Comcast Results Presentation Deck

Sky 4th Quarter 2020 Overview 8 Customer Relationships 24.0 +2% 4Q 19 Revenue $5,040 4Q 19 23.9 +1% 1Q20 (0.9%) $5,205 4Q20 23.7 (1%) 2Q20 (1%) 23.7 $765 4Q 19 3Q20 All percentages represent year/year constant currency growth rates. See Notes on Slide 13 23.9 0% ($M) Adjusted EBITDA ($M) 4Q20 (82.3%) (M) $139 4Q20 Commentary ● ● Customer relationships: ~flat y/y at 23.9M Added 244K in 4Q20, with net additions across all markets - Revenue: -0.9% to $5.2B Direct-to-Consumer -2.8% to $4.1B: driven by lower ARPU reflecting lower hospitality revenue from pubs and clubs due to COVID-19 Content +10.4% to $426M: reflects monetization of original programming Advertising +3.9% to $702M: outperformed a challenged market, driven by strong performance in the U.K. - Adjusted EBITDA: -82.3% to $139M Higher programming & production expenses were impacted by the shift of sports into 4Q due to COVID-19, higher investments in entertainment programming and costs related to new Sky channels - - Higher marketing costs to promote strategic initiatives like Sky Q, growth in our mobile product in the U.K and broadband in Italy

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