Corporate Social Responsibility Report
2020

TABLE OF CONTENTS

A LETTER FROM OUR CHAIRMAN

5A LETTER FROM OUR CEO AND EXECUTIVE CHAIRMAN

7

OUR CORPORATE RESPONSIBILIT Y APPROACH

11

OUR COMMUNITIES16

OUR PEOPLE

43

OUR WORLD63

OUR PRACTICES73

OUR PROTECTIONS89

SASB APPENDIX93

A LETTER FROM OUR CHAIRMAN

FOX has returned to its roots as an innovative, bold
and agile company. During the changes that ourbrands and assets have experienced recently andacross the more than six decades since I began thisbusiness, the spirit of civic duty remains a constant.
Throughout our evolution and recent new beginning,
we have been anchored to a commitment to creating
opportunities – opportunities to unite people throughsports and entertainment, opportunities to informviewers of the events that most impact their lives,and opportunities to contribute to the communities
we serve.
Creating opportunities starts from within by treating
our employees with respect and equality andensuring our policies and processes are best in class.
With that cultural foundation of collaboration andcaring, we unite to give of our time, our expertise andour resources to impact those beyond our company.
Lachlan has ensured that these ideals are imbued
throughout FOX. Thanks to the legacy of our pastand the commitments of our present, FOX
will continue to shape a bright future for us all.

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A LETTER FROM OUR CEO ANDEXECUTIVE CHAIRMAN
We founded FOX in March 2019 with a commitment
to doing good and doing well for our viewers, ourpartners, our employees, our communities, and ourshareholders. We are driven by a desire to serve thesestakeholders, knowing that by doing so we also
advance our corporate objective to strengthen andgrow our business for many years to come.
When we began this fiscal year in July 2019, we could
not have imagined how important and essential
our ability to serve and assist our neighbors and ournation would become. The devastating COVID-19
pandemic poses a historic challenge, influencing
not only how we work and live, but how we contributeto the greater good. From our dedication to accurate
and timely news, to using our platforms and resources
to give back to our audiences, and support our
FOX Family, we have played an important role incovering the pandemic and caring for those impacted.
Our approach to corporate social responsibility
springs from the work we do as a media company.
Through FOX News, FOX Sports, FOX Entertainment
and FOX Television Stations, we are an integral partof the lives of the American people – we are where
they turn for breaking news, we are the live and event
television that connects them, we are the place they
trust for information and entertainment. We cherish
that privilege and will always seek to earn it.
We are practitioners of First Amendment activities
and defenders of the U.S. Constitution and its ruleof law. To retain the trust placed upon us, we always
conduct our business with the utmost integrity.

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This is not just an obligation; it is part ofour identity and the foundation of our success.
Integrity will always define the decisions we makeand the operations of our business.
As we conceived and developed the corporate social
responsibility vision that is described in this reportand – most importantly – embedded in the fabric of
our company, we aligned our philanthropic efforts
with our corporate mission through a platform we call
FOX Forward. We focus our efforts in the places where
we live and work, which given our presence across thecountry, allows us to positively impact many locations.
At the same time, FOX Forward is designed to havea deep impact with particular communities including
veterans and active duty military members,
underserved youth, and the creative community.
This inaugural corporate social responsibility
report finds us still amid the extraordinary
circumstances of COVID-19. While I am gratefulfor everything that our company and our team haveaccomplished, I also welcome the opportunity to do
more. And that is what we plan to do as we deepen
our civic connections, expand our philanthropic
partnerships, and engage further with our sharedcommunities. Thank you for your support as we
continue to do the work that matters so much to us
and to those touched by it.

9OUR CORPORATERESPONSIBILITY
APPROACH
We create value for our audiences, employees,
partners and shareholders by delivering unique andcompelling storytelling and the finest in news, sports
and entertainment. We approach corporate social
responsibility as another avenue through which
we can create value – value to our shareholders,
communities and to the neighbors and colleagues weserve; value by investing in our people, our reputation,and our brands; and value in knowing our actions help
others and seeing the impact of our philanthropy.
The unprecedented challenges of COVID-19 brought
forth an unprecedented response by FOX employees
who acted quickly, and often times selflessly, toprotect the health and well-being of our colleagues,
provide essential news, information and entertainment
to our viewers, celebrate the local heroes
and contribute to impacted communities in need.
Of the many millions of dollars raised, resources
donated, and philanthropic actions taken, the spiritof FOX’s corporate social responsibility is best
captured by our desire to assist our employees withadditional company-sponsored medical insurance
benefits and our meal preparation and donation
partnership with Los Angeles Mayor Eric Garcetti.
With our employees’ health and safety our foremost
priority, we provided them with several new benefits
in response to the spread of coronavirus.
11To ease the financial burden on our employees,
beginning in March 2020, we began covering 100%of the medical insurance premiums for all full-time
Company employees through the end of the year
and waived the telemedicine copay for full-time
employees. FOX took these industry-leading steps
to ensure our employees were supported during
this difficult time.
While most of FOX’s workforce worked remotely
and most of the operations at our Studio Lot in
Los Angeles shut down to protect the well-beingof our teams, we protected the livelihoods of ourfood services employees while assisting local
residents. In partnership with the Los Angeles
Mayor’s Office and the Los Angeles Department
on Disability, FOX food service workers prepared
10,000 meals weekly that were delivered to
Angelenos with disabilities from April through June.
This program not only provided vital meal assistanceto Angelenos in need, it also maintained employment
for dozens of members of our FOX family.
The program also proved extremely rewarding
for our employees, who felt a sense of purpose in
their work and took comfort in easing the struggle
for the recipients. Both initiatives underscorea core aspect of our corporate social responsibility
philosophy: taking care of our people andempowering our people to care for ourcommunities. This report provides a detailed
and comprehensive review of our philanthropic,
human capital, environmental, andgovernance programs and achievements.

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The Board of Directors plays an active role in developing our overall business and risk
management strategies, including issues relating to our corporate social responsibility.
In particular, the Nominating and Corporate Governance Committee of the Board
oversees the Company’s efforts on sustainability and corporate social responsibility.
The Audit Committee of the Board (1) oversees the Company’s policies and practices
with respect to risk assessment and risk management, including with respect to data
privacy and security, (2) oversees procedures to evaluate alleged violationsof the Standards of Business Conduct and (3) reviews with the Company’s counsel
and management any legal or regulatory matter that could have a significant impact
on the Company’s financial statements.
The Company’s management team executes, monitors and adjusts corporate
responsibility efforts consistent with our core values to best serve the interestsof the company and our stakeholders.
In addition to describing the commitments and investments that we believe are criticalto the long-term sustainability of our business and our positive impact on our communities,
this report also addresses the Sustainability Accounting Standards Board (SASB)
criteria that are relevant to many of our stakeholders. The Index at the end of this reportaligns our social, environmental, and governance activities with the SASB standards.
Unless otherwise stated, this report covers activities in Fiscal Year 2020
(July 1, 2019 – June 30, 2020).

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FISCAL YEAR 2020
CSR HIGHLIGHTSOUR PEOPLE

BEST PLACE TO WORKFOR LGBTQ EQUALITYOUR COMMUNITIES

Received a 100% score in the Human Rights Campaign Foundation’s 2020 Corporate
Equality Index (CEI) – our second year earning top marks.
The score gives FOX the distinction of “Best Places to Work for LGBTQ Equality.”

BACK
IN THE GAME

85,000pounds of foodLaunched a nationwide Holiday Campaign inNovember 2019 during which FOX employees
collected over 85,000 pounds of food for local
food banks and donated more than 260,000
toys to foster children and military families.

FOX Sports created and aired several
Public Service Announcements (PSAs)urging
viewers to work together to help limit the
spread of COVID-19. Featuring on-air sports
personalities, one PSA highlighted a gameplan to get everyone “back in the game.”

FOX Entertainment supported the real-life
heroes our programming portrays.
9-1-1: Lone Star donated to the National
Fallen Firefighters Foundation, which assists
the families of fallen fire heroes and works
to reduce firefighter deaths and injuries.
FOX News donated all proceeds from John Rich
and The Five’s song “Shut Up about Politics”
to Folds of Honor, which provides educational
scholarships to thechildren and spouses ofour fallen and disabled
service members.

100%

Each of our 29 FOX Television
Stations plays an integral rolein their cities and towns.
FOX 26 in Houston featured
a different child in foster careeach month to raise awarenessabout the incredible need for more loving foster
families to provide temporary care for children
or to adopt.

OUR PROTECTIONS
Committed to safeguarding information in its
possession against loss, theft, and unauthorizeduse, disclosure or modification.

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Disclosed Privacy Policies designed to provide
clarity and transparency.
Conducted mandatory companywide cybersecurity
compliance training.

Recognized by DiversityComm as a Top Employer
and as a Top LGBTQ+ Friendly Company in 2019.
Listed as a top employer by Black EOE Journal, HISPANIC Network Magazine,
Professional WOMAN’s Magazine, and U.S. Veterans Magazine.

TOP

Appointed to the Top Military Friendly® Employer list.

OUR WORLD

CARE
FOR
THE ENVIRONMENT

9.5 tons
Donated over 9.5 tons of unserved,
prepared food from the FOX Studio Lot
to local food banks and nonprofit
organizations.

Published our supplier management policy,
Doing Business with FOX, which includes
a commitment to comply with relevant
environmental laws and regulations and tocontinual improvement and pollution prevention.

OUR PRACTICES
Zealously guard and defend our journalists in theirsearch for the truth, believing so strongly in thesecore values that we have often come to the defenseof our competitors, recognizing that a free press
benefits all of us and requires the support of eachand every one of us.

FOX News became a partner in the Protect Press
Freedom campaign launched by the Committee
to Protect Journalists to create public awarenessabout threats to press freedom.

