Report that summarizes the progress we’ve achieved in different social fields and it identifies the areas of opportunity we can continue working on.

1. 1

2. 2 GFR Media
GFR Media’s Profile
4. Ferré Rangel Group Media Branch
6. Our Role in Society
7. Brands and Services
8. Presence in Puerto Rico
10. Our Facilities
12. GFR Media’s Awards
The Government and a Corporate Commitment
13. GFR Media’s Organizational Structure
14. Open-Door Policy
15. Organizations We Support
16. Organizations We Belong to
Contribution
16. Our People
17. Benefits
Inclusion and Diversity
Collective Agreement
18. Human Rights
Freedom of Expression
Protecting Our Communities’ Voices
The Role of the Press
19. Environment
21. Community
Community Impact Projects
24. Education
25. Pro-Education Projects
26 About the Report.
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3. 3
We Believe in Our People
We live during important times that test our ca-
pabilities as individuals, as a company, and as
a country. To move forward we must believe in
ourselves and work hand in hand towards a sus-
tainable future.
As a media and information services company,
we recognize that sustainability is not merely
an environmental issue; it also covers important
sectors for citizens, like human rights, culture,
education, health, security, and government ma-
nagement.
Being in line with these subjects allows us to
offer an editorial coverage that impacts people’s
lives and creates products and services in tune
with our audiences’ changing needs. Internally,
it allows us to adjust the organizational model in
order to each day be more and more functional,
efficient, and economically viable.
At GFR Media, we also develop programs and su-
pport initiatives whose focus is promoting Puerto
Rico’s sustainability. We’ve spent more than 40
years contributing to the construction of a coun-
try that is increasingly more democratic, plural,
supportive, and just.
This report summarizes the progress we’ve
achieved in different fields and it identifies the
areas of opportunity we can continue working
on. Furthermore, it responds to our philosophy
of transparency and open communication
with our employees, suppliers, audiences, and
communities.
I invite you to read it.
Maria Eugenia Ferré Rangel
Chief Executive Officer
GFR Media

4. 4 GFR Media
GFR Media is focused on providing long term, au-
dience specific business solutions to its clients.
Consumer behavior intelligence is at the core of
GFR Media’s integrated and contextualized brands
and services, with innovative platforms such as
the data driven Audience Profile and BrandSha-
re. Allowing us to frame relevant experiences that
generate valuefor our readers, clients, suppliers,
partners and community stakeholders in and out-
side of Puerto Rico.
Our content is guided by a responsible and ob-
jective editorial philosophy. We are committed to
the defense of democratic principles, the diversi-
ty of ideas, freedom of the press, the exercise of
responsible journalism, and the protection of our
communities’ voice.
Through our main brands, we actively support
more than 250 programs for community empower-
ment in all Puerto Rico. The initiatives stretch from
our central education programs to environmental
conservation. We firmly believe in the possibilities
of a better community through empowerment, res-
ponsibility, and education. We honor our values in
everything we do.
GFR Media is the media branch for
Ferré Rangel Group, a multi business
Puerto Rican family company

5. 5

6. 6 GFR Media
GFR Media’s newspaper portfolio includes, El Nuevo Día, Primera Hora and Índi-
ce. El Nuevo Día is one of the largest Spanish-language newspapers in the Uni-
ted States and Puerto Rico’s number one newspaper in audited print circulation.
It is also the main global source of information about Puerto Rico in the web
with over 9.9 million monthly visits. Primera Hora is Puerto Rico’s second-largest
newspaper and Índice is its leading free newspaper platform.
Content platforms such as Magacín, MediaScoop, shop.pr, and Sal!, among
others, round the company’s targeted content products.
By producing pertinent content and providing proper context, we aim to help
users navigate the amplitude of life, enriching personal experiences that impro-
ve the life of individuals as contributors to a larger society.
We have a wide range of brands
that are specifically designed to satisfy
our audiences’ unique needs.

