FuboTV Inc.

Reverse Stock Split

This brings us to the reverse stock split. As you know,**the reverse stock split does not change the fundamentals of a business.**It does not impact Fubo’s cash, operations, or our long-term earnings potential. What it does impact is how the stock is structured and perceived in the market.

The decision to initiate the reverse split was driven by a clear objective:to position Fubo for long-term success in the public markets.

Specifically, the reverse split was designed to:

Importantly, the decision to effectuate a reverse split was a proactive, strategic decision to best position the Company over the long-term.

I also want to address a concern we have heard that the reverse stock split signals an intention to issue dilutive, additional equity for capital raising purposes.

Given our confidence in the strength of our financial position, we do notcurrently have any plans to do that. We are operating from a position of financial strength with the resources to fund our current operations and execute our strategy without a need to raise equity capital based on our outlook.

Our focus is on creating value, not diluting it.

Content Strategy and NBCUniversal

FuboTV Inc., as a company, continues to offer NBCUniversal(“NBCU”) content through Hulu + Live TV. As a reminder, Hulu + Live TV operates at a significantly larger scale. While we acknowledge that the Fubo service does not currently include NBCU content, the impact on the overall Company has been modest. This is because the impact on the Fubo service has been lower than expected. Additionally, many customers, including existing Fubo subscribers, who seek NBCU content may access that programming through a separate subscription to Hulu + Live TV.

That said, we have begun to market Hulu + Live TV to customers of the Fubo service who may prefer Hulu + Live TV’s more comprehensive channel line-up. We expect to identify additional opportunities to more prominently feature Hulu + Live TV across the Fubo customer journey.

One of our objectives post the business combination has been tooptimize the legacy Fubo service and improve unit economics while expanding the range of options available to consumers across the combined platform.

For many years, we have been focused on ourpath to profitability. As demonstrated by our results, that process is now well underway. It includes:

At the same time, we are continuing tostrengthen our content offering across each service.

Recently, and in time for Opening Day, the Fubo streaming service secured coverage of 17 pro baseball teams. This includes the addition of SNY in New York, returning all three regional sports networks(“RSNs”) in this leading market, as well as Spectrum SportsNet LA which gives us LA Dodgers coverage for the first time.