Comcast Results Presentation Deck

Cable Communications 2nd Quarter 2020 Overview Customer Relationships (M) Revenue Per CR* 30.9 Adjusted EBITDA 5 2Q 19 $5.9 $63.38 2Q 19 +4.1% 32.1 2Q20 +5.5% $6.2 +1.4% $64.28 2Q20 ($B) $14.5 2Q 19 Net Cash Flow $4.0 2Q19 (0.2%) $14.4 2Q20 +11.1% $4.4 2Q20 ($B) ($B) Commentary Customer relationships: +4.1% to 32.1M Total customer relationship net adds of 217K, best 2Q result on record Added 323K HSI customers (not including over 600K additional high-risk or free Internet Essentials customers that still receive our service), best 2Q result in 13 years Added 126K wireless lines, ending the quarter with 2.4M total lines ● ● Revenue: -0.2% to $14.4B; +1.4% excl. accrued customer RSN fee adjustments* Reported results were negatively impacted by COVID-19, including accrued customer RSN fee adjustments, reduced advertising revenue, impact of the FCC's Keep Americans Connected Pledge and our efforts to assist customers during the crisis HSI: +7.2% to $5.0B; +8.9% excl. accrued customer RSN fee adjustments** Wireless: +33.9% to $326M Business Services: +3.6% to $2.0B - ** Adjusted EBITDA: +5.5% to $6.2B; +1.4% per customer relationship Adj. EBITDA was not impacted by accrued RSN fee adjustments Programming expense -5.0%, +1.5% excl. accrued RSN fee adjustments** Non-programming expense -3.4% Adj. EBITDA margin improved 230bps y/y to 42.8%; +170bps excl. the impact of accrued RSN fee adjustments** Net Cash Flow: +11.1% to $4.4B Capital Expenditures -8.9% to $1.5B; represents 10.1% of Cable revenue, an improvement of 90bps y/y All percentages represent year/year growth rates, except Adjusted EBITDA margin and Capital Expenditures as a % of Revenue. * Represents average monthly results per customer relationship. ** Cable Communications reported results for 2Q20 include the impacts of accrued RSN related adjustments. Refer to Notes page for further details. See Notes on Slide 12

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