Ï㽶´«Ã½

Ï㽶´«Ã½ owns interests in a broad range of media, entertainment and sports businesses. Those interests are attributed to two tracking stock groups: the Ï㽶´«Ã½ Live Group and the Formula One Group.

• The Ï㽶´«Ã½ Formula One common stock and the Ï㽶´«Ã½ Live common stock are intended to track and reflect the economic performance of the businesses, assets and liabilities attributed to the Formula Group and the Ï㽶´«Ã½ Live Group, respectively.
• Series A common stock has one vote per share, Series B common stock has ten votes per share and Series C common stock is non-voting stock (subject to certain exceptions in the case of Series C common stock).
• Series B common stock is exchangeable at any time by the holder on a one-for-one basis for Series A common stock. Series A and Series C common stock are not exchangeable at any time by the holder of such stock.

• The Series A and Series C Ï㽶´«Ã½ Formula One common stock trade on the Nasdaq Global Select Market under the stock symbols FWONA and FWONK, respectively. The Series B Ï㽶´«Ã½ Formula One common stock is quoted on the OTC Markets under the symbol FWONB.
• The Series A and Series C Ï㽶´«Ã½ Live common stock trade on the Nasdaq Global Select Market under the stock symbols LLYVA and LLYVK, respectively. The Series B Ï㽶´«Ã½ Live common stock is quoted on the OTC Markets under the symbol LLYVB.

On September 9, 2024, Ï㽶´«Ã½ Media competed the transaction with Sirius XM whereby the Ï㽶´«Ã½ SiriusXM tracking stock group was separated by means of a redemptive split-off into a separate company. This company was subsequently combined with Sirius XM Holdings Inc. to create a new public company that continues to operate under the Sirius XM name and brand (NASDAQ: SIRI). As a result, Ï㽶´«Ã½ SiriusXM is no longer a tracking stock group of Ï㽶´«Ã½ Media.

No additional action needs to be taken by shareholders. As part of the transaction, Ï㽶´«Ã½ SiriusXM shareholders received [0.83] shares of the new Sirius XM common stock (NASDAQ: SIRI) for each outstanding share of Ï㽶´«Ã½ SiriusXM common stock previously held, with cash paid in lieu of fractional shares. If you have further questions, please call Broadridge, Ï㽶´«Ã½â€™s transfer agent at (888) 789-8415.

The split-off and reclassification were structured not to be taxable to Ï㽶´«Ã½ shareholders; additional information on tax implications can be found in the filed S-4 here.

• The split-off and reclassification were structured not to be taxable to Ï㽶´«Ã½ shareholders; additional information on tax implications can be found in the filed S-4 here.

• No additional action needs to be taken by shareholders. In the reclassification, each outstanding share of Ï㽶´«Ã½ SiriusXM common stock was reclassified into one share of the corresponding series of new Ï㽶´«Ã½ SiriusXM common stock and 0.2500 of a share of the corresponding series of Ï㽶´«Ã½ Live common stock, and each outstanding share of Ï㽶´«Ã½ Formula One common stock was reclassified into one share of the corresponding series of new Ï㽶´«Ã½ Formula One common stock and 0.0428 of a share of the corresponding series of Ï㽶´«Ã½ Live common stock. If you have further questions, please call Broadridge, Ï㽶´«Ã½â€™s transfer agent at (888) 789-8415.

• Ï㽶´«Ã½ Media completed the split-off of Atlanta Braves Holdings, Inc. on July 18, 2023. As a result, Ï㽶´«Ã½ Media and Atlanta Braves Holdings are separate publicly traded companies. Atlanta Braves Holdings consists of the assets and liabilities previously attributed to the Braves Group tracking stock of Ï㽶´«Ã½ Media, including the Atlanta Braves baseball club and the associated mixed-use development project, The Battery Atlanta. Atlanta Braves Holdings, Inc. stock trades under the same tickers as the previous Braves Group tracking stock (NASDAQ: BATRA, BATRK; OTC: BATRB).

Each holder of the then-Ï㽶´«Ã½ Series A common stock received 0.25 of a share of Ï㽶´«Ã½ Interactive Series A common stock and 0.05 of a share of Ï㽶´«Ã½ Capital Series A common stock for each share of old Ï㽶´«Ã½ Series A common stock held; and each holder of the then-Ï㽶´«Ã½ Series B common stock received 0.25 of a share of Ï㽶´«Ã½ Interactive Series B common stock and 0.05 of a share of Ï㽶´«Ã½ Capital Series B common stock for each share of old Ï㽶´«Ã½ Series B common stock held.

