Exhibit 99.2

TEGNA INC.

UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Overview

On May 31, 2017, TEGNA Inc. (TEGNA, we, or our) completed the previously announced spin-off of Cars.com Inc., formerly known as Cars.com LLC (Cars.com) creating two publicly traded companies: TEGNA, an innovative media company with the largest broadcast group among major network affiliates in the top 25 markets; and Cars.com, a leading digital automotive marketplace business. Effective as of the filing with the U.S. Securities and Exchange Commission (the “Commission”) of our Quarterly Report on Form 10-Q for the quarter ending June 30, 2017, Cars.com will be reported as a discontinued operation of TEGNA. In connection with and prior to the completion of the spin-off, the Company undertook a series of internal reorganization transactions to facilitate the transfer to Cars.com of the entities associated with the above-referenced business and the related assets and liabilities.

In connection with and prior to the completion of the spin-off, Cars.com borrowed an aggregate principal amount of approximately $675 million comprised of a $450 million term loan and a $225 million borrowing under a revolving credit facility agreement. The proceeds were used to make a tax-free distribution of $650 million from Cars.com to TEGNA. TEGNA used the tax-free distribution proceeds to fully pay down its then outstanding revolving credit agreement borrowings. The remaining proceeds of the tax-free distribution of approximately $40 million will be used by TEGNA to pay down historical debt outstanding.

Basis of preparation

The following unaudited pro forma condensed consolidated financial statements of TEGNA have been sourced from our historical consolidated financial statements and are being presented to give effect to the spin-off of Cars.com into an independent, publicly-traded company. The following unaudited pro forma condensed consolidated financial statements should be read in conjunction with our historical consolidated financial statements and accompanying notes which are available at the Commission’s web site at www.sec.gov and our investor website at www.tegna.com.

The unaudited pro forma condensed consolidated financial statements give effect to the following:

• The contribution by TEGNA to Cars.com, in connection with the spin-off, of the assets and liabilities that comprise TEGNA’s digital and automotive marketplace business;

• The transfers to and from Cars.com, in connection with the spin-off, of certain assets and liabilities that were reflected in our historical consolidated financial statements;

• Impact of TEGNA using the $650 million tax-free distribution from Cars.com to fully pay down its outstanding revolving credit agreement borrowings; and

• The impact of the other transactions contemplated by the separation and distribution agreement.

The unaudited pro forma condensed consolidated statements of income for the quarter ended March 31, 2017 and for the fiscal years ended December 31, 2016, December 31, 2015 and December 28, 2014, reflect our results as if the events had occurred on December 31, 2013. The unaudited pro forma condensed consolidated balance sheet as of March 31, 2017 gives effect to these events as if they occurred on that date.

The unaudited pro forma condensed consolidated financial statements are subject to the assumptions and adjustments described in the accompanying notes. Our management believes that these assumptions and adjustments are reasonable under the circumstances and given the information available at this time.

The unaudited pro forma condensed consolidated financial statements are not intended to be a complete presentation of our financial position or results of operations had the spin-off occurred at the earlier dates indicated above. In addition, the unaudited pro forma condensed consolidated financial statements are provided for illustrative and information purposes only, and are not necessarily indicative of our future results of operations or financial condition had the spin-off been completed on the dates assumed. The pro forma adjustments are based on available information and assumptions that the we believe are reasonable, that reflect the impacts of events directly attributable to the spin-off that are factually supportable, and for purposes of the statements of income, are expected to have a continuing impact on TEGNA.

TEGNA Inc.

Pro Forma Condensed Consolidated Statement of Income

For the three months ended March 31, 2017

Unaudited, in thousands (except per share data)

