; A 15-49; Mon-Sun, full day. | October 29, 2015 | | October 29, 2015 | | Page 15 | Page 15 Source: Mediapulse TV-Panel. Basis for A: A 12-49; Mon-Sun, full day 3-3h, P7 MAXX Austria and S1 Gold Austria (both from Jul 15, 2014, onward). Source: AGTT / GfK: Fernsehforschung / Evogenius Reporting.

1 2 3 4 Broadcasting German-speaking / TV Performance Best 9 months ratings performance in the last ten years Audience share (A14-49) [9M, in %] 29.5 28.6 28.6 28.6 28.4 28.3 27.9 27.9 27.7 27.6 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Basis: All German TV households (Germany + EU), A 14-49 years, Mon-Sun, full day 3-3h; P7S1 w/o N24 & w/o | October 29, 2015 | | October 29, 2015 | | Page 16 | Page 16 | Page 16 9live, sixx since Feb. 1, 2011, SAT.1 Gold since Jan. 17, 2013, ProSieben MAXX since Sept. 3, 2013. Source: AGF in cooperation with GfK/TV Scope/P7S1 TV Deutschland.

1 2 3 4 Broadcasting German-speaking / TV Performance New Disney volume deal fortifies access to top license supply Examples NEW Features Series (sitcoms) Multi-year volume deals with 6 out of 8 US major studios with key TV program secured well beyond 2019 | October 29, 2015 | | October 29, 2015 | | Page 17 | Page 17

October 29, 2015 Broadcasting German-speaking Ad Market Performance Thomas Ebeling Chief Executive Officer | October 29, 2015 | | Page 18

1 2 3 4 Broadcasting German-speaking / Ad Market Performance Positive development 9M 2015 ✔ 9M German net TV ad market growth in line with full year expectation of 2-3% ✔ German-speaking TV advertising revenue growth of 3.9% y-o-y with Q3 accelerated growth of 5.2% y-o-y ✔ P7S1 gained advertising share in Q3. This trend is expected to continue in Q4 ✔ Continued increase of TV share in media mix 1) ✔ Continued positive net pricing development | October 29, 2015 | | October 29, 2015 | | Page 19 | Page 19 1) Source: Nielsen; gross figures excluding YouTube and Facebook.

1 2 3 4 Broadcasting German-speaking / Ad Market Performance Advertising share gains in all German-speaking markets ProSiebenSat.1 gross TV advertising market share [in %] Q3 2014 Q3 2015 Germany 43.8% 45.5% Austria 36.7% 37.5% Switzerland 24.4% 28.1% | October 29, 2015 | | October 29, 2015 | Q3: Jul-Sep | Source: Nielsen Media Research (Germany), Media Focus (Austria, Switzerland). | Page 20 | Page 20 | Page 20

1 2 3 4 Broadcasting German-speaking / Ad Market Performance Sales outlook 2015 1 German net TV advertising market growth of 2-3% 2 P7S1 to grow above market 3 Continued increase of TV share in media mix 4 Net CPTs to further increase due to increased value of reach | October 29, 2015 | | October 29, 2015 | | Page 21 | Page 21

October 29, 2015 Digital & Adjacent Thomas Ebeling Chief Executive Officer | October 29, 2015 | | Page 22

1 2 3 4 Digital & Adjacent We delivered double-digit growth in revenues and rec. EBITDA … Ext. revenues Rec. EBITDA [in EURm] [in EURm] +31% +17% 207.9 37.7 40 200 32.2 ~18% 158.7 30 150 EBITDA 20 margin 1) 100 10 50 0 0 Q3 2014 Q3 2015 Q3 2014 Q3 2015 | October 29, 2015 | | October 29, 2015 | | Page 23 | Page 23 1) Entity rec. EBITDA / Ext. revenues.

1 2 3 4 Digital & Adjacent … driven by strong performance of Commerce and Entertainment Ventures & Digital Adjacent Commerce Entertainment EUR EUR EUR Revenues 125.2m 15.4m [Q3 2015] 67.3m Revenue growth -5% +40% +26% [Q3 2015 vs. Q3 2014] | October 29, 2015 | | October 29, 2015 | | Page 24 | Page 24 | Page 54