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

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| Page 1 | October 29, 2015 |

October 29, 2015

Q3 2015

Press Presentation

SLIDE 2

| Page 2 | October 29, 2015 |

October 29, 2015 Thomas Ebeling Chief Executive Officer

Q3 2015

At a Glance

SLIDE 3

Key financials – Q3 2015

Continuing operations

1 2 3 4

Q3 2015 – At a Glance

[Q3 2015 vs. Q3 2014, in EURm]

Revenues Recurring EBITDA Underlying net income

✔ ✔ ✔

747.1 177.8 78.3

+17.2% +9.1% +4.8%

SLIDE 4

Continued dynamic growth across all three business segments

Continuing operations

1 2 3 4

Q3 2015 – At a Glance

Content Production & Global Sales +EUR 32.9m

Revenue growth

vs. Q3 2014

Broadcasting German-speaking

Distribution TV advertising

+5.2% +7.5% +EUR 27.5m +6.3% Digital & Adjacent

Ventures & Commerce Digital Entertainment Adjacent

+40.4% +26.2%

4.9%

+EUR 49.2m +31.0% +79.9%

SLIDE 5

Major operational highlights

1 2 3 4

Q3 2015 – At a Glance

Sports ecosystem initiated with 90MIN and Eversports

✔

Powerful US additions to Red Arrow’s digital and non-scripted portfolio

✔

ProSiebenSat.1 with positive TV ad performance in Q3 2015

✔

Leading Nordic online travel agency Etraveli acquired

✔

Best 9M TV ratings performance in the last ten years

✔

SLIDE 6

Degree of achievement of new 2018 targets

Continuing operations

2012-18 revenue growth target, degree of achievement

[achievement based on 9M 2015, in EUR m]

209 392 183 784

Broadcasting German-speaking Digital & Adjacent

1,200 375

Content Production & Global Sales

1,850 67%

Achievement by 9M 2015 Current CMD 2018 target

33% 56% 42%

X% Target achievement in %

275

1 2 3 4

Q3 2015 – At a Glance

46%

Linear extrapolation

f new 2018 target

SLIDE 7

We confirm our 2015 segment revenue growth assumptions…

Continuing operations

1 2 3 4

Q3 2015 – At a Glance

Digital & Adjacent Content Production & Global Sales

1 2 3

Broadcasting German-speaking

Revenues vs. FY 2014

Low to mid single- digit growth double-digit growth low double- digit growth

SLIDE 8

… and raise our positive full-year guidance

Continuing operations

1 2 3 4

Q3 2015 – At a Glance

Recurring EBITDA and underlying net income above prior year

✔

Ad performance at least in line with positive net TV ad market

✔

Digital & Adjacent with double-digit revenue growth

✔

Low double-digit Group revenue growth

✔

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| Page 9 | October 29, 2015 |

October 29, 2015

Dr. Gunnar Wiedenfels

Chief Financial Officer

Q3/9M 2015

Financial Performance Review

SLIDE 10

Q3 2015: continued high single-digit recurring EBITDA increase

Continuing operations

1 2 3 4

Q3/9M 2015 – Financial Performance Review

200 400 600 800 100 200 300

177.8 162.9 +17.2% Q3 2015 637.5 747.1 Q3 2014

Consolidated revenues [in EUR m] Recurring EBITDA [in EUR m]

Q3 2015 Q3 2014 Recurring EBITDA margin: 23.8% (-1.8%pts) +9.1%

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9M 2015: strong revenue and recurring EBITDA improvement

Continuing operations

500 1,000 1,500 2,000 2,500 200 400 600 800

568.1 522.2 +13.8% 9M 2015 1,909.7 2,174.2 9M 2014

Consolidated revenues [in EUR m] Recurring EBITDA [in EUR m]

9M 2015 9M 2014 Recurring EBITDA margin: 26.1% (-1.2%pts) +8.8%

1 2 3 4

Q3/9M 2015 – Financial Performance Review

SLIDE 12

Q3/9M 2015: Group P&L – improvement of all key metrics

Continuing operations. 1) Result for the period attributable to shareholders of P7S1 Media SE

[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 income1) 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%

1 2 3 4

Q3/9M 2015 – Financial Performance Review

SLIDE 13

Updated financial targets for 2015

Continuing operations 1) previously “high single-digit”

Financial leverage

1.5x – 2.5x

Recurring EBITDA

above prior year

Underlying net income

above prior year

Group revenue growth

low double-digit1)

1 2 3 4

Q3/9M 2015 – Financial Performance Review

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| Page 14 | October 29, 2015 |

October 29, 2015 Thomas Ebeling Chief Executive Officer

Broadcasting German-speaking

TV Performance

SLIDE 15

Strong ratings growth across German-speaking markets

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. 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.

