ITF

2021 ITF Annual Review 8 FINANCIAL OVERVIEW * residual income from event held in previous years † contribu on for an -doping services. From 2022 services carried out by Interna onal Tennis Integrity Agency $34.8m ITF major events $11.4m Sale of tournament data rights $10.7m Income for interna onal tennis development $9.7m Other income US$ million ITF major events: sponsorship, compe on and television income 34.8 Davis Cup license fee (from Kosmos) 19.7 Billie Jean King Cup Finals hos ng fee 3.0 Sponsorship rights 5.7 Receipts from events 3.7 Hopman Cup income* 0.2 Media rights (including TV) and licensing income 2.5 Sale of tournament data rights: ITF World Tennis Tour, Davis Cup, Billie Jean King Cup 11.4 Income for interna onal tennis development 10.7 Grand Slam Player Development Programme (formerly Grand Slam Development Fund) 1.1 Wheelchair Tennis Development Fund 0.1 Olympics (income from IOC) 8.8 Olympic Solidarity 0.2 Other income for development 0.5 Other income 9.7 Subscrip ons from member Na onal Associa ons and authorisa on fees 3.4 An -doping † 4.7 Technical and sundry (including ITF tes ng and cer fica on programme) 1.6 TOTAL INCOME $66.6 MILLION Income In line with the ITF's mission to deliver tennis for future genera ons, every year we reinvest approximately 90% of our income back into growing the sport. As with most industries, however, Covid-19 caused mul ple disrup ons and affected yearly financial figures. Our two major team compe ons, Davis Cup by Rakuten and Billie Jean King Cup by BNP Paribas, for example, were played over two years instead of one, star ng in 2020 and finishing in 2021. This reduced our income for 2021, while expenditure, much of it on fixed costs, remained compara vely high. In 2021, the ITF's total revenue was $66.6 million, which was a significant reduc on compared to 'normal' years. This affected how much we were able to reinvest back into the global development of tennis. However, to counter this, we drew $5.5 million from our reserves so that we were able to s ll reinvest 91% back into the game. Our decision to tap into our reserves demonstrates the ITF's commitment to con nue to support the growth of tennis globally regardless of any challenges. As part of our investment into the game, we provide payments to na ons to enable them to compete in the Davis Cup and Billie Jean King Cup and/or to go towards ini a ves to grow tennis in their countries. This ensures that more na ons across the globe have 2021 Financial Overview Reinves ng money back into the game

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