ANNUAL REPORT 2022

This copy of the annual report of MFE-MediaForEurope N.V. for the year 2022 is not in the ESEF format as specified by the European Commission in Regulatory Technical Standard on ESEF (Regulation (EU) 2019/815). The ESEF reporting package is available at www.mfemediaforeurope.com/en/annual-report-2022-esef/

MFE-MEDIAFOREUROPE N.V.

Registered Office: Amsterdam, Netherlands

Headquarters and Tax Residence: Viale Europa 46, 20093 Cologno Monzese, Milan, Italy

Share Capital: EUR 800,313,280.50

Registered with the Dutch Chamber of Commerce (CCI number): 83956859

Italian Tax Code and VAT Number: IT 09032310154.,l

Website: https://www.mfemediaforeurope.com/

TABLE OF CONTENTS

MFE-MEDIAFOREUROPE GROUP - Annual Report 2022

Corporate Boards

1

Financial Highlights

2

Introduction

3

Directors' Report on Operations

5

Group Strategy and Business Model

8

Key Corporate Transactions, equity investments and other significant events for the year

10

Main Group Companies

12

Group Profile and Performance Review by Business Segment

13

Condensed financial statements and sector information

25

Definition and reconciliation of alternative performance measures (APMs or non-GAAP measures)

37

Business Outlook

41

Disclosure of the Main Risks and Uncertainties to which the Group is Exposed

42

Consolidated Non-Financial Disclosure

57

Additional information

126

Corporate Governance Report

131

Remuneration Policy

168

Remuneration report

189

Consolidated Financial Statements and Explanatory Notes

195

Consolidated Statement of Income

196

Consolidated Statement of Comprehensive Income

197

Consolidated Statement of Financial Position

198

Consolidated Statement of Cash Flows

200

Consolidated Statement of Changes in Shareholders' Equity

201

Explanatory notes

202

MFE-MEDIAFOREUROPE N.V. Financial Statements and Explanatory Notes

315

Other Information

417

Indipendent Auditors' Report

421

Annual Report 2022

Directors' Report on Operations

Attachments

Disclaimer

MFE-MEDIAFOREUROPE NV published this content on 24 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 April 2023 17:21:09 UTC.