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OUR COMMUNITIESWe are dedicated to building a better future for the
FOX Family as well as the country, states, andcommunities we serve. Our FOX Forward initiative
addresses issues affecting neighborhoods acrossthe country, utilizing our resources and platforms
to support causes impacting our stakeholders andbringing attention to the voices of those in need.
Our thousands of employees, our stations and news
footprint around the United States, and our leading
entertainment and sports networks work in harmony
to touch millions of people in a way that improves
their lives, while creating value for both society andour business.

VOLUNTEERING FOR GOOD
The mission to serve is rooted in the DNA of ourcompany. Nowhere is that more evident than theengagement and involvement of our colleagues
who volunteer their time, share their talents, andcontribute to worthy causes through FOX Forward.
FOX Forward launched a nationwide Holiday
Campaign in November 2019 to provide support
to local communities and non-profit organizations.
In just two months, more than 2,000 FOX employees
improved the lives of 345,854 people in need acrossthe United States.
• FOX employees, representing all our business
units, participated in a food drive through Movefor Hunger that collected over 85,000 pounds
of food for local food banks.

16• Working with Ticket to Dream and Blue Star
Families, FOX donated over 260,000 toys, whichwere gifted to foster children and military families.
• In addition to more than 50 hands-on volunteer
activations across America, FOX employees
donated more than $200,000 to non-profit
organizations during the holiday season
through FOX Giving.

GIVING FOR GOOD
Our FOX Giving donation program matches
contributions (dollar for dollar) made by eligible
employees to verified non-profit organizations,
up to an annual per person amount.
The program inspires, encourages, and supports
employees to give back to their communities andsupport their personal passions. Through thisprogram, we support hundreds of tax-exempt
non-profit organizations and greatly increase theimpact of our employees’ charitable donations.
We have donated over $1 million this year, enabling
our employees to help a wide range of philanthropic
organizations.
FOX works with numerous charities throughmeaningful customized campaigns for FOX Giving,from supporting the American Cancer Society during
Breast Cancer Awareness Month, to supporting
communities impacted by natural disasters throughgrants to the California Relief Fund, to supporting
Hurricane Dorian relief efforts through donations
to the Americares Foundation.

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PARTNERSHIPS FOR GOOD
FOX is honored to partner with leading non-profit
organizations to assist proactively with importantcauses such as disaster relief, honoring the men andwomen who served in the military, and nurturing
the next generation of business entrepreneurs andleaders. Our long-standing partnerships rest on our
dedication to uplift by providing access to information,encouraging creativity, and highlighting stories
of courage, hope, and humanity.

AMERICAN RED CROSS
FOX sponsors the American Red Cross Annual
Disaster Giving Program. Our annual gift highlights ourcommitment to pre-invest in disaster relief, ensuring
the Red Cross can be ready to respond, day and night,
to natural disasters across the United States.
Our gift supports relief efforts for disasters that
capture the world’s attention, including COVID-19,
wildfires, hurricanes, and other emergencies
that deeply impact families and localities in needof shelter, hot meals, and emotional support.
“With the generous support of ADGP and Disaster
Responder members like Fox Corporation,
we’ve responded to disasters of all sizes.
From record-setting severe weather, flooding andtornadoes to home fires across the country, the
Red Cross is ready at any time to respond to disasters
with food, shelter, relief supplies and comfort.
No matter where the emergency occurs, or how
large the disaster is, their contributions ensure
we are immediately on the ground to help impacted
individuals and families.”– Gail McGovern, President and CEO,The American Red Cross.
In addition, we work closely with the American Red
Cross on opportunities for FOX’s employees to give
back, from hosting blood drives in both our New York
City and Los Angeles locations to on-site volunteering
at the Los Angeles Veterans Association Hospital.

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LATINO BUSINESS ACTION NETWORKOur multi-year, multi-million dollar investmentin the Latino Business Action Network andthe Stanford Latino Entrepreneurship Initiative
unleashes the economic earning potentialof Latino entrepreneurs by understanding andaddressing structural impediments to scaling
their businesses, and by identifying and analyzing
the opportunities and national economic implicationsof Latino business development.
AMERICAN CORPORATE PARTNERS
For 10 years, FOX (and its predecessor companies)
has participated in the American Corporate Partners
Veterans Mentorship Program. Through the Mentoring
Program, close to 500 of our employees have shared
their knowledge and expertise with a protégé during
the year-long mentorship. This program creates
networking opportunities and long-term careerdevelopment for servicemen and women transitioning
from military service to the civilian workforce.
WILDFIRE ASSISTANCE
With our West Coast headquarters in Los Angeles,
our employees were deeply affected by thedestructive California wildfires that plagued the statein late 2019. The Fox Corporation Assistance Grants
program provided much-needed assistance toemployees who were directly impacted by the fires.
And FOX employees both in California and aroundthe country were eager to help others in thecommunity impacted by the devastating wildfires.
This culture of concern was cultivated by ourdecision to double match employee contributions to
American Red Cross and California Fire Foundation.
FOX donated $2 for every $1 donated by employees.

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USO
FOX supports many veteran and armed services
philanthropies and has been a long-time supporterof the USO. In 2019, FOX employees volunteered
with the USO’s Operation That’s My Ride event tobuild bicycles for the children of service members
during New York’s annual Fleet Week, gifting bicycles
to the children of visiting Naval, Marine and Coast
Guard members. In December, our employees
gathered again for a special holiday gift bike build
for the children of NYC area service members.

THE PALEY CENTER
FOX (and it’s predecessor companies) has supported
The Paley Center, the nation’s premier nonprofit
dedicated to educating the public on the importanceand social impact of media, for more than 20 years.
FOX partners with Paley to celebrate diversity
in entertainment throughout our businesses andthe media industry.
THE INDEPENDENCE FUND
FOX also partners with The Independence Fund,a group committed to empowering our nation’s
catastrophically wounded, injured, or ill veteransto overcome physical, mental, and emotional
wounds incurred in the line of duty.
FOX supports the group through on-air coverageand donations, and in 2019, FOX donated five
all-terrain wheelchairs to injured veterans.
“We are thankful for our FOX family and theirpartnership over the years. From the incredibleanchors, producers, and team members
who filled Walter Reed National Military
Medical Center with such love as my husband
spent many months being treated for lifechanging injuries, to the generous contributions
from Fox Corporation and their employees forour mobility program, to the national and local
coverage of our initiatives, we are able to bridge
the gap of unmet needs for Veterans.”- Sarah Verardo, CEO& Board Member,
The Independence Fund

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FOX FORWARD IN ACTION
COVID-19
Our swift companywide dedication to helping those
impacted by the COVID-19 pandemic continues
today and will be an ongoing philanthropic priority.
FOX mobilized all its resources and reachto immediately support our colleagues, boost
awareness of the ways to reduce the spread andimpact of the virus, and raise funds for thebrave heroes on the front line of the fight to stopcoronavirus and the millions of Americans impacted.
In addition to quickly transitioning to a remote work
policy for all employees whose job functions enabled
them to do so, FOX led the industry with the benefits
it provided its workforce. Beginning in March,
FOX began covering for six months 100% of
employee-paid medical insurance premiums
for full-time employees enrolled in FOX-sponsoredplans and waived their copay for telemedicine.
The Company also covered six months of any
employee-paid portion of medical insurance
premiums for our full-time staff union employees
who receive medical coverage through union
medical plans. Additionally, the Company provided
premium pay to those essential employees whose
job functions and critical roles required themto continue to work from a FOX location.

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As the first media company to create and broadcast
a COVID-19 benefit special, our FOX Presents theiHeart Living Room Concert for America succeededin paying tribute to the brave medical professionals
and local heroes who are working to minimize
the impact and fight the spread of coronavirus,
inspiring subsequent television concerts and raisingmillions of dollars to support both Feeding America
and the First Responders Children’s Foundation.
The March 29 benefit special perfectly captured thespirit of FOX’s compassionate and service-oriented
company culture. Nearly 13 million people tuned in
to our channels, websites and apps to watch, learn,
and give. Through our corporate donations,contributions from viewers and partners, andthe incredible generosity of our employees,
the benefit special raised more than $15 million.
FOX tripled the impact of all employee donations
to these two charities by donating $2 for every $1 each
employee donated. The money raised from the benefit
special helped to provide at least 30 million meals
to those in need.
“What FOX has done is more than the money, and themoney is substantial. The money, in and of itself,
is huge. ... In addition to that, the number of people
who viewed that concert who had no idea theirneighbors were having a food crisis, ... that is oneof the biggest single events in our history.”- Claire Babineaux-Fontenot
Feeding America CEO

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Our work for and gifts to Feeding America
continued with support from our businesses.
On April 2, FOX News Channel and Facebook
co-hosted a town hall on the pandemic.
The one-hour commercial-free town hall featured
medical and business experts, including White House
coronavirus task force members Dr. Deborah Birx
and Surgeon General Dr. Jerome Adams.
As part of the collaborative town hall, FOX Newsand Facebook jointly donated $1 million to Feeding
America’s COVID-19 Response Fund, which helps foodbanks across the country as they support communities
impacted by the pandemic. This contribution funded
10 million meals delivered to Americans in need.
Our FOX Television Stations are deeply connectedto their local charities, providing news and informationthat impacts those areas. This contribution funded thedelivery of millions of meals to Americans in need.

• Evening anchor Kelly Ring from FOX 13 inTampa Bay read children’s books on Facebook Livenightly to help engage young children who
do not have access to a library.
HELPING FEED THE COMMUNITIES• FOX 35 in Orlando raised more than $80,000 for
its local food bank, Second Harvest Food Bank,
serving Central Florida families impacted bycoronavirus. Each $1 raised provided four meals.
• FOX 2 in San Francisco created a Power of Good
Food Bank Donation Drive, benefitting four major
Food Banks in the Bay Area.
• FOX 32 in Chicago, along with other local Chicago
stations, launched the Illinois Broadcasters Uniting
Against Hunger campaign to benefit the Greater
Chicago Food Depository and the Northern Illinois
Food Bank.

