LETTER FROM THE EXECUTIVE CHAIRMAN Dear Friends: PRISA is a responsible company – both in our work generating cultural and educational content, as well as in our energetic activity in the area of social action, undertaken in line with our company’s management model. Despite the complex economic landscape, our company is widely recognized for its work in the area of CSR, with the Global Compact of the United Nations inviting PRISA to serve on the Executive Committee of the Spanish Network this year. We have continued to make great strides in terms of our social commitments, revising and adjusting our indi-cators to the 17 new Sustainable Development Goals. In the area of content, we have done a commendable job in raising awareness on sustainable development, with the efforts of the El País portal on this issue, Planeta Futuro, honored by the SERES Foundation with the SERES Award 2016. All of our activity is tied, at all times, to the creation of value and the provision of service to citizens that goes far beyond mere financial returns. We seek value for our shareholders, our customers and users, our employees, and society at large. Our constant innovation is evident in the growth of our media audiences, and the excellent performance of our learning systems in Ibero-America. PRISA has a solid project for the future based on professional talent and a commitment to the defense of the democratic ideals of freedom and equality, ideals that are essential if we are to meet the challenges facing society. I thank each and every one of those who are part of the company for their invaluable, daily contribution. Their effort and commitment enable us to confidently face the future, a future that will prove decisive for the Group. I am convinced that we will succeed thanks to the effort and enthusiasm of all those who make up our teams. Warm regards, Juan Luis Cebrián Executive Chairman
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