<SEC-DOCUMENT>0000895345-21-000460.txt : 20210426
<SEC-HEADER>0000895345-21-000460.hdr.sgml : 20210426
<ACCEPTANCE-DATETIME>20210426171900
ACCESSION NUMBER:		0000895345-21-000460
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210423
FILED AS OF DATE:		20210426
DATE AS OF CHANGE:		20210426

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GRUPO TELEVISA, S.A.B.
		CENTRAL INDEX KEY:			0000912892
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEVISION BROADCASTING STATIONS [4833]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12610
		FILM NUMBER:		21854999

	BUSINESS ADDRESS:	
		STREET 1:		AV VASCO DE QUIROGA 2000
		STREET 2:		COLONIA SANTA FE
		CITY:			MEXICO, D.F.
		STATE:			O5
		ZIP:			01210
		BUSINESS PHONE:		(5255) 52612000

	MAIL ADDRESS:	
		STREET 1:		AV VASCO DE QUIROGA 2000
		STREET 2:		COLONIA SANTA FE
		CITY:			MEXICO, D.F.
		STATE:			O5
		ZIP:			01210

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRUPO TELEVISA S A
		DATE OF NAME CHANGE:	19931202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRUPO TELEVISA S A DE CV
		DATE OF NAME CHANGE:	19931001
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ff240518_6k.htm
<DESCRIPTION>REPORT OF FOREIGN ISSUER
<TEXT>
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    <div style="text-align: center; margin-top: 4pt; font-family: 'Times New Roman'; font-size: 18pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 18pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
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      <div style="text-align: center; margin-bottom: 2pt; font-family: 'Times New Roman'; font-size: 12pt;">&#160;</div>
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    <div style="text-align: center; margin-top: 12pt; margin-bottom: 10pt; font-family: 'Times New Roman'; font-size: 18pt; font-weight: bold;">FORM 6-K</div>
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    <div style="text-align: center; margin-top: 12pt; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">REPORT OF FOREIGN ISSUER</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">PURSUANT TO RULES 13a-16 OR 15d-16</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">UNDER THE SECURITIES EXCHANGE ACT OF 1934</div>
    <div style="text-align: center; margin-top: 12pt; margin-bottom: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the month of April, 2021</div>
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      <div style="text-align: center; margin-bottom: 2pt; font-family: 'Times New Roman'; font-size: 12pt;">&#160;</div>
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    <div style="text-align: center; margin-top: 12pt; font-family: 'Times New Roman'; font-size: 24pt; font-weight: bold;">GRUPO TELEVISA, S.A.B.</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(Translation of registrant&#8217;s name into English)</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;"> <br>
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    <div style="text-align: center; margin-top: 12pt; font-family: 'Times New Roman'; font-weight: bold;">Av. Vasco de Quiroga No. 2000, Colonia Santa Fe 01210 Mexico City, Mexico</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(Address of principal executive offices)</div>
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    </div>
    <div style="margin-top: 12pt; font-family: 'Times New Roman';">(Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.)</div>
    <div style="text-align: center; margin-top: 12pt; font-family: 'Times New Roman';">Form 20-F &#9746; Form 40-F &#9744; <br>
    </div>
    <div style="margin-top: 12pt; font-family: 'Times New Roman';">(Indicate by check mark whether the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).)</div>
    <div style="text-align: center; margin-top: 12pt; font-family: 'Times New Roman';">Yes &#9744; No &#9746; <br>
    </div>
    <div style="margin-top: 12pt; font-family: 'Times New Roman';">(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).)</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-size: 10pt;">Yes </font><font style="font-size: 10pt;">&#9744; No </font><font style="font-size: 10pt;">&#9746;</font><font style="font-size: 10pt;">&#160; <br>
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              <div>&#160;<img src="image00001.jpg"></div>
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              <div>&#160;
                <div>
                  <div style="text-align: right; margin-bottom: 4pt; font-size: 12pt;">Investor Relations</div>
                  <div><br>
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                <div style="text-align: right; margin-bottom: 10pt; font-size: 12pt; font-weight: bold;">PRESS RELEASE</div>
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    <div style="text-align: center; font-size: 14pt; font-weight: bold;">Televisa Reports First Quarter 2021 Results</div>
    <div><br>
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    <div><br>
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    <div style="text-align: justify; margin-bottom: 6pt; font-weight: bold;"><u>Consolidated</u></div>
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          <td style="width: 18pt; vertical-align: top;"><font style="font-family: Times New Roman">&#9679;</font></td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-size: 12pt;">Excluding Other Businesses, Segment Revenue and Operating Segment Income (&#8220;OSI&#8221;) for our three core operations grew by 7.7% and 12.4%, respectively.</div>
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          <td style="width: 18pt; vertical-align: top;"><font style="font-family: Times New Roman">&#9679;</font></td>
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            <div style="font-size: 12pt;">We announced the combination of our media, content and production assets with Univision.</div>
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    <div style="text-align: justify; margin-bottom: 6pt; font-weight: bold;"><u>Cable</u></div>
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          <td style="width: 18pt; vertical-align: top;"><font style="font-family: Times New Roman">&#9679;</font></td>
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            <div style="font-size: 12pt;">Strong revenue and OSI growth of 7.9% and 7.7%, respectively.</div>
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          <td style="width: 18pt; vertical-align: top;"><font style="font-family: Times New Roman">&#9679;</font></td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-size: 12pt;">Solid organic growth of 104 thousand broadband Revenue Generating Units (&#8220;RGUs&#8221;), reaching north of 5.5 million.</div>
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          <td style="width: 18pt; vertical-align: top;"><font style="font-family: Times New Roman">&#9679;</font></td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-size: 12pt;">Solid positive trend for the Enterprise division remains, growing revenue by 14.7%.</div>
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    <div style="text-align: justify; margin-bottom: 6pt; font-weight: bold;"><u>Sky</u></div>
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          <td style="width: 18pt; vertical-align: top;"><font style="font-family: Times New Roman">&#9679;</font></td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-size: 12pt;">Keeps adding video RGUs and the positive trend in broadband remains, closing the quarter with a record high 8.2 millions total RGUs.</div>
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          <td style="width: 18pt; vertical-align: top;"><font style="font-family: Times New Roman">&#9679;</font></td>
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            <div style="font-size: 12pt;">Revenue increased by 4.1% with a lower margin due to sports events amortization.</div>
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    <div style="text-align: justify; margin-bottom: 6pt; font-weight: bold;"><u>Content</u></div>
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          <td style="width: 18pt; vertical-align: top;"><font style="font-family: Times New Roman">&#9679;</font></td>
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            <div style="font-size: 12pt;">Strong recovery of revenue and OSI, growing by 10.2% and 47.3%, respectively, driven by a robust increase of 28.1% in advertising revenue.</div>
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          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman';"><font style="font-size: 12pt; font-family: Arial;">Our flagship network had more than twice the average rating</font><font style="font-family: Arial;"><sup style="font-family: 'Times New Roman',serif; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup><font style="font-size: 12pt;"> of its closest competitor network.</font></font></div>
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      <div style="text-align: center; font-weight: bold;">Earnings Call Date and Time: Friday, April 23, 2021, at 10:00 A.M. ET. / 09:00 A.M. M&#233;xico</div>
      <div><br>
      </div>
    </div>
    <div style="text-align: center; margin-bottom: 10pt; font-weight: bold;">Conference ID # is 1296213</div>
    <div style="margin-bottom: 10pt;"><br>
    </div>
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                <div style="text-align: center;">&#160;From the U.S.: +1 (833) 353 0403</div>
              </td>
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                <div style="text-align: center;">&#160;From Mexico: 800 926 9147</div>
              </td>
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                <div style="text-align: center;">&#160;International callers: +1 (630) 652 5765</div>
              </td>
              <td style="width: 50%;">
                <div style="text-align: center;">&#160;Rebroadcast: +1 (404) 537-3406</div>
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      </div>
      <div style="text-align: center;">&#160;&#160; <br>
      </div>
      <div style="text-align: center;">The teleconference will be rebroadcast starting at 13:00 ET on April 23 through midnight on May 7.</div>
    </div>
    <br>
    <br>
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    <div style="font-style: italic;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup>&#160;Monday to Sunday from 2:30 p.m. to 10:30 p.m.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">1</font></div>
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    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Consolidated Results</div>
    <div><br>
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    <div><br>
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    <div style="text-align: justify; font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;">Mexico City, April 22, 2021</font><font style="font-family: Arial;"> &#8212; Grupo Televisa, S.A.B. (NYSE:TV; BMV: TLEVISA CPO; &#8220;Televisa&#8221;
        or &#8220;the Company&#8221;), today announced results for the first-quarter of 2021. The results have been prepared in accordance with International Financial Reporting Standards (&#8220;IFRS&#8221;).</font></div>
    <div><br>
    </div>
    <div style="text-align: justify;">The following table sets forth condensed consolidated statements of income for the quarters ended March 31, 2021 and 2020, in millions of Mexican pesos:</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zc59fdcd202234333957516b229327547" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);">

