Nexstar Media Charitable Foundation Donates $5,000 to United Negro College Fund in Chicago, IL

Irving, TX and Chicago, IL (August 29, 2024) - The Nexstar Media Charitable Foundation and WGN-TV, the Nexstar Media Group, Inc. (NASDAQ: NXST) television station serving Chicago, IL, and the surrounding area, today announced that the Foundation will donate $5,000 to the Chicago chapter of United Negro College Fund (UNCF). The donation was made live on the WGN-TV Midday newscast and will be used to fund scholarships for students attending a range of historically Black colleges and universities throughout the United States.

UNCF's mission is to build a robust and nationally recognized pipeline of under-represented students who, because of UNCF support, become highly qualified college graduates and to ensure that its network of member institutions is a respected model of best practice in moving students to and through college. Annually, the organization awards about $65 million to more than 12,000 students and provides significant financial support to 37 historically Black colleges and universities across the country. It also serves as the nation's leading advocate for the importance of minority education and community engagement.

"WGN-TV has a history of supporting the Chicago Chapter of the UNCF," said Paul Rennie, Vice President and General Manager of WGN-TV. "In many cases, a scholarship from UNCF can make the difference between getting a college education or staying home-the need is great, and we are happy to support them in this, the UNCF's 80^th anniversary year. Giving back to the communities served by Nexstar in 116 markets across the country is core to the company's mission and we, Chicago's Very Own WGN-TV Channel 9, is proud and honored that the Nexstar Media Charitable Foundation is able to make this $5,000 donation to such a worthy organization."

The Nexstar Media Charitable Foundation's mission is to contribute to and work with public charities and non-profit organizations to improve the communities in which Nexstar Media and its subsidiaries do business. The foundation was originally established in 1958 and it makes donations of approximately $350,000 annually.

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About Nexstar Media Group, Inc.
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms, including more than 310,000 hours of programming produced annually by its business units. Nexstar owns America's largest local television broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 220 million people. Nexstar's national television properties include The CW, America's fifth major broadcast network, NewsNation, our national news network providing "News for All America," popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The Company's portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com, are collectively a Top 10 U.S. digital news and information property. For more information, please visit nexstar.tv.

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