Document:

EX-10.1

 Exhibit 10.1 

Form of Contingent Value Rights Agreement 

between 
 Lantheus Holdings,
Inc. 
 and 

[●] 
 as
Rights Agent 
 Dated as of [●], 2020 

 Table of Contents 

 

							
	 	 	 	  	Page	 
	ARTICLE I DEFINITIONS; INTERPRETATION	  	 	1	 
	Section 1.01	 	 Definitions
	  	 	1	 
	Section 1.02	 	 Interpretation
	  	 	3	 
		
	ARTICLE II CONTINGENT VALUE RIGHTS	  	 	5	 
	Section 2.01	 	 Holders of CVRs; Appointment of Rights Agent
	  	 	5	 
	Section 2.02	 	 Nontransferable
	  	 	6	 
	Section 2.03	 	 No Certificate; Registration; Registration of Transfer; Change of Address
	  	 	6	 
	Section 2.04	 	 Payment Procedures
	  	 	7	 
	Section 2.05	 	 No Voting, Dividends or Interest; No Equity or Ownership Interest
	  	 	8	 
	Section 2.06	 	 Ability to Abandon CVRs
	  	 	8	 
		
	ARTICLE III THE RIGHTS AGENT	  	 	9	 
	Section 3.01	 	 Certain Duties and Responsibilities of the Rights Agent
	  	 	9	 
	Section 3.02	 	 Certain Rights of the Rights Agent
	  	 	9	 
	Section 3.03	 	 Resignation and Removal; Appointment of Successor
	  	 	10	 
	Section 3.04	 	 Acceptance of Appointment by Successor
	  	 	10	 
		
	ARTICLE IV COVENANTS	  	 	10	 
	Section 4.01	 	 List of Holders
	  	 	10	 
	Section 4.02	 	 Net Sales Statement
	  	 	10	 
	Section 4.03	 	 Independent Accountant Review
	  	 	11	 
	Section 4.04	 	 Efforts
	  	 	12	 
	Section 4.05	 	 Assignment Transactions
	  	 	12	 
	Section 4.06	 	 Consolidation, Merger, Sale or Conveyance
	  	 	12	 
		
	ARTICLE V AMENDMENTS	  	 	13	 
	Section 5.01	 	 Amendments Without Consent of Holders or Rights Agent
	  	 	13	 
	Section 5.02	 	 Amendments With Consent of Holders
	  	 	13	 
	Section 5.03	 	 Amendments Affecting Rights Agent
	  	 	14	 
	Section 5.04	 	 Effect of Amendments
	  	 	14	 
		
	ARTICLE VI MISCELLANEOUS	  	 	14	 
	Section 6.01	 	 Notices to Rights Agent and Lantheus
	  	 	14	 
	Section 6.02	 	 Notice to Holders
	  	 	15	 
	Section 6.03	 	 Entire Agreement
	  	 	15	 
	Section 6.04	 	 Successors and Assigns
	  	 	15	 
	Section 6.05	 	 Benefits of Agreement
	  	 	15	 
	Section 6.06	 	 Governing Law
	  	 	15	 
	Section 6.07	 	 Consent to Jurisdiction; Service of Process; Venue
	  	 	15	 
	Section 6.08	 	 WAIVER OF JURY TRIAL
	  	 	16	 
	Section 6.09	 	 Further Assurances
	  	 	16	 
	Section 6.10	 	 Severability
	  	 	16	 
	Section 6.11	 	 Headings
	  	 	16	 
	Section 6.12	 	 Counterparts
	  	 	16	 
	Section 6.13	 	 Termination
	  	 	16	 
	Section 6.14	 	 Legal Holidays
	  	 	17	 

 THIS CONTINGENT VALUE RIGHTS AGREEMENT, dated as of [•], 2020
(this “Agreement”), is entered into by and between Lantheus Holdings, Inc., a Delaware corporation (“Lantheus”), and [•], a [•] (the “Rights
Agent”). 
 W I T N E S E T H : 

WHEREAS, Progenics Pharmaceuticals, Inc., a Delaware corporation (“Progenics”), Lantheus and Plato Merger Sub, Inc., a
Delaware corporation (“Merger Sub”), have entered into an Amended and Restated Agreement and Plan of Merger, dated as of February 20, 2020 (as it may be further amended from time to time, the “Merger
Agreement”), pursuant to which Merger Sub will merge with and into Progenics (the “Merger”), with Progenics surviving the Merger as a wholly owned subsidiary of Lantheus; and 

WHEREAS, pursuant to the Merger Agreement, and in accordance with the terms and conditions thereof, Lantheus has agreed to provide Holders (as
defined below) one contractual contingent value right per share of Company Common Stock (the “CVR”) that will entitle such Holders to receive up to two contingent cash payments upon the achievement of certain milestones as
hereinafter described in accordance with the terms hereof and of the Merger Agreement. 
 NOW, THEREFORE, in consideration of the premises
and the consummation of the transactions referred to above, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, it is mutually covenanted and agreed, for the proportionate benefit of all
Holders (as defined below), as follows: 
 ARTICLE I 

DEFINITIONS; INTERPRETATION 

Section 1.01 Definitions. Capitalized terms used but not otherwise defined herein shall have the
meanings ascribed thereto in the Merger Agreement. The following terms shall have the following meanings: 
 “Acting
Holder(s)” means any Holder or Holders of at least thirty percent (30%) of the outstanding CVRs as set forth on the CVR Register. 

“CVR” has the meaning set forth in the Recitals. 

“Diligent Efforts” means, with respect to PyL Product, a level of effort, expertise and resources consistent with those
efforts, expertise and resources normally used by Persons in the medical diagnostics business similar in size and resources to Lantheus and its Affiliates with respect to developing, seeking regulatory approval for and commercializing a product or
product candidate that is of similar market potential at a similar stage in its development or product life to PyL Product; provided, however, that the potential Net Sales Payments under this Agreement shall not be taken into account
in determining the level of efforts to be asserted. 
 “DTC” means The Depository Trust Company or any successor thereto.

 “FDA Approval” means all approvals from the United States Food and Drug Administration necessary for the commercial
marketing and sale of a PyL Product in the United States. 
 “First Net Sales Measuring Period” means the one-year period beginning January 1, 2022 and ending on December 31, 2022. 

“GAAP” means generally accepted accounting principles, as applied in the United States. 

 “Holder” means, at the relevant time, a Person in whose name a CVR is
registered in the CVR Register. 
 “Independent Accountant” means an independent accounting firm that is one of the
“Big Four” accounting firm to be (a) mutually agreed to by the Acting Holders and Lantheus or (b) if such parties cannot mutually agree, mutually agreed to by an independent public accounting firm selected by the Acting Holders
and an independent public accounting firm selected by Lantheus. 

“In-the-Money Option” shall be as defined in
the Merger Agreement. 
 “Net Sales” means, for each Net Sales Measuring Period, the gross amounts invoiced for sales of
PyL Product in the United States by or on behalf of Lantheus or its Affiliates or any licensee or sublicensee, to third parties during such Net Sales Measuring Period calculated in accordance with GAAP and Lantheus’ internal audited system used
to report such sales consistently applied to Lantheus’ other products, less the following deductions (each, a “Permitted Deduction”) from such gross amounts which are actually incurred, allowed or accrued:
(a) credits or allowances for damaged products, returns, rejections or recalls of PyL Product and bad debt (provided that, with respect to bad debt, any such Permitted Deductions shall not exceed two percent (2%) of such gross amounts
for the applicable Net Sales Measuring Period), price adjustments or billing corrections to the extent specifically identifiable to PyL Product; (b) normal and customary trade, cash and quantity discounts, allowances and credits;
(c) chargeback payments and rebates (or the equivalent thereof); (d) any invoiced freight, postage, shipping, insurance, handling and other transportation charges; and (e) sales, use, value-added (to the extent not refundable in accordance
with applicable Law), and excise Taxes, tariffs and duties, surcharges and other governmental charges and other taxes directly related to the sale (but not including taxes assessed against the income derived from such sale). For the avoidance of
doubt, if a single item falls into more than one of the categories set forth in clauses (a) through (e) above, such item may not be deducted more than once. For the avoidance of doubt, Net Sales shall not include (x) sales among Lantheus
and its Affiliates, licensees and sublicensees, but shall arise upon the sale by Lantheus or its Affiliates, licensees or sublicensees to unrelated third parties, such as end users, wholesalers, retailers and distributors (except where such licensee
or sublicensee is an end user of PyL Product, in which case such sales shall not be excluded from Net Sales), (y) the use, transfer or other disposition of a PyL Product at or below cost in connection with research and/or development, clinical
trials, compassionate use programs, for use as samples, or as donations to non-profit institutions or government agencies and (z) any amounts received resulting from sales of PyL Product outside of the
United States, including, without limitation, any income, royalties or transfer payments, including any such amounts payable pursuant to that certain License Agreement, dated December 31, 2018, by and between Progenics and Curium Netherlands
Holding B.V. 
 “Net Sales Measuring Period” means each of the First Net Sales Measuring Period and the Second Net Sales
Measuring Period. 
 “Net Sales Payment” means (a) with respect to the First Net Sales Measuring Period, an
amount equal to forty percent (40%) of that portion of Net Sales during the First Net Sales Measuring Period that exceeds One Hundred Million Dollars ($100,000,000) and (b) with respect to the Second Net Sales Measuring Period, an amount equal
to forty percent (40%) of that portion of Net Sales during the Second Net Sales Measuring Period that exceeds One Hundred Fifty Million Dollars ($150,000,000). 

“Net Sales Payment Dates” means as soon as reasonably practicable but no later than the thirtieth (30th) day after the end of the Review Request Period pursuant to Section 4.02(b) for the applicable Net Sales Measuring Period in respect of which a Net Sales Payment is due.

 “Net Sales Statement” means, with respect to each Net Sales Measuring Period, the written statement of Lantheus,
certified by the Chief Financial Officer of Lantheus, setting forth with reasonable detail (i) an itemized calculation of the gross amounts invoiced by or on behalf of Lantheus or its Affiliates or any licensee or sublicensee for PyL Product
(as set forth in the definition of Net Sales) and (ii) an itemized calculation of the Permitted Deductions. The Net Sales Statement shall be calculated in accordance with the terms of this Agreement and GAAP. 

  
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 “Officers’ Certificate” means a certificate signed by the chief
executive officer and the chief financial officer of Lantheus, in their respective official capacities. 
 “Out-of-the-Money Option” shall be as defined in the Merger Agreement. 

“Permitted Transfer” means a transfer of one or more CVRs (a) upon death by will or intestacy; (b) by instrument to
an inter vivos or testamentary trust in which the CVRs are to be passed to beneficiaries upon the death of the trustee; (c) made pursuant to a court order; (d) made by operation of law (including a consolidation or merger) or
without consideration in connection with the dissolution, liquidation or termination of any corporation, limited liability company, partnership or other entity; (e) in the case of CVRs payable to a nominee, from a nominee to a beneficial owner
(and, if applicable, through an intermediary) or from such nominee to another nominee for the same beneficial owner, in each case as allowable by DTC; or (f) as provided in Section 2.06. 

“PyL Product” means any product, including all forms, presentations, doses and formulations, containing ((3-{1-Carboxy-5-[(6-[18F] fluoro-pyridine-3-carbonyl)-amino]-pentyl}-ureido)-pentanedioic acid), referred to as [18F] DCFPyL, whether as the sole ingredient or in combination with other ingredients or
products. 
 “Rights Agent” means the Rights Agent named in the first paragraph of this Agreement, until a successor Rights
Agent shall have become such pursuant to the applicable provisions of this Agreement, and thereafter “Rights Agent” shall mean such successor Rights Agent. 

“Second Net Sales Measuring Period” means the one-year period beginning
January 1, 2023 and ending on December 31, 2023. 
 “United States” means the United States of America, including
its territories and possessions. 
 “Unvested
In-the-Money Option” shall be as defined in the Merger Agreement. 

“Vested In-the-Money Option” shall be as
defined in the Merger Agreement. 
 Section 1.02 Interpretation. When a reference is made in this
Agreement to an Article or Section, such reference shall be to an Article or Section of this Agreement unless otherwise indicated. The table of contents and headings contained in this Agreement are for reference purposes only and shall not affect in
any way the meaning or interpretation of this Agreement. Whenever the words “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without
limitation”. The definitions contained in this Agreement are applicable to the singular as well as the plural forms of such terms. The Parties have participated jointly in the negotiation and drafting of this Agreement. In the event an
ambiguity or question of intent or interpretation arises, this Agreement shall be construed as drafted jointly by the Parties and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any
provisions of this Agreement. The words “hereby,” “herein,” “hereof,” “hereunder” and words of similar import refer to this Agreement as a whole (including any Exhibits hereto and Schedules delivered herewith)
and not merely to the specific section, paragraph or clause in which such word appears. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. Except as otherwise expressly provided
herein, all references to “Dollars” or “$” shall be deemed references to the lawful money of the United States of America. Any reference in this Agreement to a date or time shall be deemed to be such date or time in the City of
New York, New York, U.S.A., unless otherwise specified. Any reference to a number of days shall refer to calendar days unless Business Days are specified. References to any statute, rule or regulation are

  
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to the statute, rule or regulation as amended, modified, supplemented or replaced from time to time (and, in the case of statutes, include any rules and regulations promulgated under said
statutes) and to any section of any statute, rule or regulation including any successor to said section. All terms defined in this Agreement have the defined meanings when used in any certificate or other document made or delivered pursuant hereto,
unless otherwise defined therein. When reference is made herein to a Person, such reference shall be deemed to include all direct and indirect Subsidiaries of such Person unless otherwise indicated or the context otherwise requires. The terms
“or”, “any” and “either” are not exclusive. The word “extent” in the phrase “to the extent” shall mean the degree to which a subject or other thing extends, and such phrase shall not mean simply
“if”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. 
  

			
	Index of Defined Terms	  	
		
	Acting Holder(s)	  	Section 1.01
		
	Agreement	  	Introduction
		
	Assignee	  	Section 6.04
		
	Assignment Transaction	  	Section 4.05
		
	Code	  	Section 2.04(c)
		
	CVR	  	Recitals
		
	CVR Register	  	Section 2.03(b)
		
	CVR Shortfall	  	Section 4.03
		
	Diligent Efforts	  	Section 1.01
		
	DTC	  	Section 1.01
		
	FDA Approval	  	Section 1.01
		
	Final Statement	  	Section 4.03
		
	First Net Sales Measuring Period	  	Section 1.01
		
	GAAP	  	Section 1.01
		
	Holder	  	Section 1.01
		
	Independent Accountant	  	Section 1.01
		
	In-the-Money Option	  	Section 1.01
		
	Lantheus	  	Introduction
		
	Loss	  	Section 3.02(e)
		
	Merger	  	Recitals
		
	Merger Agreement	  	Recitals
		
	Merger Sub	  	Recitals

  
 4 

			
	Net Sales	  	Section 1.01
		
	Net Sales Measuring Period	  	Section 1.01
		
	Net Sales Payment	  	Section 1.01
		
	Net Sales Payment Dates	  	Section 1.01
		
	Net Sales Statement	  	Section 1.01
		
	Officers’ Certificate	  	Section 1.01
		
	Out-of-the-Money Option	  	Section 1.01
		
	Permitted Deductions	  	Section 1.01
		
	Permitted Transfer	  	Section 1.01
		
	Preliminary Statement	  	Section 4.03
		
	Preliminary Statement Review Period	  	Section 4.03
		
	Progenics	  	Recitals
		
	PyL Product	  	Section 1.01
		
	Review Request Period	  	Section 4.02(b)
		
	Rights Agent	  	Introduction
		
	Sale Transaction	  	Section 4.06
		
	Second Net Sales Measuring Period	  	Section 1.01
		
	United States	  	Section 1.01
		
	Unvested In-the-Money Option	  	Section 1.01
		
	Vested In-the-Money Option	  	Section 1.01

 ARTICLE II 

CONTINGENT VALUE RIGHTS 

Section 2.01 Holders of CVRs; Appointment of Rights Agent. 

(a) Pursuant to the terms of the Merger Agreement, each holder of any shares of Company Common Stock shall be entitled to one CVR for each
such share. 
 (b) Pursuant to the terms of the Merger Agreement, each holder of a Vested In-the-Money Option shall be entitled to one CVR for each share of Company Common Stock subject to such option. 

(c) Pursuant to the terms of the Merger Agreement, each holder of an Unvested
In-the-Money Option shall be entitled to one unvested CVR for each share of Company Common Stock corresponding to such option, provided that such unvested CVR
will be subject to vesting upon the same 

  
 5 

 
time-vesting schedule that applied to the corresponding In-the-Money Option, provided, further, that
if the holder of such unvested CVR is employed or in the service of Lantheus, the Surviving Corporation or one of their Subsidiaries on the date a payment is due under this Agreement, then such unvested CVR will be deemed vested on such date with
respect to such payment. In the event that the employment or other service with Lantheus, the Surviving Corporation or one of their Subsidiaries of a holder of an unvested CVR is terminated prior to the vesting of the unvested CVR for any reason
that would trigger the forfeiture of the corresponding Unvested In-the-Money Option, such unvested CVR will be forfeited without payment. 

(d) Lantheus hereby appoints the Rights Agent to act as rights agent for Lantheus in accordance with the express terms and conditions set
forth in this Agreement, and the Rights Agent hereby accepts such appointment. 
 Section 2.02
Nontransferable. CVRs may not be sold, assigned, transferred, pledged, encumbered or disposed of in any other manner, in whole or in part, other than pursuant to a Permitted Transfer. Any attempted sale, assignment, transfer, pledge,
encumbrance or disposition of CVRs, in whole or in part, in violation of this Section 2.02 shall be void ab initio and of no effect. 

Section 2.03 No Certificate; Registration; Registration of Transfer; Change of Address. 

(a) CVRs shall not be evidenced by a certificate or other instrument. 

