UFC W Investor Presentation

ENDEAVOR INVESTOR PRESENTATION APRIL 2023 Scaled and Diverse Revenue Mix with Strong Cash Flow Generation and a Healthy Balance Sheet OSP FY2022 Revenue Total: $5.3B¹ $1,332 25% $M; % of Total O Representation 15% FY2022 Adj. EBITDA² Total: $1.2B $M; % of Total $1,512 29% $648 44% $2,452 46% Events, Experiences and Rights OSP FY2019 FY2022 Revenue Growth O Balance Sheet Net Leverage³ $470 32% 4.8x 3.8x $344 24% Representation Events, Experiences and Rights 2021 22% FY2022 Adj. EBITDA Margin 59% FY2019-FY2022 Adj. EBITDA Growth $4.5B 12/31/2022 Net Debt 2022 Source: As of 12/31/2022 Notes: Endeavor historical financials. 123 1. Includes $28M of eliminations 2. 3. Adjusted EBITDA, Adjusted EBITDA margin and Net Leverage are non-GAAP financial measures. For reconciliations to the closest applicable GAAP measures, please see appendix. $1.2B Adj. EBITDA includes $297M of corporate expenses, Adj. EBITDA chart mix does not include corporate expenses. Based on LTM Adj. EBITDA 12/31/2021 and 12/31/2022 PG. 13

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