• Mr. Kyle Sandilands and related companies have filed legal proceedings against ARN Media Ltd and its subsidiary CBC
• Claim alleges termination of Mr. Sandilands' contract was invalid with no serious misconduct or breach
• Applicants seek specific performance of contracts, payment of amounts due, and damages

ARN Media Limited [ASX: A1N] has announced that Mr. Kyle Sandilands and his related companies have commenced legal proceedings against ARN Media Ltd and Commonwealth Broadcasting Corporation Pty Ltd (CBC), a subsidiary of ARN which is the licence holder for KIIS 1065 Sydney and contracted with Mr. Sandilands and his services company. The proceedings have been filed in the Federal Court, with unsealed copies of the Court documents served on CBC on 20 March 2026 after market close. In summary, the applicants claim the termination of Mr. Sandilands' contract was invalid on the basis they allege that there was no act of serious misconduct or breach of contract, and that the termination was unconscionable under the Australian Consumer Law. The applicants seek an order for specific performance of two contracts, payment of whatever amounts are due and payable under the contracts at the time of judgment, and damages. ARN disputes the claims and intends to defend the proceedings. Given the early stage of the matter, ARN is unable to reliably estimate the outcome or any potential financial impact.