UFC W Investor Presentation

ENDEAVOR INVESTOR PRESENTATION APRIL 2023 Transaction Rationale NewCo is a pure-play IP ownership company operating in some of the most attractive parts of the fast-growing global sports and entertainment ecosystem UFC and WWE are two complementary, iconic companies with leading brands in their respective categories Opportunity to own two global sports and entertainment leaders in a single company Endeavor flywheel creates multiple additional avenues for future growth Endeavor has shown a track record of value creation across UFC and other strategic acquisitions and built a deep history and trusted partnership with WWE over the past two decades Highly attractive financial profile including expected double-digit revenue growth opportunity, high Adjusted EBITDA margins and free cash flow generation at scale Note: Revenue growth figures based on FY2019 - FY2022 CAGR. Adj. EBITDA margin based on FY2022 PG. 4

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