(b) The Rights Agent shall keep a register (the “CVR Register”) for the purposes of (i) identifying the Holders of CVRs
and (ii) registering CVRs and Permitted Transfers thereof. The CVR Register will initially show one position for Cede & Co. representing all of the CVRs issued to the former holders of Company Common Stock held by DTC on behalf of the
former street holders of Company Common Stock. 
 (c) Without limiting the restriction on transferability set forth in
Section 2.02, every request made to transfer a CVR must be in writing and accompanied by a written instrument of transfer and other requested documentation in a form reasonably satisfactory to the Rights Agent, duly
executed by the registered Holder or Holders thereof, or by the duly appointed legal representative, personal representative or survivor of such Holder or Holders, setting forth in reasonable detail the circumstances relating to the transfer
demonstrating that such proposed transfer is a Permitted Transfer. Upon receipt of such written notice, the Rights Agent shall notify Lantheus that it has received such written notice. Upon receipt of such notice from the Rights Agent, Lantheus
shall in good faith reasonably determine whether the transfer is a Permitted Transfer and otherwise complies with the other terms and conditions of this Agreement, and if Lantheus so reasonably determines that such transfer does so comply, Lantheus
shall instruct the Rights Agent in writing to register the transfer of the applicable CVRs in the CVR Register. All duly transferred CVRs registered in the CVR Register shall be the valid obligations of Lantheus, evidencing the same right, and
entitling the transferee to the same benefits and rights under this Agreement, as those held by the transferor. No transfer of a CVR shall be valid until registered in the CVR Register in accordance with this Agreement. Any transfer or assignment of
CVRs shall be without charge (other than the cost of any stamp, documentary, transfer Tax or similar Tax or charge) to the applicable Holder. Lantheus and the Rights Agent may require the Holder proposing to make a Permitted Transfer to pay a sum
sufficient to cover any stamp, documentary, transfer or other similar Tax or charge that is imposed in connection with any such registration of transfer. 

(d) A Holder may make a written request to the Rights Agent to change such Holder’s address of record in the CVR Register. Such written
request must be duly executed by such Holder. Upon receipt of such written request, the Rights Agent shall promptly record the change of address in the CVR Register. 

  
 6 

 Section 2.04 Payment Procedures. 

(a) Payments to Rights Agent. On each Net Sales Payment Date, Lantheus shall pay to the Rights Agent, by wire transfer to the account
designated by the Rights Agent, an amount in U.S. Dollars comprising the Net Sales Payment due, if any, in respect of the Net Sales Measuring Period ended immediately preceding such Net Sales Payment Date. No later than seven (7) calendar days
after the applicable Net Sales Payment Date, the Rights Agent will then distribute the Net Sales Payment to the Holders, pro rata, based on the number of CVRs held by each Holder as of such date, by distributing the applicable amount to each Holder
in accordance with Section 2.04(b), in accordance with instructions solicited by the Rights Agent from, and provided by, the respective Holders. Except as set forth in Section 4.03 of this
Agreement, following delivery of such Net Sales Payment to the Rights Agent, Lantheus will have no further liability or obligation to any Person with respect thereto. 

(b) Payments to Holders. With respect to any Net Sales Payment that is payable pursuant to this Agreement, the Rights Agent shall pay
the applicable amount to each of the Holders (the amount to which each Holder is entitled to receive will be based on the number of CVRs held by each Holder as of such Net Sales Payment Date) by (i) check mailed to the address of each Holder as
reflected on the CVR Register as of the close of business on the last Business Day prior to such payment date or (ii) with respect to Holders that are due amounts equal to or in excess of One Million Dollars ($1,000,000) in the aggregate who
have provided Lantheus with wire transfer instructions in writing, the Rights Agent will make payments by wire transfer of immediately available funds to the account specified in the written instructions of Lantheus. Lantheus shall cause the Rights
Agent, on behalf of and at the expense of Lantheus, to mail with (or, in the case of payments made to Holders who have provided Lantheus with wire instructions, at the same time as) each payment made, a copy of the Net Sales Statement to which such
payment relates. Notwithstanding the foregoing, with respect to any Net Sales Payment that is payable to Holders of CVRs granted with respect to Vested In-the-Money
Options and Unvested In-the-Money Options pursuant to Section 2.01(b) and (c) hereof, the Rights Agent shall pay the applicable
amount to Progenics or Lantheus, as applicable, and Lantheus shall pay or cause Progenics to pay each such Holder the applicable amount through the Progenics or Lantheus payroll system, as applicable (subject to any applicable Tax withholding). 

(c) Withholdings. Lantheus, Progenics and the Rights Agent (and any of their respective representatives) shall be entitled to deduct
and withhold, or cause to be deducted or withheld, from any amounts otherwise payable pursuant to this Agreement, such amounts as it is required to deduct and withhold with respect to the making of such payment under the Internal Revenue Code of
1986, as amended (the “Code”), Treasury Regulations promulgated thereunder, or any provision of United States state, local or foreign Tax Law. To the extent that such amounts are so withheld and paid over to or deposited with the
relevant governmental entity, such amounts shall be treated for all purposes of this Agreement as having been paid to the Holder in respect of which such deduction, withholding and payment was made. Lantheus, Progenics and the Rights Agent (and
their respective representatives) will use commercially reasonable efforts to request any necessary Tax forms, including a U.S. Internal Revenue Service Form W-2, W-9 or
the appropriate series of U.S. Internal Revenue Service Form W-8, as applicable, or any similar information from persons entitled to payment pursuant to this Agreement and such persons shall promptly
provide such documents or information upon request. 
 (d) Investment of Funds. The Rights Agent shall hold any cash held by it for
payment to the Holders in a custodial account, non-interest bearing account or otherwise, as reasonably directed by Lantheus in writing. Solely to the extent directed by Lantheus to be invested in an interest
bearing accounting or otherwise, any interest and other income resulting from such investment shall be treated as earned by Lantheus for income Tax purposes and shall promptly be paid to Lantheus or an Affiliate of Lantheus, as directed by Lantheus
in writing (subject to any applicable Tax withholding). The Rights Agent shall comply with all its information reporting obligations as required by applicable Law, including but not limited to the filing of all applicable U.S. Internal Revenue
Service forms. Notwithstanding anything to the contrary herein, Lantheus shall be responsible for providing the Rights Agent with sufficient funds to satisfy its payment obligations to the Holders. 

  
 7 

 (e) Treatment of Undistributed Funds or Shares. Any amount that remains undistributed
to the Holders of CVRs twelve (12) months after such payment is due in accordance with the terms of this Agreement shall be delivered to Lantheus within two (2) Business Days following expiration of such twelve (12) month period, and
shall be held in trust by Lantheus in a segregated account for the benefit of the Holders. Any Holders of CVRs who have not theretofore received payment with respect to such CVRs shall thereafter look only to Lantheus for payment of their claim
therefor (subject to abandoned property, escheat or similar Laws). Neither Lantheus nor the Rights Agent will be liable to any person in respect of any Net Sales Payment or portion thereof delivered to a public official pursuant to any applicable
abandoned property, escheat or similar Law. If, despite Lantheus’ and/or the Rights Agent’s commercially reasonable efforts to deliver a Net Sales Payment to a Holder, any portion of the amount provided by Lantheus to the Rights Agent
remains unclaimed prior to such time as such amounts would otherwise escheat to, or become property of, any governmental entity, such amount shall, immediately prior to such time, to the extent permitted by Law, become the property of Lantheus free
and clear of any claims or interest of any Person previously entitled thereto. 
 (f) Books and Records; Inspection. Lantheus shall,
and shall cause its subsidiaries to, keep true, complete and accurate records in sufficient detail to enable the Acting Holders’ professional advisors who sign a confidentiality agreement in form reasonably acceptable to Lantheus to determine
the amounts payable hereunder. The Rights Agent shall keep copies of this Agreement available for inspection by the Holders during normal business hours at its office. Lantheus shall supply the Rights Agent from time to time with such numbers of
copies of this Agreement as the Rights Agent may request. 
 (g) Maximum Aggregate Cash Payment. Notwithstanding anything to the
contrary contained in this Agreement, the Merger Agreement or otherwise, in no event shall the sum of (i) the aggregate amount of payments paid or payable pursuant to this Agreement (including any interest on such amounts paid or payable to the
Rights Agent or any Holders under this Agreement) and (ii) the amount of any other cash or the fair market value of any property (other than the Parent Common Stock or the CVRs) paid or payable to the Company stockholders as consideration
pursuant to the Merger Agreement (A) exceed 19.9% of the aggregate amount of consideration paid or payable to the Company stockholders in the Merger or (B) constitute an amount the payment of which, in the opinion of nationally recognized
tax counsel, would more likely than not prevent the Merger from satisfying the requirement of Section 368(a)(2)(E)(ii) of the Code. 

Section 2.05 No Voting, Dividends or Interest; No Equity or Ownership Interest. 

(a) CVRs shall not have any voting or dividend rights, and, except as set forth in Section 4.03 of this Agreement,
interest shall not accrue on any amounts payable in respect of CVRs. 
 (b) CVRs shall not represent any equity or ownership interest in
Lantheus, any constituent company to the Merger or any of their respective Affiliates. 
 Section 2.06
Ability to Abandon CVRs. A Holder may at any time, at such Holder’s option, abandon all of such Holder’s remaining rights in a CVR by transferring such CVR to Lantheus without consideration therefor. Nothing in this Agreement
shall prohibit Lantheus or any of its Affiliates from offering to acquire or acquiring any CVRs for consideration from the Holders, in private transactions or otherwise, in its sole discretion. Any CVRs acquired by Lantheus or any of its Affiliates
shall be automatically deemed extinguished and no longer outstanding for purposes of the definition of Acting Holders, Article V and Section 6.04. 

  
 8 

 ARTICLE III 

THE RIGHTS AGENT 

Section 3.01 Certain Duties and Responsibilities of the Rights Agent. 

(a) The Rights Agent shall not have any liability for any actions taken or not taken in connection with this Agreement, except to the extent
such liability arises as a result of the willful misconduct, bad faith or gross negligence of the Rights Agent. 
 (b) The Acting Holders
may direct the Rights Agent to act on behalf of the Holders in enforcing any of their rights hereunder. All rights of action of any or all Holders under this Agreement may be enforced by the Rights Agent, and any action, suit or proceeding
instituted by the Rights Agent shall be brought in its name as the Rights Agent and any recovery in connection therewith shall be for the proportionate benefit of all the Holders, as their respective rights or interests may appear. 

Section 3.02 Certain Rights of the Rights Agent. 

(a) The Rights Agent undertakes to perform such duties and only such duties as are specifically set forth in this Agreement, and no implied
covenants or obligations shall be read into this Agreement against the Rights Agent. 
 (b) The Rights Agent may rely and shall be protected
in acting or refraining from acting upon any written resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order or other paper or document believed by it in good faith to be genuine and to have been
signed or presented by the proper party or parties. 
 (c) Any permissive rights of the Rights Agent hereunder shall not be construed as a
duty. 
 (d) The Rights Agent shall not be required to give any note or surety in respect of the execution of such powers or otherwise in
respect of such powers. 
 (e) Lantheus agrees to indemnify the Rights Agent for, and to hold the Rights Agent harmless from and against,
any loss, liability, damage or expense (“Loss”) suffered or incurred by the Rights Agent and arising out of or in connection with the Rights Agent’s performance of its obligations under this Agreement, including the reasonable
costs and expenses of defending the Rights Agent against any third party claims, charges, demands, actions or suits arising out of or in connection with such performance, except to the extent such Loss shall have been determined by a court of
competent jurisdiction to have resulted from the Rights Agent’s gross negligence, bad faith or willful misconduct. Lantheus’ obligations under this Section 3.02(e) to indemnify the Rights Agent shall survive the
resignation or removal of any Rights Agent and the termination of this Agreement. 
 (f) In addition to the indemnification provided under
Section 3.02(e), but without duplication, Lantheus agrees (i) to pay the fees of the Rights Agent in connection with the Rights Agent’s performance of its obligations hereunder, as agreed upon in writing by the
Rights Agent and Lantheus on or prior to the date of this Agreement, and (ii) to reimburse the Rights Agent promptly upon demand for all reasonable and documented
out-of-pocket expenses, incurred by the Rights Agent in the performance of its obligations under this Agreement. 

  
 9 

 Section 3.03 Resignation and Removal; Appointment of
Successor. 
 (a) The Rights Agent may resign at any time by giving written notice thereof to Lantheus and the Holders specifying a
date when such resignation shall take effect, which notice shall be sent at least sixty (60) days prior to the date so specified. 

(b) Lantheus, with the consent of Holders of not less than forty percent (40%) of the outstanding CVRs (such consent not to be unreasonably
withheld, conditioned or delayed), shall have the right to remove the Rights Agent at any time by specifying a date when such removal shall take effect. Notice of such removal shall be given by Lantheus to the Rights Agent, which notice shall be
sent at least sixty (60) days prior to the date so specified. 
 (c) If the Rights Agent shall resign, be removed or become incapable
of acting, Lantheus shall promptly appoint a qualified successor Rights Agent that is a member of The Securities Transfer Association, Inc., which appointment shall require the consent of the Holders of not less than a majority of the outstanding
CVRs (such consent not to be unreasonably withheld, conditioned or delayed). The successor Rights Agent so appointed shall, forthwith upon its acceptance of such appointment in accordance with this Section 3.03(c) and
Section 3.04, become the Rights Agent for all purposes hereunder. 
 (d) Lantheus shall give notice of each
resignation or removal of the Rights Agent and each appointment of a successor Rights Agent by mailing written notice of such event by first-class mail, postage prepaid, to the Holders as their names and addresses appear in the CVR Register. Each
notice shall include the name and address of the successor Rights Agent. If Lantheus fails to send such notice within ten (10) Business Days after acceptance of appointment by a successor Rights Agent, the successor Rights Agent shall cause the
notice to be mailed at the expense of Lantheus. 
 Section 3.04 Acceptance of Appointment by
Successor. Every successor Rights Agent appointed hereunder shall, at or prior to such appointment, execute, acknowledge and deliver to Lantheus and to the retiring Rights Agent an instrument accepting such appointment and a counterpart of
this Agreement, and thereupon such successor Rights Agent, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the Rights Agent; provided that upon the request of Lantheus or the
successor Rights Agent, such resigning or removed Rights Agent shall execute and deliver an instrument transferring to such successor Rights Agent all the rights, powers and trusts of such resigning or removed Rights Agent. 

ARTICLE IV 
 COVENANTS

 Section 4.01 List of Holders. Lantheus shall furnish or cause to be furnished to the Rights
Agent the names and addresses of the Holders within thirty (30) Business Days following the Effective Time. The CVRs shall, in the case of the holders of shares of Company Common Stock, be registered in the names and addresses of the holder as
set forth in the applicable letter of transmittal accompanying the shares of Company Common Stock surrendered by the holder thereof in connection with the Merger pursuant to the Merger Agreement and in a denomination equal to the number of shares of
Company Common Stock so surrendered. 
 Section 4.02 Net Sales Statement. 

(a) Lantheus shall cause a Net Sales Statement in respect of each Net Sales Measuring Period to be delivered to the Rights Agent within thirty
(30) days after the annual report on 10-K for the immediately preceding Net Sales Measuring Period is filed with the SEC. 

  
 10 

 (b) In the event that the Acting Holder(s) elect to challenge the accuracy of the Net Sales
Statement, including the calculations or amount of the Net Sales Payment, the Acting Holder(s) may initiate the review procedure set forth in Section 4.03, provided that the Acting Holder(s) do so within sixty
(60) days of Lantheus’ delivery of the Net Sales Statement to the Rights Agent (the “Review Request Period”). If, upon the expiration of the Review Request Period, the Acting Holder(s) have not requested a review of the
Net Sales Statement in accordance with this Section 4.02(b), the calculation of the Net Sales Payment as set forth in the Net Sales Statement shall be binding and conclusive upon the Holders, and Lantheus shall be released
from any liability or accountability with respect to payments in excess of such Net Sales Payment. 
 Section 4.03
Independent Accountant Review. Upon the written request of the Acting Holder(s) delivered to Lantheus within the Review Request Period, Lantheus shall permit the Independent Accountant to have access upon reasonable notice and during
normal business hours to such of the records of Lantheus and its Affiliates as is reasonably necessary to verify the accuracy of the Net Sales Statement and the figures underlying the calculation of Net Sales. The Independent Accountant shall be
charged to come to a final determination with respect to those specific items in the Net Sales Statement that the parties disagree on and submit to the Independent Accountant for resolution. All other items in the Net Sales Statement that the
parties do not submit, prior to the end of the Review Request Period, to the Independent Accountant for resolution shall be deemed to be agreed and the Independent Accountant shall not be charged with calculating or validating those agreed upon
items. Each Person seeking to receive information from Lantheus or the Independent Accountant, as the case may be, in connection with an audit shall enter into, and shall cause its accounting firm to enter into, a reasonable and mutually
satisfactory confidentiality agreement with Lantheus obligating such party to retain all such financial and other information disclosed to such party in confidence pursuant to such confidentiality agreement. In the event that the Independent
Accountant provides any information to the Acting Holders, it will concurrently provide Lantheus with a copy of such information. No later than thirty (30) days following access to such records of Lantheus as are reasonably necessary to verify
the accuracy of the Net Sales Statement and the figures underlying the calculation of Net Sales, the Independent Accountant shall deliver a written report to Lantheus and the Acting Holders of its preliminary findings regarding the applicable Net
Sales Payment (the “Preliminary Statement”). Lantheus and the Acting Holders shall have thirty (30) days following receipt of the Preliminary Statement from the Independent Accountant (the “Preliminary Statement Review
Period”) to review and comment upon the Preliminary Statement. The Independent Accountant shall take into consideration in good faith any comments received from Lantheus or the Acting Holders during the Preliminary Statement Review Period.
No later than ten (10) Business Days after the expiration of the Preliminary Statement Review Period, the Independent Accountant shall deliver a final written report to Lantheus and the Acting Holders (the “Final Statement”).
If the Independent Accountant in the Final Statement concludes that the Holders are entitled to a Net Sales Payment in an amount greater than the Net Sales Payment set forth in the Net Sales Statement and paid to Holders (the difference being the
“CVR Shortfall”) (and such payment has not been made by Lantheus), then, subject to Section 2.04(g) no later than ten (10) Business Days following its receipt of the Final Statement, Lantheus shall
deliver an amount in cash to the Rights Agent sufficient to pay to the Holders such CVR Shortfall, together with interest at the “prime rate” as published in the Wall Street Journal from time to time, from the date that the applicable Net
Sales Payment was due. The Final Statement shall be final, conclusive and binding on Lantheus and the Holders, shall be nonappealable and shall not be subject to further review, absent manifest error. In the event that the Independent Accountant
determines that the CVR Shortfall is more than seven and one-half percent (7.5%) of the applicable Net Sales Payment that was due, Lantheus will pay for the fees charged by the Independent Accountant; in the
event that the Independent Accountant determines that the CVR Shortfall is equal to or less than seven and one-half percent (7.5%) of the Net Sales Payment that was due, the Holders will pay for the fees
charged by the Independent Accountant, which amount shall be deducted from the Net Sales Payment for such Net Sales Measuring Period, any related CVR Shortfall, or any subsequent Net Sales Payment and such deducted amount shall not be paid to the
Holders and shall be returned to Lantheus by the Rights Agent if such amount was previously transferred to the Rights Agent. 

