K. RUPERT MURDOCH TO BE APPOINTED

CHAIRMAN EMERITUS OF FOX CORPORATION AND

NEWS CORP

Los Angeles, CA and New York, NY – September 21, 2023 - Following a career that began nearly 70 years ago in 1954, Fox Corporation (“FOX”) (Nasdaq: FOXA, FOX) and News Corporation (“News Corp”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) announced today that Rupert Murdoch is stepping down as chairman of each board effective as of the upcoming Annual General Meeting of Shareholders of each company in mid-November. Mr. Murdoch will be appointed Chai…