News Corporation Stock Repurchase Program Update

News Corporation has provided an update on its stock repurchase program, as required by the Australian Securities Exchange (ASX). The company is authorized to repurchase up to an aggregate of $1 billion of its Class A and Class B common stock under the 2025 Repurchase Program. Daily disclosures are made to the ASX regarding these transactions. The filings include information on the number of shares repurchased and the total consideration paid. For Class A common stock, as of September 2, 2026, a total of 11,505,527 shares were repurchased before that day and 54,641 on that day, with a total consideration of $297,890,531.46 and $1,685,363.40 respectively. For Class B common stock, as of September 2, 2026, 5,376,751 shares were repurchased before that day and 23,784 on that day, with a total consideration of $157,919,293.80 and $820,997.52 respectively. The total amount repurchased to date is approximately $458,316,186. The stated reason for the buy-back is to enhance shareholder value. The company intends to continue repurchasing shares from time to time, subject to market conditions and other factors. Forward-looking statements included in these disclosures are based on current expectations and are subject to risks and uncertainties. News Corporation does not undertake to publicly update these statements except as required by law.