Transparency Report 2018

TRANSPARENCY REPORT 2018

Directive 2014/26/UE art. 22 – Legislative Decree 35/2017 art.28

SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it

TRANSPARENCY REPORT 2018

CONTENTS

SIAE BODIES 4

INTRODUCTION 6

1) Information provided according to the Annex referred to in art. 28, subparagraph 2 of the 6 Legislative Decree no.35 of March 15, 2017 a) Budget documents: Balance Sheet, Income Statement and Cash Flow Statement 6

b) Description of the activities performed throughout the accounting period 23

c) Details regarding the refusal to confer a license in accordance with art. 22, subparagraph 2 24

d) SIAE Legal and governance structure 24

e) Entities directly or indirectly owned or controlled by SIAE 27

f ) Remunerations paid to the Supervisory Board and to the Management Board 28

g) Financial information referred to in point 2 28

h) Special Relation regarding the utilization of the amounts deducted for social, cultural and 29 educational purposes 2) Financial information referred to in point 1, letter g 33

a) Financial information regarding the rights incomes – Premise 33

b) Financial information on the cost of rights management and other services provided by the 36 Company to the right-holders c) Financial information regarding the amounts due to the right-holders 43

- MUSIC REPERTORY 47

- CINEMA REPERTORY 53

- DOR-LYRIC REPERTORY 59

- OLAF REPERTORY 65

ATTACHMENT 1: Relations with other Collective Management Organizations 71

SIAE BODIES

As of the approval date of the Transparency Report 2018

PRESIDENT

Rapetti Mogol Giulio

MANAGEMENT BOARD

Nastasi Salvatore (Vice President) Buia Claudio Purgatori Andrea Razzini Roberto

SUPERVISORY BOARD

Lavezzi Bruno Mario (President) Franchini Paolo (Vice President)

Amore Francesco Levi Matteo Angrisano Alessandro Levi Riccardo Franco Barbagallo Angelo Lopez Luigi Bernarda Dino Minellono Cristiano Biocca Antonio Carmine Montanari Piero Romano Borgatti Gianfranco Perilli Paola Buticchi Andrea Pirazzoli Giuseppe Caccamo Giovanni Pischiutta Roberto Giacomo Cantini Fabio Massimo Ranieri Martinotti Francesco Carboni Claudio Rinaldi Giuseppe Costa Vittorio Rizzi Antonella De Martino Giuseppe Solbiati Alessandro Di Bari Romano Sorci Roberto Di Stefano Riccardo Sugar Filippo Nicola Flora Giovanna Trainini Maria Romana Gramitto Ricci Alfredo Verona Tonino Leonardi Piero Villevieille Bideri Silvia

4 TRANSPARENCY REPORT 2018

ADVISORY COMMITTEES

MUSIC SECTION CINEMA SECTION

Angrisano Alessandro Barbagallo Angelo Benini Massimo Barbanente Mariangela Bernarda Dino Clemente Agostino Chiaravalle Valeriano Conforti Michele Costa Vittorio D’Aversa Marina De Martino Giuseppe Mazzotta Carlo Galletti Anna Occhipinti Alessandro Lopez Luigi Minellono Cristiano Zukar Paola

DOR SECTION LYRIC SECTION

Amurri Valentina Battistelli Giorgio Cavosi Roberto Cannito Luciano Mattia Di Stefano Riccardo Corrado Pasquale Flora Giovanna Moro Laura Giovanna Longoni Gianmario Ostali Piero Meazza Alessandro Savasta Alessandro Perilli Paola Sarcinelli Stefano

OLAF SECTION

Casonato Laura Castagnone Prati Mariagiulia Foschini Cristina Hoepli Giovanni Ulrico Carlo Mazzoni Eleonora Vigevani Marco Enea

AUDIT COMMITTEE INTERNAL AUDIT

Belmonte Laura (President) Antonio Urrata Fiori Giovanni Nova Massimiliano Substitutes: De Buglio Massimo Romani Barbara

GENERAL DIRECTOR

Blandini Gaetano

INTRODUCTION

On March 27, 2017, the Legislative Decree no.35 of March 15, 2017 was published on the Official Gazette of the Italian Republic (no. 72) which sets out the "Implementation of the Directive 2014/26/UE regarding the collective copyright management and the connected rights and the concession of multiterritory licenses for rights on musical works for the online utilization in the internal market".

In particular, the decree transposes the Community rules setting the requirements in order to ensure the management proper functioning regarding the copyrights and the connected rights and the concession of multiterritory licenses operated by the collective management organizations for the online utilization of musical works in the internal market.

Article 28 of the decree introduced the annual Transparency report as a binding document, including the Special report regarding the utilization of the amounts detracted in order to provide social, cultural and educational services. The Transparency report must at least contain the information required by a special Attachment to the decree. Apart from the Transparency report, SIAE draws up and transmits to the Parliament and to the supervisory bodies an annual report regarding the results of the developed activity, related to transparency and efficiency profiles.

*** Numbers format It should be noted that dots are used as thousands separators while commas are used as decimal separators.

1) Information provided according to the Annex referred to in art. 28, subparagraph 2 of the Legislative Decree no.35 of March 15, 2017 a) Budget documents: Balance Sheet, Income Statement and Cash Flow Statement

SIAE draws up its Financial Statement in accordance with the Book V, Title V, Chapter V, Section IX, of the Civil Code (Legislative Decree no. 35/2017 art.8 subparagraph 1 d) 3), as reformed by the Legislative Decree no. 139/2015, and the accounting standards issued by the Italian Accounting Body (OIC), updated during the year 2016.

Moreover, starting from January 1, 2005, SIAE voluntarily underwent a financial audit in accordance with the art. 2409-ter of the Civil Code (now Article 37 of the Legislative Decree of January 27, 2010, no.39).

The Financial Statement dated December 31, 2018 consists of:

- Balance Sheet, Income Statement and Notes on the Accounts;

- Management Report;

- Cash Flow Statement;

6 TRANSPARENCY REPORT 2018

- Separate reports concerning “Endorsement”, “Solidarity Fund” e “Project SILLUMINA” managements.

The Financial Statement, in accordance with the scheme described by the Civil Code in art. 2425, has a scalar structure with evidence, first and foremost, of the "Operating result", as the difference between Production Value and Costs (so-called A - B) and, subsequently, of the results of ancillary management which, together with the characteristic management, contribute to the determination of the result for the year.

This scheme, applicable to companies that comply with national accounting standards, has information limits for a situation as peculiar as the one of SIAE. The Operating Result (A-B) is not especially significant, as it does not include financial income, which instead represents a substantial "typical" component of the management. This is because the production cycle is reversed: incomes (collection of copyright) anticipate expenditures (acquisition of production factors/ payment of the royalties). During this period, physiological to the technical time necessary for the distribution of copyright, liquidity is generated and, consequently, results from financial management.

The Income Statement was therefore managerially re-classified in order to provide the reader useful information for the interpretation of the economic outturn of the current management of the business and of the one related to the strategic actions put in place during the accounting period.

2018 Accounting period - Reclassified Income Statement (amounts in millions of euros) CURRENT MANAGEMENT 2018 2017 Revenues and Incomes 169,0 176,6 Copyright 118,3 118,3 Private Copy 3,9 4,2 Convention services 31,7 30,0 Other revenues and incomes 9,9 7,1 Financial management balance 5,2 16,9 Costs and expenses 163,3 159,6 Staff 72,6 76,2 Management and functioning 77,6 75,7 Different charges 2,9 2,7 Amortizations 10,2 4,9 Current management result 5,7 17,0 STRATEGIC MANAGEMENT 0,0 Allocated shares reduction (3,5) 0,0 Strategic plan (0,8) (6,6) Transposition of the Directive Barnier, sectoral studies and organization of the elections (1,0) (1,0) Corporate reorganization charges (0,6) (4,4) Cultural and social activities (0,2) (0,9) Strategic management balance (6,1) (12,9) #N/D Management result (0,4) 4,1

Income taxes 0,1 0,3 Separated managements 0,2 0,1 Special sectional accounts 1,5 0,0 Result of the accounting period 1,4 3,9

The reclassified scheme points out how Current management produced revenues equal to € 169million and costs equal to € 163,3million. The positive margin, of about € 5,7million, allowed to sustain the strategic charges and the social and cultural activities. The Operating income would result still positive even in the absence of Financial management (€5,2million).

The existence of positive margins consents to plan actions that benefit the membership base in terms of:

- decrease of commissions (the average commission in 2009 amounted to 16,7%, in 2017 to 15,3%, in 2018 to 14,9%);

- investments in digitization and simplification of processes in order to ensure more and more cutting-edge services for associates and in general for all stakeholders.; from 2013 to 2018, € 34,7 million were invested only Information Technolog;

- support to social and charity initiatives and cultural promotion. In particular, the SILLUMINA project (€ 12,4 million in 2018) and various cultural projects (€ 3 million in 2018) described in detail in paragraph h) are reminded.

Indeed, without these actions, the Financial Statement would register large surpluses that are not consistent with the company mission.

The surpluses, equal to 1,4 million of euros in this particular case, increase, as provided for in the Memorandum of Association, the Reserves which represent, in the absence of a Share Capital, the only guarantee fund for the business continuity.

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Balance sheet 2018 2017 Asset B) FIXED ASSETS I) Intangible fixed assets 3) Industrial patents and use of intellectual property rights 3.754.956 5.318.760 6) Fixed assets under construction and advances 810.808 293.289 7) Other intangible fixed assets 3.008.125 3.983.288 Total intangible fixed assets (I) 7.573.889 9.595.337

II) Tangible fixed assets 1) Land and buildings 32.302.347 32.302.347 -Land and buildings amortization fund (10.413.307) (9.814.682) 21.889.040 22.487.665

2) Installations and machines 1.883.797 6.057.003 - Installations and machines amortization fund (849.275) (4.907.343) 1.034.522 1.149.660

3) Industrial and commercial equipment 5.070.135 15.273.462 - Industrial and commercial equipment fund (4.295.054) (14.235.085) 775.081 1.038.377

5) Fixed assets under construction and advances 50.000 0 Total tangible fixed assets (II) 23.748.643 24.675.702

III) Financial fixed assets 1) Holdings in: d) other companies 3.657 3.657 3.657 3.657 2) Receivables: d) from others - installments due in the following accounting period 89.928 72.031 - installments due after the following accounting period 84.455.811 96.462.783 84.545.739 96.534.814 3) Other securities: a) S.I.A.E. securities 67.985.612 68.031.628 b) SF securities 0 0 c) "Real Estate Fund" securities 164.609.996 164.609.996 d) SF " Real Estate Fund" securities 31.200.000 31.200.000 e) "Financial Fund" securities 628.157.218 616.000.000 891.952.826 879.841.624 Total financial fixed assets (III) 976.502.222 976.380.095 TOTAL FIXED ASSETS (B) 1.007.824.754 1.010.651.134

C) CURRENT ASSET II) Receivables 1) From customers a)from associates and principals 1) from associates and principals for shares and annual contributions 930.583 1.584.483 - Devaluation fund receivables for shares (350.000) (426.750) 580.583 1.157.733 2) from associates and principals for advances 80.348.907 82.685.597 - other receivables from associates and principals 29.872 30.010 - Devaluation fund receivables for advances (249.061) (266.176) 80.129.718 82.449.431 80.710.301 83.607.164 b) for private copy compensations 798.203 534.223 c) from other principals 1.439.862 424.260 d) from users 88.178.036 248.922.016 e) from others 194.741 182.368 Total receivables from customers 171.321.143 333.670.031

4-bis) Tax receivables 9.736.206 29.895.833 Total tax receivables 9.736.206 29.895.833 4-ter) Advanced taxes 10.428.565 9.900.013

5) From others a) from employees 209.394 212.319 b) from banks 2.108 2.108 c) other credits 8.492.794 8.019.650 - other receivables devaluation fund (157.680) (164.553) 8.335.114 7.855.097 Total receivables from others 8.546.616 8.069.524 Total receivables (II) 200.032.530 381.535.401

III) Financial activities that do not constitute fixed assets 6) Other securities 49.610.800 0 Total financial activities that do not constitute fixed assets (III) 49.610.800 0

IV) Cash 1) Bank and postal deposits 155.448.499 208.135.464 3) Money and cash on hand 23.544 23.422 Total cash (IV) 155.472.043 208.158.886 TOTAL CURRENT ASSET (C) 405.115.373 589.694.287

D) ACCRUALS AND PREPAID EXPENSES a) Accruals and prepaid expenses 7.984.634 5.816.839 TOTAL ACCRUALS AND PREPAID EXPENSES (D) 7.984.634 5.816.839 TOTAL ASSET 1.420.924.761 1.606.162.260

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Liabilities 2018 2017 A) NET WORTH III) Revaluation reserves 1) revaluation ex.L. 21/11/00 n. 342 39.150.070 39.150.070 2) revaluation ex.L. 24/12/03 n. 350 41.007.241 41.007.241 3) revaluation ex.L. 28/01/2009 n. 2 11.564.615 11.564.615 Total revaluation reserves (III) 91.721.926 91.721.926

V) Statutory reserves 1) permanent reserve 18.173.207 16.194.908 2) extraordinary reserve 13.718.409 11.937.940 Total statutory reserves (V) 31.891.616 28.132.848

VII) OTHER RESERVES 1) lira/euro conversion reserve 237 237 Total other reserves (VII) 237 237

VIII) RETAINED EARNINGS/ ACCUMULATED LOSSES

IX) Result of the accounting period 1.381.559 3.956.599 TOTAL NET WORTH (A) 124.995.338 123.811.610

B) FUNDS FOR RISKS AND CHARGES 1) For retirement pensions and similar obligations a) principals retirement indemnity 28.963.920 28.614.440 b) additional fees for the end of the verification activity of the employees 18.475 18.475 Total retirement pensions and similar obligations 28.982.395 28.632.915

2) For taxes, including deferred ones 0 0

3) Others a) Solidarity fund 1) performances payment fund 3.202.241 3.202.241 2) capital provisions 6.108.180 6.108.180 3) restricted fund for future solidarity performances 80.841.640 81.392.742 4) permanent reserve 2.866.024 2.866.024 93.018.085 93.569.187

b) for risks connected to the management activity 4.468.330 5.896.360 c) for Pensions Fund management risks 4.933.636 5.199.364 d) for corporate reorganization risks 6.500.000 9.500.000 e) for private copy refunds corrections 0 0 f) for employees incentive 3.191.000 4.246.000 g) charges for security contributions 0 0 h) manage calls for tenders private copy 37.598 Total Others 112.148.649 118.410.911 TOTAL FUNDS FOR RISKS AND CHARGES (B) 141.131.044 147.043.826

C) EMPLOYEES SEVERANCE INDEMNITY TOTAL EMPLOYEES SEVERANCE INDEMNITY (C) 16.189.020 17.432.197 11

D) PAYABLES 4) Payables to banks a) withholding taxes to deduct 22.070 0 b) other payables 33.976 27.917 Total payables to banks 56.046 27.917

7) Payables to suppliers 10.670.927 15.656.949

12) Tax payables 3.780.299 37.518

13) Payables to security and social institutes 7.817.333 6.733.087

14) Other payables a) to associates, principals and persons entitled 793.353.776 826.870.595 b) to others for "private copy compensations" 178.556.529 178.938.034 c) to other principals (various entities) 1.326.249 1.438.846 d) to operators and others for provisional and cautionary deposits 19.849.172 19.536.508 e) to different corporate bodies and organisms 258.734 240.935 f) to employees 7.403.731 7.866.914 g) different payables 1) different payables 32.581.045 8.343.138 2) copyrights waiting for collection 61.743.337 235.840.596 94.324.382 244.183.734

h) cultural activities funded from private copy 20.235.718 15.736.538 Total other payables 1.115.308.291 1.294.812.104 TOTAL PAYABLES (D) 1.137.632.896 1.317.267.575

E) ACCRUALS AND DEFERRED INCOMES a) Accruals and deferred incomes 976.463 607.052 TOTAL ACCRUALS AND DEFERRED INCOMES (E) 976.463 607.052

TOTAL LIABILITIES 1.420.924.761 1.606.162.260

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Income Statement 2018 2017 A) PRODUCTION VALUE 1) Revenues from sales and performances a) copyright management 1) allocated shares on copyright collections - Music 74.587.492 77.120.337 - Dor-Lyric 9.126.905 9.982.202 - Olaf 2.466.323 2.356.535 - Cinema 5.791.311 5.157.880 91.972.031 94.616.954 2) institutional services 1.365.692 1.280.541 3) shares 7.812.643 8.305.969 4) services connected to the authorial management - connected rights 1.459.749 1.398.116 -administrative rights 5.803.741 5.667.745 - other authorial services 819.476 831.050 8.082.966 7.896.911 5) complementary collections 5.539.515 5.492.317 Total copyright management 114.772.847 117.592.692

b) expenses reimbursement for the "private copy" service 3.914.761 4.244.792

c) endorsement 2.367.753 3.063.341

d) convention services - ticketing 802.183 847.487 - hallmarking 42.954 49.077 - Italian Revenue Agency convention 28.117.440 26.400.000 - cinematographic rental convention 877.672 995.347 - Customs and Monopolies Agency convention 1.511.320 1.465.110 - other conventions 344.518 280.876 31.696.087 30.037.897 Total revenues from sales and performances (1) 152.751.448 154.938.722

5) Other revenues and incomes a) real estate management revenues 2.691.388 1.963.399 b) Solidarity Fund incomes 1.022.428 2.216.002 c) project "SILLUMINA" 12.935.060 9.599.678 d) services provided to separate accounts 987.100 1.200.632 e) use of sectional accounts 5.598.685 5.940.224 f) other incomes 6.923.284 4.184.114 Total other revenues and incomes (5) 30.157.945 25.104.049 TOTAL PRODUCTION VALUE (A) 182.909.393 180.042.771

B) PRODUCTION COSTS 6) For purchasing a) goods for sale 583.263 398.555 b) various consumer goods and materials 568.573 748.131 Total for purchasing (6) 1.151.836 1.146.686

7) For services a) business services 1) principals - social security contributions and fees 39.411.070 40.674.816 - provisions for employees severance indemnity 1.635.448 1.604.523 41.046.518 42.279.339

2) external inspectors 342.034 375.636 3) third party processing 1.938.744 2.220.418 4) other business services 3.278.054 3.471.391 46.605.350 48.346.784 b) professional services 1) professional performances 3.876.007 2.444.872 2) legal advocacy 1.449.484 1.451.933 3) consultations 0 0 4) staff selection, education and training 211.050 128.581 5.536.541 4.025.386 c) functioning services 1) operating services 9.209.187 9.447.805 2) information technology services 6.551.603 7.423.429 3) travel expenses and external activity 577.320 632.084 4) financial services 883.726 777.947 5) advertising and communication services 867.899 1.023.327 6) provisions for charges for services funds 0 346.732 18.089.735 19.651.324

d) corporate bodies and different organisms 1.022.620 988.426 Total for services (7) 71.254.246 73.011.920

8) For the use of third parties goods a) third parties real estate 8.796.504 8.578.127 b) rental and leasing of goods and various equipment 436.126 176.271 Total for the use of third parties goods (8) 9.232.630 8.754.398

9) For the staff a) fixed compensations 1) fixed compensations 49.224.848 51.696.960 2) compensations for inspection activity, extraordinary works and various 2.495.380 2.508.290 51.720.228 54.205.250 b) social security charges 13.079.066 14.040.261 c) employees severance indemnity 4.065.428 4.264.808 d) retirement pension and similar 0 0 e) other costs 5.016.276 5.251.800 Total for the staff (9) 73.880.998 77.762.119

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10) Amortizations and devaluations a) amortizations of the intangible fixed assets 8.407.204 5.993.751 b) amortizations of the tangible fixed assets 1.501.611 1.973.244 c) other devaluations of the fixed assets 0 0 d) devaluation of the receivables included in current asset and cash 276.084 389.358 Total amortizations and devaluations (10) 10.184.899 8.356.353

12) Provision for risks and charges a) provisions to funds for future charges 2.042.074 5.190.148 Total provisions for risks and charges (12) 2.042.074 5.190.148

14) Different management charges a) Solidarity Fund 793.388 1.289.010 b) supplementary contribution pensions fund 0 0 c) associates extraordinary contribution 0 0 d) representation expenses 47.711 45.596 e) expenses for the organization of national and international conferences 328.134 214.532 f) cultural promotion 3.028.003 3.979.739 g) social activities 12.694.387 9.673.528 h) different taxes and fees 1.387.302 1.865.133 i) different expenses 847.131 900.601 Total different management charges (14) 19.126.056 17.968.139 TOTAL PRODUCTION COSTS (B) 186.872.739 192.189.763

