Paris, November 7, 2024 – 5.45pm
Financial information for the third quarter of 2024 – NRJ Group



 Consolidated revenue (1) for the first nine months of 2024:
€282.6m, up +1.4%
 The Group has, in France, the number one commercial radio
offering for the entire public (2) and for the 25-49 priority age group
target (3),
3rd quarter 9 months to date
In millions of euros 2024 2023 Change 2024 2023 Change

Radio 55.5 57.7 -3.8% 169.0 168.8 +0.1%
Television 15.4 17.8 -13.5% 54.1 54.2 -0.2%
Broadcasting 20.2 19.0 +6.3% 59.5 55.7 +6.8%

Revenue excluding barters 91.1 94.5 -3.6% 282.6 278.7 +1.4%
Revenue on barters 3.7 4.2 -11.9% 11.6 12.4 -6.5%
Revenue 94.8 98.7 -4.0% 294.2 291.1 +1.1%




After a dynamic first half of the year, the Group’s media activities in France were affected by the Paris Olympic and
Paralympic Games in terms of television audiences and advertising. In addition, the previous year’s benchmark was
particularly high for NRJ Group’s Radio and Television divisions, up +6.5% and +7.2% respectively in Q3 2023. The
combination of these two factors weighed on the Group’s consolidated revenue (excluding barters) in Q3 2024,
which fell by 3.6% to €91.1m.

In the 3rd quarter of the 2024 financial year, the Broadcasting division continued to build on its strong sales momentum,
with revenue (1) up 6.3% at €20.2m.

Consolidated revenue (excluding barters) for the first 9 months of the 2024 financial year totalled €282.6m, an increase
of +1.4% compared with the same period in 2023.

Consolidated revenue (1) for the first nine months of 2024 benefited from the power of the Group’s brands. According
to the Cross Médias survey (4), more than 44 million French people are entertained by the Group’s media each month.


RADIO

According to the results of the Médiamétrie survey for the April–June 2024 wave, 38.2 million French people (3) spent
2 hours and 45 minutes each day listening to the Radio (4), confirming the strength of Radio as a medium and their
attachment to said medium, which is part of their everyday lives.

With this last Médiamétrie wave, in France, the Group has the number one commercial radio offering for the entire
public (2) and for the 25-49 priority age group target (3), consolidating its dominant position with an audience share of
20.7%, up 0.9 percentage points in one year (7).

Every day, more than 9.9 million French people listen to the Group’s radio stations (8) (+482,000 new daily listeners in
one year (9)).

(1) Excluding barters
As of the end of September 2024, the Group cemented its position as the leading private digital audio group in France,
with its programmes available on all digital devices: It is the number one private Internet radio group (10) and the
number one radio group among the 25-49 age group and the under-65 group using smart speakers (11). NRJ Group is
ranked as the number one radio group for e-commerce, every week bringing together nearly 10.8 million listeners
who make purchases online (12).

Revenue (1) for the Group’s Radio division fell by 3.8% in the third quarter of 2024. It is characterised by diverging trends
between France, where revenue (1) is down by -6.4%, and outside France, where it is up by +7.3%.

Changes in radio revenue (1) in France in Q3 2024 are mainly due to a very high benchmark, particularly for national
radio (+12.4% in Q3 2023 vs Q3 2022) and to the adverse effects of the Paris 2024 Olympic and Paralympic Games on
sales activity.

Over the first 9 months of 2024, the Radio division generated revenue (1) of €169.0m, virtually unchanged from the
same period in 2023, with France experiencing a -2.8% drop nationally and +0.3% rise locally, contrasting with a +8.4%
rise internationally.


TELEVISION

The 3rd quarter of 2024 on television was marked by the broadcasting of numerous sporting events, the main ones
being Euro 2024 and the Paris Olympic and Paralympic Games. This exceptional programming boosted the audience
for historical channels, which held the exclusive rights to broadcast these sporting events, which was not the case for
any other French channels, including NRJ 12 and Chérie 25. In Q3 2024, the cumulative audience share of the free-
to-air channels in the Group’s Television division, NRJ 12 and Chérie 25, fell by 0.5 points for the 25-49 age group
target (13) and by 0.4 points for the Women under 50 Responsible for Purchases target (13).

In the first 9 months of 2024, the cumulative audience share of the Group’s Television division was 2.2% (14) for the entire
viewing public, 2.4% (14) for the 25-49 age group target and 2.7% (14) for the Women under 50 Responsible for Purchases
target. During this period, 5.0 million viewers watched NRJ 12 every day, 33.2 million viewers watched NRJ 12 every
month, i.e. 53% of French viewers aged 4 and over, and 4.2 million viewers watched Chérie 25 every day (15).

