IMPACT REPORT 2015 TABLE OF CONTENTS 3 COMPANY OVERVIEW 65 GRANTING YOUR CHRISTMAS WISH 5 EXECUTIVE LETTER 67 TOGETHER FOR SAFER ROADS 7 COMMITMENT TO COMMUNITY 69 RADIOTHONS 9 ABOUT IHEARTMEDIA 71 CHILDREN’S MIRACLE 11 NATIONAL RADIO CAMPAIGNS NETWORK HOSPITALS 73 13 AMERICAN HEART ASSOCIATION ST. JUDE CHILDREN’S RESEARCH HOSPITAL 15 DOSOMETHING.ORG 75 PUBLIC AFFAIRS SHOWS 17 INTERNATIONAL WOMEN’S DAY 77 NATIONAL PUBLIC 19 UNITED NEGRO COLLEGE FUND AFFAIRS SPECIALS 21 OUTNUMBER HUNGER 79 IHEARTRADIO’S THANK 23 NATIONAL LAW ENFORCEMENT AMERICA’S TEACHERS OFFICERS MEMORIAL FUND 81 IHEARTRADIO’S PROGRAM ON 25 THE PARTNERSHIP FOR YOUTH & DRUGS DRUG-FREE KIDS 83 RESPONDING TO CRISIS 27 AD COUNCIL: FUTURES 85 MAKE-A-WISH WITHOUT VIOLENCE 87 SPECIAL EVENTS & FUNDRAISING 29 AD COUNCIL: I AM A WITNESS 89 2015 HONORARY AWARDS 31 GREAT NATIONS EAT & SHARE & RECOGNITION OUR STRENGTH 91 MUSIC DEVELOPMENT 33 SPECIAL OLYMPICS 93 LOCAL ADVISORY BOARDS 35 GARY SINISE FOUNDATION 95 IHEARTMEDIA’S ON-AIR 37 9/11 DAY PERSONALITIES 39 GLOBAL POVERTY PROJECT 101 LOCAL STATION HIGHLIGHTS 41 THE NATIONAL ASSOCIATION 143 CLEAR CHANNEL OUTDOOR OF BROADCASTERS 145 CCO AMERICAS’ COMMITMENT 43 BYSTANDER REVOLUTION TO COMMUNITY 45 GLAAD 147 THE POLARIS PROJECT: 47 WOUNDED WARRIOR PROJECT HUMAN TRAFFICKING 49 AMEX SMALL BUSINESS SATURDAY 149 NLEOMF: FALLEN POLICE OFFICERS 51 (RED) 151 ALLIANCE FOR LUPUS RESEARCH 53 RYAN SEACREST FOUNDATION 153 NATIONAL CENTER FOR 55 SPECIAL PROJECTS MISSING & EXPLOITED CHILDREN 57 IHEARTRADIO SHOW 155 NO MORE — JOYFUL YOUR STRIPES HEART FOUNDATION 59 SHINING A LIGHT 157 NO CEILINGS: THE FULL 61 RED NOSE DAY PARTICIPATION PROJECT 63 ROCK THE VOTE 159 MARKET HIGHLIGHTS IMPACT REPORT 2015 1 COMPANY OVERVIEW ABOUT IHEARTMEDIA, INC. & iHeartRadio, iHeartMedia’s digital IHEARTCOMMUNICATIONS, INC. radio platform, is the No. 1 all-in-one iHeartMedia, Inc (OTCBB: digital audio service with over 800 IHRT), the parent company of million downloads; it reached its first iHeartCommunications, Inc., is one 20 million registered users faster than of the leading global media and any digital service in Internet history entertainment companies. The company and reached 80 million users faster specializes in radio, digital, outdoor, than any other radio or digital music mobile, social, live events, on-demand service and even faster than Facebook. entertainment and information The company’s operations include radio services for local communities, and broadcasting, online, mobile, digital and uses its unparalleled national reach to social media, live concerts and events, target both nationally and locally on syndication, music research services behalf of its advertising partners. The and independent media representation. company is dedicated to using the iHeartMedia is a division of iHeartMedia, latest technology solutions to transform Inc. (OTCBB: IHRT). For more company the company’s products and services information visit iHeartMedia.com. for the benefit of its consumers, communities, partners and advertisers, ABOUT CLEAR CHANNEL and its outdoor business reaches over OUTDOOR HOLDINGS, INC. 39 countries across five continents, Clear Channel Outdoor Holdings, Inc., connecting people to brands using (NYSE: CCO) is one of the world’s innovative new technology. largest outdoor advertising companies, with more than 650,000 displays in ABOUT IHEARTMEDIA over 35 countries across five continents, With over a quarter of a billion monthly including 43 of the 50 largest markets listeners in the U.S. and over 80 million in the United States. Clear Channel social followers, iHeartMedia has the Outdoor Holdings offers many types largest reach of any radio or television of displays across its global platform outlet in America. It serves over 150 to meet the advertising needs of its markets through over 850 owned customers. This includes a growing radio stations, and the company’s digital platform that now offers over radio stations and content can be 1,050 digital billboards across 29 heard on AM/FM, HD digital radio, U.S. markets. Clear Channel Outdoor satellite radio, on the Internet at Holdings’ International segment iHeartRadio.com and on the company’s operates in 22 countries across Asia, radio station websites, on the Australia and Europe in a wide variety iHeartRadio mobile app, in enhanced of formats. More information is available auto dashes, on tablets and at www.clearchanneloutdoor.com and smartphones, and on gaming consoles. www.clearchannelinternational.com. IMPACT REPORT 2015 3 EXECUTIVE LETTER As America’s leading media, digital and have with listeners — to make a profound entertainment company with the largest reach impact. All of our national pro-social campaigns of any radio and television outlet in the country, receive executive