	TEGNA Historical			Separation of Cars.com (a)			Pro Forma Adjustments for Spin-off			Pro Forma TEGNA Continuing Operations
Operating revenues:
Media		446,310			—			419	(b)		446,729
Digital		332,161			(151,099	)		—			181,062
Total		778,471			(151,099	)		419			627,791
Operating expenses:
Cost of revenues, exclusive of depreciation		295,809			(23,803	)		2,076	(b)		274,082
Selling, general and administrative expenses, exclusive of depreciation		274,998			(81,485	)		—			193,513
Depreciation		23,087			(2,522	)		—			20,565
Amortization of intangible assets		29,018			(19,467	)		—			9,551
Asset impairment and facility consolidation charges (gains)		2,183			—			—			2,183
Total		625,095			(127,277	)		2,076			499,894
Operating income		153,376			(23,822	)		(1,657	)		127,897
Non-operating (expense) income:
Equity (loss) income in unconsolidated investees, net		(1,469	)		—			—			(1,469	)
Interest expense		(55,416	)		—			5,338	(c)		(50,078	)
Other non-operating items		(4,009	)		(38	)		—			(4,047	)
Total		(60,894	)		(38	)		5,338			(55,594	)
Income before income taxes		92,482			(23,860	)		3,681			72,303
Provision for income taxes (1)		28,583			(8,633	)		1,355	(d)		21,305
Net income from continuing operations		63,899			(15,227	)		2,326			50,998
Net income attributable to noncontrolling interests		(6,185	)		—			—			(6,185	)
Net income from continuing operations attributable to TEGNA Inc.	$	57,714		$	(15,227	)	$	2,326		$	44,813
Net income per share—basic	$	0.27								$	0.21
Net income per share—diluted	$	0.27								$	0.21
Weighted average number of common shares outstanding:
Basic shares		215,305									215,305
Diluted shares		217,569									217,569

See accompanying Notes to the Unaudited Pro Forma Condensed Consolidated Financial Statements.

(1) The TEGNA continuing operations GAAP tax rate for the first three months of 2017 was lower than the full year tax rate estimate of 34%-35% primarily due to excess tax benefits recognized in the quarter.

TEGNA Inc.

Pro Forma Condensed Consolidated Statement of Income

For the fiscal year ended December 31, 2016

Unaudited, in thousands (except per share data)

	TEGNA Historical			Separation of Cars.com (a)			Pro Forma Adjustments for Spin-off			Pro Forma TEGNA Continuing Operations
Operating revenues:
Media		1,933,579			—			1,781	(b)		1,935,360
Digital		1,407,619			(624,627	)		—			782,992
Total		3,341,198			(624,627	)		1,781			2,718,352
Operating expenses:
Cost of revenues, exclusive of depreciation		1,038,667			(84,602	)		8,479	(b)		962,544
Selling, general and administrative expenses, exclusive of depreciation		1,093,837			(285,677	)		—			808,160
Depreciation		89,531			(8,277	)		—			81,254
Amortization of intangible assets		114,959			(74,829	)		—			40,130
Asset impairment and facility consolidation charges (gains)		32,130			—			—			32,130
Total		2,369,124			(453,385	)		8,479			1,924,218
Operating income		972,074			(171,242	)		(6,698	)		794,134
Non-operating (expense) income:
Equity (loss) income in unconsolidated investees, net		(7,170	)		—			—			(7,170	)
Interest expense		(232,013	)		—			21,350	(c)		(210,663	)
Other non-operating items		(20,439	)		62			—			(20,377	)
Total		(259,622	)		62			21,350			(238,210	)
Income before income taxes		712,452			(171,180	)		14,652			555,924
Provision for income taxes		216,979			(63,343	)		5,392	(d)		159,028
Income from continuing operations		495,473			(107,837	)		9,260			396,896
Net income attributable to noncontrolling interests		(51,302	)		—			—			(51,302	)
Net income from continuing operations attributable to TEGNA Inc.	$	444,171		$	(107,837	)	$	9,260		$	345,594
Net income per share—basic	$	2.05								$	1.60
Net income per share—diluted	$	2.02								$	1.57
Weighted average number of common shares outstanding:
Basic shares		216,358									216,358
Diluted shares		219,681									219,681

See accompanying Notes to the Unaudited Pro Forma Condensed Consolidated Financial Statements.

TEGNA Inc.

