Sinclair, Inc.

Footnotes

F1

Represents the voluntary conversion of 99,290 shares of Class B Common Stock into 99,290 shares of Class A Common Stock on a one-for-one basis pursuant to the Company's governing documents. No additional consideration was paid in connection with the conversion.↩ 1↩ 2

F2

The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date.↩ 1↩ 2

F3

The Reporting Person also directly owns 22,686.911454 shares of Class A Common Stock held in a 40l(k) unitized stock fund. The Reporting Person also indirectly owns (i) 137,154 shares of Class B Common Stock divided equally among three irrevocable trusts, each for the benefit of a child of the Reporting Person, of which the Reporting Person is a co-trustee; (ii) 41,050 shares of Class B Common Stock held in irrevocable trust f/b/o family members; and (iii) 872,600 shares of Class B Common Stock collectively held in two separate irrevocable trusts f/b/o the Reporting Person.↩ 1↩ 2↩ 3↩ 4↩ 5

F4

The Reporting Person directly owns 185 shares of Class A Common Stock.↩ 1

F5

After giving effect to all of the transactions reported on this Form 4, Reporting Person shall own 185 shares of Class A Common Stock.↩ 1↩ 2↩ 3↩ 4↩ 5

F6

Reflects the average closing price on the date of the transactions.↩ 1↩ 2↩ 3