Comcast Results Presentation Deck

NBCUniversal 1st Quarter 2021 Overview Revenue y/y% Adj. EBITDA y/y% Revenue $7,729 6 1Q20 $1,689 (9.1%) 1Q20 $7,024 Adjusted EBITDA ($M) 1Q21 (11.8%) $1,490 ($M) 1Q21 ($M) Media Studios Theme Parks All percentages represent year/year growth rates. See Notes on Slide 11 $5,036 +3.2% $2,396 (0.6%) $619 (33.1%) $1,473 (3.7%) $497 +65.7% ($61) (170.9%) Commentary ● ● ● ● ● ● Distribution revenue +9.1%, reflecting higher rates following several carriage renewals at the end of 2020, partially offset by subscriber declines Advertising revenue -3.4%, reflecting lower entertainment ratings and tough political comps, partially offset by higher sports volume, strength in news, and the addition of Peacock Adj. EBITDA declined 3.7% when including Peacock; Adj. EBITDA +10% ex-Peacock Theatrical revenue -87.7% impacted by the deferral of theatrical releases due to COVID-19 Content licensing revenue +14.1%, primarily due to licensing deals, including The Office, which became exclusively available for streaming on Peacock in January 2021 Adj. EBITDA reflects lower expenses resulting from significantly fewer theatrical releases in 1Q21 Results reflect the impact of our parks in Orlando and Osaka operating at limited capacity during the quarter, the closure of Universal Studios Hollywood during the quarter, and ~$100M of pre-opening costs for our upcoming park in Beijing Adj. EBITDA was breakeven for the second consecutive quarter excluding Beijing pre-opening costs

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