Slide 1: Full-year results 2015
Full-year results 2015 Cologne, 10 March 2016 Entertain. Inform. Engage.
Slide 2: Agenda
Agenda 1 2 3 4 2016 Full-year Group Business Strategy & 2015 highlights financials update Outlook 2016 2
Slide 3: 2015 in a nutshell
Highlights 2015 in a nutshell 1 RECORD REVENUE €6.03bn Growth on track First time above €6bn High margin 2 RECORD EBITA €1.17bn sustained Driven by German TV business 3 DIGITAL REVENUE €0.51bn +72.2% growth 8.4% of total revenue 3
Slide 4: Impressive results in 2015
Highlights Impressive results in 2015 +3.8% € 6,029 million € 3.00 87% Revenue Cash conversion Ordinary dividendrate +2.0% 19.4% EBITA Margin +21.0% € 1,167 million € 789 million Reported EBITA Net profit 4
Slide 5: RTL Group has become a global online video powerhouse
Highlights RTL Group has become a global online video powerhouse GLOBAL VIDEO VIEWS1) In billion per month, January 2016 SocialBlade +87% #1 Global MCN 11 7 5 4 3 2) Kategorie 1 1) Includes mobile views, excludes Music and Russian MCNs, 2) Includes BroadbandTV, StyleHaul, Divimove and FremantleMedia
Slide 6: Digital has become a key driver of RTL Group's top-line growth
Highlights Digital has become a key driver of RTL Group’s top-line growth … VIDEO VIEWS RTL GROUP DIGITAL REVENUE In billion In € million Non-advertising 105 Advertising +72.2% 508 295 36 233 17 2013 2014 2015 2013 2014 2015 4.0% % of total RTL revenue 8.4% Source: all internal figures 6
Slide 7: … and when combined with platform revenue …
Broadcast … and when combined with platform revenue … RTL GROUP PLATFORM REVENUE HD SUBSCRIBERS, GERMANY In € million1) In million HD channels +10.2% +17.0% 248 Thematic 6.2 channels 2252) VOD 5.3 on managed platforms 2014 2015 2014 2015 1) Platform revenue defined as revenue generated across all pa
Slide 8: … further improves RTL Group's well diversified revenue mix
Highlights … further improves RTL Group’s well diversified revenue mix RTL GROUP 2015 REVENUE SPLIT DEPENDENCY FROM TV ADVERTISING In % TV advertising Other diversification Other revenue 11.8 TV advertising Digital 8.4 49% Content 22.0 €6.0bn 49.4 61% Platform revenue 4.1 4.3 Radio advertising 8
Slide 9: Agenda
Agenda 1 2 3 4 2016 Full-year Group Business Strategy & 2015 highlights financials update Outlook 2016 9
Slide 10: Review of results: Revenue & EBITA up year-on-year
Review of results 31 December 2015 Revenue & EBITA up year-on-year Full-year to Full-year to Per cent In € million December 2015 December 2014* change Revenue 6,029 5,808 +3.8 Underlying revenue 5,710 5,625 +1.5 Operating cost base 4,964 4,788 +3.7 Reported EBITA 1,167 1,144 +2.0 Reported EBITA marg
Slide 11: Review of results: Net profit up significantly
Review of results 31 December 2015 Net profit up significantly Full-year to Full-year to Per cent In € million December 2015 December 2014* change Reported EBITA 1,167 1,144 +2.0 Impairment of investments accounted for using the equity method; amortisation and impairment of fair value adjustments on
Slide 12: Review of results: High level of cash generation
Review of results 31 December 2015 High level of cash generation Full-year to Full-year to In € million December 2015 December 2014* Net cash flow from operating activities 983 934 Add: Income tax paid 238 328 Less: Acquisition of assets, net (207) (177) Equals: Reported free cash flow (FCF) 1,014 1
Slide 13: Review of results: Attractive dividend payments
Review of results 31 December 2015 Attractive dividend payments Full-year to In € million December 2015 Profit for the year attributable to RTL Group shareholders 789 Adjustments for: Non-cash gain on redevelopment of land, Luxembourg (16) Adjusted net result 773 Ordinary dividend, per share 3.00 Or
Slide 14: Agenda
Agenda 1 2 3 4 2016 Full-year Group Business Strategy & 2015 highlights financials update Outlook 2016 14
Slide 15: #1 TV family in Germany
-MEDIEN |—— » GRUPPE RTO Germany #1 - family
Slide 16: Impressive track record – record EBITA for 4th consecutive year
Mediengruppe RTL Deutschland Impressive track record – record EBITA for 4th consecutive year NET TV ADVERTISING KEY FINANCIALS MARKET GROWTH1) In € million In % 2,140 +4.5% REVENUE 1,948 1,892 +2.0 – 3.0% 2015 684 +5.2% CAGR +10% EBITA 551 297 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 15% EB
Slide 17: Strong leadership in key timeslots
Mediengruppe RTL Deutschland Strong leadership in key timeslots FAMILY OF CHANNELS 14 – 59, FY 2015 MG RTL 28.4% ACCESS PRIME TIME PRIME TIME (17 – 20h) 14 – 59 (in %) (20 – 23h) 14 – 59 (in %) Others 12.2% +4.0 pp +4.5 pp 22.2% 6.6% 12.6 13.1 ARD-III 9.6% 7.3% 8.6 8.6 ARD 7.7% 7.7% 26.7% ZDF P7S1 R
Slide 18: Competitive advantage with local content
Mediengruppe RTL Deutschland Competitive advantage with local content HIGHLIGHTS PROGRAMME HOURS vs. channel average In 2015 Local productions1) Acquired content 12.2% Channel average 36.6% 35.9% 14.6% 88% 6.6% Channel average 11.0% 11.6% 10.2% 1) Programme hours – share of local productions divided
