Liberty Broadband (LBRDA) Proxy filing summary

Executive summary

• The annual meeting will be held virtually on May 11, 2026, with voting available online, by phone, or by mail.

• Only holders of Series A, Series B common stock, and Series A Cumulative Redeemable Preferred Stock as of March 23, 2026, may vote; Series C holders have no voting rights except as required by law.

• The principal asset is an ownership stake in Charter, the second largest U.S. cable operator; GCI Liberty was spun off in July 2025.

• A definitive merger agreement was signed for Charter to acquire the company, with a GCI business divestiture completed in July 2025.

Voting matters and shareholder proposals

• Proposal 1: Elect John C. Malone, Gregg L. Engles, and John E. Welsh III as Class III directors until 2029.

• Proposal 2: Ratify KPMG LLP as independent auditors for fiscal year ending December 31, 2026.

• Board recommends voting FOR all director nominees and FOR auditor ratification.

• Shareholder proposals for the 2027 meeting must be received by November 27, 2026, for inclusion in proxy materials.

Board of directors and corporate governance

• Board consists of eight directors in three classes, with 75% independent and a separate Chairman and CEO.

• Directors bring expertise in telecommunications, finance, technology, and executive leadership.

• Board committees: audit, compensation, executive, and nominating/corporate governance; all committee members are independent.

• Board encourages long-term focus and continuity through classified structure and succession planning.

• Stockholder access to director nomination process and robust communication channels are in place.