  
 11 

 Section 4.04 Efforts. From and after the Effective
Time until the earlier of (i) the end of the Second Net Sales Measuring Period and (ii) termination of this Agreement in accordance with Section 6.13, Lantheus shall use Diligent Efforts to (i) obtain FDA
Approval for and commercially launch the PyL Product as soon as practicable and (ii) thereafter commercialize PyL Product in a manner that maximizes Net Sales. 

Section 4.05 Assignment Transactions. Lantheus and its Affiliates shall not consummate any sale of
assets, spin-off, split-off or exclusive licensing transaction, other than a Sale Transaction in accordance with Section 4.06, pursuant to
which (a) any rights in or to PyL Product or other rights necessary for the development or commercialization of PyL Product in the United States or (b) all or substantially all of the assets used or held for use in connection with PyL
Product in the United States, in each case (in respect of the foregoing (a) and (b)) are, directly or indirectly, disposed of, sold, exclusively licensed, assigned, conveyed, or transferred to or acquired by any Person other than Lantheus or
any of Lantheus’ direct or indirect wholly-owned subsidiaries (any such transaction, an “Assignment Transaction”), unless: 

(a) such Person is assigned or exclusively licensed for any and all uses all rights and assets related to PyL Product that are necessary for
obtaining FDA Approval and commercializing PyL Product in the United States; 
 (b) such Person expressly assumes in writing all of
Lantheus’ obligations, duties and covenants under this Agreement; and 
 (c) Lantheus has delivered to the Rights Agent an
Officers’ Certificate stating that such transaction complies with this Section 4.05 and all conditions precedent herein related to such transaction have been complied with. 

An “Assignment Transaction” shall not include sales of PyL Product made by Lantheus or its Affiliates or ordinary course, non-exclusive licensing arrangements between Lantheus and its Affiliates, on the one hand, and third party licensees, distributors and contract manufacturers, on the other hand, entered into in the ordinary course
of business for purposes of developing, manufacturing, distributing and selling PyL Product and for which the gross amounts invoiced for sales of PyL Product by the applicable third party licensee, distributor or contract manufacturer will be
reflected in Net Sales of PyL Product in accordance with the terms of this Agreement. 
 Section 4.06
Consolidation, Merger, Sale or Conveyance. 
 (a) Lantheus will not merge or consolidate with or into any other Person or
transfer, lease, sell or convey all or substantially all of its assets to any Person (a “Sale Transaction”), unless Lantheus shall deliver to the Rights Agent an Officers’ Certificate, stating that such Sale Transaction
complies with this Section 4.06. 
 (b) Upon any Sale Transaction, the successor Person shall succeed to, and be
substituted for, and may exercise every right and power of, and shall assume all of the obligations of Lantheus under this Agreement with the same effect as if such successor Person had been named as Lantheus herein. 

  
 12 

 ARTICLE V 

AMENDMENTS 

Section 5.01 Amendments Without Consent of Holders or Rights Agent. 

(a) Lantheus, at any time or from time to time, may unilaterally enter into one or more amendments hereto for any of the following purposes,
without the consent of any of the Holders or the Rights Agent, so long as such amendments do not, individually or in the aggregate, adversely affect the interests of the Holders: 

(i) to evidence the appointment of another Person as a successor Rights Agent and the assumption by any successor Rights Agent of the
covenants and obligations of the Rights Agent herein in accordance with the provisions hereof; 
 (ii) to add to the covenants of Lantheus
such further covenants, restrictions, conditions or provisions as Lantheus shall determine to be for the protection of the Holders; 

(iii) to cure any ambiguity, to correct or supplement any provision herein that may be defective or inconsistent with any other provision
herein, or to make any other provisions with respect to matters or questions arising under this Agreement; 
 (iv) as may be necessary or
appropriate to ensure that CVRs are not subject to registration under the Securities Act or the Exchange Act; or 
 (v) any other amendment
hereto which would provide any additional rights or benefits to the Holders or that does not adversely affect the legal rights under this Agreement of any such Holder. 

(b) Promptly after the execution by Lantheus of any amendment pursuant to the provisions of this Section 5.01,
Lantheus shall mail (or cause the Rights Agent to mail) a notice thereof by first class mail to the Holders at their addresses as set forth on the CVR Register, setting forth in general terms the substance of such amendment. 

Section 5.02 Amendments With Consent of Holders. 

(a) In addition to any amendments to this Agreement that may be made by Lantheus without the consent of any Holder or the Rights Agent
pursuant to Section 5.01, with the consent of the Holders of not less than a majority of the outstanding CVRs, whether evidenced in writing or taken at a meeting of the Holders, Lantheus and the Rights Agent may enter into
one or more amendments hereto for the purpose of adding, eliminating or changing any provisions of this Agreement, even if such addition, elimination or change is adverse to the interests of the Holders; provided, however, that no
amendment shall, without the unanimous consent of the Holders of all outstanding CVRs: 
 (i) modify in a manner adverse to the Holders
(A) any provision contained herein with respect to the termination of this Agreement or the CVRs, (B) the time for, and amount of, any payment to be made to the Holders pursuant to this Agreement, or (C) otherwise modify any provision
(including definitions) related to the Net Sales Payments; 
 (ii) reduce the number of CVRs, unless such reduction is made in connection
with the rights exercised under Section 2.06 (Ability to Abandon CVRs); or 
 (iii) modify any provisions of this
Section 5.02, except to increase the percentage of Holders from whom consent is required or to provide that certain provisions of this Agreement cannot be modified or waived without the consent of the Holder of each outstanding CVR affected
thereby. 
 (b) Promptly after the execution by Lantheus and the Rights Agent of any amendment pursuant to the provisions of this
Section 5.02 (but prior to the effectiveness of such amendment), Lantheus shall mail (or cause the Rights Agent to mail) a notice thereof by first class mail to the Holders at their addresses as set forth on the CVR
Register, setting forth in general terms the substance of such amendment. Any amendment to this Agreement made pursuant to this Section 5.02 shall become effective fifteen (15) Business Days following the mailing of
such notice. 

  
 13 

 Section 5.03 Amendments Affecting Rights Agent. The
Rights Agent may, but is not obligated to, enter into any such amendment that affects the Rights Agent’s own rights, powers, trusts, privileges, covenants or duties under this Agreement or otherwise. 

Section 5.04 Effect of Amendments. Upon the execution of any amendment to this Agreement under this
Article V, this Agreement shall be modified in accordance therewith, such amendment shall form a part of this Agreement for all purposes and every Holder shall be bound thereby. 

ARTICLE VI 

MISCELLANEOUS 

Section 6.01 Notices to Rights Agent and Lantheus. All notices and other communications
hereunder shall be in writing and shall be deemed given on the date of delivery if delivered personally, by email (which is confirmed by delivery receipt), or sent by a nationally recognized overnight courier service (providing proof of delivery).
All notices hereunder shall be delivered as set forth below or pursuant to such other instructions as may be designated in writing by the party to receive such notice: 
  

	 	(a)	 if to the Rights Agent to: 

[•] 
 [•] 

	 	Attention:	 [•] 

	 	E-mail:	 [•] 

with a copy (which shall not constitute notice) to: 

[•] 
 [•] 

	 	Attention:	 [•] 

	 	E-mail:	 [•] 

 

	 	(b)	 if to Lantheus to: 

Lantheus Holdings, Inc. 
 331
Treble Cove Road 
 North Billerica, MA 02160 

	 	Attention:	 General Counsel 

	 	E-mail:	 michael.duffy@lantheus.com 

with a copy (which shall not constitute notice) to: 

White & Case LLP 
 1221
Avenue of the Americas 
 New York, NY 10020-1095 

	 	Attention:	 Morton A. Pierce, Esq. 

Bryan J. Luchs, Esq. 

	 	Email:	 morton.pierce@whitecase.com 

bryan.luchs@whitecase.com 

  
 14 

 Section 6.02 Notice to Holders. All notices,
requests and communications required to be given to the Holders shall be given (unless otherwise herein expressly provided) in writing and mailed, first-class postage prepaid, to each Holder affected by such event, at his, her or its address set
forth in the CVR Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice. In any case where notice to the Holders is given by mail, neither the failure to mail such notice, nor any
defect in any notice so mailed, to any particular Holder shall affect the sufficiency of such notice with respect to other Holders. 

Section 6.03 Entire Agreement. This Agreement, together with the Merger Agreement, constitutes the
entire agreement, and supersedes all prior agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof and thereof. 

Section 6.04 Successors and Assigns. Lantheus may assign any or all of its rights, interests and
obligations hereunder to a Person (each such Person, an “Assignee”) (i) which is one of its Affiliates (that are wholly owned direct or indirect Subsidiaries of Lantheus); provided that Lantheus shall agree to remain liable
for the performance by Lantheus of its obligations (including payments) hereunder, (ii) in connection with a transaction that constitutes an Assignment Transaction in accordance with Section 4.05 or (iii) in
connection with a transaction that constitutes a Sale Transaction in accordance with Section 4.06. This Agreement shall be binding upon, and shall be enforceable by and inure solely to the benefit of, the parties hereto and
their respective successors and assigns. The Rights Agent may not assign this Agreement without Lantheus’ consent. Except as otherwise permitted herein, Lantheus may not assign this Agreement without the prior written consent of the Holders of
not less than a majority of the outstanding CVRs. Any attempted assignment of this Agreement or any of such rights in violation of this Section 6.04 shall be void ab initio and of no effect. 

Section 6.05 Benefits of Agreement. Nothing in this Agreement, express or implied, shall give to any
Person (other than the parties hereto, the Holders and their permitted successors and assigns hereunder) any benefit or any legal or equitable right, remedy or claim under this Agreement or under any covenant or provision herein contained, all such
covenants and provisions being for the sole benefit of the parties hereto, the Holders and their permitted successors and assigns. The Holders shall have no rights hereunder except as are expressly set forth herein. 

Section 6.06 Governing Law. THIS AGREEMENT SHALL BE DEEMED TO BE MADE IN AND IN ALL RESPECTS SHALL BE
INTERPRETED, CONSTRUED AND GOVERNED BY AND IN ACCORDANCE WITH THE LAW OF THE STATE OF DELAWARE WITHOUT REGARD TO ITS RULES OF CONFLICTS OF LAW THAT WOULD CAUSE THE APPLICATION OF THE LAWS OF ANY STATE OTHER THAN THE STATE OF DELAWARE. 

Section 6.07 Consent to Jurisdiction; Service of Process; Venue. The parties hereby irrevocably submit
to the exclusive jurisdiction of the Court of Chancery of the State of Delaware, or, in the event (but only in the event) that such court does not have subject matter jurisdiction over such action or Proceeding, the Superior Court of the State of
Delaware (Complex Commercial Division) or, if the subject matter jurisdiction over the action or Proceeding is vested exclusively in the federal courts of the United States of America, the United States District Court for the District of Delaware in
respect of all matters arising out of or relating to this Agreement the interpretation and enforcement of the provisions of this Agreement, and of the documents referred to in this Agreement, and in respect of the Transactions, and hereby waive, and
agree not to assert, as a defense in any Proceeding for the interpretation or enforcement hereof or of any such document, that it is not subject thereto or that such Proceeding may not be brought or is not maintainable in said courts or that the
venue thereof may not be appropriate or that this Agreement or any such document may not be enforced in or by such courts, and the parties irrevocably agree that all claims with respect to such action or Proceeding shall be heard and determined
exclusively in such courts. The parties hereby consent to and grant any such court jurisdiction over the person of such parties solely for such purpose and over the subject matter of such dispute and agree that mailing of process or other papers in
connection with any such action or Proceeding in the manner provided in Section 6.01 or in such other manner as may be permitted by Law shall be valid and sufficient service thereof. 

  
 15 

 Section 6.08 WAIVER OF JURY TRIAL. EACH PARTY
ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A
TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (i) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY
OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (ii) EACH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER,
(iii) EACH PARTY MAKES THIS WAIVER VOLUNTARILY AND (iv) EACH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 6.08. 

Section 6.09 Further Assurances. Subject to the provisions of this Agreement, the parties hereto will,
from time to time, do all acts and things and execute and deliver all such further documents and instruments, as the other parties hereto may reasonably require to effectively carry out or better evidence or perfect the full intent and meaning of
this Agreement. 
 Section 6.10 Severability. If any term or other provision of this Agreement is
invalid, illegal or incapable of being enforced by any rule of Law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect, insofar as the foregoing can be accomplished without
materially affecting the economic benefits anticipated by the parties to this Agreement. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to
modify this Agreement so as to effect the original intent of the parties as closely as possible to the fullest extent permitted by applicable Law in an acceptable manner to the end that the Transactions are fulfilled to the extent possible. 

Section 6.11 Headings. The headings and table of contents contained in this Agreement are for
reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. 

Section 6.12 Counterparts. This Agreement may be executed in two or more counterparts, all of which
shall be considered one and the same agreement and shall become effective when one or more counterparts have been signed by each of the parties and delivered to the other parties. 

Section 6.13 Termination. This Agreement shall be terminated and of no force or effect, and the
parties hereto shall have no liability hereunder (other than to the extent of any obligations which expressly survive or provide for performance following termination), upon the earlier of (i) payment of the Net Sales Payment for the Second Net
Sales Measuring Period including any applicable CVR Shortfall in accordance with Section 4.03 hereof and (ii) the date that it is determined in accordance with the terms of this Agreement that no Net Sales Payment for
the Second Net Sales Measuring Period is due and payable. For avoidance of doubt, if there has been a request for an audit pursuant to Section 4.03 prior to the expiration of the Review Request Period, this Agreement shall
survive until such audit has been completed and any CVR Shortfall determined to be payable as a result of such audit, if applicable, has been paid. 

  
 16 

 Section 6.14 Legal Holidays. In the event that the
day on which any Net Sales Payment is due shall not be a Business Day, then, notwithstanding any provision of this Agreement to the contrary, any payment required to be made in respect of the CVRs on or prior to such date need not be made on or
prior to such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the last day on which such Net Sales Payment is due. 

[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] 

  
 17 

 IN WITNESS WHEREOF, Lantheus and the Rights Agent have each caused this Agreement to be
executed as of the date first written above by their respective officers thereunto duly authorized. 
  

	
	LANTHEUS HOLDINGS, INC.
	
	   

	By:
	Name:
	Title:

  

	
	[RIGHTS AGENT]
	
	   

	By:
	Name:
	Title:

  
 [Signature Page
to Contingent Value Rights Agreement]EX-4.1

 Exhibit 4.1 

COMCAST CORPORATION 

Officers’ Certificate 

February 20, 2020 

Pursuant to Section 2.03 of the Indenture dated as of September 18, 2013, by and among Comcast Corporation (the
“Company”), the guarantors named therein and The Bank of New York Mellon, as trustee (the “Trustee”), as supplemented by the First Supplemental Indenture dated as of November 17, 2015 (as amended, the
“Indenture”), by and among the Company, the guarantors named therein and the Trustee, and guaranteed on an unsecured and unsubordinated basis by Comcast Cable Communications, LLC and NBCUniversal Media, LLC, the undersigned officers
of the Company do hereby certify, in connection with the issuance of the Company’s €800,000,000 aggregate principal amount of its 0.250% Notes due 2027 (the “2027 Euro Notes”), €1,400,000,000 aggregate principal
amount of its 0.750% Notes due 2032 (the “2032 Euro Notes”), €800,000,000 aggregate principal amount of its 1.250% Notes due 2040 (the “2040 Euro Notes,” and together with the 2027 Euro Notes and the 2032 Euro
Notes, the “Euro Notes”), £600,000,000 aggregate principal amount of its 1.500% Notes due 2029 (the “2029 Sterling Notes”) and £800,000,000 aggregate principal amount of its 1.875% Notes due 2036 (the
“2036 Sterling Notes” and together with the 2029 Sterling Notes, the “Sterling Notes”). The Euro Notes and Sterling Notes are herein referred to as the “Notes”). The terms of the Notes are as
follows: 
 0.250% Notes due 2027 
  

			
	Title:	  	0.250% Notes due 2027
		
	Aggregate Principal Amount at Maturity:	  	€800,000,000
		
	Principal Payment Date:	  	May 20, 2027
		
	Interest:	  	0.250%
		
	Redemption:	  	The Company will have the right at its option to redeem the 2027 Euro Notes in whole or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered
electronically or mailed to the registered address of each holder of the 2027 Euro Notes, at the Redemption Price. The Redemption Price means (a) any time prior to March 20, 2027 (two (2) months prior to the maturity of the 2027 Euro
Notes) (the “2027 Par Call Date”), the Redemption Price is the greater of (i) 100% of the principal amount of the 2027 Euro Notes, and (ii) the sum of the present values of
the

  
 1 

			
		  	principal amount of such notes and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to the 2027 Par Call Date, in each case discounted to the redemption
date on an actual (ACTUAL/ACTUAL (ICMA)), as defined in the rulebook of the International Capital Market Association, basis at a rate equal to the applicable Bund Rate plus 15 basis points and (b) any time on or after the 2027 Par Call Date,
100% of the principal amount of such notes; plus, in each case, accrued and unpaid interest thereon to the date of redemption.
		
