Company: LBRDK
Filing Date: 2025-01-17
Form Type: PRER14A
Source: 0001140361-25-001417
Chunk: 343

Company: Liberty Broadband Corp
Filing Date: 2025-01-17
Form: PRER14A
Chunk 343
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 (or if any holders of shares of preferred stock are entitled to vote thereon together with the holders of Charter Class A common stock and Charter Class B common stock, as one class with such holders of shares of preferred stock). 
 The election of directors of Charter need not be by written ballot.                                                                                                                                                                                                                                                                                                                                                                        |
| Filling Vacancies and Newly Created Directorships on the Board of Directors |     | The DGCL provides that, subject to the certificate of incorporation and bylaws, vacancies and newly created directorships resulting from any increase in the authorized number of directors may be filled by a majority of the directors then in office, even if less than a quorum, or by a sole remaining director.                                                                                                                                                                                    |     | Subject to the existing stockholders agreement, any vacancy on the Charter Board resulting from death, resignation, disqualification, removal from office or other cause, and newly created directorships resulting from any increase in the authorized number of directors, may be filled only by a majority vote of the directors remaining in office, other than any directors elected or                                               |

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TABLE OF CONTENTS

|        |     | Rights of Existing Liberty Broadband Stockholders                                                                                                                                                                                                                                                                                                                                                                                                                                                     |     | Rights of Charter Stockholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|        |     | If at any time, a corporation should have no directors in office, then any officer or any stockholder or an executor, administrator, trustee or guardian of a stockholder, or other fiduciary entrusted with like responsibility for the person or estate of a stockholder, may call a special meeting of stockholders in accordance with the certificate of incorporation or the bylaws, or may apply to the Delaware Court of Chancery for a decree summarily ordering an election.                 
 If at the time of filling any vacancy or newly created directorship, the directors then in office are less than a majority of the whole board, holders of shares representing at least 10% of the outstanding voting power of the shares of stock may file an application with the Delaware Court of Chancery to summarily order an election to be held to fill any such vacancies or newly created directorships, or to replace the directors chosen by the directors then in office.                
 The Liberty Broadband certificate of incorporation provides that, subject to the rights of the holders of any series of preferred stock of Liberty Broadband, vacancies on the Liberty Broadband Board and newly created directorships resulting from any increase in the number of directors on the Liberty Broadband Board, will be filled only by the affirmative