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REPORT Christian Music Broadcasters Salary Survey Report – 2020

WELCOME TO THE CMB SALARY STUDY The following survey was done as a service for Christian music broadcast leaders to assess the compensation of individual personnel, and to consider how best to prepare the future resourcing of their teams. We’re pleased to present the following report comprised of data collected from Christian music radio stations from across the country. Data was gathered in the first quarter of 2021 and represents the most recent salary and benefit information available as provided by participants employed by Christian music stations. CMB utilized the services of Miller Kaplan to survey and interview respondents and compile the data acquired. At no time were individual responses shared with anyone from CMB or any other survey participant. As you review the salary information, you’ll note we’ve included breakouts for markets 1-25, markets 26-100 and markets 101 and smaller, and for stations generating annual revenue of more than 3 million, 1-3 million, and less than 1 million. Where personnel have two or more titles and/or multiple responsibilities, the salary information is based on that person’s chief responsibility. As it relates to each position’s salary percentile rank, the percentile shows the salary below which a certain percent of the remaining salaries for that position fall. So, the 75th percentile is the salary that is higher than 74% of all the salaries for that position. The 50th percentile is the median for that position and is higher than 49% of all the salaries for that position. CMB expressed it this way to maintain confidentiality for all respondents while still giving useful information. Should you have any questions about the survey, please contact me at michelle@cmbonline.org. Sincerely, Michelle Younkman Executive Director MILLERKAPLAN.COM 2 CMB Salary Survey Report

TABLE OF CONTENTS CONTENT SURVEY METHODOLOGY FOR RADIO SALARY SURVEY 4 POSITIONS COVERED 5 SALARY DATA FOR RADIO STATIONS – NATIONWIDE 7 SALARY DATA FOR RADIO MARKET RANK 1-25 8 SALARY DATA FOR RADIO MARKET RANK 26-100 9 SALARY DATA FOR RADIO MARKET RANK 101 10 SALARY DATA FOR RADIO REVENUE 1M 11 SALARY DATA FOR RADIO REVENUE 1-3M 12 SALARY DATA FOR RADIO REVENUE 3M 13 BENEFIT DATA BY MARKET RANK 15 BENEFIT DATA BY REVENUE 17 3 CMB Salary Survey Report

SURVEY METHODOLOGY The salary survey has been tabulated based on data submitted from participating stations. Miller Kaplan has used industry tools and internal information to test the submissions but we have not independently verified the data for accuracy. Miller Kaplan imputed results for incomplete data within a station’s submission to allow for the proper classification of revenue report breakouts. In addition, transposition, rounding and other similar data errors were corrected to insure consistency. MILLERKAPLAN.COM 4 CMB Salary Survey Report

POSITIONS COVERED THE SURVEY COVERS 26 POSITIONS Technology Director - oversight of station’s computer network, hardware and software General Manager/Station Manager - oversight of (key) personnel and execution of station’s mission/ vision, may also have ops mgr/some funding duties Chief Engineer - oversight of broadcast tower, transmitter and general engineering needs Operations Manager - oversight of day to day operations, human resources, facilities and/or legal compliance Staff Engineer - assists chief engineer and/or oversight of studio equipment Business Manager - oversight of the station’s budget and financial affairs/accounts payable and receivable Digital Media Director/Producer - produces digital media (video, podcasting, non-terrestrial content) for station’s online presence Program Director - oversight of all on-air personnel, general station format Social Media Director - oversight of station’s web site design, coding and/or content, as well as station’s mobile app/social media development Asst. Program Director/Music Director oversight of music selection, scheduling, library maintenance Producer - oversight of assisting with producing content/show prep and/or board operation Morning Host - Hosts the station’s morning drive show News Director/News Announcer - oversight of writing and/or reporting the station’s on-air/ online newscasts Morning Co-host - Hosts the station’s morning drive show Donor Development Director - oversight of station relationships in recruiting, retaining and correspondence with donors Afternoon Host - Host the station’s afternoon drive show Midday Host - Host the station’s midday show Sales Manager - oversight of sales team development and recruitment/retention of advertising clients Evening Host - Host the station’s evening show Sales Representative - responsible for recruiting/ retaining advertising clients Production Director - oversight of station imaging and/or copy writing/recording of spots/ announcements Underwriting Director - oversight of underwriting team development and recruitment/retention of underwriting clients Promotions Director - oversight of station marketing and/or station sponsored concerts/ community events Underwriting Rep - responsible for recruiting/ retaining underwriting clients Promotions Assistant - assists the station’s Promotions Director Voice Tracker - independent voice tracker used to do an air shift 5 CMB Salary Survey Report