	Additional Issuances:	  	The 2027 Euro Notes need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional 2027 Euro Notes under this series. Additional 2027 Euro Notes of this series may
be consolidated with, and form a single series with, 2027 Euro Notes then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined
in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional 2027 Euro Notes are not fungible with the 2027 Euro Notes then outstanding for U.S. federal income tax purposes, such additional 2027 Euro
Notes will have one or more separate ISIN numbers.
		
	Conversion:	  	None
		
	Sinking Fund:	  	None
		
	Miscellaneous:	  	The terms of the 2027 Euro Notes shall include such other terms as are set forth in the Form of 0.250% Notes due 2027 attached hereto as Exhibit A.

  
 2 

			
	
	0.750% Notes due 2032
		
	Title:	  	0.750% Notes due 2032
		
	Aggregate Principal Amount at Maturity:	  	€1,400,000,000
		
	Principal Payment Date:	  	February 20, 2032
		
	Interest:	  	0.750%
		
	Redemption:	  	The Company will have the right at its option to redeem the 2032 Euro Notes in whole or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered
electronically or mailed to the registered address of each holder of the 2032 Euro Notes, at the Redemption Price. The Redemption Price means (a) any time prior to November 20, 2031 (three (3) months prior to the maturity of the 2032
Euro Notes) (the “2032 Par Call Date”), the Redemption Price is the greater of (i) 100% of the principal amount of the 2032 Euro Notes, and (ii) the sum of the present values of the principal amount of such notes and the
scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to the 2032 Par Call Date, in each case discounted to the redemption date on an actual (ACTUAL/ACTUAL (ICMA)), as defined in
the rulebook of the International Capital Market Association, basis at a rate equal to the applicable Bund Rate plus 20 basis points and (b) any time on or after the 2032 Par Call Date, 100% of the principal amount of such notes; plus, in each
case, accrued and unpaid interest thereon to the date of redemption.
		
	Additional Issuances:	  	The 2032 Euro Notes need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional 2032 Euro Notes under this series. Additional 2032 Euro Notes of this series may
be consolidated with, and form a single series with, 2032 Euro Notes then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to
an

  
 3 

			
		  	amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional 2032 Euro Notes are not fungible with the 2032 Euro Notes then outstanding for U.S. federal
income tax purposes, such additional 2032 Euro Notes will have one or more separate ISIN numbers.
		
	Conversion:	  	None
		
	Sinking Fund:	  	None
		
	Miscellaneous:	  	The terms of the 2032 Euro Notes shall include such other terms as are set forth in the Form of 0.750% Notes due 2032 attached hereto as Exhibit B.
	
	1.250% Notes due 2040
		
	Title:	  	1.250% Notes due 2040
		
	Aggregate Principal Amount at Maturity:	  	€800,000,000
		
	Principal Payment Date:	  	February 20, 2040
		
	Interest:	  	1.250%
		
	Redemption:	  	The Company will have the right at its option to redeem the 2040 Euro Notes in whole or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered
electronically or mailed to the registered address of each holder of the 2040 Euro Notes, at the Redemption Price. The Redemption Price means (a) any time prior to August 20, 2039 (six (6) months prior to the maturity of the 2040 Euro
Notes) (the “2040 Par Call Date”), the Redemption Price is the greater of (i) 100% of the principal amount of the 2040 Euro Notes, and (ii) the sum of the present values of the principal amount of such notes and the scheduled
payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to the 2040 Par Call Date, in each case discounted to the redemption date on an actual (ACTUAL/ACTUAL (ICMA)), as defined in the rulebook
of the International Capital Market

  
 4 

			
		  	Association, basis at a rate equal to the applicable Bund Rate plus 25 basis points and (b) any time on or after the 2040 Par Call Date, 100% of the principal amount of such notes; plus, in each case, accrued and unpaid
interest thereon to the date of redemption.
		
	Additional Issuances:	  	The 2040 Euro Notes need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional 2040 Euro Notes under this series. Additional 2040 Euro Notes of this series may
be consolidated with, and form a single series with, 2040 Euro Notes then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined
in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional 2040 Euro Notes are not fungible with the 2040 Euro Notes then outstanding for U.S. federal income tax purposes, such additional 2040 Euro
Notes will have one or more separate ISIN numbers.
		
	Conversion:	  	None
		
	Sinking Fund:	  	None
		
	Miscellaneous:	  	The terms of the 2040 Euro Notes shall include such other terms as are set forth in the Form of 1.250% Notes due 2040 attached hereto as Exhibit C.
	
	1.500% Notes due 2029
		
	Title:	  	1.500% Notes due 2029
		
	Aggregate Principal Amount at Maturity:	  	£600,000,000
		
	Principal Payment Date:	  	February 20, 2029
		
	Interest:	  	1.500%
		
	Redemption:	  	The Company will have the right at its option to redeem the 2029 Sterling Notes in whole or in part, at any time or from time to time prior to their

  
 5 

			
		  	maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered address of each holder of the 2029 Sterling Notes, at the Redemption Price. The Redemption Price means
(a) any time prior to November 20, 2028 (three (3) months prior to the maturity of the 2029 Sterling Notes) (the “2029 Par Call Date”), the Redemption Price is the greater of (i) 100% of the principal amount of the
2029 Sterling Notes, and (ii) the sum of the present values of the principal amount of such notes and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to the 2029 Par
Call Date, in each case discounted to the redemption date on an actual (ACTUAL/ACTUAL (ICMA)), as defined in the rulebook of the International Capital Market Association, basis at a rate equal to the applicable Gilt Rate plus 15 basis points and
(b) any time on or after the 2029 Par Call Date, 100% of the principal amount of such notes; plus, in each case, accrued and unpaid interest thereon to the date of redemption.
		
	Additional Issuances:	  	The 2029 Sterling Notes need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional 2029 Sterling Notes under this series. Additional 2029 Sterling Notes of this
series may be consolidated with, and form a single series with, 2029 Sterling Notes then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or
waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional 2029 Sterling Notes are not fungible with the 2029 Sterling Notes then outstanding for U.S. federal income tax purposes,
such additional 2029 Sterling Notes will have one or more separate ISIN numbers.
		
	Conversion:	  	None
		
	Sinking Fund:	  	None
		
	Miscellaneous:	  	The terms of the 2029 Sterling Notes shall include such other terms as are set forth in the Form of 1.500% Notes due 2029 attached hereto as
Exhibit D.

  
 6 

			
	
	1.875% Notes due 2036
		
	Title:	  	1.875% Notes due 2036
		
	Aggregate Principal Amount at Maturity:	  	£800,000,000
		
	Principal Payment Date:	  	February 20, 2036
		
	Interest:	  	1.875%
		
	Redemption:	  	The Company will have the right at its option to redeem the 2036 Sterling Notes in whole or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered
electronically or mailed to the registered address of each holder of the 2036 Sterling Notes, at the Redemption Price. The Redemption Price means (a) any time prior to November 20, 2035 (three (3) months prior to the maturity of the
2036 Sterling Notes) (the “2036 Par Call Date”), the Redemption Price is the greater of (i) 100% of the principal amount of the 2036 Sterling Notes, and (ii) the sum of the present values of the principal amount of such notes
and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to the 2036 Par Call Date, in each case discounted to the redemption date on an actual (ACTUAL/ACTUAL (ICMA)), as
defined in the rulebook of the International Capital Market Association, basis at a rate equal to the applicable Gilt Rate plus 15 basis points and (b) any time on or after the 2036 Par Call Date, 100% of the principal amount of such notes;
plus, in each case, accrued and unpaid interest thereon to the date of redemption.
		
	Additional Issuances:	  	The 2036 Sterling Notes need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional 2036 Sterling Notes under this series. Additional 2036 Sterling Notes of this
series may be consolidated with, and form a single series with, 2036 Sterling Notes then outstanding, including for

  
 7 

			
		  	purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders;
provided that if such additional 2036 Sterling Notes are not fungible with the 2036 Sterling Notes then outstanding for U.S. federal income tax purposes, such additional 2036 Sterling Notes will have one or more separate ISIN numbers.
		
	Conversion:	  	None
		
	Sinking Fund:	  	None
		
	Miscellaneous:	  	The terms of the 2036 Sterling Notes shall include such other terms as are set forth in the Form of 1.875% Notes due 2036 attached hereto as Exhibit E.

 Each such officer has read and understands the provisions of the Indenture and the definitions relating thereto. The
statements made in this Officers’ Certificate are based upon the examination of the provisions of the Indenture and upon the relevant books and records of the Company. In such officer’s opinion, he has made such examination or
investigation as is necessary to enable such officer to express an informed opinion as to whether or not the covenants and conditions of such Indenture relating to the issuance and authentication of the Notes have been complied with. In such
officer’s opinion, such covenants and conditions have been complied with. 

  
 8 

 IN WITNESS WHEREOF, the undersigned officers of the Company have duly executed this
certificate as of the date first set forth above. 
  

			
	By:	 	  

	Name:	 	William E. Dordelman
	Title:	 	Senior Vice President and Treasurer
		
	By:	 	  

	Name:	 	Elizabeth Wideman
	Title:	 	Vice President, Senior Deputy General Counsel and Assistant Secretary

  
 9 

 Exhibit A 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A COMMON
DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, AND NO SUCH
TRANSFER MAY BE REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL
SECURITY SUBJECT TO THE FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 
 UNLESS THIS SECURITY IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED, AS NOMINEE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR EUROCLEAR BANK, S.A./N.V., AS OPERATOR OF THE EUROCLEAR SYSTEM (“EUROCLEAR”) AND
CLEARSTREAM BANKING, SOCIÉTÉ ANONYME, LUXEMBOURG (“CLEARSTREAM, LUXEMBOURG” AND, TOGETHER WITH EUROCLEAR, “EUROCLEAR/CLEARSTREAM”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND
ANY SECURITY ISSUED IS REGISTERED IN THE NAME OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR
EUROCLEAR/CLEARSTREAM (AND ANY PAYMENT IS MADE TO THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR
EUROCLEAR/CLEARSTREAM), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE REGISTERED OWNER HEREOF, THE BANK OF NEW YORK MELLON, LONDON BRANCH, HAS AN INTEREST HEREIN. 

  
 A-1 

 COMCAST CORPORATION 

0.250% Notes due 2027 

No. 1     
 ISIN No.:
XS2114852218 
 €800,000,000 

COMCAST CORPORATION, a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value
received promises to pay to The Bank of New York Depository (Nominees) Limited, as nominee of The Bank of New York Mellon, London Branch, as common depositary for Euroclear Bank S.A./N.V. and Clearstream Banking, société
anonyme, Luxembourg, or registered assigns, the principal sum of €800,000,000 (Eight Hundred Million Euros) on May 20, 2027. 

Interest Payment Date: May 20 (the “Interest Payment Date”), commencing on May 20, 2020. 

Interest Record Date: May 5 (the “Interest Record Date”). 

Reference is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place. 

  
 A-2 

 IN WITNESS WHEREOF, the Issuer has caused this Security to be signed manually or by
facsimile by its duly authorized officer under its corporate seal. 
  

			
	COMCAST CORPORATION
		
	By:	 	  

	Name:	 	William E. Dordelman
	Title:	 	Senior Vice President and Treasurer

 [Seal of Comcast Corporation] 

Attest: 
  

			
	By:	 	  

	Name:	 	Elizabeth Wideman
	Title:	 	Vice President, Senior Deputy General Counsel and Assistant Secretary

  
 A-3 

 This is one of the series designated herein and referred to in the within-mentioned
Indenture.     
 Dated: February 20, 2020 

 

			
	 THE BANK OF NEW YORK MELLON,
as Trustee

		
	By:	 	  

		 	Authorized Signatory

  
 A-4 

 (REVERSE OF SECURITY) 

COMCAST CORPORATION 
 0.250% Notes
due 2027 
 1.    Interest. 

COMCAST CORPORATION, a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this
Security at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from February 20, 2020. The Issuer will pay interest annually in
arrears on the Interest Payment Date, commencing May 20, 2020. 
 Interest on the Securities will be computed on the basis of the
actual number of days in the period for which interest is being calculated and the actual number of days from and including the last date to which interest was paid on the Securities (or February 20, 2020 if no interest has been paid on the
Securities), to but excluding the next scheduled Interest Payment Date. This payment convention is referred to as ACTUAL/ACTUAL (ICMA) as defined in the rulebook of the International Capital Market Association. 

If any Interest Payment Date, maturity date or redemption date falls on a day that is not a Business Day, the payment will be made on the next
Business Day with the same force and effect as if made on the relevant Interest Payment Date, maturity date or redemption date, and no interest will accrue in respect of the delay. 

The term “Business Day” means any day other than a Saturday or Sunday (i) which is not a day on which banking
institutions in The City of New York or London are authorized or obligated by law, regulation or executive order to close and (ii) on which the Trans-European Automated Real-Time Gross Settlement Express Transfer System (the TARGET2 system) or
any successor thereto is open. 
 The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the
Securities and on overdue installments of interest (without regard to any applicable grace periods) to the extent lawful. 

2.    Issuance in Euro. 

Principal, premium, if any, and interest payments will be payable in Euro. If Euro is unavailable to the Issuer due to the imposition of
exchange controls or other circumstances beyond the Issuer’s control, then all payments will be made in U.S. dollars until Euro is again available to the Issuer. The amount payable on any date in Euro will be converted into U.S. dollars at the
Market Exchange Rate (as defined below) or, if such Market Exchange Rate is not then available, on the basis of the most recently available market exchange rate for Euro. Any payment so made in U.S. dollars will not constitute an event of default
under the Indenture. Neither the Trustee nor the Paying Agent will be responsible for obtaining exchange rates, effecting currency conversions or otherwise handling re-denominations. 

  
 A-5 

 The term “Market Exchange Rate” means the noon buying rate in The City of
New York for cable transfers of Euro as certified for customs purposes (or, if not so certified, as otherwise determined) by the Federal Reserve Bank of New York. 

3.    Method of Payment. 

The Issuer shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender
Securities to The Bank of New York Mellon (the “Trustee”) to collect principal payments. 
 The payments of interest, and
any portion of the principal (other than interest payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent, upon receipt from the Issuer of immediately available funds by 10:00
a.m., London time one Business Day prior to the payment due date (or such other time as may be agreed to between the Issuer and the Paying Agent), directly to a Holder (by Federal funds wire transfer or otherwise) if the Holder has delivered written
instructions to the Paying Agent 15 days prior to such payment date requesting that such payment will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal surrenders the same to
the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed principal amount of the Securities surrendered. 

4.    Paying Agent. 

Initially, The Bank of New York Mellon, London Branch will act as Paying Agent. The Issuer may change any Paying Agent without notice to the
Holders. 

  
 A-6 

 5.    Indenture. 

The Issuer issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors named therein (the “Guarantors”) and the Trustee (as amended, the
“Indenture”). Capitalized terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated in the Indenture and those made part of the Indenture by reference to the
Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) (the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under the TIA, and thereafter as in effect on the date on which the
Indenture is qualified under the TIA. Notwithstanding anything to the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and the TIA for a statement of them. To the extent the terms
of the Indenture and this Security are inconsistent, the terms of the Indenture shall govern. This note is a “Security” and the notes are “Securities” under the Indenture. 

6.    Guarantees. 

Each Guarantor has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual
payment (whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under, the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture,
subject to certain terms and conditions set forth in the Indenture. 
 7.    Denominations; Transfer; Exchange. 

The Securities are in registered form, without coupons, in denominations of €100,000 and multiples of €1,000 in excess thereof. A
Holder shall register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or
similar governmental charges payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer of or exchange any Securities or portions thereof for a period of fifteen (15) days
before the giving of a notice of redemption, nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part.     

8.    Persons Deemed Owners. 

The registered Holder of a Security shall be treated as the owner of it for all purposes. 

9.    Unclaimed Funds. 

If funds for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds to the
Issuer at its written request. After that, all liability of the Trustee and such Paying Agent with respect to such funds shall cease. 

  
 A-7 

 10.    Legal Defeasance and Covenant Defeasance. 

The Issuer and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect to
the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain
conditions specified in the Indenture. 
 11.    Amendment; Supplement; Waiver. 

Subject to certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding, and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the
Holders of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any
ambiguity, defect or inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any requirements of the Commission in connection with the qualification of the Indenture under the TIA, or
make any other change that does not adversely affect the rights of any Holder of a Security. 
 12.    Restrictive
Covenants. 
 The Indenture contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur
liens securing indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer
must annually report to the Trustee on compliance with such limitations. 
 13.    Optional Redemption. 

The Issuer will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior to
their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption
Price in connection with any redemption hereunder. 
 “Redemption Price” means (a) at any time prior to March 20,
2027 (two (2) months prior to the maturity of the Securities) (the “Par Call Date”), the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the present values of the principal amount of such
Securities and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to the Par Call Date, in each case discounted to the redemption date on an actual (ACTUAL/ACTUAL (ICMA))
basis at a rate equal to the applicable comparable government bond rate plus 15 basis points and (b) if the Securities are redeemed on or after the Par Call Date, 100% of the principal amount of such Securities; plus, in each case, accrued and
unpaid interest thereon to the date of redemption. 

  
 A-8 

 The term “comparable government bond” means in relation to any comparable
government bond rate calculation, at the discretion of an independent investment banker selected by the Issuer, a German government bond whose maturity is closest to the maturity of the Securities to be redeemed (assuming for this purpose that the
Securities matured on the Par Call Date), or if such independent investment banker in its discretion determines that such similar bond is not in issue, such other German government bond as such independent investment banker may, with the advice of
three brokers of, and/or market makers in, German government bonds selected by us, determine to be appropriate for determining the comparable government bond rate. 

