Wowow Inc. · TSE:4839

Wowow — Q3 FY2025 Earnings Presentation

21 slides from Wowow's earnings presentation, 2025

1. Slide 1: wets

   wets aoesee1 /eIe)U/5) REET O41 Lie #est@ewowow ai#fI—K : 4839

2. Slide 2: 1. Q3 results overview

   1. 20245 EB R3U+EREI\TISThk ©2025 WOWOW INC. 2

3. Slide 3: Q3 results summary

   2024F EB S30+HRREA NITITKO WOowow We GE) eDLRAMERMCIN ARMA, MEDLESOO, MBBKREO TOMA, PA IL—-FRH DB LAM LIT lek HIN ORB RIS, BHBOWMSCICK YO itt (#7: A) 2023430 ance aice AALL SLB 55,334 56,444 1,110 102.0% MAR 2,983 2,201 A782 73.8% KENENBAAAM OITTHO ET. ©2025 WOWOW INC. 3

4. Slide 4: Q3 results summary details

   2024F RE R3SOtEMREA NTITKO mA emt—ER 'WOWSPO, . BRR IVW I-IV ALT CHER AASS i BEDS PPE Ste CEC KO ARMA RISE. 7, ANB T Cle KO RIS SH OER MATS S SBI RIBALL CRE LEH 20234 23Q RUZ BUF PRB LL AAD A TERK 462 77 116.7% REAP RL 543 62 111.5% TERRANA EK A8] 15 - Sat ERMA K 2,479 A78 96.9% ©2025 WOWOW INC. 4

5. Slide 5: 2. Full-year forecast

   2. 20247 ESI RERO 202457 3 Sein 5218 L ©2025 WOWOW INC. 5

6. Slide 6: Full-year forecast and Q3 results

   20247 RE R3BERREA MRK GBs) wowow (07 BAP) 2023E3Q 2024 E3Q BUF TAAL Rin MALE in VON: BUSFIRIHAZ BOSEIRIRALE aS 55,334 100.0% Below. Be Feleney 7s 1,110 102.0% SAI 2,424 4.4% Rey 2.7% A926 61.8% AES 2,983 wim 62.201 3.9% A782 73.8% mosenmataiss (1,757 3.2% 689 1.2% MRANROs: Becton; KENEN BARA MIS OIE

7. Slide 7: Operating profit change factors

   me RIA FAR CORSER wowow mE A (+) WYZA (A) (i AR) EO BRMAR FN FRA ae +109 A1,408 SOBA (Bi) +1,003 Bae (HIRAI : 2.983857) ~eracmeseneesoen, somnn (44 : 2,201 5 5A) ©2025 WOWOW INC. 7

8. Slide 8: Cost breakdown

   CITAYhLUNBRELE/BSRAAW IE wowow AFaAP-AYFyYY ava TbY-TFAVFA (HS) rls Bera rls Bera 51,534 52,140 6,708 7,059 2,649 1,692 2023483Q 20244830 2023 3Q 20244 H3Q 2023 23Q 20244 3Q 2023 23Q 20244 3Q A198 KENENAAMAMH OBTTHO ET. A229 KERTAXY KOBE, LAXYMAMSIZEA THIET. ©2025 WOWOW INC. 8

9. Slide 9: Q3 results by segment

   20247 ER S3M+RRA MARU WOWOW (GLA) BOSE BALE 20234830 [Reyreaexe SADA 462 77 116.7% ee 543 62 111.5% EDR ARK A8I 15 - REEMA 2,479 A78 96.9% A) een! 341 A20 94.0% PY) aa SHI e 84 4 105.1% 1 P-RWSIC KS 228 ¢ 3 RWBOTYY LAMBS HEE (AB2 530A ORBAN E990 B15], SAAS HA) K2 FAB ROES CHT SOO PARKS ¢ OBS ©2025 W

10. Slide 10: Subscriber and revenue trends

    BWA OHB wowow MBG KIYVW A-VF VAL —AtHERBAASS 1 OWE - AEP Paramount+Oiwi = COmEICKO. BBSRC NS HLF me BAH (BE) OPE LALLA) (1638-%6) 27,083 26,025 24,761 25,692 18,982 19,792 39.1% 39.3% 30.7 78 - 20204 2021FE 20224 20234E 2023 E3Q 2024 3Q KBUEIS TST BR KENEN BAMA MISH DIBTTHOET. ©2025 WOWOW INC. 10

