PRESS RELEASE |

Decisions of the ECA General Assembly

The Euroleague Commercial Assets Shareholders, meeting on Tuesday, July 4, 2023, has taken the following decisions:

o Confirmed the nominations of the Euroleague Basketball President (Mr. Dejan Bodiroga) and CEO (Mr. Paulius Motiejunas)

o Approved the 2023-24 competitions bylaws.

o Approved the proposed lists of 2023-24 Turkish Airlines EuroLeague and EuroCup participating teams, as well as the extension of the suspension from Russian Federation teams from Euroleague Basketball competitions for the 2023-24 season.

o Approved the 2023-24 Turkish Airlines EuroLeague and EuroCup competition format and calendar proposals.

o Approved the 2022-23 financial report, and the 2023-24 clubs' economic distribution criteria.

Additionally, ECA Shareholders received a report from the recently appointed Senior Director of Officiating, Daniel Hierrezuelo, on the core principles to be applied and the mid-term goals to improve officiating quality within Euroleague Basketball competitions.

Euroleague Basketball (EB) is a global leader in the sports and entertainment business, devoted to running the top European competitions of professional basketball clubs under a unique and innovative organizational model. Owned and administered by some of the most successful and historic clubs in the world, EB manages the continent’s two premier men’s basketball competitions, the Turkish Airlines EuroLeague and the 7DAYS EuroCup, as well as the sport’s premier under-18 showcase, the EB Adidas Next Generation Tournament.

The EB competitions bring the elite of European basketball to all five continents and to the entire sports community through the OTT platform EuroLeague TV. EB also organizes a series of community and educational activities, led by the One Team program, in alignment with the United Nations Agenda 2030 Sustainable Development Goals. On the academic side, the EB Sports Business MBA trains future professionals in sports management.