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          <td style="width: 47.48%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);" rowspan="2">&#160;</td>
          <td style="width: 9.91%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" rowspan="2">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Margin</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" rowspan="2">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;20</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Margin</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Change</div>
          </td>
        </tr>
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          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
        </tr>
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          <td style="width: 47.48%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div>Net sales<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
          </td>
          <td nowrap="nowrap" style="width: 9.91%; vertical-align: middle;">
            <div style="text-align: right;">23,828.9</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">100.0</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">23,081.3</div>
          </td>
          <td nowrap="nowrap" style="width: 9.26%; vertical-align: middle;">
            <div style="text-align: right;">100.0</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">3.2</div>
          </td>
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        <tr>
          <td style="width: 47.48%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Operating segment income<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></div>
          </td>
          <td style="width: 9.91%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">9,377.6</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">36.5</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">8,709.2</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">35.2</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">7.7</div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify; font-size: 8pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1 </sup>Adjusted by disposed operations in relation to the sale of the Company&#8217;s Radio business which was concluded on July 2<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">nd</sup>, 2020.</div>
    <div style="text-align: justify;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2 </sup><font style="font-size: 8pt;">The operating segment income margin is calculated as a percentage of segment net sales.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify;">Net sales increased by 3.2% to Ps.23,828.9 million in the first-quarter of 2021 compared with Ps.23,081.3 million in the first-quarter of 2020. This increase was attributable to solid growth in our three core
      businesses. Operating segment income increased by 7.7%, reaching Ps.9,377.6 million with a margin of 36.5%.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">The following table sets forth condensed consolidated statements of income for the quarters ended March 31, 2021 and 2020, in millions of Mexican pesos:</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z57df1b2b31124aa79768b1255bee3e0f" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);">

        <tr>
          <td style="width: 48.32%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);" rowspan="2">
            <div style="font-weight: bold;">&#160;</div>
          </td>
          <td style="width: 9.07%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" rowspan="2">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Margin</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" rowspan="2">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;20</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Margin</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Change</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.32%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Net sales<sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
          </td>
          <td nowrap="nowrap" style="width: 9.07%; vertical-align: middle;">
            <div style="text-align: right;">23,828.9</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">100.0</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">23,081.3</div>
          </td>
          <td nowrap="nowrap" style="width: 9.26%; vertical-align: middle;">
            <div style="text-align: right;">100.0</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">3.2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.32%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Net loss</div>
          </td>
          <td nowrap="nowrap" style="width: 9.07%; vertical-align: middle;">
            <div style="text-align: right;">(325.8)</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">(1.4)</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">(8,903.7)</div>
          </td>
          <td nowrap="nowrap" style="width: 9.26%; vertical-align: middle;">
            <div style="text-align: right;">(38.3)</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">96.3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.32%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Net loss attributable to stockholders of the Company</div>
          </td>
          <td nowrap="nowrap" style="width: 9.07%; vertical-align: middle;">
            <div style="text-align: right;">(584.4)</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">(2.5)</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">(9,651.9)</div>
          </td>
          <td nowrap="nowrap" style="width: 9.26%; vertical-align: middle;">
            <div style="text-align: right;">(41.6)</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">93.9</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.32%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Segment net sales</div>
          </td>
          <td nowrap="nowrap" style="width: 9.07%; vertical-align: middle;">
            <div style="text-align: right;">25,668.9</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">100.0</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">24,714.1</div>
          </td>
          <td nowrap="nowrap" style="width: 9.26%; vertical-align: middle;">
            <div style="text-align: right;">100.0</div>
          </td>
          <td nowrap="nowrap" style="width: 11.11%; vertical-align: middle;">
            <div style="text-align: right;">3.9</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.32%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-weight: bold;">Operating segment income<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></div>
          </td>
          <td style="width: 9.07%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">9,377.6</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">36.5</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">8,709.2</div>
          </td>
          <td style="width: 9.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">35.2</div>
          </td>
          <td style="width: 11.11%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">7.7</div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify; font-size: 8pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> Adjusted by disposed operations in relation to the sale of the Company&#8217;s Radio business which was concluded on July 2<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">nd</sup>, 2020.</div>
    <div style="text-align: justify; margin-right: 2.15pt; margin-bottom: 10pt; font-size: 8pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup>The operating segment income margin is calculated as a percentage of segment net sales.</div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-bottom: 10pt;">Net loss attributable to stockholders of the Company amounted to Ps.584.4 million in the first-quarter of 2021, compared with a Ps.9,651.9 million in the first-quarter of 2020. The decrease of
      Ps.9,067.5 million reflected (i) a favorable change of Ps.5,400.4 million in share of income or loss of associates and joint ventures, net; (ii) a Ps.4,686.0 million decrease in finance expense, net; (iii) a Ps.570.0 million increase in income before
      depreciation and amortization; and (iv) a Ps.489.6 million decrease in net income attributable to non-controlling interests.</div>
    <div style="text-align: justify; margin-bottom: 10pt;">These favorable variances were partially offset by (i) a Ps.1,622.4 million decrease in income tax benefit; (ii) an unfavorable change of Ps.437.8 million in other income or expense, net; and (iii)
      a Ps.18.3 million increase in depreciation and amortization.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">2</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">First-quarter Results by Business Segment</div>
    <div><br>
    </div>
    <div style="text-align: justify;">The following table presents first-quarter consolidated results ended March 31, 2021 and 2020, for each of our business segments. Consolidated results for the first-quarter of 2021 and 2020 are presented in millions of
      Mexican pesos.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zad7afb97d51944acbbd275a46096890d" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);">

        <tr>
          <td style="width: 46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin-left: 4pt; font-style: italic; font-weight: bold;">Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21</div>
          </td>
          <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 12.07%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;20</div>
          </td>
          <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">&#160;%</div>
          </td>
          <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Change</div>
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Cable</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">11,676.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">45.5</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right;">10,824.7</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">43.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">7.9</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Sky</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">5,624.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">21.9</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right;">5,405.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">21.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">4.1</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Content</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">7,416.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">28.9</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right;">6,727.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">27.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">10.2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Other Businesses</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">951.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">3.7</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right;">1,756.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">7.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(45.8)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt; font-weight: bold;">Segment Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold;">25,668.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold;">100.0</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold;">24,714.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold;">100.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right; font-weight: bold;">3.9</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Intersegment Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">(1,840.0)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right;">(1,632.8)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">&#160;</td>
          <td style="width: 9.95%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt; font-weight: bold;">Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">23,828.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>&#160;</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">23,081.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>&#160;</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">3.2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Disposed Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;</sup><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle;">
            <div style="text-align: right;">147.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt; font-weight: bold;">Net Sales</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">23,828.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">&#160;</div>
          </td>
          <td style="width: 12.07%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">23,228.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">&#160;</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">2.6</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z5fc9ec3eb2d844f986e935db38b520b1" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);">

        <tr>
          <td style="width: 45.99%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-style: italic; font-weight: bold;">Operating Segment Income<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup></div>
          </td>
          <td style="width: 12.08%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21</div>
          </td>
          <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Margin</div>
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 12.09%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;20</div>
          </td>
          <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Margin</div>
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 9.95%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Change</div>
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Cable</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">4,834.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">41.4</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">4,490.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">41.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">7.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Sky</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">2,154.4</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">38.3</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">2,234.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">41.3</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(3.6)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Content</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">2,376.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">32.0</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">1,613.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">24.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">47.3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Other Businesses</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">12.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">1.3</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">371.0</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">21.1</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(96.7)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt; font-weight: bold;">Operating Segment Income</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">9,377.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">36.5</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">8,709.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">35.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">7.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Corporate Expenses</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">(499.4)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(1.9)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">(423.8)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(1.7)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(17.8)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Depreciation and Amortization</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">(5,169.8)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(21.7)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">(5,151.5)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(22.2)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(0.4)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt;">Other (Expense) Income, net</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">(152.9)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(0.6)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">284.9</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">1.2</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Intersegment Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">(15.0)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(0.1)</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">(17.8)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">(0.1)</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">15.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 4pt;">Disposed Operations<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;</sup><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></div>
          </td>
          <td style="width: 12.08%; vertical-align: middle;">
            <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle;">
            <div style="text-align: right;">25.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle;">
            <div style="text-align: right;">n/a</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.99%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 3.55pt; font-weight: bold;">Operating Income</div>
          </td>
          <td style="width: 12.08%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">3,540.5</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">14.9</div>
          </td>
          <td style="width: 12.09%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">3,426.6</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">14.8</div>
          </td>
          <td style="width: 9.95%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">3.3</div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify; margin-right: 22.5pt; margin-left: 14.2pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> For segment reporting purposes, intersegment operations are included in each of the segment operations.</div>
    <div style="text-align: justify; margin-right: 22.5pt; margin-left: 14.2pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup> The sale of the Company&#8217;s Radio business was concluded on July 2<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">nd</sup>, 2020. Accordingly, the net sales and the operating segment income associated with
      the Radio business, which was part of the Company&#8217;s Other Businesses segment, are presented separately as disposed operations for the quarter ended March 31, 2020.</div>
    <div style="text-align: justify; margin-right: 22.5pt; margin-left: 14.2pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3 </sup>Operating segment income is defined as operating income before depreciation and amortization, corporate expenses, and other (expense) income, net.</div>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">3</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Cable</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;">Total net additions for the quarter</font><font style="font-family: Arial;"> were approximately 169.3 thousand RGUs. Quarterly growth
        was mainly driven by 104.0 thousand broadband net additions and 85.9 thousand voice net additions. Video RGUs decreased by 38.6 thousand.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify;">The following table sets forth the breakdown of RGUs per service type for our Cable segment as of March 31, 2021 and 2020.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="z4ab83d99c89d4647a2e098eeeb999932" style="width: 70%; color: rgb(0, 0, 0); font-family: Arial; font-size: 10pt; text-align: left;">

