MADISON SQUARE GARDEN ENTERTAINMENT CORP.

            TWO PENNSYLVANIA PLAZA

            NEW YORK, NY 10121

YOUR VOTE IS IMPORTANT, PLEASE VOTE TODAY.

Vote by the Internet or Telephone or Mail

24 Hours a Day, 7 Days a Week

Your Internet or telephone vote authorizes the named proxies to vote the shares in the same manner as if you marked, signed and returned your proxy card.

VOTE BY INTERNET - www.proxyvote.com

Use the Internet to transmit your voting instructions and for electronic delivery of information up until 11:59 p.m., Eastern Time, on July 7, 2021 (July 5, 2021 for participants in the AMC Networks Inc. 401(k) Plan). Have your proxy card in hand when you access the website and then follow the instructions provided.

ELECTRONIC DELIVERY OF FUTURE STOCKHOLDER COMMUNICATIONS

If you would like to reduce the costs incurred by Madison Square Garden Entertainment Corp. in mailing proxy materials, you can consent to receiving all future proxy statements, proxy cards and Annual Reports on Form 10-K electronically via email or the Internet. To sign up for electronic delivery, please follow the instructions above to vote using the Internet and, when prompted, indicate that you agree to receive or access stockholder communications electronically in future years.

VOTE BY PHONE - 1-800-690-6903

Use any touch-tone telephone to transmit your voting instructions until 11:59 p.m., Eastern Time, on July 7, 2021 (July 5, 2021 for participants in the AMC Networks Inc. 401(k) Plan). Have your proxy card in hand when you call and then follow the instructions provided.

VOTE BY MAIL

Mark, sign, and date your proxy card and return it in the postage-paid envelope we have provided or return it to Madison Square Garden Entertainment Corp., c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717. Your proxy card must be received by July 7, 2021 (July 5, 2021 for participants in the AMC Networks Inc. 401(k) Plan).

Special Meeting Registration: You must register and obtain an admission ticket to attend the special meeting. Go to the “Register for Meeting” link at www.proxyvote.com to register. Individuals without proper identification and an admission ticket will not be permitted to attend the special meeting.

If you vote by the Internet or by telephone you do NOT need to mail back your proxy card.

 

MADISON SQUARE GARDEN ENTERTAINMENT CORP.
Unless otherwise specified in the spaces provided, the undersigned’s vote is cast FOR Proposals 1 and 2, as more fully described in the accompanying Proxy Statement.
The Board of Directors recommends you vote FOR Proposals 1 and 2:		For		Against		Abstain
1.  Approval of the issuance of Madison Square Garden Entertainment Corp. common stock as consideration for MSG Networks Inc. stockholders pursuant to the Agreement and Plan of Merger, dated as of March 25, 2021 (as may be amended from time to time), among MSG Networks Inc., Madison Square Garden Entertainment Corp. and Broadway Sub Inc.		☐		☐		☐
2.  Approval of the adjournment of Madison Square Garden Entertainment Corp.’s special meeting, if necessary or appropriate, to solicit additional proxies if there are not sufficient votes to approve Proposal 1.		☐		☐		☐
NOTE: Such other business as may properly come before the meeting or any adjournment thereof.

In their discretion, the proxies are authorized to vote upon such other business as may properly come before the meeting. Your signature should appear the same as your name appears. If signing as attorney, executor, trustee or guardian, please indicate the capacity in which signing. When signing as joint tenants, all parties to the joint tenancy must sign. When a corporation gives the proxy, it should be signed by an authorized officer and the corporate seal affixed.

 

Signature [PLEASE SIGN WITHIN BOX]

Date

Signature (Joint Owners)

Date

 

                             CLASS A PROXY CARD

MADISON SQUARE GARDEN ENTERTAINMENT CORP.

Solicited by the Board of Directors for the

Special Meeting of Stockholders on July 8, 2021

The undersigned hereby appoints Mark H. FitzPatrick, Scott S. Packman and Emma Y. Barnett and each of them, jointly and severally, proxies with full power of substitution, to vote all stock of Madison Square Garden Entertainment Corp. (the “Company”) which the undersigned is entitled to vote at the Company’s Special Meeting of Stockholders to be held at the J.P. Morgan Club at the Madison Square Garden Arena, located on Seventh Avenue between West 31st Street and West 33rd Street, New York, NY 10121, on Thursday, July 8, 2021, at 10:00 a.m., Eastern Time, and any adjournment or postponement thereof, hereby ratifying all that said proxies or their substitutes may do by virtue hereof, and the undersigned authorizes and instructs said proxies to vote as stated on the reverse side. If you sign and return this proxy card but do not give any direction, these shares will be voted FOR Proposals 1 and 2, in the discretion of the proxies, and upon such other matters as may properly come before the Special Meeting and at any adjournment or postponement thereof.

Attention participants in the AMC Networks Inc. 401(k) Plan: If you hold shares of the Company’s Class A Common Stock through the AMC Networks Inc. 401(k) Plan, you should complete, sign and return this proxy card to instruct Fidelity Management Trust Company, as Trustee of the Plan, how to vote these shares. Your proxy card must be received no later than 11:59 p.m., Eastern Time, on July 5, 2021 so that the Trustee (who votes the shares on behalf of the AMC Networks Inc. 401(k) Plan participants) has adequate time to tabulate the voting instructions. Fidelity Management Trust Company shall not vote shares of the Company’s Class A Common Stock allocated to a participant’s account for which it has not received instructions from the participant. Please read the enclosed Proxy Statement for more information.