The term “comparable government bond rate” means the yield to maturity, expressed as a percentage (rounded to three decimal
places, with 0.0005 being rounded upwards), on the third Business Day prior to the date fixed for redemption, of the applicable comparable government bond on the basis of the middle market price of such comparable government bond prevailing at 11:00
a.m. (London time) on such business day as determined by an independent investment banker selected by the Issuer. 
 The term
“independent investment banker” means each of BNP Paribas, Citigroup Global Markets Limited and J.P. Morgan Securities plc (or their respective successors), or if each such firm is unwilling or unable to select the comparable
government bond, an independent investment banking institution of international standing appointed by the Issuer. 

14.    Redemption for Tax Reasons. 

If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States (or
any taxing authority in the United States), or any change in, or amendment to, an official position regarding the application or interpretation of such laws, regulations or rulings, which change or amendment is announced or becomes effective on or
after February 5, 2020, the Issuer becomes or, based upon a written opinion of independent counsel selected by us, will become obligated to pay additional amounts as described in Section 15 herein under the heading “Payment of
Additional Amounts” with respect to the Securities, then the Issuer may, at any time at its option, redeem, in whole, but not in part, the Securities on not less than 15 nor more than 30 days’ prior notice, at a redemption price equal to
100% of their principal amount, together with accrued and unpaid interest on the Securities to, but not including, the date fixed for redemption. 

  
 A-9 

 15.    Payment of Additional Amounts. 

The Issuer, will, subject to the exceptions and limitations set forth below, pay as additional interest on the Securities such additional
amounts as are necessary in order that the net payment by the Issuer or its paying agent of the principal of and interest in respect of the Securities to a beneficial owner who is not a United States person (as defined below), after withholding or
deduction for any present or future tax, assessment or other governmental charge (“Tax”) imposed by the United States or a taxing authority in the United States, will not be less than the amount provided in the Securities to be then
due and payable; provided, however, that the foregoing obligation to pay additional amounts shall not apply: 
  

	 	(a)	 to any Tax that is imposed by reason of the Holder (or the beneficial owner for whose benefit such Holder holds
the Securities), or a fiduciary, settlor, beneficiary, member or shareholder of the Holder or beneficial owner if the Holder or beneficial owner is an estate, trust, partnership, corporation or other entity, or a person holding a power over an
estate or trust administered by a fiduciary Holder, being considered as: 

  

	 	(i)	 being or having been engaged in a trade or business in the United States or having or having had a permanent
establishment in the United States; 

  

	 	(ii)	 having a current or former connection with the United States (other than a connection arising solely as a
result of the ownership of the Securities, the receipt of any payment or the enforcement of any rights hereunder), including being or having been a citizen or resident of the United States; 

 

	 	(iii)	 being or having been a personal holding company, a passive foreign investment company or a controlled foreign
corporation for U.S. federal income tax purposes, a foreign-tax exempt organization, or a corporation that has accumulated earnings to avoid U.S. federal income tax; 

 

	 	(iv)	 being or having been a “10-percent shareholder” of the
Issuer or the applicable guarantor as defined in Section 871(h)(3) of the United States Internal Revenue Code of 1986, as amended (the “Code”), or any successor provision; or 

 

	 	(v)	 being a bank receiving payments on an extension of credit made pursuant to a loan agreement entered into in the
ordinary course of its trade or business, as described in Section 881(c)(3) of the Code or any successor provision; 

  

	 	(b)	 to any Holder that is not the sole beneficial owner of the Securities, or a portion of the Securities, or that
is a fiduciary, partnership, limited liability company or other fiscally transparent entity, but only to the extent that a beneficial owner with respect to the Holder, a beneficiary or settlor with respect to the fiduciary, or a beneficial owner or
member of the partnership, limited liability company or other fiscally transparent entity, would not have been entitled to the payment of an additional amount had the beneficiary, settlor, beneficial owner or member received directly its beneficial
or distributive share of the payment; 

  

	 	(c)	 to the extent any Tax that would not have been imposed but for the failure of the Holder or any other person to
comply with certification, identification or information reporting requirements concerning the nationality, residence, identity or connection with the United States of the Holder or beneficial owner of the Securities, if compliance is required by
statute, by regulation of the United States or any taxing authority therein or by an applicable income tax treaty to which the United States is a party as a precondition to exemption from such Tax, or reduction in such Tax; 

  
 A-10 

	 	(d)	 to any Tax that is imposed otherwise than by withholding by the Issuer or a an applicable withholding agent
from the payment; 

  

	 	(e)	 to any Tax that would not have been imposed but for a change in law, regulation, or administrative or judicial
interpretation that becomes effective more than 15 days after the payment becomes due or is duly provided for, whichever occurs later; 

  

	 	(f)	 to any estate, inheritance, gift, sales, excise, transfer, wealth, capital gains or personal property or
similar Tax; 

  

	 	(g)	 to any Tax required to be withheld by any paying agent from any payment of principal of or interest on any
Security, if such payment can be made without such withholding by at least one other paying agent; 

  

	 	(h)	 to the extent any Tax that would not have been imposed but for the presentation by the Holder of any Security,
where presentation is required, for payment on a date more than 30 days after the date on which payment became due and payable or the date on which payment thereof is duly provided for, whichever occurs later; 

 

	 	(i)	 to any Tax that is imposed or withheld solely by reason of the beneficial owner being a bank
(i) purchasing the Securities in the ordinary course of its lending business or (ii) that is neither (A) buying the Securities for investment purposes only nor (B) buying the Securities for resale to a third party that either is
not a bank or holding the Securities for investment purposes only; 

  

	 	(j)	 to any Tax imposed under Sections 1471 through 1474 of the Code (or any amended or successor provisions), any
current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental
agreement entered into in connection with the implementation of such sections of the Code whether currently in effect or as published and amended from time to time; or 

 

	 	(k)	 in the case of any combination of items (a)-(j) above. 

As used in this Section 15, “United States person” means any individual who is a citizen or resident of the United
States for U.S. federal income tax purposes, a corporation, partnership or other entity created or organized in or under the laws of the United States, any state of the United States or the District of Columbia, or any estate or trust the income of
which is subject to U.S. federal income taxation regardless of its source. 
 16. Defaults and Remedies. 

If an Event of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare all of the Securities to be due and payable immediately in the manner and with

  
 A-11 

 
the effect provided in the Indenture. If a bankruptcy Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately due
and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees
except as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided,
Holders of a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events
of Default if it determines that withholding notice is in their interest. 
 17. Trustee Dealings with Issuer. 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise deal
with the Issuer as if it were not the Trustee. 
 18. No Recourse Against Others. 

No stockholder, director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities. 
 19. Authentication.

 This Security shall not be valid until the Trustee manually signs the certificate of authentication on this Security. 

20. Abbreviations and Defined Terms. 

Customary abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

21. ISIN Numbers. 
 Pursuant to a
recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused ISIN numbers to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the
accuracy of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon. 

  
 A-12 

 22. Governing Law. 

The laws of the State of New York shall govern the Indenture and this Security thereof. 

  
 A-13 

 ASSIGNMENT FORM 

I or we assign and transfer this Security to 
  

 
 (Print or type name, address and zip
code of assignee or transferee) 
  
  

(Insert Social Security or other identifying number of assignee or transferee) 

and irrevocably appoint
                                         
                                         
   agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him. 
  

							
	Dated:                     	 		 	Signed:                                   
                                         
                                    
		 		 		 	 (Signed exactly as name appears on the other side of this Security)

  

			
	Signature Guarantee:	  	  

		  	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee)

  
 A-14 

 Exhibit B 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A COMMON
DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, AND NO SUCH
TRANSFER MAY BE REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL
SECURITY SUBJECT TO THE FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 
 UNLESS THIS SECURITY IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED, AS NOMINEE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR EUROCLEAR BANK, S.A./N.V., AS OPERATOR OF THE EUROCLEAR SYSTEM (“EUROCLEAR”) AND
CLEARSTREAM BANKING, SOCIÉTÉ ANONYME, LUXEMBOURG (“CLEARSTREAM, LUXEMBOURG” AND, TOGETHER WITH EUROCLEAR, “EUROCLEAR/CLEARSTREAM”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND
ANY SECURITY ISSUED IS REGISTERED IN THE NAME OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR
EUROCLEAR/CLEARSTREAM (AND ANY PAYMENT IS MADE TO THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR
EUROCLEAR/CLEARSTREAM), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE REGISTERED OWNER HEREOF, THE BANK OF NEW YORK MELLON, LONDON BRANCH, HAS AN INTEREST HEREIN. 

  
 B-1 

 COMCAST CORPORATION 

0.750% Notes due 2032 

No. 1     
 ISIN
No.: XS2114852564 
 €1,400,000,000 

COMCAST CORPORATION, a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value
received promises to pay to The Bank of New York Depository (Nominees) Limited, as nominee of The Bank of New York Mellon, London Branch, as common depositary for Euroclear Bank S.A./N.V. and Clearstream Banking, société
anonyme, Luxembourg, or registered assigns, the principal sum of €1,400,000,000 (One Billion Four Hundred Million Euros) on February 20, 2032. 

Interest Payment Date: February 20 (the “Interest Payment Date”), commencing on February 20, 2021. 

Interest Record Date: February 5 (the “Interest Record Date”). 

Reference is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place. 

  
 B-2 

 IN WITNESS WHEREOF, the Issuer has caused this Security to be signed manually or by
facsimile by its duly authorized officer under its corporate seal. 
  

			
	COMCAST CORPORATION
		
	By:	 	  

	Name:	 	William E. Dordelman
	Title:	 	Senior Vice President and Treasurer

 [Seal of Comcast Corporation] 

Attest: 

			
		
	By:	 	  

	Name:	 	Elizabeth Wideman
	Title:	 	Vice President, Senior Deputy General Counsel and Assistant Secretary

  
 B-3 

 This is one of the series designated herein and referred to in the within-mentioned
Indenture. 
 Dated: February 20, 2020 
  

			
	THE BANK OF NEW YORK MELLON,
		 	as Trustee
		
	By:	 	  

		 	Authorized Signatory

  
 B-4 

 (REVERSE OF SECURITY) 

COMCAST CORPORATION 
 0.750% Notes
due 2032 
 1.    Interest. 

COMCAST CORPORATION, a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this
Security at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from February 20, 2020. The Issuer will pay interest annually in
arrears on the Interest Payment Date, commencing February 20, 2021. 
 Interest on the Securities will be computed on the basis of the
actual number of days in the period for which interest is being calculated and the actual number of days from and including the last date to which interest was paid on the Securities (or February 20, 2020 if no interest has been paid on the
Securities), to but excluding the next scheduled Interest Payment Date. This payment convention is referred to as ACTUAL/ACTUAL (ICMA) as defined in the rulebook of the International Capital Market Association. 

If any Interest Payment Date, maturity date or redemption date falls on a day that is not a Business Day, the payment will be made on the next
Business Day with the same force and effect as if made on the relevant Interest Payment Date, maturity date or redemption date, and no interest will accrue in respect of the delay. 

The term “Business Day” means any day other than a Saturday or Sunday (i) which is not a day on which banking
institutions in The City of New York or London are authorized or obligated by law, regulation or executive order to close and (ii) on which the Trans-European Automated Real-Time Gross Settlement Express Transfer System (the TARGET2 system) or
any successor thereto is open. 
 The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the
Securities and on overdue installments of interest (without regard to any applicable grace periods) to the extent lawful. 

2.    Issuance in Euro. 

Principal, premium, if any, and interest payments will be payable in Euro. If Euro is unavailable to the Issuer due to the imposition of
exchange controls or other circumstances beyond the Issuer’s control, then all payments will be made in U.S. dollars until Euro is again available to the Issuer. The amount payable on any date in Euro will be converted into U.S. dollars at the
Market Exchange Rate (as defined below) or, if such Market Exchange Rate is not then available, on the basis of the most recently available market exchange rate for Euro. Any payment so made in U.S. dollars will not constitute an event of default
under the Indenture. Neither the Trustee nor the Paying Agent will be responsible for obtaining exchange rates, effecting currency conversions or otherwise handling re-denominations. 

  
 B-5 

 The term “Market Exchange Rate” means the noon buying rate in The City of
New York for cable transfers of Euro as certified for customs purposes (or, if not so certified, as otherwise determined) by the Federal Reserve Bank of New York. 

3.    Method of Payment. 

The Issuer shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender
Securities to The Bank of New York Mellon (the “Trustee”) to collect principal payments. 
 The payments of interest, and
any portion of the principal (other than interest payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent, upon receipt from the Issuer of immediately available funds by 10:00
a.m., London time one Business Day prior to the payment due date (or such other time as may be agreed to between the Issuer and the Paying Agent), directly to a Holder (by Federal funds wire transfer or otherwise) if the Holder has delivered written
instructions to the Paying Agent 15 days prior to such payment date requesting that such payment will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal surrenders the same to
the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed principal amount of the Securities surrendered.     

4.    Paying Agent. 

Initially, The Bank of New York Mellon, London Branch will act as Paying Agent. The Issuer may change any Paying Agent without notice to the
Holders. 

  
 B-6 

 5.    Indenture. 

The Issuer issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors named therein (the “Guarantors”) and the Trustee (as amended, the
“Indenture”). Capitalized terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated in the Indenture and those made part of the Indenture by reference to the
Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) (the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under the TIA, and thereafter as in effect on the date on which the
Indenture is qualified under the TIA. Notwithstanding anything to the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and the TIA for a statement of them. To the extent the terms
of the Indenture and this Security are inconsistent, the terms of the Indenture shall govern. This note is a “Security” and the notes are “Securities” under the Indenture. 

6.    Guarantees. 

Each Guarantor has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual
payment (whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under, the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture,
subject to certain terms and conditions set forth in the Indenture. 
 7.    Denominations; Transfer; Exchange. 

The Securities are in registered form, without coupons, in denominations of €100,000 and multiples of €1,000 in excess thereof. A
Holder shall register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or
similar governmental charges payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer of or exchange any Securities or portions thereof for a period of fifteen (15) days
before the giving of a notice of redemption, nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part. 

8.    Persons Deemed Owners. 

The registered Holder of a Security shall be treated as the owner of it for all purposes. 

9.    Unclaimed Funds. 

If funds for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds to the
Issuer at its written request. After that, all liability of the Trustee and such Paying Agent with respect to such funds shall cease. 

  
 B-7 

 10.    Legal Defeasance and Covenant Defeasance. 

The Issuer and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect to
the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain
conditions specified in the Indenture. 
 11.    Amendment; Supplement; Waiver. 

Subject to certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding, and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the
Holders of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any
ambiguity, defect or inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any requirements of the Commission in connection with the qualification of the Indenture under the TIA, or
make any other change that does not adversely affect the rights of any Holder of a Security. 
 12.    Restrictive
Covenants. 
 The Indenture contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur
liens securing indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer
must annually report to the Trustee on compliance with such limitations. 
 13.    Optional Redemption. 

The Issuer will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior to
their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption
Price in connection with any redemption hereunder. 
 “Redemption Price” means (a) at any time prior to
November 20, 2031 (three (3) months prior to the maturity of the Securities) (the “Par Call Date”), the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the present values of the
principal amount of such Securities and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to the Par Call Date, in each case discounted to the redemption date on an actual
(ACTUAL/ACTUAL (ICMA)) basis at a rate equal to the applicable comparable government bond rate plus 20 basis points and (b) if the Securities are redeemed on or after the Par Call Date, 100% of the principal amount of such Securities; plus, in
each case, accrued and unpaid interest thereon to the date of redemption. 

  
 B-8 

 The term “comparable government bond” means in relation to any comparable
government bond rate calculation, at the discretion of an independent investment banker selected by the Issuer, a German government bond whose maturity is closest to the maturity of the Securities to be redeemed (assuming for this purpose that the
Securities matured on the Par Call Date), or if such independent investment banker in its discretion determines that such similar bond is not in issue, such other German government bond as such independent investment banker may, with the advice of
three brokers of, and/or market makers in, German government bonds selected by us, determine to be appropriate for determining the comparable government bond rate. 

The term “comparable government bond rate” means the yield to maturity, expressed as a percentage (rounded to three decimal
places, with 0.0005 being rounded upwards), on the third Business Day prior to the date fixed for redemption, of the applicable comparable government bond on the basis of the middle market price of such comparable government bond prevailing at 11:00
a.m. (London time) on such business day as determined by an independent investment banker selected by the Issuer. 
 The term
“independent investment banker” means each of BNP Paribas, Citigroup Global Markets Limited and J.P. Morgan Securities plc (or their respective successors), or if each such firm is unwilling or unable to select the comparable
government bond, an independent investment banking institution of international standing appointed by the Issuer. 

14.    Redemption for Tax Reasons. 

If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States (or
any taxing authority in the United States), or any change in, or amendment to, an official position regarding the application or interpretation of such laws, regulations or rulings, which change or amendment is announced or becomes effective on or
after February 5, 2020, the Issuer becomes or, based upon a written opinion of independent counsel selected by us, will become obligated to pay additional amounts as described in Section 15 herein under the heading “Payment of
Additional Amounts” with respect to the Securities, then the Issuer may, at any time at its option, redeem, in whole, but not in part, the Securities on not less than 15 nor more than 30 days’ prior notice, at a redemption price equal to
100% of their principal amount, together with accrued and unpaid interest on the Securities to, but not including, the date fixed for redemption. 