        <tr>
          <td style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="2">
            <div style="font-style: italic; font-weight: bold;">RGUs</div>
          </td>
          <td style="width: 25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21 Net Adds</div>
          </td>
          <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21</div>
          </td>
          <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;20</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);" colspan="2">
            <div>Video</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">(38,581)</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">4,246,101</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">4,308,058</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);" colspan="2">
            <div>Broadband</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">103,960</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">5,534,819</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">4,817,103</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);" colspan="2">
            <div>Voice</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">85,875</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">4,382,405</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">3,783,519</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);" colspan="2">
            <div>Mobile</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">18,059</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">93,574</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">-</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);" colspan="2">
            <div style="font-weight: bold;">Total RGUs</div>
          </td>
          <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">169,313</div>
          </td>
          <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">14,256,899</div>
          </td>
          <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">12,908,680</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="4">&#160;</td>
        </tr>

    </table>
    <div style="text-align: justify;"><font style="font-weight: bold;">First-quarter sales</font> increased by 7.9% to Ps.11,676.5 million compared with Ps.10,824.7&#160; million in the first-quarter of 2020 driven by solid net additions in broadband.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;">First-quarter operating segment income </font><font style="font-family: Arial;">increased by 7.7% to Ps.4,834.6 million compared
        with Ps.4,490.3 million in the first-quarter of 2020, while the margin was relativately stable.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify;">The following tables set forth the breakdown of revenue and operating segment income, excluding consolidation adjustments, for our MSO and enterprise operations for the first-quarter of 2021 and 2020.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="zf5626d383d04429a9fe5bcd7056cf70e" style="width: 80%; color: rgb(0, 0, 0); font-family: Arial; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 40%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold; font-style: italic;">MSO Operations</font><font style="font-family: Arial;">&#160;<sup style="font-style: italic; font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
            <div>Millions of Mexican pesos</div>
          </td>
          <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21</div>
          </td>
          <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;20</div>
          </td>
          <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Change %</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: bottom; border-right: 2px solid rgb(0, 0, 0);">
            <div>Revenue</div>
          </td>
          <td style="width: 20%; vertical-align: middle;">
            <div style="text-align: right;">10,465.4</div>
          </td>
          <td style="width: 20%; vertical-align: middle;">
            <div style="text-align: right;">9,755.8</div>
          </td>
          <td style="width: 20%; vertical-align: middle;">
            <div style="text-align: right;">7.3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: bottom; border-right: 2px solid rgb(0, 0, 0);">
            <div>Operating Segment Income</div>
          </td>
          <td style="width: 20%; vertical-align: middle;">
            <div style="text-align: right;">4,483.3</div>
          </td>
          <td style="width: 20%; vertical-align: middle;">
            <div style="text-align: right;">4,122.7</div>
          </td>
          <td style="width: 20%; vertical-align: middle;">
            <div style="text-align: right;">8.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div>Margin (%)</div>
          </td>
          <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">42.8</div>
          </td>
          <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">42.3</div>
          </td>
          <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">&#160;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="zb4abc64fef264567b087504957a07304" style="width: 80%; color: rgb(0, 0, 0); font-family: Arial; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 40%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold; font-style: italic;">Enterprise Operations </font><font style="font-family: Arial;"><sup style="font-style: italic; font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
            <div>Millions of Mexican pesos</div>
          </td>
          <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21</div>
          </td>
          <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;20</div>
          </td>
          <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Change %</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: bottom; border-right: 2px solid rgb(0, 0, 0);">
            <div>Revenue</div>
          </td>
          <td style="width: 20%; vertical-align: middle;">
            <div style="text-align: right;">1,700.3</div>
          </td>
          <td style="width: 20%; vertical-align: middle;">
            <div style="text-align: right;">1,482.2</div>
          </td>
          <td style="width: 20%; vertical-align: middle;">
            <div style="text-align: right;">14.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: bottom; border-right: 2px solid rgb(0, 0, 0);">
            <div>Operating Segment Income</div>
          </td>
          <td style="width: 20%; vertical-align: middle;">
            <div style="text-align: right;">528.3</div>
          </td>
          <td style="width: 20%; vertical-align: middle;">
            <div style="text-align: right;">505.2</div>
          </td>
          <td style="width: 20%; vertical-align: middle;">
            <div style="text-align: right;">4.6</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div>Margin (%)</div>
          </td>
          <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">31.1</div>
          </td>
          <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">34.1</div>
          </td>
          <td style="width: 20%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">&#160;</div>
          </td>
        </tr>

    </table>
    <div>
      <div style="font-size: 8pt; text-indent: -18pt;">
        <table cellspacing="0" cellpadding="0" border="0" align="center" style="width: 80%; color: #000000; font-family: Arial; font-size: 10pt;" id="z2e6588349ea3424e9578062874c0cd23">

            <tr>
              <td style="width: 5%; text-align: left; vertical-align: top;">
                <div style="font-size: 8pt;">(1)</div>
              </td>
              <td style="width: 95%; font-size: 8pt;">These results do not include consolidation adjustments of Ps.489.2 million in revenue nor Ps. 177.0 million in Operating Segment Income for the first quarter of 2021, neither the consolidation
                adjustments of Ps.413.3 million in revenue nor Ps.137.6 million in Operating Segment Income for the first quarter of 2020. Consolidation adjustments are considered in the consolidated results of the Cable segment.</td>
            </tr>

        </table>
        &#160;&#160; <br>
      </div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;">First-quarter sales and operating segment income in our MSO operations</font><font style="font-family: Arial;"> increased by 7.3% and
        8.7%, respectively.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;">First-quarter sales and operating segment income in our Enterprise Operations</font><font style="font-family: Arial;"> increased by
        14.7% and 4.6%, respectively.</font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">4</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Sky</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;">During the quarter</font><font style="font-family: Arial;">, Sky continued growing its broadband business after adding 32.0 thousand
        broadband RGUs, reaching a total of 697.9 thousand. Sky also added 10.1 thousand video RGUs.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify;">The following table sets forth the breakdown of RGUs per service type for Sky as of March 31, 2021 and 2020.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="z1beaa42500364ca2b201ae6bc9331e1a" style="width: 70%; color: rgb(0, 0, 0); font-family: Arial; font-size: 10pt; text-align: left;">