With the reclassification of Ï㽶´«Ã½ Capital in March 2008, each holder of Ï㽶´«Ã½ Capital group Series A common stock received 4 shares of Ï㽶´«Ã½ Entertainment Series A common stock and maintained existing holdings of Ï㽶´«Ã½ Capital group Series A common stock.

Each holder of Ï㽶´«Ã½ Capital group Series B common stock received 4 shares of Ï㽶´«Ã½ Entertainment Series B common stock and maintained existing holdings of Ï㽶´«Ã½ Capital group Series B common stock.

Shares of Ï㽶´«Ã½ Interactive were not affected by the reclassification of the Ï㽶´«Ã½ Capital common stock.

Each holder of Ï㽶´«Ã½ Interactive Corporation's Ï㽶´«Ã½ Capital Series A common stock received 1 share of Ï㽶´«Ã½ Media's Ï㽶´«Ã½ Capital Series A common stock.

Each holder of Ï㽶´«Ã½ Interactive Corporation's Ï㽶´«Ã½ Capital Series B common stock received 1 share of Ï㽶´«Ã½ Media's Ï㽶´«Ã½ Capital Series B common stock.

Each holder of Ï㽶´«Ã½ Interactive Corporation's Ï㽶´«Ã½ Starz Series A common stock received 1 share of Ï㽶´«Ã½ Media's Ï㽶´«Ã½ Starz Series A common stock.

Each holder of Ï㽶´«Ã½ Interactive Corporation's Ï㽶´«Ã½ Starz Series B common stock received 1 share of Ï㽶´«Ã½ Media's Ï㽶´«Ã½ Starz Series B common stock.

On November 28, 2011, Ï㽶´«Ã½ Media eliminated its tracking stock structure by converting each share of its Ï㽶´«Ã½ Starz common stock into 0.88129 of a share of the corresponding series of Ï㽶´«Ã½ Capital common stock. In connection with that transaction, Ï㽶´«Ã½ Capital common stock began trading under the new Nasdaq symbols of LMCA and LMCB beginning on November 29, 2011. The ticker symbols LCAPA and LCAPB are no longer used.

On November 28, 2011, Ï㽶´«Ã½ Media eliminated its tracking stock structure by converting each share of its Ï㽶´«Ã½ Starz common stock into 0.88129 of a share of the corresponding series of Ï㽶´«Ã½ Capital common stock. In connection with that transaction, Ï㽶´«Ã½ Capital common stock began trading under the new Nasdaq symbols of LMCA and LMCB beginning on November 29, 2011. Investors can no longer purchase LSTZA and LSTZB shares.

Ï㽶´«Ã½ Media has no direct stock purchase plan. You can purchase Ï㽶´«Ã½ Formula One common stock or Ï㽶´«Ã½ Live common stock through a broker.

On May 9, 2006, shares of the entity formerly known as Ï㽶´«Ã½ were exchanged for shares of the Ï㽶´«Ã½ Interactive and Ï㽶´«Ã½ Capital tracking stocks and the old Ï㽶´«Ã½ Series A and Series B shares, which traded under the L and LMC.B ticker symbols, ceased trading. Investors can no longer purchase L or LMC.B shares.

On March 3, 2008, holders of Ï㽶´«Ã½ Capital tracking stock were issued shares of Ï㽶´«Ã½ Entertainment tracking stock.

On November 20, 2009, holders of Ï㽶´«Ã½ Entertainment tracking stock were issued shares of DIRECTV and Ï㽶´«Ã½ Starz tracking stock. Ï㽶´«Ã½ Entertainment Series A and Series B shares, which traded under the LMDIA and LMDIB ticker symbols, ceased trading.

On September 23, 2011, Ï㽶´«Ã½ Interactive Corporation redeemed all of the shares of its Ï㽶´«Ã½ Capital common stock in exchange for shares of Ï㽶´«Ã½ Media's Ï㽶´«Ã½ Capital common stock, and redeemed all of the shares of its Ï㽶´«Ã½ Starz common stock for shares of Ï㽶´«Ã½ Media's Ï㽶´«Ã½ Starz common stock.