2020 CMB SALARY SURVEY REPORT MILLERKAPLAN.COM 6 CMB Salary Survey Report

2020 CMB Salary Survey Results*: CMB Markets 2020 COMPENSATION POSITION General Manager/Station Manager Operations Manager Business Manager Program Director Asst Program Director/Music Director Morning Host Morning Co-Host Afternoon Host Midday Host Evening Host Production Director Promotions Director Promotions Assistant Technology Director Chief Engineer Staff Engineer Digital Media Director/Producer Social Media Director Producer News Director/News Announcer Donor Development Director Sales Manager Sales Representative Underwriting Director Underwriting Representative Voice Tracker # of RESPONSES Average Base Comp Average Bonus (Cash) Average Total Compensation 25th Percentile Total Compensation Median Total Compensation 75th Percentile Total Compensation 85 51 54 59 22 24 19 25 15 5 38 47 21 12 38 10 14 12 36 15 23 42 145 19 17 ** 121,897 69,248 64,171 73,077 64,264 81,944 70,794 61,633 58,754 57,780 53,661 53,848 39,652 71,447 75,430 57,893 58,484 47,783 40,040 38,597 72,416 106,499 75,878 62,651 56,896 ** 3,073 1,256 1,125 2,099 1,480 2,566 5,572 2,018 1,387 1,350 436 905 835 669 873 1,595 654 986 606 77 2,687 4,063 1,658 7,349 1,341 ** 124,970 70,504 65,295 75,176 65,744 84,510 76,366 63,651 60,141 59,130 54,097 54,754 40,487 72,116 76,303 59,488 59,138 48,769 40,646 38,674 75,103 110,562 77,536 70,000 58,237 ** 82,000 51,495 46,499 56,834 55,750 62,504 56,332 45,250 43,735 44,900 40,226 42,625 35,527 50,308 59,668 54,059 39,453 35,988 34,055 31,798 52,000 88,084 46,362 57,500 39,853 ** 110,121 62,500 58,656 66,200 63,610 80,628 69,431 54,270 62,310 61,000 48,650 51,000 40,500 63,910 74,343 59,868 52,183 41,969 40,481 35,447 65,979 109,754 65,000 60,500 51,724 ** 155,219 78,100 70,692 84,275 77,507 112,498 93,250 81,000 76,000 64,000 61,747 63,500 47,760 78,684 92,777 64,536 72,904 63,258 45,290 47,137 89,870 135,789 94,976 67,569 77,200 ** * The results have been aggregated from 96 stations by Miller Kaplan Arase LLP, and are based on 2020 reported salaries. The data submitted has not been audited or reviewed for accuracy ** Not disclosed - Less than three entities reporting 7

2020 CMB Salary Survey Results*: CMB Markets 1-25 2020 COMPENSATION POSITION General Manager/Station Manager Operations Manager Business Manager Program Director Asst Program Director/Music Director Morning Host Morning Co-Host Afternoon Host Midday Host Evening Host Production Director Promotions Director Promotions Assistant Technology Director Chief Engineer Staff Engineer Digital Media Director/Producer Social Media Director Producer News Director/News Announcer Donor Development Director Sales Manager Sales Representative Underwriting Director Underwriting Representative Voice Tracker # of RESPONSES Average Base Comp Average Bonus (Cash) Average Total Compensation 25th Percentile Total Compensation Median Total Compensation 75th Percentile Total Compensation 31 25 29 19 9 10 7 7 5 ** 21 19 11 4 21 6 9 3 26 8 7 32 97 3 7 ** 161,352 71,120 66,054 81,919 70,057 99,417 90,251 86,904 67,385 ** 53,299 59,008 40,599 69,756 79,415 60,550 68,884 68,210 39,693 37,446 81,563 105,096 87,336 65,720 61,546 ** 3,804 1,256 1,369 3,088 483 2,810 2,479 2,479 470 ** 183 682 571 0 542 392 983 667 129 81 5,000 4,040 1,059 23,500 714 ** 165,156 72,375 67,423 85,006 70,541 102,227 92,729 89,383 67,855 ** 53,482 59,689 41,170 69,756 79,957 60,942 69,867 68,877 39,822 37,527 86,563 109,136 88,395 89,220 62,260 ** 127,198 52,736 54,208 52,484 65,211 87,911 80,585 73,927 64,287 ** 39,318 45,236 33,247 63,913 65,000 55,674 49,366 63,316 30,968 31,862 51,250 85,575 52,232 70,730 41,750 ** 159,511 62,684 68,286 83,944 70,000 103,334 95,000 82,000 66,900 ** 58,206 53,530 44,889 72,282 85,928 59,868 67,912 63,431 40,127 33,258 89,740 110,644 78,863 92,959 73,405 ** 202,742 90,000 70,809 113,000 83,100 122,775 105,968 105,913 83,086 ** 62,581 72,783 48,103 78,125 93,123 62,536 89,300 71,716 45,740 43,436 117,500 142,806 111,114 109,580 79,979 ** * The results have been aggregated from 96 stations by Miller Kaplan Arase LLP, and are based on 2020 reported salaries. The data submitted has not been audited or reviewed for accuracy ** Not disclosed - Less than three entities reporting 8

