Company: LBRDK
Filing Date: 2025-01-10
Form Type: PRER14A
Source: 0001140361-25-000778
Chunk: 325

Company: Liberty Broadband Corp
Filing Date: 2025-01-10
Form: PRER14A
Chunk 325
---
 documents and the existing stockholders agreement, to take effect upon the completion of the combination. Such changes are expected to give effect to the consummation of the combination, including, among other things, to reflect that Liberty Broadband will no longer be a stockholder of Charter upon such consummation. If the combination is completed, the existing stockholders agreement will terminate with respect to Liberty Broadband. We encourage you to read the Charter certificate of incorporation, the Charter certificate of designations, the Charter bylaws and the applicable provisions of the DGCL for additional information. For a description of Liberty Broadband capital stock, see “Rights of Existing Holders of Liberty Broadband Stockholders” in the table included under “Comparison of Rights of Charter Stockholders and Liberty Broadband Stockholders.” Authorized Capital Stock Under the Charter certificate of incorporation, the total authorized capital stock of Charter is 1,150,001,000 shares, consisting of: (i) 900,000,000 shares of Charter Class A common stock; (ii) 1,000 shares of Class B common stock, par value $0.001 per share; and (iii) 250,000,000 shares of preferred stock, par value $0.001 per share. Charter does not have the power to issue shares of Charter Class B common stock to any person other than A/N or any other A/N Party (as defined in the existing stockholders agreement). Common Stock Voting Rights Holders of shares of Charter common stock are entitled to vote on all matters submitted to a vote of Charter’s stockholders, as a single class, including the election of directors, as follows:

| • | shares of Charter Class A common stock are entitled to one vote per share; and |

| • | shares of Charter Class B common stock are entitled to a number of votes reflecting the voting power of the Charter Holdings common units (other than those owned by Charter) on an as-converted, as-exchanged basis. Any holder of Charter Class B common stock who is not an A/N Party will not be entitled to any vote on any matter with respect to any Charter Class B common stock held by such holder (other than as required by law). |

The holders of Charter common stock do not have cumulative voting rights. Charter Class B common stock will not have voting rights on any matter to the extent that any A/N Party or any group including one or more A/N Parties, beneficially owns more than 49.5% of the outstanding Charter Class A common stock.