        <tr>
          <td style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);" colspan="2">
            <div style="font-style: italic; font-weight: bold;">RGUs</div>
          </td>
          <td style="width: 25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21 Net Adds</div>
          </td>
          <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21</div>
          </td>
          <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;20</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);" colspan="2">
            <div>Video</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">10,077</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">7,487,371</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">7,437,469</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);" colspan="2">
            <div>Broadband</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">32,041</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">697,948</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">430,412</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);" colspan="2">
            <div>Voice</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">6,646</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">7,538</div>
          </td>
          <td style="width: 25%; vertical-align: middle;">
            <div style="text-align: right;">1,052</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);" colspan="2">
            <div style="font-weight: bold;">Total RGUs</div>
          </td>
          <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">48,764</div>
          </td>
          <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">8,192,857</div>
          </td>
          <td style="width: 25%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">7,868,933</div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify; font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: justify; font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;">First-quarter sales</font><font style="font-family: Arial;"> increased by 4.1% to Ps.5,624.8 million compared with Ps.5,405.3 million
        in the first-quarter of 2020, mainly explained by the growth in broadband RGUs.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;">First-quarter operating segment income</font><font style="font-family: Arial;"> decreased by 3.6% to Ps.2,154.4 million compared with
        Ps.2,234.0 million in the first-quarter of 2020, while the margin was 38.3%. The decline was due to costs related to the amortization of certain sports events.</font></div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Content</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;">First-quarter sales </font><font style="font-family: Arial;">increased by 10.2% to Ps.7,416.1 million compared with Ps.6,727.6 million in the
        first-quarter of 2020.</font></div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="z5bc03948925f49faa89de4ff90111f5c" style="width: 80%; color: #000000; font-family: Arial; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 38.54%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div>Millions of Mexican pesos</div>
          </td>
          <td style="width: 14.47%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21</div>
          </td>
          <td style="width: 10.48%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 14.48%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;20</div>
          </td>
          <td style="width: 10.32%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">%</div>
          </td>
          <td style="width: 11.72%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Change %</div>
          </td>
        </tr>
        <tr>
          <td style="width: 38.54%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div>Advertising</div>
          </td>
          <td style="width: 14.47%; vertical-align: middle;">
            <div style="text-align: right;">3,374.9</div>
          </td>
          <td style="width: 10.48%; vertical-align: middle;">
            <div style="text-align: right;">45.5</div>
          </td>
          <td style="width: 14.48%; vertical-align: middle;">
            <div style="text-align: right;">2,635.1</div>
          </td>
          <td style="width: 10.32%; vertical-align: middle;">
            <div style="text-align: right;">39.2</div>
          </td>
          <td style="width: 11.72%; vertical-align: middle;">
            <div style="text-align: right;">28.1</div>
          </td>
        </tr>
        <tr>
          <td style="width: 38.54%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div>Network Subscription</div>
          </td>
          <td style="width: 14.47%; vertical-align: middle;">
            <div style="text-align: right;">1,344.8</div>
          </td>
          <td style="width: 10.48%; vertical-align: middle;">
            <div style="text-align: right;">18.1</div>
          </td>
          <td style="width: 14.48%; vertical-align: middle;">
            <div style="text-align: right;">1,332.1</div>
          </td>
          <td style="width: 10.32%; vertical-align: middle;">
            <div style="text-align: right;">19.8</div>
          </td>
          <td style="width: 11.72%; vertical-align: middle;">
            <div style="text-align: right;">1.0</div>
          </td>
        </tr>
        <tr>
          <td style="width: 38.54%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div>Licensing and Syndication</div>
          </td>
          <td style="width: 14.47%; vertical-align: middle;">
            <div style="text-align: right;">2,696.4</div>
          </td>
          <td style="width: 10.48%; vertical-align: middle;">
            <div style="text-align: right;">36.4</div>
          </td>
          <td style="width: 14.48%; vertical-align: middle;">
            <div style="text-align: right;">2,760.4</div>
          </td>
          <td style="width: 10.32%; vertical-align: middle;">
            <div style="text-align: right;">41.0</div>
          </td>
          <td style="width: 11.72%; vertical-align: middle;">
            <div style="text-align: right;">(2.3)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 38.54%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-weight: bold;">Net Sales</div>
          </td>
          <td style="width: 14.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">7,416.1</div>
          </td>
          <td style="width: 10.48%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">&#160;</div>
          </td>
          <td style="width: 14.48%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">6,727.6</div>
          </td>
          <td style="width: 10.32%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">&#160;</div>
          </td>
          <td style="width: 11.72%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">10.2</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; font-weight: bold;"><u>Advertising</u></div>
    <div><br>
    </div>
    <div style="text-align: justify;">First-quarter advertising sales increased by 28.1% to Ps.3,374.9 million compared with Ps.2,635.1 million in the first-quarter of 2020, driven by strong recovery of the private sector.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-weight: bold;"><u>Network Subscription</u></div>
    <div><br>
    </div>
    <div style="text-align: justify;">First-quarter Network Subscription sales increased by 1.0% to Ps.1,344.8 million compared with Ps.1,332.1 million in the first-quarter of 2020.</div>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">5</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify;"><font style="font-weight: bold;"><u>Licensing and Syndication</u></font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 180pt;">&#160;</font></div>
    <div><br>
    </div>
    <div style="text-align: justify;">First-quarter Licensing and Syndication sales decreased by 2.3% to Ps.2,696.4 million from Ps.2,760.4 million in the first-quarter of 2020. Royalties from Univision reached U.S.$96.5 million in the first-quarter of
      2021 compared to U.S.$97.6 million in the first-quarter of 2020.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;">First-quarter operating segment income </font><font style="font-family: Arial;">increased by 47.3% to Ps.2,376.5 million compared
        with Ps.1,613.9 million in the first-quarter of 2020, while the margin was 32.0%.</font></div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Other Businesses</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Other Businesses were affected by the closing of the economy and measures triggered in response to COVID-19, which included the suspension or limitation of activities in some businesses of this segment.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;">First-quarter sales </font><font style="font-family: Arial;">decreased by 45.8% to Ps.951.5 million compared with Ps.1,756.5 million
        in the first-quarter of 2020.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman';"><font style="font-family: Arial; font-weight: bold;">First-quarter operating segment income</font><font style="font-family: Arial;"> decreased by 96.7% to Ps.12.1 million compared with
        Ps.371.0 million in the first-quarter of 2020.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; font-weight: bold;">Corporate Expense</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Corporate expense increased by Ps.75.6 million, or 17.8%, to Ps.499.4 million in the first-quarter of 2021, from Ps.423.8 million in the first-quarter of 2020. This increase reflected primarily a higher share-based
      compensation expense.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Share-based compensation expense in the first-quarter of 2021 and 2020, amounted to Ps.258.4 million and Ps.209.1 million, respectively, and was accounted for as corporate expense. Share-based compensation expense is
      measured at fair value at the time the equity benefits are conditionally sold to officers and employees, and is recognized over the vesting period. The net increase of Ps.49.3 million, or 23.6%, reflected an increase in equity benefits conditionally
      sold, as well as an increase in the market price of our CPO in the last 12-months.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-weight: bold;">Other Income or Expense, Net</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Other income or expense, net, changed by Ps.437.8 million, to other expense, net, of Ps.152.9 million in the first-quarter of 2021, from other income, net, of Ps.284.9 million in the first-quarter of 2020. This change
      reflected primarily:</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z64106e72abb645e894e6d96176ad8de2" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); margin-bottom: 10pt;">

        <tr>
          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">I.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>the absence in 2021 of a non-cash Ps.386.0 million income that resulted from a decrease in a provision for an appreciation payment arrangement between Televisa and a related party;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z4a98bdac7c744ddc85b9dbf7fa08456a" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); margin-bottom: 10pt;">

        <tr>
          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">II.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>a higher loss on disposition of property and equipment; and</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z1ddde857571b414bb95bdef1832a39c8" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); margin-bottom: 10pt;">

        <tr>
          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">III.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>an increase in expense to prevent COVID-19.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">6</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-bottom: 10pt;">These unfavorable variances were partially offset by:</div>
    <table cellspacing="0" cellpadding="0" id="zf64905a408ce4dcc8566609ab3f4e66b" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); margin-bottom: 10pt;">

        <tr>
          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">I.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>a decrease in non-recurrent severance expense in connection with dismissals of personnel; and</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="za19672187a484046a065536bb58c4f8d" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); margin-bottom: 10pt;">

        <tr>
          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">II.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>the absence in 2021 of other expense related to a compensation plan for certain officers of our Cable segment.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify;">Other expense, net, in the first-quarter of 2021, included expense related to legal and financial advisory and professional services, expense to prevent COVID-19, loss on disposition of property and equipment, and
      non-recurrent severance expense in connection with dismissals of personnel.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">The following table sets forth the breakdown of cash and non-cash other (expense) income, net, stated in millions of Mexican pesos, for the three months ended March 31, 2021 and 2020.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="zfa0ddce7bc0747faadc4a9bfca3b79fc" style="width: 70%; color: #000000; font-family: Arial; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 40%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="font-style: italic; font-weight: bold;">Other Income (Expense), Net</div>
          </td>
          <td style="width: 30%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21</div>
          </td>
          <td style="width: 30%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;20</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div>Cash</div>
          </td>
          <td style="width: 30%; vertical-align: top;">
            <div style="text-align: right;">(57.9)</div>
          </td>
          <td style="width: 30%; vertical-align: top;">
            <div style="text-align: right;">(137.5)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div>Non-cash</div>
          </td>
          <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">(95.0)</div>
          </td>
          <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">422.4</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="font-weight: bold;">Total</div>
          </td>
          <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">(152.9)</div>
          </td>
          <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right;">284.9</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="font-weight: bold;">Finance Expense, Net</div>
    <div><br>
    </div>
    <div style="text-align: justify;">The following table sets forth the finance (expense) income, net, stated in millions of Mexican pesos for the three months ended March 31, 2021 and 2020.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="za6d66c46ffc84ee28c4539467a6c5ce5" style="width: 80%; color: #000000; font-family: Arial; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 49.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 14.15%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21</div>
          </td>
          <td style="width: 18.6%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;20</div>
          </td>
          <td style="width: 17.62%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">(Unfavorable)</div>
            <div style="text-align: right; font-style: italic; font-weight: bold;">Favorable</div>
            <div style="text-align: right; font-style: italic; font-weight: bold;">Change</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.63%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Interest expense</div>
          </td>
          <td style="width: 14.15%; vertical-align: top;">
            <div style="text-align: right;">(2,302.4)</div>
          </td>
          <td style="width: 18.6%; vertical-align: top;">
            <div style="text-align: right;">(2,528.2)</div>
          </td>
          <td style="width: 17.62%; vertical-align: top;">
            <div style="text-align: right;">225.8</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.63%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Interest income</div>
          </td>
          <td style="width: 14.15%; vertical-align: top;">
            <div style="text-align: right;">121.3</div>
          </td>
          <td style="width: 18.6%; vertical-align: top;">
            <div style="text-align: right;">223.9</div>
          </td>
          <td style="width: 17.62%; vertical-align: top;">
            <div style="text-align: right;">(102.6)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.63%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Foreign exchange loss, net</div>
          </td>
          <td style="width: 14.15%; vertical-align: top;">
            <div style="text-align: right;">(1,723.4)</div>
          </td>
          <td style="width: 18.6%; vertical-align: top;">
            <div style="text-align: right;">(8,601.4)</div>
          </td>
          <td style="width: 17.62%; vertical-align: top;">
            <div style="text-align: right;">6,878.0</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.63%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Other finance (expense) income, net</div>
          </td>
          <td style="width: 14.15%; vertical-align: top;">
            <div style="text-align: right;">(117.1)</div>
          </td>
          <td style="width: 18.6%; vertical-align: top;">
            <div style="text-align: right;">2,198.1</div>
          </td>
          <td style="width: 17.62%; vertical-align: top;">
            <div style="text-align: right;">(2,315.2)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-weight: bold;">Finance expense, net</div>
          </td>
          <td style="width: 14.15%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">(4,021.6)</div>
          </td>
          <td style="width: 18.6%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">(8,707.6)</div>
          </td>
          <td style="width: 17.62%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">4,686.0</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify;">Finance expense, net, decreased by Ps.4,686.0 million, to Ps.4,021.6 million in the first-quarter of 2021, from Ps.8,707.6 million in the first-quarter of 2020.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">This decrease reflected:</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z1cdc0f863df2402fb3ef29f5be3121fa" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); margin-bottom: 10pt;">

        <tr>
          <td style="width: 14.2pt;"><br>
          </td>
          <td style="width: 14.15pt; vertical-align: top;">I.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>a Ps.6,878.0 million decrease in foreign exchange loss, net, resulting primarily from a 2.6% depreciation of the Mexican peso against the U.S. dollar on a higher average net U.S. dollar liability position in the first-quarter of 2021, in
              comparison with a 26.4% depreciation in the first-quarter of 2020; and</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zbee058b0252b4bdc8cf27869adb6d0d8" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); margin-bottom: 10pt;">