2020 CMB Salary Survey Results*: CMB Markets 26-100 2020 COMPENSATION POSITION General Manager/Station Manager Operations Manager Business Manager Program Director Asst Program Director/Music Director Morning Host Morning Co-Host Afternoon Host Midday Host Evening Host Production Director Promotions Director Promotions Assistant Technology Director Chief Engineer Staff Engineer Digital Media Director/Producer Social Media Director Producer News Director/News Announcer Donor Development Director Sales Manager Sales Representative Underwriting Director Underwriting Representative Voice Tracker # of RESPONSES Average Base Comp Average Bonus (Cash) Average Total Compensation 25th Percentile Total Compensation Median Total Compensation 75th Percentile Total Compensation 27 14 16 19 5 9 7 10 4 ** 8 14 6 7 12 3 ** 7 10 6 8 10 45 7 4 ** 117,312 72,474 66,654 76,719 65,131 73,786 62,893 56,963 64,135 ** 59,700 53,516 37,174 75,291 74,463 54,572 ** 42,425 40,943 37,915 77,761 110,988 51,348 68,406 52,481 ** 2,884 1,680 961 1,939 3,855 2,055 12,232 2,510 3,050 ** 716 1,351 1,458 1,146 1,150 3,867 ** 1,250 1,848 83 2,350 4,135 3,054 1,980 1,938 ** 120,196 74,154 67,616 78,658 68,986 75,841 75,125 59,473 67,185 ** 60,416 54,867 38,632 76,438 75,613 58,438 ** 43,675 42,791 37,998 80,111 115,123 54,402 70,386 54,419 ** 92,250 52,386 44,891 63,000 62,008 53,316 56,332 46,155 58,888 ** 41,255 43,063 35,132 52,297 58,742 46,158 ** 34,209 35,776 31,565 62,838 92,977 45,000 52,130 45,512 ** 118,933 63,039 51,747 71,059 77,675 70,000 61,366 53,661 68,204 ** 49,287 53,612 35,673 58,256 72,733 64,977 ** 38,938 41,017 40,109 76,209 109,324 48,415 59,289 51,724 ** 152,577 74,727 84,763 79,338 79,640 107,250 85,750 64,550 76,500 ** 61,024 56,926 42,705 88,873 95,914 73,989 ** 48,875 44,446 46,545 95,000 131,372 62,319 62,768 60,631 ** * The results have been aggregated from 96 stations by Miller Kaplan Arase LLP, and are based on 2020 reported salaries. The data submitted has not been audited or reviewed for accuracy ** Not disclosed - Less than three entities reporting 9