Pro Forma Condensed Consolidated Statement of Income

For the fiscal year ended December 31, 2015

Unaudited, in thousands (except per share data)

	TEGNA Historical			Separation of Cars.com (a)			Pro Forma Adjustments for Spin-off			Pro Forma TEGNA Continuing Operations
Operating revenues:
Media	$	1,682,144			—			1,567	(b)	$	1,683,711
Digital		1,368,801			(588,647	)		—			780,154
Total		3,050,945			(588,647	)		1,567			2,463,865
Operating expenses:
Cost of revenues, exclusive of depreciation		923,336			(70,984	)		7,863	(b)		860,215
Selling, general and administrative expenses, exclusive of depreciation		1,068,221			(284,743	)		—			783,478
Depreciation		90,803			(8,160	)		—			82,643
Amortization of intangible assets		114,284			(72,658	)		—			41,626
Asset impairment and facility consolidation charges (gains)		(58,857	)		(558	)		—			(59,415	)
Total		2,137,787			(437,103	)		7,863			1,708,547
Operating income		913,158			(151,544	)		(6,296	)		755,318
Non-operating (expense) income:
Equity (loss) income in unconsolidated investees, net		(5,064	)		—			—			(5,064	)
Interest expense		(273,629	)		—			—			(273,629	)
Other non-operating items		(11,529	)		(3	)		—			(11,532	)
Total		(290,222	)		(3	)		—			(290,225	)
Income before income taxes		622,936			(151,547	)		(6,296	)		465,093
Provision for income taxes		202,314			(57,198	)		(2,342	)(d)		142,774
Income from continuing operations		420,622			(94,349	)		(3,954	)		322,319
Net income attributable to noncontrolling interests		(63,164	)		—			—			(63,164	)
Net income from continuing operations attributable to TEGNA Inc.	$	357,458		$	(94,349	)	$	(3,954	)	$	259,155
Net income per share—basic	$	1.59								$	1.15
Net income per share—diluted	$	1.56								$	1.13
Weighted average number of common shares outstanding:
Basic shares		224,688									224,688
Diluted shares		229,721									229,721

See accompanying Notes to the Unaudited Pro Forma Condensed Consolidated Financial Statements.

TEGNA Inc.

Pro Forma Condensed Consolidated Statement of Income

For the fiscal year ended December 28, 2014

Unaudited, in thousands (except per share data)

	TEGNA Historical			Separation of Cars.com (a)			Pro Forma Adjustments for Spin-off			Pro Forma TEGNA Continuing Operations
Operating revenues:
Media	$	1,691,866			—			438	(b)	$	1,692,304
Digital		934,275			(144,010	)		—			790,265
Total		2,626,141			(144,010	)		438			2,482,569
Operating expenses:
Cost of revenues, exclusive of depreciation		954,990			(26,115	)		1,929	(b)		930,804
Selling, general and administrative expenses, exclusive of depreciation		766,854			(67,916	)		—			698,938
Depreciation		85,866			(2,085	)		—			83,781
Amortization of intangible assets		65,971			(18,164	)		—			47,807
Asset impairment and facility consolidation charges (gains)		44,961			—			—			44,961
Total		1,918,642			(114,280	)		1,929			1,806,291
Operating income		707,499			(29,730	)		(1,491	)		676,278
Non-operating (expense) income:
Equity (loss) income in unconsolidated investees, net		151,462			(159,185	)		—			(7,723	)
Interest expense		(272,668	)		—			—			(272,668	)
Other non-operating items		404,403			(476,701	)		—			(72,298	)
Total		283,197			(635,886	)		—			(352,689	)
Income before income taxes		990,696			(665,616	)		(1,491	)		323,589
Provision for income taxes		234,471			(200,458	)		(553	)(d)		33,460
Income from continuing operations		756,225			(465,158	)		(938	)		290,129
Net income attributable to noncontrolling interests		(68,289	)		—			—			(68,289	)
Net income from continuing operations attributable to TEGNA Inc.	$	687,936		$	(465,158	)	$	(938	)	$	221,840
Net income per share—basic	$	3.04								$	0.98
Net income per share—diluted	$	2.97								$	0.96
Weighted average number of common shares outstanding:
Basic shares		226,292									226,292
Diluted shares		231,907									231,907

See accompanying Notes to the Unaudited Pro Forma Condensed Consolidated Financial Statements.

TEGNA Inc.

