Comcast Results Presentation Deck

Sky 1st Quarter 2020 Overview 8 Customer Relationships 23.7 +4% 1Q19 Revenue $4,797 1Q19 24.0 +4% 2Q19 (3.7%) $4,517 1Q20 23.9 +2% 3Q19 $663 1Q19 24.0 All percentages represent year/year constant currency growth rates. See Notes on Slide 12 +2% 4Q19 23.9 +1% ($M) Adjusted EBITDA ($M) 1Q20 (15.3%) $551 (M) 1Q20 Commentary ● Customer relationships: +0.9% to 23.9M Includes net losses of -65K in 1Q20 reflecting sports event postponements and the suspension of certain sales channels due to COVID-19 - Revenue: -3.7% to $4,517M Direct-to-Consumer -1.9% to $3,679M: lower ARPU due to COVID-19, which has resulted in lower sports subscription revenues, partially offset by an increase in customers y/y - Advertising -11.6% to $513M: reflects overall market weakness, which was worsened by COVID-19, and the continued unfavorable impact of a legislation change related to gambling advertising Content -10.5% to $325M: deferral of wholesale revenue from sports programming as a result of sports event postponements due to COVID-19 Adjusted EBITDA -15.3% to $551M Lower revenue partially offset by lower operating costs; reflects impact of sports event postponements due to COVID-19

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