HELPING STUDENTS• FOX 5 in Washington DC partnered with the
Washington Teachers’ Union to air lessons forstudents who do not have access to laptops
or Wi-Fi during school closures due to thecoronavirus pandemic. The program, “Learning
Doesn’t Stop—Lessons on TV,” ran every weekday
and was promoted throughout the morning news
program that preceded it.
• Similarly, FOX 26 in Houston assisted the Houston
Independent School District to air “Classes@Home”
Education segments.

26

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HELPING INFORM AUDIENCES• FOX 2 in Detroit, in collaboration with othercommercial and public television stations in thearea, produced and broadcast a live “Governor’s
Town Hall,” providing viewers the opportunity
to ask Michigan Governor Gretchen Whitmer
questions.
• FOX 5 in Washington DC hosted a live coronavirus
special with Maryland Governor Larry Hogan,enabling viewers to get the latest news and ask
questions.
• FOX 5 in Atlanta joined with other stations in thearea to bring the people of Georgia a one-hour,
primetime special “The Governor’s Statewide
Town Hall.”We used our platforms and resources to inform ourviewers and to give back to our audiences.
FOX Sports and FOX News anchors, hosts, andpersonalities taped special PSAs encouraging viewers
to stay home and to seek the latest guidance fromthe Centers for Disease Control.
FOX Sports created two PSAs to inform and inspireviewers. The “For the Team” PSA urged viewers towork together to help limit the spread of COVID-19.
Featuring on-air sports personalities Troy Aikman,
Erin Andrews, Tony Gonzalez, Jeff Gordon, Gus
Johnson, Urban Meyer, Kristina Pink, John Smoltz,
and Charissa Thompson, the PSA highlighted
a game plan to get everyone “back in the game.”
Many FOX News Media anchors and hosts contributed
to custom PSAs that urged social distancing andpointed audiences to the Centers for Disease Control
website for the latest information.
28“Teamworkis the only
way to win
during these
unprecedented
times.
We at FOX
Sports willcontinue todo everything
we can to
help get ourcommunities
healthierand back tothe sports
we love.”- Mark Silverman, President,
National Networks, FOX Sports

Chris Wallace, Martha MacCallum, Harris Faulkner, Bill
Hemmer, Tucker Carlson, Dana Perino, Neil Cavuto,
Sean Hannity, and Shannon Bream urged audiences:“We the people need to work as one. We need tolook out for each other. We need to support ourfriends, our families, and our loved ones.”
Across our FOX Television Stations footprint,
we created local-specific PSAs that addressed theneeds of those areas. FOX 11 in Los Angeles andFOX 2 in San Francisco created custom PSAs at
the request of California Governor Gavin Newsom.
Across our networks, we ran these PSAs andcoronavirus-related PSAs from the Ad Council,
National Association of Broadcasters, American Red
Cross, The Salvation Army, and California Surgeon
General more than 50,000 times.
29FOX Sports incorporated charitable giving into manyof its programs. In partnership with NASCAR,FOX Sports donated to Feed the Children, American
Red Cross and Feeding America. The latter twoorganizations received one-quarter of the advertising
revenue from several NASCAR iRacing broadcasts,
and a similar donation was made to Feeding America
as part of the re-broadcasts of eight FOX NFL Super
Bowls. FOX Sports also supported Feeding America
and the Centers for Disease Control Foundation
through the FOX eSports EA Madden 20 Invitationals.
FOX team members sought many opportunities tohelp each other during the unprecedented andchallenging time. A producer at the FOX Businessprogram After the Bell and her friends raised morethan $27,000 to purchase and donate much-needed
medical supplies for three hospitals in New York City.
Many of the costumers who normally create andalter costumes for productions used their skills
to help those in need. While production was halted,
the tailors sewed more than 5,000 non-medical grademasks that were provided to essential FOX workers.
At FOX Entertainment, as show production wasforced to stop because of the pandemic, we quickly
responded by contributing supplies and resources
to medical professionals and organizations in need.
The Resident donated medical equipment
to Atlanta’s Grady Hospital, and both 9-1-1
and 9-1-1: Lone Star donated medical supplies
to Los Angeles area hospitals.

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5,000
Non-medical grademasks were provided toessential FOX workers

The new FOX show Filthy Rich acted quickly to help
the New Orleans area where it is filming.
The show donated supplies including cleaningproducts, toiletries, food, and baby products to
the Community Kitchen, a volunteer-run food sharecollective, and the NOLA COVID-19 Mutual Aid Group,
which helps the city’s most vulnerable population
and at-risk residents.
In addition to its support of Feeding America andthe First Responders Children’s Foundation throughour March benefit special, FOX also made several
significant donations to organizations in Los Angeles,
where the Company has a meaningful presence,
to assist with recovery and support.
The Company donated $1 million to the City of
Los Angeles Emergency COVID-19 Crisis Fund,which supports meals for the elderly, offers childcare
to healthcare workers on the frontline of the crisis,and provides personal protection equipment tothe city’s homeless population.
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“Finally, all of us in L.A. know that while there’smovie stars that bring the tourists here, it’s reallythe set carpenters and lighting technicians,
the behind-the-scenes blue-collar workers inthis industry who have helped us. And we have yet
another incredible donation that comes from oneof the most famous companies right here in
Los Angeles. And I want to thank the Fox Corporation
whose historic studios and backlot are an iconic
part of our city, and tonight they have donated one
million dollars to the [City of Los Angeles Emergency
COVID-19 Crisis Fund] to help folks in greatest
need here in LA. Thank you so much.”– Los Angeles Mayor Eric Garcetti, April 8, 2020
FOX also partnered with Mayor Garcetti to prepare
and package meals for Angelenos in need.
Over an eight-week period that began in April 2020,
FOX food service workers made 80,000 meals
for Los Angeles residents with disabilities.

The packed lunches were served in eco-friendly
containers and included a sandwich, chips or fruit,
a bottled beverage, condiments, and an eco-friendly
cutlery kit.
In the neighborhood immediately surrounding
the FOX Studio Lot, many restaurants struggled
to survive the months-long shelter in place orderwhich greatly diminished the number of patrons
visiting their businesses. FOX contributed to the
Friends of West L.A.’s Responders First program,which purchased meals from local restaurants
to provide at no charge to first responders andemergency room heroes.
FOX extended its partnership with Operation
Gratitude during the pandemic through a virtual
volunteer program. FOX employees spent morethan 200 volunteer hours writing letters to first
responders, emergency medical personnel andnational guardsmen and women who are battling
COVID-19.

AMPLIFICATION FOR GOOD
The reach of our entertainment, news, and sports
networks enables us to inform and engage our viewers
about important causes. This on-air good work occurs
throughout the year, highlighting first responders,teachers, food banks, animal charities, and manyother worthy causes. On Veterans Day 2019,
for example, all the FOX business units worked inharmony to recognize and honor veterans for theirincredible service.
On November 10, 2019, FOX NFL Sunday broadcast
live from the U.S. Military Academy at West Point.
More than 1,000 cadets participated in FOX Sports’longstanding tradition of broadcasting froma military location in honor of Veterans Day.
Additionally, FOX Sports hosted veterans fromThe Mission Continues and members of Blue Star
Families in its Los Angeles and New York studios,
providing the guests exclusive access to live
sports programming.
FOX News Channel and FOX Business featured
veterans-related coverage throughout theholiday, including segments about veteran-owned
businesses, organizations that help service members
transition into civilian life, and the Patriot Awards.
Across our owned and operated television stations,
we highlighted inspiring stories of veterans in theirlocal communities.
Across our FOX family of networks, we aired morethan 100,000 Public Service Announcements
totaling over 1,000 hours throughout the year.

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We highlighted the worthy causes and actions oforganizations including Big Brothers Big Sisters,
National Alliance on Mental Illness,
Wounded Warrior Project, and the United Way.

GOOD ACROSS THE COMPANY
Our business units also use their own networks,
on-air personalities, and resources to make a positive
difference. FOX Sports has a successful community
impact program called FOX Sports Supports.
Every two years, the employees of FOX Sports cometogether to decide on non-profit organizations to
support through volunteerism, events, charitablegiving, in-kind donations and on-air promotions.
• Among the organizations that FOX Sports Supports
works with are Girls Inc., Ticket to Dream
Foundation, Action for Healthy Kids, Soccer
Without Borders, streetfootballworld, Jackie
Robinson Foundation, and The Mission Continues.
• Support for these organizations manifests itself
via linear, digital and social media promotion,
production services, donated media time, financial
support, employee engagement, and more.
• Since its inception in 2008, FOX Sports Supports
has collaborated with more than 50 non-profit
organizations and contributed millions of dollars of
support to its partners, making it an industry leader
in raising awareness for causes associated withyouth development, education, and the military.

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WINNING THE GAME: FOX SPORTS SUPPORTS
AT SUPER BOWL LIV
This year, FOX Sports established its inaugural
Gamechanger Fund to provide the Hank Kline
Boys & Girls Club of Miami-Dade with audio andvideo equipment, production space, and mentorshipfor the club’s Teen Program, enabling them to begin
exploring future careers in sports television, digital,and social media production. Club members also
benefit from ongoing learning and mentorship
opportunities provided by FOX Sports employees
and production teams around the country.
The donation of the Gamechanger Fund leaves
a lasting impact on the youth in the host city ofSuper Bowl LIV on FOX.

“We hope the Gamechanger Fund
will help to inspire the next generationand that one or more of these girls or boys
is producing the Super Bowl someday.”- FOX Sports CEO & Executive Producer, Eric Shanks

Also, while in Miami, FOX Sports Supports sponsoreda coral reef ecosystem restoration project called
100 YARDS OF HOPE. Led by Force Blue in connection
with NFL Green, former Special Operations veteransand military-trained combat divers are working
alongside scientists on a year-long project to restore
a football field-sized stretch of coral reef in the waters
off the Florida coast.