        <tr>
          <td style="width: 14.2pt;"><br>
          </td>
          <td style="width: 14.15pt; vertical-align: top;">II.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>a Ps.225.8 million decrease in interest expense, primarily due to a lower depreciation of the Mexican peso against the U.S. dollar in the first quarter of 2021.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">7</font></div>
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0);"></div>
    </div>
    <div style="text-align: justify;">These favorable variances were partially offset by (i) a Ps.2,315.2 million unfavorable change in other finance income or expense, net, resulting primarily from changes in fair value of our derivative contracts; and
      (ii) a Ps.102.6 decrease in interest income, primarily explained by a lower interest rate and a lower average amount of cash equivalents in the first-quarter of 2021.</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Share of Income or Loss of Associates and Joint Ventures, Net</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Share of income or loss of associates and joint ventures, net, changed by Ps.5,400.4 million, to a share of income of Ps.51.8 million in the first-quarter of 2021, from a share of loss of Ps.5,348.6 million in the
      first-quarter of 2020. This favorable change reflected mainly the absence in 2021 of an impairment loss in the amount of Ps.5,455.4 million that decreased the carrying value of our investment in shares of Univision Holdings Inc. (&#8220;UHI&#8221;) as of March
      31, 2020. This favorable variance was partially offset by a lower share of income of UHI, the controlling company of Univision Communications Inc., and a share of loss of Ocesa Entretenimiento, S.A. de C.V., a live entertainment company with
      operations primarily in Mexico, in which we maintain a 40% interest.</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Income Taxes</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Income tax benefit decreased by Ps.1,622.4 million, to Ps.103.5 million in the first-quarter of 2021, compared with an income tax benefit of Ps.1,725.9 million in the first-quarter of 2020. This decrease reflected
      mainly a reduction of income tax losses of certain subsidiaries in the Company, resulting from a lower foreign exchange loss in the first-quarter of 2021.</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Net Income Attributable to Non-controlling Interests</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Net income attributable to non-controlling interests decreased by Ps.489.6 million, to Ps.258.6&#160; million in the first-quarter of 2021, compared with Ps.748.2 million in the first-quarter of 2020. This decrease
      reflected primarily a lower portion of net income attributable to non-controlling interests in our Sky and Cable segments.</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Capital Expenditures</div>
    <div><br>
    </div>
    <div style="text-align: justify;">During the first quarter of 2021, we invested approximately U.S.$275.1 million in property, plant and equipment as capital expenditures. The following table sets forth the breakdown by segment of capital expenditures
      for the first quarter of 2021 and 2020.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" id="z6ac018e7d73342dc81ff2967b9093497" style="width: 70%; color: #000000; font-family: Arial; font-size: 10pt; text-align: left;">

        <tr>
          <td style="width: 40%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-weight: bold;">Capital Expenditures</div>
            <div style="text-align: center;">(Millions of U.S. Dollars)</div>
          </td>
          <td style="width: 30%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;21</div>
          </td>
          <td style="width: 30%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">1Q&#8217;20</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Cable</div>
          </td>
          <td style="width: 30%; vertical-align: top;">
            <div style="text-align: right;">199.8</div>
          </td>
          <td style="width: 30%; vertical-align: top;">
            <div style="text-align: right;">160.9</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Sky</div>
          </td>
          <td style="width: 30%; vertical-align: top;">
            <div style="text-align: right;">73.6</div>
          </td>
          <td style="width: 30%; vertical-align: top;">
            <div style="text-align: right;">61.8</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;">Content and Other Businesses</div>
          </td>
          <td style="width: 30%; vertical-align: top;">
            <div style="text-align: right;">1.7</div>
          </td>
          <td style="width: 30%; vertical-align: top;">
            <div style="text-align: right;">4.7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-weight: bold;">Total</div>
          </td>
          <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">275.1</div>
          </td>
          <td style="width: 30%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-weight: bold;">227.4</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">8</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Debt and Lease Liabilities</div>
    <div><br>
    </div>
    <div style="text-align: justify;">The following table sets forth our total debt and lease liabilities as of March 31, 2021 and December 31, 2020. Amounts are stated in millions of Mexican pesos.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zfbdf859965534ad09a86199f4e35ed0d" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);">