Important Notice: To attend the Special Meeting you must have an admission ticket and comply with COVID-19 safety protocols. To obtain an admission ticket, go to www.proxyvote.com or call 1-844-318-0137 (toll-free) or 925-331-6070 (international). The deadline to obtain an admission ticket is 5:00 p.m., Eastern Time, on July 2, 2021. For further details, see “How can I attend the special meetings?” in the Proxy Statement. In addition, video and audio recording devices and other electronic devices will not be permitted at the special meeting and attendees will be subject to security inspections.

The undersigned hereby acknowledges receipt of the Notice of the Special Meeting and the Proxy Statement of the Company.

(Continued and to be signed on the reverse side)

 

        

            MADISON SQUARE GARDEN ENTERTAINMENT CORP.

            TWO PENNSYLVANIA PLAZA

            NEW YORK, NY 10121

YOUR VOTE IS IMPORTANT, PLEASE VOTE TODAY.

Vote by the Internet or Telephone or Mail

24 Hours a Day, 7 Days a Week

Your Internet or telephone vote authorizes the named proxies to vote the shares in the same manner as if you marked, signed and returned your proxy card.

VOTE BY INTERNET - www.proxyvote.com

Use the Internet to transmit your voting instructions and for electronic delivery of information up until 11:59 p.m., Eastern Time, on July 7, 2021. Have your proxy card in hand when you access the website and then follow the instructions provided.

ELECTRONIC DELIVERY OF FUTURE STOCKHOLDER COMMUNICATIONS

If you would like to reduce the costs incurred by Madison Square Garden Entertainment Corp. in mailing proxy materials, you can consent to receiving all future proxy statements, proxy cards and Annual Reports on Form 10-K electronically via email or the Internet. To sign up for electronic delivery, please follow the instructions above to vote using the Internet and, when prompted, indicate that you agree to receive or access stockholder communications electronically in future years.

VOTE BY PHONE - 1-800-690-6903

Use any touch-tone telephone to transmit your voting instructions until 11:59 p.m., Eastern Time, on July 7, 2021. Have your proxy card in hand when you call and then follow the instructions provided.

VOTE BY MAIL

Mark, sign, and date your proxy card and return it in the postage-paid envelope we have provided or return it to Madison Square Garden Entertainment Corp., c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717. Your proxy card must be received by July 7, 2021.

Special Meeting Registration: You must register and obtain an admission ticket to attend the special meeting. Go to the “Register for Meeting” link at www.proxyvote.com to register. Individuals without proper identification and an admission ticket will not be permitted to attend the special meeting.

If you vote by the Internet or by telephone you do NOT need to mail back your proxy card.

 

MADISON SQUARE GARDEN ENTERTAINMENT CORP.
Unless otherwise specified in the spaces provided, the undersigned’s vote is cast FOR Proposals 1 and 2, as more fully described in the accompanying Proxy Statement.
The Board of Directors recommends you vote FOR Proposals 1 and 2:		For		Against		Abstain
1.  Approval of the issuance of Madison Square Garden Entertainment Corp. common stock as consideration for MSG Networks Inc. stockholders pursuant to the Agreement and Plan of Merger, dated as of March 25, 2021 (as may be amended from time to time), among MSG Networks Inc., Madison Square Garden Entertainment Corp. and Broadway Sub Inc.		☐		☐		☐
2.  Approval of the adjournment of Madison Square Garden Entertainment Corp.’s special meeting, if necessary or appropriate, to solicit additional proxies if there are not sufficient votes to approve Proposal 1.		☐		☐		☐
NOTE: Such other business as may properly come before the meeting or any adjournment thereof.

In their discretion, the proxies are authorized to vote upon such other business as may properly come before the meeting. Your signature should appear the same as your name appears. If signing as attorney, executor, trustee or guardian, please indicate the capacity in which signing. When signing as joint tenants, all parties to the joint tenancy must sign. When a corporation gives the proxy, it should be signed by an authorized officer and the corporate seal affixed.

 

Signature [PLEASE SIGN WITHIN BOX]

Date

Signature (Joint Owners)

Date

 

                CLASS B PROXY CARD

MADISON SQUARE GARDEN ENTERTAINMENT CORP.

Solicited by the Board of Directors for the

Special Meeting of Stockholders on July 8, 2021

The undersigned hereby appoints Mark H. FitzPatrick, Scott S. Packman and Emma Y. Barnett and each of them, jointly and severally, proxies with full power of substitution, to vote all stock of Madison Square Garden Entertainment Corp. (the “Company”) which the undersigned is entitled to vote at the Company’s Special Meeting of Stockholders to be held at the J.P. Morgan Club at the Madison Square Garden Arena, located on Seventh Avenue between West 31st Street and West 33rd Street, New York, NY 10121, on Thursday, July 8, 2021, at 10:00 a.m., Eastern Time, and any adjournment or postponement thereof, hereby ratifying all that said proxies or their substitutes may do by virtue hereof, and the undersigned authorizes and instructs said proxies to vote as stated on the reverse side. If you sign and return this proxy card but do not give any direction, these shares will be voted FOR Proposals 1 and 2, in the discretion of the proxies, and upon such other matters as may properly come before the Special Meeting and at any adjournment or postponement thereof.

Important Notice: To attend the Special Meeting you must have an admission ticket and comply with COVID-19 safety protocols. To obtain an admission ticket, go to www.proxyvote.com or call 1-844-318-0137 (toll-free) or 925-331-6070 (international). The deadline to obtain an admission ticket is 5:00 p.m., Eastern Time, on July 2, 2021. For further details, see “How can I attend the special meetings?” in the Proxy Statement. In addition, video and audio recording devices and other electronic devices will not be permitted at the special meeting and attendees will be subject to security inspections.

The undersigned hereby acknowledges receipt of the Notice of the Special Meeting and the Proxy Statement of the Company.

(Continued and to be signed on the reverse side)