News Corp Valuation Overview
STARBOARD VALUEⓇ
News Corp
2023 Active-Passive Investor Summit
October 2023
This presentation is for discussion and general informational purposes only. Under no circumstances is this presentation to be used or considered as an offer to sell or a solicitation of an offer to buy any security. This presentation should not be construed
as legal, tax, investment, financial or any other category of advice. The views expressed herein represent the opinions of Starboard, and are based on publicly available information with respect to News Corporation. Certain financial information and data
used herein have been derived or obtained from public filings, including filings made by the company with the securities and exchange commission ("SEC"), and other sources.View entire presentation