36

FOX News Media regularly uses multiple platforms
to inform its audience and provide opportunities
for viewers to give back to worthy organizations.
• All proceeds from John Rich and FOX News’ show
The Five’s song “Shut Up about Politics” – which
hit #1 on iTunes – benefitted Folds of Honor,
which provides educational scholarships to thechildren and spouses of our fallen and disabled
service members while serving our nation.
• Over the fourth of July holiday, FOX News’ Proud
American series highlighted a Folds of Honor family
who discussed the organization’s work and impact.
• FOX Nation has also been actively involved inraising attention and money for Folds of Honor.
In November 2019, FOX Nation’s inaugural Patriot
Awards raised over $60,000 for the charity.
CEO of Folds of Honor Dan Rooney received
FOX Nation’s 2019 Ultimate Patriot Award at theceremony. FOX Nation promotions for Memorial
Day 2019 and Veterans Day 2019 raised nearly$300,000 for Folds of Honor Foundation.

Every one of our 29 FOX Television Stations plays an
integral role in their areas – from broadcasting local
weather and political news to addressing the uniqueneeds of their cities and towns. In Los Angeles,
FOX 11 produces “Wednesday’s Child,” a weekly
profile of a foster child looking for a loving family.
The feature began in 1989 and has helped many
children find adoptive homes.
FOX 26 in Houston has also changed lives andbrought together families through its monthly
segment called “FOX Finding Families.”
The station features a different child in foster careeach month with the goal of raising awarenessabout the incredible need for more loving foster
families to provide temporary care for children
or to adopt. Most of the children the station
features are older and have been in the system
for several years. Through this partnership,
Depelchin Children’s Center has fielded hundredsof inquiries from families wanting to learn more
about foster care and adoption.
39

Each week, FOX 29 in Philadelphia introduces viewers
to furry friends looking for a “FurEver Home.”
The station partners with sponsor, the Pennsylvania
SPCA, to find homes for dogs and cats. FOX 7 in Austin,
FOX 26 in Houston, and many other stations also help
animals find their FurEver homes.
FOX Entertainment connects its shows toopportunities to inform and give back to viewers,
their families and neighbors. The Masked Singer
highlighted the plight of wildlife in Australia during
the devastating bushfires in early 2020 in connection
with its Kangaroo costume reveal. The show utilized
its significant social media following to bring attention
to WIRES Wildlife Rescue, which cares for andrehabilitates animals impacted by the fires
and donated to the organization to support its work.
Closer to home, characters from The Masked Singer
visited Children’s Hospital Los Angeles,
lifting the spirits of fans receiving medical treatment.
The show and FOX Entertainment continued its
support of the Hospital with a subsequent financial
donation.
With many FOX Entertainment shows depicting thebravery of police, firefighters, paramedics andother first responders, we work closely with charities
that support the real-life heroes our programming
portrays. 9-1-1: Lone Star donated to the
National Fallen Firefighters Foundation, whichassists the families of fallen fire heroes and works
to reduce firefighter deaths and injuries.
In June 2019, First Responders Live promoted the
Adopt a Fire Station Donation Campaign and raised
money to support the Firefighters’ Safety Foundationand the Los Angeles Fire Department Foundation.

41

OUR PEOPLE
Our nearly 9,000 employees underpin our businesssuccess. We consider ourselves a united FOX Family,
working to achieve our shared business goals,
supporting each other through good times and bad,and embracing the differences among us that makeus a stronger whole. We attract the brightest people
from a broad spectrum of backgrounds; and we
support, encourage, and develop our colleagues
to lead the industry forward. Throughout our
workplaces, we promote and maintain an environmentof civility and respect. We are extremely proudof our workforce diversity and the awards we havereceived for our commitment to our workers.

ATTRACTING THE BRIGHTESTPEOPLE FROM A BROAD SPECTRUM
OF BACKGROUNDSWe believe that the more voices in the room and themore diverse the experiences of our colleagues,
the better FOX’s internal culture and external
programming are. Our diversity enables us to be morereflective of the audiences we reach and enhances
our ability to create news, sports, and entertainment
programming that serves all viewers across thecountry. A diverse and inclusive workplace is not
merely a strategy or business objective; it isfundamentally woven in the fabric of the company.
This commitment begins with our approachto talent recruitment and extends to the way wenurture the careers of, and provide opportunities
to, our colleagues.
43

FOX also created its own programs to facilitate
access to information about the careers available atthe company and the ability to thrive in our industry.

FOX has several talent recruitment initiatives
designed to ensure that our workforce is the best it
can be, with the most talented colleagues possible.
Among our initiatives are:• All staff and freelance roles are posted internallyand externally to promote internal mobility anddiversity;• A centralized recruitment team; and• Recruitment operations guidelines created toensure consistency.
We prioritize having a diverse talent pipeline acrossall of our disciplines. To identify great talent, wepartner with organizations that provide FOX access torecruiting events and their conventions.
These organizations include:• Asian American Journalists Association (AAJA)• National Association of Black Journalists (NABJ)• National Association of Hispanic Journalists (NAHJ)• Native American Journalists Association (NAJA)• The Association of LGBTQ Journalists (NLGJA)• Girls Who Code and GraceHopper(Promoting the advancement & developmentof women in technology)• AdColor (Promoting the visibility & advancementof people of color in ad sales)
44

FOX News sponsors the Multimedia Reporters Training
Program. Launched in 2011, it places talent fromdiverse backgrounds in multimedia reporter roles
across the country, where they shoot, report, edit,
and produce their own high-end content across
FOX News platforms. Through daily guidance andfeedback from management, we challenge and enable
the program’s 10 annual participants to continuallyhone their journalistic skills and capabilities.
FOX has developed and implemented several training
programs designed to identify, develop, and mentor
diverse individuals, including:• FOX Stations Sales Training Program:
The FOX Stations Sales Training Program wascreated to develop and mentor the next generationof diverse, motivated sales professionals for
the FOX Television Stations. Trainees participate
in both intensive classroom study of all aspects ofthe television station advertising sales businessand shadowing of FOX Television Stations sales
account executives. More than 65 graduates ofthe program have since progressed into executive
sales management roles.
• FOX News Leadership Development Program(FNLDP): The FNLDP equips diverse, high potential
talent with the tools needed to build and propela career with FOX. Program pillars are mentorship,
access and networking, skill-building anddevelopment, and exposure to the other FOX
businesses. Each year four individuals are selected
as part of the FNLDP for the duration of two years.
45

SUPPORTING, ENCOURAGING
AND DEVELOPING OUR COLLEAGUESTO LEAD THE INDUSTRY FORWARD
Our workforce is the creative, strategic, andoperational engine of our success. We are proud toinvest in our people through competitive pay andbenefits, flexibility and support to balance workand personal demands, Employee Resource Groups,
and extensive professional and personal learning& development programs.

OWNERSHIP MENTALITY
All full-time employees who were with FOX on
March 19, 2019, the date on which we became astandalone publicly traded company, are owners.
Each of these employees received an equity award
grant, recognizing the significance of theircontributions from the first day of our existence.
This ownership mentality is intended to encourage
our entrepreneurial spirit and collegial approach,providing our employees with an environment
where they can take creative risks and fulfill theirown professional goals.
“All of us make up this company, and all of us informand protect its culture, and ultimately all of us
are invested in its success. That is why I am pleased
to announce that our board has approved arecommendation from me to grant every employee
shares in FOX.” – Lachlan Murdoch, March 201946

We attract and retain talented employees with market
competitive pay rates. We also link our more senior
employees’ pay to corporate performance throughdiscretionary bonuses and equity awards, which
drive ingenuity and achievement of long-term goals.
We provide a generous benefits package that
supports our employees’ health and wellness,
educational endeavors, and financial stability.
Full-time employees are eligible for medical,
dental, and vision insurance, with access totelemedicine. Freelancers who work a minimum
number of hours are also eligible for a medical plan.
Additional benefits provided at FOX’s expense
to full-time staff employees include:• paid company holidays;• paid floating holidays;• paid vacation;• paid sick and safe time;• life insurance;• full salary replacement for up to 26 weeks ofshort-term disability;• a 401k plan with a generous FOX match andcontribution;• educational reimbursement;• charitable gift matching;• Employee Assistance Program; and• backup child, adult, and elder care.

44FOX EXECUTIVES SUPPORT COLLEAGUESDURING CORONAVIRUS
The uncertainty COVID-19 created for all media
companies in light of production shutdowns andtemporary cessation of sporting events led FOX
to take several proactive actions to ensure thatthe company and its colleagues remained strong.
Our executive level employees reduced their salaries
so that, to the greatest extent possible, we could
protect our full-time colleagues with salary andbenefit continuation. FOX’s Named Executive Officers
are foregoing their salaries from May 1, 2020
through September 30, 2020. The rest of the senior
management team reduced their salaries by 50%
through the same five-month period. And from May
1 through July 31, the salaries of executives at the VP
level and above were reduced by 15%. Collectively,
these salary reductions impacted approximately 700
employees. FOX is truly a family, with the few stepping
up and stepping forward to help protect the manycolleagues who continued to receive salaries andbenefits without interruption as a result.

FLEXIBLE WORK ARRANGEMENTS
Offering our employees flexibility and support tobalance work and personal demands empowers
them to thrive in our modern workforce.
To that end, FOX allows eligible individuals
the opportunity to work remotely in appropriate
circumstances. Our workplaces have lactation
rooms for our new mothers to utilize. And ourgenerous parental leave policy allows new parents
to bond with their children for a substantial periodwith full pay. We offer backup child, adult, andelder care, as well as return to work care.