        <tr>
          <td style="width: 52.04%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 16.27%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">March 31, 2021</div>
          </td>
          <td style="width: 16.32%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">December 31, 2020</div>
          </td>
          <td style="width: 15.37%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-style: italic; font-weight: bold;">Increase</div>
            <div style="text-align: right; font-style: italic; font-weight: bold;">(Decrease)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div>Current portion of long-term debt</div>
          </td>
          <td style="width: 16.27%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt;">617.0</div>
          </td>
          <td style="width: 16.32%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt;">617.0</div>
          </td>
          <td style="width: 15.37%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt;">-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
          <td style="width: 16.27%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 16.32%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 15.37%; vertical-align: top;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div>Long-term debt, net of current portion</div>
          </td>
          <td style="width: 16.27%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt;">124,218.2</div>
          </td>
          <td style="width: 16.32%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt;">121,936.0</div>
          </td>
          <td style="width: 15.37%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt;">2,282.2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
          <td style="width: 16.27%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 16.32%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 15.37%; vertical-align: top;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin-left: 22.05pt; font-weight: bold;">Total debt <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 16.27%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold;">124,835.2</div>
          </td>
          <td style="width: 16.32%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold;">122,553.0</div>
          </td>
          <td style="width: 15.37%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold;">2,282.2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
          <td style="width: 16.27%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 16.32%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 15.37%; vertical-align: top;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div>Current portion of long-term lease liabilities</div>
          </td>
          <td style="width: 16.27%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt;">1,255.1</div>
          </td>
          <td style="width: 16.32%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt;">1,277.7</div>
          </td>
          <td style="width: 15.37%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt;">(22.6)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
          <td style="width: 16.27%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 16.32%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 15.37%; vertical-align: top;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div>Long-term lease liabilities, net of current portion</div>
          </td>
          <td style="width: 16.27%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt;">7,769.1</div>
          </td>
          <td style="width: 16.32%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt;">8,014.6</div>
          </td>
          <td style="width: 15.37%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt;">(245.5)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
          <td style="width: 16.27%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 16.32%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 15.37%; vertical-align: top;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; margin-left: 22.05pt; font-weight: bold;">Total lease liabilities</div>
          </td>
          <td style="width: 16.27%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold;">9,024.2</div>
          </td>
          <td style="width: 16.32%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold;">9,292.3</div>
          </td>
          <td style="width: 15.37%; vertical-align: top;">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold;">(268.1)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
          <td style="width: 16.27%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
          <td style="width: 16.32%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
          <td style="width: 15.37%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 52.04%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="margin-left: 22.05pt; font-weight: bold;">Total debt and&#160; lease liabilities</div>
          </td>
          <td style="width: 16.27%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold;">133,859.4</div>
          </td>
          <td style="width: 16.32%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold;">131,845.3</div>
          </td>
          <td style="width: 15.37%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; margin-left: 22.5pt; font-weight: bold;">2,014.1</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 8pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup> As of March 31, 2021 and December 31, 2020, total debt is presented net of finance costs in the amount of Ps.1,295.0 million and Ps.1,324.3 million, respectively.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">As of March 31, 2021, our consolidated net debt position (total debt and lease liabilities, less cash and cash equivalents, temporary investments, and certain non-current investments in financial instruments) was
      Ps.99,913.8 million. The aggregate amount of non-current investments in financial instruments included in our consolidated net debt position as of March 31, 2021, amounted to Ps.5,072.3 million.</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Shares Outstanding</div>
    <div><br>
    </div>
    <div style="text-align: justify;">As of March 31, 2021 and December 31, 2020, our shares outstanding amounted to 325,518.6 million and&#160; 325,992.5&#160; million shares, respectively, and our CPO equivalents outstanding amounted to 2,782.2 million and 2,786.3
      million CPO equivalents, respectively. Not all of our shares are in the form of CPOs. The number of CPO equivalents is calculated by dividing the number of shares outstanding by 117.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">As of March 31, 2021 and December 31, 2020, the GDS (Global Depositary Shares) equivalents outstanding amounted to 556.4 million and 557.3 million GDS equivalents, respectively. The number of GDS equivalents is
      calculated by dividing the number of CPO equivalents by five.</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Sustainability</div>
    <div><br>
    </div>
    <div style="text-align: justify;">During the first quarter of 2021, Televisa announced that it has committed to the Science Based Targets initiative (SBTi), joining 1,000+ companies worldwide. The initiative drives ambitious climate action into the
      private sector by enabling companies to set science-based emissions reduction targets, and it defines and promotes best practice in emissions reductions and net-zero targets in line with climate science. Also, for the third consecutive year, the
      Company has been selected as one of only five Mexican companies to be included in the 2021 Bloomberg Gender-Equality Index (GEI). With this, Bloomberg recognizes Televisa&#8217;s commitment to advancing gender equality and its continuous effort to build a
      diverse workforce that promotes an inclusive culture.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">9</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify;">In addition, for the fourth consecutive year, Televisa has received the <font style="font-style: italic;">Distintivo Empresa Socialmente Responsable 2021</font> (2021 Socially Responsible Company recognition), granted
      by <font style="font-style: italic;">Centro Mexicano para la Filantrop&#237;a</font> (Mexican Center for Philanthropy), and <font style="font-style: italic;">Alianza por la Responsabilidad Social Empresarial</font> (Alliance for the Social
      Responsibility of Businesses). The <font style="font-style: italic;">Distintivo Empresa Socialmente Responsable</font> recognizes leading companies for their voluntary and public commitment to adding social value to their operations considering
      their stakeholders.</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">COVID-19 Impact</div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-bottom: 10pt;">The COVID-19 pandemic has affected our business, financial position and results of operations for the quarter ended March 31, 2021, and it is currently difficult to predict the degree of the impact
      in the future.&#160;&#160;</div>
    <div style="text-align: justify; margin-bottom: 10pt;">We cannot guarantee that conditions in the bank lending, capital and other financial markets will not continue to deteriorate as a result of the pandemic, or that our access to capital and other
      sources of funding will not become constrained, which could adversely affect the availability and terms of future borrowings, renewals or refinancings.&#160; In addition, the deterioration of global economic conditions as a result of the pandemic may
      ultimately reduce the demand of our products across our segments as our clients and customers reduce or defer their spending.</div>
    <div style="text-align: justify; margin-bottom: 10pt;">Although vaccination efforts have started countrywide since January 2021, the Mexican Government is still implementing the plan to reactivate economic activities in accordance with color-based
      phases determined on a weekly basis in every state of the country. Most of non-essential economic activities are open with some limitations, mainly on capacity and hours of operation. However, a significant part of the population is still
      implementing social distancing and shelter-in-place policies. As a result, during the quarter ended March 31, 2021, this has affected, and is still affecting the ability of our employees, suppliers and customers to conduct their functions and
      businesses in their typical manner.&#160;</div>
    <div style="text-align: justify; margin-bottom: 10pt;">As of this date, given that they are considered essential economic activities, we have continued operating our media and telecommunications businesses&#160;uninterrupted to continue benefiting the
      country with connectivity, entertainment and information, and during the quarter ended March 31, 2021, we continued with the production of new content following the requirements and health guidelines imposed by the Mexican Government.&#160; During the
      quarter ended March 31, 2021 our Content business continued to recover as a result of the easing in lockdown restrictions in some jurisdictions in which our customers are located. Notwithstanding the foregoing, we are partially dependent on the
      demand for advertising from consumer-focused companies, and the COVID-19 pandemic has caused, and could further cause, advertisers to reduce or postpone their advertisement spending on our platforms.</div>
    <div style="text-align: justify; margin-bottom: 10pt;">In our Other Businesses segment, sporting and other entertainment events for which we have broadcast rights, or which we organize, promote and/or are located in venues we own, are operating with
      some limitations and taking the corresponding sanitary measures, and to date some of our casinos have resumed operations with reduced capacity and hours of operation.&#160; When local authorities approve the re-opening of the venues that are still not
      operating, rules may be enacted including capacity and operating hours restrictions; these may affect the results of our Other Businesses segment in the following months.&#160;&#160;</div>
    <div style="text-align: justify; margin-bottom: 10pt;">Notwithstanding the foregoing, the authorities may impose restrictions on non-essential activities, including but not limited to temporary shutdowns or additional guidelines which could be
      expensive or burdensome to implement, which may affect our operations.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">10</font></div>
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0);"></div>
    </div>
    <div style="text-align: justify; margin-bottom: 10pt;">The magnitude of the impact on our business will depend on the duration and extent of the COVID-19 pandemic and the impact of federal, state, local and foreign governmental actions, including
      continued or future social distancing, and consumer behavior in response to the COVID-19 pandemic and such governmental actions. Due to the evolving and uncertain nature of this situation, we are not able to estimate the full extent of the impact of
      the COVID-19 pandemic, but it may continue affecting our business, financial position and results of operations over the near, medium or long-term.</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Additional Information Available on Website</div>
    <div><br>
    </div>
    <div style="text-align: justify;">The information in this press release should be read in conjunction with the financial statements and footnotes contained in the Company's Annual Report and on Form 20-F for the year ended December 31, 2020, which will
      be posted on the &#8220;Reports and Filings&#8221; section of our investor relations website at televisair.com when filed with the <font style="font-style: italic;">Comisi&#243;n Nacional Bancaria y de Valores</font> and the Securities and Exchange Commission,
      respectively.</div>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">11</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; font-weight: bold;">About Televisa</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-style: italic;">Televisa is a leading media company in the Spanish-speaking world, an important cable operator in Mexico and an operator of a leading direct-to-home satellite pay television system in Mexico.
      Televisa distributes the content it produces through several broadcast channels in Mexico and in over 70 countries through 27 pay-tv brands, television networks, cable operators and over-the-top or &#8220;OTT&#8221; services. In the United States, Televisa&#8217;s
      audiovisual content is distributed through Univision Communications Inc. (&#8220;Univision&#8221;), a leading media company serving the Hispanic market. Univision broadcasts Televisa&#8217;s audiovisual content through multiple platforms in exchange for a royalty
      payment. In addition, Televisa has equity representing approximately 36% on a fully-diluted basis of the equity capital in Univision Holdings, Inc., the controlling company of Univision. Televisa&#8217;s cable business offers integrated services, including
      video, high-speed data and voice services to residential and commercial customers as well as managed services to domestic and international carriers. Televisa owns a majority interest in Sky, a leading direct-to-home satellite pay television system
      and broadband provider in Mexico, operating also in the Dominican Republic and Central America. Televisa also has interests in magazine publishing and distribution, professional sports and live entertainment, feature-film production and distribution,
      and gaming.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-weight: bold;">Disclaimer</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-style: italic;">This press release contains forward-looking statements regarding the Company&#8217;s results and prospects. Actual results could differ materially from these statements. The forward-looking statements in
      this press release should be read in conjunction with the factors described in &#8220;Item 3. Key Information &#8211; Forward Looking Statements&#8221; in the Company&#8217;s Annual Report on Form 20 - F, which, among others, could cause actual results to differ materially
      from those contained in forward-looking statements made in this press release and in oral statements made by authorized officers of the Company. Statements contained in this release relating to the COVID-19 outbreak, the impact of which on our
      business performance and financial results remains inherently uncertain, are forward-looking statements.&#160; Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. The Company
      undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-style: italic;">(Please see attached tables for financial information and ratings data)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-style: italic;">###</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Contact Information</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Investor Relations</div>
    <div style="text-align: center;"><u>www.televisair.com.mx</u></div>
    <div style="text-align: center;">Tel: (52 55) 5261 2445</div>
    <div><br>
    </div>
    <div style="text-align: center;">Rodrigo Villanueva. VP, Head of Investor Relations <u>rvillanuevab@televisa.com.mx</u></div>
    <div style="text-align: center;">Santiago Casado. Investor Relations Director. <u>scasado@televisa.com.mx</u></div>
    <div><u><br>
      </u></div>
    <div style="text-align: center; font-weight: bold;">Media Relations:</div>
    <div><br>
    </div>
    <div style="text-align: center;">Rub&#233;n Acosta / Tel: (52 55) 5224 6420 / <u>racostamo@televisa.com.mx</u></div>
    <div style="text-align: center;">Teresa Villa / Tel: (52 55) 4438 1205 / <u>atvillas@televisa.com.mx</u></div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">12</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; text-indent: 36pt; font-size: 8pt; font-weight: bold;"><br>
      <br>
      GRUPO TELEVISA, S.A.B.</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">AS OF MARCH 31, 2021 AND DECEMBER 31, 2020 </div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;"><font style="font-weight: bold;">(Millions of Mexican Pesos)</font> </div>
    <div style="font-size: 8pt; font-weight: bold;"><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z179905f7f8f1476996a3f525765ec402" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);">