2020 CMB Salary Survey Results*: CMB Markets 101 2020 COMPENSATION POSITION General Manager/Station Manager Operations Manager Business Manager Program Director Asst Program Director/Music Director Morning Host Morning Co-Host Afternoon Host Midday Host Evening Host Production Director Promotions Director Promotions Assistant Technology Director Chief Engineer Staff Engineer Digital Media Director/Producer Social Media Director Producer News Director/News Announcer Donor Development Director Sales Manager Sales Representative Underwriting Director Underwriting Representative Voice Tracker # of RESPONSES Average Base Comp Average Bonus (Cash) Average Total Compensation 25th Percentile Total Compensation Median Total Compensation 75th Percentile Total Compensation 27 12 9 21 8 5 5 8 6 ** 9 14 4 ** 5 ** 3 ** ** ** 8 ** 3 9 6 ** 81,180 61,584 53,685 61,782 57,204 61,682 54,616 45,358 47,975 ** 49,140 47,179 40,767 ** 61,015 ** 42,768 ** ** ** 59,067 ** 73,333 57,152 54,414 ** 2,423 764 629 1,350 1,116 3,000 580 1,000 1,042 ** 776 763 625 ** 1,600 ** 0 ** ** ** 1,000 ** 100 6,142 1,675 ** 83,603 62,348 54,315 63,132 58,320 64,682 55,196 46,358 49,016 ** 49,916 47,942 41,392 ** 62,615 ** 42,768 ** ** ** 60,067 ** 73,433 63,294 56,089 ** 68,170 50,018 43,000 56,500 54,700 55,209 50,000 40,703 35,864 ** 44,000 36,838 38,875 ** 59,491 ** 35,509 ** ** ** 50,545 ** 70,150 60,333 41,735 ** 81,000 59,350 51,300 59,500 57,750 61,016 50,049 44,300 42,110 ** 46,402 45,775 40,125 ** 60,198 ** 37,500 ** ** ** 60,812 ** 70,300 65,005 50,778 ** 94,550 69,148 63,403 66,200 58,776 70,000 64,000 52,148 58,600 ** 50,300 55,192 42,641 ** 66,563 ** 47,394 ** ** ** 66,984 ** 75,150 66,025 55,396 ** * The results have been aggregated from 96 stations by Miller Kaplan Arase LLP, and are based on 2020 reported salaries. The data submitted has not been audited or reviewed for accuracy ** Not disclosed - Less than three entities reporting 10

2020 CMB Salary Survey Results*: CMB Markets 1M 2020 COMPENSATION POSITION General Manager/Station Manager Operations Manager Business Manager Program Director Asst Program Director/Music Director Morning Host Morning Co-Host Afternoon Host Midday Host Evening Host Production Director Promotions Director Promotions Assistant Technology Director Chief Engineer Staff Engineer Digital Media Director/Producer Social Media Director Producer News Director/News Announcer Donor Development Director Sales Manager Sales Representative Underwriting Director Underwriting Representative Voice Tracker # of RESPONSES Average Base Comp Average Bonus (Cash) Average Total Compensation 25th Percentile Total Compensation Median Total Compensation 75th Percentile Total Compensation 21 7 9 15 ** 4 ** 3 ** ** ** 5 ** ** ** ** ** ** ** 3 ** ** 6 4 ** ** 73,146 47,071 43,071 55,911 ** 44,376 ** 37,770 ** ** ** 38,238 ** ** ** ** ** ** ** 29,085 ** ** 61,679 42,565 ** ** 1,838 214 289 911 ** 1,436 ** 667 ** ** ** 1,010 ** ** ** ** ** ** ** 0 ** ** 215 9,902 ** ** 74,984 47,285 43,360 56,822 ** 45,812 ** 38,437 ** ** ** 39,248 ** ** ** ** ** ** ** 29,085 ** ** 61,894 52,467 ** ** 61,000 35,284 35,648 54,585 ** 38,705 ** 37,280 ** ** ** 31,500 ** ** ** ** ** ** ** 27,578 ** ** 34,062 46,222 ** ** 70,339 52,324 43,000 57,000 ** 39,670 ** 40,560 ** ** ** 43,250 ** ** ** ** ** ** ** 31,927 ** ** 53,400 51,630 ** ** 81,000 55,600 48,500 59,000 ** 46,777 ** 40,655 ** ** ** 43,550 ** ** ** ** ** ** ** 32,013 ** ** 80,975 57,875 ** ** * The results have been aggregated from 96 stations by Miller Kaplan Arase LLP, and are based on 2020 reported salaries. The data submitted has not been audited or reviewed for accuracy ** Not disclosed - Less than three entities reporting 11