7. 7
Bumbia: It’s a video portal with con-
tent channels that range from gastronomy
and music, to infants and comedy. You will also
find movies, documentaries, and television
programs by independent producers.
N-punto: The magazine that is wri-
tten by youths, for youths. Hang outs, music,
art, sports, technology, universities, and local
talent.
Audience Profile: A servi-
ce that supplements integral communication
strategies. It’s a data base of more than 1.6
million people that lets our clients reach their
markets through multiple channels (email,
SMS, telemarketing, mail, online surveys)
Construction and house-
hold trends: The publication market
leader with the most up-to-date information
regarding the construction industry, new pro-
jects on sale, mortgage banking and real es-
tate industry offers and services on the Island.
GFR Media Supplements:
A department that specializes in the development of
multimedia commercial editorial content in Spanish
and English with a selection of niche publications.
BrandShare: A content marke-
ting service that offers brands and clients the
opportunity of being closer to their audiences.
Through the use of various tools, like writings,
photos, videos, and audio, unique content is
created for each brand.
El Nuevo Día:is the principal newspaper in Puer-
to Rico and the third newspaper in readership in the United
States. As the leader in audited distribution in Puerto Rico, it
reaches more readers than any other newspaper in the country.
Primera Hora: is the leading newspaper is-
land-wide, which has a main communication model that relies
upon light and concise writing, and a language that is simple
and easy to read.
Índice: is a marketing tool that has a free newspaper,
social networks, promotions, and radio directed towards the
consumer that is not used to paying for content and searches
for other means to find information.
OfertaDelDía: is the most intelligent way to
discover and explore. It offers great discounts in the best res-
taurants, hotels, spas, beauty salons, events, and much more.
ClasificadosPR: It’s the only classified adver-
tising service with three platforms: print, internet, and mobile.
It includes important categories like Vehicles, Real Estate, Job
Listings, (through an alliance with Monster), Products and Ser-
vices, among others.
SAL!: A culinary entertainment guide for Puerto Rico. It
presents the most complete and updated directory for restau-
rants in the country, organized according to the type of food,
location, price, and environment, among others.
Shop.pr: It’s a digital platform that includes Puerto
Ricans’ favorite coupon books, all in one place. It’s characte-
rized by its usefulness and simplicity when browsing, which
makes it possible for the user to save time and money.
Magacín: The most exclusive gallery for social
events and lifestyles, through a multichannel printed and web
platform.

8. GFR Media8 GFR Media
FACILITATES RESULTS
REACH AUDIENCE DIFFUSION
Undisputed leaders in reach and readership
MILLION
READERS1
MILLION
READERS5
OF READERS2
MILLION
OF UNIQUE
BROWSERS2
MILLION
OF LIKES4
THOUSAND
OF LIKES4
MILLION
OF UNIQUE
BROWSERS3
MILLION
OF LIKES4
THOUSAND
OF LIKES4
MILLION
READERS5
MILLION
OF UNIQUE
BROWSERS3
MILLION
OF LIKES4
THOUSAND
OF LIKES4
MILLION
READERS6
MILLION
OF UNIQUE
BROWSERS3
MILLION
OF LIKES4
THOUSAND
OF LIKES4
DIGITAL REACH
DIGITAL REACH
DIGITAL REACH
DIGITAL REACH

9. 9
Our company has been committed for
more than 40 years with the communi-
cations industry. Ever since 1970, when
we launched El Nuevo Día, we’ve been
expanding our products and services
in order to comply with our audiences’
needs and to be at the forefront of our
industry.
Currently, we are the most important
communication media outlet in Puerto
Rico. Through a multi platform offer, we
guarantee that our audiences are able
to access our content at any moment
and anywhere. The weekly readership
of our media exceeds 2.1 million and the
digital traffic of our news portals is of
more than 9.5 million unique browsers
every month. Our leading brands are
the fastest growing ones in tablets and
cellphones. In social media, our brands
have more than 5 million followers.
At GFR Media, each of our brands and
services has an audience and a defi-
ned purpose, and they work as a unit
in which each product and service adds
value to the other.
We work everyday to
keep Puerto Rico informed
on multiple platforms.
“40 years
committed to the
communications
industry”

10. GFR Media10 GFR Media
Investing in the future, seeking to obtain the most advanced
communication technology and platforms that our users
require, is part of our corporate legacy

