Comcast completes spin-off of Versant Media Group (VSNT) effective Jan 2, 2026

COMCAST CORP

Spin-off of Versant effective Jan 2, 2026; shares trade on Nasdaq under VSNT starting Jan 5.
Comcast shareholders received 1 share of Versant for every 25 Comcast shares held on Dec 16, 2025 record date.
Goldman Sachs, Morgan Stanley, and PJT Partners served as financial advisors; Davis Polk as legal counsel.
No fractional shares issued; aggregated whole shares sold in open market with cash proceeds to stockholders.
Comcast retained no ownership interest in Versant after the distribution.

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