ProSiebenSat 1 Media : names Max Conze as new CEO

Munich, February 21, 2018. The Supervisory Board of ProSiebenSat.1 Media SE appointed in today's meeting Max Conze (48) as CEO of ProSiebenSat.1 Media SE effective June 1, 2018. He will succeed the long-time ProSiebenSat.1 CEO Thomas Ebeling (59) who leaves the Company on February 22, 2018. Until Max Conze will take up his post, Conrad Albert (50), Deputy CEO of ProSiebenSat.1 Media SE, will serve as interim chairman from February 23 to May 31, 2018.

Dr. Werner Brandt, Chairman of the Supervisory Board of ProSiebenSat.1 Media SE, says: 'Max Conze has extensive international management experience in various industries. He also successfully implemented the digital transformation at Dyson, turning the company into a rapidly expanding global technology corporation. With his innovative power and marketing expertise, he will take ProSiebenSat.1 to new heights. The Supervisory Board wishes Max Conze every success in his role and looks forward to working with him. I also want to thank Conrad Albert for managing the Company until this summer and especially continuing to advance the reorganization of ProSiebenSat.1 as part of our three-pillar strategy during that time.'

'Thomas Ebeling has achieved tremendous success for ProSiebenSat.1 Group. Under his leadership, ProSiebenSat.1 revenues increased nearly 50 percent, and the market capitalization has multiplied from around 300 million euros when he joint to over 7 billion euros. With his innovative drive, Thomas Ebeling led the Company into the DAX. We owe him our gratitude for his outstanding achievements.'

Max Conze, says: 'Entertainment has always excited me. The digital transformation of this industry combined with the commerce business makes ProSiebenSat1 unique. Together with my fellow executive board members and all of the ProSiebenSat 1 team, I look forward to bringing all my energy to shape the future of ProSiebenSat1 behind its three-pillar-strategy entertainment - content production - commerce.'

From 2011 to 2017, Max Conze has been Chairman of the Executive Board at British technology group Dyson. Under his leadership, earnings as well as revenues tripled. During that time, the Company strengthened its investments in technologies as well as digital transformation and at the same time expanded its market position in Asia. Prior to that, Conze spent 17 years working for Procter & Gamble in various management and marketing positions in Germany, the United States, China, and Switzerland.

About ProSiebenSat.1
ProSiebenSat.1 Group is one of the most successful independent media companies in Europe with a strong presence in the TV and digital markets. Free TV financed by advertising is the core business of the Group. The station family comprising SAT.1, ProSieben, kabel eins, sixx, SAT.1 Gold, ProSieben MAXX, and kabel eins Doku is the Number 1 in the German audience and TV advertising markets. The Group has tapped into an additional attractive business area through the distribution of its television channels in HD quality. At the same time, the Group successfully networks the wide reach of its TV business with a strong digital unit. Already today, ProSiebenSat.1 is Germany's leading video marketer on the Internet and with maxdome or Studio71 one of the most successful providers of digital entertainment. ProSiebenSat.1 has also built up a successful e-commerce business of digital platforms in recent years, which is now one of the Group's most important growth drivers. This broadcasting, digital entertainment and commerce portfolio is supplemented by Red Arrow Studios, an international production and distribution network. The headquarters of ProSiebenSat.1 are in Unterföhring near Munich. The entity was founded in October 2000 and today employs a workforce of around 6,000 people. The ProSiebenSat.1 share has been listed in the leading DAX index since March 2016.

www.prosiebensat1.com