Announcement of the decision to make a
public acquisition offer (öffentliches Erwerbsangebot) in the form of a partial offer
pursuant to Section 10 paras. 1 and 3 German Securities Acquisition and Takeover Act
(Wertpapiererwerbs‑ und Übernahmegesetz – WpÜG)

 

Bidder:

PPF IM LTD
Themistokli Dervi 48
Athienitis Centennial, Flat 603
1066 Nicosia
Cyprus
registered with the registrar of companies and intellectual property (Tmíma Efórou Etaireión kai Dianoitikís Idioktisías) of Cyprus under HE 434775

 

Company:

ProSiebenSat.1 Media SE
Medienallee 7
85774 Unterföhring

Germany

registered with the commercial register of the local court (Amtsgericht) of Munich, Germany under HRB 219439

WKN PSM777 / ISIN DE000PSM7770

PPF IM LTD, an indirect subsidiary of PPF Group N.V., has decided today to make a public acquisition offer (öffentliches Erwerbsangebot) in the form of a partial offer to the shareholders of ProSiebenSat.1 Media SE ("ProSiebenSat.1") for the acquisition of a number of no-par value shares of ProSiebenSat.1 (ISIN DE000PSM7770) yet to be determined to achieve a shareholding in ProSiebenSat.1 of up to 29.99%, each share representing a proportionate amount of EUR 1.00 of the share capital of ProSiebenSat.1 against payment of a cash offer price of EUR 7.00 per share (the "Offer").

The Offer will be subject to customary conditions in particular merger control clearances.

The offer document for the Offer (in the German language and a non‑binding English translation thereof) and other information relating to the Offer will be published on the internet at www.prism-offer.com.

Important Notice

This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares in ProSiebenSat.1. The Offer itself as well as its terms and conditions and further provisions concerning the Offer will be set out in the offer document in detail after the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) has approved the publication of the offer document. Investors and holders of shares in ProSiebenSat.1 are strongly advised to thoroughly read the offer document and all other relevant documents regarding the Offer upon their availability since they will contain important information.

The Offer will exclusively be subject to the laws of the Federal Republic of Germany and certain applicable provisions of securities laws of the United States of America.

Nicosia, 12 May 2025

PPF IM LTD