For its part, NRJ HITS consolidated its status as the number 1 Box TV music channel (16) and leader among high
commercial priority targets (17) with 5.7 million viewers each month (18).

The drop in target audiences recorded in Q3 2024 weighed on the Television division’s revenue (1) for the period,
which totalled €15.4m, down €2.4m on Q3 2023, as a result of a high base effect (+7.2% in Q3 2023).

Against this backdrop, after a particularly dynamic first half of the year (+6.3%), revenue (1) for the Group’s Television
division was virtually stable over the first 9 months of 2024 at €54.1m.


BROADCASTING

In the 3rd quarter of the 2024 financial year, the Broadcasting division continued to build on its strong sales momentum,
with revenue (1) up 6.3% at €20.2m.

At the end of September 2024, revenue (1) for the Broadcasting division totalled €59.5m, a surge of +6.8% compared
with the first nine months in 2023 (+5.8% on a like-for-like basis). This increase is mainly due to the continued roll-out of
DAB+ and the integration of RadioKing, taken over in June 2023.

****************
Outlook:

In October 2024, revenue (1) for the Radio and Television divisions should be stable compared with October 2023.
However, the economic environment remains uncertain and visibility on media revenue (1) growth remains limited for
the upcoming key months of November and December 2024.

The NRJ Music Awards 2024 were held on 1 November 2024. France's No. 1 awards ceremony in terms of audience
figures, with 3.57 million viewers (+11% in one year), a 19.1% audience share (+2.4 points) and more than 30 million
views on social networks (+133%), it is the most popular awards ceremony for the arts in France (19).

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Next release: Full year 2024 revenue on February 6, 2025 (after market close).

****************
Sources:
(1) Consolidated revenue excluding barters, not audited, and according to IFRS standards.
(2) Médiamétrie, EAR-National survey, April-June 2024, NRJ Global, Monday-Friday, 13 years and over, 5 a.m.-midnight, CA.
(3) Médiamétrie, EAR-National survey, April-June 2024, NRJ Global, Monday-Friday, 25-49 age group, 5 a.m.-midnight, CA and Audience Share %.
(4) 2024.1 Wave Cross Media survey, reproduction prohibited, all rights reserved by Mobimétrie, ACPM and Médiamétrie. 15 years and over (44,094,000
individuals or 81%).
(5) Médiamétrie, EAR-National survey, April-June 2024, Total Radio, Monday-Friday, 13 years and over, 5 a.m.-midnight, CA.
(6) Médiamétrie, EAR-National survey, April-June 2024, Total Radio, Monday-Friday, 13 years and over, 5 a.m.-midnight, TSL.
(7) Médiamétrie, EAR-National survey, NRJ Global, Monday-Friday, 25-49 age group, 5 a.m.-midnight, Audience Share %. April-June 2024 vs April-June
2023, change in point.
(8) Médiamétrie, EAR-National survey, April-June 2024, Monday-Friday, 13 years and over, 5 a.m.-midnight, CA, NRJ Global : 9,924,000 listeners.
(9) Médiamétrie, EAR-National survey, NRJ Global, Monday-Friday, 13 years and over, 5 a.m.-midnight, CA, April-June 2024 vs April-June 2023.
(10) ACPM, global digital radio broadcasting, September 2024, active listening sessions +30 seconds, data for France, NRJ Group: 33,840,320 active
listening sessions.
(11) Médiamétrie, EAR-National Survey, Global Radio, January-March 2024, NRJ Global, Smart Speakers, Monday-Friday, 25-49 age group and 13-64
age group, 5 a.m.-midnight, AQH and Audience Share, Advertising coupling and Total Radio France.
(12) Kantar Media TGI October 2024. Stations listened to over the last 8 days. Online purchases in the past 12 months (websites/apps). 15 years and
over age group target.
(13) Médiamétrie-Médiamat, Audience share, targets specified, Day of viewing, NRJ GROUP TV Division = aggregate NRJ 12 + Chérie 25, 3 a.m.-3 a.m.,
Monday to Sunday. “July-September 2024” vs “July-September 2023”. Change in point.
(14) Médiamétrie-Médiamat, “January-September 2024”, Audience share, targets specified, Day of viewing, NRJ GROUP TV Division = aggregate NRJ
12 + Chérie 25, 3 a.m.-3 a.m., Monday to Sunday.
(15) Médiamétrie-Médiamat, monthly averages, “January-September 2024”, ECR (Extrapolated cumulative Rate) and monthly coverage, 3 a.m.-3
a.m., Monday to Sunday, NRJ 12, Chérie 25, individuals 4 years and over, all screens, all locations.
(16) Médiamétrie, Médiamat’Thematik, consolidated audience, wave 47 (From 1 st January 2024 to 16th June 2024), 3 a.m.-3 a.m., Monday to Sunday.
EAR (Extrapolated Average Rate) Ranking of thematic music channels, 4 years and over individuals, receiving satellite, ADSL, cable or fibre optic
television.
(17) Médiamétrie, Médiamat’Thematik, consolidated audience, wave 47 (From 1st January 2024 to 16th June 2024), 3 a.m.-3 a.m., Monday to Sunday.
Main targets WRP<50 age group, 25-49 age group, 15-49 age group, 15-34 age group and 15-24 age group, individuals, receiving satellite, ADSL,
cable or fibre optic television, EAR (Extrapolated Average Rate) leadership.
(18) Médiamétrie, Médiamat’Thematik, consolidated audience, wave 47 (From 1 st January 2024 to 16th June 2024), 3 a.m.-3 a.m., Monday to Sunday,
4 years and over individuals, receiving satellite, ADSL, cable or fibre optic television, having watched the channel for at least 10 consecutive
seconds on average over four consecutive weeks.
(19) NRJ MUSIC AWARDS-Médiamétrie-Médiamat, ‘Audience Veille’, TF1, 1 November 2024, EAR (Extrapolated Average Rate) and Audience Share,
individuals 4 years and over. Talkwalker and TikTok between the 25th October and the 4th of November 2024.




