Momentum continues to build, as we expand the industry’s infrastructure with music-focused venues to support artists and reach untapped fan demand across the globe.” –Michael Rapino, President and CEO, Live Nation Entertainment QUARTERLY HIGHLIGHTS: MOMENTUM CONTINUES AFTER BIGGEST SUMMER CONCERT SEASON (versus prior year, reported FX) • Revenue of $7.7 billion • Operating income of $640 million • Adjusted operating income of $910 million • Highest ever concerts profitability with adjusted operating income of $474 million, up 39%, and margins of 7.2%, up more than two hundred basis points • Venue Nation fans spending more on-site: double-digit increases in on-site spending per fan at major festivals (over 100k fans) and up 9% at amphitheaters (same artist comparison) year-to-date • 144 million tickets sold for 2024 Live Nation concerts through October, up 3% • October transacted ticket sales for Ticketmaster up 15% on all ticket volume and up 23% for concert events, including Live Nation shows • Nearly all expected sponsorship commitments for the year booked, up double-digits VIEW HOW OUR OPERATING RESULTS COMPARE TO PAST QUARTERS IN THE 3Q24 TRENDED RESULTS GRID: https://investors.livenationentertainment.com/financial-information/financial-results 1 LEADING INDICATORS POINT TO MORE GROWTH IN 2025 (based on leading indicators through early November vs same period last year) • Growing concerts pipeline in large venues (stadiums, arenas, and amphitheaters), up double-digits compared to this point in 2023; stadium pipeline up double-digits compared to this point in 2022 • Over 20 million tickets already sold for Live Nation concerts in 2025, pacing up double-digits • Recent 2025 stadium onsales (including Coldplay, Rüfüs Du Sol and Shakira) delivering double-digit average growth in show grosses relative to past tours • Sponsorship momentum continues with commitments pacing up double-digits 2 CONCERTS DELIVERS RECORD PROFITABILITY (Q3 VS SAME PERIOD LAST YEAR) • Revenue of $6.6 billion • AOI of $474 million, up 39% • Record AOI margin of 7.2%, on track to deliver 2024 margins toward pre-pandemic levels ARENA AND AMPHITHEATER SHOWS DRIVE FAN GROWTH (YTD THROUGH Q3 VS SAME PERIOD LAST YEAR) • Show count up 13% to approximately 40k, fueled by arenas and amphitheaters and double-digit growth in theater and club shows • 112 million fans globally at Live Nation concerts, up 3% driven by double-digit growth in each arena and amphitheater attendance, more than offsetting a 30%+ decline in stadium attendance • Artists grossed 30% more per show on average when playing the same amphitheaters this year compared to 2022 / 2023, offsetting rising show costs GLOBAL FAN DEMAND REMAINS ROBUST • Tickets sold globally in September and October up over 20% year-over-year, reflecting continued strong demand 3 PORTFOLIO EXPANSION DELIVERS ATTRACTIVE RETURNS (YTD THROUGH Q3 VS SAME PERIOD LAST YEAR) • Venue Nation expects to host approximately 60 million fans this year, up 8% vs 2023 • Three major enhancements to our venue portfolio this year: ◦ Estadio GNP reopened this summer, with average net per fan spending up 20% compared to pre-renovation levels ◦ Northwell at Jones Beach amphitheater reopened after a successful renovation: season seat and box suite sales up 50%, food and beverage net per fan spending up double-digits, and VIP club sales up 50% ◦ Brooklyn Paramount opened earlier this year, and its VIP Club is generating 30% more revenue per show relative to VIP clubs at other top performing theaters in the U.S. • These venues, along with plans to add or refurbish an additional 14 venues through 2025, are expected to increase capacity by an incremental eight million fans • Elevating the fan experience: ◦ At Live Nation amphitheaters, average net per fan spending grew over $3 per fan, up 9%, for the same artists’ shows in 2024 relative to 2022/2023 ◦ Globally, major festivals (over 100k fans) average net per fan spending up double-digits for repeating events • Fans continue to seek premium offerings: ◦ VIP ticket premium revenue at major festivals (over 100k fans) up more than 20% ◦ Revenue for amphitheater VIP clubs increased by 19% 4 RESULTS REFLECT STRONG ONGOING DEMAND AND IMPACT OF VENUE MIX • Revenue of $694 million • AOI of $236 million • Full-year AOI margin expected to be similar to last year BUILDING BASE FOR CONTINUED GROWTH (YTD THROUGH Q3 VS SAME PERIOD LAST YEAR) • October transacted ticket sales up 15% on all ticket volume and up 23% for concert events, including Live Nation shows • 24 million net new enterprise tickets signed, with two-thirds from international markets • 238 million fee-bearing tickets sold, growing at an 8% CAGR since 2019, reflecting Ticketmaster’s global platform and ability to serve high demand onsales and global clients 5 SPONS

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other guidance in this release

Text is the filed exhibit, verbatim.