Company: SBAC
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001193125-25-074669
Chunk: 3

Company: SBA COMMUNICATIONS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 3
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 Executive Compensation |     | Security Ownership |     | Proposal 2 |     | Proposal 3 |     | Other Compensation Disclosures |     | Q&A About Voting |     | Other   
 Matters |
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Governance Highlights Our Board oversees the development and execution of our strategy. We have robust governance practices and procedures that support our strategy. To maintain and enhance independent oversight, our Board is focused on its composition and effectiveness and has implemented a number of measures for continuous improvement. The measures outlined below align our corporate governance structure with our strategic objectives and enable the Board to effectively communicate and execute our culture of compliance and rigorous risk management. COMPREHENSIVE, INTEGRATED CORPORATE GOVERNANCE

| >   Balanced Board with diversity of skills and experience. >   Board refreshment has resulted in three new independent directors since 2022 including two new independent directors in 2023. >   Board risk oversight and assessment. >   Board conducts annual self-evaluation of the Board, its Committees and each director to determine effective functioning. >   Succession planning process for Board members and executives.   >   All directors, other than our CEO and former-CEO, are independent. >   Lead Independent Director ensures independent oversight. >   Independent directors regularly meet in executive session with the Lead Independent Director presiding. >   Independent Board committees.   >   Directors and officers are strictly prohibited from hedging any shares beneficially owned. >   Directors and officers are subject to robust stock ownership guidelines. >   Majority voting standard and director resignation policy in uncontested elections. >   Directors and executive officers are prohibited from pledging shares that are subject to the stock ownership requirements. >   Policies regarding political contributions and lobbying.   >   Meaningful proxy access right for shareholders. >   Proactive shareholder engagement program. >   Strong commitment to corporate responsibility and sustainable business practices. >