  
 B-9 

 15.    Payment of Additional Amounts. 

The Issuer, will, subject to the exceptions and limitations set forth below, pay as additional interest on the Securities such additional
amounts as are necessary in order that the net payment by the Issuer or its paying agent of the principal of and interest in respect of the Securities to a beneficial owner who is not a United States person (as defined below), after withholding or
deduction for any present or future tax, assessment or other governmental charge (“Tax”) imposed by the United States or a taxing authority in the United States, will not be less than the amount provided in the Securities to be then
due and payable; provided, however, that the foregoing obligation to pay additional amounts shall not apply: 
  

	 	(a)	 to any Tax that is imposed by reason of the Holder (or the beneficial owner for whose benefit such Holder holds
the Securities), or a fiduciary, settlor, beneficiary, member or shareholder of the Holder or beneficial owner if the Holder or beneficial owner is an estate, trust, partnership, corporation or other entity, or a person holding a power over an
estate or trust administered by a fiduciary Holder, being considered as: 

  

	 	(i)	 being or having been engaged in a trade or business in the United States or having or having had a permanent
establishment in the United States; 

  

	 	(ii)	 having a current or former connection with the United States (other than a connection arising solely as a
result of the ownership of the Securities, the receipt of any payment or the enforcement of any rights hereunder), including being or having been a citizen or resident of the United States; 

 

	 	(iii)	 being or having been a personal holding company, a passive foreign investment company or a controlled foreign
corporation for U.S. federal income tax purposes, a foreign-tax exempt organization, or a corporation that has accumulated earnings to avoid U.S. federal income tax; 

 

	 	(iv)	 being or having been a “10-percent shareholder” of the
Issuer or the applicable guarantor as defined in Section 871(h)(3) of the United States Internal Revenue Code of 1986, as amended (the “Code”), or any successor provision; or 

 

	 	(v)	 being a bank receiving payments on an extension of credit made pursuant to a loan agreement entered into in the
ordinary course of its trade or business, as described in Section 881(c)(3) of the Code or any successor provision; 

  

	 	(b)	 to any Holder that is not the sole beneficial owner of the Securities, or a portion of the Securities, or that
is a fiduciary, partnership, limited liability company or other fiscally transparent entity, but only to the extent that a beneficial owner with respect to the Holder, a beneficiary or settlor with respect to the fiduciary, or a beneficial owner or
member of the partnership, limited liability company or other fiscally transparent entity, would not have been entitled to the payment of an additional amount had the beneficiary, settlor, beneficial owner or member received directly its beneficial
or distributive share of the payment; 

  

	 	(c)	 to the extent any Tax that would not have been imposed but for the failure of the Holder or any other person to
comply with certification, identification or information reporting requirements concerning the nationality, residence, identity or connection with the United States of the Holder or beneficial owner of the Securities, if compliance is required by
statute, by regulation of the United States or any taxing authority therein or by an applicable income tax treaty to which the United States is a party as a precondition to exemption from such Tax, or reduction in such Tax; 

  
 B-10 

	 	(d)	 to any Tax that is imposed otherwise than by withholding by the Issuer or a an applicable withholding agent
from the payment; 

  

	 	(e)	 to any Tax that would not have been imposed but for a change in law, regulation, or administrative or judicial
interpretation that becomes effective more than 15 days after the payment becomes due or is duly provided for, whichever occurs later; 

  

	 	(f)	 to any estate, inheritance, gift, sales, excise, transfer, wealth, capital gains or personal property or
similar Tax; 

  

	 	(g)	 to any Tax required to be withheld by any paying agent from any payment of principal of or interest on any
Security, if such payment can be made without such withholding by at least one other paying agent; 

  

	 	(h)	 to the extent any Tax that would not have been imposed but for the presentation by the Holder of any Security,
where presentation is required, for payment on a date more than 30 days after the date on which payment became due and payable or the date on which payment thereof is duly provided for, whichever occurs later; 

 

	 	(i)	 to any Tax that is imposed or withheld solely by reason of the beneficial owner being a bank
(i) purchasing the Securities in the ordinary course of its lending business or (ii) that is neither (A) buying the Securities for investment purposes only nor (B) buying the Securities for resale to a third party that either is
not a bank or holding the Securities for investment purposes only; 

  

	 	(j)	 to any Tax imposed under Sections 1471 through 1474 of the Code (or any amended or successor provisions), any
current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental
agreement entered into in connection with the implementation of such sections of the Code whether currently in effect or as published and amended from time to time; or 

 

	 	(k)	 in the case of any combination of items (a)-(j) above. 

As used in this Section 15, “United States person” means any individual who is a citizen or resident of the United
States for U.S. federal income tax purposes, a corporation, partnership or other entity created or organized in or under the laws of the United States, any state of the United States or the District of Columbia, or any estate or trust the income of
which is subject to U.S. federal income taxation regardless of its source. 
 16.    Defaults and Remedies. 

If an Event of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare all of the Securities to be due and payable immediately in the manner and with

  
 B-11 

 
the effect provided in the Indenture. If a bankruptcy Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately due
and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees
except as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided,
Holders of a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events
of Default if it determines that withholding notice is in their interest. 
 17.    Trustee Dealings with Issuer. 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise deal
with the Issuer as if it were not the Trustee. 
 18.    No Recourse Against Others. 

No stockholder, director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities. 

19.    Authentication. 

This Security shall not be valid until the Trustee manually signs the certificate of authentication on this Security. 

20.    Abbreviations and Defined Terms. 

Customary abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

21.    ISIN Numbers. 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused ISIN numbers to
be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed
hereon. 

  
 B-12 

 22.    Governing Law. 

The laws of the State of New York shall govern the Indenture and this Security thereof. 

  
 B-13 

 ASSIGNMENT FORM 

I or we assign and transfer this Security to 
  

 
 (Print or type name, address and zip
code of assignee or transferee) 
  
  

(Insert Social Security or other identifying number of assignee or transferee) 

and irrevocably appoint
                                         
                                         
       agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him. 
  

							
	Dated:                     	 		 	Signed:                                   
                                         
                                    
		 		 		 	 (Signed exactly as name appears on the other side of this Security)

  

			
	Signature Guarantee:	  	  

		  	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee)

  
 B-14 

 Exhibit C 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A COMMON
DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, AND NO SUCH
TRANSFER MAY BE REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL
SECURITY SUBJECT TO THE FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 
 UNLESS THIS SECURITY IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED, AS NOMINEE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR EUROCLEAR BANK, S.A./N.V., AS OPERATOR OF THE EUROCLEAR SYSTEM (“EUROCLEAR”) AND
CLEARSTREAM BANKING, SOCIÉTÉ ANONYME, LUXEMBOURG (“CLEARSTREAM, LUXEMBOURG” AND, TOGETHER WITH EUROCLEAR, “EUROCLEAR/CLEARSTREAM”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND
ANY SECURITY ISSUED IS REGISTERED IN THE NAME OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR
EUROCLEAR/CLEARSTREAM (AND ANY PAYMENT IS MADE TO THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR
EUROCLEAR/CLEARSTREAM), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE REGISTERED OWNER HEREOF, THE BANK OF NEW YORK MELLON, LONDON BRANCH, HAS AN INTEREST HEREIN. 

  
 C-1 

 COMCAST CORPORATION 

1.250% Notes due 2040 
 No. 1 

ISIN No.: XS2114852721 

€800,000,000 
 COMCAST
CORPORATION, a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received promises to pay to The Bank of New York Depository (Nominees) Limited, as nominee of The Bank of New York
Mellon, London Branch, as common depositary for Euroclear Bank S.A./N.V. and Clearstream Banking, société anonyme, Luxembourg, or registered assigns, the principal sum of €800,000,000 (Eight Hundred Million Euros) on
February 20, 2040. 
 Interest Payment Date: February 20 (the “Interest Payment Date”), commencing on
February 20, 2021. 
 Interest Record Date: February 5 (the “Interest Record Date”). 

Reference is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place. 

  
 C-2 

 IN WITNESS WHEREOF, the Issuer has caused this Security to be signed manually or by
facsimile by its duly authorized officer under its corporate seal. 
  

			
	COMCAST CORPORATION
		
	By:	 	  

	Name:	 	William E. Dordelman
	Title:	 	Senior Vice President and Treasurer

 [Seal of Comcast Corporation] 

Attest: 
  

			
	By:	 	  

	Name:	 	Elizabeth Wideman
	Title:	 	Vice President, Senior Deputy General Counsel and Assistant Secretary

  
 C-3 

 This is one of the series designated herein and referred to in the within-mentioned
Indenture. 
 Dated: February 20, 2020 
  

			
	 THE BANK OF NEW YORK MELLON,

		 	as Trustee
		
	By:	 	  

		 	Authorized Signatory

  
 C-4 

 (REVERSE OF SECURITY) 

COMCAST CORPORATION 
 1.250% Notes
due 2040 
 1.    Interest. 

COMCAST CORPORATION, a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this
Security at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from February 20, 2020. The Issuer will pay interest annually in
arrears on the Interest Payment Date, commencing February 20, 2021. 
 Interest on the Securities will be computed on the basis of the
actual number of days in the period for which interest is being calculated and the actual number of days from and including the last date to which interest was paid on the Securities (or February 20, 2020 if no interest has been paid on the
Securities), to but excluding the next scheduled Interest Payment Date. This payment convention is referred to as ACTUAL/ACTUAL (ICMA) as defined in the rulebook of the International Capital Market Association. 

If any Interest Payment Date, maturity date or redemption date falls on a day that is not a Business Day, the payment will be made on the next
Business Day with the same force and effect as if made on the relevant Interest Payment Date, maturity date or redemption date, and no interest will accrue in respect of the delay. 

The term “Business Day” means any day other than a Saturday or Sunday (i) which is not a day on which banking
institutions in The City of New York or London are authorized or obligated by law, regulation or executive order to close and (ii) on which the Trans-European Automated Real-Time Gross Settlement Express Transfer System (the TARGET2 system) or
any successor thereto is open. 
 The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the
Securities and on overdue installments of interest (without regard to any applicable grace periods) to the extent lawful. 

2.    Issuance in Euro. 

Principal, premium, if any, and interest payments will be payable in Euro. If Euro is unavailable to the Issuer due to the imposition of
exchange controls or other circumstances beyond the Issuer’s control, then all payments will be made in U.S. dollars until Euro is again available to the Issuer. The amount payable on any date in Euro will be converted into U.S. dollars at the
Market Exchange Rate (as defined below) or, if such Market Exchange Rate is not then available, on the basis of the most recently available market exchange rate for Euro. Any payment so made in U.S. dollars will not constitute an event of default
under the Indenture. Neither the Trustee nor the Paying Agent will be responsible for obtaining exchange rates, effecting currency conversions or otherwise handling re-denominations. 

  
 C-5 

 The term “Market Exchange Rate” means the noon buying rate in The City of
New York for cable transfers of Euro as certified for customs purposes (or, if not so certified, as otherwise determined) by the Federal Reserve Bank of New York. 

3.    Method of Payment. 

The Issuer shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender
Securities to The Bank of New York Mellon (the “Trustee”) to collect principal payments. 
 The payments of interest, and
any portion of the principal (other than interest payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent, upon receipt from the Issuer of immediately available funds by 10:00
a.m., London time one Business Day prior to the payment due date (or such other time as may be agreed to between the Issuer and the Paying Agent), directly to a Holder (by Federal funds wire transfer or otherwise) if the Holder has delivered written
instructions to the Paying Agent 15 days prior to such payment date requesting that such payment will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal surrenders the same to
the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed principal amount of the Securities surrendered. 

4.    Paying Agent. 

Initially, The Bank of New York Mellon, London Branch will act as Paying Agent. The Issuer may change any Paying Agent without notice to the
Holders. 
 5.    Indenture. 

The Issuer issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors named therein (the “Guarantors”) and the Trustee (as amended, the
“Indenture”). Capitalized terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated in the Indenture and those made part of the Indenture by reference to the
Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) (the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under the TIA, and thereafter as in effect on the date on which the
Indenture is qualified under the TIA. Notwithstanding anything to the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and the TIA for a statement of them. To the extent the terms
of the Indenture and this Security are inconsistent, the terms of the Indenture shall govern. This note is a “Security” and the notes are “Securities” under the Indenture. 

  
 C-6 

 6.    Guarantees. 

Each Guarantor has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual
payment (whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under, the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture,
subject to certain terms and conditions set forth in the Indenture. 
 7.    Denominations; Transfer; Exchange. 

The Securities are in registered form, without coupons, in denominations of €100,000 and multiples of €1,000 in excess thereof. A
Holder shall register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or
similar governmental charges payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer of or exchange any Securities or portions thereof for a period of fifteen (15) days
before the giving of a notice of redemption, nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part.     

8.    Persons Deemed Owners. 

The registered Holder of a Security shall be treated as the owner of it for all purposes. 

9.    Unclaimed Funds. 

If funds for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds to the
Issuer at its written request. After that, all liability of the Trustee and such Paying Agent with respect to such funds shall cease. 

10.    Legal Defeasance and Covenant Defeasance. 

The Issuer and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect to
the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain
conditions specified in the Indenture. 
 11.    Amendment; Supplement; Waiver. 

Subject to certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding, and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the
Holders of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any
ambiguity, defect or inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply 

  
 C-7 

 
with any requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that does not adversely affect the rights of any Holder of a
Security. 
 12.    Restrictive Covenants. 

The Indenture contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually
report to the Trustee on compliance with such limitations. 
 13.    Optional Redemption. 

The Issuer will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior to
their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption
Price in connection with any redemption hereunder. 
 “Redemption Price” means (a) at any time prior to
August 20, 2039 (six (6) months prior to the maturity of the Securities) (the “Par Call Date”), the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the present values of the
principal amount of such Securities and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to the Par Call Date, in each case discounted to the redemption date on an actual
(ACTUAL/ACTUAL (ICMA)) basis at a rate equal to the applicable comparable government bond rate plus 25 basis points and (b) if the Securities are redeemed on or after the Par Call Date, 100% of the principal amount of such Securities; plus, in
each case, accrued and unpaid interest thereon to the date of redemption. 
 The term “comparable government bond” means in
relation to any comparable government bond rate calculation, at the discretion of an independent investment banker selected by the Issuer, a German government bond whose maturity is closest to the maturity of the Securities to be redeemed (assuming
for this purpose that the Securities matured on the Par Call Date), or if such independent investment banker in its discretion determines that such similar bond is not in issue, such other German government bond as such independent investment banker
may, with the advice of three brokers of, and/or market makers in, German government bonds selected by us, determine to be appropriate for determining the comparable government bond rate. 

The term “comparable government bond rate” means the yield to maturity, expressed as a percentage (rounded to three decimal
places, with 0.0005 being rounded upwards), on the third Business Day prior to the date fixed for redemption, of the applicable comparable government bond on the basis of the middle market price of such comparable government bond prevailing at 11:00
a.m. (London time) on such business day as determined by an independent investment banker selected by the Issuer. 

  
 C-8 

 The term “independent investment banker” means each of BNP Paribas,
Citigroup Global Markets Limited and J.P. Morgan Securities plc (or their respective successors), or if each such firm is unwilling or unable to select the comparable government bond, an independent investment banking institution of international
standing appointed by the Issuer. 
 14.    Redemption for Tax Reasons. 

If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States (or
any taxing authority in the United States), or any change in, or amendment to, an official position regarding the application or interpretation of such laws, regulations or rulings, which change or amendment is announced or becomes effective on or
after February 5, 2020, the Issuer becomes or, based upon a written opinion of independent counsel selected by us, will become obligated to pay additional amounts as described in Section 15 herein under the heading “Payment of
Additional Amounts” with respect to the Securities, then the Issuer may, at any time at its option, redeem, in whole, but not in part, the Securities on not less than 15 nor more than 30 days’ prior notice, at a redemption price equal to
100% of their principal amount, together with accrued and unpaid interest on the Securities to, but not including, the date fixed for redemption. 

15.    Payment of Additional Amounts. 

The Issuer, will, subject to the exceptions and limitations set forth below, pay as additional interest on the Securities such additional
amounts as are necessary in order that the net payment by the Issuer or its paying agent of the principal of and interest in respect of the Securities to a beneficial owner who is not a United States person (as defined below), after withholding or
deduction for any present or future tax, assessment or other governmental charge (“Tax”) imposed by the United States or a taxing authority in the United States, will not be less than the amount provided in the Securities to be then
due and payable; provided, however, that the foregoing obligation to pay additional amounts shall not apply: 
  

	 	(a)	 to any Tax that is imposed by reason of the Holder (or the beneficial owner for whose benefit such Holder holds
the Securities), or a fiduciary, settlor, beneficiary, member or shareholder of the Holder or beneficial owner if the Holder or beneficial owner is an estate, trust, partnership, corporation or other entity, or a person holding a power over an
estate or trust administered by a fiduciary Holder, being considered as: 

  

	 	(i)	 being or having been engaged in a trade or business in the United States or having or having had a permanent
establishment in the United States; 

  

	 	(ii)	 having a current or former connection with the United States (other than a connection arising solely as a
result of the ownership of the Securities, the receipt of any payment or the enforcement of any rights hereunder), including being or having been a citizen or resident of the United States; 

 

	 	(iii)	 being or having been a personal holding company, a passive foreign investment company or a controlled foreign
corporation for U.S. federal 

  
 C-9 

	 	
income tax purposes, a foreign-tax exempt organization, or a corporation that has accumulated earnings to avoid U.S. federal income tax; 

 

	 	(iv)	 being or having been a “10-percent shareholder” of the
Issuer or the applicable guarantor as defined in Section 871(h)(3) of the United States Internal Revenue Code of 1986, as amended (the “Code”), or any successor provision; or 

 

	 	(v)	 being a bank receiving payments on an extension of credit made pursuant to a loan agreement entered into in the
ordinary course of its trade or business, as described in Section 881(c)(3) of the Code or any successor provision; 

  

	 	(b)	 to any Holder that is not the sole beneficial owner of the Securities, or a portion of the Securities, or that
is a fiduciary, partnership, limited liability company or other fiscally transparent entity, but only to the extent that a beneficial owner with respect to the Holder, a beneficiary or settlor with respect to the fiduciary, or a beneficial owner or
member of the partnership, limited liability company or other fiscally transparent entity, would not have been entitled to the payment of an additional amount had the beneficiary, settlor, beneficial owner or member received directly its beneficial
or distributive share of the payment; 

  

	 	(c)	 to the extent any Tax that would not have been imposed but for the failure of the Holder or any other person to
comply with certification, identification or information reporting requirements concerning the nationality, residence, identity or connection with the United States of the Holder or beneficial owner of the Securities, if compliance is required by
statute, by regulation of the United States or any taxing authority therein or by an applicable income tax treaty to which the United States is a party as a precondition to exemption from such Tax, or reduction in such Tax; 

 

	 	(d)	 to any Tax that is imposed otherwise than by withholding by the Issuer or a an applicable withholding agent
from the payment; 

  

	 	(e)	 to any Tax that would not have been imposed but for a change in law, regulation, or administrative or judicial
interpretation that becomes effective more than 15 days after the payment becomes due or is duly provided for, whichever occurs later; 

  

	 	(f)	 to any estate, inheritance, gift, sales, excise, transfer, wealth, capital gains or personal property or
similar Tax; 

  

	 	(g)	 to any Tax required to be withheld by any paying agent from any payment of principal of or interest on any
Security, if such payment can be made without such withholding by at least one other paying agent; 

  

	 	(h)	 to the extent any Tax that would not have been imposed but for the presentation by the Holder of any Security,
where presentation is required, for payment on a date more than 30 days after the date on which payment became due and payable or the date on which payment thereof is duly provided for, whichever occurs later; 

  
 C-10 

	 	(i)	 to any Tax that is imposed or withheld solely by reason of the beneficial owner being a bank
(i) purchasing the Securities in the ordinary course of its lending business or (ii) that is neither (A) buying the Securities for investment purposes only nor (B) buying the Securities for resale to a third party that either is
not a bank or holding the Securities for investment purposes only; 

  

	 	(j)	 to any Tax imposed under Sections 1471 through 1474 of the Code (or any amended or successor provisions), any
current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental
agreement entered into in connection with the implementation of such sections of the Code whether currently in effect or as published and amended from time to time; or 

 

	 	(k)	 in the case of any combination of items (a)-(j) above. 

