News Corporation Stock Repurchase Program Update

News Corporation has provided an update on its stock repurchase program, which has an authorization of up to $1 billion for Class A and Class B common stock. The company is required to disclose daily transactions made under this program to the Australian Securities Exchange (ASX). The filings attached include information provided to the ASX regarding these repurchases. The company has stated its intent to repurchase shares from time to time, subject to market conditions and other factors. The disclosed information contains forward-looking statements regarding the repurchase program. As of the reporting date, the company has purchased approximately $262,754,984 worth of shares under the 2025 Repurchase Program. The stated reason for the buy-back is to enhance shareholder value.