UFC W Investor Presentation

W UFC INVESTOR PRESENTATION APRIL 2023 Key Financials Attractive combined financial profile and healthy balance sheet, prior to expected net operating synergies and revenue opportunities $2.4B Revenue (FY2022) 10% Revenue Growth (FY2019 - FY2022 CAGR) $1.OB Adj. EBITDA¹ (FY2022) 61% FCF3 Conversion4 (FY2022) 70%+ Contracted Revenue² (FY2022) 20% Adj. EBITDA¹ Growth (FY2019 - FY2022 CAGR) 42% Adj. EBITDA Margin¹ (FY2022) Note: Figures as of FY2022. For a reconciliation of Non-GAAP financial measures to the closest applicable GAAP measure, please see the appendix Adjusted EBITDA and Adjusted EBITDA margin are Non-GAAP financial measures. 12345 Contracted revenue percentage represents the portion of total 2022 revenue made up of fixed fee contracts primarily consisting of media rights, sponsorship, consumer products and site fees Free Cash Flow is a Non-GAAP financial measure. FCF defined as cash provided by operating activities less cash used for capital expenditures. FCF conversion is a Non-GAAP financial measure. FCF Conversion defined as FCF/ Adj. EBITDA. Net leverage is a Non-GAAP financial measure. Net leverage based on LTM Adj. EBITDA 12/31/2022. WWE's cash include cash and cash equivalents and short-term investments, net. WWE's debt includes finance and mortgage leases. 2.5x Net Leverage5 (FY2022) PG.25

View entire presentation