ViacomCBS Inc. (NASDAQ: VIAC; VIACA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per share on both its Class A and Class B Common Stock. The dividend will be payable on January 3, 2022 to stockholders of record at the close of business on December 15, 2021.

At the same time, the Board of Directors also declared a quarterly cash dividend of $1.4375 per share on its 5.75% Series A Mandatory Convertible Preferred Stock. The dividend will be payable on January 3, 2022 to stockholders of record at the close of business on December 15, 2021.

About ViacomCBS

ViacomCBS (NASDAQ: VIAC; VIACA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, its portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. The company delivers the largest share of the U.S. television audience and boasts one of the industry’s most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, ViacomCBS provides powerful capabilities in production, distribution, and advertising solutions.

For more information about ViacomCBS, please visit www.viacomcbs.com and follow @ViacomCBS on social platforms.

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Press: Justin Dini Executive Vice President, Corporate Communications (212) 846-2724 justin.dini@viacomcbs.com

Peter Collins Vice President, Corporate Communications (917) 826-4182 peter.collins@viacomcbs.com

Justin Blaber Senior Director, Corporate Communications (646) 823-6616 justin.blaber@viacomcbs.com

Pranita Sookai Director, Corporate Communications (718) 316-2182 pranita.sookai@viacomcbs.com

Investors: Anthony DiClemente Executive Vice President, Investor Relations (917) 796-4647 anthony.diclemente@viacomcbs.com

Jaime Morris Vice President, Investor Relations (646) 824-5450 jaime.morris@viacomcbs.com

Robert Amparo Manager, Investor Relations (347) 223-1682 robert.amparo@viacomcbs.com

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