Gannett Sets Date for Special Meeting of Shareholders to Vote on Merger Agreement with New Media

Gannett Co., Inc. (NYSE: GCI) (“Gannett”) today announced that it has scheduled a special meeting of its shareholders to consider and vote on a proposal to adopt the previously announced definitive agreement with New Media Investment Group Inc. (“New Media”), dated August 5, 2019, pursuant to which New Media will acquire Gannett for a combination of cash and stock (the “Merger”).

The special meeting will be held at 10:00 a.m., local time, on November 14, 2019 at the Gannett headquarters, 7950 Jones Branch Drive, McLean, VA, 22107. The Board of Directors of Gannett set September 26, 2019 as the record date for its special meeting.

On September 26, 2019, Gannett disclosed that the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, relating to the consummation of the Merger expired on September 25, 2019.

The Merger is expected to close by the end of 2019, subject to the satisfaction of customary closing conditions, including receipt of regulatory clearance by the European Commission and approval by the shareholders of each company.

About Gannett

Gannett Co., Inc. (NYSE: GCI) is an innovative, digitally focused media and marketing solutions company committed to strengthening communities across its network. With an unmatched local-to-national reach, Gannett touches the lives of more than 125 million people monthly with its Pulitzer-Prize winning content, consumer experiences and benefits, and advertiser products and services. Gannett brands include USA TODAY NETWORK with the iconic USA TODAY and more than 100 local media brands, digital marketing services companies ReachLocal, WordStream and SweetIQ, and U.K. media company Newsquest. To connect with Gannett, visit www.gannett.com.

No Offer or Solicitation

This communication is neither an offer to sell, nor a solicitation of an offer to buy, any securities in any jurisdiction pursuant to or in connection with the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.