Company: SBAC
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001193125-25-074669
Chunk: 1

Company: SBA COMMUNICATIONS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 1
---
 at the Annual Meeting:

| 1 |     | Election of Directors   The Board of Directors believes that each of the director nominees has the knowledge, experience, skills and background necessary to contribute to an effective and well-functioning Board.                                                                                                                                                                                                                                                                                                                       |     | FOR each Director Nominee |     | page 8  |
| 2 |     | Ratification of Ernst & Young LLP as Our Independent Registered Public Accounting Firm for the 2025 Fiscal Year   The Audit Committee has appointed Ernst & Young LLP to serve as our independent registered public accounting firm for the 2025 fiscal year, and this appointment is being submitted to our shareholders for ratification. The Audit Committee and the Board believe that the continued retention of Ernst & Young LLP to serve as our independent auditor is in the best interests of the Company and its shareholders. |     | FOR                       |     | page 66 |
| 3 |     | Advisory Vote on Executive Compensation   SBA seeks a non-binding advisory vote from its shareholders to approve the compensation of the named executive officers as disclosed in this proxy statement. The Board values the opinions of our shareholders and will take into consideration the outcome of the advisory vote when considering future executive compensation decisions.                                                                                                                                                     |     | FOR                       |     | page 69 |

SBA Communications Corporation | 2025 Proxy Statement 1

| Proxy Summary |     | Proposal 1 |     | Corporate Governance |     | Executive Officers |     | Executive Compensation |     | Security Ownership |     | Proposal 2 |     | Proposal 3 |     | Other Compensation Disclosures |     | Q&A About Voting |     | Other   
 Matters |
| ●             |     |            |     |                      |     |                    |     |                        |     |                    |     |            |     |            |     |                                |     |                  |     |         |

Building Better Wireless ®

| SBA at a Glance |     | SBA Communications Corporation (SBA) is a leading independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. Founded in 1989 and headquartered in Boca Raton, Florida, we are listed on NASDAQ under the symbol SBAC and our organization is part of the S&P 500. |

| Site Leasing   We lease antenna space on our multi-tenant towers and other structures to a variety of wireless service providers under long-term lease contracts.   Site Development   We assist wireless service providers and operators in