1 1 SONY PICTURES ENTERTAINMENT Information Technology Fiscal Year 2015 Q2 Forecast and 2014 Mid Range Plan August 7, 2014

2 Wave 5 Assessment & Data Review – Confidential, Not for distribution - Attorney Client Privilege Executive Summary Budget to Q2 Variance: IT is expected to be $2.7m unfavorable to budget due primarily to: –Accounting for SPIRIT World & C2 Sales ($1.2m) –Discontinued Brazil JV allocation to Fox ($0.7m) –Unbudgeted / transferred headcount ($0.5m) –Non cap associated with additional cap spending ($0.5m) From PY MRP ($9+m) –Groups transferred in FY15, net of allocation ($2.5m) –TV Networks growth in UK ($1.2m) –Accounting for SPIRIT World & C2 Sales ($2.2m) –Non cap & depr. on incremental FY15 projects ($3.0m)

3 Overview FY15 Budgeted headcount higher than 2014 MRP by 19, offset by telecom cost & overhead allocation to projects Q2 headcount variance from budget: Interactive (4) and AMMO (2) Incremental FY16 Costs: Three incremental heads for UK TV growth Elimination of DMG salary allocation ($500k) SaaS for CSC ($500k) Year over year gross overhead growth between 3 and 4.4% Outer year depreciation & non-cap spending based on 2013 MRP + incremental on active projects Assumes no changes to allocation methods to LOBs, 3 rd parties, and projects

MRP to FY15 Budget & Q2 Forecast

5 Depreciation Expense DMG ($3m) not PY MRP + Incremental FY15 spending

6 Allocations If the “allocations at risk” items are discontinued, net unfavorable variance from MRP = $1.6m Proceeds from C2 assumed to be $0 (reduces NBV) Proceeds from Spiritworld sale ($1.7m) now accounted for under depreciation Potentially discontinued in the outer years ($6.4m)

7 Projects Non-Cap (Project Expenses)

8 Project and Non-Cap Risks

9 MRP 2013 vs Increased IT organization by 28 heads Incremental Outside Service expenses for DMG, TV and various LOBs Higher depreciation and non-cap due to added project spend