11. 11
We are committed to continue innovating, by strategically
investing and advancing technologically to serve our global
audience and Puerto Rico.
Meet our Investment

12. GFR Media12 GFR Media
The acknowledgments we have received
validate our commitment for a more just,
responsible, and participatory society
As a socially responsible company, from the very beginning we’ve been deve-
loping and supporting multiple social impact projects. Our efforts have been
recognized by multiple local and international entities, that highlight the impor-
tance of the insertion of the private sector in the strengthening of our society’s
pillars.
The acknowledgments we have received
through the years are:
• Acknowledgment from the Chamber of Commerce as one of the
top 100 most outstanding companies in Puerto Rico. 2013
• Humanitarianism Award, presented by the American Red Cross
during its 94th Annual Assembly for the Puerto Rico Chapter.
2013
• Acknowledgment given by the Puerto Rico Muscular Dystrophy
Association (MDA) through the Nelsie Benero Service Medal. 2012
• An Acknowledgment presented by the Mexican Center for Philan-
thropy, CEMEFI, as an Exemplary Company in Latin America for
our initiatives in social business responsibility. 2008
• Best Practices E-Race US Equal Opportunity Employment 2007

13. 13
Our Senior Management members are outstanding professionals with a
holistic vision of social commitment. Our company guidelines are always
governed by solid principles and family values that highlight our commit-
ment with a better Puerto Rico.
Board of
Directors
María Eugenia
Ferré Rangel
Antonio Luis
Ferré Rangel
Luis Alberto
Ferré Rangel
Loren Ferré
Rangel
Carlos J.
Nido
Graciela
Eleta
Peter
Copeland
Luis Fernando
Santos
María Luisa
Ferré Rangel
Government and Corporate Commitment

14. 14 GFR Media
It’s important for us to have an open communication that
promotes the exchange of ideas and the active participation
of all our members
As the leading media company,
we understand the importance
of good communication in an
entity’s well-being. At GFR Me-
dia we have various initiatives
that promote internal commu-
nication within our company,
ensuring an active participation
from our members on all levels.
Through an inclusive metho-
dology we can listen to various
points of view regarding im-
portant business decisions. This
open-door focus is completely
tied to our commitment with the
defense of democratic princi-
ples, the diversity of ideas, and
the protection of our communi-
ties’ voice.

15. 15
We support organizations that are dedicated to the
well-being of the sectors of our society in need, since we
firmly believe that together we do so much more
Annually, we help and create partnerships with
over 200 nonprofit organizations that stand out
for their commitment with important fields like
childhood, education, the environment, health,
and arts. Our help is focused on strengthening the
reach that each of these organizations has through
the use of our main media in its various platforms.
Likewise, we contribute to the strengthening of
social programs for each organization, facilitating
partnerships with the private and public sectors.
We are certain that when efforts are combined
for a common social objective, the results are
exponential.
The main organizations we support are:
• Muscular Dystrophy Association
• Extra Bases Organization
• Luis Muñoz Marín Foundation
• American Cancer Society
• United Way of Puerto Rico
• “Fundación Agenda Ciudadana” (Citizens
Agenda Foundation)
• Center for Puerto Rico
• Culturarte
• Guayacán Group
• Ponce Museum of Art
• “Museo Arte Contemporáneo”
(Contemporary Art Museum)
• “La Gran Noche del Cine” (The Great
Cinema Night)
• Centers Sor Isolina Ferré
• “Congreso de Líderes de Puerto Rico”
(Puerto Rico Leaders’ Congress)
• Pro Arte Musical
• YMCA San Juan
• “Hospital del Niño” (Children’s Hospital)
• “Alianza por un Puerto Rico sin Drogas”
(Alliance for a Drug-Free Puerto Rico)
• Luis A. Ferré Foundation
• Foundation for Puerto Rico
• “Fundación del Cáncer Pediátrico” (CAP
Pediatric Cancer Foundation)
• “Museo de Arte de Puerto Rico” (Puerto
Rico Art Museum)
• Susan G. Komen Puerto Rico
• “Centro para el Desarrollo del
Voluntariado” (Volunteer Development
Center)
• Carlos Beltrán Academy
• Scuba Dogs Society
• Red Cross