48

FOX also provides reasonable accommodations
to individuals on the basis of disability, pregnancy,
childbirth, or related medical conditions, religious
beliefs, and victims of domestic violence, sexualassault, and stalking.
EMPLOYEE NETWORKING GROUPS
FOX is committed to fostering a culture andenvironment where everyone, from everywhere, feels
welcome and can thrive. The exchange of ideas andviewpoints drives innovation and inspires powerfulstorytelling that resonates with audiences.
FOX facilitates the formation and supports thevibrancy of our Employee Resource Groups, which
are formed around shared identity, interests
or pursuits for the purpose of advancing careers,culture, and community.
FOX offers nine Employee Resource Groups:• Women@FOX -- committed to developing
female leadership at all levels and fostering aculture where all women thrive.
• WiT (Women in Tech) -- attracts, advances, andempowers women technologists, and amplifies
their impact at FOX.

49

• Women of FOX Sports -- connects, inspires,informs and gives back to the community, with thegoal of furthering women’s collective contributions
and advancement within the sports industry.
• VETS -- committed to the community of Veterans,
current service members, military supporters, andmilitary spouses employed at FOX by embracing
our four core values – Community, Appreciation,
Connection & Education.
• PRIDE -- cultivates community among FOX’s
LGBTQ colleagues and allies, supports causes
important to the LGBTQ community and fosters
a work environment where all of FOX’s LGBTQ
colleagues feel 100% authentic and professionally
supported.
• NOIR -- an inclusive environment for Black
colleagues and allies at FOX to come together
to support one another, seek career development,
professional mentorship and opportunities toserve within our local communities.
• HOLA (Hispanic Organization for Leadership andAdvancement) -- develops Hispanic leaders,enriches FOX’s diverse culture and drives positive
impact.

• ACE (Asian Community Exchange) -- serves
Asian Americans at FOX by advancing
our members, championing our stories, andempowering our communities.
• ABLE -- promotes an inclusive environment andculture for our colleagues with disabilities throughadvocacy and allyship.
LEARNING & DEVELOPMENT
Our learning & development programs help
employees reach their full potential in a rapidlychanging world by providing them withprofessional development and long-term career
growth opportunities. We create opportunities
for our leaders to grow and develop as managers,
to share information about all parts of the business,and to increase individual team effectiveness.
Our approach to learning & development includes:• Management & Leadership Development.
FOX offers programs to prepare employees
for critical manager roles. Examples include:51◦ Premiere Management Development Program.
This leadership development experience fornew managers includes four days of in-person
training and several weeks of on-the-job
application and assignments. In 2019, 67
FOX leaders graduated from the program.
◦ FOX Sports Professional Development
Program. This program prepares production
team leaders with skills for the unique sports
production environment, such ascommunication and influence in the control
room under short deadlines. It runs every
other year with 60-75 participants.
• eLearning. We offer online, on-demand training
courses to all FOX employees, including:◦

LinkedIn Learning: Library of thousandsof video courses covering everything from
3D animation to Microsoft Office suite.
◦ Harvard ManageMentor: Provides FOX
employees with expert advice and content fromworld-renowned business leaders to build
business and leadership skills.
◦ Learning Paths: Curated lists of online courses
available to help all FOX employees pursue
specific development goals.
• Live Webinars. We connect subject matter
experts to build employee skills and awareness.
• Assessments. FOX offers assessment tools(e.g., DISC, Birkman, MBTI, 360 leadershipassessments) to help employees develop greater
self-awareness and gain insight into theirperformance and decision-making processes.

52• MentorMatch. FOX pairs employees and seniorleaders across the organization to build meaningfulprofessional relationships.
• Performance Assessments. All managers areencouraged to perform annual performance
reviews with employees, with an eye
toward career development and progression.

PROMOTING AND MAINTAINING
CIVILITY AND RESPECT IN THE
WORKPL ACE
Trust begins in the workplace every single day.
We are committed to fostering a high trust work
environment for our colleagues, in which people
do their best work. Harassment, discrimination,
retaliation, and threats to health and safety all
undermine our high trust environment and make itharder for people to excel. Therefore, it is our policy
to provide a safe work environment free from thisor any other unlawful conduct.
WORKPLACE CIVILITY AND INCLUSION
Comprising experts in workplace and inclusion
matters, with a majority serving from outside
the company, the Workplace Professionalism andInclusion Council advises FOX News and its senior
management in its ongoing efforts to ensure aproper workplace environment for all employees
and guests, strengthen reporting practices forwrongdoing, enhance HR training on workplace
behavior, and further recruitment and advancementof women and minorities.
The Council meets with and provides written reports
to the Board of Directors and the Nominating
and Corporate Governance Committee.
All available Council reports are available on
our website.

54

FREEDOM OF ASSOCIATION
FOX has always been and will continue to beunequivocally committed to our employees andtheir right to freely associate with any third-party.
We firmly adhere to the National Labor Relations
Act (NLRA). The NLRA and the subsequent Taft
Hartley Amendments protect rights of employees
and employers in the private sector.
The foundation of the NRLA includes the employees’right to participate in protected, concerted activities,
discuss working conditions openly, and the choice
to be or not to be associated and/or represented
by a third-party representative without fear of
discrimination or retaliation.
Across FOX Entertainment, FOX Sports,
FOX Television Stations, and the FOX Studio Lot,
we are a party to approximately 75 separate
collective bargaining agreements that cover
thousands of staff and freelance employees.
55

ANTI-DISCRIMINATION POLICY,REPORTING, AND TRAINING.
Our commitment to creating and maintaining anenvironment free of discrimination or harassment
begins at the highest leadership level of thecompany and is embedded throughout the policies
and practices at FOX. The Standards of BusinessConduct and its Preventing Harassment,
Discrimination and Retaliation Policy provide
the Company with a framework for handlingdiscrimination and harassment complaints andtaking remedial measures if the Company
determines that there has been a violation of theCompany’s policies against such conduct.
Our Standards of Business Conduct expressly statethat FOX endeavors to ensure that the workplace“is free of bullying and harassment, whether theharassment is sexual in nature, or is based onan employee’s sex, race, religion, disability, or any
other characteristic protected by applicable law.”

It makes clear that it is our policy to “investigate
promptly and thoroughly any FOX colleague complaintof discrimination or harassment, and to take remedial
measures, if FOX determines that there has beena violation of FOX’s policy against such conduct.”
We are also committed to maintaining aworkplace that treats all employees with dignity
and respect, and is free from all forms of harassment,
discrimination, and retaliation.
Our anti-discrimination policy protects individuals
on the basis of a person’s actual or perceived race,
religious creed, color, national origin, ancestry,citizenship, age, physical disability, mental
disability, medical condition, genetic information,
marital status, family status, caregiver status,sex (including pregnancy status, childbirth,breastfeeding, and related medical conditions),
gender, gender identity, gender expression, sexual
orientation, sexual and reproductive health choices,hair texture or hairstyles, military or veteran status,
political affiliation, arrest or conviction record,
union membership, unemployment status,
credit history, status as a victim of domestic violence,
stalking, or sexual offenses, or any other legally
protected characteristic.
Any employee or applicant who believes they haveexperienced or witnessed harassment, discrimination,or retaliation, including as a bystander, must
immediately report it to a manager in the
Company’s Human Resources Department or to oneof several alternative reporting channels, including
the confidential Alertline1. Members of management
who learn of harassing, discriminatory, or retaliatory
conduct from any source are required to report it
immediately.
1
The results of investigations into Alertline submissions are reported tosenior management and the Audit Committee of the Board of Directors.

56

57

Reported concerns are investigated, and if FOX
determines that a violation of this policy has
occurred, we will take appropriate remedial action.
These reports and investigations are evaluated by
the most senior members of FOX’s management team.
The Chief Legal and Policy Officer must approve any
settlement related to a violation of the FOX Standardsof Business Conduct as well as claims related tosexual harassment or other forms of discrimination.
Further, the Audit Committee of the Board of Directors
is informed of all matters that require the Chief
Legal and Policy Officer’s approval.
The Board also has adopted a clawback policy,
whereby the Compensation Committee has sole
discretion to require reimbursement of all or any
portion of any performance-based compensation
or discretionary bonus paid to any executive forthe period when the executive engaged in harassment,
discrimination and/or retaliation, including the failure
to respond to allegations or complaints of such
behaviors. All new hires must complete training on the
Company’s Preventing Harassment, Discrimination,
and Retaliation policy shortly after hire.
Existing employees must complete the training
periodically.
FOX is committed to equal employment opportunity
for all employees and applicants for employment.
FOX complies with and exceeds the International
Labour Organization’s (ILO) conventions foreliminating discrimination in respect of employment
and occupation.

ADVANCING DIVERSITY& INCLUSION
We are gratified by our diverse FOX culture andenvironment. The robust exchange of ideas andviewpoints at FOX drives innovation and inspires
powerful storytelling that resonates with audiences.
And we are proud of our workforce diversity data
and the awards that have recognized our successin championing various communities within our
workforce. Of our U.S. full-time workforce in 2020,
40% identified as female and 32% identified as
persons of color.2 Our recent hiring activity bolsteredworkplace diversity, as 45% of our Calendar Year 2019
hires were female and 35% were persons of color.

2
As of March 31, 2020, among 8,326 U.S. employees (which excludes
all 23 Non-U.S. employees as of that date). Persons of Color include
individuals identifying as Black/African American, Asian, Hispanic/Latino,
Native American, Native Hawaiian/Pacific Islander, and two or more races.

