NIPPON TV ANNOUNCES APPOINTMENT OF NEW CHAIRMAN AND NEW PRESIDENT THROUGH TWO PROMOTIONS WITHIN THE COMPANY

TOKYO, JAPAN – July 8, 2019 – Currently ranked as the #1 TV broadcaster in Japan for the past five consecutive years, Nippon Television Network Corporation (Nippon TV) announced that Mr. Yoshio Okubo, currently President and CEO of Nippon TV, has been appointed to Chairman and CEO of the leading broadcaster, while Mr. Yoshinobu Kosugi, currently serving as Executive Vice President, has been promoted to President of Nippon TV. Both positions became effective June 27, 2019 and with these new promotions Mr. Kosugi will report directly to Mr. Okubo.

ABOUT NIPPON TV

Nippon TV is recognized as Japan's viewer ratings champion having topped all timeslot categories for five consecutive years and garnering the largest profits in the country's broadcasting industry. One of the biggest successes for the nation's finest producer of all genres of programming is Dragons' Den, a globally successful business show format that has more than 35 versions in territories across all continents of the world. The Emmy award-winning version, Shark Tank, airs in the US. Following closely is the success of Mother, a scripted format that has become a mega-hit in Turkey and has sold into 35 territories around the world, and Woman -My Life for My Children-which became an even bigger hit in Turkey and currently sold to 33 territories. With well-established businesses that range from eSports, android creation, digital mixed reality, animation, movies, events, to fitness clubs, Nippon TV is leveraging its coveted platform to revolutionize digital media in an ever-changing industry. Launching a channel in Southeast Asia named GEM through a joint venture with Sony Pictures Television Networks and leading the digital content market through Hulu Japan---a subsidiary that boasts the largest SVOD subscriber base in the country, Nippon TV is steadily solidifying its presence and brand as a global media powerhouse.