As used in this Section 15, “United States person” means any individual who is a citizen or resident of the United
States for U.S. federal income tax purposes, a corporation, partnership or other entity created or organized in or under the laws of the United States, any state of the United States or the District of Columbia, or any estate or trust the income of
which is subject to U.S. federal income taxation regardless of its source. 
 16.    Defaults and Remedies. 

If an Event of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a
bankruptcy Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately due and payable immediately in the manner and with the effect provided in the Indenture without any
notice or other action on the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the
Securities or the Guarantees unless it has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided, Holders of a majority in aggregate principal amount of the Securities then outstanding to
direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events of Default if it determines that withholding notice is in their interest. 

17.    Trustee Dealings with Issuer. 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise deal
with the Issuer as if it were not the Trustee. 

  
 C-11 

 18.    No Recourse Against Others. 

No stockholder, director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities. 

19.    Authentication. 

This Security shall not be valid until the Trustee manually signs the certificate of authentication on this Security. 

20.    Abbreviations and Defined Terms. 

Customary abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

21.    ISIN Numbers. 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused ISIN numbers to
be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed
hereon. 
 22.    Governing Law. 

The laws of the State of New York shall govern the Indenture and this Security thereof. 

  
 C-12 

 ASSIGNMENT FORM 

I or we assign and transfer this Security to 
  

 
 (Print or type name, address and zip
code of assignee or transferee) 
  
  

(Insert Social Security or other identifying number of assignee or transferee) 

and irrevocably
appoint                                        
                                         
    agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him. 
  

							
	Dated:                     	 		 	Signed:                                   
                                         
                                    
		 		 		 	 (Signed exactly as name appears on the other side of this Security)

  

			
	Signature Guarantee:	  	  

		  	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee)

  
 C-13 

 Exhibit D 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A COMMON
DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, AND NO SUCH
TRANSFER MAY BE REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL
SECURITY SUBJECT TO THE FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 
 UNLESS THIS SECURITY IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED, AS NOMINEE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR EUROCLEAR BANK, S.A./N.V., AS OPERATOR OF THE EUROCLEAR SYSTEM (“EUROCLEAR”) AND
CLEARSTREAM BANKING, SOCIÉTÉ ANONYME, LUXEMBOURG (“CLEARSTREAM, LUXEMBOURG” AND, TOGETHER WITH EUROCLEAR, “EUROCLEAR/CLEARSTREAM”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND
ANY SECURITY ISSUED IS REGISTERED IN THE NAME OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR
EUROCLEAR/CLEARSTREAM (AND ANY PAYMENT IS MADE TO THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR
EUROCLEAR/CLEARSTREAM), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE REGISTERED OWNER HEREOF, THE BANK OF NEW YORK MELLON, LONDON BRANCH, HAS AN INTEREST HEREIN. 

  
 D-1 

 COMCAST CORPORATION 

1.500% Notes due 2029 
 No. 1 

ISIN No.: XS2114853299 

£600,000,000 
 COMCAST
CORPORATION, a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received promises to pay to The Bank of New York Depository (Nominees) Limited, as nominee of The Bank of New York
Mellon, London Branch, as common depositary for Euroclear Bank S.A./N.V. and Clearstream Banking, société anonyme, Luxembourg, or registered assigns, the principal sum of £600,000,000 (Six Hundred Million Sterling) on
February 20, 2029. 
 Interest Payment Date: February 20 (the “Interest Payment Date”), commencing on
February 20, 2021. 
 Interest Record Date: February 5 (the “Interest Record Date”). 

Reference is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place. 

  
 D-2 

 IN WITNESS WHEREOF, the Issuer has caused this Security to be signed manually or by
facsimile by its duly authorized officer under its corporate seal. 
  

			
	COMCAST CORPORATION
		
	By:	 	     

	Name:	 	William E. Dordelman
	Title:	 	Senior Vice President and Treasurer

 [Seal of Comcast Corporation] 

Attest: 
  

			
	By:	 	     

	Name:	 	Elizabeth Wideman
	Title:	 	Vice President, Senior Deputy General Counsel and Assistant Secretary

  
 D-3 

 This is one of the series designated herein and referred to in the within-mentioned
Indenture. 
 Dated: February 20, 2020 
  

			
	THE BANK OF NEW YORK MELLON,
	    as Trustee
		
	By:	 	  

		 	Authorized Signatory

  
 D-4 

 (REVERSE OF SECURITY) 

COMCAST CORPORATION 
 1.500% Notes
due 2029 
 1.    Interest. 

COMCAST CORPORATION, a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this
Security at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from February 20, 2020. The Issuer will pay interest annually in
arrears on the Interest Payment Date, commencing February 20, 2021. 
 Interest on the Securities will be computed on the basis of the
actual number of days in the period for which interest is being calculated and the actual number of days from and including the last date to which interest was paid on the Securities (or February 20, 2020 if no interest has been paid on the
Securities), to but excluding the next scheduled Interest Payment Date. This payment convention is referred to as ACTUAL/ACTUAL (ICMA) as defined in the rulebook of the International Capital Market Association. 

If any Interest Payment Date, maturity date or redemption date falls on a day that is not a Business Day, the payment will be made on the next
Business Day with the same force and effect as if made on the relevant Interest Payment Date, maturity date or redemption date, and no interest will accrue in respect of the delay. 

The term “Business Day” means any day other than a Saturday or Sunday which is not a day on which banking institutions in The
City of New York or London are authorized or obligated by law, regulation or executive order to close. 
 The Issuer shall pay interest on
overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments of interest (without regard to any applicable grace periods) to the extent lawful. 

2.    Issuance in Sterling. 

Principal, premium, if any, and interest payments will be payable in Sterling. If Sterling is unavailable to the Issuer due to the imposition
of exchange controls or other circumstances beyond the Issuer’s control, then all payments will be made in U.S. dollars until Sterling is again available to the Issuer. The amount payable on any date in Sterling will be converted into U.S.
dollars at the Market Exchange Rate (as defined below) or, if such Market Exchange Rate is not then available, on the basis of the most recently available market exchange rate for Sterling. Any payment so made in U.S. dollars will not constitute an
event of default under the Indenture. Neither the Trustee nor the Paying Agent will be responsible for obtaining exchange rates, effecting currency conversions or otherwise handling re-denominations. 

  
 D-5 

 The term “Market Exchange Rate” means the noon buying rate in The City of
New York for cable transfers of Sterling as certified for customs purposes (or, if not so certified, as otherwise determined) by the Federal Reserve Bank of New York. 

3.    Method of Payment. 

The Issuer shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender
Securities to The Bank of New York Mellon (the “Trustee”) to collect principal payments. 
 The payments of interest, and
any portion of the principal (other than interest payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent, upon receipt from the Issuer of immediately available funds by 10:00
a.m., London time one Business Day prior to the payment due date (or such other time as may be agreed to between the Issuer and the Paying Agent), directly to a Holder (by Federal funds wire transfer or otherwise) if the Holder has delivered written
instructions to the Paying Agent 15 days prior to such payment date requesting that such payment will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal surrenders the same to
the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed principal amount of the Securities surrendered. 

4.    Paying Agent. 

Initially, The Bank of New York Mellon, London Branch will act as Paying Agent. The Issuer may change any Paying Agent without notice to the
Holders. 

  
 D-6 

 5.    Indenture. 

The Issuer issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors named therein (the “Guarantors”) and the Trustee (as amended, the
“Indenture”). Capitalized terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated in the Indenture and those made part of the Indenture by reference to the
Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) (the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under the TIA, and thereafter as in effect on the date on which the
Indenture is qualified under the TIA. Notwithstanding anything to the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and the TIA for a statement of them. To the extent the terms
of the Indenture and this Security are inconsistent, the terms of the Indenture shall govern. This note is a “Security” and the notes are “Securities” under the Indenture. 

6.    Guarantees. 

Each Guarantor has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual
payment (whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under, the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture,
subject to certain terms and conditions set forth in the Indenture. 
 7.    Denominations; Transfer; Exchange. 

The Securities are in registered form, without coupons, in denominations of £100,000 and multiples of £1,000 in excess thereof. A
Holder shall register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or
similar governmental charges payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer of or exchange any Securities or portions thereof for a period of fifteen (15) days
before the giving of a notice of redemption, nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part. 

8.    Persons Deemed Owners. 

The registered Holder of a Security shall be treated as the owner of it for all purposes. 

9.    Unclaimed Funds. 

If funds for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds to the
Issuer at its written request. After that, all liability of the Trustee and such Paying Agent with respect to such funds shall cease. 

  
 D-7 

 10.    Legal Defeasance and Covenant Defeasance. 

The Issuer and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect to
the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain
conditions specified in the Indenture. 
 11.    Amendment; Supplement; Waiver. 

Subject to certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding, and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the
Holders of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any
ambiguity, defect or inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any requirements of the Commission in connection with the qualification of the Indenture under the TIA, or
make any other change that does not adversely affect the rights of any Holder of a Security. 
 12.    Restrictive
Covenants. 
 The Indenture contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur
liens securing indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer
must annually report to the Trustee on compliance with such limitations. 
 13.    Optional Redemption. 

The Issuer will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior to
their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption
Price in connection with any redemption hereunder. 
 “Redemption Price” means (a) at any time prior to
November 20, 2028 (three (3) months prior to the maturity of the Securities) (the “Par Call Date”), the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the present values of the
principal amount of such Securities and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to the Par Call Date, in each case discounted to the redemption date on an actual
(ACTUAL/ACTUAL (ICMA)) basis at a rate equal to the applicable comparable government bond rate plus 15 basis points and (b) if the Securities are redeemed on or after the Par Call Date, 100% of the principal amount of such Securities; plus, in
each case, accrued and unpaid interest thereon to the date of redemption. 

  
 D-8 

 The term “comparable government bond” means in relation to any comparable
government bond rate calculation, at the discretion of an independent investment banker selected by the Issuer, a United Kingdom government bond whose maturity is closest to the maturity of the Securities to be redeemed (assuming for this purpose
that the Securities matured on the Par Call Date), or if such independent investment banker in its discretion determines that such similar bond is not in issue, such other United Kingdom government bond as such independent investment banker may,
with the advice of three brokers of, and/or market makers in, United Kingdom government bonds selected by us, determine to be appropriate for determining the comparable government bond rate. 

The term “comparable government bond rate” means the yield to maturity, expressed as a percentage (rounded to three decimal
places, with 0.0005 being rounded upwards), on the third Business Day prior to the date fixed for redemption, of the applicable comparable government bond on the basis of the middle market price of such comparable government bond prevailing at 11:00
a.m. (London time) on such business day as determined by an independent investment banker selected by the Issuer. 
 The term
“independent investment banker” means each of BNP Paribas, Citigroup Global Markets Limited and J.P. Morgan Securities plc (or their respective successors), or if each such firm is unwilling or unable to select the comparable
government bond, an independent investment banking institution of international standing appointed by the Issuer. 

14.    Redemption for Tax Reasons. 

If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States (or
any taxing authority in the United States), or any change in, or amendment to, an official position regarding the application or interpretation of such laws, regulations or rulings, which change or amendment is announced or becomes effective on or
after February 5, 2020, the Issuer becomes or, based upon a written opinion of independent counsel selected by us, will become obligated to pay additional amounts as described in Section 15 herein under the heading “Payment of
Additional Amounts” with respect to the Securities, then the Issuer may, at any time at its option, redeem, in whole, but not in part, the Securities on not less than 15 nor more than 30 days’ prior notice, at a redemption price equal to
100% of their principal amount, together with accrued and unpaid interest on the Securities to, but not including, the date fixed for redemption. 

  
 D-9 

 15.    Payment of Additional Amounts. 

The Issuer, will, subject to the exceptions and limitations set forth below, pay as additional interest on the Securities such additional
amounts as are necessary in order that the net payment by the Issuer or its paying agent of the principal of and interest in respect of the Securities to a beneficial owner who is not a United States person (as defined below), after withholding or
deduction for any present or future tax, assessment or other governmental charge (“Tax”) imposed by the United States or a taxing authority in the United States, will not be less than the amount provided in the Securities to be then
due and payable; provided, however, that the foregoing obligation to pay additional amounts shall not apply: 
  

	 	(a)	 to any Tax that is imposed by reason of the Holder (or the beneficial owner for whose benefit such Holder holds
the Securities), or a fiduciary, settlor, beneficiary, member or shareholder of the Holder or beneficial owner if the Holder or beneficial owner is an estate, trust, partnership, corporation or other entity, or a person holding a power over an
estate or trust administered by a fiduciary Holder, being considered as: 

  

	 	(i)	 being or having been engaged in a trade or business in the United States or having or having had a permanent
establishment in the United States; 

  

	 	(ii)	 having a current or former connection with the United States (other than a connection arising solely as a
result of the ownership of the Securities, the receipt of any payment or the enforcement of any rights hereunder), including being or having been a citizen or resident of the United States; 

 

	 	(iii)	 being or having been a personal holding company, a passive foreign investment company or a controlled foreign
corporation for U.S. federal income tax purposes, a foreign-tax exempt organization, or a corporation that has accumulated earnings to avoid U.S. federal income tax; 

 

	 	(iv)	 being or having been a “10-percent shareholder” of the
Issuer or the applicable guarantor as defined in Section 871(h)(3) of the United States Internal Revenue Code of 1986, as amended (the “Code”), or any successor provision; or 

 

	 	(v)	 being a bank receiving payments on an extension of credit made pursuant to a loan agreement entered into in the
ordinary course of its trade or business, as described in Section 881(c)(3) of the Code or any successor provision; 

  

	 	(b)	 to any Holder that is not the sole beneficial owner of the Securities, or a portion of the Securities, or that
is a fiduciary, partnership, limited liability company or other fiscally transparent entity, but only to the extent that a beneficial owner with respect to the Holder, a beneficiary or settlor with respect to the fiduciary, or a beneficial owner or
member of the partnership, limited liability company or other fiscally transparent entity, would not have been entitled to the payment of an additional amount had the beneficiary, settlor, beneficial owner or member received directly its beneficial
or distributive share of the payment; 

  

	 	(c)	 to the extent any Tax that would not have been imposed but for the failure of the Holder or any other person to
comply with certification, identification or information reporting requirements concerning the nationality, residence, identity or connection with the United States of the Holder or beneficial owner of the Securities, if compliance is required by
statute, by regulation of the United States or any taxing authority therein or by an applicable income tax treaty to which the United States is a party as a precondition to exemption from such Tax, or reduction in such Tax; 

  
 D-10 

	 	(d)	 to any Tax that is imposed otherwise than by withholding by the Issuer or a an applicable withholding agent
from the payment; 

  

	 	(e)	 to any Tax that would not have been imposed but for a change in law, regulation, or administrative or judicial
interpretation that becomes effective more than 15 days after the payment becomes due or is duly provided for, whichever occurs later; 

  

	 	(f)	 to any estate, inheritance, gift, sales, excise, transfer, wealth, capital gains or personal property or
similar Tax; 

  

	 	(g)	 to any Tax required to be withheld by any paying agent from any payment of principal of or interest on any
Security, if such payment can be made without such withholding by at least one other paying agent; 

  

	 	(h)	 to the extent any Tax that would not have been imposed but for the presentation by the Holder of any Security,
where presentation is required, for payment on a date more than 30 days after the date on which payment became due and payable or the date on which payment thereof is duly provided for, whichever occurs later; 

 

	 	(i)	 to any Tax that is imposed or withheld solely by reason of the beneficial owner being a bank
(i) purchasing the Securities in the ordinary course of its lending business or (ii) that is neither (A) buying the Securities for investment purposes only nor (B) buying the Securities for resale to a third party that either is
not a bank or holding the Securities for investment purposes only; 

  

	 	(j)	 to any Tax imposed under Sections 1471 through 1474 of the Code (or any amended or successor provisions), any
current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental
agreement entered into in connection with the implementation of such sections of the Code whether currently in effect or as published and amended from time to time; or 

 

	 	(k)	 in the case of any combination of items (a)-(j) above. 

