Sony Pictures Entertainment Information Technology February Review March 13, 2014

Agenda FY15 IT Budget FY14 January Financials FY14 Projects Updates Project Spend $49.8M Excludes New Projects and New Project Pools Operating Expense Favorable to MRP $0.5M Excludes DMG/Tech Ops impact of $1.5M in FY15 Bain saving are included FY14 January Financials Capital Projects Headcount FY14 Projects Actual Spend, Forecast and Revised Budget Appendix contains Spend by Month and projected Cash Flow & Project View reports Updates Six Bain Initiatives – 4 committed savings - EIS $0.3M, ADM $0.6M, DMG $1.0M and Tech Ops $0.2M 2 uncommitted – Info Sec Merger $1.0M & BRM Right-Sizing $2.2M Make Overrides Better – failed UAT; potential impaired asset of $0.5M Review to determine investment needed to move into production EDM to be split into 2 projects FDI/MDM $1.1M and KPI $.5M – Update in process Transfer PARIS/Residuals $1.1M to occur – Requires Change Oder approvals of $2.2M Appendix

FY15 IT Budget - Capital Capital review meetings by DCIO Reviews with CIO by Carry-over, Enhancement Pools, HW/SW Pools & New Projects Bottom up requests – Pools supported by ServiceNow Changes Year-over-Year Consolidated Internal and External Pools to single application pools Capital spend by Application by BU New views of data by application spend across Multi-years Capturing expense portion of enhancements for internal and external labor First steps towards TCO of an application Review meeting include EIS and ADM participation in BU reviews To avoid potential duplication of efforts Ensure Infrastructure is aware of project demand Allows them to allocate HW/SW pool appropriately ADM team supports BU and makes them aware of BU projects demand Increase communication between BU and support teams FY15 Capital Demand exceeds $58.8M 1st pass submission Exceeds spend by $5M before new projects Provide CIO data by DCIO, spend type and application prior to DCIO reviews

FY15 IT Budget - Capital by DCIO and Application

FY15 IT Budget - Capital by DCIO and Application FY15 Project and Pool Spend by DCIO before New Projects 3 Year Trend Spend for Applications over $3M

FY15 SAP Application Detail of SAP spend by Project and Pool

FY15 SAP Carryover & Pools * * FY15 new proposals not included

FY15 Operating Expense - Budget vs. FY15 MRP

January Favorable YTD to Budget $1.0M

Cause of Change – January YTD

January FY14 Headcount Vacancy rate: Oct 5.9%, Nov 5.4%, Dec 4.5%, Jan 3.7%

January FY14 Project Spend Forecast by LOB ($ in 000’s) Annualized Monthly Run Rate: Oct $45.3M, Nov $47.0M, Dec $47.7M, Jan $60.7M

January FY14 Project View Forecast by LOB ($ in 000’s)

YTD Capital Spend by Month by LOB ($ in 000’s)

Appendix

FY14 Budget Challenges - YTD $6.3M

January FY14 – LOB Comparison to Budget