DIFFERENCE (A-B) (3.963.346) (12.146.992)

C) REVENUES AND FINANCIAL CHARGES 16) Other financial revenues a) from receivables stated under fixed assets 34.059 33.837 b) from securities stated under fixed assets 1) dividends 0 10.966.269 2) interests income on securities 1.893.171 1.934.730 3) various revenues on securities 12.395 12.395 1.905.566 12.913.394 c) from securities stated under current assets - interests income on securities stated under current assets 631.596 1.184.901 - capital gains on securities stated under current assets 0 24.955 631.596 1.209.856 d) revenues other than those referred above 1) interests income on postal and bank accounts 773.644 836.581 2) interests on receivables from Inland Revenue 40.000 260.000 3) interests and other financial revenues 2.370.184 2.368.575 4) default interests and Private Copy penalties 43 3.000 3.183.871 3.468.156 Total other financial revenues (16) 5.755.092 17.625.243

17) Interests and other financial charges a) Interests and other financial charges (360.277) (772.501) Total interests and other financial charges (360.277) (772.501)

17-bis) Profits and losses on exchanges rate a) exchange rate differences (917) 347 Total profits and losses on exchanges rate (17-bis) (917) 347 TOTAL PROFITS AND FINANCIAL CHARGES (C) 5.393.898 16.853.089

D) ADJUSTMENTS OF FINANCIAL ACTIVITIES VALUE 18) Revaluations 0 0 19) Devaluations (172.700) 0 ADJUSTMENTS OF FINANCIAL ACTIVITIES VALUE (D) (172.700) 0

RESULT BEFORE TAXATION 1.257.852 4.706.097 22) INCOME TAXES a) Current taxes - Ires 404.845 0 - Irap 0 0 404.845 0 b) taxes related to previous accounting periods - previous accounting periods Ires 0 0 - previous accounting periods Irap 0 (102.948) 0 (102.948) b) Deferred taxes - Assets (528.552) 0 - Liabilities 0 852.446 (528.552) 852.446 TOTAL INCOME TAXES (22) (123.707) 749.498

23) RESULT OF THE ACCOUNTING PERIOD 1.381.559 3.956.599

16 TRANSPARENCY REPORT 2018

CASH FLOW STATEMENT 2018 2017 A. Financial flows deriving from the operating Activity (indirect method) Profit (loss) of the accounting period 1.381.559 3.956.599 Income taxes (123.707) 749.498 Interests expense / (interests income) (5.508.657) (6.498.311) (Dividends) (3.500.000) (14.957.218) (Capital gains)/ capital losses deriving from the activity disposal 92.330 586.438 1. Profit (loss) of the accounting period before income taxes, interests, dividends and capital gains/losses of activity disposal (7.658.475) (16.162.994)

Adjustments for non-monetary elements which did not have compensation in the net working capital Allocations to provisions 6.107.502 5.190.148 Amortizations of the fixed assets 9.908.815 7.966.995 Devaluations for sustainable value losses 276.084 389.358 Value adjustments of financial profits and losses of derivative financial instruments that do not involve monetary movement 172.700 0 Other adjustments for non-monetary elements 4.848.577 6.377.373 2. Financial flow before the variations of the net working capital 21.313.678 19.923.874

Variations of the net working capital Decrease /(increase) of the inventories 0 0 Decrease/(increase) of the receivables from customers 162.348.888 (77.323.492) Increase /(decrease) of the payables to suppliers (4.986.022) (2.182.489) Decrease /(increase) of the accruals and prepaid expenses (2.167.795) 15.980.662 Increase /(decrease) of the accruals and deferred incomes 369.411 148.647 Other variations of the net working capital (155.522.800) 48.947.824 3. Financial flow after the variations of the net working capital 41.682 (14.428.848)

Other adjustments Collected interests/(paid) 3.797.939 5.168.653 (Paid income taxes) 0 0 Collected dividends 3.500.000 2.800.000 Use of funds (17.016.558) (26.857.242) Other collections/payments 0 (494.108) 4. Financial flow after the other adjustments (9.718.619) (19.382.697)

Financial flow of the operating Activity (A) 3.978.266 (30.050.665)

B. Financial flows deriving from the investment activity

Tangible fixed assets (Investments) (726.173) (1.970.820) Disinvestments 151.619 33.293

Intangible fixed assets (Investments) (6.385.757) (5.823.859) Disinvestments 0 75.022

Financial fixed assets (Investments) (12.900.498) (1.932.476) Disinvestments 12.778.371 2.440.028

Non-fixed financial assets (Investments) (49.610.800) 0 Disinvestments 0 0

Financial flow of the investment activity (B) (56.693.238) (7.178.812)

CASH FLOW STATEMENT 2018 2017 C. Financial flows deriving from the financing activity

Third parties means Increase/(decrease) short terms payables to banks 28.129 (570) Allocation of loans 0 0 (Refund of loans) 0 0

Own means Payment capital increase 0 0 (Refund of capital) 0 0 Disposal/(purchase) of own shares 0 0 Dividends (and advances on dividends) paid 0 0 Financial flow of the financing activity (C) 28.129 (570)

Increase (decrease) of cash (a ± b ± c) (52.686.843) (37.230.048)

Exchange rate effect on cash 0 0

Cash at January 1 208.158.886 245.388.934

Cash at December 31 155.472.043 208.158.886

18 TRANSPARENCY REPORT 2018

Separate accounts

Solidarity Fund

Balance sheet 2018 2017 Asset B) FIXED ASSETS III) Financial fixed assets 2) Receivables: d) from others 0 1.190.949

3) Other securities: b) securities SF 0 0 d) securities "Real Estate" SF 31.200.000 31.200.000 e) securities "Financial Fund" 61.190.949 60.000.000 Total Financial fixed assets (III) 92.390.949 92.390.949 TOTAL FIXED ASSETS (B) 92.390.949 92.390.949 C) CURRENT ASSET

II) Receivables - receivables from others 3.000.000 0 Total receivables (II) 3.000.000 0

IV) Cash 1) Bank and postal deposits 669.118 5.403.537 Total Cash (IV) 669.118 5.403.537 TOTAL CURRENT ASSET (C) 3.669.118 5.403.537 D) ACCRUALS AND PREPAID EXPENSES a) Accruals and prepaid expenses 4.993 0 TOTAL ACCRUALS AND PREPAID EXPENSES (D) 4.993 0 TOTAL ASSET 96.065.060 97.794.486

Liabilities B) FUNDS FOR RISKS AND CHARGES 3) Others a) Solidarity Fund 1) benefits payment fund 3.202.241 3.202.241 2) capital provisions 6.108.180 6.108.180 3) restricted fund future solidarity performances 80.841.640 81.392.742 4) permanent reserve 2.866.024 2.866.024 Total funds for risks and charges 93.018.085 93.569.187 TOTAL FUNDS FOR RISKS AND CHARGES (B) 93.018.085 93.569.187 D) PAYABLES g) different payables 1) different payables 3.046.950 4.225.299 2) payables due to SIAE 0 0 TOTAL PAYABLES (D) 3.046.950 4.225.299 E) ACCRUALS AND DEFERRED INCOMES a) Accruals and deferred incomes 25 0 TOTAL ACCRUALS AND DEFERRED INCOMES (E) 25 0 TOTAL LIABILITIES 96.065.060 97.794.486 19

Revenues and expenditures 2018 2017 A) PRODUCTION VALUE TOTAL PRODUCTION VALUE (A) 1.433.954 2.415.244 B) PRODUCTION COSTS Management and functioning costs 305.732 504.787 Staff 213.842 138.748 Other management charges - associates ordinary contributions 793.389 1.289.010 - provision for the solidarity performances restricted fund 0 0 - various charges 277 32.376 Total other management charges 793.666 1.321.386 TOTAL PRODUCTION COSTS (B) 1.313.240 1.964.921 DIFFERENCE (A-B) 120.714 450.323 INCOMES AND FINANCIAL CHARGES Other financial revenues - Interests income on securities 0 0 - Interests income on bank deposits 0 0 Total other financial revenues 0 0 Interests and other financial charges - interests and other financial charges 0 0 Total interests and other financial charges 0 0

TOTAL REVENUES AND FINANCIAL CHARGES (C) 0 0 RESULT BEFORE TAXATION 120.714 450.323 Current taxes - Ires 120.714 450.323 - Irap 0 0 Total income taxes 120.714 450.323 RESULT OF THE ACCOUNTING PERIOD (0) 0

20 TRANSPARENCY REPORT 2018

Endorsement Management

2018 2017 - Receivables/(payables) of SIAE 973.519 817.816

Revenues and expenditures 2018 2017 PRODUCTION VALUE Revenues from sales and performances - Endorsement rights 2.367.753 3.063.341 - other revenues 300.000 0 - administrative rights 0 6.876 TOTAL PRODUCTION VALUE (A) 2.667.753 3.070.217

PRODUCTION COSTS Management and functioning costs 1.308.301 1.347.801 Staff 1.130.397 1.393.526 Different management charges - risks and charges provision 0 0 - other management charges 73.352 179.270 Total different management charges 73.352 179.270

TOTAL PRODUCTION COSTS (B) 2.512.050 2.920.597

DIFFERENCE (A-B) 155.703 149.620

REVENUES AND FINANCIAL CHARGES 0 0 RESULT BEFORE TAXATION 155.703 149.620 Current taxes - Ires 0 41.145 - Irap 0 0 Total income taxes 0 41.145 RESULT OF THE ACCOUNTING PERIOD 155.703 108.475

Project "SILLUMINA"

2018 2017 - Receivables/(payables) of SIAE 20.355.526 15.785.288 Income Statement 2018 2017 A) PRODUCTION VALUE 5) Other incomes and revenues c) other revenues - Expenses reimbursement Ban 1- Urban peripheries 2.488.000 2.782.500 - Expenses reimbursement Ban 2- New works 1.866.000 1.855.000 - Expenses reimbursement Ban 3- Artistic residencies and training 6.220.000 1.855.000 - Expenses reimbursement Ban 4- National and international live 1.866.000 1.855.000 - Expenses reimbursement Ban 5- Translation and distribution abroad 0 927.500 - Expenses reimbursement cultural Activity management costs 495.060 324.678 Total other incomes and revenues (5) 12.935.060 9.599.678 TOTAL PRODUCTION VALUE (A) 12.935.060 9.599.678

B) PRODUCTION COSTS 7) For services d) professional and technical services 1) administrative, technical and legal services - Cultural Activity commission fees 205.000 135.000 - Cultural Activity social security contributions 0 0 - Cultural Activity expenses reimbursements 0 0 - Professional services 0 0 - Accountant certification 55.000 40.000 260.000 175.000 e) different services - Advertising and sponsorships 235.060 149.678 235.060 149.678 Total for services (7) 495.060 324.678

14) Different management charges

d)Siae activity in international field, copyright promotion, studies and initiatives related to promotion, development and diffusion of the artistic and literary italian heritage - Contribution cultural Activity Ban 1 - Urban peripheries 2.488.000 2.782.500 - Contribution cultural Activity Ban 2- New works 1.866.000 1.855.000 - Contribution cultural Activity Ban 3- Artistic residencies and training 6.220.000 1.855.000 - Contribution cultural Activity Ban 4- National and international live 1.866.000 1.855.000 - Contribution cultural Activity Ban 5- Translation and distribution abroad 0 927.500 12.440.000 9.275.000

Total different management charges (14) 12.440.000 9.275.000 TOTAL PRODUCTION COSTS (B) 12.935.060 9.599.678

RESULT OF THE ACCOUNTING PERIOD 0 0

22 TRANSPARENCY REPORT 2018

b) Description of the activities performed throughout the accounting period

The events that characterized the accounting period are commented in the Management Report reported in the Financial Statement (published on the website www.siae.it) to which reference is made.

It is considered useful to specify the most significant corporate information.

The structure:

- 1.134 employees (1.160 in 2017): 1112 in permanent employment and 22 in fixed-term

- 1 Directorate General in Rome - 437 Agents - 10 regional / inter-regional Offices - 28 Branches

2018 economic data:

- € 781 million of turnover - € 727 million from Copyright and other intermediation services - € 698 million the rights allocated/paid to the right-holders (including the Private Copy);+ €17 million, equal to +2,5% compared to 2017

- 14,9% the average commission applied on collections - € 150 million in taxes paid to the tax authority (IVA, IRPEF, etc.) - € 0,8 million paid in solidarity contributions

- € 12,4 million on the project SILLUMINA (Private Copy) - € 2,6 million in cultural provisions to apply on special sectional accounts - € 0,5 million in social and cultural grants

- 90.828 Authors and Publishers who are member of SIAE with 10.770 applications in 2018 - 14,5 million of works directly managed - 55 million of works managed through reciprocal representation contracts - 270 agreements with foreign companies for the management of the SIAE repertory in the world and of the foreign repertory in Italy

- 1,2 million of licensing contracts (public performance and representation, background music, TV, online radio, CD/DVD, etc.)

- 578.000 users of the SIAE repertory on the territory - 493.000 clubs on the territory - 1.600.000 events a year (4.600 events each day) c) Details regarding the refusal to confer a license in accordance with art. 22, subparagraph 2

During 2018, in SIAE, there were 4 cases of refusal to grant licences for reasons related to the lack of the guarantee required by art. 3 of the permit for shows and detention by organizers already in default to SIAE.

With the exception of the cases mentioned above, SIAE has issued licences on a regular basis, except the cases of withdrawal or failure to release due to the users non fulfillment of the conditions established in the licences themselves, or due to the denial set by the adherents to whom this faculty has been reserved in relation to the nature of the right.

In this regard, it should be noted that the reference conditions under which licences are granted are published on the institutional website www.siae.it. d) SIAE Legal and governance structure

SIAE is a public economic body with a membership organization, ruled by the Act January 9, 2008 no.2. In particular, the article no. 1, subparagraph 2, states that SIAE activity is regulated by the rules of private law. The year 2017 – at the end of a process started in 2016 according to the art. 20 of the Act of August 12, 2016, no. 170, which contains the standards for the transposition of the Directive 2014/26/UE – saw the approval of the Legislative Decree of March 15, 2017 no. 35, published on the Official Gazette of the Italian Republic of March 27, 2017, no. 72, for the transposition into national law of the afore-mentioned Directive regarding the collective management of copyrights and neighboring rights and the granting of multiterritory licenses for rights on musical works for the online utilization in the internal market (came into effect on April 11, 2017), a measure particularly important for the organizational, regulative and operative framework of the Company.

Strictly connected (as partially amends the afore-mentioned Legislative Decree no.35/2017) is the article 19 “Liberalization of copyright collecting” of the Legislative Decree October 16, 2017 no. 148, “Urgent dispositions in financial matters and for non-delayable needs” (published in the G.U. S.G. no. 242 of October 16, 2017) converted by the Act December 4, 2017, no. 172 (published in the G.U. S.G. no. 284 of December 5, 2017), with which – essentially through a modification applied to the article 180 of the copyright law – other collective management companies set out in the Legislative Decree March 15, 2017, no.35 are put next to SIAE in the execution of copyright intermediation activities.

24 TRANSPARENCY REPORT 2018

The 2018 Tax Decree (Decree Law No. 148 of 16 October 2017), linked to the 2018 Budget Law (Law No. 205 of 27 December 2017), defined the market structure that authorized (in addition to SIAE) other non-profit entities to collect copyright in Italy.

The Company updated the Memorandum of Association (approved with Ministerial Decree on March 16, 2018) and the general Rules. Lastly, SIAE is a “generalist” management body whose rights intermediation activity regards all the artistic fields, currently divided into five specific sections: Music, Dor, Olaf, Lyric and Cinema. The financial resources needed for the realization of the SIAE purposes only come from the activity performed. Therefore, SIAE does not use – neither directly nor indirectly – any transfer, grant, loan or utility which burden on the State or on any other public entities or organisms accounts. The results of the economic and financial management do not contribute neither to the requirement nor to the indebtedness of public administrations. Therefore, SIAE is separated from the public finance sector. SIAE Memorandum of Association is published on the corporate website www.siae.it. The Memorandum of Association outlines the corporate organization and Governance of the company. The SIAE Governance is completely committed to the bodies elected by the Associates (Assembly, Supervisory Board, Management Board and Section Committees). All the choices in the strategic and administrative sectors are therefore operated by the associates. The Company’s bodies are the Assembly (from art. 12 to 14 of the Memorandum of Association), the Supervisory Board (from art. 15 to 17), the Management Board (from art. 19 to 23) and the Audit Committee (art. 24). Article 18 of the Memorandum of Association disciplines the Advisory Committees, five in total, one for each Section in which the Company is articulated. Is also contemplated the Statutory auditing (art. 25) and the adoption of an organization and management Model able to prevent crimes, pursuant to the Legislative Decree no. 231/2001, with the establishment of a Supervisory Body with initiative and supervision powers of its own (art. 27). Although SIAE is separated from the public finance, the President of the Supervisory Body is a magistrate of the Court of Auditors. The Minister of Culture and Tourism, together with the President of the Council of Ministers, exerts the supervision on SIAE. The supervision involves also the Minister of Economy and Finance as regards matters within its competence.

Supervisory Bodies

SIAE’s internal rules are available on its website. Of particular note are: - the Company General Rules (art. 38 of the Memorandum of Association), which also contains the rules of the Sections in which SIAE is articulated, and the conciliation and arbitration procedures;

- the ethical or behavior Code (art. 38 of the Memorandum of Association), which disciplines the rules regarding the conduct of all the staff that operate in various ways for the Company, as well as the one of the associates and principals;

- the Model 231/2001.

26 TRANSPARENCY REPORT 2018

e) Entities directly or indirectly owned or controlled by SIAE

A. Norma Fund - SIAE, on December 31, 2018, holds no. 1.658 shares (equal to the 100% of the issued shares) for a total net value of € 180.401.114 (unit share value € 108.806.462) of the closed-end Common Real Estate Investment Fund “Norma”, reserved for institutional investors and established on December 19, 2011. The Fund subscribed capital as of December 31, 2018, amounts to € 164.609.996, corresponding to 1.658 shares. B. Aida Fund – At the end of the year 2012, the Norma Fund acquired the Real Estate AIDA Fund. This Fund started to operate in 2011 with an initial subscribed patrimony of € 63.900.000 divided into 639 shares with a unit value of € 100.000. Today, the Fund has a subscribed patrimony of € 79.073.964. The Fund total net value as of December 31, 2018, is equal to €75.389.360 (no. 796 shares whose unit value is equal to € 94.710,251). C. Armonia – SIAE joins the European Economic Interest Grouping (EEIG) “Armonia” created in April 2013 in order to simplify the release of pan-european licenses, offering a single hub for the utilization of the repertories that these represent, along with the transparency and the efficiency goals required by the European Union Directive 2014/26/UE on the collective management of rights. The membership fees for the 2018 accounting period amount to €185.100.

D. Fast Track (F.T. the digital copyright network) – Is a simplified Limited Company of which SIAE holds the 9,84% of the shares for a total value of € 3.642. The statutory target is to connect the databases of the different companies making them interoperable. F.T. is a technology provider that realizes solutions for the benefit of the partners and the Cisac community, aimed at the improvement of the copyright management in terms of accuracy of the information and interchange speed. E. RAI and MEDIASET - SIAE holds RAI shares for a budgetisation value equal to € 130.887 and a nominal value equal to € 1.071.100 (0,44% of the relative share capital). SIAE also owns Mediaset shares (0,0006% of the share capital) with a nominal and balance sheet value equal to € 3.615. F. Nabucco Fund – On October 2, 2014, the SIAE Solidarity Fund subscribed no. 312 shares with a total value of € 31.200.000 (unit share value of € 100.000,00) of the closed-end Common Real Estate Investment Fund, reserved to institutional investors. The Fund total net value as of December 31, 2018 amounts to € 32.486.876 (no. 312 shares of nominal value equal to € 104.124,603). G. Pentagramma Fund – On August 3, 2015, SIAE subscribed no. 2.950.000 shares of the SICAV-SIF Indaco Pentagramma for a total value equal to € 295.000.000 (unit share value of € 100). On December 31, 2015, other 595.474,394 shares were subscribed (unit share value of € 100,76) bounded to the management of the Solidarity Fund, which total value amounts to € 60.000.000. On May and June 2016 other 1.166.747,690 shares were subscribed, which unit share value is equal to € 102,85 each (total value equal to € 120.000.000) and no. 1.366.386,882 shares which nominal value amounts to € 102,46 (total value equal to € 140.000.000) In 2018 SIAE subscribed a further 12.157.218 shares. SIAE owns the 100% of the Fund shares, whose deposit is committed to the Profilo Bank and the Fucino Bank. Therefore the total value of the Fund as at December 31, 2018, amounts to € 627.157.218.

