Company: FOX
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001628280-25-042772
Chunk: 44

Company: Fox Corp
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 44
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 |     | •Continued to provide training to all of our employees on FOX’s Standards of Business Conduct and other key policies that further integrity and ethics, including FOX’s Preventing Harassment, Discrimination and Retaliation Policy.                                                                                                                                                                                                      
 •Promoted culture and belonging through our approach to talent recruitment, development and retention, fostered employee career growth through increased enrollment in FOX leadership training programs and investment in our early career development and mentorship programs to build the pipeline of next generation of leaders and storytellers, and welcomed approximately 550 students to the FOX Internship Program in fiscal 2025. 
 •Provided ongoing oversight of the Company’s risk management framework covering various risk factors, such as defamation, with enterprise-level training and compliance processes in place to support the Company’s consistent and existing high standards.                                                                                                                                                                                |

In order to determine the extent to which the qualitative portion of the Annual Incentive Compensation was achieved, the Compensation Committee evaluated the previously-established qualitative performance factors against the fiscal 2025 achievements described above, as well as other factors that emerged over the course of the fiscal year that impacted the Company’s performance. The Compensation Committee weighted each qualitative performance factor equally when evaluating the achievement of such performance factor as a part of the entire qualitative portion of the Annual Incentive Compensation. In addition, the Compensation Committee determined that each of our named executive officers contributed equally to the achievements described above for each qualitative performance factor, and therefore the extent to which the qualitative performance factors were achieved was applied uniformly to the Annual Incentive Compensation of each named executive officer. The Compensation Committee determined that the named executive officers, individually and as a group, significantly exceeded the qualitative performance objectives defined at the start of the year. This strong performance contributed to robust shareholder returns in fiscal 2025 and, as a result, the Compensation Committee awarded 175% of the target qualitative portion of the Annual Incentive Compensation to the named executive officers.

In light of the Compensation Committee’s consideration of these factors, the Compensation Committee confirmed the payout multiples set forth below and calculated the Annual Incentive Compensation, which was paid in cash, as follows:

| Named Executive Officers |     | Quantitative Performance 
 75% of                   
 Target                   |           |     | Multiple |     | Subtotal |           |     | Qualitative Performance 
 25% of                  
 Target                  |           |     | Multiple |     | Subtotal |           |     | Total |            |
|:-------------------------|:----|:-------------------------|----------:|