Nexstar's FCF and Capital Allocation slide image

Nexstar's FCF and Capital Allocation

NEWSNATION Business Politics Sports World Natond Ente Watch Live Broadcast LIVE TV LIVE EVERY WEEKNIGH 8-11 PM EST/5-8 PM PST Stocks are taking a big nose due to COVID-19 4:07:01 DJ NYA There are now over 1000 con and nine deaths from the viny ved Sunday • • 1 [NEWSNATION] America's Fastest-Growing Cable News Network Leveraging our core competency in news, we are building a profitable and differentiated national news network. News networks are the most watched cable networks Top 3 cable networks in 2022: #1 Fox News, #2 ESPN, #3 MSNBC (Source: Nielsen) NewsNation has comparable distribution to other cable news networks of Fox News, MSNBC and CNN and fills a hole in the cable news market for unbiased news NewsNation has been profitable from its launch Recent high-profile hires are accelerating ratings growth Expectation to transition to 24/5 news in 2023 and 24/7 news by 2024 NewsNation Serves the Independent Majority Percentage of generation identifying as independent (Gallup Poll, August 2022) 52% 52% 60% 50% 44% 40% 33% 26% 30% 20% 10% 0% Silent Generation Baby Boomers Generation X Millenials Generation Z First Class Programming NEWSNATION CABLE NEWS NETWORK Mitch Carr EARLY MORNING Adrianna Bankart MORNING IN AMERICA AMERICA'S FASTEST-GROWING Marni Hughes NEWSNATION LIVE Nichole Berás RUSH HOUR Leland Vittert ON BALANCE Chris Cuana CUOMO Multi-Platform Strategy YouTubeTV hulu fubo™ Dan Abrams DAN ABRAMS LIVE Ashleigh Banfield BANFIELD Natasha Zouv NN PRIME WEEKEND DIRECTV stream sling vidgo stream like a pro. NewsNation App Recognized by Watchdog Groups for Independent Content NewsGuard AllSides™ ad fontes media Rated NewsNation TV as "Most Reliable for News" with its political bias rated as "Middle or Balanced" (1/2023) Gave NewsNation a "Trust Score" of 100, the highest rating of any cable news network (1/2023) Rated NewsNation's online property as "Center" for media bias (9/2022) 14
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