H. BIEM - SIAE is vice-president of BIEM (Bureau International des societes gerant les droits d’Enregistrement et de reproduction Mecanique), an organization located in Paris, composed by 51 companies representing 120 countries in the field of mechanical reproduction rights and whose main purpose is to ensure the recognition and the effective protection of these rights through the negotiation of standard contracts with the IFPI (International Federation of Phonographic Industry). which represents the phonographic industry, in order to establish the conditions for the utilization of the repertories managed by the Companies of the Authors. It also deals with the assurance of technical collaboration within its members. As a non-governmental organization, the BIEM represents and defends the interests of its supporter companies among the international institutions. SIAE holds a share (€ 15,24) of the share capital (€ 411) of the BIEM. f ) Remunerations paid to the Supervisory Board and to the Management Board

During the 2018 accounting period the remunerations granted to the SIAE corporate bodies were as follows: - € 341.307 to the Supervisory Board; - € 211.519 to the Management Board; - € 160.000 to the Board of Auditors. It should be noted that the Memorandum of Association (art. 8) specifically regulates the determination of the remunerations of the afore-mentioned corporate bodies. The following remunerations were also provided to other controlling bodies: - € 130.000 to the Supervisory Body 231/2001; - € 183.150 to the Auditing Firm. It is stated that in 2018 SIAE also paid a total of € 44.116 to the Section committees and € 12.000 to the Disciplinary Board, always within the limits imposed by the Memorandum of Association (art. 11). g) Financial information referred to in point 2

In the following point 2 of this document are presented: - the collections received and the connected commissions withheld during the accounting period; - the Income Statements divided between the author management and the other managements of SIAE; - the Income Statements divided into repertory, category and typology; - the financial flows connected to the distribution process of each repertory and typology; - the cash flows divided into repertories; - the balances of the operations intervened with the other Collective Management Organizations. The details of these operations are reported in the appendix of the present document (Annex 1).

28 TRANSPARENCY REPORT 2018

h) Special Relation regarding the utilization of the amounts deducted for social, cultural and educational purposes

In compliance with the requirements of art. 28, subparagraph 3 and the related Annex (point 1 h) 3 a) b)) the requested information are exposed below. During 2018, SIAE continued, in line with the past, its policy of promoting and supporting copyright, allocating financial contributions for a wide range of targeted activities, with the ambition of becoming, first and foremost, a breeding ground for projects and ideas that promote creativity, in the awareness of the great importance and multiplier potential that culture has for the overall growth of a country. In order to pursue this target, within the Music Division and the Cinema, DOR-Lyric and Olaf Sections specific support lines were established (so-called “sectional funds for cultural promotion”). During the presentation of the winners of the Competition "Fly your music!", SIAE President Giulio Rapetti Mogol, said that among the vocations of the Society there are not only the support and protection of Italian authors, but the concrete work to help our talents to promote their works beyond national borders. Moreover, the initiative carried out in partnership with Alitalia and Rockol, greatly reinforces the promotion of quality Italian music and assures many Italian talents that their musical compositions are listened to and appreciated by an audience of thousands of Italian and foreign passengers who use the plane every day to travel. Teaching and supporting young Italian artists to promote themselves abroad is also the mission of Italia Music Export-SIAE, officially launched at the end of last year: IME is the first Italian office to support the spread of Italian music across national borders and to support companies operating in the sector, through workshops on music exports, with free courses to learn the basics of the internationalization of music.

During 2018, a total of € 3 million were allocated to culture, used both in cultural and training initiatives and in projects related to social issues: from paediatric hospitals to prisons, suburbs and schools.

Of the amounts mentioned above, € 0,5 million (equal to 0,5%) come directly from the total of SIAE's royalties for the collection of copyright (€ 91,9 million). The remaining part is promoted directly by the association base through the allocation of sectional funds, the use of which is decided, for each specific area, directly by the Section Committees.

The resources that sustain these sectional funds mostly regard rights related to the public performance and representation, including the cinematographic one, the communication to the public through radio and television broadcasting done with all kind of means, the rights related to the record on every audio and video reproductive support, the reproduction rights realized through photocopies or similar system.

SIAE Italia Music Export – Budget for the first year

The three-year project "Italia Music Export" (IME), financed with funds for the cultural promotion of the Music Division, with the aim of facilitating and supporting the diffusion of Italian music abroad, concluded its first year of activity and presented the new objectives and funding for 2019. The total number of authors, performers and operators who have benefited from the financial support of the SIAE IME office is of 100 ( 87 artists and 13 operators) Italia Music Export is the SIAE office launched in November 2017 with the aim of supporting and enhancing the musical export of our country and promoting a musical "Made in Italy" that speaks in the language of contemporaneity and that is able to spread and define a new image of young Italian artists and their creativity. The new SIAE office was immediately positively received and generated a curious and receptive atmosphere, both in Italy and abroad. Italian operators and authors have been able to rely on an official SIAE structure for the development and diffusion of their works abroad, activities that until now they had carried out alone, without training, economic support and without coordination; in the same way foreign operators have found a unique partner for the Italian music industry, both in promotional and commercial and institutional contexts. The actions of Italia Music Export-SIAE have generated in the Italian music industry a new awareness of the issues of internationalization. The activities of Italia Music Export SIAE include: promotion, specific agreements, development of international relations, training events and financing. The actions that SIAE has carried out through this office have been developed according to these three directives: - Economic incentives: to finance Italian export actions, the SIAE office has launched Call Artisti 2018, the instrument created to reimburse part of the expenses related to foreign tours to authors and performers (and professionals who follow them). - Training: to provide Italian authors, musicians and operators with a basic knowledge of music export, SIAE has provided, through Italia Music Export, a personalized and prolonged assistance to each individual author, performer or professional who has contacted the office for help, information or guidance. During the last year, SIAE has published, on the Italia Music Export website, tutorials and information contents that deepen various issues related to music export. In particular, during Milano Music Week, and the programming of Linecheck, SIAE organizes several events (conferences, lessons, networking) related to music export, with the direct involvement of foreign professionals. - Visibility: to promote the knowledge of Italian music among foreign operators, in order to increase its popularity and diffusion. Through Italia Music Export, SIAE has worked to increase the visibility of Italian authors and musical works abroad: concerts of Italian music have been organized within some of the best international showcase festivals, hiring local press offices to ensure maximum visibility and a high number of foreign professionals. In addition to the patronage of the Ministry of Cultural Heritage and Activities, granted a few weeks after the launch of the office, SIAE has been able to create numerous collaborations, both at European and national level. Above all, emerges the one with EMEE (European Music Exporters Exchange), an association that

30 TRANSPARENCY REPORT 2018

brings together all the European music export offices (in turn supported by other collecting such as PRS, SACEM and others) and in which Italia Music Export of SIAE sits in the decision-making board. SIAE was also asked to participate as a strategic partner in Keychange, a programme launched by PRS and co-funded by the European Commission that aims to increase the inclusion and visibility of musicians and music professionals. The use of resources in accordance with their purpose is summarized in detail below:

SIAE FOR THE SOCIAL UNHCR – Special Night for Syria 2.000 Oltre il carcere -Scrittura scenica - Drammaturgia da 4 carceri 10.000 Donazione Fabrizio Pinna 3.000 Guardiamo oltre le frontiere: Fiorella Mannoia in concerto 15.000 Race for the Cure 3.000 Premiio Biblioteche di Roma 15.000 Ospedali Pediatrici - Bambin Gesù 4.355 Premio Solinas 16.000 Festival Restart Antimafia 5.000 La Partita del cuore 2018 20.000 Quel Sogno di un Bambino 5.000 Il Vento del Nord 20.000 Teatro Patologico 5.000 Mamme narranti 25.000 A Sanba c'è 5.000 Celebrity Fight Night in Italy 30.000 Romeo e Giulietta- L' Arte nel cuore Onlus 7.000 Premio Goliarda Sapienza – progetto biennale 2017/2018 40.000 Tensostruttura (SIAE per Amatrice) 8.000 CO2 Mussida - fase 6 60.000 Telethon 10.000 Palcoscenico della legalità 60.000 Unicef 10.000 I-Jazz Music pool (Iniziative per le Terre del sisma) 60.000 Laboratori del suono in ospedale 10.000 Una biblioteca per Scampia – progetto triennale (2017/2018/2019) 100.000 TOTAL 548.355

SIAE FOR THE TRAINING Radio Istituto Panetti 4.000 Officine della Musica 2018 15.000 Borse di studio - Fondazione De Andrè 5.000 Premio Bertoli 2018 15.000 Accademia Festival di Ghedi 5.000 Scrittura d’artista 15.000 Premio Andrea Parodi 2018 5.000 CNR – Centro Donne e Audiovisivo – progetto triennale 18.000 Premio Donida 2018 5.000 Premio Bindi 2018 20.000 Fondazione Università Ca' Foscari 5.000 No rogo 20.000 Teatro e Scrittura-Il sipario strappato 5.000 Borse di Studio Accademia “Silvio D'Amico” 25.000 Accademia Teatro alla Scala 10.000 Centro Sperimentale di Cinematografia – borse di studio 25.000 Cineonu 10.000 ISICULT 25.000 Indicibili incanti 10.000 Accademia Silvio D'Amico-Un continente perduto 30.000 Genova per Voi 10.000 Ioleggoperché 30.000 Racconti dal vero racconti dal mondo – Apollo 11 10.000 Premio Fondazione David Di Donatello 30.000 Fuori dal pollaio 10.000 Fondazione Centro Sperimentale di Cinematografia 50.000 Sicilia In Danza 2018 10.000 Tempo di libri - #Ioleggoperché 2018 50.000 Camp degli Autori – SIAE al mare 10.000 Premio Carmelo Rocca 63.000 Professione Autore - Il teatro del disagio 10.000 L’arte della scrittura scenica – Teatro Franco Parenti 70.000 Tradizione – Il teatro di domani_Skene Lab 10.000 Ti Leggo -Le frontiere della lettura negli Istituiti di pena minorile 250.000 Master in Cinema e Televisione 10.000 Italian Music Export– progetto triennale 300.000 TOTAL 1.195.000

SIAE FOR THE CULTURE Spring Attitude 2.000 Milano Music Week 15.000 Strings City 2018 2.000 Roma Summer Fest 15.000 Venus Talent show 2.000 Alitalia Musica Di Bordo - Rockol 15.000 Federculture 3.000 Linecheck 2018 15.000 Letterature - Festival Internazionale di Roma 3.000 SONG BIZ 15.000 Ebraica – Festival di Roma 5.000 Ass.Cult. SA.LI.RÒ 15.000 Gran Premio Internazionale del Doppiaggio 5.000 Tramedautore 15.000 21^Giornata Europea della Musica 5.000 Kilowatt Festival 15.000 Fond. Festival Due Mondi Spoleto 5.000 Il Cinema in piazza 20.000 Il Mito e il sogno 5.000 Campus della Musica 2018 20.000 Meraviglioso Modugno 5.000 Arezzo Wave Band 20.000 Musiche in mostra 5.000 Little Pier, Lasciateci la Musica 20.000 Nastri d'argento 5.000 Canto Italiano 2018 20.000 Per il Cinema Italiano 5.000 Radio 2 Social Club 25.000 Proscenium 5.000 Premio Massasra 25.000 Reate festival 5.000 Lucca Summer Fest 30.000 Serata Sandrelli – Casa del Jazz 5.000 Festival Sanremo Rock 31° ed. 30.000 The King of Paparazzi 5.000 Convegno Anart Premio Ideona 30.000 Tivoli Chiama! 5.000 I De Filippo. Il mestiere in scena 30.000 Umbria jazz 5.000 Festa del Cinema di Roma 40.000 Videocittà - Tributo per Ennio Morricone 5.000 1° Maggio 2018 40.000 Art Rock Museum 5.000 Casa Siae – Area Sanremo 2018 40.000 Dominio Pubblico 7.000 Festa della Musica 2018 40.000 Salina Doc Fest 9.000 Milano per Gaber 40.000 Associazione Spazio Teatro No'hma 10.000 Una marina di libri 40.000 Noir in festival 10.000 Autori under 35- Radio2 social club 45.000 Notti di cinema e non solo…a Piazza Vittorio 10.000 A tutto volume 45.000 Premio Bixio 10.000 I love GAI 50.000 55° Festival di Nuova Consonanza 10.000 Il Cinema in piazza 50.000 MI AMI 2018 10.000 Jazz Do.It– progetto triennale (2017-2019) 50.000 Ravenna Jazz 2018 10.000 Le Stanze di Tato 50.000 Rock Contest 2018 10.000 Un Tenco lungo un anno 2018 60.000 Ass.Cult.Risorse 10.000 Festival di Castrocaro 2018 75.000 Satira Festival 10.000 La Capinera 75.000 Wind Music Awards 12.500 Novant’Ennio omaggio a Morricone 80.000 Cinema in concerto – Festa del Cinema di Roma 15.000 Giornate degli Autori 85.000 Le Divas 15.000 Più libri più liberi 150.000 TOTAL 1.700.500

Fund for welfare purposes and for the encouragement of national arts

SIAE, within the Music repertoire, operates a deduction equal to 5% on the incomes resulting from Music Performing Rights to be allocated in favor of SIAE associates whose works are assigned to the Music Division. The deduction is made in compliance with model contracts of reciprocal representation with foreign Authors' Societies, or with other contracts with entities representing rights holders; the relative amounts are used exclusively for welfare purposes and to encourage the national arts. As at 31st December 2018 the Fund amounted to approximately € 33,2 million still to be used. In 2018, € 16.191.883 were withheld and € 15.958.745 were allocated (withheld in 2016) to 77.895 Authors and Composers (€8,9 million) and 2.782 Publishers ( €7,1 million).

32 TRANSPARENCY REPORT 2018

Overall, SIAE, through a multiplicity of projects and cultural promotion plans, has allocated over € 33 million to support creativity and authors most in need, in a general context in which there is a continuous reduction in any type of public support both at central and local level.

PROMOTIONAL, CULTURAL AND SOCIAL ACTIVITIES 2018 Solidarity deductions equal to 5% on musical performing rights collections 16.191.883 Project "SILLUMINA" 12.935.060 Solidarity Fund ordinary subsidies 793.388 Cultural initiatives promoted by the Section Committees 2.492.000 Cultural and training initiatives promoted by SIAE 403.500 Social initiatives 548.355 Total 33.364.186

2) Financial information referred to in point 1, letter g. a) Financial information regarding the rights incomes – Premise

A. Collections – The amounts received by the Company deriving from the collection services do not represent an income detectable in the Income Statement.

These amounts (or incomes) are intended to be divided between the Associates (and the principals) and detected in the Financial Statement as “indebtedness” towards the Associates (and the principals) themselves, without any prejudice to the fact that this definition (“indebtedness”) does not represent neither “overbalance” nor financial requirement, but amounts intended to be divided.

Allocated shares / Cultural promotion activity Collections 2018 Collections Allocated shares Net to be distributed Collections deductions Musical works: performing rights 396.352.639 70.267.355 17,7% 15.344.933 310.740.351 Musical works : reproduction rights 28.095.485 2.851.676 10,1% - 25.243.809 Musical works : private copy 25.837.873 775.136 3,0% - 25.062.737 Audiovisual works 54.242.207 5.710.831 10,5% - 48.531.376 Theatrical and Lyrical works 62.807.906 9.143.572 14,6% - 53.664.334 Literary works 6.525.294 930.182 14,3% - 5.595.112 Visual Art works 9.512.631 1.428.725 15,0% - 8.083.906 Rights from abroad 30.535.347 916.060 3,0% 846.950 28.772.337 Total collections 613.909.382 92.023.537 15,0% 16.191.883 505.693.962

During 2018 total copyright collection fell by € 4,5 million compared to 2017. By removing the amounts from prior rights of Private Copy, current collections increased by € 5 million, not considering that both 2017 and 2018 were affected by the SKY and NSTI dispute, which led to the suspension of € 28 million income.

2018 603,9 10 20

2017 612,4 6 8

2016 616,8 22

- 100,0 200,0 300,0 400,0 500,0 600,0 700,0

Current collections Backlogged compensations Non-payment

Collections 2018 - 2017

400.000.000

350.000.000

300.000.000

250.000.000

200.000.000

150.000.000

100.000.000

50.000.000

0 Musical works: Musical works : Musical works : Audiovisual Theatrical and Literary works Visual Art works Rights from performing reproduction private copy works Lyrical works abroad rights rights

2018 2017

Specifically:

- The incomes related to the utilization of the musical works decreased by around € 8 million (-1,8% on 2017). This decrease is due to the "broadcasting" sector, "reproduction rights" and "private copying", which were affected by the negative performance of the markets (advertising and physical). On the other hand, the performance of multimedia sector was excellent, also due to the

34 TRANSPARENCY REPORT 2018

efficiency of the systems for identifying the protected repertoire that generated the increase in turnover.

- The copyright collection for audiovisual works increased by approximately € 6 million compared to 2017. As regards the private copying levy for television broadcasts, despite the suspension of SKY receipts, 2018 recorded an excellent result (+12,6%) thanks to financial adjustments paid by the public broadcaster, in addition to other important transactions with second tier broadcasters.

As regards the distribution of the incomes it is noted that:

- Timing and criteria are deliberated by the Management Board following the opinion of the Section Committees composed by the Associates;

- SIAE respects the timing referred to in art. 17 of the Legislative Decree no. 35/2017;

- If requested by the interested ones, SIAE assigns important advances, allowing the authors and the editors to receive the payment of the copyright before the distribution operations.

B. Incomes – SIAE incomes consist of “allocated shares” that are withheld from the collections as a remuneration for administrative services (collections, distribution, liquidation and payment of copyrights) made for the Associates and the principals.

The incomes of the authors sector, together with the compensation for the services provided for third parties under mandate or by law and together with other incomes, represent the revenues exposed in the “production value”.

The production value, the financial incomes and the possible extraordinary incomes are intended to remunerate the production factors and the other costs and management charges. As mentioned above in the paragraph 1 a), the financial incomes are made from both the different funding sources identifiable in the Liabilities of the Balance sheet (net capital, Funds for risks and charges, debts) and the copyright management. The financial incomes deriving from the copyright management are characterized by the natural distinction between the collections and the distribution (the incoming flows deriving from the collecting anticipate the outgoing ones in favor of the Associates), whose frequency and distribution rules are determined by the Associates each year through the specific decrees approved by the Section Committees (respecting the content of the Legislative Decree 35/2017). The financial incomes, along with what happens for the majority of the other Collective Management Organizations, as the assembly of the associates decided in the reunion of 26 July 2018, concur at the coverage of the management operating costs.

SIAE allocated shares are withdrawn from the achieved incomes of the copyright holders. The invoiced amounts based on the granted licenses, but not cashed, do not origin any deduction because of the fact that the intermediation service is realized when the amounts are collected. The commission is destined to the remuneration of the sustained operating costs after the deduction of the complementary and ancillary revenues. b) Financial information regarding the cost of rights management and other services provided by the Company to the right-holders

In compliance with the Legislative Decree 35/2017, attached art. 28 subparagraph 2, Income Statements are presented as follows: 1. Income Statement with a distinction between the Authors management and the other SIAE’s managements (point 2, letter b 2) e 3)). 2. Authors Income Statement with a division for category of rights (point 2, letter b 1)) and a division for the operating costs of each category and the indication of the resources that contribute with the costs coverage.

The withheld allocated shares made from the collections and the financial incomes attributed to the category contribute to the net operating costs coverage (operating costs minus ancillary revenues). In the order:

1. Income Statement with a distinction between the Authors management and the other SIAE’s managements (point 2, letter b 2) e 3)).

