The Executive Board of Axel Springer SE withdraws its previous forecast for the 2020 financial year. From today's perspective, the Executive Board assumes with sufficient probability that the forecast will be significantly missed due to the likely effects of the Corona crisis. This affects revenues, adjusted EBITDA and adjusted EBIT of all three operating segments, Classifieds Media, News Media and Marketing Media which will turn out worse than previously expected. Due to the current uncertainties about the further development of the Corona crisis and its effects, the Executive Board believes that it is currently not possible to make a sufficiently reliable concrete new forecast for the financial year 2020.