X0508 4 2024-08-21 0001958140 Atlanta Braves Holdings, Inc. BATRK 0000937797 MALONE JOHN C 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112 1 0 Series B Common Stock 2024-08-21 4 J 0 887079.0000 0.0000 D 0.0000 D Series B Common Stock 2024-08-21 4 J 0 887079.0000 0.0000 A 887079.0000 I JCM AB LLC Series B Common Stock 47585.0000 I Leslie A. Malone 1995 Revocable Trust Each share of Series B Common Stock is convertible, at the holder's election, into one share of Series A Common Stock, at any time for no consideration other than the surrender of the share of Series B Common Stock for each share of Series A Common Stock. On August 21, 2024, Terence McGuirk and the John C. Malone 1995 Revocable Trust (the "Trust") entered into an operating agreement whereby the Trust contributed 887,079 shares of Series B Common Stock (the "Malone Series B Shares") to JCM AB LLC. This operating agreement generally entitles Mr. McGuirk to receive the portion of the proceeds of any transfer by JCM AB LLC of the Malone Series B Shares exceeding $50 per share. Mr. McGuirk also entered into a proxy and voting agreement with JCM AB LLC and certain of its affiliates pursuant to which Mr. McGuirk was appointed the proxy to vote the Malone Series B Shares on specified matters, and JCM ABC LLC and its affiliates granted Mr. McGuirk a right of first refusal with respect to the transfer of ownership of the Issuer's shares. Mr. McGuirk does not have the right to direct the disposition of the Malone Series B Shares, which is in the sole discretion of the Trust. The reporting person disclaims beneficial ownership of these shares. /s/ Katherine C. Jewell as Attorney-in-Fact for John C. Malone 2024-08-23