Investor Presentaiton

Management consistently highlighted Dow Jones' undervaluation Dow Jones Investor Day Slide - 21 September 2020 A highly undervalued part of a highly undervalued company News Corp closed at $15.64 on the last trading day before the Dow Jones Investor Day. The S&P 500 was 3,319. On Friday (14 October 2022) News Corp closed at $15.60. The S&P 500 was 3,583 IRENIC Note: 14 October 2022 was the date the 8-Ks were filed disclosing the formation of the Special Committee PAGE 45

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