Company: LBRDK
Filing Date: 2025-01-10
Form Type: PRER14A
Source: 0001140361-25-000778
Chunk: 87

Company: Liberty Broadband Corp
Filing Date: 2025-01-10
Form: PRER14A
Chunk 87
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 and approval of the Charter special committee. In addition, any designee of Liberty Broadband on the Charter Board that has been appointed to the Compensation and Benefits Committee of the Charter Board will not participate, in such designee’s capacity as a member of the Compensation and Benefits Committee, in any discussions or decisions relating to the hiring, firing or compensation of the Chief Executive Officer and Chief Financial Officer of Charter. For more information, see “Other Agreements Related to the Combination—Stockholders and Letter Agreement Amendment.” Additional Transaction Agreements Simultaneously with the entry into the merger agreement, the parties entered into certain additional agreements, including:

| • | a letter agreement by and among Charter, Liberty Broadband, Liberty Media and certain subsidiaries of Liberty Media (the “Liberty Media letter agreement”), pursuant to which the parties agreed, effective upon the closing of the merger, among other things, to the termination of (i) the services agreement, (ii) the facilities sharing agreement and (iii) aircraft time sharing agreements (each as defined in “Other Agreements Related to the Combination—Additional Transaction Agreements—Liberty Media Letter Agreement”); and |

| • | an exchange side letter agreement (the “Maloneexchange side letter”) with Mr. Malone and certain members of the Malone Group (collectively, the “Malone exchange holders”), whereby, among other things, the Malone exchange holders agreed to an arrangement under which Liberty Broadband will have the right, in connection with the GCI divestiture, to exchange certain shares of Liberty Broadband Series B common stock held by such Malone exchange holders for shares of Liberty Broadband Series C common stock on a one-for-one basis to avoid the application of certain related party rules that otherwise could limit the availability of certain tax benefits to GCI spinco following the GCI divestiture. |

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TABLE OF CONTENTS

Risk Factors (page 43) In evaluating the merger agreement, the combination or the issuance of shares of Charter Class A common stock or Charter rollover preferred stock, you should carefully read this joint proxy statement/prospectus and give special consideration to the factors discussed in the section entitled “Risk Factors” beginning on page 43. Comparative Per Share Market Price Information Liberty Broadband Series A common stock, Liberty Broadband Series C common stock and Liberty Broadband preferred stock are each listed on the Nasdaq under the symbols “LBRDA,” “LBRDK” and “LBRDP,” respectively, and Liberty Broadband Series B common stock is quoted on the