16. 16 GFR Media
The organizations we belong to are:
16
• “Grupo de Diarios de América”
(America Diaries Group)
• Newspaper Association of America
• American Press Institute
• Puerto Rico Chamber of
Commerce
• Puerto Rico Industrial Association
• Chamber of Marketing, Industry
and Distribution of Food
• Association of Products Made in
Puerto Rico
• “Centro Unido de Detallistas”
(United Center for Retailers)
• Puerto Rico Sales and Marketing
Executives’ Association
• Association for Puerto Rico Public
Relations Professionals
• Puerto Rico Society of Certified
Public Accountants
• Puerto Rican Financial Analysts
Association
• Internet Society
Belonging to well-known entities and being
a part of cross-sectoral discussions is essential
for our country’s socioeconomic progress
Our executives actively participate and oc-
cupy leadership positions in the industry’s
main organizations in the United States and
all around the world. We firmly believe that
this participatory focus is the best way to
find solutions to the common challenges
that we face as an industry and as corporate
citizens.

17. 17
At GFR Media we work with more than 1,000
professionals who are committed to our
audiences and Puerto Rico
We understand the importance of a united
society in order to every day build a better
Puerto Rico. For this reason, at GFR Media we
share our values and family principles with all
our employees, to encourage unity and to all
together positively contribute to the country.
In this way, we can focus, not only in having
excellent professionals, but also prominent
citizens that contribute to the improvement
of our society.
Our employees are the most valuable resour-
ce we have. We constantly invest in their pro-
fessional development because we believe
in our people and in our ability to be better
each day. In addition, we aim towards the in-
tegration of new generations to our working
team and new focuses that allow us to settle
on a shared growth.
Contribution

18. 18 GFR Media
• Annual productivity bonuses for our ad-
ministrative employees.
• A 100% health plan coverage for our em-
ployees and their families.
• “Programa de Ayuda al Empleado” (Em-
ployee Help Program, PAE) 100% covered
by the company.
• A 50% match of the money that each of
our employees contribute to their 401K
retirement plan.
• Life insurance covered at 100% by the
company.
• Training programs in partnership with
the main educational institutions, works-
hops and seminars completely covered
by the company.
• Annual health workshops that promote a
healthy and balanced lifestyle.
• Discounts in summer camps for the chil-
dren and grandchildren of regular em-
ployees.
• 21 annual vacation days.
• Coverages and leaves for maternity,
disability, sickness, and family emergen-
cies.
Our benefits competitive program, that ensures a work
environment of excellence, includes the following:
Contribution
We are an employer with equal employment opportunity, we value
inclusion and diversity for we believe that they are important
factors for our business’s success
We try to ensure the integration of younger generations
Open-Door Policy
40% of our workforce is made up of women
An extensive work internship program
An environment of respect and freedom of worship
A good relationship with the United Steelworkers Union

19. 19
We protect the voice of our communities by continuously
reporting the situations that affect the citizens’ daily life.
We focus on deeply involving ourselves in the urgent de-
bates of our time and in being a facilitator for social agree-
ment. To change the coverage lens it is required to report
in an integral manner, place the citizen as the protagonist,
overcome the desire to cite the endpoints, and internalize
that journalism is responsible for social transformation and
should be oriented towards service and promoting solu-
tions.
To achieve this social transformation and ensure the pro-
tection of Human Rights, at GFR Media we have a unique
participatory focus that is centered on five specific tactics.
We are committed to protecting Human Rights,
since they are the pillars that guarantee a just,
plural, inclusive, and democratic society
Journalism
focused on service
and delivering
solutions
An integral focus:
a reality = several
realities
Incisive and
profound
questioning and
investigation
The citizen as a
protagonist, not a
victim
The press as
a social
transformer

