Paramount (PARA) - 2024 Q2 - Quarterly Results

Exhibit 99 lal During the sa nd-quarter of 2024, we recorded a goodwill impairment charge for our Cable Networks n tal Disclosures at the end of this 2023, has been pres- ★ Direct-To-Consumer Adjusted OlBDA Improved $450 Million Year-Over-Year to $26 Million ★ Paramount+ Increased Revenue 46% Year-Over-Year ★ Company Advances Strategic Plan, Including $500 Million in Annualized Cost Savings ★ Paramount-Skydance Agreement Announced on July 7, 2024 STATEMENT FROM GEORGE CHEEKS, CHRIS MCCARTHY & BRIAN ROBBINS, ...