29 Dec 2017 07:00
GRUPO CLARIN S.A.
Company accepts resignations of Alternate Board Members
On December 28 2017, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that the Company had accepted the resignation of Mr. Sebastián Bardengo to the position of alternate director, appointed by the Class A shareholders.
Attached as Exhibit A is a free translation of the Minutes of the Meeting of the Board of Directors of the Company at which the resignation was accepted.
Enquiries:
In Buenos Aires:
Agustín Medina Manson / Patricio Gentile
Grupo Clarín
Tel: +5411 4309 7215
Email: investors@grupoclarin.com
In London:
Alex Money
Jasford IR
Tel: +44 20 3289 5300
Email: alexm@jasford.com
In New York:
Melanie Carpenter
I-advize Corporate Communications
Tel: +1 212 406 3692
Email: clarin@i-advize.com
Exhibit A
Board of Directors' Meeting Minutes No. 401: In the City of Buenos Aires, on December 27, 2017, at 1 PM, the Board of Directors of Grupo Clarín S.A. (the "Company") holds a meeting at its headquarters located at Piedras 1743, with the presence of the undersigned Directors and permanent members of the Supervisory Committee. The Chairman Jorge C. Rendo declares the meeting open and submits the only item of the agenda to the consideration of the attendees:
Acknowledgement of the resignation submitted by Mr. Sebastián Bardengo to the position of Alternate Director. Mr. Jorge C. Rendo states that on December 26, 2017, the Company received a note submitted by Mr. Sebastián Bardengo, whereby he resigned to the position of alternate director appointed by the Class A shareholders. In view of the above and taking into consideration that the resignation is neither untimely nor the result of willful misconduct and that it does not affect the ordinary course of business of the Company, the Chairman makes a motion specifically to approve the resignation submitted by Mr. Sebastián Bardengo. Submitted to the vote of the attendees, the motion is unanimously approved. Without any further matters to discuss, the meeting is adjourned at 1.30 PM.
On Behalf of the Board: Jorge C. Rendo, Héctor M. Aranda, Horacio E. Quirós, Ignacio R. Driollet, Martín G. Etchevers, Francisco Iván Acevedo, Lorenzo Calcagno, Sebastián Salaber and Gonzalo Blaquier.
On Behalf of the Supervisory Committee: Carlos A. P. Di Candia, Hugo Ernesto López and Rubén Suarez.