        <tr>
          <td style="width: 60.66%; vertical-align: top; font-size: 8pt; font-weight: bold; text-align: center;" rowspan="1">&#160;</td>
          <td style="width: 18.3%; vertical-align: top; text-align: center;" colspan="7" rowspan="1"><font style="font-size: 8pt; font-weight: bold;">&#160;</font> </td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 18.3%; vertical-align: top;" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 18.26%; vertical-align: top;" colspan="3" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">&#160;</td>
          <td style="width: 18.3%; vertical-align: top;" colspan="3">
            <div style="text-align: center; font-size: 8pt;">March&#160; 31,</div>
          </td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 18.26%; vertical-align: top;" colspan="3">
            <div style="text-align: center; font-size: 8pt;">December 31,</div>
          </td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">&#160;</td>
          <td style="width: 18.3%; vertical-align: top;" colspan="3">
            <div style="text-align: center; font-size: 8pt;">2021</div>
          </td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 18.26%; vertical-align: top;" colspan="3">
            <div style="text-align: center; font-size: 8pt;">2020</div>
          </td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="text-indent: 76.55pt; font-size: 8pt; font-weight: bold;">ASSETS</div>
          </td>
          <td style="width: 18.3%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="3">
            <div style="text-align: center; font-size: 8pt;">(Unaudited)</div>
          </td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 18.26%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="3">
            <div style="text-align: center; font-size: 8pt;">(Audited)<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;</sup>&#160;<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">&#160;</td>
          <td style="width: 4.06%; vertical-align: top;">&#160;</td>
          <td style="width: 12.47%; vertical-align: top;">&#160;</td>
          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: top;">&#160;</td>
          <td style="width: 13.19%; vertical-align: top;">&#160;</td>
          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="font-size: 8pt;">Current assets:</div>
          </td>
          <td style="width: 4.06%; vertical-align: top;">&#160;</td>
          <td style="width: 12.47%; vertical-align: top;">&#160;</td>
          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: top;">&#160;</td>
          <td style="width: 13.19%; vertical-align: top;">&#160;</td>
          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Cash and cash equivalents</div>
          </td>
          <td style="width: 4.06%; vertical-align: middle;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 12.47%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">28,862.2</div>
          </td>
          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle;">
            <div style="font-size: 8pt;">Ps.</div>
          </td>
          <td style="width: 13.19%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">29,058.1</div>
          </td>
          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Temporary investments</div>
          </td>
          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">11.1</div>
          </td>
          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.19%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">-</div>
          </td>
          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Trade notes and accounts receivable, net</div>
          </td>
          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">21,888.9</div>
          </td>
          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.19%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">12,343.8</div>
          </td>
          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Other accounts and notes receivable, net</div>
          </td>
          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom;">
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          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
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          <td style="width: 13.19%; vertical-align: bottom;">
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        <tr>
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            <div style="text-align: right; font-size: 8pt;">&#160;<font style="font-size: 12pt;">&#160;</font>7,551.9</div>
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          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
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            <div style="text-align: right; font-size: 8pt;">1,598.4</div>
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        <tr>
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          <td style="width: 4.06%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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            <div style="text-align: right; font-size: 8pt;">5,589.1</div>
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          <td style="width: 13.19%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
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          <td style="width: 4.06%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
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          <td style="width: 1.77%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <td style="width: 13.19%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
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          <td style="width: 0.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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        <tr>
          <td style="width: 60.66%; vertical-align: top;">&#160;</td>
          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: top;">&#160;</td>
          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.19%; vertical-align: middle;">&#160;</td>
          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 60.66%; vertical-align: top;">
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          </td>
          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: top;">&#160;</td>
          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.19%; vertical-align: middle;">&#160;</td>
          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 60.66%; vertical-align: top;">
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          </td>
          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">10,466.2</div>
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          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
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          <td style="width: 13.19%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">7,982.8</div>
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          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
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          </td>
          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">5,703.3</div>
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          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.19%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">7,002.7</div>
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          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 60.66%; vertical-align: top;">
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          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">23,455.8</div>
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          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
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          <td style="width: 13.19%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">22,813.5</div>
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          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
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          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">84,100.5</div>
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          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.19%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">83,281.6</div>
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          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Right-of-use assets, net</div>
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          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">6,912.5</div>
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          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.19%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">7,212.2</div>
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          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Intangible assets, net</div>
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          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">42,676.2</div>
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          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.19%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">42,724.2</div>
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          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Deferred income tax assets</div>
          </td>
          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">&#160;<font style="font-size: 12pt;">&#160;</font>30,192.9</div>
          </td>
          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.19%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">&#160;<font style="font-size: 12pt;">&#160;</font>27,999.7</div>
          </td>
          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Contract costs</div>
          </td>
          <td style="width: 4.06%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">3,149.9</div>
          </td>
          <td style="width: 1.77%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.19%; vertical-align: bottom;">
            <div style="text-align: right; font-size: 8pt;">2,943.1</div>
          </td>
          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Other assets</div>
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          <td style="width: 4.06%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">&#160;&#160;<font style="font-size: 12pt;">&#160;</font>183.0</div>
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          <td style="width: 1.77%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 13.19%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">&#160;&#160;<font style="font-size: 12pt;">&#160;</font>225.4</div>
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          <td style="width: 0.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="text-indent: 49.9pt; font-size: 8pt;">Total non-current assets</div>
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          <td style="width: 4.06%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 12.47%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">206,840.3</div>
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          <td style="width: 1.77%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 13.19%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">202,185.2</div>
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          <td style="width: 0.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">
            <div style="text-indent: 49.9pt; font-size: 8pt;">Total assets</div>
          </td>
          <td style="width: 4.06%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0);">
            <div style="font-size: 8pt;">Ps.</div>
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          <td style="width: 12.47%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">288,987.2</div>
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          <td style="width: 1.77%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0);">
            <div style="font-size: 8pt;">Ps.</div>
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          <td style="width: 13.19%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">271,246.3</div>
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          <td style="width: 0.92%; vertical-align: top; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 60.66%; vertical-align: top;">&#160;</td>
          <td style="width: 4.06%; vertical-align: top;">&#160;</td>
          <td style="width: 12.47%; vertical-align: top;">&#160;</td>
          <td style="width: 1.77%; vertical-align: top;">&#160;</td>
          <td style="width: 2.77%; vertical-align: top;">&#160;</td>
          <td style="width: 4.16%; vertical-align: top;">&#160;</td>
          <td style="width: 13.19%; vertical-align: top;">&#160;</td>
          <td style="width: 0.92%; vertical-align: top;">&#160;</td>
        </tr>

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    <table cellspacing="0" cellpadding="0" id="ze5652cdb68d54f66b8d02057d00af388" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); margin-bottom: 6pt;">

        <tr>
          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; font-size: 8pt;">(1)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-size: 8pt;">Televisa&#8217;s audited consolidated financial statements are subject to approval by the Stockholders of the Company in the Annual Stockholders Meeting to be held on April 28, 2021.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">13</font></div>
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    <div style="margin-bottom: 10pt;"><br>
    </div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">GRUPO TELEVISA, S.A.B.</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">AS OF MARCH 31, 2021 AND DECEMBER 31, 2020</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">(Millions of Mexican Pesos)</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" id="zcaf82ad83c9b41578c93b425edfd32c0" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);">

