Company: FOX
Filing Date: 2025-09-09
Form Type: 424B7
Source: 0001193125-25-199168
Chunk: 19

Company: Fox Corp
Filing Date: 2025-09-09
Form: 424B7
Chunk 19
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8, 2025, the Company terminated the Previous Stockholders Agreement with the MFT and entered into a New Stockholders Agreement with the LGC Family Trusts and LGC Holdco. See “Prospectus Supplement Summary—Recent Developments—New Stockholders Agreement.” Lachlan K. Murdoch, a direct beneficiary of the MFT and one of the LGC Family Trusts and an indirect beneficiary of LGC Holdco, is the Executive Chair and Chief Executive Officer of FOX. We have been informed that subject to and conditioned upon closing of this offering, LGC Holdco will acquire, through the concurrent transfers, all of the remaining shares of Class A common stock and Class B common stock held by the Departing Member Trusts that are not sold in this offering; and that the Departing Member Trusts will receive cash for the sale of all of the shares of Class A common stock and Class B common stock held by them, including from the proceeds of this offering. We have been informed that: (i) Cruden will initially serve as the trustee of the LGC Family Trusts and the Departing Member Trusts and as the sole manager of LGC Holdco; (ii) following consummation of the Transactions and this offering, Cruden will automatically cease to serve as the trustee of the Departing Member Trusts; and (iii) separately, following consummation of the Transactions and this offering, Cruden will be replaced by Cruden 2 as the trustee and the sole manager of the LGC Family Trusts and LGC Holdco, respectively. We have been informed that, following the consummation of the Transactions and this offering:

| • |     | LGC Holdco will be the beneficial owner of 19,000 shares of our Class A common stock and                                                                                                                                           
 85,372,810 shares of our Class B common stock, constituting less than 0.1% and approximately 36.2% of the total number of outstanding shares of our Class A common stock and our Class B common stock, respectively, in each case, 
 based on the number of shares outstanding as of August 1, 2025;                                                                                                                                                                    |

| • |     | Cruden 2 will become the sole manager of LGC Holdco with the power to vote and to dispose, or direct the vote and 
 disposition, of the shares of Class A common stock and Class B common stock owned by LGC Holdco;                  |

| • |     | The decisions