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Investor Presentaiton

Launch of News Nation, WGN America's Primetime National Newscast NewsNation draws on the local, regional, and national expertise of Nexstar's 5,500 journalists in local newsrooms across the country NEWSNATION NSNAT COMING SEPTEMBER 1 WGN AMERICA s a s ■ NXST launched its primetime national newscast, NewsNation, on Sept. 1, 2020 ■ WGN America was rebranded as NewsNation and expanded its programming on March 1, 2021 ■ NewsNation airs daily, in primetime from 6 p.m. to 11 p.m. ET and reaches ~75 million television households across the country ■ The broadcast delivers news reporting that is fact-based, impactful, and unbiased ■ NewsNation's team of reporters and producers also delivers news twenty-four hours a day online through News Nation's mobile app, NewsNation Now ■ NewsNation's anchor teams and correspondents feature award-winning journalists ■ Excluding one-time capital expenditures of ~$20 million, the ongoing operations of NewsNation will be cost-neutral as it replaces existing syndicated programming on WGN America ■ News Nation creates another opportunity for monetization and revenue diversification 7
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