Company: LBRDK
Filing Date: 2025-01-17
Form Type: PRER14A
Source: 0001140361-25-001417
Chunk: 26

Company: Liberty Broadband Corp
Filing Date: 2025-01-17
Form: PRER14A
Chunk 26
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 your vote will be counted even if you later decide not to or become unable to attend the Charter special meeting.

| Q: | When and where is the Liberty Broadband special meeting? |

Even if you plan to attend the Liberty Broadband special meeting, Liberty Broadband recommends that you vote your shares in advance as described below so that your vote will be counted even if you later decide not to or become unable to attend the Liberty Broadband special meeting.

| Q | What will Liberty Broadband stockholders receive for their shares of Liberty Broadband capital stock? |

| A: | At the effective time of the merger (the “effective time”): |

| • | each share of (i) Liberty Broadband Series A common stock, par value $0.01 per share (“Liberty Broadband Series A common stock”), (ii) Liberty Broadband Series B common stock, par value $0.01 per share (“Liberty Broadband Series B common stock”), and (iii) Liberty Broadband Series C common stock, par value $0.01 per share (“Liberty Broadband Series C common stock” and together with the Liberty Broadband Series A common stock and the Liberty Broadband Series B common stock, the “Liberty Broadband common stock”), in each case, issued and outstanding immediately prior to the effective time (other than excluded shares (as defined below)) will automatically be converted into and become the right to receive 0.236 (the “exchange ratio”) of a validly issued, fully paid and nonassessable share of Charter Class A common stock, par value $0.001 per share (the “Charter Class A common stock”); and |

| • | each share of Liberty Broadband Series A cumulative redeemable preferred stock, par value $0.01 per share (“Liberty Broadband preferred stock,” and together with the Liberty Broadband common stock, the “Liberty Broadband capital stock”), issued and outstanding immediately prior to the effective time (other than excluded treasury shares (as defined below)) will automatically be converted into and become the right to receive one validly issued, fully paid and nonassessable share of newly issued Charter Series A cumulative redeemable preferred stock, par value $0.001 per share (“Charter rollover preferred stock”). The Charter rollover preferred stock will have substantially identical terms to the Liberty Broadband preferred stock, including a mandatory redemption date of March 8, 2039. |

In lieu of issuing fractional shares of Charter Class A common stock