Company: FOX
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001628280-25-042772
Chunk: 33

Company: Fox Corp
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 33
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, strategy, business development, distribution, real estate and human capital functions.

• Mr. Tomsic, the Company’s Chief Financial Officer, has been employed by the Company and its predecessors for over 20 years. He previously served as Deputy Chief Financial Officer of 21CF for two years. He currently oversees all of our corporate and operational finance activities, including capital markets and merger and acquisition transactions, treasury, risk management, tax, financial planning and analysis, accounting and external reporting.

• Mr. Ciongoli, the Company’s Chief Legal and Policy Officer, has been employed by the Company since 2023. He previously served as Executive Vice President, General Counsel and Chief Sustainability, Corporate Responsibility and Governance Officer at Campbell Soup Company where he was also a member of the Operating Committee. He currently oversees all legal, compliance, and regulatory matters and directs government affairs.

Consistent with our philosophy of a leanly-staffed executive team, our four named executive officers for fiscal 2025 are also all of the executive officers of the Company.

| Compensation Design Principles |

The Compensation Committee evaluates the compensation program for our named executive officers with the aim of (a) creating a holistic program to align the interests of our named executive officers with those of our stockholders, (b) maintaining the Company’s competitive position as a best-in-class employer and (c) encouraging retention of key talent who are uniquely positioned to drive performance and deliver results for our key stakeholders. In light of these goals, the Compensation Committee designs a compensation program for our named executive officers in accordance with the following principles:

| Drive performance without encouraging unnecessary or excessive risk-taking |

• A major portion of target compensation of our named executive officers is variable and performance-based.

• Our compensation program features a balanced combination of annual and long-term elements along with fixed and performance-based components.

• We cap payouts for annual and long-term performance-based incentives and incorporate risk mitigation features into our compensation program.

| Ensure policies and practices support long-term value creation for stockholders |

• The majority of our named executive officers’ annual pay is at risk and tied to financial, strategic, and share price-related goals, as well as shareholder return.

• Long-term performance-based incentives awarded to our named executive officers are based on challenging three-year performance objectives.

• We maintain robust stock ownership guidelines for named executive officers and non-executive Directors.

• We regularly review stock utilization and overhang.

| 20 |     | 2025 Proxy Statement |

#### COMPENSATION DISCUSSION AND ANALYSIS
|