20. 20 GFR Media
We take care of the environment,
since its preservation is elementary for
making the planet a better place
• Annually, we recycle around 7,500 tons of newspaper, alumi-
num boards, cardboard, and other elements that we use in
the process of manufacturing and printing.
• Our paper suppliers have Forest Stewardship Council certifi-
cates that ensure that they are self-supporting.
• We are installing 1512 solar panels of 330 Watts each, throu-
gh a 493 Kilowatts system that will provide 4% of our annual
consumption.
• Our main facilities have high efficiency air conditioners, na-
tural lighting, LED light bulbs, and energy saving fluorescent
lights.
• Since the beginning of our participation in the International
Coastal Cleanup, we’ve collected 19,620 pounds of trash.
The results of our environmental initiatives are:

21. 21
We recognize that the construction of a better Puerto
Rico does not solely rely upon the public sector. For this
reason, we’ve spent more than 40 years creating stra-
tegic partnerships with different sectors and entities in
the country to develop projects of community impact,
entrepreneurial leadership, professional development,
citizenship participation, and encouragement of the
arts. We are proud to dedicate our time and resources
in initiatives that throughout the years have contributed
to creating new opportunities for thousands of Puerto
Ricans all around the island. We will continue to contri-
bute to these social causes, for we are certain that they
are the correct path towards a more united, caring, and
thriving country.
As part of our commitment to
the community’s well-being, we
are an active entity within our
industry and we strongly support
the sectors in the country that
are most in need

22. 22 GFR Media
“Sueño de Navidad” (Christ-
mas Wish):
For 15 years, this project has ser-
ved as a link between families
with special needs and citizens,
companies, and organizations
that are eager to help those in
need. Every December we select
10 cases of families with special
needs, which are published in our
newspaper “El Nuevo Día” to cap-
ture the attention and hearts of
our readers. Annually, we receive
all kinds of donations, from mo-
ney to medical equipment, and
people who want to donate their
time to cover the special needs
each case requires.
Since we began “Sueño de Navi-
dad” in 1997, we’ve helped more
than 150 families and we’ve co-
llected more than $1 million do-
llars that have been completely
destined to improving the quali-
ty of life of those who need it the
most.
All-Star Radio Marathon:
Every year, our newspaper “Pri-
mera Hora”, in a partnership with
the radio network SBS and with
well-known public figures, carries
out a radio marathon for the be-
nefit of the Puerto Rico Children’s
Hospital. In combining radio, vi-
deo, social network, and printed
media platforms for 12 continuous
hours, people all around Puerto
Rico are summoned to aid the
Hospital’s young patients.
During the 2013 edition, $85,000
dollars were collected and des-
tined to the optimization of the
facilities where over 30 children
with chronic, severe, and perma-
nent health conditions reside per-
manently.
“Voluntariado Navideño”
(Christmas Volunteering):
During Christmas, at GFR Media
we’ve adopted a number of en-
tities that are dedicated to the
care of elderly people, homeless
young people, battered women,
and other people with special
needs. Our employees visit the
different entities and take pre-
sents and happiness with them
during this special period. This
volunteering program transcends
the Christmas holiday, since our
team adopts many of these insti-
tutions for the entire year and, in
this way, we constantly visit and
help them in whatever they need.
The projects and initiatives are:
Sueño de Navidad

23. 23
Visits from Organizations:
Each year we are visited by more
than 20 nonprofit organizations,
who we welcome into our facilities
for them to promote their social
projects inside GFR Media. This ini-
tiative also allows our employees to
meet and involve themselves with
social projects in the benefit of va-
rious sectors like childhood, health,
and education.
Participatory Democracy:
Complying with our social role and
in heeding the citizen’s call, at GFR
Media, along with other media in the
country, we’ve been able to support
the initiatives and achievements of
the “Fundación Agenda Ciudada-
na” (Citizen’s Agenda Foundation),
with the objective of strengthening
the participatory democracy. “Fun-
dación Agenda Ciudadana” is a
nonprofit organization that is duly
registered since February 2012,
and that began in 2007 as a Civic
Community Management Project
to gather the citizen’s voice and fe-
eling regarding six main subjects:
economy, health, education, the en-
vironment, family, and security, as
well as the delineation of the strate-
gies to cater to them.
Programs for
Self-Development:
We actively support Sor Isolina Fe-
rré Centers’ work to empower va-
rious communities that are in an
economic disadvantage all around
Puerto Rico. The Centers’ task is to
provide tools in vocational educa-
tion, self-esteem, and social busi-
ness as an alternative for self-im-
provement in communities in need.
These programs help eradicate
violence, drug consumption, early
pregnancies, and school dropouts,
among other social problems.
Projects that
Encourage the Arts:
In a partnership with the Ponce Mu-
seum of Art, we developed educa-
tional programs with the purpose of
promoting the enjoyment of Art and
the historic and cultural memory of
our society. The Ponce Museum of
Art was founded in 1959 by Sr. Luis
A. Ferré. Its encompassing and in-
ternationally recognized collection
has about 5,000 works of art that
date from the ninth century B.C., un-
til today. This Museum is a citizen
building center that enables dialo-
gue and collective participation, a
window to investigation, encoura-
gement for the inspiration of new
ideas, and a real space for the de-
mocratization of culture.
Radiomaratón All-Star: Voluntariado Navideño

