LIBERTY MEDIA CORPORATION

PRIVACY POLICY

Updated: March 2026

Effective: March 2026

This privacy policy (“Privacy Policy”) explains how Liberty Media Corporation (“Liberty Media,” “we,” “us”) collects, uses, discloses and protects Personal Information (information that may be used, directly or indirectly, to identify you) when you visit libertymedia.com (the “Site”), use the Site’s services, communicate with us through webforms, email or telephone, and when you otherwise engage with us.

Liberty Media is a holding company for various operating businesses that interact with consumers and other individuals and maintain their own websites and separate privacy policies. Liberty Media itself is not an operating entity and is not a consumer-facing business. In general, Liberty Media’s interactions with individuals are almost exclusively with shareholders, potential investors and analysts as well as other visitors to the Site.

You can access specific topics within this Privacy Policy, including information about the Personal Information we collect, the purposes for which we use and disclose such Personal Information, how long we retain such Personal Information and related topics, by clicking on the relevant links below:

[PERSONAL INFORMATION WE COLLECT]

The types of Personal Information that we collect or receive about you depend on how you interact with us. We have set out below the types of Personal Information we may collect by the different sources of information:

Personal Information We Collect Directly from You.

We may collect Personal Information directly from you, such as your full name, email address, telephone number, and any other Personal Information you may provide to us. We may also collect business contact data, professional experience, and background data.

Personal Information We Collect Automatically.

When you visit the Site, we may automatically collect certain types of information from you, including Personal Information. This information may include computer and connection information, such as statistics on your page views, traffic to and from our Site, referral URL, your IP address, and device identifiers. This information also may include your browsing history, transaction history, and your web log information. We may also collect information using tracking technologies such as cookies, web beacons, pixel tags, and similar technologies. You can learn more about these tracking tools in the “Tracking Technologies” section below.

[HOW WE USE YOUR PERSONAL INFORMATION]

We use the Personal Information we obtain about you for a variety of purposes as described below.

We Use Personal Information to Contact You.

We may use your Personal Information to respond to your questions and requests, to communicate with you about the Site’s services, or to manage your relationship with Liberty Media. We may also use your Personal Information to facilitate your participation in investor meetings or events and for general corporate communications.

We Use Personal Information to Improve Our Services and Manage Business Operations.

We may use your Personal Information to manage our business operations and perform our obligations and exercise our rights. We may also use your Personal Information to make our Site and services better or to customize your experience on our Site.

We Use Personal Information for Security Purposes or Other Lawful Purposes.

We may use your Personal Information to protect our company, our employees, and our Site and services, and to comply with our legal and regulatory obligations. In particular, we may use Personal Information to establish or exercise our rights, and to defend against a legal claim. We use Personal Information to detect, investigate, prevent, or take action regarding possible malicious, deceptive, fraudulent, or illegal activity, including fraudulent transactions, attempts to manipulate or violate our policies, procedures, and terms and conditions, security incidents, and harm to the rights, property, or safety of Liberty Media and our users, employees, or others.

For Other Uses to Which You May Consent.

We may use your Personal Information for other purposes to which you consent.

[WHEN WE DISCLOSE YOUR PERSONAL INFORMATION]

We may disclose your Personal Information to third parties as described below. For information about how to manage your information and the choices you have, see “Your Choices” below.

We Disclose Personal Information to Third Parties That Perform Services on Our Behalf.

We work with trusted business partners and third-party service providers that perform a variety of services on our behalf, such as providing IT, technical and website support, or sending email and corporate communications. If we disclose Personal Information to these third parties, we will require them to maintain the confidentiality and security of your Personal Information, and they will be restricted from using or disclosing such Personal Information other than to provide the requested services or as otherwise required by law.

We Disclose Personal Information if Required by Law or to Protect Our Rights.

We may disclose your Personal Information to respond to a court order or subpoena, or to otherwise cooperate with government or law enforcement agencies or officials. We may disclose your Personal Information to protect and defend our legal rights. We may also disclose your Personal Information if we believe it is necessary to investigate or prevent illegal activities, such as fraud, threats to the safety of any person, violations of this Privacy Policy or Liberty Media’s Terms of Use, or as otherwise required by law.

