Press Release - Results at 31 March 2023 approved

Cairo Communication

•In first quarter 2023, the Group achieved consolidated gross revenue of Euro 256.2 million (Euro 253.5 million in 2022), EBITDA of Euro 13.6 million (Euro 14.6 million in 2022), EBIT of Euro -6.5 million (Euro -3.8 million in 2022) and a net result of Euro -3 million (Euro -2.9 million in 2022)
• At 31 March, the net financial debt stood at Euro 13 million (Euro 15.2 million at end 2022)
• RCS ranks as the top online publisher also in the first three months of 2023 in Italy with an aggregate figure of 32 million average monthly unique users (net of duplications) (Audicom)
• Corriere della Sera is the leading Italian daily newspaper on newsstands, with a total active digital customer base of approximately 526 thousand subscriptions. The customer base of Gazzetta's pay products increases too, with approximately 213 thousand subscriptions, and of El Mundo and Expansión in Spain, with 115 thousand and 56 thousand subscriptions, respectively
• La7 achieved high ratings (3.32% in all-day share and 4.49% in prime time, and was the sixth channel for ratings in this time slot, with an upward trend in February at 4.32% and March at 4.87%, when La7 was the fifth channel in prime time)
• The Cairo Editore magazines publishing segment confirmed first quarter 2022 results