FuboTV Inc.

Previous wording

As of December 31, 2025, we had $322.9 million of outstanding indebtedness on a consolidated basis which included $144.8 million of 2026 Convertible Notes, $177.5 million of 2029 Convertible Notes, and other notes outstanding with an aggregate principal of approximately $0.6 million. In January 2026, we and an affiliate of Disney entered into a promissory note (the "Disney Note") pursuant to which such affiliate provided us with $145.0 million of indebtedness in the form of a senior unsecured term loan. Additionally, the terms of the 2029 Notes Indenture allow for interest payments on the 2029 Convertible Notes to be paid in kind. If we choose to pay interest on the 2029 Convertible Notes in kind, the aggregate principal amount of 2029 Convertible Notes outstanding will increase.

Current wording

As of March 31, 2026, we had $323.0 million of outstanding indebtedness on a consolidated basis which included $177.5 million of 2029 Convertible Notes, $145.0 million of debt from Disney and other notes outstanding with an aggregate principal of approximately $0.5 million. In January 2026, we and an affiliate of Disney entered into a promissory note (the "Disney Note") pursuant to which such affiliate provided us with $145.0 million of indebtedness in the form of a senior unsecured term loan. Additionally, the terms of the 2029 Notes Indenture allow for interest payments on the 2029 Convertible Notes to be paid in kind. If we choose to pay interest on the 2029 Convertible Notes in kind, the aggregate principal amount of 2029 Convertible Notes outstanding will increase.

Previous wording

The Business Combination involves the combination of two businesses, the historical Fubo business and the Hulu Live Business. We are required to devote management attention and resources to integrating our respective business practices and operations. Difficulties we may encounter in the integration process include the following:

Current wording

The Business Combination involves the combination of two businesses, the historical Fubo business and the Hulu Live Business. We are required to devote management attention and resources to integrating our respective business practices and operations. Difficulties in the integration process that we have encountered or that we may encounter in the future include the following:

Previous wording

We have recorded material non-cash goodwill and long-lived asset impairment charges in prior periods.

Current wording

We have recorded material non-cash goodwill and long-lived asset impairment charges in prior periods. In addition, in April 2026, we determined that the decrease in our stock price and market capitalization observed since the Closing Date of the Business Combination represented a triggering event. Based on a quantitative interim impairment test of the Company’s goodwill as of March 31, 2026, we concluded no impairment was warranted. If our stock price and market capitalization and the financial performance of the reporting unit decline, then it is possible these financial and economic conditions could result in another triggering event for the reporting unit in the future and could lead to a potential impairment. While management cannot predict if or when additional future goodwill or long-lived asset impairments may occur, additional impairments could have material adverse effects on the Company’s operating income, net assets, and/or the Company’s cost of, or access to, capital.

Previous wording

•announcements regarding stock repurchases and sales of our equity and debt securities;

Current wording

•announcements regarding actions by the Company with respect to our capital stock, including stock splits or dividends, stock repurchases and sales of our equity and debt securities;