PARAMOUNT+ ANNOUNCES EXCLUSIVE STREAMING BENEFIT FOR AARP MEMBERS

AARP Members Receive 10% Discount on Paramount+ Essential And Paramount+ with SHOWTIME(R) Plans

November 29, 2023 - Paramount+ today announced it is the exclusive streaming benefit for AARP members, offering a 10% discount* on the premium streaming service. Starting today, all AARP members are eligible for ongoing discounted plans for both the Paramount+ Essential and Paramount+ with SHOWTIME plans, which offers access to premium originals, thousands of popular series, hundreds of blockbuster films, live championship sports and breaking news.

"Aligning with world-class brands has been a cornerstone of our market-leading growth strategy, and we are thrilled to introduce a new offer with AARP that enables us to engage with millions of their members," said Jeff Shultz, Chief Strategy Officer and Chief Business Development Officer, Paramount Streaming. "Our total household offering, which includes popular content from studios such as CBS, Paramount Pictures and SHOWTIME(R), means Paramount+ is a natural fit for the AARP audience, and we are excited that this new deal allows us to better reach this vast and active community."

Participating AARP members can enjoy access to the complete Paramount+ library that features something for everyone in the household, including original series like LAWMEN: BASS REEVES, FRASIER, BILLIONS**, STAR TREK: STRANGE NEW WORLDS, THE CHI**, SURVIVOR and NCIS, as well as popular films, such as PAW PATROL: THE MIGHTY MOVIE, TEENAGE MUTANT NINJA TURTLES: MUTANT MAYHEM, TOP GUN: MAVERICK and more. The service is also the streaming home to CBS Sports that includes the NFL on CBS, UEFA and more.

"We're thrilled to share that AARP members now can enjoy access to Paramount+ streaming services," said Jason Mugg, AARP's Senior Vice President of Lifestyle. "This addition provides real value, catering to the diverse entertainment needs of our members and enhancing their everyday experiences."

The promotion is available to new and returning subscribers in the United States (excluding Puerto Rico) and is applicable for both monthly and annual plans.

*New and returning subscribers, with valid and active AARP membership, get 10% off any P+ subscription plan. After free trial SUBSCRIPTION AUTO-RENEWS AT 10% DISCOUNT OFF THE FULL PRICE OF CHOSEN PLAN (+TAX), AS APPLICABLE, AND YOUR PAYMENT METHOD CHARGED UNLESS YOU CANCEL. Cancel any time on your account page. No refunds. Cannot be combined with any other offers. T&Cs apply, see pplus.legal/subscription. If your AARP membership lapses, your Paramount+ discount will end, and you will be charged full price on your next renewal date. Discount is only available in the US and its territories and possessions (excluding Puerto Rico).

** Title is available to Paramount+ with SHOWTIME plan subscribers.

About Paramount+

Paramount+, a direct-to-consumer digital subscription video on-demand and live streaming service, combines live sports, breaking news and A Mountain of Entertainment(TM). The streaming service features an expansive library of original series, hit shows and popular movies across every genre from world-renowned brands and production studios, including BET, CBS, Comedy Central, MTV, Nickelodeon, Paramount Pictures and the Smithsonian Channel. Paramount+ with SHOWTIME(R), the service's cornerstone plan, is also home to SHOWTIME(R) content including scripted hits, critically acclaimed nonfiction projects, SHOWTIME SPORTS(R) (including industry-leading SHOWTIME Boxing(R)) and films. This premium plan includes unmatched events and sports programming through the local live CBS stream, including golf to basketball and more. All Paramount+ subscribers have streaming access to CBS News Network for 24/7 news and CBS Sports HQ for sports news and analysis. For more information about Paramount+, please visit www.paramountplus.com and follow @ParamountPlus on social platform.

About AARP

AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org/about-aarp/, www.aarp.org/español or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.

About AARP Services

AARP Services, founded in 1999, is a wholly-owned taxable subsidiary of AARP. AARP Services manages the provider relationships for and performs quality control oversight of the wide range of products and services that carry the AARP name and are made available by independent providers as benefits to AARP's millions of members. The provider offers currently span health products, financial products, travel and leisure products, and life event services. Specific products include Medicare supplemental insurance; credit cards, auto and home, mobile home and motorcycle insurance, life insurance and annuities; member discounts on rental cars, cruises, vacation packages and lodging; special offers on technology and gifts; pharmacy services and legal services. AARP Services also engages in new product development activities for AARP and provides certain consulting services to outside companies.