Company: FOX
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001628280-25-042772
Chunk: 74

Company: Fox Corp
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 74
---
IVE COMPENSATION
<div align='center'>Compensation Actually Paid vs Adjusted EBITDA</div>

| 2025 Proxy Statement |     | 45 |

### NON-EXECUTIVE DIRECTOR COMPENSATION
Directors’ fees are not paid to Directors who are executives or employees of the Company because the responsibilities of Board membership are considered in determining compensation paid as part of the executives’ normal employment conditions.

The basic fees payable to the Directors who are not executives of the Company (collectively, the “Non-Executive Directors”) are set by the Board. During fiscal 2025, the Compensation Committee reviewed Director compensation against the Company’s peers and considered the appropriateness of the form and amount of Director compensation and recommendations made by FW Cook concerning Director compensation with a view toward attracting and retaining qualified Directors. The Compensation Committee believes that compensation for Non-Executive Directors should be competitive and fairly reflect the work and skills required for a company of FOX’s size and complexity. The Compensation Committee also believes that Non-Executive Director compensation should emphasize equity-based compensation in order to align Directors’ interests with the long-term interests of stockholders.

Taking into account the recommendations of FW Cook, the fact that the Non-Executive Director compensation program had not been changed since the Company's inception in 2019, and the practice of our peers, in June 2024, the Board approved, effective immediately following the Non-Executive Directors' election at the 2024 Annual Meeting of Stockholders (i) an increase in the annual deferred stock unit portion of the Non-Executive Director compensation from $195,000 to $225,000 and (ii) an increase in the additional annual cash retainer for the Audit Committee and Nominating and Corporate Governance Committee Chairs by $5,000 to $30,000 and $20,000, respectively.

During fiscal 2025, the Non-Executive Directors were Mr. Abbott, Mr. Burck, Mr. Carey, Mr. Hernandez, Ms. Johnson and Mr. Ryan. The annual retainers paid to the Non-Executive Directors for service on the Board and its committees for fiscal 2025 and for the upcoming fiscal year are set forth in the table below.

| Annual Cash Retainer                                                 |     | $ |     | 100,000 |
| Annual Stock-Settled Deferred Stock Units (“DSU”) Retainer           |     | $ |     | 225,000 |
| Audit Committee Chair Annual Retainer                                |     | $ |     |