Axel Springer Investor Presentation — March 2018

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Berlin, March 8, 2018Annual Results 2017

Investor/Analyst Conference Call

Dr Mathias Döpfner, Chairman & CEO

Dr Julian Deutz, CFODisclaimer

March 8, 2018 Annual Results 2017 -Investor/Analyst Conference CallThis document, which has been issued by Axel Springer SE (the "Company"), comprises the written materials/slides for a presen tation of the

Whilst all reasonable care has been taken to ensure that the information and facts stated herein are accurate and that the op inions and

expectations contained herein are fair and reasonable no representation or warranty, express or implied, is given by or on be half of the Company,

any of its directors, or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability is accepted for any such information or opinions.

This document contains forward looking statements which involves risks and uncertainties. These forward looking statements sp eakonly as of the

date of this document and are based on numerous assumptions which may or may not prove to be correct. The actual performance andresults of

the business of the Company could differ materially from the performance and results discussed in this document.

The Company undertakes no obligation to publicly update or revise any forward looking statements or other information contain ed herein whether

as a result of new information, future events or otherwise.

This document does not constitute or form any part of any offer or invitation to sell or issue, or any solicitation of any of ferto purchase or subscribe

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2Strong 2017 in linewith guidance –

share price up41% and higher proposed dividend

March 8, 2018 Annual Results 2017 -Investor/Analyst Conference CallRevenues €3,562.7m (+8.3% reported, +6.3% organically)

Adj. EBITDA €645.8m (+8.5% reported, +4.5% organically)

Adj. eps €2.60(+8.1%)

Share price up 41% in 2017

Dividend €2.00 per share* (up from €1.90)

3* Dividend proposal80% of adj. EBITDA from digital activities –digital

revenues with organic growth of 12.5% in 2017

March 8, 2018 Annual Results 2017 -Investor/Analyst Conference CalldigitalRevenues Advertising Revenues adj. EBITDA

digital digital71% 87% 80%

4Key messages 2017 –strong execution

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