Roularta Media Group N.V.

M&A Activity • Feb 25, 2022

REGULATED INFORMATION - ROULARTA ACQUIRES NEW SKOOL MEDIA, BECOMING THE SECOND LARGEST PUBLISHER OF MAGAZINE BRANDS IN THE NETHERLANDS

22 December 2021

ROULARTA ACQUIRES NEW SKOOL MEDIA, BECOMING THE SECOND LARGEST PUBLISHER OF MAGAZINE BRANDS IN THE NETHERLANDS

Roularta Media Group (RMG) is acquiring 100% of New Skool Media BV (NSM), thus becoming the owner of 20 magazine brands in the Netherlands. Together with the other magazine brands of RMG in the Netherlands, including Plus Magazine and Landleven, and their numerous line extensions, RMG will become the second largest publisher of magazine brands in the Netherlands. This makes the Netherlands RMG's second homeland.

The agreement regarding the transfer of the shares of NSM was signed on 21 December, subject to approval from the Netherlands Authority for Consumers & Markets (ACM), a favourable opinion from the Central Works Council, and agreement of the management with the Editorial Board of EW (previously Elsevier).

The best-known magazine brands from NSM's portfolio are EW (previously Elsevier, founded in 1945), an opinion magazine for highly educated readers, entrepreneurs and decision-makers, and Beleggersbelangen, the mobile-first platform for active investors and as such a market leader.

In addition, NSM publishes an extensive range of special interest magazines, each with a strong multimedia reader community:

• $\circ$ Delicious is about cooking and eating (with line extensions such as a webshop, cookbooks, cooking academies....);
• Knipmode, a sewing magazine, with Knipkids (children's fashion) and naaipatronen.nl (webshop for sewing patterns); $\circ$
• Fiets, Fietsactief and Procycling, magazine brands for sporty amateur cyclists, recreational cyclists and professional cycling fans $\circ$ respectively:
• Moto 73, Motor NL and Promotor (50% NSM)), for motorcycle enthusiasts; $\circ$
• Formule 1, the magazine brand for Formula 1 fans: $\circ$
• Truckstar, the unique magazine brand for truckers: $\circ$
• Seasons, for the readers who live an authentic rural life; $\circ$
• Roots, the magazine brand for nature lovers; $\circ$
• Vorsten, for royalty fans; $\circ$
• $\circ$ Kijk, for those interested in science and technology;
• Columbus Travel, for the globetrotters: $\circ$
• Zin, a magazine brand for those over 50. $\overline{c}$

This transaction is expected to have a positive impact on the results of Roularta Media Group for 2022, since the expected revenue and EBITDA of NSM will be included in the consolidated figures for 2022 from the fulfilment of the aforementioned conditions precedent. The acquired company's annual revenue amounts to approximately 45 million euros. It employs 170 FTEs.

Xavier Bouckaert, CEO Roularta Media Group: "With this transaction, RMG continues its international expansion and is growing its brand

Xavier Bouckaert	Dirk Oeyen
CEO Roularta Media Group	- CEO Roularta Media Netherlands
xavier.bouckaert@roularta.be	dirk.oeyen@roularta.nl
+32/51 266 100	+31/35 69 25 292