2020 CMB Salary Survey Results*: CMB Markets 1-3M 2020 COMPENSATION POSITION General Manager/Station Manager Operations Manager Business Manager Program Director Asst Program Director/Music Director Morning Host Morning Co-Host Afternoon Host Midday Host Evening Host Production Director Promotions Director Promotions Assistant Technology Director Chief Engineer Staff Engineer Digital Media Director/Producer Social Media Director Producer News Director/News Announcer Donor Development Director Sales Manager Sales Representative Underwriting Director Underwriting Representative Voice Tracker # of RESPONSES Average Base Comp Average Bonus (Cash) Average Total Compensation 25th Percentile Total Compensation Median Total Compensation 75th Percentile Total Compensation 34 21 13 24 9 5 7 9 4 ** 15 19 7 ** 14 ** 3 5 13 6 13 14 70 11 8 ** 110,029 64,367 58,283 68,876 62,031 64,893 55,645 51,750 49,010 ** 44,410 47,938 36,412 ** 67,864 ** 46,263 34,982 37,623 40,015 64,796 88,285 61,735 59,401 50,896 ** 2,238 1,001 1,096 1,450 1,983 1,600 429 1,222 1,000 ** 876 644 612 ** 929 ** 0 216 391 25 1,081 3,888 2,265 2,798 1,356 ** 112,267 65,367 59,379 70,326 64,015 66,493 56,074 52,972 50,010 ** 45,285 48,582 37,024 ** 68,793 ** 46,263 35,199 38,014 40,040 65,877 92,173 63,999 62,199 52,252 ** 92,889 48,894 45,674 59,738 58,000 63,000 50,025 45,600 38,892 ** 38,711 39,047 29,379 ** 59,668 ** 40,750 33,000 30,884 32,355 50,500 71,608 45,050 59,000 39,515 ** 100,607 64,546 49,450 67,974 59,500 70,000 56,100 54,270 43,735 ** 44,000 48,801 39,000 ** 67,499 ** 44,000 36,178 35,545 39,593 65,000 100,583 55,569 65,005 46,190 ** 134,583 71,834 54,208 79,006 72,310 70,000 61,183 57,240 54,853 ** 46,701 55,120 44,034 ** 77,250 ** 50,644 36,700 41,723 46,601 70,000 112,985 79,783 66,002 54,582 ** * The results have been aggregated from 96 stations by Miller Kaplan Arase LLP, and are based on 2020 reported salaries. The data submitted has not been audited or reviewed for accuracy ** Not disclosed - Less than three entities reporting 12

2020 CMB Salary Survey Results*: CMB Markets 3M 2020 COMPENSATION POSITION General Manager/Station Manager Operations Manager Business Manager Program Director Asst Program Director/Music Director Morning Host Morning Co-Host Afternoon Host Midday Host Evening Host Production Director Promotions Director Promotions Assistant Technology Director Chief Engineer Staff Engineer Digital Media Director/Producer Social Media Director Producer News Director/News Announcer Donor Development Director Sales Manager Sales Representative Underwriting Director Underwriting Representative Voice Tracker # of RESPONSES Average Base Comp Average Bonus (Cash) Average Total Compensation 25th Percentile Total Compensation Median Total Compensation 75th Percentile Total Compensation 30 23 32 20 11 15 11 13 10 4 21 23 13 9 22 9 9 7 21 6 8 27 69 4 7 ** 169,472 80,454 72,496 90,993 69,152 97,646 83,007 73,981 65,227 61,000 61,031 62,124 41,755 80,361 83,517 58,557 68,884 56,927 42,208 41,936 91,402 118,088 91,460 91,677 71,875 ** 4,885 1,807 1,372 3,769 1,282 3,190 9,352 2,881 1,480 1,688 111 1,099 1,019 836 917 1,550 983 1,536 700 167 5,469 4,304 1,168 17,313 1,071 ** 174,356 82,261 73,868 94,762 70,434 100,836 92,359 76,862 66,707 62,688 61,142 63,223 42,774 81,197 84,434 60,107 69,867 58,462 42,908 42,103 96,870 122,391 92,628 108,989 72,946 ** 147,735 58,569 57,455 70,030 58,731 88,823 78,085 53,316 61,633 54,938 42,433 47,530 37,000 58,256 66,367 54,487 49,366 45,844 36,392 37,130 82,002 92,751 52,325 84,542 62,565 ** 174,265 71,474 68,943 90,284 70,000 107,250 91,500 81,000 65,594 62,500 58,464 57,431 44,889 75,000 89,213 60,500 67,912 63,200 41,929 44,657 89,870 124,886 77,983 109,580 77,200 ** 205,265 93,364 80,407 114,775 83,269 116,720 105,968 97,000 79,500 70,250 73,261 73,033 48,000 87,500 98,636 64,977 89,300 69,466 47,553 47,137 111,250 150,293 119,474 134,027 84,609 ** * The results have been aggregated from 96 stations by Miller Kaplan Arase LLP, and are based on 2020 reported salaries. The data submitted has not been audited or reviewed for accuracy ** Not disclosed - Less than three entities reporting 13