24. 24 GFR Media
We recognize the importance of education as a leading pillar to achieve a more equal, su-
pportive, and healthy living Puerto Rico. Reinforcing our educational system and aspiring to
an education of excellence for all students is a commitment that we have with our youth and
future generations. We have an extensive educational program that promotes reading, that
recognizes outstanding students and provides educators teaching tools. We participate and
sponsor education forums all around Puerto Rico and we maintain partnerships with compa-
nies and entities that are pro-education.
For us, education is very important

25. 25
Our Educational Programs are:
“Premios El Nuevo Día Educador”
(El Nuevo Día Educator Awards):
It’s a project that for 12 years
has featured students that are
seniors in high school, whose
academic history, values, and
commitment in building a be-
tter country are demonstrated
through community service and
are an example of the firm and
paramount commitment in hel-
ping others. Thanks to multiple
partnerships with important
companies and academic enti-
ties in the country, the acknowle-
dged students obtain university
scholarships, economic help for
their studies, educational trips,
and public acknowledgment
through GFR Media.
“Alianza de Medios Por el Puerto Rico que Queremos” (Media
Partnership for the Puerto Rico that We Want): It’s an initiative
where the main mass media in Puerto Rico has joined forces to
send out a message on the importance and relevance of a long
term national education plan. This is a plan that is developed with
an extensive citizen participation in common agreement with the
diverse sectors of our society, with the hope of boosting social,
economic, and sustainable development in the country.
“Escuela de Comunicación Ferré Rangel” (Ferré Rangel Communi-
cation School): In June 2014, Sacred Heart University (USC) re-in-
augurated its communication department’s facilities, now named
Ferré Rangel Communication School. This award was given as an
appreciation for the extensive collaboration that, as a family and
company, we have had for more than 20 years with USC. Since
2009, we’ve worked hand in hand with the University with the pur-
pose of strengthening the teaching staff, facilitating the revision of
the Communication Department’s curriculum, and remodeling the
facilities. To accomplish it, we granted a $5 million donation throu-
ghout five years, out of which 50% has been destined to updating
the infrastructure and the other 50% is kept in a perpetual fund
whose performance is continuously invested in the Communica-
tion School.
“El Nuevo Día Educador” (El Nuevo Día Educator): An educational program in our newspaper “El
Nuevo Día”, that for more than 30 years has been encouraging the interest for reading and helping
to develop critical thinking in students all around Puerto Rico. Its objective is to develop educational
strategies, strengthening teaching-learning skills in the classroom, develop the citizen’s values, and
help in the formation of leaders in the community. As the only educational program in a newspaper,
it is recognized as a leader in the educational and business field, thus building an image of respect
and confidence.

26. 26 GFR Media
• This report covers the initiatives and pro-
jects that are within the framework of GFR
Media’s corporate social responsibility.
• It has been prepared by the Corporate Re-
lations Department of GFR Media, using as
a reference the Guide for the Preparation
of Sustainable Reports, version 3.1 of the
Global Reporting Initiative (GRI).
• If you have any questions or comments
or if you need any additional information
about any of the subjects that were pre-
sented, you may contact comunicate@
gfrmedia.com or call the Corporate Rela-
tions Department at 787-641-8000.
2. About the Report
gfrmediapr
gfrmedia
www.gfrmedia.com

27. 27