Company: FOX
Filing Date: 2025-09-09
Form Type: 424B7
Source: 0001193125-25-199168
Chunk: 14

Company: Fox Corp
Filing Date: 2025-09-09
Form: 424B7
Chunk 14
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. Murdoch, also serves as the Chair of News Corp. This ownership of, or service to, both companies may create, or may create the appearance of, conflicts of interest when these individuals are faced with decisions that could have different implications for the Company and News Corp. For example, potential conflicts of interest could arise in connection with the resolution of any dispute that may arise between the Company and News Corp regarding the terms of the agreements governing the indemnification of certain matters. In addition to any other arrangements that the Company and News Corp may agree to implement, the Company and News Corp have agreed that officers and directors who serve at both companies will recuse themselves from decisions where conflicts arise due to their positions at both companies. The Company’s amended and restated bylaws acknowledge that the Company’s directors and officers, as well as certain of its stockholders, including K. Rupert Murdoch, certain members of his family and certain family trusts (so long as such persons continue to own, in the aggregate, 10% or more of the voting stock of each of the Company and News Corp), each of which is referred to as a covered stockholder, are or may become stockholders, directors, officers, employees or agents of News Corp and certain of its affiliates. The amended and restated bylaws of the Company provide that any such overlapping person will not be liable to the Company, or to any of its stockholders, for breach of any fiduciary duty that would otherwise exist because such individual directs a corporate opportunity to News Corp instead of the Company. The provisions in the amended and restated bylaws of the Company could result in an overlapping person submitting any corporate opportunities to News Corp instead of the Company. Certain provisions of the Company’s amended and restated certificate of incorporation, the Company’s amended and restated bylaws, Delaware law and the ownership of the Company’s common stock by LGC Holdco may discourage takeovers and the concentration of ownership will affect the voting results of matters submitted for stockholder approval. The Company’s amended and restated certificate of incorporation and amended and restated bylaws contain certain anti-takeover provisions that may make a tender offer, change in control, or takeover attempt that is opposed by the Board of Directors or certain stockholders holding a significant percentage of the voting power of the Company’s outstanding voting stock more difficult or expensive. In particular, the amended and restated certificate of incorporation and amended and restated bylaws provide for, among other things:

| • |     | a dual class common equity capital structure