2020 CMB BENEFITS SURVEY REPORT MILLERKAPLAN.COM 14 CMB Salary Survey Report

2020 CMB Benefits Survey Results*: CMB Markets by Market Size General Information Market Size 1 - 25 26 - 100 101 Average Market Size 9 49 170 Non-Com Stations 12 15 22 Market Size 1 - 25 26 - 100 0% 2 6 101 9 Commercial Stations 2 4 3 Average # of Employees Full Time Part Time 19 6 13 4 8 4 Retirement Coverage Employer Match or Contribution Amount 1-2% 3-5% 2 5 4 7 7 6 Average Revenue 4,368,298 2,732,767 1,283,359 Participating Stations 24% 43% Markets 1 - 25 Markets 26 - 100 Markets 101 33% 5% 5 2 3 Medical Coverage Market Size 1 - 25 26 - 100 101 0% 0 3 1 Medical Plan for Employees 1-50% 51-99% 1 8 4 9 1 15 Percent of Stations Matching or Contributing 3% or more to Retirement 100% 5 3 8 100% 90% 90% 70% 60% 80% 71.4% 50% 40% Markets 1 - 25 70% Markets 26 - 100 60% Markets 101 50% Percent of Stations Contributing 51% or more to Employee's Dependents' Medical Plan 100% 92.9% 90% 92.0% 63.2% 40% 47.4% Medical Plan for Employees' Dependents 1-50% 51-99% 100% 2 8 2 3 10 2 5 13 4 Percent of Stations Contributing 51% or more to Employee Medical Plan 100% 80% 0% 2 4 3 80% Markets 1 - 25 70% Markets 26 - 100 60% Markets 101 50% 40% 30% 30% 20% 20% 20% 10% 10% 10% 0% 0% 0% 30% 36.0% 15 71.4% 63.2% 68.0% Markets 1 - 25 Markets 26 - 100 Markets 101

2020 CMB Benefits Survey Results*: CMB Markets by Market Size Days of Paid Time Off Paid Time Off (0-5 Years) Paid Time Off (6-10 Years) Paid Time Off (11-15 Years) Market Size 5-10 11-15 16-25 26 5-10 11-15 16-25 26 5-10 11-15 16-25 1 - 25 3 7 4 0 0 3 9 2 0 0 9 5 26 - 100 5 5 9 0 1 5 8 5 0 2 9 8 101 11 6 7 1 3 9 9 4 1 7 11 6 Paid Time Off (16-20 Years) Paid Time Off ( 20 Years) 26 Days Allowed to Carry Over Market Size 5-10 11-15 16-25 26 5-10 11-15 16-25 26 5-10 11-15 16-25 1 - 25 0 0 4 10 0 0 3 11 6 1 1 26 3 26 - 100 0 1 8 10 0 1 6 12 5 5 0 7 101 1 6 10 8 1 4 9 11 8 0 1 9 Miscellaneous Benefits Paid Holidays Other Benefit Options Market Size 0-5 6-7 8-9 10 Flexible Work Schedule Work at Home Option On Site Fitness/ Membership Tuition Reimbursement 1 - 25 1 1 3 9 6 10 3 5 26 - 100 101 0 6 7 5 3 7 9 7 9 10 7 13 5 7 7 10 Independent Contractors Market Size Morning Host Midday Host Afternoon Host Evening Host Overnight Host Chief Engineer 1 - 25 26 - 100 101 1 2 4 2 6 7 0 1 10 1 9 6 1 2 1 3 5 12 Market Size Studio Engineer IT/Network Support Underwriting /Sales Rep Promotions Productions Business 1 - 25 26 - 100 101 0 2 4 1 3 11 1 0 4 0 0 1 0 4 8 0 1 0 Market Size Webmaster Weekends Other 1 - 25 26 - 100 101 2 3 9 3 5 5 2 1 5 16