SEPARATE INCOME STATEMENT 2018 AUTHORS OTHER SIAE MANAGEMENTS TOTAL SIAE COLLECTIONS 613.909.381 - 613.909.381

OPERATING COSTS Staff 59.549.732 14.331.275 73.881.007 Agents 29.721.318 11.325.181 41.046.499 Management and functioning costs 30.829.558 24.913.067 55.742.625 Information technology services 5.351.315 1.200.262 6.551.577 Amortizations and devaluations 9.371.560 813.340 10.184.900 Taxes and fees (258.293) 134.585 (123.708) TOTAL COSTS 134.565.190 52.717.710 187.282.901 Revenues for ancillary services 33.510.500 59.476.842 92.987.342 NET OPERATING COSTS 101.054.690 (6.759.131) 94.295.559

Allocated shares on collections 91.972.028 91.972.028

Financial revenues 3.385.542 319.544 3.705.086

RESULT OF THE ACCOUNTING PERIOD (5.697.120) 7.078.676 1.381.556 36 TRANSPARENCY REPORT 2018

The Income Statement shows the deficit of the Authors management which, compared to the Other SIAE management, is significantly influenced by the contribution made by the financial and asset management to the coverage of costs. The amount of financial income and assets decreased significantly (from € 16,3 million in 2017 to € 3.4 million in 2018) due to the negative trend of the financial market that led the Indaco Pentagramma Fund not to distribute dividends. The other management companies (private copying, services under agreement, etc.) made a surplus. The collection management of Private Copy benefited from the elimination of a provision made in the past and the Convention Services recovered efficiency from the centralization of some activities (previously entrusted to the Territorial network).

2. Authors Income Statement with a division for category of rights (point 2, letter b 1))

As known, SIAE is a generalist Company in the sense that through the Sections it administers each kind of creative expression in the music, cinema, theatre, lyric, literary works and visual art businesses.

MUSIC administers public performance rights, reproduction rights, communication, registration, digital reproduction, multimedia, private copy (authors share). Along with the repertory management, it collects the related rights and the various bodies’ membership fees.

CINEMA administers the private copying levy connected to the utilization of the cinematographic works. It performs services regarding the collection of films’ and haunts’ insurance shares, the public cinematographic register, etc.

DOR – LYRIC administers theatrical and lyrical works performing rights, reproduction rights, communication, digital reproduction, multimedia, private copy (authors share). It performs equipment rental services and critical editions.

OLAF administers the literary works and the visual art, in particular: act in public rights, publishing, visual arts reproduction, resale right, lending, reproduction rights, communication, digital reproduction, reprography, multimedia, private copy (authors share). It performs unpublished works registration services and frontispiece marking.

With the afore-mentioned criteria were elaborated the Income Statements related to each repertory presented in this document.

For each repertory, are identified the following categories and typologies.

REPERTORY CATEGORY TYPOLOGY Music Musical works performed in public Live & background Broadcasting Sound films Multimedia Abroad

Musical works reproduced Reproduction Broadcasting Multimedia Abroad Other: private copy, etc. Cinema Audiovisual works Broadcasting Reproduction Multimedia Abroad Other: private copy, etc. Dor-Lyric Lyrical works Representation Reproduction Broadcasting Multimedia Abroad Other: private copy, rental, etc.

Theatrical works Representation Reproduction Broadcasting Multimedia Abroad Other: private copy, etc. Olaf Literary works Acting Rental Reprography Reproduction Broadcasting Multimedia Abroad Other: private copy, etc.

Visual Art Reproduction Broadcasting Multimedia Abroad Resale Right Other: private copy, etc. 38 TRANSPARENCY REPORT 2018

For each category and typology, is produced the following standard Income Statement, given below as an example: Type of use Total category A B C Repertory COLLECTIONS

OPERATING COSTS Staff Agents Management and functioning costs Amortizations and devaluations Taxes and fees

OTHER REVENUES AND INCOMES Revenues for ancillary services

NET OPERATING COSTS

FINANCIAL REVENUES

RESULT OF THE AUTHORAL MANAGEMENT ANCILLARY SERVICES BALANCE REPERTORY TOTAL RESULT

The economic data are produced by the analytical accounting system used by SIAE for many years now. The economic data structuring consents to survey collections, revenues and costs directly on the responsibility centers, on working processes and types, categories and managed repertory. The whole data referred to the copyright constitutes the Authors Income Statement. Things are done similarly for the detection of the other SIAE managements. The allocation process detects the costs of the different organizational structures, while the accounting segregation cycles at first direct the data on each specific working process and then on the repertory/category and typology. This separation represents an additional management information. The defined working processes are: 1. Licensing e collecting 2. Processing and distribution 3. Staff 4. Governance

The costs allocation of the licensing and collecting process to repertories/categories/typologies follows the course underneath: - The costs related to the territorial network are ascribed basing on a detection of the activities used for the different businesses. The detection evaluates the documents issued by each structure, their volume and the specific processing times. This way, the single operational structure activities are measured (agencies, market control and development, debts collection) and that therefore contribute in the stabilization of the importance to assign to the specific repertory/category and typology. The importance level is also used to ascribe the costs of the other network agencies (territorial and central). - The costs of the Agents are mostly referred to the rights collection process and are directly ascribed to a repertory/category and typology as a derivation of the collections. However, a part of it is ascribed to the working process in proportion to the activity dedicated to the musical programs; this portion is a percentage that is transferred from a process to another. - The costs related to the central business structures are detected referring to a single cost center of the operative units (sections, etc.) and at the same time on an object that identifies the process/business. The importance of the operative units on the different categories and types of right is used to impute the costs of other sectional and divisional agencies.

The attribution of processing and distribution costs is mostly referred to the central business structures and is ascribed to a specific cost center and to an object that identifies the process and the repertory/category and typology. The importance of the operative units is used to ascribe the costs of other sectional and divisional agencies.

The cost related to the staff process is fed by all the charges detected on the cost centers of the structures which offer services within the business (Staff, Management, Purchases and Logistic, Information Technology, etc.), and are ascribed to the repertory/category and typology basing on the entity of the staff cost overall detected for the collecting and processing process (cost to cost in the line “Staff”).

The governance process detects the costs on the cost centers of the structures related to the social bodies, Directorate General and assistance offices as well as those assigned on orders on which the general business expenses converge (Income taxes, strategic management costs, etc.). These costs are addressed on repertory/category and typology basing on the turnover.

Resources used for the costs coverage (point 2, letter b) 4))

The revenues deriving from ancillary activities linked to the author business concur, with a downward modification of the operating costs, to the Income Statement of the repertory/category and typology, and are attributed in accordance with their complementarity with the collection (for instance: the administrative charges, the sanctions and the penalties follow the collection item they are invoiced with, while the membership fees are assigned basing on the associates of the single sections, etc.).

40 TRANSPARENCY REPORT 2018

The financial incomes are ascribed in terms of category and repertory. The imputation is made according to the capacity of each category to produce financial sources (Reserves, Funds, debts net of credits). The financial incomes concur at the coverage of the net operating costs.

Amounts withheld for social, cultural and educational services (point 2, letter b) 5))

In compliance with the provisions of the reciprocal representation agreements with the foreign Collective Management Organizations and the SIAE association agreements, the Order of Distribution of the Music Division establishes the possibility of deducting up to 10% of the copyright on musical performances and performances for the promotion of Italian music. Since 2016, the rate of deduction applied has been 5%.

The amounts withheld feed into the Fund for welfare purposes and to encourage the national arts. As at 31st December 2018 it amounted to € 33.168.688 and its use was decided by the Management Board.

Category 2018 2017 2016(*) Fund at 31/12/2018 Musical performance: dancing - entertainment 5.163.316 4.493.847 9.657.163 Musical performance : concert - other events 3.264.714 2.184.594 5.449.308 Musical performance: cinematographic 448.514 521.827 970.341 Broadcasting 4.270.000 4.531.075 8.801.075 Background music 1.455.151 3.844.567 5.299.718 Abroad 846.950 852.406 1.699.356 Multimedia 743.238 548.490 1.291.728 Previous amount Music - - 15.958.745 - TOTAL 16.191.883 16.976.805 15.958.745 33.168.688 (*) distribuite January 2018

Deductions made on the collections (point 2, letter b) 6)) The deductions made on the collections (allocated shares) during the accounting period are reported in the following table:

2018 - SIAE ALLOCATED SHARES MUSIC Musical performance rights Mechanical reproduction rights -Public performances, live and recorded, in the context of 20,8% -Video reproduction (all channels General Permission, work by work licences) 18,0% dancings, entertainments and small concerts -Use of the soundtracks of film, short films, etc. in movie theatres 20,8% -Recording by radio and tv broadcasters 11,5%

- Broadcast of tv series, films, short films, etc. soundtracks by radio -Video-musical reproduction (all channels General Permission, work by work 11,5% 9,325% and tv broadcasters licences) -Reproduction on supports sold at a reduced price or distributed for free, for -Broadcast and recording by radio and tv broadcasters 11,5% 9,325% promotional campaigns, etc. -Broadcast in public establishments with radio, tv and cable radio 21,0% -Phono reproduction (ordinary channels General Permission) 7,325%

-Public performances, as concerts, magazines, bands and theatre -Phono reproduction (Centralized licences for ordinary channels General 20,8% 7,025% variety Permission) -Phono reproduction (General Permission editorial joint-offers, work by work -Megaconcerts (collection > € 30.000) 7,0% 10,0% licences) -Background music - Radio in Store 22,0% -Utilizations abroad 3,0% -Utilizations abroad 3,0% -Phono reproduction for DJ professional use 14,0% -Online broadcast (streaming, webcasting, etc.) 10,0% DOR - LYRIC Lyric - Ballet Theatre -Original works performance or representation 8,0% -Original works representation 12,0% -Elaborated works performance or representation 22,0% -Elaborated works representation 22,0% -Broadcast and recording by radio and tv broadcasters 11,5% -Broadcast and recording by radio and tv broadcasters 11,5% -Broadcast in public establishments with radio, tv and cable radio 21,0% -Broadcast in public establishments with radio, tv and cable radio 21,0%

-Online broadcast (streaming, webcasting, etc.) 10,0% -Online broadcast (streaming, webcasting, etc.) 10,0% -Utilizations abroad 3,0% -Utilizations abroad 3,0% -Audio reproduction 10,0% -Audio reproduction 10,0% -Video reproduction 18,0% -Video reproduction 18,0% OLAF Literary works Visual art -Broadcast by radio and tv broadcasters 11,5% -Broadcast by radio and tv broadcasters 11,5% -Broadcast in public establishments with radio, tv and cable radio 21,0% -Broadcast in public establishments with radio, tv and cable radio 21,0%

-Visual art works reproduction (pictures, sculptures, graphic works and - Reading and acting in public of literary works 8,0% 12,5% photographies) - Lending provided by public libraries 7,5% - Resale right (sales of works, subsequent to the first) 17,0% -Reprography (reproduction, for personal use within the 15% of 20,0% -Online broadcast (streaming, webcasting, etc.) 10,0% the volume) -Online broadcast (streaming, webcasting, etc.) 10,0% -Utilizations abroad 3,0% -Utilizations abroad 3,0% -Video reproduction 18,0% -Audio reproduction 10,0% -Video reproduction 18,0% -Publishing rights 3,0% CINEMA Audiovisual works - Private copying levy for television broadcasting of audiovisual 11,0% works - Private copying levy for video reproduction of audiovisual works 18,0%

-Online broadcast (streaming, webcasting, etc.) 10,0% -Utilizations abroad 3,0%

42 TRANSPARENCY REPORT 2018

c) Financial information regarding the amounts due to the right-holders

The financial flows of the amounts destined to the distribution are structured as follows:

Flows to be allocated at January 1, 2018 825.317.951 Advances at January 1, 2018 (82.715.607) Fund for Music prepayments devaluations 266.176 Total at January 1, 2018 742.868.519 Net collections 2018 521.186.146 Amounts distributed in 2018 (552.736.516) Total at December 31, 2018 711.318.150 Flows to be allocated at December 31, 2018 791.447.868 Advances at December 31, 2018 (80.378.779) Fund for Music prepayments devaluations 249.061 Total at December 31, 2018 711.318.150

Relationships with other foreign Collective Management Organizations (point 2, letter d))

The 2018 Balance of Payments to and from abroad, points out a negative balance equal to € 76.282.720.

ABROAD - Collections and Payments Collections Payments Balance CINEMA 2.682.690 (13.391.760) (10.709.070) DOR 981.053 (450.255) 530.798 LYRIC 60.875 (273.089) (212.214) OLAF 3.574.340 (2.649.208) 925.131 MUSIC 23.110.859 (90.053.754) (66.942.895) DIRECT MANAGEMENTS 125.530 125.530 Total 30.535.346 (106.818.067) (76.282.720)

This is due to collections (net of the “commissions” withheld by the foreign companies) of € 30.535.346 which resulted much lower than the amount distributed to other foreign Collective Management Organizations.

The Sections/Divisions movements from and to foreign countries are represented below.

Direct Managements Lyric Olaf 126 SIAE 61 3.574 € 30.535 Dor 981

Cinema 2.683 COLLECTIONS from ABROAD

Music 23.111

amounts expressed in thousands of euros

It is pointed out that each collecting company transfers the rights net of its allocated shares. On the collections coming from abroad, SIAE restrains a commission equal to 3%.

44 TRANSPARENCY REPORT 2018

More details can be found in the Annex to the document. *** For a better exposure, the data regarding repertories, categories and economic typologies (Annex art. 28, subparagraph 2, p.2 b), the information regarding the distribution of the rights (Annex art. 28, subparagraph 2, p.2 c), and the relationships with other Collective Management Organizations (Annex art. 28, subparagraph 2, p.2 d), are reported in different chapters structured basing on the repertory. Details regarding the balance of payments of each repertory are reported in the Appendix (Attachment 1).

It is pointed out that the implementation of the Directive during the 2017 accounting period has made impossible to expose some specific data provided for in p. c) 4 and 5 (the indication of the accounting period in which the collection of the not attributed and not distributed rights took place). Similar information will be available starting from the next accounting period, with effects from 2017 onwards. Similarly, what is provided for in points 6 and 7 will only be implemented in the future accounting periods starting from 2018 onwards.

In particular, for a better comprehension of the data reported in the following tables made for each repertory, see the logical scheme referred to the rights workflows set out in letter c).

Rights processing flow 80

0 Collection net Cultural Previous Amounts to be Not allocated Allocated Not Distributed Initial Not paid Paid of the promotion amount allocated distributed residuals allocated activity shares deductions (5%) ***********

Transparency Report was drafted, in each significant aspect, according to the dispositions set out in the Legislative Decree no. 35 of March 15, 2017. The President

MUSIC REPERTORY

SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it

Collections 2018

Deductions for Collections to Musical works performed in public Gross collections Allocated shares % B/A cultural promotion allocate (A-B) activities

A B C Radio 12.718.323 1.462.603 11,5% 563.796 10.691.924 Television 75.403.706 8.671.424 11,5% 3.330.262 63.402.020 Satellite 9.731.136 1.119.080 11,5% 375.942 8.236.114 Music film 11.326.099 2.355.820 20,8% 448.514 8.521.765 Live music 145.143.219 28.939.545 19,9% 5.163.316 111.040.358 Mus. Mechanical instrument i. Discotheques 36.746.093 7.643.075 20,8% 1.455.151 27.647.867 Mus. Mechanical instrument ii. Other 83.157.445 17.863.157 21,5% 3.264.714 62.029.574 Online multimedia 22.126.618 2.212.651 10,0% 743.238 19.170.729 Total 396.352.639 70.267.355 17,7% 15.344.933 310.740.351

Deductions for Collections to Musical works reproduced Gross collections Allocated shares % B/A cultural promotion allocate (A-B) activities

A B C Radio 934.498 107.467 11,5% - 827.031 Television 10.089.839 1.160.331 11,5% - 8.929.508 Phonographic market i. National 11.479.221 1.055.269 9,2% - 10.423.952 Phonographic market ii. Centralized licenses 3.183.405 223.634 7,0% - 2.959.771 Videographic market i. National 801.609 144.285 18,0% - 657.324 Synchronisation rights - - 0,0% - - Private Copy i. Audio 23.469.291 704.079 3,0% - 22.765.212 Private Copy ii. Video 2.368.582 71.057 3,0% - 2.297.525 Online Multimedia 1.388.019 138.801 10,0% - 1.249.218 Mobile Multimedia 218.894 21.889 10,0% - 197.005 Total 53.933.358 3.626.812 6,7% - 50.306.546

Deductions for Collections to COLLECTIONS FROM SISTER COMPANIES Gross collections Allocated shares % B/A cultural promotion allocate (A-B) activities

A B C Musical works performed in public 17.462.877 523.885 3,0% 846.950 16.092.042 Musical works reproduced 5.647.982 169.439 3,0% 5.478.543 Total 23.110.859 693.324 3,0% 846.950 21.570.585 TOTAL 473.396.856 74.587.491 15,8% 16.191.883 382.617.482

48 TRANSPARENCY REPORT 2018

Workflows (ex Att. art. 28 lett. c) pts 1,3,4,5)

Music - Performing and reproduction musical works Amount destined Collected and not Frequency of Category name Attributed Not distributed Distributed to be allocated attributed distribution* Musical performance - current 401.507.919 208.028.569 193.479.351 16.532.298 176.947.052 S Broadcasting - current 233.245.847 182.512.845 50.733.002 7.165.307 43.567.695 S - A Private copy - current 53.814.543 25.676.672 28.137.871 - 28.137.871 S Abroad - current 37.176.034 17.209.062 19.966.973 705.197 19.261.776 S Mechanical reproduction rights - current 27.367.401 13.912.374 13.455.028 238.913 13.216.115 S Multimedia - current 33.164.224 25.050.666 8.113.558 4.086.933 4.026.625 S - T Previous amount Music 213.266.050 13.959.971 199.306.079 43.758.827 155.547.251 S - A Total 999.542.018 486.350.158 513.191.861 72.487.475 440.704.385

(*) A - Annual, S - Semiannual, F - Four-monthly, Q - Quarterly, B - Bimestrial, M - Monthly

Financial Flow (ex Att. art. 28 lett. c) pt 2)

Distributed Initial residue Total distributed Paid Final debt 440.704.385 (67.161.016) 373.543.369 433.256.953 (59.713.584)

Financial flow 500.000.000 440.704.385 (67.161.016) 400.000.000 373.543.369 433,256.953

300.000.000

200.000.000

100.000.000

(59.713.584) 0 Distributed Initial amount Total distributed Paid Final debt/(credit) -100.000.000

Detail of collected and not attributed rights (ex Att. art. 28 lett. c) pt 4)

Music - Performing and reproduction musical works Accounting periods in which these rights were collected and not attributed Total amount collected and Category name Previous accounting periods 2017 2018 not attributed yet Musical performance - current 10.088.260 197.940.309 208.028.569 Broadcasting - current 100.402.551 82.110.293 182.512.845 Mechanical reproduction rights - current 88.412 13.823.962 13.912.374 Private copy - current 25.676.672 25.676.672 Abroad - current 855.264 16.353.797 17.209.062 Multimedia - current 3.694.890 21.355.776 25.050.666 Previous amount Music 13.959.971 13.959.971 Total 13.959.971 115.129.377 357.260.809 486.350.158 Detail of attributed and not distributed rights (ex Att. art. 28 lett. c) pt 5)

Music - Performing and reproduction musical works Accounting periods in which these rights were attributed and not distributed Total amount attributed and Category Name Previous accounting periods 2017 2018 not distributed yet Musical performance 16.487.085 45.213 16.532.298 Broadcasting 7.165.307 - 7.165.307 Mechanical reproduction rights 238.913 238.913 Multimedia 4.086.933 4.086.933 Abroad 705.197 705.197 Private copy - Previous amount Music 43.758.827 43.758.827 Total 43.758.827 28.683.435 45.213 72.487.475 Reasons of not attributed and not distributed rights (ex Att. art. 28 lett. c) pt 6)

Music - Performing and reproduction musical works Collected and not attributed rights Category Name 2017 Musical performance - current 10.088.260 Broadcasting - current 100.402.551 Mechanical reproduction rights - current 88.412 Abroad - current 855.264 Multimedia - current 3.694.890 Total 115.129.377 The rights were not allocated within nine months of collection due to lack of allocation requirements such as incomplete incomes (advances to be paid) or missing reports. These circumstances are physiological, above all for the "broadcasting" and "multimedia" types.

Music - Performing and reproduction musical works Attributed and undistributed rights Category Name 2017 Musical performance 16.487.085 Broadcasting 7.165.307 Mechanical reproduction rights 238.913 Multimedia 4.086.933 Abroad 705.197 Total 28.683.435

50 TRANSPARENCY REPORT 2018

The rights assigned have not been distributed due to lack of or irregularity in the work registration forms, for the non-identifiability of the work used, for incomplete reports, for ongoing disputes, for withdrawal of the mandate, etc..

