

							Value of Initial Fixed $100 Investment Based on:
Year	Summary Compensation Table Total for PEO #1 ($)	Summary Compensation Table Total for PEO #2 ($)	Compensation Actually Paid to PEO #1 ($)(1)(2)	Compensation Actually Paid to PEO #2 ($)(1)(2)	Average Summary Compensation Table Total for Non-PEO NEOs ($)	Average Compensation Actually Paid to Non-PEO NEOs ($)(1)(2)	Total Stockholder Return ($)	Peer Group Total Stockholder Return ($)(3)	Net Income (Loss) ($)	Revenue ($)
TP 2025	10,886,885	—	31,514,945	—	1,512,874	6,072,880	40	236	161,596,000	1,173,449,000
2024	8,018,778	—	776,203	—	1,486,011	(251,549)	12	190	(176,091,000)	1,622,796,000
2023	5,163,538	—	9,485,093	—	1,659,676	2,566,085	31	135	(287,917,000)	1,368,225,000
2022	8,382,861	—	(19,012,038)	—	907,013	(2,114,790)	17	81	(561,919,000)	1,008,696,000
2021	6,484,064	—	(29,263,387)	—	21,246,076	217,982	151	146	(382,963,000)	638,370,000
2020	21,694,522	949,986	102,300,236	949,986	7,145,337	16,644,399	272	115	(599,392,000)	217,746,000

Amounts represent compensation actually paid to our PEOs and the average compensation actually paid to our remaining named executive officers for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:


Year	PEO #1	PEO #2	Non-PEO NEOs
TP 2025	David Gandler	--	John Janedis, Edgar Bronfman, Jr., and Alberto Horihuela Suarez
2024	David Gandler	--	John Janedis, Edgar Bronfman, Jr., and Alberto Horihuela Suarez
2023	David Gandler	--	John Janedis, Edgar Bronfman, Jr., and Alberto Horihuela Suarez
2022	David Gandler	--	John Janedis, Edgar Bronfman, Jr., Alberto Horihuela Suarez and Simone Nardi
2021	David Gandler	--	Edgar Bronfman, Jr. and Alberto Horihuela Suarez
2020	David Gandler	John Textor(a)	Edgar Bronfman, Jr. and Simone Nardi

(a)John Textor served as our Chief Executive Officer from August 8, 2018 until April 1, 2020, as our Executive Chairman from April 1, 2020 to April 29, 2020 and as a director from August 8, 2018 to July 31, 2020. From April 29, 2020 through October 30, 2020, Mr. Textor served as our Head of Studio. He resigned from all positions with the Company as of October 30, 2020.

Adjustment To PEO Compensation, Footnote

The amounts reported in the “Compensation Actually Paid to PEO #1,” “Compensation Actually Paid to PEO #2,” and “Average Compensation Actually Paid to Non-PEO NEOs” columns do not reflect the actual compensation paid to or realized by our PEOs or our non-PEO NEOs during each applicable year or TP 2025. The calculation of compensation actually paid for purposes of this table includes point-in-time fair values of stock awards and these values will fluctuate based on our stock price, various accounting valuation assumptions and projected performance related to our performance awards. See the Summary Compensation Table for certain other compensation of our PEOs and our non-PEO NEOs for each applicable period and the Option Exercises and Stock Vested table for the value realized by each of them upon the vesting of stock awards during TP 2025.

Compensation actually paid to our named executive officers represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:


	2020			2021		2022		2023		2024		TP 2025
Adjustments	PEO #1	PEO #2	Average Non-PEO NEOs	PEO	Average Non- PEO NEOs	PEO	Average Non-PEO NEOs	PEO	Average Non-PEO NEOs	PEO	Average Non-PEO NEOs	PEO	Average Non-PEO NEOs
Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY	(20,937,563)	—	(6,903,041)	(5,432,006)	(20,891,705)	(7,255,640)	(471,640)	(3,459,074)	(1,072,583)	(4,213,381)	(672,597)	(7,901,641)	(793,691)
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End	85,959,630	—	5,223,616	7,255,640	1,906,972	159,004	165,109	6,692,957	1,065,625	2,930,177	543,762	14,569,733	2,169,518
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date	8,866,650	—	10,636,742	—	—	—	—	—	—	857,939	—	—	—
Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End	5,719,127	—	465,567	(32,402,476)	(1,804,638)	(15,911,093)	(1,636,967)	212,309	765,017	(6,161,145)	(1,403,047)	13,290,599	3,184,178
Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date	997,869	—	76,179	(5,168,339)	(238,722)	(4,387,170)	(914,821)	875,363	148,350	(656,165)	(205,679)	669,369	—
Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End	—	—	—	—	—	—	(611,214)	—	—	—	—	—	—


Increase based on Incremental Fair Value of Options/SARs Modified during Applicable FY	—	—	—	—	—	—	447,730	—	—	—	—	—	—
TOTAL ADJUSTMENTS	80,605,713	—	9,499,063	(35,747,181)	(21,028,093)	(27,394,899)	(3,021,803)	4,321,555	906,409	(7,242,575)	(1,737,560)	20,628,060	4,560,005

Non-PEO NEO Average Compensation Actually Paid Amount

6,072,880

(251,549)

2,566,085

(2,114,790)

217,982

16,644,399

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Company Selected Measure

Tabular List, Table

•Revenue;

•Adjusted EBITDA; and

•Subscribers.

Peer Group Total Shareholder Return Amount

236

190

135

81

146

115

Company Selected Measure Amount

1,173,449,000

1,622,796,000

1,368,225,000

1,008,696,000

638,370,000

217,746,000

Additional 402(v) Disclosure

For the relevant fiscal year or the 2025 Transition Period, as applicable, represents the cumulative TSR (the “Peer Group TSR”) of the S&P Media and Entertainment Index (the “Peer Group”) for the period commencing on October 8, 2020, the date on which our common shares commenced trading on the New York Stock Exchange, through December 31 of the applicable year (or September 27 for the 2025 Transition Period), and that all dividends, if any, were reinvested.

For additional details regarding our most important financial performance measures, please see the sections titled “Pay for Performance,” “Performance Bonuses” and “Long-Term Equity Incentives” in our compensation discussion and analysis elsewhere in this Proxy Statement.