2020 CMB Benefits Survey Results*: CMB Markets by Revenue General Information Market Size 3 M 1-3 M 1 M Average Market Size 23 67 78 Non-Com Stations 11 19 19 Market Size 3 M 1-3 M 0% 0 6 1 M 11 Commercial Stations 3 3 3 Average # of Employees Full Time Part Time 28 5 10 5 4 3 Retirement Coverage Employer Match or Contribution Amount 1-2% 3-5% 1 5 7 7 5 Participating Stations Average Revenue 6,845,583 1,887,514 632,661 24% 38% Markets 3 M Markets 1-3 M 5% 8 2 6 38% Markets 1 M 0 Medical Coverage 0% 0 2 2 Market Size 3 M 1-3 M 1 M Medical Plan for Employees 1-50% 51-99% 2 8 3 14 1 10 Percent of Stations Matching or Contributing 3% or more to Retirement 100% 90% 80% 100% 4 3 9 100% 0 2 6 100% 80% 70% 60% Markets 1-3 M 50% Markets 1 M 90% 85.7% 77.3% 86.4% 80% Markets 3 M 70% 60% Markets 1-3 M 60% 50% Markets 1 M 50% 40% 40.9% Percent of Stations Contributing 51% or more to Employee's Dependents Medical Plan 100% 90% 92.9% Markets 3 M 30% Medical Plan for Employees' Dependents 1-50% 51-99% 4 10 4 13 2 8 Percent of Stations Contributing 51% or more to Employee Medical Plan 70% 40% 0% 0 3 6 40% 30% 30% 20% 20% 10% 10% 10% 0% 0% 0% 20% 27.3% 17 71.4% 68.2% Markets 3 M 63.6% Markets 1-3 M Markets 1 M

2020 CMB Benefits Survey Results*: CMB Markets by Revenue Days of Paid Time Off Paid Time Off (0-5 Years) Paid Time Off (6-10 Years) Paid Time Off (11-15 Years) Market Size 5-10 11-15 16-25 26 5-10 11-15 16-25 26 5-10 11-15 16-25 3 M 2 7 5 0 0 3 11 0 0 0 12 2 1-3 M 8 4 12 1 3 5 9 8 1 5 7 12 1 M 9 8 4 1 1 9 8 4 0 4 12 6 Paid Time Off (16-20 Years) Paid Time Off ( 20 Years) 26 Days Allowed to Carry Over Market Size 5-10 11-15 16-25 26 5-10 11-15 16-25 26 5-10 11-15 16-25 3 M 0 0 10 4 0 0 7 7 7 0 2 26 4 1-3 M 1 3 8 13 1 2 6 16 5 4 1 11 1 M 0 4 5 13 0 3 5 14 8 2 0 5 Miscellaneous Benefits Paid Holidays Other Benefit Options Market Size 0-5 6-7 8-9 10 Flexible Work Schedule Work at Home Option On Site Fitness/ Membership 3 M 1 2 3 8 8 10 5 8 1-3 M 1 M 2 5 6 6 5 6 12 5 8 10 12 11 5 6 11 4 Tuition Reimbursement Independent Contractors Market Size Morning Host Midday Host Afternoon Host Evening Host Overnight Host Chief Engineer 3 M 1-3 M 1 M 0 3 5 2 7 7 0 2 9 3 7 7 2 1 2 4 9 9 Market Size Studio Engineer IT/Network Support Underwriting /Sales Rep Promotions Productions Business 3 M 1-3 M 1 M 0 2 4 3 8 6 0 2 4 0 0 1 0 5 7 1 0 0 Market Size Webmaster Weekends Other 3 M 1-3 M 1 M 4 3 8 2 5 8 4 4 1 18

cmb salary survey report. benefit data by market rank. 15. salary data for radio revenue 3m. 13. salary data for radio revenue 1-3m. 12. salary data for radio revenue 1m. 11. salary data for radio market rank 101. 10. salary data for radio market rank 26-100. 9. salary data for radio market rank 1-25. 8. salary data for radio stations .

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