On 30 April 2020, Cablevisión Holding S.A. informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that, as resolved by the shareholders at the Annual General Ordinary Shareholders' Meeting held on 29 April 2020, starting on 13 May 2020, the Company will proceed with the payment of cash dividends corresponding to the fiscal year ended on 31 December 2019, in an aggregate amount of USD 12,000,000 (United States Dollars, twelve million) in freely disposable dollars currently held by the Company with banks in the City of New York, equal to ARS 800,940,000 (Argentine pesos eight hundred million nine hundred forty thousand), representing 443.38770884% of the issued and outstanding capital stock of the Company and equal to USD 0.06643010096 and ARS 4.43387708844 per issued and outstanding share with a nominal value of AR$ 1. In addition, any shareholders that wish so, instead of receiving their pro rata portion of the dividends in United States Dollars in cash, will have the option to receive their pro rata portion of the dividends in Argentine Pesos a the Peso amount per share indicated above (the "Peso Payment Option"). Any shareholders that wish to exercise the Peso Payment Option must do so affirmatively and irrevocably. Accordingly, shareholders that do not wish to exercise the Peso Payment Option and/or remain silent, do not need to file any notice or state any preference and will receive their dividend in United States Dollars.