Q3 2014 Germany 29.3% Austria 22.1% Switzerland 17.7% Q3 2015 30.1% 23.5% 17.9%

Audience share (A14-49)

[in %] 1 2 3 4

Broadcasting German-speaking / TV Performance

SLIDE 16

Audience share (A14-49)

[9M, in %]

Best 9 months ratings performance in the last ten years

28.3 27.9 27.9 28.6 28.6 28.6 27.7 27.6 28.4

29.5

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

| Page 16 Basis: All German TV households (Germany + EU), A 14-49 years, Mon-Sun, full day 3-3h; P7S1 w/o N24 & w/o 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

SLIDE 17

New Disney volume deal fortifies access to top license supply

Examples

Multi-year volume deals with 6 out of 8 US major studios with key TV program secured well beyond 2019

1 2 3 4

Broadcasting German-speaking / TV Performance

Features Series

NEW

(sitcoms)

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| Page 18 | October 29, 2015 |

October 29, 2015 Thomas Ebeling Chief Executive Officer

Broadcasting German-speaking

Ad Market Performance

SLIDE 19

Positive development 9M 2015

1) Source: Nielsen; gross figures excluding YouTube and Facebook.

1 2 3 4

Broadcasting German-speaking / Ad Market Performance

Continued increase of TV share in media mix1)

✔

Continued positive net pricing development

✔

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

✔

9M German net TV ad market growth in line with full year expectation

f 2-3%

✔

SLIDE 20

1 2 3 4

Broadcasting German-speaking / Ad Market Performance

Switzerland Austria Germany

ProSiebenSat.1 gross TV advertising market share [in %]

Advertising share gains in all German-speaking markets Q3 2014 Q3 2015 24.4% 43.8% 36.7% 28.1% 45.5% 37.5%

SLIDE 21

Sales outlook 2015

1 2 3 4

Broadcasting German-speaking / Ad Market Performance

3 1 2 4

German net TV advertising market growth of 2-3% P7S1 to grow above market Net CPTs to further increase due to increased value of reach Continued increase of TV share in media mix

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| Page 22 | October 29, 2015 |

October 29, 2015

Digital & Adjacent

Thomas Ebeling Chief Executive Officer

SLIDE 23

We delivered double-digit growth in revenues and rec. EBITDA …

1) Entity rec. EBITDA / Ext. revenues.

Ext. revenues
Rec. EBITDA

[in EURm] [in EURm] 50 100 150 200

Q3 2015

207.9

Q3 2014

158.7

10 20 30 40

Q3 2014

32.2

Q3 2015

37.7

~18%

EBITDA margin1)

+31% +17%

1 2 3 4

Digital & Adjacent

SLIDE 24

… driven by strong performance of Commerce and Entertainment

Revenues [Q3 2015] Revenue growth [Q3 2015 vs. Q3 2014] Digital Entertainment

EUR

67.3m +26%

Adjacent

EUR

15.4m

5%

Ventures & Commerce

EUR

125.2m +40%

1 2 3 4

Digital & Adjacent

| Page 54

SLIDE 25

We have leading market positions across all our D&A pillars

1) Studio71 is #1 MCN in Germany, together with CDS top 5 globally. 2) Yieldlab is #1 Premium SSP in DACH. 3) SVoD market Germany, according to Forsa. 4) Mobile and PC games publishers in Europe, excluding direct publishing by developers, P7S1 estimates. 5) Etraveli and Vitafy signed with envisaged closing in Q4; Vitafy is a minority investment only | Page 25 Market position

PayVoD Games AdVoD Travel vertical New verticals Ventures Adjacent Digital Entertainment Ventures & Commerce Music, Artist Mgmt., Live, Licensing