Notice: Some of the information contained in this financial release may be provisional. This information reflects either trends or
objectives and cannot be taken as a forecast of results or of any other performance indicator. By its very nature, such information
is subject to risks and uncertainties which may, in certain cases, be beyond the Company’s control. More details on these risks and
uncertainties can be found in the public documents filed by the Group to the French financial market authority (Autorité des
marchés financiers), in particular the NRJ GROUP Universal Registration Document whose last version is available on its website
(www.nrjgroup.fr) in the “Finances/ Publications financières/ Rapports financiers” section.

About NRJ GROUP

More than forty years after Jean-Paul Baudecroux created the NRJ radio station, NRJ GROUP is one of France’s leading private media groups in the
publishing, production and broadcasting sectors, and also markets its own media spaces.

In France, the Group tops the private radio and audio market with its four brands (NRJ, CHERIE FM, NOSTALGIE and RIRE & CHANSONS), it is a significant
player in the television market, where it operates and develops two free national channels (NRJ 12 and CHERIE 25) and a paid channel (NRJ HITS, the
number one cable-satellite-ADSL music channel) and, through its subsidiary towerCast, ranks number two in the French broadcasting market. The
Group has also leveraged its brand strength, marketing expertise and commercial power to develop a digital ecosystem in recent years, to adapt to
today’s consumer expectations and anticipate changes in future uses. As such, brands are developing their territories in a number of different formats,
including live digital streaming, more than 250 topical internet radio stations, and original and catch-up podcasts. They are also available on a wide
range of digital media devices, offering more ways to access content: websites, mobile apps and even smart speakers. Today, NRJ Group is the
leading private digital radio group in France. An original and catch-up podcast producer, the Group is also a podcast content aggregator thanks to
partnerships with external producers. This approach allows the Group to position itself on the digital audio market with a significant, context-appropriate
offering as part of a brand-safe communication environment.

On the international market, the Group is present in 16 other countries either directly or through partnerships or licensing agreements, primarily with the
NRJ/ENERGY brand – the number one international radio brand – and/or the NOSTALGIE/NOSTALGI/RADIO NOSTALGIA brand.

NRJ GROUP shares are listed on the Euronext in Paris (compartment B).
Codes - ISIN: FR0000121691; Reuters: NRG-FR; Bloomberg: NRG FP.



Analyst and Investor Information
NRJ GROUP – Investor Relations 46-50 avenue Théophile Gautier 75016 Paris - www.nrjgroup.fr
FTI Consulting – Arnaud de Cheffontaines | Cosme Julien-Madoni / Tel: + 33 1 47 03 68 19 / e-mail:
nrjgroup@fticonsulting.com

NRJ GROUP, a public limited company with capital of 781,076.21 euros
Head office: 22, rue Boileau 75016 Paris
332 036 128 RCS PARIS


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