Cable One (CABO) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for May 15, 2025, will be held virtually, allowing electronic voting and live Q&A.

• Record date for voting eligibility is March 31, 2025; proxy materials distributed starting April 8, 2025.

• Key 2024 financials: net income of $14.5M (down from $224.6M in 2023), revenues of $1.58B, and Adjusted EBITDA of $854M.

• Nearly $1.07B invested over three years in high-speed data infrastructure and market expansion.

• Strategic amendments to credit facilities and investments in Mega Broadband Investments Holdings LLC in 2024.

Voting matters and shareholder proposals

• Election of eight directors to serve until the 2026 Annual Meeting.

• Ratification of PricewaterhouseCoopers LLP as independent auditor for 2025.

• Advisory vote on 2024 executive compensation (say-on-pay).

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of a majority of independent directors; all committee members are independent.

• Over 50% of the Board are female, including one African American director.

• All directors elected annually; three new directors added in the past five years.

• Proxy access by-law and majority voting standard adopted; Board declassified.

• Stockholder rights include majority voting, no rights plan, and proxy access.