Fox Corporation Class B Common Stock Disposition by Reporting Persons

Fox Corporation has filed a Schedule 13D to report the disposition of beneficial ownership of Class B Common Stock by the Reporting Persons, including MFT SH Family Trust, EM 2025 Family Trust, and MacLeod Family Discretionary Trust. The Reporting Persons have sold all of their beneficial ownership of the Shares, resulting in an exit filing. The transactions include an underwritten offering of 16,835,016 Class B Shares for approximately $900 million and a series of transactions resulting in LGC Holdco LLC acquiring 9,498 Class A Shares and 34,268,895 Class B Shares for approximately $1,990 million. As a result, the Reporting Persons no longer hold any interest in Fox Corporation. The filing includes details of the transactions, the purpose of the transactions, and the signatures of the trustees of the Reporting Persons.