WORLD RECOGNITION of DISTINGUISHED GENERAL COUNSEL GUEST OF HONOR: Ana Salas Siegel General Counsel, NBCUniversal Telemundo Enterprises Copyright © 2018 Directors Roundtable WORLD RECOGNITION of DISTINGUISHED GENERAL COUNSEL THE SPEAKERS Ana Salas Siegel Daniela Fonseca Puggina General Counsel, NBCUniversal Partner, Baker & McKenzie LLP Telemundo Enterprises Patricia Menéndez-Cambó Maria “Maite” Hoyos Shareholder, Greenberg Traurig LLP Principal, Maite Hoyos, P.A. (The biographies of the speakers are presented at the end of this transcript. Further information about the Directors Roundtable can be found at our Website, directorsroundtable.com.) TO THE READER General Counsel are more important than ever in history. Boards of Directors look increasingly to them to enhance financial and business strategy, compliance, and integrity of corporate operations. In recognition of our distinguished guest of honor’s personal accomplishments in her career and the achievements of her colleagues, we are honoring Ana Salas Siegel, General Counsel, and the Legal Department of NBCUniversal Telemundo Enterprises with the leading global honor for General Counsel. NBCUniversal Telemundo Enterprises is an American Spanish-language television network and a major provider of Spanish content worldwide, with programming syndicated worldwide to more than 100 countries in over 35 languages. Ms. Salas Siegel’s address focused on key issues facing the General Counsel of a portfolio of businesses including a U.S. broadcast Spanish language network in an evolving media landscape. Additional topics discussed included domestic and international production and distribution of Spanish-language content, compliance, content protection and intellectual property. The Directors Roundtable is a civic group which organizes the preeminent worldwide programming for Directors and their advisors including General Counsel. Jack Friedman Directors Roundtable Chairman Summer 2018 2 Copyright © 2018 Directors Roundtable WORLD RECOGNITION of DISTINGUISHED GENERAL COUNSEL Ana Salas Siegel serves as General Counsel Senior Vice President & Deputy General for NBCUniversal Telemundo Enterprises Counsel for Fox International Channels. and oversees all legal resources, including the Prior to that Ana Salas Siegel served for division’s Business & Legal Affairs team. As four years as the Director of Business & a key member of the senior leadership team, Legal Affairs at Universal Studios Networks she is responsible for managing the day-to- Latin America Inc. day operations of the legal department, and supervising all legal and business affairs In her spare time, Ana Salas Siegel sits issues impacting the group. In addition to on the United Way of Miami’s Women’s overseeing strategic and complex commer- Leadership Council. She is also a mem- Ana Salas Siegel cial agreements, Ana Salas Siegel works ber of the Florida Film and Entertainment closely with NBCUniversal’s corporate legal Advisory Council as well as a board mem- General Counsel resources on transactional, litigation and ber of the Coral Gables Arts Cinema employment law, as well as intellectual prop- (non-profi t independent art house cinema). erty, labor relations and compliance matters. As an alumna of Amherst College, she has served on the Presidential Selection Ana Salas Siegel has been in the media Committee as well as the Alumni Trustee and entertainment industry for almost 20 Nominating Committee. years. Previously, she worked at Fox Latin America Channels for 12 years, most Ana Salas Siegel holds a Bachelor of recently serving as Senior Vice President Arts degree from Amherst College in & General Counsel, Business and Legal Massachusetts and a law degree from Harvard Affairs. In that role she was responsible Law School and is a member of the American for all legal matters relating to their pay Bar Association as well as the Florida and TV channels, and production and sports DC bars. In addition, she holds a Certifi cate facilities in Latin America, in addition to in International Business Management from managing and developing the legal depart- Georgetown University and a UK Solicitor’s ment. During her tenure, she also served as Certifi cate from Oxford University. NBCUniversal Telemundo reaching 94% of U.S. Hispanic TV house- media company reaching Hispanics and Enterprises holds in 210 markets through 27 local millennials online, the Digital Enterprises stations, 51 affi liates and its national feed. & Emerging Business unit distributes NBCUniversal Telemundo Enterprises is Telemundo also owns WKAQ, a television original content across multiple platforms, a world-class media company leading the station that serves viewers in Puerto Rico. maximizing its exclusive partnerships industry in the production and distribution Telemundo Deportes is the designated with properties such as BuzzFeed, Vox, of high-quality Spanish-language content Spanish-language home of two of the world’s and Snapchat. Through Telemundo to U.S. Hispanics and audiences around most popular sporting events: FIFA World Internacional, the largest U.S.