Amounts received and payed to other Collective Management Organizations (ex Att. art. 28 lett. d))

Music Collections from other Collective management Organizations Payments to other Collective management Organizations Category name Amounts received Management costs Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 17.462.877 523.886 846.950 95.260 - 85.868.326 - 18.653.660 - 4.519.386 Mechanical reproduction rights 5.647.982 169.439 - 47.235 - 4.185.428 - 284.824 - Other types of rights ------Total 23.110.859 693.326 846.950 142.495 - 90.053.754 - 18.938.484 - 4.519.386

Financial information regarding the incomes and the costs related to the rights management (ex Att. art. 28 c.2 lett. a) e b))

Type of use Total category Musical performance PERFORMING Live & Broadcasting Multimedia Abroad Sound films* RIGHTS Background* COLLECTIONS 240.260.462 11.326.099 122.639.461 22.126.617 17.462.877 413.815.516

OPERATING COSTS 78.673.829 4.078.622 14.412.075 3.010.942 1.142.475 101.317.943 Staff 33.237.625 1.901.400 5.914.538 1.416.565 512.365 42.982.493 Agents 21.791.573 805.453 2.829.143 0 0 25.426.169 Management and functioning costs 18.354.816 1.010.019 4.560.685 1.259.293 485.333 25.670.146 Amortizations and devaluations 5.422.860 368.140 1.136.330 336.796 140.607 7.404.733 Taxes and fees (133.045) (6.390) (28.621) (1.712) 4.170 (165.598)

OTHER REVENUES AND INCOMES 15.041.411 566.338 4.634.776 338.845 111.777 20.693.147 Revenues for ancillary services 15.041.411 566.338 4.634.776 338.845 111.777 20.693.147

NET OPERATING COSTS 63.632.418 3.512.284 9.777.299 2.672.097 1.030.698 80.624.796

FINANCIAL REVENUES 2.252.064

PERFORMING RIGHTS AUTHORAL MANAGEMENT RESULT (7.581.493)

Type of use Total category REPRODUCTION Reproduction Broadcasting Multimedia Private Copy Abroad RIGHTS COLLECTIONS 15.464.236 11.024.337 1.606.913 25.837.873 5.647.982 59.581.341

OPERATING COSTS 2.818.962 906.407 218.665 121.063 369.508 4.434.605 Staff 1.613.252 433.997 102.876 45.320 165.713 2.361.158 Agents 47.237 19.596 0 0 0 66.833 Management and functioning costs 1.005.256 361.602 91.454 61.087 156.970 1.676.369 Amortizations and devaluations 154.662 92.818 24.459 18.144 45.476 335.559 Taxes and fees (1.445) (1.606) (124) (3.488) 1.349 (5.314)

OTHER REVENUES AND INCOMES 478.662 269.207 24.608 46.850 36.152 855.479 Revenues for ancillary services 478.662 269.207 24.608 46.850 36.152 855.479

NET OPERATING COSTS 2.340.300 637.200 194.057 74.213 333.356 3.579.126

FINANCIAL REVENUES 127.067

REPRODUCTION RIGHTS AUTHORAL MANAGEMENT RESULT 344.193

AUTHORAL MANAGEMENT TOTAL RESULT (7.237.300) ANCILLARY SERVICES BALANCE 947.056 MUSIC REPERTORY TOTAL RESULT (6.290.244) The negative result refers to the contribution of financial management, which was not sufficient to cover costs. In fact, due to the specificity that music has to generate financial income, the contribution of this management is very significant (in 2017 the financial income was about € 11,6 million, in 2018 just € 2,4 million).The strong decrease is due to the lack of incomes from the Pentagramma Indaco Fund. As it can be noted from the Financial Statement, "The Indaco Pentagramma Fund” has suffered from the negative performance of most asset classes, affected by the negative performance of the financial market. The decline was 4.49% and volatility was contained at 2.32%, lower than in the main markets. The coupon flows received by the securities in the portfolio still amount to 2.65%. The loss in value of the NAV was considered temporary and a dividend could therefore have been distributed. However, in order to allow a faster recovery of the NAV, it was preferred to postpone the detachment of the dividend”.

It should also be noted that, as it can be read from the chapter "Analytical sectional accounting" of the Financial Statement 2018, the Operational management result for Music was € 0,4 million.The figure expresses that the shares due and other revenues were sufficient to remunerate all the costs of collection, processing (declarations, uses and distribution) and staff (for administrative services, procurement, personnel, legal, IT, etc.). Financial and asset management, on the other hand, did not generate sufficient income for the remuneration of corporate and general costs.

CINEMA REPERTORY

SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it

Collections 2018

Collections to Cinema - Audiovisual works Gross collections Allocated shares % B/A allocate (A-B) A B C Television 39.633.733 4.359.711 11,0% 35.274.022 Satellite 2.418.073 352.056 14,6% 2.066.017 Private Copy 9.280.895 649.663 7,0% 8.631.232 Other (DVD) 567.885 115.239 20,3% 452.646 Other (Multimedia other utilizations) 2.341.621 234.162 10,0% 2.107.459 Total 54.242.207 5.710.831 10,5% 48.531.376

Collections to COLLECTIONS FROM SISTER COMPANIES Gross collections Allocated shares % B/A allocate (A-B) A B C Audiovisual repertory 2.682.690 80.481 3,0% 2.602.209 Total 2.682.690 80.481 3,0% 2.602.209 TOTAL 56.924.897 5.791.312 10,2% 51.133.585

Workflows (ex Att. art. 28 lett. c) pts 1,3,4,5)

Cinema - Audiovisual works Amount destined Collected and not Frequency of Category name Attributed Not distributed Distributed to be allocated attributed distribution* Abroad 4.507.109 1.243.963 3.263.147 269.775 2.993.372 T Broadcasting 103.653.762 47.967.752 55.686.009 30.377.050 25.308.959 T Mechanical reproduction rights 2.519.404 611.603 1.907.801 1.172.234 735.567 S Private Copy 32.202.172 14.258.647 17.943.525 10.208.298 7.735.227 A Multimedia 5.612.959 4.382.484 1.230.475 412.775 817.701 T Previous amount Cinema 11.209.413 11.209.413 8.900.738 2.308.675 - Total 159.704.819 68.464.449 91.240.370 51.340.870 39.899.500

(*) A - Annual, S - Semiannual, F - Four-monthly, Q - Quarterly, B - Bimestrial, M - Monthly

Financial Flow (ex Att. art. 28 lett. c) pt 2)

Distributed Initial residue Total distributed Paid Final debt 39.899.500 3.490.415 43.389.915 39.445.212 3.944.703

54 TRANSPARENCY REPORT 2018

Financial Flow 50.000.000 45.000.000 3.490.415 43.389.915 39.445.212 39.899.500 40.000.000 35.000.000 30.000.000 25.000.000 20.000.000 15.000.000 10.000.000 3.944.703 5.000.000 0 Distributed Initial amount Total distributed Paid Final debt/(credit)

Detail of collected and not attributed rights (ex Att. art. 28 lett. c) pt 4)

Cinema - Audiovisual works Accounting periods in which these rights were collected and not attributed Total amount collected and Category name Previous accounting periods 2017 2018 not attributed yet Abroad 3.054 1.240.908 1.243.963 Broadcasting 2.596.266 11.280.960 34.090.526 47.967.752 Mechanical reproduction rights 318.012 18.378 275.214 611.603 Private Copy 1.035.259 4.592.156 8.631.233 14.258.647 Multimedia 1.685.061 833.833 1.863.590 4.382.484 Total 5.637.653 16.725.326 46.101.470 68.464.449

Detail of attributed and not distributed rights (ex Att. art. 28 lett. c) pt 5)

Cinema - Audiovisual works Accounting periods in which these rights were attributed and not distributed Total amount attributed and Category Name Previous accounting periods 2017 2018 not distributed yet Abroad 132.832 85.625 51.318 269.775 Broadcasting 22.609.458 5.944.360 1.823.231 30.377.050 Mechanical reproduction rights 1.000.593 116.511 55.130 1.172.234 Private Copy 7.716.971 2.491.327 10.208.298 Multimedia 89.072 81.275 242.428 412.775 Previous amount Cinema 8.900.738 8.900.738 Total 40.449.665 8.719.098 2.172.107 51.340.870

Reasons of not attributed and not distributed rights (ex Att. art. 28 lett. c) pt 6)

Cinema - Audiovisual works Collected and not attributed rights Category Name 2017 Broadcasting 11.280.960 Mechanical reproduction rights 18.378 Private Copy 4.592.156 Multimedia 833.833 Total 16.725.326 The rights were not allocated within nine months of collection due to lack of allocation requirements such as incomplete incomes (advances to be paid) or missing reports, legal disputes. . These circumstances are physiological, above all for the "broadcasting" and "private copy" types.

Cinema - Audiovisual works Attributed and undistributed rights Category Name 2017 Abroad 85.625 Broadcasting 5.944.360 Mechanical reproduction rights 116.511 Private Copy 2.491.327 Multimedia 81.275 Total 8.719.098 The rights assigned have not been distributed due to lack of or irregularity in the work registration forms, for the non-identifiability of the work used, registration in another section, withdrawal of the mandate, etc.

Amounts received and payed to other Collective Management Organizations (ex Att. art. 28 lett. d))

Audiovisual works Collections from other Collective management Organizations Payments to other Collective management Organizations Category name Amounts received Management costs Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 2.116.496 63.495 - 2.053.001 9.771.808 1.228.764 - Mechanical reproduction rights 566.194 16.986 - 549.208 3.619.953 455.194 - Other types of rights ------Total 2.682.690 80.481 - 2.602.209 13.391.760 1.683.958 -

56 TRANSPARENCY REPORT 2018

Financial information regarding the incomes and the costs related to the rights management (ex Att. art. 28 c.2 lett. a) e b))

Type of use Total category AUDIOVISUAL Broadcasting Reproduction Multimedia Abroad Private Copy WORKS COLLECTIONS 42.051.807 567.885 2.341.621 2.682.690 9.280.895 56.924.898

OPERATING COSTS 2.645.906 493.191 291.775 948.569 221.864 4.601.305 Staff 1.172.167 318.963 165.563 571.728 120.683 2.349.104 Agents 0 0 0 0 0 0 Management and functioning costs 1.378.324 144.197 111.537 319.212 93.466 2.046.736 Amortizations and devaluations 138.343 30.995 16.067 57.427 14.005 256.837 Taxes and fees (42.928) (964) (1.392) 202 (6.290) (51.372)

OTHER REVENUES AND INCOMES 2.187.217 55.690 37.143 80.895 86.031 2.446.975 Revenues for ancillary services 2.187.217 55.690 37.143 80.895 86.031 2.446.975

NET OPERATING COSTS 458.689 437.501 254.632 867.674 135.834 2.154.330

FINANCIAL REVENUES 482.385

AUDIOVISUAL WORKS AUTHORAL MANAGEMENT RESULT 4.119.366 ANCILLARY SERVICES BALANCE (453.854) CINEMA REPERTORY TOTAL RESULT 3.665.512

DOR -LYRIC REPERTORY

SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it

Collections 2018

Collections to THEATRICAL AND LYRICAL WORKS Gross collections Allocated shares % B/A allocate (A-B) A B C Theatre 23.090.686 2.790.485 12,1% 20.300.201 Radio 4.424.224 508.786 11,5% 3.915.438 Television 10.421.036 1.198.419 11,5% 9.222.617 Satellite 1.689.673 194.312 11,5% 1.495.361 Public establishments 20.592.199 4.337.016 21,1% 16.255.183 Mechanical reproduction rights 59.028 9.651 16,3% 49.377 Private Copy 1.779.852 53.396 3,0% 1.726.456 Rental and critical editions 751.208 51.507 6,9% 699.701 Total 62.807.906 9.143.572 14,6% 53.664.334

Collections to COLLECTIONS FROM SISTER SOCIETIES Gross collections Allocated shares % B/A allocate (A-B) A B C Theatrical repertory 1.100.434 33.013 3,0% 1.067.421 Lyrical repertory 60.875 1.826 3,0% 59.049 Total 1.161.309 34.839 3,0% 1.126.470

TOTAL 63.969.215 9.178.411 14,3% 54.790.804

Workflows (ex Att. art. 28 lett. c) pts 1,3,4,5)

Dor - Theatrical works Amount destined Collected and not Frequency of Category name Attributed Not distributed Distributed to be allocated attributed distribution* Theatrical representation 26.431.747 7.087.454 19.344.293 2.464.517 16.879.776 T Broadcasting 62.574.868 25.694.447 36.880.421 271.445 36.608.977 M - T - A Mechanical reproduction rights 146.593 26.596 119.997 22.379 97.618 T Private Copy 1.763.922 1.763.922 - - - A Abroad 1.776.349 494.991 1.281.358 52.448 1.228.910 T Multimedia 53.719 30.983 22.736 - 22.736 T Previous amount Dor 4.302.049 4.302.049 2.949.002 1.353.047 - Total 97.049.247 35.098.393 61.950.854 5.759.791 56.191.063

Lyric - Lyrical works Amount destined Collected and not Frequency of Category name Attributed Not distributed Distributed to be allocated attributed distribution* Lyrical representation 4.814.424 982.693 3.831.731 826.579 3.005.153 Q Broadcasting 5.092.188 2.433.816 2.658.372 2.658.372 Q - A Abroad 126.033 69.655 56.379 56.379 Q Mechanical reproduction rights 46.923 20.550 26.373 26.373 A Private Copy 1.932.789 1.082.569 850.221 850.221 Q Rental and critical editions 986.790 235.734 751.056 751.056 Q Previous amount Lyric 1.298.929 1.298.929 1.286.159 12.770 - Total 14.298.076 4.825.016 9.473.060 2.112.737 7.360.323

Total 111.347.323 39.923.409 71.423.914 7.872.528 63.551.386

(*) A - Annual, S - Semiannual, F - Four-monthly, Q - Quarterly, B - Bimestrial, M - Monthly

60 TRANSPARENCY REPORT 2018

Financial Flow (ex Att. art. 28 lett. c) pt 2)

Repertory Distributed Initial residue Total distributed Paid Final debt Dor 56.191.063 2.683.764 58.874.827 55.453.179 3.421.648 Lyric 7.360.323 402.168 7.762.491 7.403.514 358.977 Total Dor-Lyric 63.551.386 3.085.933 66.637.319 62.856.693 3.780.625

Financial flow - Dor 70.000.000

2.683.764 58.874.827 60.000.000 56.191.063 55.453.179

50.000.000

40.000.000

30.000.000

20.000.000

10.000.000 3.421.648 0 Distributed Initial amount Total distributed Paid Final debt/(credit)

Financial flow - Lyric 9.000.000 402.168 7.762.491 7.403.514 8.000.000 7.360.323 7.000.000

6.000.000

5.000.000

4.000.000

3.000.000

2.000.000

1.000.000 358.977 0 Distributed Initial amount Total distributed Paid Final debt/(credit)

Detail of collected and not attributed rights (ex Att. art. 28 lett. c) pt 4)

Dor - Theatrical works Accounting periods in which these rights were collected and not attributed Total amount collected and Category name Previous accounting periods 2017 2018 not attributed yet Theatrical representation - - 7.087.454 7.087.454 Broadcasting 829.374 4.141.774 20.723.299 25.694.447 Mechanical reproduction rights - - 26.596 26.596 Private Copy 194.869 776.209 792.844 1.763.922 Abroad 6.771 53.520 434.700 494.991 Multimedia 3.765 2.153 25.065 30.983 Total 1.034.779 4.973.656 29.089.958 35.098.393

Lyric - Lyrical works Accounting periods in which these rights were collected and not attributed Total amount collected and Category name Previous accounting periods 2017 2018 not attributed yet Lyrical representation - - 982.693 982.693 Broadcasting 341.824 11.207 2.080.785 2.433.816 Abroad - - 69.655 69.655 Mechanical reproduction rights - - 20.550 20.550 Private Copy 13.627 579.181 489.761 1.082.569 Rental and critical editions - - 235.734 235.734 Total 355.451 590.388 3.879.177 4.825.016 Total 1.390.230 5.564.044 32.969.135 39.923.409

Detail of attributed and not distributed rights (ex Att. art. 28 lett. c) pt 5)

Dor - Theatrical works Accounting periods in which these rights were attributed and not distributed Total amount attributed and Category Name Previous accounting periods 2017 2018 not distributed yet Theatrical representation 1.600.103 462.085 402.329 2.464.517 Broadcasting 238.412 5.200 27.833 271.445 Mechanical reproduction rights 20.510 1.736 134 22.379 Abroad 43.919 7.098 1.431 52.448 Previous amount Dor 2.949.002 2.949.002 Total 4.851.946 476.118 431.726 5.759.791

Lyric - Lyrical works Accounting periods in which these rights were attributed and not distributed Total amount attributed and Category Name Previous accounting periods 2017 2018 not distributed yet Lyrical representation 489.419 236.539 100.621 826.579 Previous amount Lyric 1.286.159 1.286.159 Total 1.775.578 236.539 100.621 2.112.737 Total 6.627.524 712.657 532.347 7.872.528

62 TRANSPARENCY REPORT 2018

Reasons of not attributed and not distributed rights (ex Att. art. 28 lett. c) pt 6)

Dor - Theatrical works Collected and not attributed rights Category Name 2017 Broadcasting 4.141.774 Private Copy 776.209 Abroad 53.520 Multimedia 2.153 Total 4.973.656

Lyric - Lyrical works Collected and not attributed rights Category Name 2017 Broadcasting 11.207 Private Copy 579.181 Total 590.388

Total 5.564.044 The rights were not allocated within nine months of collection due to lack of allocation requirements such as incomplete incomes (advances to be paid) or missing reports, legal disputes. . These circumstances are physiological, above all for the "broadcasting" and "private copy" types.

Dor - Theatrical works Attributed and undistributed rights Category Name 2017 Theatrical representation 462.085 Broadcasting 5.200 Mechanical reproduction rights 1.736 Abroad 7.098 Total 476.118

Lyric - Lyrical works Attributed and undistributed rights Category Name 2017 Lyrical representation 236.539 Total 236.539

Total 712.657 The rights assigned have not been distributed due to lack of or irregularity in the work registration forms, for the non-identifiability of the work used, registration in another section, withdrawal of the mandate, public domain work, unidentified author etc.