We May Disclose Personal Information in the Case of a Sale, Assignment, or Change of Control.

If we change our ownership or corporate organization while providing the Site and services, we may transfer to another entity or its affiliates or service providers some or all Personal Information about you in connection with, or during negotiations of, any merger, acquisition, sale of assets or any line of business, change in ownership control, or similar type of transaction.

Additional Disclosures of Personal Information.

From time to time, we may disclose your Personal Information to our attorneys, auditors, or other professional service providers and advisors in connection with the purposes described above. We may disclose your Personal Information with your consent to other unaffiliated third parties who are not described elsewhere in this Privacy Policy.

[OPT-OUT OF CORPORATE COMMUNICATIONS]

When you sign up for corporate communications on our Site, you will be asked to provide us with an accurate email address through which we may contact you. To stop receiving our corporate communications, you may email us at investor@libertymedia.com or follow the instructions in any message you get from us. Even if you opt-out of getting corporate communication messages, we may still contact you through email in response to your questions.

[TRACKING TECHNOLOGIES]

We Use Common Tracking Technologies.

Like many websites, we may use digital tracking technologies such as cookies, pixels, web beacons and similar technologies (collectively, “Cookies”) to record your preferences, track the use of our Site, and for the related purposes described below. We may also use Cookies to monitor traffic, improve the Site, and make the Site easier to use and more relevant.

We use essential Cookies that the Site needs in order to function and that enable you to move around and use the Site and features.  Without these essential Cookies, the Site will not perform as smoothly for you as we would like it to, and we may not be able to provide the Site or certain services or features you request.  These Cookies are also used for troubleshooting and security purposes.

(Commercially Recognized Opt-Out Signal (Global Privacy Controls, Do Not Track).

Liberty Media generally recognizes certain commercially recognized opt-out preference signals (e.g., Global Privacy Controls).  Recognition of this signal applies only to the specific device and/or browser that communicates the signal and does not apply to other devices/browsers you use to access our services.

[INTERNATIONAL RESIDENTS]

Our Site and all related data, including any Personal Information you provide, are hosted and processed in the United States. By using our Site or providing information to us, you understand that we will transfer, store and process your information in the United States, where data protection laws may differ from those in your country of residence.

[ACCESSIBILITY]

We are committed to ensuring that our communications are accessible to people with disabilities. To make accessibility-related requests or report barriers, please contact us at investor@libertymedia.com.

[HOW WE SECURE YOUR PERSONAL INFORMATION]

Liberty Media uses commercially reasonable organizational, technical and administrative means to protect your Personal Information; however, we cannot guarantee that your information will be 100% safe. You are responsible for the security of your Personal Information and/or any Personal Information that you transmit to us or view, download, or otherwise access.

[DATA RETENTION]

We will retain your Personal Information for as long as necessary to fulfill the purposes for which it was collected by us, including for the purposes of complying with our data retention policies and procedures and satisfying any legal, accounting, or reporting requirements, including applicable statute of limitations periods.

[OTHER IMPORTANT INFORMATION]

Children Under 13: Our Site is intended for users 13 and older. If you are under 13, do not use or provide any information on the Site. If we learn we have collected or received Personal Information from a child under 13 without verification of parental consent, we will delete that Personal Information promptly. If you believe we might have any Personal Information from or about a child under 13, please contact us.

[UPDATES TO OUR PRIVACY POLICY]

As we add new features and functionality to our Site or services or in response to changes in our business practices or applicable law, we may need to update or revise this Privacy Policy. We reserve the right to do so at any time and without prior notice, by posting the revised version on our Site. You should check back for the most current version before relying on any of the provisions in this Policy.

[QUESTIONS]

If you have any questions related to this Privacy Policy or our privacy practices, please contact us via the libertymedia.com website, by email at investor@libertymedia.com, or by letter addressed to:

12300 Liberty Blvd
Englewood, CO 80112
Attn: Chief Legal Officer