The Mondadori Group announces that it has taken note of the resignation tendered today by Oddone Pozzi from the position of Group Director of Finance, Procurement, Legal Affairs, IT and Logistics, of Financial Reporting Manager, and from all of the directorships held both in the parent company Arnoldo Mondadori Editore S.p.A. (as Executive Director) and in the other companies of the Group.

Mr. Pozzi has taken the decision because of his wish to embark on a new professional venture.

In order to ensure the activities regarding the Shareholders’ Meeting called for the approval of the financial statements at 31 December 2019 and the approval of the interim management statement at 31 March 2020, the resignation from the position of Group Director and Financial Reporting Manager will take effect from 3 June 2020, while the resignation from the various directorships will take effect from 22 April, after the Shareholders’ Meeting.

The Company regrets the decision taken by Oddone Pozzi, and Chairman Marina Berlusconi and CEO Ernesto Mauri – also on behalf of the entire Board of Directors, the Board of Statutory Auditors and Management – wish to thank Mr. Pozzi for his invaluable work and support given to the activities over the past six years on the path taken together, a period in which the Mondadori Group has embarked on a resolute process of transformation and strategic repositioning, achieving a solid business-financial stability.