Amounts received and payed to other Collective Management Organizations (ex Att. art. 28 lett. d)

Dor* Collections from other Collective management Organizations Payments to other Collective management Organizations Category name Amounts received Management costs Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 980.297 29.409 - 950.888 450.180 65.537 - Mechanical reproduction rights 756 23 - 733 74 - - Other types of rights ------Total 981.053 29.432 - 951.621 450.255 65.537 -

Lyric Collections from other Collective management Organizations Payments to other Collective management Organizations Category name Amounts received Management costs Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 60.875 1.826 - 59.049 273.089 46.828 - Mechanical reproduction rights ------Other types of rights ------Total 60.875 1.826 - 59.049 273.089 46.828 - *The total amount of the sums received does not encompass the collections from the direct management foreign users (equal to 119.381 euros) Financial information regarding the incomes and the costs related to the rights management (ex Att. art. 28 c.2 lett. a) e b))

Type of use Total category Representation Broadcasting Reproduction Multimedia Abroad Private Copy LYRICAL WORKS COLLECTIONS 3.333.355 2.850.795 15.046 10.540 60.875 962.487 7.233.098

OPERATING COSTS 1.281.403 383.100 114.548 0 287.025 13.392 2.079.468 Staff 605.615 248.342 76.106 0 173.068 8.099 1.111.230 Agents 287.836 0 0 0 0 0 287.836 Management and functioning costs 317.398 108.871 31.028 0 96.732 4.559 558.588 Amortizations and devaluations 72.578 26.054 7.414 0 17.197 893 124.136 Taxes and fees (2.024) (167) 0 0 28 (159) (2.322)

OTHER REVENUES AND INCOMES 312.349 46.280 9.860 0 25.196 2.853 396.539 Revenues for ancillary services 312.349 46.280 9.860 0 25.196 2.853 396.539

NET OPERATING COSTS 969.054 336.820 104.688 0 261.829 10.539 1.682.929

FINANCIAL REVENUES 32.429

LYRICAL WORKS AUTHORAL MANAGEMENT RESULT (738.030)

Type of use Total category Representation Broadcasting Reproduction Multimedia Abroad Private Copy THEATRICAL WORKS COLLECTIONS 19.757.331 34.156.805 100.272 52.702 1.100.434 817.365 55.984.909

OPERATING COSTS 10.842.327 1.407.626 133.372 28.370 816.848 16.981 13.245.524 Staff 5.076.914 773.545 86.612 17.975 510.558 10.512 6.476.116 Agents 2.534.507 0 0 0 0 0 2.534.507 Management and functioning costs 2.563.449 542.216 37.089 8.253 245.695 5.283 3.401.985 Amortizations and devaluations 678.194 94.729 9.695 2.166 60.303 1.292 846.379 Taxes and fees (10.737) (2.864) (24) (24) 292 (106) (13.463)

OTHER REVENUES AND INCOMES 2.914.016 934.401 16.944 3.984 100.843 3.181 3.973.369 Revenues for ancillary services 2.914.016 934.401 16.944 3.984 100.843 3.181 3.973.369

NET OPERATING COSTS 7.928.311 473.225 116.428 24.386 716.005 13.800 9.272.155

FINANCIAL REVENUES 237.691

THEATRICAL WORKS AUTHORAL MANAGEMENT RESULT (820.030)

AUTHORAL MANAGEMENT TOTAL RESULT (1.558.060) ANCILLARY SERVICES BALANCE* 6.491 DOR-LYRIC REPERTORY TOTAL RESULT (1.551.570) *The ancillary services balance encompasses Rental and Critical editions (whose 2018 collections amount to 751.208 euros ). 64

OLAF REPERTORY

SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it

Collections 2018

Collections to OLAF - Literary works Gross collections Allocated shares % B/A allocate (A-B) A B C Public recitation rights 1.488.906 239.510 16,1% 1.249.396 Radio 186.159 21.408 11,5% 164.751 Television 17.330 1.993 11,5% 15.337 Satellite 19.165 2.204 11,5% 16.961 Mechanical reproduction rights 85.955 11.233 13,1% 74.722 Reprography 2.747.753 549.550 20,0% 2.198.203 Private copy 940.962 28.229 3,0% 912.733 Public lending right 1.030.486 77.286 7,5% 953.200 Publishing rights 25.731 772 3,0% 24.959 Online multimedia 2.012 201 10,0% 1.811 Total 6.544.459 932.386 14,2% 5.612.073

Collections to OLAF - Visual art Gross collections Allocated shares % B/A allocate (A-B) A B C Television 80.000 9.200 11,5% 70.800 Satellite 11.550 1.328 11,5% 10.222 Reproduction rights 959.901 119.988 12,5% 839.913 Resale right 7.410.900 1.259.852 17,0% 6.151.048 Private copy 967.041 29.011 3,0% 938.030 Offline multimedia 54.892 5.489 10,0% 49.403 Online multimedia 9.182 1.653 18,0% 7.529 Total 9.493.466 1.426.521 15,0% 8.066.945

Collections to COLLECTIONS FROM SISTER COMPANIES Gross collections Allocated shares % B/A allocate (A-B) A B C Literary works repertory 472.387 14.172 3,0% 458.215 Visual art repertory 3.108.102 93.244 3,0% 3.014.858 Total 3.580.489 107.416 3,0% 3.473.073

TOTAL 19.618.414 2.466.323 12,6% 17.152.091

66 TRANSPARENCY REPORT 2018

Workflows (ex Att. art. 28 lett. c) pts 1,3,4,5)

OLAF - Literary works Amount destined Collected and not Frequency of Category name Attributed Not distributed Distributed to be allocated attributed distribution* Reading and acting 1.304.558 259.419 1.045.139 614.395 430.744 S Broadcasting 4.830.715 2.019.415 2.811.300 1.212.174 1.599.126 S Mechanical reproduction rights 240.510 72.545 167.964 123.810 44.155 S Reprography 12.332.288 2.198.203 10.134.085 8.405.688 1.728.397 S Publishing rights 25.438 - 25.438 - 25.438 S Rental right 3.318.500 1.892.759 1.425.741 - 1.425.741 S Abroad 1.073.190 436.763 636.427 320.295 316.132 S Private copy 2.870.396 2.192.734 677.662 12.763 664.899 S Multimedia 4.436 - 4.436 2.627 1.809 S Previous amount OLAF 2.518.008 2.518.008 1.264.814 1.253.193 - Total 28.518.039 9.071.840 19.446.199 11.956.567 7.489.633

OLAF - Visual art Amount destined Collected and not Frequency of Category name Attributed Not distributed Distributed to be allocated attributed distribution* Resale right 12.715.542 2.886.755 9.828.787 2.646.833 7.181.954 S Mechanical reproduction rights 1.129.127 407.784 721.343 43.500 677.843 S Multimedia 93.463 33.932 59.531 8.593 50.938 S Private copy 3.173.926 2.414.952 758.974 7.665 751.309 S Broadcasting 1.514.692 483.983 1.030.709 1.013.264 17.445 S Abroad 5.147.226 1.743.006 3.404.220 1.684.097 1.720.122 S Total 23.773.976 7.970.413 15.803.563 5.403.952 10.399.611 Total 52.292.015 17.042.253 35.249.762 17.360.519 17.889.244

(*) A - Annual, S - Semiannual, F - Four-monthly, Q - Quarterly, B - Bimestrial, M - Monthly

Financial Flow (ex Att. art. 28 lett. c) pt 2)

Distributed Initial residue Total distributed Paid Final debt 17.889.244 2.739.948 20.629.192 17.928.713 2.700.479

Financial flow 25.000.000

2.739.948 20.629.192 17.928.713 20.000.000 17.889.244

15.000.000

10.000.000

5.000.000 2.700.479

0 Distributed Initial amount Total distributed Paid Final debt/(credit)

Detail of collected and not attributed rights (ex Att. art. 28 lett. c) pt 4)

OLAF - Literary works Accounting periods in which these rights were collected and not attributed Previous Accounting Total amount collected and Category name 2017 2018 Periods not attributed yet Reading and acting - - 259.419 259.419 Broadcasting 438.195 724.070 857.150 2.019.415 Mechanical reproduction rights - - 72.545 72.545 Private copy 333.079 826.026 1.033.630 2.192.734 Abroad - - 436.763 436.763 Rental right 429.102 510.457 953.200 1.892.759 Reprography - - 2.198.203 2.198.203 Total 1.200.376 2.060.553 5.810.911 9.071.840

OLAF - Visual art Accounting periods in which these rights were collected and not attributed Previous Accounting Total amount collected and Category name 2017 2018 Periods not attributed yet Broadcasting 332.738 77.729 73.517 483.983 Mechanical reproduction rights - - 407.784 407.784 Private copy 465.630 887.888 1.061.434 2.414.952 Resale right - - 2.886.755 2.886.755 Multimedia - - 33.932 33.932 Abroad - - 1.743.006 1.743.006 Total 798.367 965.617 6.206.428 7.970.413 Total 1.998.743 3.026.171 12.017.339 17.042.253

Detail of attributed and not distributed rights (ex Att. art. 28 lett. c) pt 5)

OLAF - Literary works Accounting periods in which these rights were attributed and not distributed Total amount attributed and Category name Previous accounting periods 2017 2018 not distributed yet Reading and acting 513.439 56.238 44.718 614.395 Broadcasting 1.209.302 2.873 - 1.212.174 Mechanical reproduction rights 120.477 2.602 731 123.810 Private copy 12.763 - - 12.763 Abroad 241.585 33.095 45.615 320.295 Reprography 7.298.662 1.107.026 - 8.405.688 Multimedia 2.625 1 2 2.627 Previous amount OLAF 1.264.814 1.264.814 Total 10.663.667 1.201.834 91.066 11.956.567

OLAF - Visual art Accounting periods in which these rights were attributed and not distributed Total amount attributed and Category name Previous accounting periods 2017 2018 not distributed yet Broadcasting 1.012.033 1.231 - 1.013.264 Mechanical reproduction rights 41.375 2.125 - 43.500 Private copy 7.665 - - 7.665 Resale right 1.968.473 408.188 270.171 2.646.833 Multimedia 6.980 808 804 8.593 Abroad 1.573.657 99.224 11.216 1.684.097 Total 4.610.184 511.577 282.192 5.403.952 Total 15.273.851 1.713.411 373.257 17.360.519

68 TRANSPARENCY REPORT 2018

Reasons of not attributed and not distributed rights (ex Att. art. 28 lett. c) pt 6)

OLAF - Literary works Collected and not attributed rights Category name 2017 Broadcasting 724.070 Rental right 510.457 Private copy 826.026 Total 2.060.553

OLAF - Visual art Collected and not attributed rights Category name 2017 Private copy 887.888 Broadcasting 77.729 Total 965.617

Total 3.026.171

The rights were not allocated within nine months of collection due to lack of allocation requirements such as incomplete incomes (advances to be paid) or missing reports, legal disputes. . These circumstances are physiological, above all for the "broadcasting" and "private copy" types.

OLAF - Literary works Attributed and undistributed rights Category name 2017 Reading and acting 56.238 Broadcasting 2.873 Mechanical reproduction rights 2.602 Reprography 1.107.026 Abroad 33.095 Multimedia 1 Total 1.201.834

OLAF - Visual art Attributed and undistributed rights Category name 2017 Resale right 408.188 Mechanical reproduction rights 2.125 Multimedia 808 Broadcasting 1.231 Abroad 99.224 Total 511.577

Total 1.713.411 The rights assigned have not been distributed due to lack of or irregularity in the work registration forms, for the non-identifiability of the work used, registration in another section, withdrawal of the mandate, public domain work, unidentified author etc.

Amounts received and payed to other Collective Management Organizations (ex Att. art. 28 lett. d)) Literary works* Collections from other Collective management Organizations Payments to other Collective management Organizations Category name Amounts received Management costs Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical reproduction rights ------Other types of rights 472.387 14.162 - 458.226 370.220 108.191 - Total 472.387 14.162 - 458.226 370.220 108.191 -

Visual art* Collections from other Collective management Organizations Payments to other Collective management Organizations Category name Amounts received Management costs Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical reproduction rights ------Other types of rights 3.101.952 93.059 - 3.008.894 2.278.988 539.967 - Total 3.101.952 93.059 - 3.008.894 2.278.988 539.967 - * The total amount of the sums received does not encompass the collections from the direct management foreign users (equal to 6.149 euros)

Financial information regarding the incomes and the costs related to the rights management (ex Att. art. 28 c.2 lett. a) e b)) Type of use Total category LITERARY Acting Rental Reprography Broadcasting Reproduction Abroad Private copy WORKS COLLECTIONS 1.488.906 1.030.486 2.747.753 203.489 54.975 472.387 940.962 6.938.958

OPERATING COSTS 790.154 33.644 981.416 120.977 136.684 48.239 40.475 2.151.589 Staff 428.482 10.647 336.730 77.206 89.818 25.552 25.589 994.024 Agents 118.719 0 43.212 0 0 0 0 161.931 Management and functioning costs 204.416 21.931 566.585 37.401 39.563 20.365 12.896 903.157 Amortizations and devaluations 39.636 1.197 37.619 6.468 7.319 2.243 2.172 96.654 Taxes and fees (1.099) (131) (2.730) (98) (16) 79 (182) (4.177)

OTHER REVENUES AND INCOMES 146.586 15.446 122.684 14.326 6.725 4.846 6.610 317.224 Revenues for ancillary services 146.586 15.446 122.684 14.326 6.725 4.846 6.610 317.224

NET OPERATING COSTS 643.568 18.198 858.732 106.651 129.959 43.393 33.865 1.834.365

FINANCIAL REVENUES 44.655

LITERARY WORKS AUTHORAL MANAGEMENT RESULT (850.377)

Type of use Total category Broadcasting Reproduction Multimedia Abroad Resale right Private copy VISUAL ART COLLECTIONS 110.715 990.882 66.086 3.108.102 7.410.900 967.041 12.653.726

OPERATING COSTS 65.822 539.597 31.270 317.388 2.034.594 41.595 3.030.266 Staff 42.007 375.728 19.519 168.121 1.185.857 26.298 1.817.530 Agents 0 0 0 0 116.683 0 116.683 Management and functioning costs 20.349 147.894 10.133 133.993 605.500 13.253 931.122 Amortizations and devaluations 3.519 16.407 1.642 14.757 132.332 2.232 170.889 Taxes and fees (53) (432) (24) 517 (5.778) (188) (5.958)

OTHER REVENUES AND INCOMES 7.794 31.844 2.630 31.887 306.487 6.793 387.436 Revenues for ancillary services 7.794 31.844 2.630 31.887 306.487 6.793 387.436

NET OPERATING COSTS 58.028 507.753 28.640 285.501 1.728.107 34.802 2.642.830

FINANCIAL REVENUES 72.164

VISUAL ART AUTHORAL MANAGEMENT RESULT (1.044.448)

AUTHORAL MANAGEMENT TOTAL RESULT (1.894.825) ANCILLARY SERVICES BALANCE* 374.010 OLAF REPERTORY TOTAL RESULT (1.520.815) *The ancillary services balance encompasses the Publishing Rights (whose 2018 collections amount to 25.731 euros) 70

Attachment 1: Relations with other Collective Management

Organizations Directive 2014/26/UE art. 22 – Legislative Decree 35/2017 art.28

SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it

Music

ABRAMUS - BRAZIL Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM -97.605 -21.203 -5.137 DRM 0 0 0 0 0 0 Other types of rights Total - ABRAMUS - BRAZIL 0 0 0 0 -97.605 -21.203 -5.137

ACAM - COSTA RICA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 17.637 529 855 -253 -55 -13 DRM 0 0 0 0 0 0 Other types of rights Total - ACAM - COSTA RICA 17.637 529 855 0 -253 -55 -13

ACDAM - CUBA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 -30.472 -6.620 -1.604 DRM 0 0 0 -3.793 -258 0 Other types of rights Total - ACDAM - CUBA 0 0 0 0 -34.265 -6.878 -1.604

ACUM - ISRAEL Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 88.095 2.643 4.273 -87.632 -19.037 -4.612 DRM 9.055 272 0 -21.393 -1.456 0 Other types of rights Total - ACUM - ISRAEL 97.151 2.915 4.273 0 -109.026 -20.493 -4.612

ADDAF - BRAZIL Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 0 0 0 -273 -19 0 Other types of rights Total - ADDAF - BRAZIL 0 0 0 0 -273 -19 0

AGADU - URUGUAY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 7.339 220 356 -5.195 -1.129 -273 DRM 116 3 0 -298 -20 0 Other types of rights Total - AGADU - URUGUAY 7.455 224 356 0 -5.494 -1.149 -273

AKKA-LAA - LATVIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 25.133 754 1.219 76 -638 -139 -34 DRM 0 0 0 0 0 0 Other types of rights Total - AKKA-LAA - LATVIA 25.133 754 1.219 76 -638 -139 -34

AKM - AUSTRIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 727.435 21.823 35.281 -786.998 -170.964 -41.421 DRM 0 0 0 0 0 0 Other types of rights Total - AKM - AUSTRIA 727.435 21.823 35.281 0 -786.998 -170.964 -41.421

AMCOS - AUSTRALIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 62.832 1.885 0 -39.185 -2.667 0 Other types of rights Total - AMCOS - AUSTRALIA 62.832 1.885 0 0 -39.185 -2.667 0

AMRA - UNITED STATES Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 -383.923 -83.402 -20.206 DRM 0 0 0 -19.768 -1.345 0 Other types of rights Total - AMRA - UNITED STATES 0 0 0 0 -403.691 -84.747 -20.206

APDAYC - PERU Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 38.695 1.161 1.877 -58.511 -12.711 -3.080 DRM 324 10 0 -1.345 -92 0 Other types of rights Total - APDAYC - PERU 39.019 1.171 1.877 0 -59.856 -12.802 -3.080

APRA - AUSTRALIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 227.565 6.827 11.037 -1.620.396 -352.008 -85.284 DRM 0 0 0 0 0 0 Other types of rights Total - APRA - AUSTRALIA 227.565 6.827 11.037 0 -1.620.396 -352.008 -85.284

72 TRANSPARENCY REPORT 2018

ARMAUTHOR NGO - ARMENIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 64 2 3 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - ARMAUTHOR NGO - ARMENIA 64 2 3 0 0 0 0

ARTISJUS - HUNGARY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 170.374 5.111 8.263 -10.602 -2.303 -558 DRM 27.963 839 -2.777 -189 0 Other types of rights Total - ARTISJUS - HUNGARY 198.337 5.950 8.263 0 -13.379 -2.492 -558

BUMA - NETHERLANDS Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 857.052 25.712 41.567 -892.795 -193.947 -46.989 DRM 0 0 0 0 0 0 Other types of rights Total - BUMA - NETHERLANDS 857.052 25.712 41.567 0 -892.795 -193.947 -46.989

CASH - HONG KONG Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 31.885 957 1.546 -21.199 -4.605 -1.116 DRM 2.325 70 0 -434 -30 0 Other types of rights Total - CASH - HONG KONG 34.209 1.026 1.546 0 -21.633 -4.635 -1.116

COMPASS - SINGAPORE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 13.310 399 646 -31.998 -6.951 -1.684 DRM 0 0 0 0 0 0 Other types of rights Total - COMPASS - SINGAPORE 13.310 399 646 0 -31.998 -6.951 -1.684

EAU - ESTONIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 32.825 985 1.592 -1.192 -259 -63 DRM 0 0 0 0 0 0 Other types of rights Total - EAU - ESTONIA 32.825 985 1.592 0 -1.192 -259 -63

FILSCAP - PHILIPPINES Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 2.659 80 129 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - FILSCAP - PHILIPPINES 2.659 80 129 0 0 0 0

GEMA - GERMANY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 2.180.409 65.412 105.750 4.429 -4.798.610 -1.042.429 -252.558 DRM 2.540.821 76.225 47.235 -683.801 -46.534 0 Other types of rights Total - GEMA - GERMANY 4.721.230 141.637 105.750 51.664 -5.482.411 -1.088.963 -252.558

HDS-ZAMP - CROATIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 39.061 1.172 1.894 57 -9.646 -2.096 -508 DRM 0 0 0 0 0 0 Other types of rights Total - HDS-ZAMP - CROATIA 39.061 1.172 1.894 57 -9.646 -2.096 -508

IMRO - IRELAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 35.315 1.059 1.713 -255.772 -55.563 -13.462 DRM 0 0 0 0 0 0 Other types of rights Total - IMRO - IRELAND 35.315 1.059 1.713 0 -255.772 -55.563 -13.462

KODA - DENMARK Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 271.428 8.143 13.164 320 -332.859 -72.309 -17.519 DRM 0 0 0 0 0 0 Other types of rights Total - KODA - DENMARK 271.428 8.143 13.164 320 -332.859 -72.309 -17.519

KOMCA - KOREA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 129.862 3.896 6.298 -39.743 -8.634 -2.092 DRM 0 0 0 0 0 0 Other types of rights Total - KOMCA - KOREA 129.862 3.896 6.298 0 -39.743 -8.634 -2.092

LATGA - LITHUANIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 43.098 1.293 2.090 -152 -33 -8 DRM 0 0 0 0 0 0 Other types of rights Total - LATGA - LITHUANIA 43.098 1.293 2.090 0 -152 -33 -8

MACA - MACAU Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.746 52 85 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - MACA - MACAU 1.746 52 85 0 0 0 0

MACP - MALAYSIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 20.339 610 986 -1.169 -254 -62 DRM 0 0 0 0 0 0 Other types of rights Total - MACP - MALAYSIA 20.339 610 986 0 -1.169 -254 -62

MCPS - UNITED KINGDOM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 238.219 7.147 0 -213.380 -14.521 0 Other types of rights Total - MCPS - UNITED KINGDOM 238.219 7.147 0 0 -213.380 -14.521 0

MCT - THAILAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.449 43 70 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - MCT - THAILAND 1.449 43 70 0 0 0 0

AEPI - GRECIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 23.916 717 1.160 0 0 0 DRM 8.629 259 0 0 0 Other types of rights Total - AEPI - GRECIA 32.545 976 1.160 0 0 0 0

MESAM - TURKEY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 12.727 382 617 0 0 0 DRM 520 16 0 0 0 0 Other types of rights Total - MESAM - TURKEY 13.247 397 617 0 0 0 0

MSG - TURKEY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 -82.872 -18.003 -4.362 DRM 0 0 0 -1.584 -108 0 Other types of rights Total - MSG - TURKEY 0 0 0 0 -84.456 -18.111 -4.362

MUSICAUTOR - BULGARIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 18.295 549 887 -1.966 -427 -103 DRM 1.158 35 0 -154 -10 0 Other types of rights Total - MUSICAUTOR - BULGARIA 19.452 584 887 0 -2.119 -437 -103

MÜST - TAIWAN, CHINESE TAIPEI Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 11.721 352 568 -1.566 -340 -82 DRM 0 0 0 0 0 0 Other types of rights Total - MÜST - TAIWAN, CHINESE TAIPEI 11.721 352 568 0 -1.566 -340 -82

NCB - DENMARK Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 18.680 560 0 -129.022 -8.780 0 Other types of rights Total - NCB - DENMARK 18.680 560 0 0 -129.022 -8.780 0

