Materiality Analysis and Stakeholder Dialogue

The topics reported in the sustainability chapter of the Annual Report are the result of our current materiality analysis. In the financial year 2021, a renewed and comprehensive materiality analysis was prepared to determine the sustainability topics that are material for ProSiebenSat.1 Group. This took into account the legal requirements and the concept of materiality according to GRI (Global Reporting Initiative). After identifying potential topics and developing a catalog of topics, the analysis phase involved analyzing research and study results, an online survey of ProSiebenSat.1 employees, interviews with internal stakeholders from all segments and representatives from employee networks, media monitoring that also included ProSiebenSat.1 competitors and peers, and an analysis of relevant ESG ratings. Subsequently, in an internal review process, employees and managers from various departments evaluated the results on the basis of different materiality perspectives (significance for stakeholders, impact of corporate activities and relevance for business success). ProSiebenSat.1 Group prepares a new materiality analysis every two years and validates it in the other years. Following this process, the materiality analysis from 2021 was validated in an internal review process by employees, managers and the Executive Board in the reporting year 2022 and the results were confirmed unchanged for 2022. A regular renewal of the analysis is planned for 2023.