Company: SBAC
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001193125-25-074669
Chunk: 17

Company: SBA COMMUNICATIONS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 17
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     | Corporate Governance |     | Executive Officers |     | Executive Compensation |     | Security Ownership |     | Proposal 2 |     | Proposal 3 |     | Other Compensation Disclosures |     | Q&A About Voting |     | Other   
 Matters |
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In order to facilitate and strengthen the Board’s independent oversight of SBA’s performance, strategy and succession planning and to uphold effective governance standards, the Board has established the role of a Lead Independent Director. Our Corporate Governance Guidelines require the appointment of a Lead Independent Director in the event that our Chair is not independent. The Board believes that the Lead Independent Director provides additional perspective and expanded communication among directors. Mr. Langer currently serves as SBA’s Lead Independent Director. Lead Independent Director The Lead Independent Director’s duties, which are listed in our Corporate Governance Guidelines, include:

| > | presiding at all executive sessions of the independent directors and Board meetings at which the Chair is not present; |

| > | serving as liaison between the Chair and the independent directors; |

| > | approving the Board meeting agendas and schedules and the subject matter of the information to be sent to the Board; |

| > | the authority to call meetings of the independent directors; |

| > | ensuring he or she is available for consultation and direct communication if requested by major shareholders; and |

| > | performing such other duties as the Board deems appropriate. |

Board Meetings During 2024, the Board of Directors held a total of six meetings. Each incumbent director attended at least 75% of the aggregate of (1) the total number of meetings of the Board during the period in which he or she was a director and (2) the total number of meetings of all Committees on which he or she served during the period in which he or she was a director. It is the policy of the Board of Directors to encourage its members to attend SBA’s Annual Meeting of Shareholders. Nine of our ten directors were present at our 2024 Annual Meeting of Shareholders. Board Committees The Board has three standing Committees: the Audit Committee, the Compensation Committee and the NCG Committee. Copies of the Committee charters of each of the Audit Committee, the Compensation Committee and the NCG Committee setting forth the respective responsibilities of the Committees can be found under the Investor Relations - Corporate Governance