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SPANISH BROADCASTING SYSTEM FINALISTS FOR EIGHT “MEDALLAS DE CORTEZ” AWARDS BY RADIO INK MAGAZINE

󴡲ѰSBSRADIO TALENTS ALBERTO “TERRY” CORTEZ, WILLIAM FRANCO “FRANCO EL MAS FRANCO”, AND EXECUTIVES ELISA TORRES FROM AIRE RADIO NETWORKS, ELENA JOVEL, ARTURO SOSA FROM THE PROGRAMMING DEPARTMENT, PATTY VALDES FROMSBSMIAMI ARE ALSO AMONG THE TOP FINALISTS

SBSEXECUTIVES ALBERT RODRIGUEZ, JESUS SALAS AND CAROLINA PATINO WILL PARTICIPATE AS PANELISTS AT THE RADIO INKSEPTEMBER 22-23, 2021, IN MIAMI, FLORIDA

Miami, FL. (August 9, 2021) —SpanishBroadcastingSystem,Inc. (the “Company” or “SBS“) (OTC: SBSAA), the nation’s largest Hispanic-owned and targeted media and entertainment entity, was once again honored with multiple nominations in diverse categories for excellence and leadership in the radio industry at the 2021 “Medallas de Cortez” Awards by Radio Ink Magazine and sponsored by vCreative. Overall,SBSRadio platforms were represented with eight finalists across seven categories, which recognize outstanding achievements and leadership in the Hispanic radio marketplace.

“On behalf of the entireSBSRadio family, we are honored to receive these prestigious nominations,” said Albert Rodriguez, President, COO ofSBS. “It’s the hard work and commitment of our people, as well as our dedicated listeners nationwide, that makes this job as fun and fulfilling as it is. We are grateful to receive these nominations and proud to be included among other Hispanic radio industry leaders. These nominations belong to theSBSRadio team, who consistently demonstrates its passion and commitment to radio and our audiences nationwide.”

The “Medallas de Cortez” Awards, created by Radio Ink, is the only awards dedicated to celebrating the very best in Hispanic radio and honors industry leaders in station management, sales, programming, and advertising. They were named after Raoul Cortez, a pioneer in the Hispanic radio industry.

Radio Ink Publisher Deborah Parenti said, “The Medallas de Cortez awards represent a celebration of Hispanic radio and its dedicated professionals. Every one of them, in large markets and small communities, make Hispanic radio an intimate part of the lives of listeners and clients. This is the biggest year ever in terms of awards competition. While there can be only one winner in each category, we are extremely proud to recognize all the finalists, who are truly worthy of our respect and admiration.”

SBSfinalists for the 2021 “Medallas de Cortez” Awards are:

• Marketer of the Year: Elisa Torres- Aire Radio Networks

• Local Personality of the Year: William Franco “Franco el mas Franco”- WXDJ-FM EL ZOL 106.7FM, Miami-Ft. Lauderdale

• Syndicated/National Personality of the Year: Alberto “Terry” Cortez- Aire Radio Networks,SBSRadio West Coast FM-Stations Los Angeles, Chicago, San Francisco.

• Program Director of the Year: Elena Jovel, KRZZ-FM 93.3FM La Raza, San Francisco, Bay Area, San Jose, CA

• Program Director of the Year: Arturo Sosa, WSKQ-FM Mega 97.9FM and WPAT-FM Amor 93.1FM, New York, NY

• DOS/Sales Manager of the Year: Patty Valdes,SBSMiami: WCMQ-FM Z92.3FM, WXDJ-FM EL ZOL 106.7FM, WRMA-FM Ritmo 95.7FM “Cubaton y Mas”, Miami-Ft. Lauderdale

• Station of the Year: WCMQ-FM Z92.3FM- Miami, Ft. Lauderdale

• Station of the Year: WSKQ-FM Mega 97.9FM- New York, NY

Winners will be announced at the “Medallas de Cortez” ceremony, as part of the Hispanic Radio Conference, September 22-23 in the Intercontinental Hotel at Doral, Florida.SBSis a proud sponsor of the 2021 Hispanic Radio Conference.

In addition to honoring the winners in each of these categories, this year’s presentation will be part of a festive ceremony beginning with a musical tribute by BMI recording artist Elston Torres to Emilio Estefan, who will receive the Medallas Distinguished Leadership award. A gala cocktail reception will immediately follow the awards.

SPEAKERS FROMSBS:

Albert Rodriguez, President, COOSBS

Jesus Salas, EVP/ProgrammingSBS

Carolina Patino, General Sales Manager,SBSMiami

For conference agenda and full details, visit. To register online, visit.

ABOUTSPANISHBROADCASTINGSYSTEM,INC.

SpanishBroadcastingSystem,Inc. is a leading Hispanic media company that owns and operates radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco, and Puerto Rico, airing theSpanishTropical, Regional Mexican,SpanishAdult Contemporary, Top 40, and Latin Rhythmic format genres.SBSalso operates AIRE Radio Networks, a national radio platform which creates, distributes and markets leadingSpanish-language content to over 300+ affiliated stations reaching 95% of the U.S. Hispanic audience and MegaTV, a network television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico. In addition,SBSproduces live concerts and events and publishes multiple bilingual websites, including LaMusica, an online destination and mobile app providing streaming content related to Latin music, entertainment, news, and culture for today’s U.S. Hispanic consumer. For more information, visit us online atwww.spanishbroadcasting.com.

SBSContacts:

Press & Media

Vladimir Gomez

VP Corporate Communications

vgomez@sbscorporate.com

(786) 470-1644

Media ContactSBSExternal Agency:

Marlene Maseda

Fusion 4 Media

Marlene@fusion4media.com