Investor Presentaiton

Largest Local Affiliate Broadcast Group by U.S. TV Household Reach #1 local broadcast TV affiliate station group and one of the largest producers and distributors of local news, lifestyle, sports and network programming % of U.S. Television Households Reached, Inclusive of UHF Discount 38% 32% 25% 25% 25% 24% 21% 20% 39% FCC Cap on National TV Ownership¹ 13% 12% 6% 4% Nexstar TEGNA SBG FOX gray OCBS abc HEARST сох GH GRAHAM HOLDINGS MEDIA GROUP, INC. SINCLAIR BROADCAST GROUP NBC SCRIPPS meredith Company filings and SNL Kagan. Pro forma for all transactions announced to date. Includes both Nexstar-owned stations and stations to which Nexstar provides services pursuant to contractual agreements 4

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