Sinclair (SBGI) investor relations material

Opening remarks and agenda

• The meeting was called to order at 10:00 A.M. on June 4, 2026, with notice and proxy statements distributed to all shareholders of record as of March 16, 2026.

• Stockholders were encouraged to vote by proxy due to capacity limits and remote participation restrictions.

• The meeting followed established rules of conduct, with no shareholder proposals or presentations submitted.

Board and executive committee updates

• Attendance included all directors, executive officers, and the Inspector of Elections.

Financial performance review

• 2025 was described as a strong year, with disciplined execution, improved liquidity, extended debt maturities, and portfolio optimization.

• Broadcast television maintained dominance in live reach, with 48 of the top 50 most-watched telecasts in 2025.

• Sinclair won 246 regional and national news awards in 2025, including 17 national awards, 32 regional Edward R. Murrow Awards, and 55 regional Emmys.

• Ventures portfolio generated over $100 million in cash distributions in 2025, including asset sales.

• Tennis Channel achieved record viewership and revenue growth; EdgeBeam Wireless onboarded its first revenue customer.

• 2025 revenue and EBITDA were down compared to 2024 due to the absence of a presidential election, but are expected to rebound in 2026.

• The company currently operates 181 stations in 81 markets, with recent acquisitions in Tulsa and Providence.