Comcast Results Presentation Deck

Free Cash Flow and Capital Allocation Capital Allocation Priorities. 9 ● Maintaining a Strong Balance Sheet Investing Organically for Profitable Growth Returning Capital to Shareholders Balance Sheet Statistics Consolidated Net Leverage Consolidated Net Debt ($B) 2.8x $96.2 4Q19 2.9x $90.3 4Q20 Consolidated Capital* Consolidated capital: -9.2% to $3.5B in 4Q20; -6.4% to $11.6B in FY 2020 Return of Capital ● ● 2020: Paid $4.1B in dividends 2021: Raised dividend by $0.08 to $1.00 per share on an annualized basis, +9% y/y 13th consecutive annual increase Dividends per share (split-adjusted): $0.125 $0.135 08 09 $0.189 $0.23 10 11 $0.33 12 *Capital reflects Capital expenditures plus Cash paid for capitalized software and other intangibles as presented in our Trending Schedules See Notes on Slide 13 $0.39 13 $0.45 14 $0.50 15 $0.55 $0.63 16 17 $0.76 Free Cash Flow Generation: $1.7 Billion in 4Q20; $13.3 Billion in FY 2020 18 $0.84 19 $0.92 20 $1.00 21

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