5859

At the Manager level, where so many promising early
career employees initially exercise leadership, 47%
are female and 33% are persons of color.
In Calendar Year 2019, 50% of promotions werefemale employees. Women hold key leadership
positions at FOX and account for 29% of EVPs and 34%
of SVPs companywide. The Executive Vice Presidentof Human Resources and Vice President of Diversity
and Inclusion monitor and oversee these important
diversity metrics on an ongoing basis.
FOX has been recognized by many outsideorganizations for its deep commitment to diversity
and inclusion.
• FOX received a 100% score in the Human Rights
Campaign Foundation’s 2020 Corporate
Equality Index (CEI) - our second year earning
the top marks. CEI is the Human Rights
Campaign Foundation’s annual scorecard
assessing LGBTQ workplace equality. The score
gives FOX the distinction of “Best Places toWork for LGBTQ Equality.”• DiversityComm also recognized FOX as a
Top Employer and as a Top LGBTQ+ Friendly
Company in 2019.
• Additionally, Black EOE Journal, HISPANIC
Network Magazine, Professional WOMAN’s
Magazine, and U.S. Veterans Magazine have alllisted FOX as a top employer.
• In 2019, the Company was appointed to
the Top Military Friendly® Employer list.
• In 2019, the FOX Flight Team was named the firstrecipient of the Women And Drones organization’s
Piloting Innovation Award.

60

The award recognizes the exceptional womenof FOX News and FOX Television Stations who are
disrupting, innovating, and shaping the futureof unmanned aerial systems.

EXTENDING OUR VALUESDiversity and inclusion are key tenets throughout ourcompany, extending beyond our employment practices
to our human rights principles and supply chain.
PROTECTING HUMAN RIGHTS
FOX is committed to operating its business in amanner that respects, protects, and promotes
human rights worldwide. This commitment includes
respecting the dignity and worth of all individuals,
encouraging all individuals to reach their fullpotential, encouraging the initiative of each
employee, and providing equal employment
opportunity to all employees. These key principles
are embodied in FOX’s Human Rights Statement.
Taken collectively, FOX’s workplace policies andpractices – including nondiscrimination, prohibitions
against forced and child labor, freedom of association,and the right to engage in collective bargaining - arealigned with the principles of the International Labour
Organization’s (ILO’s) Declaration on Fundamental
Principles and Rights at Work and the UN Universal
Declaration of Human Rights.
SUPPLY CHAIN
Our Supplier Diversity Program formally launchedin 2019 with the goal of identifying and growing
a diverse supplier community and partners thatprovide superior value to our organization.

61

OUR WORLD
Across all our businesses, we are committed tooperating efficiently and reducing, as much as
possible, any environmental risks -- including
those related to climate change -- associated with
our operations. Based on our operating footprint,
we have identified the following priority areas forenvironmental risk management:• Building and production management – we own
and lease various properties in the U.S. (including
the FOX Studio Lot in Los Angeles) that use energy
and water, and generate related greenhouse gas
emissions and waste.
• Business continuity – we believe our main climate
risk is related to business continuity in the event of
more extreme weather events.
• Supply chain – we require our suppliers to manage
relevant environmental risks.
As part of our strategy to mitigate environmental risks,
including those related to climate change, we have:• Developed and implemented a comprehensive
Environmental, Health, and Safety (EHS) program;• Tracked energy and greenhouse gas emissions
data in order to reduce consumption;• Invested in resource efficiency and clean energy
initiatives;• Developed a comprehensive business continuity
plan; and• Developed and implemented a suppliermanagement policy.
63

SUSTAINABLE PRODUCTIONALLIANCE
FOX has joined the Sustainable Production Alliance(SPA), a collaboration among the major studios
housed under the Producers Guild of America(PGA) as part of the PGA Green program.
The goal of the alliance is to find practical tools
and solutions to minimize the environmental
impact of the entertainment industry as wellas provide leadership in sustainability
that all stakeholders in the industry can follow.
Members include Sony, NBCUniversal,
Paramount Pictures, Warner Bros., Disney,
HBO, Netflix, Amazon Studios, Amblin Partners,
CBS, and Participant Media.
ENVIRONMENTAL, HEALTH,AND SAFETY (EHS) PROGRAM
Environmental management at FOX is guided
by our enterprise-wide EHS Policy and EHS
Management System.
As confirmed in the EHS Policy, the ultimate
responsibility and authority for establishing andmaintaining effective EHS programs rests with our
Executive Chairman and Chief Executive Officer,
whose responsibilities include the following:
1. Issue the organization’s EHS policy, setting
the example for FOX’s culture.
2. Assume overall responsibility for implementing
the EHS Policy at all FOX facilities.
3. Assess information provided during periodic EHS
management reviews, and direct actions to continually
improve the EHS management program and reducerisk in the workplace.
64

Day-to-day management of environmental issues
is overseen by our President of Operations andDistribution and implemented by our dedicatedEnvironmental, Health, and Safety team.
As a new company, we are in the process of formalizing
a number of EHS initiatives. We have set a goal topursue ISO14001 certification in calendar year 2020
and to disclose environmental data to the CDP by
calendar year 2022.
As part of our EHS program, in 2019 FOX completed
an assessment of potential impact for our Studio
Lot in Los Angeles. The assessment included topics
ranging from air quality, water and waste, to noiseand vibration, and will inform our EHS efforts going
forward.
65

Case Study: FOX Sports

SUSTAINABLE ON AND OFF
THE FIELDFOX Sports regularly collaborates with our partners
at the NFL, MLB, and NASCAR on various waste,water, and energy reduction initiatives.
Since the 2018 World Series, more than 200,000
single-use water bottles have been reduced
on remote broadcasts.
While on the road, composting and recycling
is a priority. During the 2019 NASCAR season,
almost 5,000 single-use coffee pods were recycled
thanks to FOX Sports’ zero waste boxes.
In addition, leftover materials, food, and equipment
are donated to local organizations whenever possible.
Innovative alternative energy solutions are also
being deployed on remote productions, including
using solar powered batteries, and purchasing carbon
offsets. For example, FOX Sports offset all emissions
related to operations and business travel during Super
Bowl LIV by purchasing 1,154 MT of carbon offsets.
The commitment to being environmental champions
continues in FOX Sports’ headquarters in Los Angeles.
FOX Sports distributed branded reusable water bottles
to all employees and installed Bevi filtration systems
to reduce the use of plastic water bottles.
To date, the Bevi systems have served nearly 50,000
gallons of water, eliminating more than 350,000 waterbottles from landfills.

66

RESOURCE EFFICIENCYAND EMISSIONSENERGY EFFICIENCY AND
GREENHOUSE GAS EMISSIONSOur EHS team tracks the energy and fuel used in
the course of business, develops new methods
to improve energy efficiency, and creates campaigns
to engage employees, audiences, vendors andindustry partners on environmental issues.
Ongoing initiatives to reduce energy consumption andrelated greenhouse gas emissions include:• Implementation of Environmental and Energy
Management (EEM) software to manage energy
and GHG emissions across the company’s portfolio
of facilities;• Utilization of alternative fuel and poweron remote broadcasts to reduce dependence
on diesel generators;• Investments in solar power generation capacity;• Constructing new buildings to LEED certified
standards;• Purchasing fuel efficient vehicles for news teams;• Installation of high-efficiency LED lights on
production stages; and• Commuter programs, including the installationof 40 EV chargers with 67 charging ports
available for employee and visitor use at the
FOX Studio Lot, and Qualified Transportation
Expense benefit that encourages employees tocommute via mass transit

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Waste management investments at the FOX Studio
Lot include:• The development and implementation of asingle stream recycling system. All glass, plastics,
and paper are collected together rather thanseparately, allowing for increased participation
among employees.
We continue to build on these efforts and look forfurther carbon reduction opportunities, including by:• Conducting energy audits and life-cycle
assessments;• Engaging expert consultants and industry partners
for our sports and entertainment-related
production to advise and pilot new technologies,
processes and vendors to help move towards
the achievement of emissions reduction goals;• FOX donated over 9.5 tons of unserved, preparedfood to local food banks and nonprofit organizations.
• FOX was among the first studios to launcha composting program for food waste.
The program began with an exclusive focus onfood used in kitchens and restaurants on the lot,then expanded to include employees’ food waste
in cafeterias. In 2019, the lot sent nearly 136 tonsof food waste to compost, as well as an additional
11 tons of yard waste.
• Eco-friendly materials in food outlets, including:• Soliciting ideas for operational improvementsfrom local managers;◦ cups and lids are either compostable or madefrom post-consumer recycled material;• Promoting best practices and awareness raising
initiatives; and◦ fiber-based trays, plates and bowls;• Ongoing investments in internal data tracking
and communications.

◦ bio-based utensils.

We plan to publicly report relevant Scope 1, Scope 2,
and Scope 3 greenhouse gas emissions on an annual
basis.
WASTE MANAGEMENT
Our largest location for solid waste is the FOX Studio
Lot. We have implemented a number of waste
management initiatives, helping to achieve our 2019
diversion rate of 75%.
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◦ paper straws; andWATER CONSERVATIONAt the FOX Studio Lot, we have replaced more than
13,000 square feet of lawn with artificial turf,
eliminating the need for regular irrigation of theseareas and saving more than 6,000 gallons of water
per year. A computerized irrigation system allocateswater based on the amount of recent rainfall, the typeof plant, and how long each plant has been in place.
This system saves an estimated 1.5 million gallons ofwater each year.
69

Case Study:
FOX TELEVISION STATIONS AND FOX NEWSFOX Television Stations and FOX News are making
efficiency upgrades across a variety of operations.
Many business practices, such as script distribution,
have been digitized and more fuel-efficient
vehicles are being purchased.
Outdated HVAC units are being replaced with more
efficient units, lighting is transitioning to LEDs,
and equipment is switching to rechargeable batteries.
Fuel cells have also been installed with 400 kW at theKTVU office in Oakland (~95% of annual electricity).
Highlights of building efficiency successes include:• The FOX Television Station in Atlanta replaced
studio incandescent lights with LEDs;• The FOX Television Station in Dallas installed
Motion Sensor switches in common areasand selected office spaces to turn off lights andreplaced an existing fire tube boiler with two newhigh efficiency condensing hot water boilers;• Our Chicago station replaced incandescentfixtures with LED; and• Our Los Angeles offices upgraded to LED lights
and installed occupancy sensors.
SUPPLY CHAIN MANAGEMENT
As confirmed in our supplier management policy,
Doing Business with FOX, our suppliers must havea documented environmental policy that includes acommitment to comply with relevant environmental
laws and regulations and to continual improvement
and pollution prevention.

