FOX CORPORATION Special Meeting of Stockholders - LEVI STRAUSS & CO

Explicit Guidance:

• None. The transcript is a procedural record of a stockholder vote and does not contain forward-looking financial guidance regarding revenue, earnings, margins, capital expenditures, or other financial metrics.

Business-Segment Outlook:

• None. The transcript references the proposed combination of Fox's live sports and news content with Roku's streaming distribution but provides no specific outlook on segment performance, backlog, or pipeline growth.

Market and Competitive Outlook:

• None. There is no discussion of demand trends, pricing power, supply constraints, or market share shifts beyond the general characterization of Roku as a "leading streaming distribution and technology platform."

Macro / Industry Outlook:

• None. No commentary is provided regarding the broader economy, interest rates, foreign exchange, regulation, or tariffs.

Strategic Initiatives:

• Acquisition of Roku, Inc.: Approval was granted on October 14, 2026, for the issuance of Class A common stock to facilitate the acquisition of Roku, Inc., based on an Agreement and Plan of Merger dated June 14, 2026.
• Strategic Rationale: The transaction aims to pair Fox's "high-impact live sports and news content" with Roku's technology platform.
• Timing: The transaction was the subject of a special meeting on October 14, 2026, following the filing of a joint proxy statement on September 1, 2026. Final financial impact details are not quantified in this transcript.

Risks and Headwinds to Outlook:

• None identified. The transcript mentions a mechanism to adjourn the meeting if sufficient votes were not obtained, but no commercial or operational risks to the deal are discussed.

Management Tone on the Future:

• Confidence: Executive Chair and CEO Lachlan Murdoch characterized the transaction as "transformative" and noted an "overwhelming majority" of votes for the stock issuance proposal, indicating strong stockholder support for the strategic direction.

Miscellaneous:

• Regulatory Filings: The primary source of information regarding the transaction's terms is the joint proxy statement and prospectus filed with the SEC on September 1, 2026.
• Event Date: The vote occurred on October 14, 2026.