Slide 19: #2 TV family in France
#2 TV family in France
Slide 20: Groupe M6: Gaining overall audience share
Groupe M6 Gaining overall audience share FAMILY OF CHANNELS Women < 50 responsible GROUPE M6 21.3% KEY FINANCIALS for purchases (in %), FY 2015 In € million REVENUE EBITA 15.4% Others 32.9% 1,295 1,254 5.9% 209 205 France 3 4.0% 32.0% 9.8% France 2 Groupe TF1 2014 2015 2014 2015 Source: Médiamétrie
Slide 21: #1 TV family in Netherlands
#1 TV family in Netherlands
Slide 22: RTL Nederland: Strong growth driven by platform and digital revenue
RTL Nederland Strong growth driven by platform and digital revenue FAMILY OF CHANNELS 20 – 49, Primetime RTL Nederland 32.7% KEY FINANCIALS (in %), FY 2015 (in € million) REVENUE EBITA Others 22.4% 18.9% 490 457 13.8% 103 101 24.0% 20.9% Pubcaster SBS 2014 2015 2014 2015 Source: SKO 22
Slide 23: #1 in Europe, successful in Asia
#1 in Europe, successful in Asia
Slide 24: Other markets: Improved EBITA from majority of operations
Other markets Improved EBITA from majority of operations BELGIUM 200 HUNGARY 100 Clear market leader EBITA bounced back Stable revenue in weak 45 New management team 21 ad market FRENCH RADIO 168 CROATIA 35 #1 Radio in France Revenue stable Revenue and 24 Positive EBITA 1 EBITA up SP
Slide 25: More creative power
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Slide 26: FremantleMedia: In line with expectations
FremantleMedia In line with expectations REVENUE BRIDGE 2014 – 2015 EBITA In € million In € million +129 (85) (6) 1,524 1,486 Scope Effects1) Production & FX Volume changes 113 103 2014 2015 2014 2015 10,313 hours of content aired in 2015 1) Primarily Radical Media 26
Slide 27: Strong brands are resilient and highly valuable
FremantleMedia Strong brands are resilient and highly valuable … Most successful Final season of American Idol, World’s most popular primetime show aired in 34 markets still in production in 15 markets dating format Leading mobile Most successful factual Sold to game of 2015 reality show on Discover
Slide 28: … to cut through the fragmented media landscape
FremantleMedia … to cut through the fragmented media landscape NICHE DIGITAL MAINSTREAM NICHE PREMIUM Digital-first Entertainment High-end drama MAINLY AD FUNDED MAINLY PAY FUNDED 28
Slide 29: FremantleMedia: Increasing creative firepower
FremantleMedia Increasing creative firepower Acquisitions and investments in 2015 & 2016 Strategic priorities ACQUISITIONS Developing the pipeline Drama Drama Factual Ent./Drama 2016 TALENT DEALS Strengthen new genres: drama and local productions Factual Ent. Factual Ent. Drama Factual Ent. Maximisi
Slide 30: #1 MCN, leading ad-tech
#1 MCN, leading ad-tech
Slide 31: Building strong digital brands across key verticals
Multi-channel networks Building strong digital brands across key verticals #1 IN #1 IN #1 IN HIP-HOP PRE-SCHOOL KIDS FASHION/BEAUTY Gaming Music Sport News Entertainment Kids Lifestyle Fashion & Comedy & beauty Examples: non-exhaustive Partners 31
Slide 32: Massive video view growth establishes RTL Group as clear #1
Multi-channel networks Massive video view growth establishes RTL Group as clear #1 #1 Global MCN1) #1 Fashion MCN1) #1 European MCN1) VIDEO VIEWS VIDEO VIEWS VIDEO VIEWS In billion In billion In billion +150% +78% +167% 602) 16 16 9 24 6 2014 2015 2014 2015 2014 2015 Source: Internal figures, consol
Slide 33: SpotX on impressive profitable growth path
Online video advertising SpotX on impressive profitable growth path Strong revenue growth Strategic ad-tech priorities FY 2015 revenue growth, YoY1) +150% YoY Continue growth track (esp. in Europe) Ad decisions 7.5bn processed per day Expand capabilities (e.g. mobile/connected TV) SSP publishers Add
Slide 34: Agenda
Agenda 1 2 3 4 2016 Full-year Group Business Strategy & 2015 highlights financials update Outlook 2016 34
Slide 35: Video is at the heart of our strategy …
Strategic goals Video is at the heart of our strategy … BROADCAST CONTENT DIGITAL Develop Grow Capture and optimise new offers global brands digital growth 35
Slide 36: … as broadcast, content, digital merge into Total Video
Strategic goals … as broadcast, content, digital merge into Total Video Capture long and Solutions for convergent short-form video growth video advertising USAGE SALES BROADCAST Build brands for TOTAL Cross-screen mainstream and niche VIDEO media technology PROGRAMMING TECHNOLOGY CONTENT DIGITAL 36
Slide 37: Outlook for 2016
RTL Group Outlook for 2016 Revenue expected to grow 1 moderately, predominantly driven by the Group’s digital businesses Reported EBITA 2 to be broadly stable 37
Slide 38: Thank You!
Thank You! Join the conversation using #RTLResults
Slide 39: Disclaimer
Disclaimer This presentation is not an offer or solicitation of an offer to buy or sell securities. It is furnished to you solely for your information and use at this meeting. It contains summary information only and does not purport to be comprehensive or complete, and it is not intended to be (and