As used in this Section 15, “United States person” means any individual who is a citizen or resident of the United
States for U.S. federal income tax purposes, a corporation, partnership or other entity created or organized in or under the laws of the United States, any state of the United States or the District of Columbia, or any estate or trust the income of
which is subject to U.S. federal income taxation regardless of its source. 
 16.    Defaults and Remedies. 

If an Event of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare all of the Securities to be due and payable immediately in the manner and with

  
 D-11 

 
the effect provided in the Indenture. If a bankruptcy Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately due
and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees
except as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided,
Holders of a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events
of Default if it determines that withholding notice is in their interest. 
 17.    Trustee Dealings with Issuer. 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise deal
with the Issuer as if it were not the Trustee. 
 18.    No Recourse Against Others. 

No stockholder, director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities. 

19.    Authentication. 

This Security shall not be valid until the Trustee manually signs the certificate of authentication on this Security. 

20.    Abbreviations and Defined Terms. 

Customary abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

21.    ISIN Numbers. 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused ISIN numbers to
be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed
hereon. 

  
 D-12 

 22.    Governing Law. 

The laws of the State of New York shall govern the Indenture and this Security thereof. 

  
 D-13 

 ASSIGNMENT FORM 

I or we assign and transfer this Security to 
  

 
 (Print or type name, address and zip
code of assignee or transferee) 
  
  

(Insert Social Security or other identifying number of assignee or transferee) 

and irrevocably appoint
                                         
                                         
   agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him. 
  

							
	Dated:                     	 		 	Signed:                                   
                                         
                                    
		 		 		 	 (Signed exactly as name appears on the other side of this Security)

  

			
	Signature Guarantee:	  	  

		  	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee)

  
 D-14 

 Exhibit E 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A COMMON
DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, AND NO SUCH
TRANSFER MAY BE REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL
SECURITY SUBJECT TO THE FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 
 UNLESS THIS SECURITY IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED, AS NOMINEE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR EUROCLEAR BANK, S.A./N.V., AS OPERATOR OF THE EUROCLEAR SYSTEM (“EUROCLEAR”) AND
CLEARSTREAM BANKING, SOCIÉTÉ ANONYME, LUXEMBOURG (“CLEARSTREAM, LUXEMBOURG” AND, TOGETHER WITH EUROCLEAR, “EUROCLEAR/CLEARSTREAM”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND
ANY SECURITY ISSUED IS REGISTERED IN THE NAME OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR
EUROCLEAR/CLEARSTREAM (AND ANY PAYMENT IS MADE TO THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE BANK OF NEW YORK MELLON, LONDON BRANCH, AS COMMON DEPOSITARY FOR
EUROCLEAR/CLEARSTREAM), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE REGISTERED OWNER HEREOF, THE BANK OF NEW YORK MELLON, LONDON BRANCH, HAS AN INTEREST HEREIN. 

  
 E-1 

 COMCAST CORPORATION 

1.875% Notes due 2036 
 No. 1 

ISIN No.: XS2114853455 

£800,000,000 
 COMCAST
CORPORATION, a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received promises to pay to The Bank of New York Depository (Nominees) Limited, as nominee of The Bank of New York
Mellon, London Branch, as common depositary for Euroclear Bank S.A./N.V. and Clearstream Banking, société anonyme, Luxembourg, or registered assigns, the principal sum of £800,000,000 (Eight Hundred Million Sterling) on
February 20, 2036. 
 Interest Payment Date: February 20 (the “Interest Payment Date”), commencing on
February 20, 2021. 
 Interest Record Date: February 5 (the “Interest Record Date”). 

Reference is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place. 

  
 E-2 

 IN WITNESS WHEREOF, the Issuer has caused this Security to be signed manually or by
facsimile by its duly authorized officer under its corporate seal. 
  

			
	COMCAST CORPORATION
		
	By:	 	  

	Name:	 	William E. Dordelman
	Title:	 	Senior Vice President and Treasurer

 [Seal of Comcast Corporation] 

Attest: 
  

			
	By:	 	  

	Name:	 	Elizabeth Wideman
	Title:	 	Vice President, Senior Deputy General Counsel and Assistant Secretary

  
 E-3 

 This is one of the series designated herein and referred to in the within-mentioned
Indenture. 
 Dated: February 20, 2020 
  

			
	 THE BANK OF NEW YORK MELLON,

	    as Trustee
		
	By:	 	  

		 	Authorized Signatory

  
 E-4 

 (REVERSE OF SECURITY) 

COMCAST CORPORATION 
 1.875% Notes
due 2036 
 1.    Interest. 

COMCAST CORPORATION, a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this
Security at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from February 20, 2020. The Issuer will pay interest annually in
arrears on the Interest Payment Date, commencing February 20, 2021. 
 Interest on the Securities will be computed on the basis of the
actual number of days in the period for which interest is being calculated and the actual number of days from and including the last date to which interest was paid on the Securities (or February 20, 2020 if no interest has been paid on the
Securities), to but excluding the next scheduled Interest Payment Date. This payment convention is referred to as ACTUAL/ACTUAL (ICMA) as defined in the rulebook of the International Capital Market Association. 

If any Interest Payment Date, maturity date or redemption date falls on a day that is not a Business Day, the payment will be made on the next
Business Day with the same force and effect as if made on the relevant Interest Payment Date, maturity date or redemption date, and no interest will accrue in respect of the delay. 

The term “Business Day” means any day other than a Saturday or Sunday which is not a day on which banking institutions in The
City of New York or London are authorized or obligated by law, regulation or executive order to close. 
 The Issuer shall pay interest on
overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments of interest (without regard to any applicable grace periods) to the extent lawful. 

2.    Issuance in Sterling. 

Principal, premium, if any, and interest payments will be payable in Sterling. If Sterling is unavailable to the Issuer due to the imposition
of exchange controls or other circumstances beyond the Issuer’s control, then all payments will be made in U.S. dollars until Sterling is again available to the Issuer. The amount payable on any date in Sterling will be converted into U.S.
dollars at the Market Exchange Rate (as defined below) or, if such Market Exchange Rate is not then available, on the basis of the most recently available market exchange rate for Sterling. Any payment so made in U.S. dollars will not constitute an
event of default under the Indenture. Neither the Trustee nor the Paying Agent will be responsible for obtaining exchange rates, effecting currency conversions or otherwise handling re-denominations. 

The term “Market Exchange Rate” means the noon buying rate in The City of New York for cable transfers of Sterling as
certified for customs purposes (or, if not so certified, as otherwise determined) by the Federal Reserve Bank of New York. 

  
 E-5 

 3.    Method of Payment. 

The Issuer shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender
Securities to The Bank of New York Mellon (the “Trustee”) to collect principal payments. 
 The payments of interest, and
any portion of the principal (other than interest payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent, upon receipt from the Issuer of immediately available funds by 10:00
a.m., London time one Business Day prior to the payment due date (or such other time as may be agreed to between the Issuer and the Paying Agent), directly to a Holder (by Federal funds wire transfer or otherwise) if the Holder has delivered written
instructions to the Paying Agent 15 days prior to such payment date requesting that such payment will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal surrenders the same to
the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed principal amount of the Securities surrendered. 

4.    Paying Agent. 

Initially, The Bank of New York Mellon, London Branch will act as Paying Agent. The Issuer may change any Paying Agent without notice to the
Holders. 
 5.    Indenture. 

The Issuer issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors named therein (the “Guarantors”) and the Trustee (as amended, the
“Indenture”). Capitalized terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated in the Indenture and those made part of the Indenture by reference to the
Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) (the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under the TIA, and thereafter as in effect on the date on which the
Indenture is qualified under the TIA. Notwithstanding anything to the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and the TIA for a statement of them. To the extent the terms
of the Indenture and this Security are inconsistent, the terms of the Indenture shall govern. This note is a “Security” and the notes are “Securities” under the Indenture. 

6.    Guarantees. 

Each Guarantor has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual
payment (whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under, the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture,
subject to certain terms and conditions set forth in the Indenture. 
 7.    Denominations; Transfer; Exchange. 

The Securities are in registered form, without coupons, in denominations of £100,000 and multiples of £1,000 in excess thereof. A
Holder shall register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or
similar 

  
 E-6 

 
governmental charges payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer of or exchange any Securities or portions
thereof for a period of fifteen (15) days before the giving of a notice of redemption, nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part. 

8.    Persons Deemed Owners. 

The registered Holder of a Security shall be treated as the owner of it for all purposes. 

9.    Unclaimed Funds. 

If funds for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds to the
Issuer at its written request. After that, all liability of the Trustee and such Paying Agent with respect to such funds shall cease. 

10.    Legal Defeasance and Covenant Defeasance. 

The Issuer and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect to
the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain
conditions specified in the Indenture. 
 11.    Amendment; Supplement; Waiver. 

Subject to certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding, and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the
Holders of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any
ambiguity, defect or inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any requirements of the Commission in connection with the qualification of the Indenture under the TIA, or
make any other change that does not adversely affect the rights of any Holder of a Security. 
 12.    Restrictive
Covenants. 
 The Indenture contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur
liens securing indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer
must annually report to the Trustee on compliance with such limitations. 
 13.    Optional Redemption. 

The Issuer will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior to
their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption
Price in connection with any redemption hereunder. 

  
 E-7 

 “Redemption Price” means (a) at any time prior to November 20,
2035 (three (3) months prior to the maturity of the Securities) (the “Par Call Date”), the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the present values of the principal amount of
such Securities and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to the Par Call Date, in each case discounted to the redemption date on an actual (ACTUAL/ACTUAL
(ICMA)) basis at a rate equal to the applicable comparable government bond rate plus 15 basis points and (b) if the Securities are redeemed on or after the Par Call Date, 100% of the principal amount of such Securities; plus, in each case,
accrued and unpaid interest thereon to the date of redemption. 
 The term “comparable government bond” means in relation
to any comparable government bond rate calculation, at the discretion of an independent investment banker selected by the Issuer, a United Kingdom government bond whose maturity is closest to the maturity of the Securities to be redeemed (assuming
for this purpose that the Securities matured on the Par Call Date), or if such independent investment banker in its discretion determines that such similar bond is not in issue, such other United Kingdom government bond as such independent
investment banker may, with the advice of three brokers of, and/or market makers in, United Kingdom government bonds selected by us, determine to be appropriate for determining the comparable government bond rate. 

The term “comparable government bond rate” means the yield to maturity, expressed as a percentage (rounded to three decimal
places, with 0.0005 being rounded upwards), on the third Business Day prior to the date fixed for redemption, of the applicable comparable government bond on the basis of the middle market price of such comparable government bond prevailing at 11:00
a.m. (London time) on such business day as determined by an independent investment banker selected by the Issuer. 
 The term
“independent investment banker” means each of BNP Paribas, Citigroup Global Markets Limited and J.P. Morgan Securities plc (or their respective successors), or if each such firm is unwilling or unable to select the comparable
government bond, an independent investment banking institution of international standing appointed by the Issuer. 

14.    Redemption for Tax Reasons. 

If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States (or
any taxing authority in the United States), or any change in, or amendment to, an official position regarding the application or interpretation of such laws, regulations or rulings, which change or amendment is announced or becomes effective on or
after February 5, 2020, the Issuer becomes or, based upon a written opinion of independent counsel selected by us, will become obligated to pay additional amounts as described in Section 15 herein under the heading “Payment of
Additional Amounts” with respect to the Securities, then the Issuer may, at any time at its option, redeem, in whole, but not in part, the Securities on not less than 15 nor more than 30 days’ prior notice, at a redemption price equal to
100% of their principal amount, together with accrued and unpaid interest on the Securities to, but not including, the date fixed for redemption. 

  
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 15.    Payment of Additional Amounts. 

The Issuer, will, subject to the exceptions and limitations set forth below, pay as additional interest on the Securities such additional
amounts as are necessary in order that the net payment by the Issuer or its paying agent of the principal of and interest in respect of the Securities to a beneficial owner who is not a United States person (as defined below), after withholding or
deduction for any present or future tax, assessment or other governmental charge (“Tax”) imposed by the United States or a taxing authority in the United States, will not be less than the amount provided in the Securities to be then
due and payable; provided, however, that the foregoing obligation to pay additional amounts shall not apply: 
  

	 	(a)	 to any Tax that is imposed by reason of the Holder (or the beneficial owner for whose benefit such Holder holds
the Securities), or a fiduciary, settlor, beneficiary, member or shareholder of the Holder or beneficial owner if the Holder or beneficial owner is an estate, trust, partnership, corporation or other entity, or a person holding a power over an
estate or trust administered by a fiduciary Holder, being considered as: 

  

	 	(i)	 being or having been engaged in a trade or business in the United States or having or having had a permanent
establishment in the United States; 

  

	 	(ii)	 having a current or former connection with the United States (other than a connection arising solely as a
result of the ownership of the Securities, the receipt of any payment or the enforcement of any rights hereunder), including being or having been a citizen or resident of the United States; 

 

	 	(iii)	 being or having been a personal holding company, a passive foreign investment company or a controlled foreign
corporation for U.S. federal income tax purposes, a foreign-tax exempt organization, or a corporation that has accumulated earnings to avoid U.S. federal income tax; 

 

	 	(iv)	 being or having been a “10-percent shareholder” of the
Issuer or the applicable guarantor as defined in Section 871(h)(3) of the United States Internal Revenue Code of 1986, as amended (the “Code”), or any successor provision; or 

 

	 	(v)	 being a bank receiving payments on an extension of credit made pursuant to a loan agreement entered into in the
ordinary course of its trade or business, as described in Section 881(c)(3) of the Code or any successor provision; 

  

	 	(b)	 to any Holder that is not the sole beneficial owner of the Securities, or a portion of the Securities, or that
is a fiduciary, partnership, limited liability company or other fiscally transparent entity, but only to the extent that a beneficial owner with respect to the Holder, a beneficiary or settlor with respect to the fiduciary, or a beneficial owner or
member of the partnership, limited liability company or other fiscally transparent entity, would not have been entitled to the payment of an additional amount had the beneficiary, settlor, beneficial owner or member received directly its beneficial
or distributive share of the payment; 

  

	 	(c)	 to the extent any Tax that would not have been imposed but for the failure of the Holder or any other person to
comply with certification, identification or information reporting requirements concerning the nationality, residence, identity or connection with the United States of the Holder or beneficial owner of the Securities, if compliance is required by
statute, by regulation of the United States or any taxing authority therein or by an applicable income tax treaty to which the United States is a party as a precondition to exemption from such Tax, or reduction in such Tax; 

 

	 	(d)	 to any Tax that is imposed otherwise than by withholding by the Issuer or a an applicable withholding agent
from the payment; 

  

	 	(e)	 to any Tax that would not have been imposed but for a change in law, regulation, or administrative or judicial
interpretation that becomes effective more than 15 days after the payment becomes due or is duly provided for, whichever occurs later; 

  
 E-9 

	 	(f)	 to any estate, inheritance, gift, sales, excise, transfer, wealth, capital gains or personal property or
similar Tax; 

  

	 	(g)	 to any Tax required to be withheld by any paying agent from any payment of principal of or interest on any
Security, if such payment can be made without such withholding by at least one other paying agent; 

  

	 	(h)	 to the extent any Tax that would not have been imposed but for the presentation by the Holder of any Security,
where presentation is required, for payment on a date more than 30 days after the date on which payment became due and payable or the date on which payment thereof is duly provided for, whichever occurs later; 

 

	 	(i)	 to any Tax that is imposed or withheld solely by reason of the beneficial owner being a bank
(i) purchasing the Securities in the ordinary course of its lending business or (ii) that is neither (A) buying the Securities for investment purposes only nor (B) buying the Securities for resale to a third party that either is
not a bank or holding the Securities for investment purposes only; 

  

	 	(j)	 to any Tax imposed under Sections 1471 through 1474 of the Code (or any amended or successor provisions), any
current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental
agreement entered into in connection with the implementation of such sections of the Code whether currently in effect or as published and amended from time to time; or 

 

	 	(k)	 in the case of any combination of items (a)-(j) above. 

As used in this Section 15, “United States person” means any individual who is a citizen or resident of the United
States for U.S. federal income tax purposes, a corporation, partnership or other entity created or organized in or under the laws of the United States, any state of the United States or the District of Columbia, or any estate or trust the income of
which is subject to U.S. federal income taxation regardless of its source. 
 16.    Defaults and Remedies. 

If an Event of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a
bankruptcy Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately due and payable immediately in the manner and with the effect provided in the Indenture without any
notice or other action on the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the
Securities or the Guarantees unless it has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided, Holders of a majority in aggregate principal amount of the Securities then outstanding to
direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events of Default if it determines that withholding notice is in their interest. 

  
 E-10 

 17.    Trustee Dealings with Issuer. 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise deal
with the Issuer as if it were not the Trustee. 
 18.    No Recourse Against Others. 

No stockholder, director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities. 

19.    Authentication. 

This Security shall not be valid until the Trustee manually signs the certificate of authentication on this Security. 

20.    Abbreviations and Defined Terms. 

Customary abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

21.    ISIN Numbers. 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused ISIN numbers to
be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed
hereon. 
 22.    Governing Law. 

The laws of the State of New York shall govern the Indenture and this Security thereof. 

  
 E-11 

 ASSIGNMENT FORM 

I or we assign and transfer this Security to 
  

 
 (Print or type name, address and zip
code of assignee or transferee) 
  
  

(Insert Social Security or other identifying number of assignee or transferee) 

and irrevocably appoint
                                         
                                         
           agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him. 
  

							
	Dated:                     	 		 	Signed:                                   
                                         
                                    
		 		 		 	 (Signed exactly as name appears on the other side of this Security)

  

			
	Signature Guarantee:	  	  

		  	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee)

  
 E-12

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