Pro Forma Condensed Consolidated Balance Sheet

As of March 31, 2017

Unaudited, in thousands

	TEGNA Historical			Separation of Cars.com (a)			Pro Forma Adjustments for Spin-off			Pro Forma TEGNA Continuing Operations
ASSETS
Current assets
Cash and cash equivalents	$	79,655		$	(1,951	)	$	40,000	(e)	$	117,704
Accounts receivable, net of allowance for doubtful accounts		577,045			(91,445	)		—			485,600
Other receivables		22,110			(7	)		—			22,103
Prepaid expenses and other current assets		73,445			(12,097	)		—			61,348
Total current assets		752,255			(105,500	)		40,000			686,755
Property and equipment
Cost		1,029,510			(41,101	)		—			988,409
Less accumulated depreciation		(587,381	)		19,251			—			(568,130	)
Net property and equipment		442,129			(21,850	)		—			420,279
Intangible and other assets
Goodwill		4,070,039			(802,847	)		—			3,267,192
Indefinite-lived and amortizable intangible assets, less accumulated amortization		2,984,648			(1,587,901	)		—			1,396,747
Investments and other assets		215,940			(11,264	)		—			204,676
Total intangible and other assets		7,270,627			(2,402,012	)		—			4,868,615
Total assets	$	8,465,011		$	(2,529,362	)	$	40,000		$	5,975,649

See accompanying Notes to the Unaudited Pro Forma Condensed Consolidated Financial Statements.

TEGNA Inc.

Pro Forma Condensed Consolidated Balance Sheet

As of March 31, 2017

Unaudited, in thousands (except share data)

	TEGNA Historical		Separation of Cars.com (a)			Pro Forma Adjustments for Spin-off			Pro Forma TEGNA Continuing Operations
LIABILITIES AND EQUITY
Current liabilities
Accounts payable	$	75,555	$	(4,424	)	$	—		$	71,131
Accrued liabilities		350,428		(60,550	)		—			289,878
Dividends payable		30,246		—			—			30,246
Income taxes		36,684		(1,081	)		—			35,603
Deferred revenue		115,119		(843	)		—			114,276
Current portion of long-term debt		646		—			—			646
Total current liabilities		608,678		(66,898	)		—			541,780
Noncurrent liabilities
Income taxes		21,739		—			—			21,739
Deferred income taxes		933,962		(280,091	)		—			653,871
Long-term debt		3,965,842		—			(610,000	)(e)		3,355,842
Pension liabilities		183,790		—			—			183,790
Other noncurrent liabilities		127,597		(42,050	)		—			85,547
Total noncurrent liabilities		5,232,930		(322,141	)		(610,000	)		4,300,789
Total liabilities		5,841,608		(389,039	)		(610,000	)		4,842,569
Redeemable noncontrolling interests		48,581		—			—			48,581
Equity
Total TEGNA Inc. shareholders’ equity		2,289,137		(2,140,323	)		650,000	(e)		798,814
Noncontrolling interests		285,685		—			—			285,685
Total equity		2,574,822		(2,140,323	)		650,000			1,084,499
Total liabilities, redeemable noncontrolling interests and equity	$	8,465,011	$	(2,529,362	)	$	40,000		$	5,975,649

See accompanying Notes to the Unaudited Pro Forma Condensed Consolidated Financial Statements.

Notes to the Unaudited Pro Forma Condensed Consolidated Financial Statements

a) Reflects the operations, assets, liabilities and equity of Cars.com. Excluded from these amounts are certain general corporate overhead expenses not specifically related to Cars.com. Such general corporate expenses do not meet the requirements to be presented in discontinued operations, and thus will be presented as part of our continuing operations. They are, however, not necessarily indicative of future corporate expenses.

b) Represents adjustments for intercompany transactions between Cars.com and TEGNA that were previously eliminated in consolidation and will no longer be eliminated subsequent to the spin-off.

c) Represents an adjustment to reduce interest expense related to the pay-off of TEGNA’s existing revolving credit facility (see note e). The rate used to calculate the interest expense reduction was 3.5%, which represents the revolving credit facility interest rate in effect as of March 31, 2017.

d) In determining the tax rate to apply to our pro forma adjustments, we used the applicable statutory rate based on the jurisdiction in which the adjustment relates.

e) In connection with the spin-off, Cars.com borrowed an aggregate principal amount of approximately $675 million comprised of a $450 million term loan and a $225 million borrowing under a revolving credit facility agreement. The proceeds were used to make a tax-free distribution of $650 million from Cars.com to TEGNA. This pro forma adjustment represents the pay-off of TEGNA’s existing revolving credit facility with the remainder of the tax-free distribution reflected as cash and cash equivalents.