FOX CORPORATION Special Meeting of Stockholders - LEVI STRAUSS & CO

Financial Performance:

• No traditional quarterly financial results (revenue, earnings, margins, cash flow) reported, as the call was a special stockholder meeting to vote on a merger, not a standard earnings report.
• The transaction involves issuing Class A common stock for the acquisition of Roku, Inc., the financial specifics of which are detailed in the joint proxy statement filed September 1, 2026.

Guidance and Future Outlook:

• The primary strategic outlook focuses on the transformative combination of Fox's live sports and news content with Roku's streaming distribution and technology platform.
• Long-term goals center on creating a unified entity that leverages Fox's content strengths and Roku's platform capabilities.

Business Segments and Product Lines:

• Key assets highlighted include Fox's high-impact live sports and news content.
• Key assets highlighted include Roku's leading streaming distribution and technology platform.

Market and Competitive Landscape:

• The acquisition aims to position the combined entity favorably in the streaming market by pairing premium content with dominant distribution technology.
• Specific market share data or competitive metrics were not disclosed in this meeting transcript.

Risks and Challenges:

• No specific operational or financial risks were detailed in this transcript; such risks are typically outlined in the referenced SEC proxy statement and prospectus.
• The meeting proceedings themselves highlight the procedural requirement for stockholder approval to execute the transaction.

Management Commentary and Tone:

• Executive Chair and CEO Lachlan Murdoch described the transaction as "transformative."
• The tone was procedural and formal, focusing on governance, voting mechanics, and the completion of the merger approval process.
• Management expressed appreciation to stockholders for returning proxies.

Analyst Questions and Answers:

• No analyst Q&A session occurred; this was a formal special meeting of stockholders to vote on merger proposals.
• Questions were limited to procedural inquiries regarding voting rights and proxy submission handled by the Inspector of Election.

Other Key Points:

• Date of meeting: October 14, 2026.
• Proposal 1 (Fox Stock Issuance): Approved by an "overwhelming majority" of eligible Class B common stockholders.
• Proposal 2 (Meeting Adjournment): Not required for approval due to the successful passage of Proposal 1.
• Final vote totals will be reported in a subsequent SEC filing after certification by the Inspector of Election.
• Reference document: Joint proxy statement and prospectus filed with the SEC on September 1, 2026.