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OUR PRACTICES
Our audiences expect great content from brands they
can trust and companies they can believe in.
This requires us to be principled, transparent,
respectful, and fair to each other and to our business
partners, customers, and other stakeholders.
We are proud of the way we conduct our businessand the ethical principles we follow.

OUR POLICIES
We insist that everyone working for and with FOX will
always act with integrity. That standard is set forthin the comprehensive policies and codes that govern
our ethical conduct and responsible behavior.
• Statement of Corporate Governance sets forth
the Company’s corporate governance guidelines
and practices, and ensures the Company is governedin a manner that serves the interests of ourshareholders, colleagues, and other stakeholders.
• Standards of Business Conduct outlines ourprinciples regarding fair, ethical, and honest
business dealings, full and fair disclosure, andcompliance with applicable laws, and confirms
the expected standard of behavior governing all
FOX employees and businesses.

72• Global Anti-Bribery and Anti-Corruption Policy
confirms our commitment to never engage in,tolerate, or condone bribery, corruption, or similar
conduct. This Policy applies globally, to every
director, officer and employee of FOX and its
majority-owned subsidiaries and divisions, as wellas to third parties acting on behalf of FOX and its
subsidiaries.

• Political Activities Policy establishes standards
for employees to ensure compliance with gift,
lobbying, and political contribution laws, and any
additional, more restrictive requirements requiredby FOX.

“We are purveyors of First Amendment
activities and defenders of the
U.S. Constitution and its rule of law.
We contribute to the marketplaceof ideas by providing our audienceswith timely news, clear opinion, andengaging entertainment about virtually
everything people care about – frompolitics to sports, business to health,natural disasters to uplifting stories
of courage, hope and humanity.
Through it all we remain steadfast
and focused on our core values
in building a culture of trust, integrityand ethical behavior.”- FOX Standards of Business Conduct

COMPLIANCE PROGRAMOVERSIGHT
The Audit Committee of the Board of Directors has
responsibility for business ethics and anti-bribery
and corruption oversight, for ensuring processes are
fully embedded in the business, and for reviewing
management’s progress against internal businessconduct implementation goals.
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The Chief Ethics and Compliance Officer reports
regularly to senior management about existing
compliance programs and proposed new initiatives.
FOX’s Chief Ethics and Compliance Officer leads
the company’s ethics and compliance program andassists the Board of Directors in fulfilling its oversight
duties concerning compliance with applicable laws,
regulations, and accounting standards, and thedissemination of true and accurate information.
Each business unit also has a designated complianceor legal liaison who coordinates compliance policies
and controls, and related ongoing risk assessments,
with the Chief Ethics and Compliance Officer.
RISK ASSESSMENT
We undertake various risk assessments as part ofour efforts to ensure compliance with our Standardsof Business Conduct and Global Anti-Bribery andAnti-Corruption policy. These include:• All compliance sensitive vendors are identified
and escalated to the Chief Ethics and Compliance
Officer for risk assessment and review before being
approved. We utilize both subjective assessments
and an automated screening of all vendors
embedded in the intake process for our Accounts
Payable/Vendor Management system.
• Financial transactions involving government-relatedparties must be reviewed and approved by, among
others, the Chief Ethics and Compliance Officer.
Compliance-related transactions must be
identified as such when recorded in the generalledger to allow for review and monitoring by
our Compliance team.

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The FOX Corporate Audit group periodicallyreviews the completeness and reliability of thispractice. In addition, business units that conduct
operations in jurisdictions with known levels ofperceived corruption, or in other situations where
the potential for corruption may present itself,
meet prospectively with our Compliance team toassess potential risks and formulate risk reduction
and remediation strategies.
THIRD PARTIES
We require that consultants, agents and other third
parties acting on behalf of FOX adhere to the principles
contained in our anti-corruption policy.
We ensure that all payments to third parties arerecorded accurately and documented appropriately.
TRAINING
All FOX employees must read our Standards ofBusiness Conduct and Global Anti-Bribery andAnti-Corruption policy and acknowledge that they
have done so. In the coming year, this process will
include annual training about our Standards ofBusiness Conduct.
All new employees are required to complete an
online training module focused on anti-bribery andanti-corruption as part of the onboarding process,and existing employees are also required to complete
this training periodically.
REPORTING CONCERNSThe Standards of Business Conduct and Employee
Handbook both include information about how ethics
concerns can be raised. Employees can approach amanager in Human Resources or an attorney in the
Legal Department, in any FOX business unit.

The Chief Ethics and Compliance Officer anddesignated compliance or legal liaison in each
respective business unit are also available to serveas additional resources. Any stakeholder (including
employees, suppliers, customers, and other third
parties) can also use the FOX Alertline.
Alertline supports anonymous reporting of concerns
either through a dedicated, domestic/international
toll-free telephone number available 24 hours a day,365 days a year, or through a secure website.
Translation services are available through Alertline.
Reports are treated confidentially.
Alertline (both the online and telephonic) is
maintained by a third-party provider. The systemgenerates an auditable log of all concerns thatare received through that system. A summary of thecomplaint is automatically distributed by the system
to the Chief Ethics and Compliance Officer as well
as senior members of the Audit, Legal, and HR teams,
who decide what further action may be called for.
On a quarterly basis, the Senior Vice Presidentof Corporate Audit reports on whistleblower
complaints to FOX senior management and to the
Audit Committee of the Board of Directors.
The Chief Ethics and Compliance Officer also plays arole in the resolution of complaints, where warranted.
In addition, there may be certain circumstances
when a colleague or anyone with a complianceconcern believes that they cannot communicate thatconcern through regular channels. In such a situation,that person may communicate directly with the Lead
Director of FOX’s Board, by addressing a letter tothe attention of Lead Director, at Fox Corporation,
1211 Avenue of the Americas, New York, NY 10036.

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EDITORIAL GUIDELINES AND
BROADCAST STANDARDSThe First Amendment and the fundamental values
it embodies help define who we are and what we do.
As an important source of news, information, analysis
and media, we play a leading role in the marketplaceof ideas. Our flagship news properties are someof the most influential in history, and we respect
the significant responsibility that comes with beinga steward of the people’s right to know.

POLITICAL INVOLVEMENT
As outlined in our Political Activities Policy,
FOX has established standards concerning
political contributions and activities to ensurethat all employees and Company officers
comply with our requirements, including:• Prohibition or restriction of gifts to elected officials;• Requiring registration and disclosure of alllobbying activities and disclosure of politicalcontributions made by all registered lobbyists; and• Prohibition or restriction of political contributions
made by corporations.
FOX discloses all contributions from our Political
Action Committee here.

The core values of our entire
business — free press, free speech
and free expression — reflect ourcommitment to the people’s rightto know, to be informed, andto participate in the marketplaceof ideas.
FOX’s Standards of Business Conduct, Employee
Handbook, and Standards & Practices Program
Standards Manual confirm our position and
expectations regarding editorial independence
and broadcast standards.
Employees are required to read the policies andacknowledge that they have done so.

Lobbying expenditures are disclosed with the
Clerk of the U.S. House of Representatives.

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FOX is committed to:• Accuracy and editorial independence: Our news
organizations carefully vet sources and checkfacts, and we maintain strict separation between
revenue sources and our news and opinion content.
• Freedom of speech and the press: We zealously
guard and defend our journalists in their search
for the truth. Indeed, we believe so strongly inthese core values that we have often come tothe defense of our competitors, recognizing thata free press benefits all of us and requires the
support of each and every one of us.
• Protecting the newsgathering process:FOX protects the integrity of the entire
newsgathering and editorial process.
We safeguard the confidentiality of information,communications, and sources that our journalists
acquire in the course of their reporting.
We defend against external intrusion into theeditorial or thought processes of our newsroom
personnel, including the disclosure of drafts,
edits, or confidential newsroom discussions
about which stories merit publication.
We are committed to the independence of our
editorial judgments and will resist the attempts
of litigants, regulators, or other third parties
to infringe on them.

80• Respect cultural rights and diversity:
Various FOX programming and advertisingguidelines outline our expectations regarding
sensitivity to and respect for ethnic, religious,
sexual, and other areas of social concern.
• Equal access to content and services:
FOX networks are widely distributed (including
cable, satellite, and streaming), ensuring thatanyone can easily gain access to our content.
FOX News and FOX Business are available inapproximately 80 million U.S. households,
and the FOX Network covers approximately
99.9% of U.S. television households.
To ensure access for people with disabilities,
FOX provides closed captioning, video description,and visual access to emergency information.
• Promote responsible decision making by
appropriate audiences: We provide V-Chipratings and advisories, where applicable, on
all entertainment programming and promotions
longer than 10 seconds (excluding news and live
sports), allowing parents to block programs
they do not want children to watch.
• Protect intellectual property: We engage in faircompetition, protect our intellectual property, andrespect the intellectual property and proprietary
information of others. We do not seek or accept
the confidential information of competitors orbusiness partners to gain an improper commercial
advantage. We do not download or use copyrighted
materials – such as pictures, films or videos, music,
software, or source code without a proper license.

81FOX Defends
Free Speech
FOX and its teams routinely demonstrate theircommitment to press freedom by participating inimportant court cases and supporting nonprofit
partners that defend the rights of journalists.
For example, in 2012, a FOX investigative reporter
steadfastly refused to disclose her sources for anarticle regarding Colorado movie theater shooter,James Holmes. The reporter’s decision to honor
her promise to keep her sources confidential raised
the prospect that she would be held in contempt
and face jail time.