NCIP - BELARUS Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 2.654 80 129 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - NCIP - BELARUS 2.654 80 129 0 0 0 0

74 TRANSPARENCY REPORT 2018

ONDA - ALGERIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 3.412 102 166 -2.829 -615 -149 DRM 2.200 66 0 -770 -52 0 Other types of rights Total - ONDA - ALGERIA 5.613 168 166 0 -3.599 -667 -149

OSA - CZECH REPUBLIC Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 100.411 3.012 4.870 -21.719 -4.718 -1.143 DRM 33.766 1.013 0 -7.453 -507 0 Other types of rights Total - OSA - CZECH REPUBLIC 134.177 4.025 4.870 0 -29.172 -5.225 -1.143

PRS - UNITED KINGDOM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 782.424 23.473 37.948 -16.045.933 -3.485.748 -844.523 DRM 0 0 0 0 0 0 Other types of rights Total - PRS - UNITED KINGDOM 782.424 23.473 37.948 0 -16.045.933 -3.485.748 -844.523

RAO - RUSSIAN FEDERATION Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 124.408 3.732 6.034 -37.068 -8.053 -1.951 DRM 3.336 100 0 -9.668 -658 0 Other types of rights Total - RAO - RUSSIAN FEDERATION 127.744 3.832 6.034 0 -46.736 -8.710 -1.951

RUR - RUSSIAN FEDERATION Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 20.277 608 0 0 0 0 Other types of rights Total - RUR - RUSSIAN FEDERATION 20.277 608 0 0 0 0 0

SABAM - BELGIUM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 384.493 11.535 18.648 559 -320.783 -69.686 -16.883 DRM 105.184 3.156 0 -44.936 -3.058 0 Other types of rights Total - SABAM - BELGIUM 489.677 14.690 18.648 559 -365.720 -72.743 -16.883

SACD - FRANCE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 15.398 462 747 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - SACD - FRANCE 15.398 462 747 0 0 0 0

SACEM - FRANCE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 2.600.524 78.016 126.125 222 -6.684.948 -1.452.209 -351.839 DRM 1.248.118 37.444 0 -1.042.830 -70.966 0 Other types of rights Total - SACEM - FRANCE 3.848.643 115.459 126.125 222 -7.727.778 -1.523.175 -351.839

SACM - MEXICO Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 157.319 4.720 7.630 -153.699 -33.389 -8.089 DRM 0 0 0 -7.738 -527 0 Other types of rights Total - SACM - MEXICO 157.319 4.720 7.630 0 -161.437 -33.915 -8.089

SACVEN - VENEZUELA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - SACVEN - VENEZUELA 0 0 0 0 0 0 0

SADAIC - ARGENTINA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 259.442 7.783 12.583 -396.839 -86.208 -20.886 DRM 7.669 230 0 -36.148 -2.460 0 Other types of rights Total - SADAIC - ARGENTINA 267.111 8.013 12.583 0 -432.987 -88.668 -20.886

SAYCE - ECUADOR Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 41.371 1.241 2.007 -392 -85 -21 DRM 0 0 0 0 0 0 Other types of rights Total - SAYCE - ECUADOR 41.371 1.241 2.007 0 -392 -85 -21

SAMRO - SOUTH AFRICA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 16.234 487 787 -51.304 -11.145 -2.700 DRM 0 0 0 0 0 0 Other types of rights Total - SAMRO - SOUTH AFRICA 16.234 487 787 0 -51.304 -11.145 -2.700

SCD - CHILE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 70.769 2.123 3.432 -16.179 -3.515 -852 DRM 453 14 0 -1.690 -115 0 Other types of rights Total - SCD - CHILE 71.223 2.137 3.432 0 -17.869 -3.630 -852

SGAE - SPAIN Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 744.018 22.321 36.085 -2.873.758 -624.283 -151.250 DRM 121.330 3.640 0 -357.493 -24.328 0 Other types of rights Total - SGAE - SPAIN 865.348 25.960 36.085 0 -3.231.251 -648.610 -151.250

SOCAN - CANADA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 235.578 7.067 11.426 -1.898.202 -412.357 -99.905 DRM 0 0 0 0 0 0 Other types of rights Total - SOCAN - CANADA 235.578 7.067 11.426 0 -1.898.202 -412.357 -99.905

SOCINPRO - BRAZIL Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 -8.514 -1.849 -448 DRM 0 0 0 0 0 0 Other types of rights Total - SOCINPRO - BRAZIL 0 0 0 0 -8.514 -1.849 -448

SODRAC - CANADA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 134.010 4.020 0 -35.619 -2.424 0 Other types of rights Total - SODRAC - CANADA 134.010 4.020 0 0 -35.619 -2.424 0

SOKOJ - SERBIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 22.969 689 1.114 3.127 -10.840 -2.355 -571 DRM 25 1 0 -701 -48 0 Other types of rights Total - SOKOJ - SERBIA 22.995 690 1.114 3.127 -11.541 -2.403 -571

SOZA - SLOVAKIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 39.209 1.176 1.902 -542 -118 -29 DRM 1.149 34 0 -78 -5 0 Other types of rights Total - SOZA - SLOVAKIA 40.357 1.211 1.902 0 -620 -123 -29

SPA - PORTUGAL Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 148.857 4.466 7.220 -70.226 -15.256 -3.696 DRM 32.201 966 0 -7.620 -519 0 Other types of rights Total - SPA - PORTUGAL 181.058 5.432 7.220 0 -77.846 -15.774 -3.696

SPAC - PANAMA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 9.569 287 464 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - SPAC - PANAMA 9.569 287 464 0 0 0 0

SSA - SWITZERLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 667 20 32 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - SSA - SWITZERLAND 667 20 32 0 0 0 0

STEF - ICELAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 -18.854 -4.096 -992 DRM 0 0 0 0 0 0 Other types of rights Total - STEF - ICELAND 0 0 0 0 -18.854 -4.096 -992

76 TRANSPARENCY REPORT 2018

STEMRA - NETHERLANDS Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 110.309 3.309 0 -101.389 -6.900 0 Other types of rights Total - STEMRA - NETHERLANDS 110.309 3.309 0 0 -101.389 -6.900 0

STIM - SWEDEN Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 198.067 5.942 9.606 -1.386.741 -301.249 -72.986 DRM 0 0 0 0 0 0 Other types of rights Total - STIM - SWEDEN 198.067 5.942 9.606 0 -1.386.741 -301.249 -72.986

SUISA - SWITZERLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 2.067.867 62.036 100.292 -861.975 -187.252 -45.367 DRM 293.312 8.799 0 -197.042 -13.409 0 Other types of rights Total - SUISA - SWITZERLAND 2.361.179 70.835 100.292 0 -1.059.017 -200.661 -45.367

TEOSTO - FINLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 240.296 7.209 11.654 -118.436 -25.728 -6.233 DRM 0 0 0 0 0 0 Other types of rights Total - TEOSTO - FINLAND 240.296 7.209 11.654 0 -118.436 -25.728 -6.233

TONO - NORWAY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 74.542 2.236 3.615 -232.072 -50.414 -12.214 DRM 0 0 0 0 0 0 Other types of rights Total - TONO - NORWAY 74.542 2.236 3.615 0 -232.072 -50.414 -12.214

UACRR - UKRAINE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 4.446 133 216 1.841 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - UACRR - UKRAINE 4.446 133 216 1.841 0 0 0

UBC - BRAZIL Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 384.894 11.547 18.667 -166.823 -36.240 -8.780 DRM 10.410 312 0 -8.510 -579 0 Other types of rights Total - UBC - BRAZIL 395.304 11.859 18.667 0 -175.333 -36.819 -8.780

UCMR-ADA - ROMANIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 235.785 7.074 11.436 -69.138 -15.019 -3.639 DRM 23.504 705 0 -5.606 -381 0 Other types of rights Total - UCMR-ADA - ROMANIA 259.289 7.779 11.436 0 -74.743 -15.401 -3.639

VCPMC - VIET NAM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 3.931 118 191 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - VCPMC - VIET NAM 3.931 118 191 0 0 0 0

ZAIKS - POLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 337.753 10.133 16.381 54.125 -11.943 -2.594 -629 DRM 28.945 868 0 -3.234 -220 0 Other types of rights Total - ZAIKS - POLAND 366.697 11.001 16.381 54.125 -15.176 -2.814 -629

ZAMP Macedonia - MACEDONIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 6.653 200 323 -225 -49 -12 DRM 0 0 0 0 0 0 Other types of rights Total - ZAMP Macedonia - MACEDONIA 6.653 200 323 0 -225 -49 -12

SBACEM - BRAZIL Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 -24.559 -5.335 -1.293 DRM 0 0 0 -1.586 -108 0 Other types of rights Total - SBACEM - BRAZIL 0 0 0 0 -26.145 -5.443 -1.293

ACEMLA - PORTO RICO Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 -991 -215 -52 DRM 0 0 0 -121 -8 0 Other types of rights Total - ACEMLA - PORTO RICO 0 0 0 0 -1.112 -223 -52

AMAR - BRASILE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 -6.287 -1.366 -331 DRM 0 0 0 0 0 0 Other types of rights Total - AMAR - BRASILE 0 0 0 0 -6.287 -1.366 -331

APA - PARAGUAY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 3.746 112 182 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - APA - PARAGUAY 3.746 112 182 0 0 0 0

ARESA - GERMANIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 0 0 0 -153.177 -10.424 0 Other types of rights Total - ARESA - GERMANIA 0 0 0 0 -153.177 -10.424 0

ASCAP - USA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 909.182 27.275 44.095 8.873 -20.179.769 -4.383.765 -1.062.093 DRM 0 0 0 0 0 0 Other types of rights Total - ASCAP - USA 909.182 27.275 44.095 8.873 -20.179.769 -4.383.765 -1.062.093

ASSIM - BRASILE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - ASSIM - BRASILE 0 0 0 0 0 0 0

AUME - AUSTRIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 151.242 4.537 0 -75.795 -5.158 0 Other types of rights Total - AUME - AUSTRIA 151.242 4.537 0 0 -75.795 -5.158 0

BBDA - BURKINA FASO Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 -8.276 -1.798 -436 DRM 0 0 0 0 0 0 Other types of rights Total - BBDA - BURKINA FASO 0 0 0 0 -8.276 -1.798 -436

BMI - USA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 938.188 28.146 45.502 21.022 -21.323.250 -4.632.170 -1.122.276 DRM 0 0 0 0 0 0 Other types of rights Total - BMI - USA 938.188 28.146 45.502 21.022 -21.323.250 -4.632.170 -1.122.276

EMI-EUROPE (SOLAR) - REGNO UNITO Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 -206.732 -44.910 -10.881 DRM 0 0 0 -168.844 -11.490 0 Other types of rights Total - EMI-EUROPE (SOLAR) - REGNO UNITO 0 0 0 0 -375.577 -56.400 -10.881

HFA - USA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 205.038 6.151 0 -44.260 -3.012 0 Other types of rights Total - HFA - USA 205.038 6.151 0 0 -44.260 -3.012 0

ALTRE AGENZIE- USA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 2.241 67 0 0 0 0 Other types of rights Total - ALTRE AGENZIE- USA 2.241 67 0 0 0 0 0

78 TRANSPARENCY REPORT 2018

JASRAC - GIAPPONE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.127.663 33.830 54.692 -421.053 -91.468 -22.161 DRM 168.468 5.054 0 -114.448 -7.788 0 Other types of rights Total - JASRAC - GIAPPONE 1.296.131 38.884 54.692 0 -535.501 -99.256 -22.161

KAZAK - KAZAKISTAN Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 3.856 116 187 -100 -22 -5 DRM 0 0 0 0 0 0 Other types of rights Total - KAZAK - KAZAKISTAN 3.856 116 187 0 -100 -22 -5

LEGACY PROD.INC - USA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - LEGACY PROD.INC - USA 0 0 0 0 0 0 0

MASA - MAURITIUS Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - MASA - MAURITIUS 0 0 0 0 0 0 0

MCSC - CINA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 18.614 558 903 -859 -187 -45 DRM 0 0 0 0 0 0 Other types of rights Total - MCSC - CINA 18.614 558 903 0 -859 -187 -45

NMP - DANIMARCA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 15.458 464 0 0 0 0 Other types of rights Total - NMP - DANIMARCA 15.458 464 0 0 0 0 0

NMPA - USA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - NMPA - USA 0 0 0 0 0 0 0

PEERMUSIC - GERMANIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 -18.097 -3.931 -952 DRM 0 0 0 -18.865 -1.284 0 Other types of rights Total - PEERMUSIC - GERMANIA 0 0 0 0 -36.962 -5.215 -952

SAYCO - COLOMBIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 54.280 1.628 2.633 -57.881 -12.574 -3.046 DRM 0 0 0 -1.256 -85 0 Other types of rights Total - SAYCO - COLOMBIA 54.280 1.628 2.633 0 -59.136 -12.659 -3.046

SESAC - USA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.425 43 69 -2.265.732 -492.198 -119.249 DRM 0 0 0 -94.855 -6.455 0 Other types of rights Total - SESAC - USA 1.425 43 69 0 -2.360.587 -498.653 -119.249

SOLAR (CELAS) - GERMANIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 0 DRM 0 0 0 0 0 0 0 Other types of rights Total - SOLAR (CELAS) - GERMANIA 0 0 0 0 0 0 0

SONY/ATV - REGNO UNITO Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 -325.605 -70.733 -17.137 DRM 0 0 0 0 -201.677 -13.724 0 Other types of rights Total - SONY/ATV - REGNO UNITO 0 0 0 0 -527.281 -84.457 -17.137

UMPI - REGNO UNITO Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 0 DRM 0 0 0 0 -317.334 -21.595 0 Other types of rights Total - UMPI - REGNO UNITO 0 0 0 0 -317.334 -21.595 0

SGAE(MESSICO) - MESSICO Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 0 0 0 DRM 18.266 548 0 0 0 0 Other types of rights Total - SGAE(MESSICO) - MESSICO 18.266 548 0 0 0 0 0

SAZAS - SLOVENIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 52.369 1.571 2.540 -15.392 -3.344 -810 DRM 431 13 -7.477 -509 0 Other types of rights Total - SAZAS - SLOVENIA 52.801 1.584 2.540 0 -22.869 -3.853 -810

GCA - GEORGIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 10.155 305 493 609 0 0 0 DRM 0 0 0 0 0 0 Other types of rights Total - GCA - GEORGIA 10.155 305 493 609 0 0 0

80 TRANSPARENCY REPORT 2018

Cinema

AKKA-LAA - LATVIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 495 15 480 DRM 62 2 60 Other types of rights 0 0 0 0 0 Total - AKKA-LAA - LATVIA 557 17 0 540 0 0 0

ALCS - UNITED KINGDOM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 21.183 635 20.547 1.530.987 192.515 DRM 0 234.381 29.472 Other types of rights 0 0 0 0 0 0 0 Total - ALCS - UNITED KINGDOM 21.183 635 0 20.547 1.765.369 221.988 0

ARGENTORES - ARGENTINA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 2.055 62 1.994 17.927 2.254 DRM 0 15.465 1.945 Other types of rights 0 0 0 0 0 0 0 Total - ARGENTORES - ARGENTINA 2.055 62 0 1.994 33.392 4.199 0

ASDACS - AUSTRALIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 -294 -37 DRM 0 24.959 3.139 Other types of rights 0 0 0 0 0 0 0 Total - ASDACS - AUSTRALIA 0 0 0 0 24.665 3.102 0

AWGACS - AUSTRALIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.510 45 1.464 -370 -47 DRM 0 24.304 3.056 Other types of rights 0 0 0 0 0 0 0 Total - AWGACS - AUSTRALIA 1.510 45 0 1.464 23.934 3.010 0

VG BILD-KUNST - GERMANY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 82.941 2.488 80.452 918.392 115.484 DRM 342.712 10.281 332.430 124.171 15.614 Other types of rights 0 0 0 0 0 0 0 Total - VG BILD-KUNST - GERMANY 425.652 12.770 0 412.883 1.042.563 131.098 0

CBS - netherlands Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 51.515 6.478 Other types of rights 0 0 0 0 0 0 0 Total - CBS - netherlands 0 0 0 0 51.515 6.478 0

COMPACT - UK Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 65.317 8.213 Other types of rights 0 0 0 0 0 0 0 Total - COMPACT - UK 0 0 0 0 65.317 8.213 0

CSCS - CANADA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 1.251 157 DRM 0 40.229 5.059 Other types of rights 0 0 0 0 0 0 0 Total - CSCS - CANADA 0 0 0 0 41.480 5.216 0

DAC - ARGENTINA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 35.131 1.054 34.077 13.875 1.745 DRM 0 5.316 669 Other types of rights 0 0 0 0 0 0 0 Total - DAC - ARGENTINA 35.131 1.054 0 34.077 19.191 2.413 0

DAMA - SPAIN Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 113.195 14.234 DRM 0 13.649 1.716 Other types of rights 0 0 0 0 0 0 0 Total - DAMA - SPAIN 0 0 0 0 126.844 15.950 0

DGA - U S A Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 5.594 168 5.426 DRM 0 523.587 65.839 Other types of rights 0 0 0 0 0 0 0 Total - DGA - U S A 5.594 168 0 5.426 523.587 65.839 0

DILIA - REP. CECA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 10.330 310 10.020 DRM 3.946 118 3.828 2.361 297 Other types of rights 0 Total - DILIA - REP. CECA 14.276 428 0 13.848 2.361 297 0

DIRECTOR - UK Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 1.314.793 165.330 DRM 0 237.616 29.879 Other types of rights 0 Total - DIRECTOR - UK 0 0 0 0 1.552.408 195.209 0

DRCC- CANADA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 29.796 3.747 Other types of rights 0 Total - DRCC- CANADA 0 0 0 0 29.796 3.747 0

FILMAUTOR Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 3.123 393 DRM 0 6 1 Other types of rights 0 Total - FILMAUTOR 0 0 0 0 3.129 393 0

FILMJUS Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 5.138 154 4.983 17.052 2.144 DRM 21 1 20 4.000 503 Other types of rights 0 Total - FILMJUS UNGHERIA 5.158 155 0 5.004 21.052 2.647 0

FINTAGE - U S A Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 95.039 11.951 Other types of rights 0 Total - FINTAGE - U S A 0 0 0 0 95.039 11.951 0

IFTA - U S A Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 55.979 7.039 Other types of rights 0 Total - IFTA - U S A 0 0 0 0 55.979 7.039 0

KOPIOSTO - FINLANDIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 2.779 349 Other types of rights 0 Total - KOPIOSTO - FINLANDIA 0 0 0 0 2.779 349 0

LATGA- LITUANIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 2.590 78 2.512 DRM 1.321 40 1.281 Other types of rights 0 Total - LATGA- LITUANIA 3.910 117 0 3.793 0 0 0

LIRA - PAESI BASSI Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 7.614 228 7.386 76.487 9.618 DRM 29.270 878 28.392 7.243 911 Other types of rights 0 Total - LIRA - PAESI BASSI 36.884 1.107 0 35.778 83.731 10.529 0

LITA - SLOVENIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 7.590 228 7.363 DRM 8.849 265 8.584 Other types of rights 0 Total - LITA - SLOVENIA 16.439 493 0 15.946 0 0 0

82 TRANSPARENCY REPORT 2018

LITERAR-MECHANA - AUSTRIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 24.537 736 23.801 22.449 2.823 DRM 0 0 15.655 1.969 Other types of rights 0 Total - LITERAR-MECHANA - AUSTRIA 24.537 736 0 23.801 38.105 4.792 0

MGM - U S A Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 39.605 4.980 Other types of rights 0 Total - MGM - U S A 0 0 0 0 39.605 4.980 0

NORWACO - NORVEGIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 1.887 57 1.830 3.502 440 Other types of rights 0 Total - NORWACO - NORVEGIA 1.887 57 0 1.830 3.502 440 0

PPG U S A Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 43.280 5.442 Other types of rights 0 Total - PPG U S A 0 0 0 0 43.280 5.442 0

SABAM - BELGIO Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 142.429 4.273 138.156 82.888 10.423 DRM 17.671 530 17.141 10.361 1.303 Other types of rights 0 Total - SABAM - BELGIO 160.100 4.803 0 155.297 93.248 11.726 0

SACD- FRANCIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 864.079 25.922 838.157 2.930.802 368.536 DRM 99.173 2.975 96.198 264.044 33.202 Other types of rights 0 Total - SACD- FRANCIA 963.252 28.898 0 934.354 3.194.846 401.738 0

SCAM- FRANCIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 54.551 1.637 52.915 150.884 18.973 DRM 1.057 32 1.025 104.603 13.153 Other types of rights 0 Total - SCAM- FRANCIA 55.608 1.668 0 53.940 255.487 32.126 0

