Grupo Televisa B : Investor Presentation WebsiteFourth Quarter 2021

Investor

Presentation

Fourth Quarter and Full Year 2021

2021 Highlights

CABLE

SKY

OTHER CONTENT

• Solid revenue and OSI growth of 5.8% and 7.3%, respectively.
• Organic growth of 501.3 thousand Revenue Generating Units ("RGUs"), reaching a total of approximately 14.6 million.
• Successfully achieved our plan to pass 2 million homes with fiber-to-the-home ("FTTH").
• Revenue and OSI fell by 0.5% and 6.9%, respectively, translating into a 38.6% margin.
• OSI impacted by the amortization of certain sporting events that were cancelled in 2020 due to the COVID-19 pandemic.
• Total RGUs of 8.2 million, with 22.1 thousand net-adds.
• Top 20 most watched programs in Mexico were produced and transmitted by Televisa.
• Revenue up by 10.2% driven by strong advertising activity from the private sector.
• OSI growth of 11.5% with a margin of 38.3%, the highest Content margin since 2016.
• Forecasted increase in advertising customer deposits for 2022 of 12.8%, representing the best upfront performance on Televisa's history.
• Other Businesses segment improved significantly due to lower social distancing measures.

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Televisa 2021 Results

• 2021 Revenue (in Ps. Millions)

5%

32% 43%

20%

• 2021 OSI1 (in Ps. Millions)

2%

32%

47%

19%

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	Revenue	Y/Y
Cable	48,021	5.8%
Sky	22,027	(0.5)%
Content	35,942	10.2%
Other Businesses	5,029	17.6%
Cons. Net Sales	103,522	6.3%

	OSI1	Y/Y
Cable	20,285	7.3%
Sky	8,504	(6.9)%
Content	13,779	11.5%
Other Businesses	907	678.8%
Total OSI	43,476	7.3%

1Operating segment income (OSI) is defined as operating income before corporate expenses, depreciation and amortization, and other expense.

Televisa 4Q21 Results

• 4Q 2021 Revenue (in Ps. Millions)

5%

	Revenue	Y/Y
Cable	12,296	4.0%
Sky	5,372	(4.4)%

38%

40%

Content	11,559	4.0%
Other Businesses	1,448	23.8%
	28,812	3.7%

17%

• 4Q 2021 OSI1 (in Ps. Millions)

3%

Cons. Net Sales

42%

41%

	OSI1	Y/Y
Cable	5,366	8.3%
Sky	1,845	(13.9)%
Content	5,444	1.3%
Other Businesses	369	123.9%

14%

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Total OSI

13,023

3.1%

1Operating segment income (OSI) is defined as operating income before corporate expenses, depreciation and amortization, and other expense.

Content:

Televisa strengthened its content business in 2021

CONTENT

• Increasing volume and quality of original content
• Ongoing innovation in formats and storylines
• Strive for strong ratings across all genres
• Expanding SVOD and AVOD platforms

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