1st Quarter 2024 Business and Subsequent Highlights

FINANCIAL RESULTS Strategic Revenues Leading to Continued Growth Perspective Strategic vs Cash Flow Revenues Revenues per Division $323.9 $324.8 $306.7 $282.6 $247.9 49% 49% $128.7 $128.5 61% 58% 69% $152.3 $123.5 $97.8 $195.2 $196.3 51% 51% $154.5 $150.0 $159.1 39% 42% 31% FY20 FY21 (Covid-19) FY22 (Covid-19) FY23 FY24 LTM FY20 FY21 (Covid-19) FY22 FY23 FY24 LTM (Covid-19) ■ Stategic revenues (1) Cash flow revenues (CPS, Radio) Consumers & Businesses revenues Radio revenues All in CAD$ millions. Note 1: "Strategic revenues" include digital streaming & apps, FAST channels, Stingray Advertising, other digital sales & commercial revenues. STINGRAY 19

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