FOX fought for her rights under the New York media
shield law, and she was vindicated in 2013 when
Colorado’s high court ruled that “safeguarding
the anonymity of those who provide information in
confidence is perhaps the core principle of New York’s
journalistic privilege, as is evident from our colonial
tradition, the constitutional text and the legislative
history of the shield law.”
In 2018, the White House revoked the press accessof a CNN reporter following a verbal exchange with
the President at a news conference. One day after
CNN filed a lawsuit against the Trump Administration
to restore the reporter’s access, FOX announced
it would support CNN’s bid by filing its own brief
before the district court. Shortly thereafter,
the White House backed down from the fight andrestored the reporter’s access.
“Secret Service passes for working White House
journalists should never be weaponized.
While we don’t condone the growing antagonistic
tone by both the president and the press at recent
media avails, we do support a free press, accessand open exchanges for the American people,”- FOX News President and Executive Editor
Jay Wallace, November 2018

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In November 2019, FOX News became a partnerin the Protect Press Freedom campaign launchedby the Committee to Protect Journalists to create
public awareness about threats to press freedom.
Other members of the campaign include CNN,
The New York Times, Reuters, The Wall Street
Journal and The Washington Post.
In addition, for many years, FOX News and
FOX Television Stations have supported the Media
Law Resources Center (MLRC), founded in 1980 byleading American publishers and broadcasters toassist in defending and protecting free press rights
under the First Amendment. Today MLRC is supported
by more than 115 members, including leading
publishers, broadcasters, and cable programmers,
internet operations, media and professional tradeassociations, and media insurance professionals
in America and around the world.
Fox Corporation’s Standards & Practices Program
group reviews advertising and on-air promotional
material to confirm that it complies with regulatory
and network guidelines.

The Standards & Practices Program group maintains
records of all complaints received through these
portals as well as feedback passed to the network
via local stations. We use viewer feedback to review
our Standards & Practices judgments with regard
to content and scheduling.
FOX also participates in many industry initiatives andorganizations to promote media ethics, including:Entertainment Industries Council:
On October 10, 2019, FOX hosted a forum
for the organization, focused on the depictionof health issues in entertainment.
Leaders in topics from addiction and suicide
prevention to treatment and recovery, including
Surgeon General Dr. Jerome Adams andChief Clinical Officer at Psych Hub Dr. Keita
M. Franklin, attended and spoke.
TV Parental Guidelines Monitoring Board:
FOX is a member of this organization,
which is “responsible for ensuring there is as
much uniformity and consistency in applying
the Parental Guidelines as possible.”

Our business units maintain portals through which
viewers can provide feedback regarding the content
of programming, advertising, and on-air promotional
materials. The feedback portals relating to oursports and entertainment programming are availableat www.FOX.com and www.FOXSports.com, andwe will be implementing feedback portals at FOX
News Channel and FOX Business in the future.

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ADVERTISING ETHICS
The marketplace of ideas is where FOX and its
brands thrive. Our success rests on the principles offree expression, free inquiry, and freedom of choice.
That also holds true for our participation in thebusiness world generally, where we vigorously
protect our reputation for honesty, transparency,
and fair competition. Our credibility lies at the coreof our success, from the content we create to theadvertising that appears on our networks.
Our networks sell commercial announcement time
for the advertising of goods and services and forinstitutional advertising. We recognize that advertisingmust be truthful, appropriate, and comply with all
Federal Communications Commission, Federal Trade
Commission and legal requirements.
The FOX Network’s Advertiser Guidelines can befound here. These guidelines provide a comprehensive
set of standards covering, among other things,
stereotyping and other community sensibilities,
violence and anti-social behavior, and requirementsfor product claims to be fully substantiated.
The Advertiser Guidelines also mandate that every
commercial airing on the FOX Network must be
evaluated and approved in advance by FOX’sBroadcast Standards Department, which reserves
the right, at any time, to withdraw approval of acommercial spot.
FOX’s Standards & Practices Program group reviews
advertising and on-air promotional material to confirm
it complies with regulatory and network guidelines.
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OUR
PROTECTIONS
Our audiences welcome us into their homes andtheir lives through our content. We protect that
relationship by handling personal information
responsibly and with care. FOX uses commerciallyreasonable administrative, technical, personnel,
and physical measures designed to safeguard
information in its possession against loss, theft,
and unauthorized use, disclosure or modification.
DATA PRIVACY POLICY
FOX’s Privacy Policies are designed to provide
clarity and transparency about how we collect, use,
disclose, and retain user’s personal information.
These policies describe our businesses’ practices
concerning personal information collected throughservices, such as websites, mobile sites, andapplications. For example, FOX’s Privacy Policies
identify the sources of personal information,
the purposes for using personal information(such as to operate our businesses or provide our
products and services), and the categories of otherparties with whom that information is shared.
FOX’s Privacy Policies also provide various choices
for consumers to access and control their personal
information, including the ability to access and delete
their personal information.

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FOX also notifies users of changes to its privacy
policies, including informing users that they shouldlook at the Effective Date of the applicable policy to
see when it was last revised, and that any changes
will become effective when a revised policy is posted.
FOX treats personal information consistent withthese stated purposes, and we comply with noticerequirements under applicable law and consistent
with FOX’s incident response plan.
DATA PRIVACY PROGRAM
FOX has a dedicated Privacy Department, headedby two Co-Chief Privacy Officers who shareoversight and responsibility over the enterprise’s
privacy program.
The Privacy Department works closely with
FOX’s Information Security Department andChief Information Security Officer to ensure acoordinated and layered approach to protectinguser data. FOX participates in data privacy
industry organizations, including as a corporate
member of the International Association ofPrivacy Professionals.
FOX’s Co-Chief Privacy Officers are experts in theirfield and have spoken on privacy panels at industry
conferences including, the IAPP, the American Bar
Association Forum on Communications Law, and
the Privacy + Security Forum.

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DATA SECURITY
FOX has a dedicated Information Security department
headed by its Chief Information Security Officer.
FOX uses the NIST Cyber Security Framework forassessing the overall maturity of its cyber security
program, including how the program assesses andmitigates risks. An independent third-party auditing
firm annually assesses our adherence to the NIST
Framework and our program maturity against industry
benchmarks. The Chief Information Security Officer
updates the Audit Committee of the Board of Directors
quarterly on our cyber security program and on
progress against maturity improvement areas.
FOX also regularly employs internal and external
technical penetration testing and audit procedures
against our environments, including those systems,
products, and practices collecting or storing
confidential business and personal information -including user data -- in accordance with FOX’s
security policies. These tests are performed at theapplication, infrastructure, and network level byleading third party assessment firms.
FOX conducts annual mandatory companywide
cybersecurity compliance training, fosters
awareness during cybersecurity awareness month,releases monthly cybersecurity training videos,and conducts regular targeted employee training.
FOX also regularly conducts executive tabletop
exercises involving detailed and topical cybersecurity
scenarios.

91SUSTAINABILITYACCOUNTINGSTANDARDS BOARDDISCLOSURESThis index references the Fox Corporation informationin this report pertaining to standards applicable tocompanies classified by the Sustainability AccountingStandards Board (SASB) in the Media &Entertainment industry, as per SASB’s Sustainable
Industry Classification System®.

TOPIC

Media
Pluralism

Journalistic
Integrity &Sponsorship
Identification

Intellectual
Property
Protection &Media Piracy

CODE

SV-ME-260a.1

SV-ME-270a.3

SV-ME-520a.1

ACCOUNTING METRICFOX CORPORATION DISCLOSURE

Percentage of gender andracial/ethnic group representation for(1) management, (2) professionals,
and (3) all other employees

Of our U.S. full-time workforce in 2020,
40% identified as female and 32%
identified as persons of color.
At the Manager level, 47% are female and
33% are persons of color.
See page 76 for more information on
advancing diversity and inclusion at FOX.

Description of approach for ensuring
journalistic integrity of news
programming related to:(1) truthfulness, accuracy,
objectivity, fairness, andaccountability, (2) independenceof content and/or transparency ofpotential bias, and (3) protectionof privacy and limitation of harm.

As an important source of news,
information, analysis and media, werecognize our responsibility to build
a culture of trust, integrity and ethicalbehavior. Read more in the “Editorial
Guidelines and Broadcast Standards”
section of this report on page 76.

Description of approach to ensuring
intellectual property (IP) protection

We always engage in fair competition,
protect our intellectual property,
and respect the intellectual property
and proprietary information of others.
Read more in the “Editorial Guidelines
and Broadcast Standards” sectionof this report on page 76.

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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
STATEMENTS
Certain statements in this report may constitute “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Words such as “may,” “will,” “anticipate,”“expect,” “intend,” “plan,” “believe,” “estimate,” “committed,” “desire,”“seek,” “plan” and similar expressions are used to identify theseforward-looking statements. These statements are based on
management’s current expectations and beliefs and are subject touncertainty and changes in circumstances. Actual results may varymaterially from those expressed or implied by the statements inthis report due to changes in economic, business, competitive,
technological, strategic and/or regulatory factors, the impact ofcoronavirus disease 2019 and other widespread health emergencies
or pandemics and measures to contain their spread, and otherfactors affecting the operation of the business of Fox Corporation,
the achievement of the goals, targets and commitments and theimplementation or continuation of the programs described in thisreport. More detailed information about risk factors affecting FOX
Corporation is contained in the documents FOX Corporation has
filed with or furnished to the Securities and Exchange Commission,
including its Annual Report on Form 10-K.
Statements in this report speak only as of the date they were made,and Fox Corporation undertakes no duty to update or release any
revisions to any forward-looking statement made in this report orto report any events or circumstances after the date of this reportor to reflect the occurrence of unanticipated events or to conformsuch statements to actual results or changes in Fox Corporation’s
expectations, except as required by law.

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