#4 #1

Top

5

#2

Top

5

#1 #1 #2 #1

Beauty & Accessories

#1 #1 #1

Online Comparison Other assets

Top

5

Top

33)

Top

34)

#1

Top

3

#2 #1 #11)

Leading German VC investor

#1

(M4R/E)

60.2% 32.4% 7.4%

Q3 2015 revenue split

A B C

#12)

1 2 3 4

Digital & Adjacent

Top

5

Video innovation hub

New5) #1 #1 New5)

SLIDE 26

In Travel, we acquired the leading Nordics online travel agency

1) P7S1 stake. 2) FY 2014 figures. Note: Signed with envisaged closing in Q4.

A

1 2 3 4

Digital & Adjacent

100%1)

40

countries

1.6m

trips per year

~1bn

EUR gross bookings2)

~70m

EUR revenues2)

What Etraveli is Etraveli is a leading online travel agency for flights in the Nordics with 12 brands in 40 countries Services include airline ticketing and hotel bookings

SLIDE 27

Etraveli closes the blank spot ‘flights’ in our 7Travel value chain

1 2 3 4

Digital & Adjacent

A

Why we acquired We complement our online travel vertical and close the blank spot “flight search” in our customer journey Etraveli enables a profitable, low risk internationalization of Travel based

n a cost efficient platform strategy

Build new brand for Etraveli meta business in Germany leveraging TV

Inspiration Search Booking In Destination

NEW

Customer journey

SLIDE 28

In Digital Entertainment, we have seen great achievements

B

Maxdome with strong growth in all dimensions New ad tech profit center Market leading in Premium Video Building knowledge in video innovation #1

1 2 3 4

Digital & Adjacent

#1 MCN in Germany #1

SLIDE 29

maxdome has grown strongly in all dimensions

1) End of period Q3 2015 vs. PY. 2) Q3 2015 vs. PY. 3) Ø of period Q3 2015 vs. PY.

Total video views2) Total user base3)

+35%

B

SVoD subscribers1)

1 2 3 4

Digital & Adjacent

+65% +95%

SLIDE 30

We complement our sports ecosystem with digital platforms

Note: Sportdeutschland is a majority investment, Eversport and 90min are minority investments, and Ultimate Fighting Championship (UFC) are acquired rights

C

1 2 3 4

Digital & Adjacent

Sports management, events and ticketing We leverage synergies with our commerce assets around sports, e.g. Digital Video platforms/products TV/Rights

+ +

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Digital & Adjacent – outlook

Deliver double-digit revenue growth in FY 2015 Build new digital verticals Further internationalize with innovative imports and exports

1 2 3

1 2 3 4

Digital & Adjacent

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| Page 32 | October 29, 2015 |

October 29, 2015 Thomas Ebeling Chief Executive Officer

Q3 2015

Summary & Outlook

SLIDE 33

We raise our positive full-year guidance

Continuing operations.

Recurring EBITDA and underlying net income above prior year

✔

Ad performance at least in line with positive net TV ad market

✔

Digital & Adjacent with double-digit revenue growth

✔

Low double-digit Group revenue growth

✔

1 2 3 4

Summary & Outlook

SLIDE 34

Disclaimer

This presentation contains "forward-looking statements" regarding ProSiebenSat.1 Media SE ("ProSiebenSat.1")

r ProSiebenSat.1 Group, including opinions, estimates and projections regarding ProSiebenSat.1's or

ProSiebenSat.1 Group's financial position, business strategy, plans and objectives of management and future

perations. Such forward-looking statements involve known and unknown risks, uncertainties and other important

factors that could cause the actual results, performance or achievements of ProSiebenSat.1 or ProSiebenSat.1 Group to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements speak only as of the date of this presentation and are based on numerous assumptions which may or may not prove to be correct. No representation or warranty, expressed or implied, is made by ProSiebenSat.1 with respect to the fairness, completeness, correctness, reasonableness or accuracy of any information and opinions contained herein. The information in this presentation is subject to change without notice, it may be incomplete or condensed, and it may not contain all material information concerning ProSiebenSat.1 or ProSiebenSat.1 Group. ProSiebenSat.1 undertakes no obligation to publicly update or revise any forward-looking statements or other information stated herein, whether as a result of new information, future events or otherwise.

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