11. Slide 11: Scrum Sports & Entertainment Fund I, LP

    Scrum Sports & Entertainment Fund I, LP 10

12. Slide 12: Fund-related results

    202478 MAHHa WOW OW (BF) 2023E 202445 RUMAH RR +H ine aL aiRAZe aUBALE TERRA AE EX AQ92 92 - Aste A 2,467 - 100.0% ©2025 WOWOWINC. | 12

13. Slide 13: Full-year forecast by item

    20245E WM & Bt Bl (5 #4) (2024F10A310B BR ia) WOW OW (Bic AAA) 20237 ER Rin 202448 tH BORA LER in WALE at El WA EE AURA AO #A BLS 74,869 neem 75,600 100.0% 730 101.0% i fll it 1,450 1.9% 700 0.9% A750 48.3% EF FURS 2,057 2.7% i elele) 2.0% A557 72.9% RAMEE S 2s HE fet FL 28 1,092 1.5% (@) 0.0% HAWne

14. Slide 14: Dividend forecast

    202448 4H wowow Bic 34 77 &t SERFEORMA MBAR OM, PRIS RMIMGCeMANICHELT. AMRRORRE DDD, HNIC RENCE e BT 571 Bt SH /fc Se Mmm RCO RACY (Sic) ESA 80 77.3% 20205 2021FE 20224 202348 20244 Batiil *2 XC] SHAC5OPI+ SSRSOR/ FARE 1 OF 2 20247 Sst MlS MAKE CET SAM MARMAORAAOLO, AMttMldRaCR ©2025 WOWOW INC. | 14

15. Slide 15: 3. Topics

    3. FROM hs ©2025 WOWOW INC. 15

16. Slide 16: Upcoming concert content

    UY zo 1A] F te fal IF fe EXO #8 Blah ORMEKL/ KIYOSHI HIKAWA-+KIINA. 25th Anniversary Concert Tour —KIIZNA—, BSR YOASOBI 5th ANNIVERSARY DOME LIVE 2024 “ease” 2A218 (2) 8 TA31B (&) ARR ©2025 WOWOW INC.

17. Slide 17: Sports content: WOWSPO

    WOWMTD Pon :Gettylmages, F=A:Gettylmages.IFE—:7 WOWSPO Exim Videot 77420) TFyay TC WOWSPO, iets WOWaNE ete © CRIB ECA Pri y EUROPA CHAMPIONS CONFERENCE LEAGUE” LEAGUE LEAGUE 2024-25 RBK-FXY KZ "UEFAF PYEAYAU—TF 12024 -259-AY, "UEFAS—AYtY—7 12024 -25y—-Zy RBK-FTAY he 2A12B (zk)~ CL°EL 2024-25:RBK-FXY

18. Slide 18: Upcoming content and events

    * The Echige! KYW Grammys S67H775—-BRA d-WRYY Eh 230 (A) 2238 (8 -#t) AY—b (S658) SO7EPAFS—-RRATt (Fh) Yrv7AWOR 348 (4) 241228 (+) 29—b (#103) SKWOWOWA YF VY RF CREE ©2025 WOWOW INC.

19. Slide 19: Appendix

    Appendix ©2025 WOWOW INC. 19

20. Slide 20: IR Databook

    IR DATABOOK https://corporate.wowow.co.jp/ir/finance/databook/

21. Slide 21: W_O WO W

    W_O WO W @WOWOW ° aki kondo/dwarf ABS SCRA SARC MORM PRIS, REAFL TW SIRT ES HUM ROR ECE ie KATA REO RIL THO, VAT PMERIEZ BA TWEETS RRORM(S, SKSKGBRICKO CHORAL CMRASBREGISSETLE THAME EFS Wo RRO RBI RECSARSBR cold, BHROYUATI—TEUOBRAME CO EC PARR, HeOMAGEMBENTHIET. Tete L, RMBICHBSSABSRRECNSICRESNSSOO

Wowow — Q3 FY2025 Earnings Presentation on 6ix