Hemisphere Media Group Reports Will Adjourn Annual Meeting Of Shareholders

Hemisphere Media Group, Inc. (NASDAQ:HMTV) (the "Company") today announced that the Company's 2022 Annual Meeting of Stockholders (the "Annual Meeting") scheduled for Thursday, May 12, 2022 at 9:00 a.m. Eastern Time, will be convened and adjourned to a later date without any business being conducted. This temporary delay is due to the fact that a number of the Company's  senior management team and directors were informed earlier this week that they have been exposed to the COVID-19 virus. For the health and safety of others, those Company representatives have commenced a standard two week quarantine, and the Company has determined that it is in the best interests of our stockholders to delay the Annual Meeting until our full management team and certain members of the board of directors are able to attend and engage fully with our stockholders at the Annual Meeting.  The Annual Meeting will be reconvened at 9:00 a.m. Eastern Time on Tuesday, May 31, 2022 at the Four Seasons Hotel, 1435 Brickell Avenue, 6th floor (Bal Harbour Room), Miami, FL, 33131.

During the current adjournment, the Company continues to solicit votes from its stockholders with respect to the proposals set forth in the Company's definitive proxy statement filed with the United States Securities and Exchange Commission (the "SEC") on April 1, 2022 (the "Proxy Statement").

Only stockholders of record as of the record date, March 23, 2022, are entitled to and are being requested to vote. At the time the Annual Meeting was adjourned, proxies had been submitted by stockholders representing approximately 97% of the shares of the Company's common stock outstanding and entitled to vote at the Annual Meeting. Proxies previously submitted in respect of the Annual Meeting will be voted at the adjourned Annual Meeting unless properly revoked, and stockholders who have previously submitted a proxy or otherwise voted need not take any action.

The Company encourages all stockholders of record on March 23, 2022, who have not yet voted, to do so by May 30, 2022. Stockholders who have any questions or require any assistance with completing a proxy or voting instruction form or who do not have the required materials may contact the Company's Investor Relations Department at (917) 444-6325, or via e-mail at [email protected].