NEXSTAR MEDIA GROUP DECLARES QUARTERLY CASH DIVIDEND OF $1.86 PER SHARE

NEXSTAR MEDIA GROUP DECLARES QUARTERLY CASH DIVIDEND OF $1.86 PER SHARE IRVING, Texas (July 31, 2026) – Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock. The dividend is payable on Friday, August 28, 2026, to shareholders of record on Friday, August 14, 2026. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion, including future increases. 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. For more information, please visit nexstar.tv. Investor Contacts: Lee Ann Gliha Executive Vice President and Chief Financial Officer Nexstar Media Group, Inc. 972/373-8800 Joseph Jaffoni or Jennifer Neuman JCIR 212/835-8500 or nxst@jcir.com Media Contact: Gary Weitman EVP and Chief Communications Officer 972/373-8800 gweitman@nexstar.tv # # #