Univision Communications Inc Names Adam Shippee Head of Investor Relations and Senior Vice President, Corporate Business Development

October 26, 2017

NEW York, OCTOBER 26, 2017 – Univision Communications Inc. (UCI), the leading media company serving Hispanic America, today announced that Adam Shippee has been promoted to Head of Investor Relations and senior vice president, Corporate Business Development, effective immediately. Shippee, who has been serving as vice president, Investor Relations since August of 2015, will report to Francisco J. Lopez-Balboa, chief financial officer, and remain based in New York. Shippee will take over leadership of the Investor Relations function from Laraine (Rainey) Mancini, who has left the Company.

In his new role, Shippee will work with UCI’s division leaders to further the Company’s strategic business initiatives, investments and merger and acquisition efforts. Shippee will also oversee Univision’s ongoing relationships with the investment community, including educating analysts and investors on the Company’s growth prospects and managing the flow of financial and related communications to key stakeholders.

“Adam is a skilled professional with strong investor and analyst relationships and the business development expertise necessary to effectively lead our IR and development efforts,” said Lopez-Balboa. “Adam’s comprehensive understanding of our business, the industry, and the capital markets landscape will position UCI to succeed as we continue on our journey forward. On behalf of our management team, I want to congratulate Adam on his new role and thank Rainey Mancini for her contributions, and wish her all the best in her future endeavors.”

Shippee said, “I am grateful for the opportunity to lead our Investor Relations and Corporate Business Development teams. UCI has a dynamic story, as our country’s leading media organization for diverse America, and I look forward to working with Frank and the rest of our management, finance and communications teams to continue building relationships and educating our analysts and investors about Univision’s growth prospects and unique positioning in the industry.”

Since joining the Company as vice president, Finance in 2013, Shippee has supported finance and operations, with a particular focus on the Company’s strategic initiatives.

Prior to joining UCI, Shippee worked in a global capacity for General Electric, where he most recently was based out of Shanghai, China. During his more than seven years with the Company, he held various roles in corporate audit, strategy, and acquisitions and dispositions across multiple industries, including Media, Transportation, Oil & Gas, Energy, Healthcare, and Capital, and completed GE’s Financial Management Program certification.

Shippee graduated from the University of Vermont with a B.S. in Business.

Visit corporate.univision.com for more information on UCI, and follow @UCIPRTeam on Twitter and Instagram.

CONTACT:
Bobby Amirshahi
646.560.4902
bamirshahi@univision.net

About Univision Communications Inc.

Univision Communications Inc. (UCI) is the leading media company serving Hispanic America. The Company, a leading content creator in the U.S., includes Univision Network, one of the leading networks in the U.S. regardless of language and the most-watched Spanish-language broadcast television network in the country available in approximately 90% of U.S. Hispanic television households; UniMás, a leading Spanish-language broadcast television network available in approximately 85% of U.S. Hispanic television households; Univision Cable Networks, including Galavisión, the most-watched U.S. Spanish-language entertainment cable network, as well as UDN (Univision Deportes Network), the most-watched U.S. Spanish-language sports cable network, Univision tlnovelas, a 24-hour Spanish-language cable network dedicated to telenovelas, ForoTV, a 24-hour Spanish-language cable network dedicated to international news, and an additional suite of cable offerings - De Película, De Película Clásico, Bandamax, Ritmoson and Telehit; Univision Local Media, which owns and/or operates 59 television stations and 64 radio stations in major U.S. Hispanic markets and Puerto Rico; and Univision Now, a direct-to-consumer, on demand and live streaming subscription service. The Company also includes the Fusion Media Group (FMG), a division that serves young, diverse audiences. FMG includes two cable networks: news and lifestyle English-language network FUSION TV and UCI’s interest in El Rey Network, a general entertainment English-language cable network; Univision.com, the most-visited Spanish-language website among U.S. Hispanics; Uforia, a music application featuring multimedia music content; as well as a collection of leading digital brands that span a range of categories: technology (Gizmodo), sports (Deadspin), music (TrackRecord), lifestyle (Lifehacker), modern women’s interests (Jezebel), news and politics (Splinter), African American news and culture (The Root), gaming (Kotaku), and car culture (Jalopnik). FMG also includes the Company’s interest in comedy and news satire brands The Onion, Clickhole and The A.V. Club. Headquartered in New York City, UCI has content creation facilities and sales offices in major cities throughout the United States. For more information, please visit corporate.univision.com.

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This document contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “expects,” “intends,” “anticipates,” “plans,” “believes,” “seeks,” “estimates,” “will,” or words of similar meaning or similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements are based on management’s current expectations, assumptions and beliefs which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological, strategic and/or regulatory factors, and other factors affecting the operations of Univision. Additional information concerning these and other factors can be found in Univision’s filings with the Securities and Exchange Commission (the “SEC”), including Univision’s Registration Statement on Form S-1, initially filed with the SEC on July 2, 2015, as amended. Any forward-looking statement made in this document speaks only as of the date on which it is made. Univision undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

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