SGAE - SPAGNA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 142.533 4.276 138.257 928.440 116.747 DRM 0 0 151.357 19.032 Other types of rights 0 Total - SGAE - SPAGNA 142.533 4.276 0 138.257 1.079.797 135.780 0

SONY - U S A Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 48.936 6.153 Other types of rights 0 Total - SONY - U S A 0 0 0 0 48.936 6.153 0

SPA - PORTOGALLO Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 587 18 569 DRM 0 Other types of rights 0 Total - SPA - PORTOGALLO 587 18 0 569 0 0 0

SSA - SVIZZERA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 248.045 7.441 240.603 6.714 844 DRM 3.176 95 3.081 1.825 229 Other types of rights 0 Total - SSA - SVIZZERA 251.221 7.537 0 243.684 8.538 1.074 0

SUISSIMAGE - SVIZZERA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 260.108 7.803 252.305 22.067 2.775 DRM 8.416 252 8.164 3.699 465 Other types of rights 0 Total - SUISSIMAGE - SVIZZERA 268.524 8.056 0 260.468 25.765 3.240 0

TCF FOX - USA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 115.977 14.584 Other types of rights 0 Total - TCF FOX - USA 0 0 0 0 115.977 14.584 0

TNT ORIGINALS INC - U S A Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 14.372 1.807 Other types of rights 0 Total - TNT ORIGINALS INC - U S A 0 0 0 0 14.372 1.807 0

UNIVERSAL STUDIOS - U S A Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 152.265 19.147 Other types of rights 0 Total - UNIVERSAL STUDIOS - U S A 0 0 0 0 152.265 19.147 0

VDFS - AUSTRIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 16.186 486 15.700 28.421 3.574 DRM 3.997 120 3.877 15.969 2.008 Other types of rights 0 Total - VDFS - AUSTRIA 20.183 605 0 19.577 44.391 5.582 0

VEVAM - PAESI BASSI Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.586 48 1.539 54.732 6.882 DRM 8.817 265 8.552 5.367 675 Other types of rights 0 Total - VEVAM - PAESI BASSI 10.403 312 0 10.091 60.099 7.557 0

WALT DISNEY - U S A Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 93.614 11.772 Other types of rights 0 Total - WALT DISNEY - U S A 0 0 0 0 93.614 11.772 0

WARNER BROS - U S A Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 288.934 36.332 Other types of rights 0 Total - WARNER BROS - U S A 0 0 0 0 288.934 36.332 0

WGA WRITERS GUILD OF AMERICA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 524.438 65.946 Other types of rights 0 Total - WGA WRITERS GUILD OF AMERICA 0 0 0 0 524.438 65.946 0

WORT - GERMANIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 179.213 5.376 173.837 1.519.488 191.069 DRM 35.821 1.075 34.746 161.743 20.338 Other types of rights 0 Total - WORT - GERMANIA 215.034 6.451 0 208.583 1.681.231 211.408 0

ZAPA - POLONIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 472 14 458 18.505 2.327 DRM 0 0 2.696 339 Other types of rights 0 Total - ZAPA - POLONIA 472 14 0 458 21.201 2.666 0

84 TRANSPARENCY REPORT 2018

Dor

AAS - SLOVENIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 2.814 84 2.729 DRM 0 Other types of rights 0 Total - AAS - SLOVENIA 2.814 84 0 2.729 0 0 0

ABRAMUS - BRAZIL Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 9.628 289 9.339 DRM 0 Other types of rights 0 Total - ABRAMUS - BRAZIL 9.628 289 0 9.339 0 0 0

AGADU - URUGUAY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM -64 -2 -62 92 18 DRM 0 Other types of rights 0 Total - AGADU - URUGUAY -64 -2 0 -62 92 18 0

AKKA-LAA - LATVIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 7.201 216 6.985 DRM 0 Other types of rights 0 Total - AKKA-LAA - LATVIA 7.201 216 0 6.985 0 0 0

ARGENTORES - ARGENTINA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 7.817 235 7.582 10.825 1.681 DRM 0 Other types of rights 0 Total - ARGENTORES - ARGENTINA 7.817 235 0 7.582 10.825 1.681 0

ATN - CHILE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.458 44 1.414 DRM 0 Other types of rights 0 Total - ATN - CHILE 1.458 44 0 1.414 0 0 0

DALRO - SOUTH AFRICA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 9.061 1.305 DRM 0 Other types of rights 0 Total - DALRO - SOUTH AFRICA 0 0 0 0 9.061 1.305 0

DILIA - CZECH REPUBLIC Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 50.434 1.513 48.921 DRM 0 Other types of rights 0 Total - DILIA - CZECH REPUBLIC 50.434 1.513 0 48.921 0 0 0

EAU - ESTONIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 4.195 126 4.069 DRM 0 Other types of rights 0 Total - EAU - ESTONIA 4.195 126 0 4.069 0 0 0

HAA - CROAZIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.966 59 1.907 DRM 0 Other types of rights 0 Total - HAA - CROAZIA 1.966 59 0 1.907 0 0 0

HOFRA- UNGHERIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 4.436 133 4.302 DRM 0 Other types of rights 0 Total - HOFRA- UNGHERIA 4.436 133 0 4.302 0 0 0

LATGA - LITHUANIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.431 43 1.388 DRM 0 Other types of rights 0 Total - LATGA - LITHUANIA 1.431 43 0 1.388 0 0 0

LITA - SLOVAKIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.535 46 1.489 DRM 0 Other types of rights 0 Total - LITA - SLOVAKIA 1.535 46 0 1.489 0 0 0

NCIP - BELARUS Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 451 14 438 DRM 0 Other types of rights 0 Total - NCIP - BELARUS 451 14 0 438 0 0 0

ONK - TURCHIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 800 24 776 DRM 0 Other types of rights 0 Total - ONK - TURCHIA 800 24 0 776 0 0 0

RAO - RUSSIAN FEDERATION Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 86.250 2.587 83.662 DRM 0 Other types of rights 0 Total - RAO - RUSSIAN FEDERATION 86.250 2.587 0 83.662 0 0 0

SABAM - BELGIUM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 17.084 513 16.572 3.467 182 DRM 0 Other types of rights 0 Total - SABAM - BELGIUM 17.084 513 0 16.572 3.467 182 0

SACD - FRANCE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 359.121 10.774 348.347 357.558 52.463 DRM 0 53 Other types of rights 0 Total - SACD - FRANCE 359.121 10.774 0 348.347 357.611 52.463 0

SGAE - SPAIN Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 13.288 399 12.890 56.016 8.099 DRM 0 21 Other types of rights 0 Total - SGAE - SPAIN 13.288 399 0 12.890 56.037 8.099 0

SOGEM - MEXICO Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.784 54 1.731 DRM 0 Other types of rights 0 Total - SOGEM - MEXICO 1.784 54 0 1.731 0 0 0

SOPE - GREECE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 24.080 722 23.357 DRM 0 Other types of rights 0 Total - SOPE - GREECE 24.080 722 0 23.357 0 0 0

SPA - PORTUGAL Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 4.006 120 3.886 DRM 0 Other types of rights 0 Total - SPA - PORTUGAL 4.006 120 0 3.886 0 0 0

SSA - SWITZERLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 368.780 11.063 357.716 13.162 1.789 DRM 756 23 733 Other types of rights 0 Total - SSA - SWITZERLAND 369.536 11.086 0 358.450 13.162 1.789 0

UACRR - UKRAINE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 3.484 105 3.380 DRM 0 Other types of rights 0 Total - UACRR - UKRAINE 3.484 105 0 3.380 0 0 0

ZAIKS - POLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 8.319 250 8.069 DRM 0 Other types of rights 0 Total - ZAIKS - POLAND 8.319 250 0 8.069 0 0 0 86 TRANSPARENCY REPORT 2018

Lyric

AKKA-LAA - LATVIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 642 19 623 DRM 0 Other types of rights 0 Total - AKKA-LAA - LATVIA 642 19 0 623 0 0 0

ARGENTORES - ARGENTINA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 28.533 856 27.677 10.469 1.012 DRM 0 Other types of rights 0 Total - ARGENTORES - ARGENTINA 28.533 856 0 27.677 10.469 1.012 0

GEMA - GERMANY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 3.176 95 3.081 0 0 DRM 0 Other types of rights 0 Total - GEMA - GERMANY 3.176 95 0 3.081 0 0 0

SACD - FRANCE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 16.570 497 16.073 137.403 34.833 DRM 0 Other types of rights 0 Total - SACD - FRANCE 16.570 497 0 16.073 137.403 34.833 0

SGAE - SPAIN Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 631 19 612 42.867 3.903 DRM 0 Other types of rights 0 Total - SGAE - SPAIN 631 19 0 612 42.867 3.903 0

SABAM - BELGIUM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.084 33 1.052 0 0 DRM 0 Other types of rights 0 Total - SABAM - BELGIUM 1.084 33 0 1.052 0 0 0

SSA - SWITZERLAND Incassi da altri Organismi di gestione collettiva Pagamenti verso altri Organismi di gestione collettiva Category name Importi ricevuti Quote di spettanza Altre detrazioni Importi distrubuiti Importi pagati Quote di spettanza Altre detrazioni DEM 7.777 233 7.544 60.649 4.995 DRM 0 Other types of rights 0 Total - SSA - SWITZERLAND 7.777 233 0 7.544 60.649 4.995 0

SUISA - SWITZERLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 323 10 313 0 0 DRM 0 Other types of rights 0 Total - SUISA - SWITZERLAND 323 10 0 313 0 0 0

UACRR - UKRAINE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 265 8 257 0 0 DRM 0 Other types of rights 0 Total - UACRR - UKRAINE 265 8 0 257 0 0 0

ZAIKS - POLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 463 14 449 8.057 671 DRM 0 Other types of rights 0 Total - ZAIKS - POLAND 463 14 0 449 8.057 671 0

LATGA - LITHUANIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 1.409 42 1.367 172 9 DRM 0 Other types of rights 0 Total - LATGA - LITHUANIA 1.409 42 0 1.367 172 9 0

RAO - RUSSIAN FEDERATION Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 0 0 13.471 1.405 DRM 0 Other types of rights 0 Total - RAO - RUSSIAN FEDERATION 0 0 0 0 13.471 1.405 0

OLAF – Literary works

EAU - ESTONIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 7 0,2 6 Total - EAU - ESTONIA 7 0 0 6 0 0 0

NCIP - BELARUS Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 451 14 438 DRM 0 Other types of rights 0 Total - NCIP - BELARUS 451 14 0 438 0 0 0

RAO - RUSSIAN FEDERATION Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 86.250 2.587 83.662 DRM 0 Other types of rights 0 Total - RAO - RUSSIAN FEDERATION 86.250 2.587 0 83.662 0 0 0

SABAM - BELGIUM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 17.084 513 16.572 3.467 182 DRM 0 Other types of rights 0 Total - SABAM - BELGIUM 17.084 513 0 16.572 3.467 182 0

SACD - FRANCE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 359.121 10.774 348.347 357.558 52.463 DRM 0 53 Other types of rights 0 Total - SACD - FRANCE 359.121 10.774 0 348.347 357.611 52.463 0

SGAE - SPAIN Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 13.288 399 12.890 56.016 8.099 DRM 0 21 Other types of rights 0 Total - SGAE - SPAIN 13.288 399 0 12.890 56.037 8.099 0

SPA - PORTUGAL Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 4.006 120 3.886 DRM 0 Other types of rights 0 Total - SPA - PORTUGAL 4.006 120 0 3.886 0 0 0

88 TRANSPARENCY REPORT 2018

SSA - SWITZERLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 368.780 11.063 357.716 13.162 1.789 DRM 756 23 733 Other types of rights 0 Total - SSA - SWITZERLAND 369.536 11.086 0 358.450 13.162 1.789 0

UACRR - UKRAINE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 3.484 105 3.380 DRM 0 Other types of rights 0 Total - UACRR - UKRAINE 3.484 105 0 3.380 0 0 0

ZAIKS - POLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 8.319 250 8.069 DRM 0 Other types of rights 0 Total - ZAIKS - POLAND 8.319 250 0 8.069 0 0 0

ALCS - UNITED KINGDOM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 18.738 562,1 18.176 15.213 4.134 Total - ALCS - UNITED KINGDOM 18.738 562 0 18.176 15.213 4.134 0

ARTISJUS - HUNGARY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 1.606 48 1.558 215 38 Total - ARTISJUS - HUNGARY 1.606 48 0 1.558 215 38 0

Copyright Agency - AUSTRALIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 60.755 1.823 58.932 506 188 Total - Copyright Agency - AUSTRALIA 60.755 1.823 0 58.932 506 188 0

DILIA - CZECH REPUBLIC Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 0 82 3 Total - DILIA - CZECH REPUBLIC 0 0 0 0 82 3 0

LIRA - NETHERLANDS Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 61.392 1.842 59.550 Total - LIRA - NETHERLANDS 61.392 1.842 0 59.550 0 0 0

LITERAR-MECHANA - AUSTRIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 0 2.454 280 Total - LITERAR-MECHANA - AUSTRIA 0 0 0 0 2.454 280 0

PROLITTERIS - SWITZERLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 99.406 2.982 96.424 1.780 1.984 Total - PROLITTERIS - SWITZERLAND 99.406 2.982 0 96.424 1.780 1.984 0

RAO - RUSSIAN FEDERATION Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 0 298 104 Total - RAO - RUSSIAN FEDERATION 0 0 0 0 298 104 0

REPROBEL - BELGIUM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 29.359 881 28.479 0 Total - REPROBEL - BELGIUM 29.359 881 0 28.479 0 0 0

SACD - FRANCE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 377 11 366 Total - SACD - FRANCE 377 11 0 366 0 0 0

SCAM - FRANCE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 68 2 66 Total - SCAM - FRANCE 68 2 0 66 0 0 0

SPA - PORTUGAL Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 0 50 1 Total - SPA - PORTUGAL 0 0 0 0 50 1 0

SSA - SWITZERLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 335 335 Total - SSA - SWITZERLAND 335 0 0 335 0 0 0

WORT - GERMANY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 33.703 1.011 32.692 Total - WORT - GERMANY 33.703 1.011 0 32.692 0 0 0

ZAIKS - POLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 0 70 14 Total - ZAIKS - POLAND 0 0 0 0 70 14 0

ACCESS - CANADA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 1.492 45 1.447 2.025 506 Total - ACCESS - CANADA 1.492 45 0 1.447 2.025 506 0

CCC - US.A. Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 0 193.827 48.457 Total - CCC - US.A. 0 0 0 0 193.827 48.457 0

CEDRO - SPAIN Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 2.370 71 2.299 17.635 4.592 Total - CEDRO - SPAIN 2.370 71 0 2.299 17.635 4.592 0

CFC - FRANCE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 53.380 1.601 51.779 Total - CFC - FRANCE 53.380 1.601 0 51.779 0 0 0

CLA - UNITED KINGDOM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 45.209 1.356 43.853 129.134 46.119 Total - CLA - UNITED KINGDOM 45.209 1.356 0 43.853 129.134 46.119 0

CLL - NEW ZELAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 0 945 263 Total - CLL - NEW ZELAND 0 0 0 0 945 263 0

90 TRANSPARENCY REPORT 2018

COPIBEC - CANADA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 3.650 110 3.541 Total - COPIBEC - CANADA 3.650 110 0 3.541 0 0 0

COPYDAN WRITING - DENMARK Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 37.217 1.117 36.101 5.118 1.279 Total - COPYDAN WRITING - DENMARK 37.217 1.117 0 36.101 5.118 1.279 0

KOPINOR - NORWAY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 23.323 700 22.624 867 228 Total - KOPINOR - NORWAY 23.323 700 0 22.624 867 228 0

OLAF – Visual Art

ACS - UNITED KINGDOM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 0 81.161 18.070 Total - ACS - UNITED KINGDOM 0 0 0 0 81.161 18.070 0

ADAGP - FRANCE Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 286.926 8.608 278.318 1.077.373 235.755 Total - ADAGP - FRANCE 286.926 8.608 0 278.318 1.077.373 235.755 0

AKKA-LAA - LATVIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 265 8 257 90 34 Total - AKKA-LAA - LATVIA 265 8 0 257 90 34 0

ARS - UNITED STATES Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 29.737 892 28.845 218.236 71.535 Total - ARS - UNITED STATES 29.737 892 0 28.845 218.236 71.535 0

VG BILD-KUNST - GERMANY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 1.442.305 43.269 1.399.036 212.654 46.885 Total - VG BILD-KUNST - GERMANY 1.442.305 43.269 0 1.399.036 212.654 46.885 0

BILDRECHT GmbH - AUSTRIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 137.071 4.112 132.959 29.094 6.182 Total - BILDRECHT GmbH - AUSTRIA 137.071 4.112 0 132.959 29.094 6.182 0

BONO - NORWAY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 3.491 105 3.386 5.354 1.842 Total - BONO - NORWAY 3.491 105 0 3.386 5.354 1.842 0

Bildupphovsrätt - SWEDEN Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 25.405 762 24.643 3.908 875 Total - Bildupphovsrätt - SWEDEN 25.405 762 0 24.643 3.908 875 0

Copyright Agency - AUSTRALIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 17.058 512 16.546 355 132 Total - Copyright Agency - AUSTRALIA 17.058 512 0 16.546 355 132 0

VISDA - DENMARK Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 13.296 399 12.897 5.263 1.472 Total - VISDA - DENMARK 13.296 399 0 12.897 5.263 1.472 0

DACS - UNITED KINGDOM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 881.622 26.449 855.174 193.297 45.915 Total - DACS - UNITED KINGDOM 881.622 26.449 0 855.174 193.297 45.915 0

EAU - ESTONIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 192 6 186 Total - EAU - ESTONIA 192 6 0 186 0 0 0

92 TRANSPARENCY REPORT 2018

COPYDAN WRITING - DENMARK Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 4.243 127 4.115 Total - COPYDAN WRITING - DENMARK 4.243 127 0 4.115 0 0 0

GESTOR - CZECH REPUBLIC Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 7.888 237 7.652 1.851 381 Total - GESTOR - CZECH REPUBLIC 7.888 237 0 7.652 1.851 381 0

HUNGART - HUNGARY Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 728 22 706 95 32 Total - HUNGART - HUNGARY 728 22 0 706 95 32 0

JASPAR - JAPAN Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 6.564 197 6.367 Total - JASPAR - JAPAN 6.564 197 0 6.367 0 0 0

KUVASTO - FINLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 5.249 157 5.091 378 127 Total - KUVASTO - FINLAND 5.249 157 0 5.091 378 127 0

LATGA - LITHUANIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 130 4 126 17 6 Total - LATGA - LITHUANIA 130 4 0 126 17 6 0

LITA - SLOVAKIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 59 2 57 Total - LITA - SLOVAKIA 59 2 0 57 0 0 0

PICTORIGHT - NETHERLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 91.157 2.735 88.422 31.061 7.222 Total - PICTORIGHT - NETHERLAND 91.157 2.735 0 88.422 31.061 7.222 0

PROLITTERIS - SWITZERLAND Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 42.031 1.261 40.770 7.524 466 Total - PROLITTERIS - SWITZERLAND 42.031 1.261 0 40.770 7.524 466 0

RAO - RUSSIA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 0 0 2.800 930 Total - RAO - RUSSIA 0 0 0 0 2.800 930 0

SABAM - BELGIUM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 41.777 1.253 40.524 36.243 7.817 Total - SABAM - BELGIUM 41.777 1.253 0 40.524 36.243 7.817 0

SACK - KOREA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 2.094 63 2.032 Total - SACK - KOREA 2.094 63 0 2.032 0 0 0

SODRAC - CANADA Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 589 18 571 438 147 Total - SODRAC - CANADA 589 18 0 571 438 147 0

SOFAM - BELGIUM Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 0 0 4.844 1.276 Total - SOFAM - BELGIUM 0 0 0 0 4.844 1.276 0

SPA - PORTUGAL Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 74 2 72 56 26 Total - SPA - PORTUGAL 74 2 0 72 56 26 0

VAGA - U.S.A Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 0 31.538 7.810 Total - VAGA - U.S.A 0 0 0 0 31.538 7.810 0

VEGAP - SPAIN Collections from other collective management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions DEM 0 DRM 0 Other types of rights 62.001 1.860 60.141 335.357 85.032 Total - VEGAP - SPAIN 62.001 1.860 0 60.141 335.357 85.032 0

AUDITING FIRM REPORT

Accounting period 2018

SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it

96 TRANSPARENCY REPORT 2018

BOARD OF AUDITORS REPORT

Accounting period 2018

SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it

100 TRANSPARENCY REPORT 2018

101