PRESS RELEASE |

Decisions of the ECA General Assembly

The Euroleague Commercial Assets Shareholders met on Friday, July 8, 2022, and made the following decisions:

1.Reviewing and approving the list of participating teams in the 2022-2023 Turkish Airlines EuroLeague and 7DAYS EuroCup competitions.

2.To modify the EuroLeague competition bylaws with the addition of a new article that regulates the consequences of the application of article 151 (‘Unforeseen circumstances’), more specifically the limitation of the impact on Licensed Clubs’ rights and their participation in governing bodies.

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.