leadership support as well as iHeartMedia continues to play a key role in the necessary company resources to succeed. shaping the way media interacts, educates iHeartMedia is continually developing and connects with the public across a broad new campaigns that are relevant to the spectrum of platforms. At iHeartMedia, one of communities we serve while also building on our top priorities is investing in the future of the our longstanding partnerships. For example, thousands of neighborhoods in which we have in the last decade, iHeartMedia has helped to a presence — enriching the lives of children raise over $80 million in cash for St. Jude and families in meaningful ways and working Children’s Research Hospital through our locally to improve the environment, education, annual radiothon program; in the last three health, music, the arts and many more areas of years we have helped over 320,000 veterans importance to our listeners. find employment through iHeartRadio Show At iHeartMedia, we approach philanthropy as Your Stripes, our long-term effort to help an integral function of our overall operations guide veterans back into civilian life by and a core contributor to our business highlighting their valuable training and success and future growth. As a company, experience, which has become the largest we donate approximately $400 million worth veteran employment program in the United of media annually to thousands of nonprofit States; and in 2015, we reacted to a number organizations nationwide, and collaborate of timely and relevant concerns including the with corporate partners and national and tragic shootings that spurred racial tension local government agencies that are in ideal and violence in communities across the positions to help make a positive impact and country. In addition, in 2015, Clear Channel help our neighbors in need. In addition to PSA Outdoor Americas forged a relationship with support, we leverage our broad array of assets the National Center for Missing and Exploited — our deep social influence, on-air, digital and Children that extends its commitment to Outdoor media, live events and the strong protect our communities by leveraging the relationships our talent and on-air personalities immediacy of our digital displays. iHeartMedia's strong foundation is our 850+ number of organizations. It is our employees’ broadcast radio stations, which entertain and passion and dedication that drive our success inform, provide local news, weather, traffic and make communities brighter. and entertainment on a daily basis, and, most This Impact Report is a snapshot of how all importantly, support listeners through difficult of our 850+ broadcast radio stations and times by serving as a key point of contact for Outdoor properties use their unparalleled critical information in times of crisis. These reach and local influence to improve the stations, and their connection to the local lives of others. We believe that iHeartMedia, neighborhoods in which our employees live Inc. has an unmatched ability to educate, and work, have made community service inspire and motivate, and we are enormously the heartbeat of our company and the pride proud of our employees and listeners for the of our employees. We employ thousands of positive contributions they make daily to their people across America who have dedicated communities. As a company, it is our promise their careers to serving the public — donating to continue to use the power of our media to millions of volunteer hours annually and helping make a real difference. to raise billions of dollars for a countless BOB PITTMAN RICH BRESSLER CHAIRMAN + CEO PRESIDENT, COO & CFO IHEARTMEDIA, INC. IHEARTMEDIA, INC. IMPACT REPORT 2015 5 COMMITMENT TO COMMUNITY iHeartMedia Communities, the community engagement division of iHeartMedia launched in 2011, serves to enhance the company’s ongoing efforts by adding an additional layer of resources to both address a number of critical issues we believe warrant national attention and to streamline all philanthropic commitments, ensuring consistent focus and messaging across all divisions and departments. As we set out to strengthen communities and support the development of the individuals, children and families which make up the neighborhoods we reach, iHeartMedia places great emphasis on these key values: ENRICHING COMMUNITIES PRESENTING DIVERSE PROGRAMMING & WORKFORCE We believe we have a responsibility to inform, inspire and support neighborhoods across At iHeartMedia we value diversity as a the U.S. In an effort to elevate issues and cornerstone of our business and we embrace raise awareness and/or funding, iHeartMedia it as a business strategy. iHeartMedia seeks spotlights thousands of local and nonprofit quality radio programming