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Photocredits: Title © Enno Kapitza // Interview with Thomas Ebeling, page 02 – 05 © Dirk Bruniecki // Members of the Executive Board, page 06 – 07 © Enno Kapitza, © Dirk Bruniecki // Report of the Supervisory Board, page 26 – 34 © Dirk Bruniecki // TV & Production: Teamspirit Translates into Big TV Ideas, page 08 – 11 © Enno Kapitza // Digital Commerce & Marketing: Dynamic Success, page 12 – 15 © Enno Kapitza // TV & Marketing: TV Advertising Goes Live, page 16 – 19 © Enno Kapitza, © ProSieben/Claudius Pflug, © ProSieben/Christoph Assmann // Digital Commerce & Marketing: Hamburg 5 °C, Munich 18 °C, page 20 – 23 © Enno Kapitza, © SevenOne Media // The Year 2016 at a Glance, page 70 – 71 a) © Dirk Bruniecki, Amélie Losier, b) © Deutsche Börse AG, c) © Florian Emanuel Schwarz, d) © maxdome GmbH, Deutsche Bahn AG, e) © PARSHIP ELITE Group, f) © Dorsey Pictures, 44 Blue Studios // Public Value 2016, page 98 – 99 a) © ProSieben/Walter Wehner, b) © „Die Arche“ christliches Kinder- und Jugendwerk e.V., c) © SAT.1/Claudius Pflug, d) © The Boston Consulting Group, e) © startsocial e.V., f) © Leonard Lenz, g) © ProSiebenSat.1 Group, h) © Aline Molz, i) © Guido Engels Photographie, j) © ProSiebenSat.1 Group, k) © Jirka Jansch/FIRST STEPS, // Content Highlights 2016, page 110 – 111 a) © SAT.1/ProSieben/Richard Hübner, b) © ProSieben, c) © SAT.1/Martin Rottenkolber, d) © kabel eins Doku/Stefan Hobmeier, e) © Claudius Pflug/Berlin, f) © kabel eins/Stefan Hobmaier, g) © Willie Weber Fotografie, h) © Filmgerberei GmbH, i) © ProSiebenMAXX, SAT.1/Martin Saumweber, j) © PULS 4 // Backtitle © Enno Kapitza

Forward-looking statements

This report contains forward-looking statements regarding ProSiebenSat.1 Media SE and ProSiebenSat.1 Group. Such statements may be identified by the use of such terms as “expects,” “intends,” “plans,” “assumes,” “pursues the goal,” and similar wording. Various factors, many of which are outside the control of ProSiebenSat.1 Media SE, could affect the Company’s business activities, success, business strategy and results. Forward-looking statements are not historical facts, and therefore incorporate known and unknown risks, uncertainties and other important factors that might cause actual results to differ from expectations. These forward-looking statements are based on current plans, goals, estimates and projections, and take account of knowledge only up to and including the date of preparation of this report. Given these risks, uncertainties and other important factors, ProSiebenSat.1 Media SE undertakes no obligation, and has no intent, to revise such forward-looking statements or update them to reflect future events and developments. Although every effort has been made to ensure that the provided information and facts are correct, and that the opinions and expectations reflected here are reasonable, ProSiebenSat.1 Media SE assumes no liability and offers no warranty as to the completeness, correctness, adequacy and/or accuracy of any information or opinions contained herein.