SIRIUSXM JOINS FORCES WITH THE SMITHSONIAN'S NATIONAL MUSEUM OF AFRICAN AMERICAN HISTORY AND CULTURE, GIVING $2 MILLION TO SUPPORT NMAAHC'S MISSION

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Sirius XM Holdings Inc. announced a $2 million donation to the Smithsonian's National Museum of African American History and Culture (NMAAHC) on Feb. 28, 2022. This funding, provided by the company's charitable arm, SiriusXM Cares, aims to support the museum's mission of documenting African American culture and history. In recognition, the museum will name its interactive section SiriusXM Neighborhood Record Store. The museum has welcomed over 7.5 million visitors since its opening in 2016, highlighting its significance as a cultural destination.

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• Donation of $2 million to support cultural initiatives.
• Strengthens brand association with diversity and inclusion.
• Enhances visitor engagement through the SiriusXM Neighborhood Record Store.

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• None.

NEW YORK, Feb. 28, 2022 /PRNewswire/ -- Sirius XM Holdings Inc. today announced a gift of $2 million to the Smithsonian's National Museum of African American History and Culture (NMAAHC). A one-of-a-kind cultural destination in Washington D.C., NMAAHC offers the U.S.'s largest and most comprehensive exploration and showcase of the African American story and its impact both domestically and globally.

As the leading audio entertainment company in North America, SiriusXM is proud to support NMAAHC's mission, documenting African American life, history, and culture, specifically exhibiting how African American music plays a central role in the history of American music. The donation to NMAAHC, funded by the company's charitable arm, SiriusXM Cares, will help the museum continue its critical work and welcome in new and returning visitors. In recognition of this gift, NMAAHC will designate its Neighborhood Record Store, an interactive destination housed within the permanent "Musical Crossroads" exhibition, as the SiriusXM Neighborhood Record Store.

In the SiriusXM Neighborhood Record Store, museum goers are joined together by their interest in music and encouraged to make new discoveries about their favorite artists and genres, recall fond memories, and share stories. Included within the exhibit are record covers for individual browsing and a digital interactive station that links songs and artists to various genres, themes, regions, and time periods.

"The Neighborhood Record Store is the centerpiece of the Musical Crossroads exhibition and was designed to be a place where museum visitors could explore the role music has in building community," said Dwandalyn Reece, Associate Director for Curatorial Affairs at NMAAHC. "We are very thankful for SiriusXM's support of this particular section of the exhibition. It will ensure that the newly-named SiriusXM Neighborhood Record Store continues to be a vibrant space that connects visitors through the power of music."

"Since it first opened its doors to the public more than five years ago, the National Museum of African American History and Culture has played a critical role in not only exhibiting, but recognizing and celebrating the impact of the contributions that African American music has given to the world," said Nicole Hughey, Senior Vice President and Head of Diversity, Equity & Inclusion at SiriusXM. "At SiriusXM, we are proud to use our platform to showcase the power of music from all cultures, and we're thrilled to provide this donation to help support the museum's mission."

This is not the first time SiriusXM and NMAAHC have collaborated to amplify African American stories. In 2021, the two organizations teamed up to create the Anthem Award-winning original podcast All Music is Black Music, which explores how African American music and culture have shaped the wider contemporary music landscape.

About the National Museum of African American History and Culture
Since opening Sept. 24, 2016, the National Museum of African American History and Culture has welcomed more than 7.5 million in-person visitors and millions more through its digital presence. Occupying a prominent location next to the Washington Monument on the National Mall in Washington, D.C., the nearly 400,000-square-foot museum is the nation's largest and most comprehensive cultural destination devoted exclusively to exploring, documenting, and showcasing the African American story and its impact on American and world history. For more information about the museum, visit nmaahc.si.edu, follow @NMAAHC on Twitter, Facebook and Instagram or call Smithsonian information at (202) 633-1000.

About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the leading audio entertainment company in North America, and the premier programmer and platform for subscription and digital advertising-supported audio products. SiriusXM's platforms collectively reach approximately 150 million listeners, the largest digital audio audience across paid and free tiers in North America, and deliver music, sports, talk, news, comedy, entertainment and podcasts. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S. SiriusXM's subsidiaries Stitcher, Simplecast and AdsWizz make it a leader in podcast hosting, production, distribution, analytics and monetization. The Company's advertising sales arm, SXM Media, leverages its scale, cross-platform sales organization, and ad tech capabilities to deliver results for audio creators and advertisers. SiriusXM, through Sirius XM Canada Holdings, Inc., also offers satellite radio and audio entertainment in Canada. In addition to its audio entertainment businesses, SiriusXM offers connected vehicle services to automakers. For more about SiriusXM, please go to: www.siriusxm.com.

Source: SiriusXM

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FAQ

What is the purpose of SiriusXM's $2 million donation to the Smithsonian?

SiriusXM's donation supports the Smithsonian's National Museum of African American History and Culture's mission to document African American life, history, and culture.

When was SiriusXM's donation to the NMAAHC announced?

The donation was announced on February 28, 2022.

What will the NMAAHC use SiriusXM's donation for?

The donation will help the museum continue its critical work and enhance visitor experiences, including the establishment of the SiriusXM Neighborhood Record Store.

How many visitors has the NMAAHC welcomed since its opening?

Since its opening in September 2016, the NMAAHC has welcomed over 7.5 million visitors.

What is the significance of the SiriusXM Neighborhood Record Store?

The SiriusXM Neighborhood Record Store is an interactive exhibit that allows visitors to explore the role of music in building community and experiencing African American music.