Materiality Analysis and Stakeholder Dialogue

The topics reported are the result of the current materiality analysis. Based on the materiality analysis that was first conducted in 2017, which has been validated each year since then, we conducted a further comprehensive analysis in 2021 to determine the main sustainability issues for ProSiebenSat.1 Group. As previously, this took into account both the statutory requirements and the definition of materiality according to GRI. After identifying potential issues and compiling a list of issues, we proceeded to the analysis phase, in which we looked at the results of research and studies, conducted an online survey amongst ProSiebenSat.1 employees, held interviews with internal stakeholders from all segments and representatives of employee networks, monitored the media, including competitors of ProSiebenSat.1, and carried out an analysis of relevant ESG ratings. The results were then evaluated in an internal review process by employees and managers from different departments based on different materiality perspectives (importance for stakeholders, impact of the Company’s operations and relevance to business performance). In addition to annual validation of the materiality analysis, we plan to repeat the analysis every two years in future.