        <tr>
          <td style="width: 61.09%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 8pt;">March&#160; 31,</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="vertical-align: top;" colspan="4">
            <div style="text-align: center; font-size: 8pt;">December 31,</div>
          </td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 61.09%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 8pt;">2021</div>
          </td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
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            <div style="text-align: center; font-size: 8pt;">2020</div>
          </td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 61.09%; vertical-align: top;">
            <div style="text-indent: 76.55pt; font-size: 8pt; font-weight: bold;">LIABILITIES</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
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            <div style="text-align: center; font-size: 8pt;">(Audited) <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 61.09%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: top;">&#160;</td>
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          <td style="width: 61.09%; vertical-align: top;">
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
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          <td style="width: 4%; vertical-align: middle;">
            <div style="font-size: 8pt;">Ps.</div>
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          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">617.0</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle;">
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          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">617.0</div>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Interest payable</div>
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">1,906.4</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">1,934.7</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
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        <tr>
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            <div style="text-indent: 28.6pt; font-size: 8pt;">Current portion of lease liabilities</div>
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">1,255.1</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">1,277.7</div>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">1,205.0</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">2,017.0</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">26,806.2</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">21,943.2</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">17,604.1</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">5,935.9</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Income taxes payable</div>
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">1,558.2</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">2,013.5</div>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">4,819.2</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">4,463.3</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Employee benefits</div>
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">1,374.4</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">1,262.6</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 61.09%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Due to related parties</div>
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">97.9</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">83.0</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
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        <tr>
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          <td style="width: 4%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">2,634.2</div>
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          <td style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">2,161.6</div>
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          <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">&#160;</td>
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        <tr>
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          <td style="width: 4%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">59,877.7</div>
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          <td style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="vertical-align: top; padding-bottom: 2px;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">43,709.5</div>
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          <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">&#160;</td>
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">&#160;</td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">124,218.2</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">121,936.0</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
            <div style="text-indent: 28.35pt; font-size: 8pt;">Lease liabilities, net of current portion</div>
          </td>
          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">7,769.1</div>
          </td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">8,014.6</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
            <div style="text-indent: 28.35pt; font-size: 8pt;">Derivative financial instruments</div>
          </td>
          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">791.1</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">1,459.3</div>
          </td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 61.09%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Income taxes payable</div>
          </td>
          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">123.9</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">767.1</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Deferred income tax liabilities</div>
          </td>
          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">1,817.3</div>
          </td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">1,786.3</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Post-employment benefits</div>
          </td>
          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">2,120.7</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">2,080.7</div>
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          <td style="vertical-align: top;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top; padding-bottom: 2px;">
            <div style="text-indent: 28.6pt; font-size: 8pt;">Other long-term liabilities</div>
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          <td style="width: 4%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">3,571.1</div>
          </td>
          <td style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="vertical-align: top; padding-bottom: 2px;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">3,553.7</div>
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          <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top; padding-bottom: 2px;">
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          <td style="width: 4%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">140,411.4</div>
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          <td style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="vertical-align: top; padding-bottom: 2px;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">139,597.7</div>
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          <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top; padding-bottom: 2px;">
            <div style="text-indent: 49.65pt; font-size: 8pt;">Total liabilities</div>
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          <td style="width: 4%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">200,289.1</div>
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          <td style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="vertical-align: top; padding-bottom: 2px;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">183,307.2</div>
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          <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">&#160;</td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">&#160;</td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 61.09%; vertical-align: top;">
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">4,907.8</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">4,907.8</div>
          </td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 61.09%; vertical-align: top; padding-bottom: 2px;">
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          <td style="width: 4%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">15,889.8</div>
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          <td style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="vertical-align: top; padding-bottom: 2px;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
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          <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
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          <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px double rgb(0, 0, 0);">
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle;">&#160;</td>
          <td style="width: 12.85%; vertical-align: top;">&#160;</td>
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          <td style="width: 13.67%; vertical-align: middle;">
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          <td style="width: 12.85%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">2,139.0</div>
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          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">82,394.4</div>
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          <td style="width: 12.85%; vertical-align: middle;">
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          <td style="width: 4%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <td style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
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            <div style="text-align: right; font-size: 8pt;">(1,250.3</div>
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          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">83,949.0</div>
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          <td style="width: 4%; vertical-align: middle;">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">(14,700.7</div>
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          <td style="width: 1%; vertical-align: top;">
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            <div style="text-align: right; font-size: 8pt;">(15,556.8</div>
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          <td style="width: 61.09%; vertical-align: top; padding-bottom: 2px;">
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          <td style="width: 4%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">(16,129.6</div>
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          <td style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
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            <div style="text-align: right; font-size: 8pt;">(16,079.1</div>
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          <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">
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          <td style="width: 4%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">53,118.7</div>
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          <td style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px double rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">52,644.5</div>
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            <div style="text-indent: 35.45pt; font-size: 8pt;">&#160;&#160;&#160;&#160;&#160;&#160;Equity attributable to stockholders of the Company</div>
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          <td style="width: 13.67%; vertical-align: middle;">
            <div style="text-align: right; font-size: 8pt;">73,916.3</div>
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          <td style="width: 1%; vertical-align: top;">&#160;</td>
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            <div style="text-align: right; font-size: 8pt;">73,442.1</div>
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          <td style="width: 4%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">14,781.8</div>
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          <td style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <td style="width: 4.05%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">14,497.0</div>
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          <td style="width: 4%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 13.67%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">88,698.1</div>
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          <td style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <td style="width: 12.85%; vertical-align: middle; border-bottom: 2px double rgb(0, 0, 0);">
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          <td style="width: 13.67%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">288,987.2</div>
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          <td style="width: 1%; vertical-align: top; border-bottom: 4px double rgb(0, 0, 0);">&#160;</td>
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          <td style="width: 12.85%; vertical-align: middle; border-bottom: 4px double rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">271,246.3</div>
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          <td style="vertical-align: top; border-bottom: 4px double rgb(0, 0, 0);" colspan="2">&#160;</td>
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          <td style="width: 61.09%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
          <td style="width: 13.67%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 4.05%; vertical-align: top;">&#160;</td>
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          <td style="width: 18pt; vertical-align: top; font-size: 8pt;">(1)</td>
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            <div style="font-size: 8pt;">Televisa&#8217;s audited consolidated financial statements are subject to approval by the Stockholders of the Company in the Annual Stockholders Meeting to be held on April 28, 2021.</div>
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">14</font></div>
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    <div style="text-align: center; font-size: 8pt; font-weight: bold;">GRUPO TELEVISA, S.A.B.</div>
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          <td style="width: 34.62%; vertical-align: top;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 12.11%; vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 7.41%; vertical-align: top;" colspan="4">&#160;</td>
          <td style="width: 1.38%; vertical-align: top;">&#160;</td>
          <td style="width: 1.32%; vertical-align: top;">&#160;</td>
          <td style="width: 11.98%; vertical-align: top;" colspan="7">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 34.62%; vertical-align: top;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 3.8%; vertical-align: top;">&#160;</td>
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          <td style="width: 0.9%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 34.62%; vertical-align: top;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 3.8%; vertical-align: top;">&#160;</td>
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          <td style="width: 0.93%; vertical-align: top;">&#160;</td>
          <td style="width: 2.35%; vertical-align: top;">&#160;</td>
          <td style="width: 2.14%; vertical-align: top;">&#160;</td>
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          <td style="width: 0.93%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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          <td style="width: 34.62%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3.8%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <td style="width: 0.93%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 2.35%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.14%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <td style="width: 0.93%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <td style="width: 0.32%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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          <td style="width: 34.62%; vertical-align: top;">&#160;</td>
          <td style="width: 0.78%; vertical-align: top;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 3.8%; vertical-align: top;">&#160;</td>
          <td style="width: 8.31%; vertical-align: top;">&#160;</td>
          <td style="width: 0.93%; vertical-align: top;">&#160;</td>
          <td style="width: 2.35%; vertical-align: top;">&#160;</td>
          <td style="width: 2.14%; vertical-align: top;">&#160;</td>
          <td style="width: 10.9%; vertical-align: top;" colspan="4">&#160;</td>
          <td style="width: 0.93%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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          <td style="width: 0.78%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top;">&#160;</td>
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          <td style="width: 3.8%; vertical-align: bottom;">
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          <td style="width: 8.31%; vertical-align: bottom;">
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          <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
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          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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          <td style="width: 0.78%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 3.8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 8.31%; vertical-align: bottom;">
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          <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.35%; vertical-align: bottom;">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom;">&#160;</td>
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          <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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          <td style="width: 34.62%; vertical-align: bottom;">
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          </td>
          <td style="width: 0.78%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 3.8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 8.31%; vertical-align: bottom;">
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          <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.35%; vertical-align: bottom;">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom;">&#160;</td>
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          <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 34.62%; vertical-align: bottom; padding-bottom: 2px;">
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          </td>
          <td style="width: 0.78%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3.8%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 8.31%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
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          <td style="width: 0.93%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 2.35%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 10.9%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" colspan="4">
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          <td style="width: 0.93%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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          <td style="width: 0.78%; vertical-align: top;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 3.8%; vertical-align: middle;">&#160;</td>
          <td style="width: 8.31%; vertical-align: middle;">
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          <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.35%; vertical-align: top;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
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          <td style="width: 0.93%; vertical-align: middle;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <tr>
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          </td>
          <td style="width: 0.78%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3.8%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 8.31%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
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          <td style="width: 0.93%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
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          <td style="width: 2.35%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 10.9%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);" colspan="4">
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          <td style="width: 0.93%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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          </td>
          <td style="width: 0.78%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3.8%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 8.31%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
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          <td style="width: 0.93%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 2.35%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 10.9%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);" colspan="4">
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          <td style="width: 0.93%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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        <tr>
          <td style="width: 34.62%; vertical-align: bottom;">
            <div style="font-size: 8pt;">Finance expense</div>
          </td>
          <td style="width: 0.78%; vertical-align: top;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 3.8%; vertical-align: middle;">&#160;</td>
          <td style="width: 8.31%; vertical-align: middle;">
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          <td style="width: 0.93%; vertical-align: middle;">
            <div style="font-size: 8pt;">)<br>
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          <td style="width: 2.35%; vertical-align: top;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
          <td style="width: 10.9%; vertical-align: middle;" colspan="4">
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          <td style="width: 0.93%; vertical-align: middle;">
            <div style="font-size: 8pt;">)</div>
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          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 34.62%; vertical-align: bottom; padding-bottom: 2px;">
            <div style="font-size: 8pt;">Finance income</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3.8%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 8.31%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
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          <td style="width: 0.93%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 2.35%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 10.9%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);" colspan="4">
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          <td style="width: 0.93%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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          <td style="width: 34.62%; vertical-align: bottom; padding-bottom: 2px;">
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          </td>
          <td style="width: 0.78%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3.8%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 8.31%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: right; font-size: 8pt;">(4,021.6</div>
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          <td style="width: 0.93%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="font-size: 8pt;">)</div>
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          <td style="width: 2.35%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 10.9%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);" colspan="4">
            <div style="text-align: right; font-size: 8pt;">(8,707.6</div>
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          <td style="width: 0.93%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="font-size: 8pt;">)</div>
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          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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        <tr>
          <td style="width: 34.62%; vertical-align: bottom; padding-bottom: 2px;">
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          <td style="width: 0.78%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3.8%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 8.31%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
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          <td style="width: 0.93%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 2.35%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.14%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 10.9%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" colspan="4">
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          <td style="width: 0.93%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="font-size: 8pt;">)</div>
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          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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          <td style="width: 34.62%; vertical-align: bottom;">
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          <td style="width: 0.78%; vertical-align: top;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 3.8%; vertical-align: middle;">&#160;</td>
          <td style="width: 8.31%; vertical-align: middle;">
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          <td style="width: 0.93%; vertical-align: middle;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 2.35%; vertical-align: top;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
          <td style="width: 10.9%; vertical-align: middle;" colspan="4">
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          <td style="width: 0.93%; vertical-align: middle;">
            <div style="font-size: 8pt;">)</div>
          </td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 0.32%; vertical-align: top;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 34.62%; vertical-align: bottom; padding-bottom: 2px;">
            <div style="font-size: 8pt;">Income tax benefit</div>
          </td>
          <td style="width: 0.78%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3.8%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 8.31%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
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          <td style="width: 0.93%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          <td style="width: 2.35%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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          <td style="width: 0.32%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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          <td style="width: 0.9%; vertical-align: top; padding-bottom: 4px;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top; padding-bottom: 4px;">&#160;</td>
          <td style="width: 2.02%; vertical-align: top; padding-bottom: 4px;">&#160;</td>
          <td style="width: 0.2%; vertical-align: top; padding-bottom: 4px;">&#160;</td>
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          <td style="width: 0.78%; vertical-align: top;">&#160;</td>
          <td style="width: 28.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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          <td style="width: 8.31%; vertical-align: middle;">&#160;</td>
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          <td style="width: 0.32%; vertical-align: top;">&#160;</td>
          <td style="width: 0.9%; vertical-align: top;">&#160;</td>
          <td style="width: 0.8%; vertical-align: top;">&#160;</td>
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          <td style="width: 0.32%; vertical-align: top; padding-bottom: 4px;">&#160;</td>
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    <div style="margin-top: 12pt; margin-bottom: 10pt; font-family: 'Times New Roman';">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
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            <div style="font-family: 'Times New Roman';">Dated: April 26, 2021</div>
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            <div style="font-family: 'Times New Roman';">Luis Alejandro Bustos Olivares</div>
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            <div style="font-family: 'Times New Roman';">Title:</div>
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            <div style="font-family: 'Times New Roman';">&#160;</div>
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            <div style="font-family: 'Times New Roman';">Legal Vice President and General Counsel</div>
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