Sustainability Report 2022

Regulatory framework of Environmental Taxonomy Regulation (EU) 2020/852 on the establish- ment of a framework to facilitate sustainable investment. Delegated Regulation (EU) 2021/2139 establishing technical selection criteria for determining the conditions under which an economic activity is deemed to make a substantial contribution to climate change mitigation or adaptation and for determining whether that economic activity does not sig- nificantly detriment any of the other environ- mental objectives. Delegated Regulation (EU) 2021/2178 specifying the content and presentation of information to be disclosed by companies regarding environmentally sustainable eco- nomic activities and specifying the metho- dology for complying with the disclosure obligation. Environmental taxonomy The EU Taxonomy for Sustainable Activities is a classification of economic activities that contributes to achieving the environmental objectives of the European Union and allows investors to know objectively if an activity is sustainable or not . Currently, the regulatory implementation only requires the reporting of climate change mitigation and adaptation to it. As the taxonomy is still under development, there is some degree of uncertainty regarding the application and interpretation of certain aspects of the regulations. Eligibility • The proportion of total turnover in eligible and non-eligible economic activities according to the Taxonomy. • The proportion of investments in capital expenditures (CapEx) in eligible and non-eligible economic activities according to the Taxonomy. • The proportion of operating expenses (OpEx) in eligible and non-eligible economic activities according to the Taxonomy. Alignment Non-financial entities will disclose the proportion of their activities aligned for adaptation and mitigation objectives . Here it is important to remember what is understood by "eligible activity" and "aligned activity": Regulation (Delegated Regulation (EU) 2021/2139) in its appendices I (mitigation) and II (adaptation). • Aligned activity: eligible activities that meet the requisites of a substantial contribution to at least one of the six objectives defined in the Regulation, that comply with the principle of doing no significant harm to the other objectives, and that comply with the minimum social guarantees in line with OECD Guidelines and the UN's Guiding Principles. Scope of the report In 2021, the Group carried out an eligibility analysis of the activities in accordance with the provisions of current regulations. In 2022, this eligibility analysis was reviewed , leading to a revision of the criteria applied in 2021. Regarding compliance with the alignment criteria , PRISA will carry out, as part of its Strategic Sustainability Plan 2022-25, an evaluation of the exposure of its activity to the physical climatic risks in appendix A of Royal Decree 2021/2139 in order to be able to determine, as applicable, the alignment of the activities considered eligible. Scope of the Taxonomy As part of its endeavors aimed at continuous improvement, in 2022 PRISA once again compared its main activities with the catalog of activities published by the EU Taxonomy regulations . Following the analysis made, based on the breakdown at accounting and management level of income and expenses for each of the three indicators considered key, two new eligible activities were identified that may contribute substantially to adaptation to climate change: • 13.3 Cinema, video and television program activities, sound recording and music publishing. • 8.3. Radio and television programming and broadcasting activities. Results The analysis carried out is based on the accounting and management breakdown of income, CapEX and OpEX items. The Group's consolidated information was used. The identification of items was based on corporate management control criteria. Business volume (net turnover) Substantial contribution criteria Do No Significant Harm (DNSH) criteria Codes Economic activities (€ thousands) Absolute turnover (€ thousands) Share of turnover (%) Climate change mitigation (%) Climate change adaptation (%) Climate change mitigation (Y/N) Climate change adaptation (%) Water and marine resources (Y/N) Circular economy (Y/N) Pollution (Y/N) Biodiver- sity and ecosys- tems (Y/N) Minimum guaran- tees (Y/N) Taxonomy- compliant share of turnover (%) Category (facilitating activity) (F) Category (transition activity) (T) A. ELIGIBLE ACTIVITIES ACCORDING TO THE TAXONOMY A.1. Environmentally sustainable activities (that are taxonomy-compliant) Turnover from environmentally sustainable activities (that are taxonomy-compliant) (A.1) 244,930 28.9 0 100 - 100 - - 8.3 Radio and television scheduling and broadcasting activities 13.3 Cinema, video and television program activities, sound recording and music publishing 240,638 28.4 0 100 - 98.2 4,293 0.5 0 100 1.8 A.2. Activities eligible according to the taxonomy, but not environmentally sustainable (that are not taxonomy-compliant) Turnover from activities eligible according to the taxonomy, but not environmentally sustainable (that are not taxonomy-compliant) (A.2) TOTAL (A.1 + A.2) 244,930 28.9 - B. ACTIVITIES NOT ELIGIBLE ACCORDING TO THE TAXONOMY Turnover from activities not eligible according to the taxonomy (B) 601,289 71.1 -  Printed press 153,854 18.2 -  Educational book publishing, online platform 447,435 52.9 - TOTAL (A + B) 846,219.4 100 - • Eligible activity (covered in this report) : any activity that has potential to contribute substantially to one or more of the environmental objectives defined by the EU Taxonomy Percentage of eligibility of the volume of business This indicator shows the relative importance of the net business volume arising from products or services associated with economic activities contemplated by the Taxonomy over total net Income. PRISA Sustainability Report 2022 71 70 Responsible management