Company Statement from Macquarie Media Chairman, Russell Tate

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COMPANY STATEMENT FROM MACQUARIE MEDIA CHAIRMAN, RUSSELL TATE Saturday 17 August 2019 On Thursday on his 2GB and 4BC breakfast show, Alan Jones made certain comments in respect of New Zealand Prime Minister Jacinda Ardern, which caused offence to many people. Recognising the offence caused by his remarks, Alan on Friday publicly apologised for them. In his apology, Alan recognised that his comments were “careless, unnecessary and wrong”, and “should have been more clearly thought out”. He indicated that he had apologised sincerely to Prime Minister Ardern for any offence given, and had certainly not intended to suggest any harm through his comments. Notwithstanding his apologies, I have today discussed the matter with Alan and advised him that any recurrence of commentary of this nature will result in the termination of his contract. Russell Tate Chairman Macquarie Media Limited ***** About Macquarie Media Limited Macquarie Media Limited is a national network of News Talk and Macquarie Sports Radio stations targeted at people aged 40-plus. The national News Talk network is comprised of Sydney’s 2GB 873, Melbourne’s 3AW 693, Brisbane’s 4BC 1116 and Perth’s 6PR 882. The Macquarie Sports Radio network consists of Macquarie Sports Radio 954 in Sydney, Macquarie Sports Radio 1278 in Melbourne, Macquarie Sports Radio 882 in Brisbane and Macquarie Sports Radio on DAB+ in Perth. All stations can be heard in their respective cities via Digital Radio DAB+, online and via the mobile app. Macquarie Media Limited also includes rugbyleaguelive.com.au , Macquarie Media Syndication and Map & Page as parts of the group. Macquarie Media represents the radio station News Talk FIVEaa in Adelaide to national advertisers. Nine Entertainment Company (ASX: NEC) has a 54.5% interest in Macquarie Media Limited. .

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