Following these redemptions, Ï㽶´«Ã½ Media, which previously existed as a subsidiary of Ï㽶´«Ã½ Interactive Corporation, was split-off from Ï㽶´«Ã½ Interactive Corporation. The redemptions and split-off had no effect on the holders of Ï㽶´«Ã½ Interactive common stock. Ï㽶´«Ã½ Interactive Corporation (now known as Qurate Retail, Inc.) and Ï㽶´«Ã½ Media are now two separate publicly traded companies and are not affiliated with each other.

On November 28, 2011, Ï㽶´«Ã½ Media eliminated its tracking stock structure by converting each share of its Ï㽶´«Ã½ Starz common stock into 0.88129 of a share of the corresponding series of Ï㽶´«Ã½ Capital common stock. In connection with that transaction, Ï㽶´«Ã½ Capital common stock began trading under the new Nasdaq symbols of LMCA and LMCB beginning on November 29, 2011.

On January 11, 2013, Ï㽶´«Ã½ (formerly known as Ï㽶´«Ã½ Spinco, Inc.) was spun-off from Starz (formerly known as Ï㽶´«Ã½). The spin-off was accomplished by the distribution by Starz of a dividend of one share of Ï㽶´«Ã½â€™s Series A common stock for each outstanding share of Starz’s Series A Ï㽶´«Ã½ Capital common stock, and one share of Ï㽶´«Ã½â€™s Series B common stock for each outstanding share of Starz’s Series B Ï㽶´«Ã½ Capital common stock held as of January 10, 2013. The Ï㽶´«Ã½ Media common stock continued to trade under the Nasdaq symbols of LMCA and LMCB.

In April 2016, Ï㽶´«Ã½ Media reclassified its common stock into three tracking stocks and each holder of Ï㽶´«Ã½â€™s former Series A, Series B and Series C common stock received 1 share of the corresponding series of Ï㽶´«Ã½ SiriusXM common stock (tickers LSXMA/LSXMB/LSXMK), 0.1 of a share of the corresponding series of Ï㽶´«Ã½ Braves common stock (tickers BATRA/BATRB/BATRK) and 0.25 of a share of the corresponding series of Ï㽶´«Ã½ Media common stock (tickers LMCA/LMCB/LMCK).

In January 2017, Ï㽶´«Ã½ Media changed the name of its Ï㽶´«Ã½ Media common stock to Ï㽶´«Ã½ Formula One common stock (tickers FWONA/FWONB/FWONK) in connection with Ï㽶´«Ã½ Media’s acquisition of the Formula 1 business.

In July 2023, Ï㽶´«Ã½ Media completed the split-off of Atlanta Braves Holdings, Inc. As a result, Ï㽶´«Ã½ Media and Atlanta Braves Holdings, Inc. are separate publicly traded companies.

In August 2023, Ï㽶´«Ã½ Media reclassified its existing Ï㽶´«Ã½ SiriusXM common stock and Ï㽶´«Ã½ Formula One common stock into three new tracking stocks: Ï㽶´«Ã½ SiriusXM Group (tickers LSXMA/LSXMB/LSXMK), Ï㽶´«Ã½ Formula One Group (tickers FWONA, FWONB, FWONK) and Ï㽶´«Ã½ Live Group (ticker LLYVA, LLYVB, LLYVK).

In September 2024, Ï㽶´«Ã½ Media competed a transaction with Sirius XM whereby the Ï㽶´«Ã½ SiriusXM tracking stock group was separated by means of a redemptive split-off into a separate company. This company was subsequently combined with Sirius XM Holdings Inc. to create a new public company that continues to operate under the Sirius XM name and brand (NASDAQ: SIRI). As a result, Ï㽶´«Ã½ SiriusXM is no longer a tracking stock group of Ï㽶´«Ã½ Media.

The 2008 reclassification and issuance of the Ï㽶´«Ã½ Interactive, Ï㽶´«Ã½ Entertainment and Ï㽶´«Ã½ Capital tracking stocks was structured not to be taxable to shareholders.

In November 20, 2009, shares of Ï㽶´«Ã½ Entertainment were exchanged for shares of DIRECTV and the Ï㽶´«Ã½ Starz tracking stock and the old Ï㽶´«Ã½ Entertainment Series A and Series B shares ceased trading. Investors can no longer purchase LMDIA or LMDIB shares.

The split-off of Ï㽶´«Ã½ Entertainment, Inc. and business combination with DIRECTV was structured not to be taxable to Ï㽶´«Ã½ shareholders.