-based dis- the world. This fast-growing multiplatform Cup™ through 2026 and the Summer tributor of Spanish-language content in the portfolio is comprised of the Telemundo Olympic Games through 2032. Telemundo world; and Universo, the fastest growing Network and Station Group, Telemundo Global Studios is the company’s domestic Hispanic entertainment cable network, the Deportes, Telemundo Global Studios, and international scripted production unit company refl ects the diverse lifestyle, cultural Universo, and a Digital Enterprises & including Telemundo Studios, Telemundo experience and language of its expand- Emerging Business unit. Telemundo International Studios, Telemundo Inter- ing audience. NBCUniversal Telemundo Network features original Spanish-language national, as well as all of the company’s Enterprises is a division of NBCUniversal, entertainment, news and sports content co-production partnerships. As the #1 a subsidiary of Comcast Corporation. Summer 2018 3 Copyright © 2018 Directors Roundtable WORLD RECOGNITION of DISTINGUISHED GENERAL COUNSEL KAREN TODD: Good morning! My name is Karen Todd, and I’m the Executive Director and Chief Operating Officer of the Directors Roundtable. I’d like to welcome you here this morning. I wanted to especially thank the peo- ple of NBCUniversal Telemundo Enterprises, the outside law firms, the Bar groups, the uni- versity law schools, the local chambers, and all the other organizations who made a point to be here today. We’re very appreciative of that. The Directors Roundtable is a civic group whose mission is to organize the finest pro- gramming on a national and global basis for Boards of Directors and their advisors, which include General Counsel. Over the last 27 years, this has resulted in more than 800 programs on six continents. Our chair- man, Jack Friedman, started this series after that I’d like to read to you. She will the kind words, the recognition, and the speaking with corporate Directors who told get a copy afterwards. surprise letter. That’s a true honor. And to him that it was rare for large corporations to the panelists for sharing their knowledge be validated for the good that they do. He Dear Ana: with us this morning, as well as to all of you decided to provide a forum for executives I was happy to hear that you were being — the guests and colleagues — who drove so and corporate counsel to talk about their honored by the Directors Roundtable for far out west so early in the morning to be companies, the accomplishments in which your work at NBCUniversal Telemundo here! I truly appreciate it. they take pride, and how they have over- Enterprises. Congratulations. Your selection come the obstacles of running a business is a superb recognition of the leadership Welcome to Telemundo Center. It is our in today’s changing world. and expertise that you have brought to new home; the company’s global headquar- the company since you became general ters. It was inaugurated in April of this year. We honor General Counsel and their counsel. Given your extensive experience in NBCUniversal invested $250 million in this Legal Departments so they may share their business and legal affairs, I have no doubt state-of-the-art facility. It is the only multime- successful actions and strategies with the that you will continue to propel Telemundo dia production and broadcast facility in the Directors Roundtable community via today’s to even greater heights. U.S. that produces entertainment — both program, as well as a transcript which will scripted and unscripted — sports and news go out to about 100,000 leaders worldwide. On behalf of Harvard Law School, I send you best wishes on this richly deserved honor. internationally, as well as domestically. We are now able to produce about 3,000 hours Today, it is our pleasure to honor Ana Salas You have made your alma mater proud. annually of Spanish-language content, and Siegel, the general counsel of NBCUniversal With kind regards, Telemundo Enterprises [APPLAUSE], as there are 13 studios in the building. Pretty well as the Legal Department that supports John F. Manning impressive, don’t you think? her. [APPLAUSE] Morgan and Helen Chu Dean and Professor of Law Before I continue, and to make sure those In addition, our panelists this morning are [APPLAUSE] of you in the back have not fallen asleep Daniela Fonseca Puggina, a Partner with yet, I would like to present you with a short Baker McKenzie; Patty Menéndez-Cambó, the ANA SALAS SIEGEL: Thank you. video of what we do. Vice Chair of Greenberg Traurig; and Maria Hoyos, who is the principal of Maite Hoyos. KAREN TODD: I’m now going to turn it [VIDEO PLAYS] [APPLAUSE] We welcome them, as well. [APPLAUSE] over to Ana to talk about Telemundo. Pretty exciting, isn’t it? I love my job. As a special surprise for Ana, I have a let- ANA SALAS SIEGEL: Thank you. [LAUGHTER] I feel very lucky to be here and ter from the dean of Harvard Law School Welcome, everyone. Thank you, Karen, for work in this dynamic, fast-paced environment. Summer 2018 4 Copyright © 2018 Directors Roundtable WORLD RECOGNITION of DISTINGUISHED GENERAL COUNSEL assessments.