The annual report details a year of organisational transition that drove steady operational improvement in the second half. Building on the strategic framework established in 2024, the group focused on strengthening performance across its three strategic pillars of People, Product and Profit while addressing structural issues that had constrained execution.  
 
CEO Manuel Stan said: “In 2025, Catena Media took tough decisions in the first half to position the business for long-term sustainable growth. We rightsized the organisation, embedded a simpler and more agile operating model, and launched our MRKTPLAYS subaffiliation platform as a scalable new growth engine. By year-end, the changes were delivering more consistent execution, greater organisational clarity and stronger margins. The year ended with our best quarterly results since the transformation plan began in mid-2024, with Q4 revenue increasing 53 percent to EUR 15.6m and adjusted EBITDA more than tripling to EUR 4.7m. These results provide a solid platform to build on in 2026.” 
 
The annual report, prepared using the single electronic reporting format specified in the Transparency Directive ESEF Regulation, can be accessed on the Group's website at: https://www.catenamedia.com/investors/financial-reports-and-presentations/ 
 
Attached to this company announcement is a signed copy of the Directors' Declaration on ESEF Annual Financial Reports. 
 
As part of the Group's ambition to minimise environmental impact, the annual report format is all-digital. 
 
The company's audited financial statements for the year ended 31 December 2025 (which are set out in the annual report) will be laid for approval at the company's 2026 annual general meeting, which will be held on Wednesday, 27 May 2026, at 9:00 am (CEST) at The Westin Dragonara Resort, Malta. Further information about the AGM, can be found on the Company's website at:  
https://www.catenamedia.com/investors/corporate-governance/general-meetings/