The September 23, 2011 split-off of Ï㽶´«Ã½ Capital and Ï㽶´«Ã½ Starz from Ï㽶´«Ã½ Interactive was structured to not be taxable to Ï㽶´«Ã½ Capital, Ï㽶´«Ã½ Starz and Ï㽶´«Ã½ Interactive shareholders.

As a shareholder of record of Ï㽶´«Ã½, you should have received a letter of transmittal to submit with your shares. If you did not receive this document or have misplaced this document, please call Broadridge, Ï㽶´«Ã½â€™s transfer agent at (888) 789-8415 and a customer service representative will be able to assist you.

Ï㽶´«Ã½ has not paid a cash dividend on any class of its stock in the past and does not currently intend to pay cash dividends on any class of its stock.

Yes. Webcasts of meetings can be found on the IR Calendar page under the Investor Relations section of this website.

Ï㽶´«Ã½ Media will report within 40 days after the end of the first, second and third quarters and within 60 days after year-end.

Ï㽶´«Ã½ Media financial statements can be found on our web site under the Investor Relations section or at .

To contact the Company's transfer agent, Broadridge, please go to the Contact section or you can call them directly at (888) 789-8415.

For more information on calculating your cost basis (tax basis) please visit the page of this Web site.

We can add your name to one of our distribution lists, via our Contact Us page, you can view the Press Release section of this Web site or you can visit our Event Calendar pages on this Web site.

Ï㽶´«Ã½, Atlanta Braves Holdings, Inc., Qurate Retail, Inc., Ï㽶´«Ã½ Broadband Corporation, Ï㽶´«Ã½ TripAdvisor Holdings, Inc., Starz, Ï㽶´«Ã½ Global plc and Ï㽶´«Ã½ Latin America Ltd. are separate public companies.

Shares of Discovery Holding Company and Ï㽶´«Ã½ Global were not affected by the 2008 issuance of the Ï㽶´«Ã½ Interactive, Ï㽶´«Ã½ Entertainment group and Ï㽶´«Ã½ Capital tracking stocks.

You can contact us via e-mail at investor@libertymedia.com.

Holders of Series A and Series B common stock as of 5:00 p.m. E.D.T. time on July 7, 2014, the record date for the dividend, received a dividend of two shares of Series C common stock for each share of Series A or Series B common stock held by them as of the record date. To determine your basis allocation, .

In the spin-off, record holders of Ï㽶´«Ã½â€™s Series A, Series B and Series C common stock received one-fourth of a share of the corresponding series of Ï㽶´«Ã½ Broadband Corporation’s common stock for every whole share of Ï㽶´«Ã½'s common stock, with cash in lieu of fractional shares.

Immediately following the spin-off, Ï㽶´«Ã½ Broadband Corporation (NASDAQ: LBRDA/B/K) was comprised of among other things, its (i) interest in Charter Communications, Inc., (ii) subsidiary TruePosition, Inc., (iii) minority equity investment in Time Warner Cable Inc., (iv) certain deferred tax liabilities, as well as liabilities related to the Time Warner Cable Inc. call option and (v) net debt of $300 million.

The businesses and assets attributed to the Ï㽶´«Ã½ Live Group consist of Ï㽶´«Ã½ Media’s interest in Live Nation and other minority investments.

The Formula One Group consists of its subsidiaries Formula 1^®, MotoGP™, Quint and other minority investments.

With the reclassification of Ï㽶´«Ã½ in April 2016, each holder of Ï㽶´«Ã½â€™s former Series A, Series B and Series C common stock received:

• 1 share of the corresponding series of Ï㽶´«Ã½ SiriusXM common stock
• 0.1 of a share of the corresponding series of Braves common stock
• 0.25 of a share of the corresponding series of Ï㽶´«Ã½ Media common stock

Following the reclassification in April 2016 described above, the LMCA/LMCB/LMCK ticker symbols were changed to represent the new Ï㽶´«Ã½ Media common stock which tracked the Ï㽶´«Ã½ Media Group. Following Ï㽶´«Ã½ Media’s acquisition of Formula 1 in January 2017, the Ï㽶´«Ã½ Media Group was renamed the Formula One Group and the tickers were changed from LMCA/LMCB/LMCK to FWONA/FWONB/FWONK.

The Formula 1 acquisition was not taxable to stockholders of Ï㽶´«Ã½ Media for U.S. income tax purposes. The name change to the Formula One Group was not taxable for U.S. income tax purposes.