So as to conduct its work efficiently, the Supervisory Board relied on the assistance of three committees: the Presiding Committee, the Audit and Finance Committee, and the Compensation Committee.

Presiding Committee

The Presiding Committee is made up of the Chairman and Vice-Chairman of the Supervisory Board, together with four additional members. The Chairman and Vice-Chairman of the Supervisory Board jointly chair the committee. The committee prepares for meetings of the Supervisory Board, and furthermore deals with acquisitions of programming rights and other matters of particular business significance that are subject to its consent.

Compensation Committee

The Compensation Committee, established in June 2008, serves as a personnel and nominating committee. These duties had previously been performed by the Presiding Committee. The Compensation Committee is made up of the Chairman and Vice-Chairman of the Supervisory Board and two additional members. It is chaired by the Chairman of the Supervisory Board.

Audit and Finance Committee

The Audit and Finance Committee is concerned with matters of risk management and compliance. In accordance with Item 7.1.2 of the German Corporate Governance Code of June 2008, the Audit and Finance Committee also discusses the semiannual and quarterly financial reports with the Executive Board before those reports are released. It is also concerned with ensuring the requisite independence of the independent auditor, engaging the independent auditor’s services, identifying points of emphasis for audits, and agreeing on fees with the independent auditor. Its consent is also required for certain management measures. The Audit and Finance Committee has five members. Its Chairman is appointed by the Supervisory Board, and under the rules of procedure this individual must be a member of the Supervisory Board with experience in accounting and internal controlling.

> See the Annual Report 2008 for further information about the composition of the Supervisory Board in 2008.