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16 Capital Expenditures Driven by growth in our MSO, Enterprise, and Sky businesses 1,800 CapEx U.S. millions 1,600 1,491 1,400 160 1,200 1,100-1,150 347 970 992 939 30 1,000 885 250 95 108 800 114 210 209 250 211 600 984 400 850 666 675 663 560 200 0 2016 2017 2018 2019 2020 2021 Guidance Cable Sky ■Content • • Capital Expenditures guidance is $1,100-$1,150 million dollars for 2021 (includes Content). The $200 million CapEx increase compared to 2020 is fully explained by the expansion of our footprint by 2 million homes passed in relevant markets

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