Company: LBRDK
Filing Date: 2025-01-22
Form Type: DEFM14A
Source: 0001140361-25-001609
Chunk: 343

Company: Liberty Broadband Corp
Filing Date: 2025-01-22
Form: DEFM14A
Chunk 343
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 a quorum.                                                                                                                                                      |     | The Charter certificate of incorporation provides that at each meeting of stockholders of Charter, the holders of shares having a majority of the voting power of the capital stock of Charter issued and outstanding and entitled to vote thereat present or represented by proxy shall constitute a quorum for the transaction of business, except as otherwise provided by law. Where a separate vote by a class or classes or series is required, a majority of the voting power of the shares of such class or classes or series in person or represented by proxy shall constitute a quorum entitled to take action with respect to that vote on that matter. |

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TABLE OF CONTENTS

|                                                            |     | Rights of Existing Liberty Broadband Stockholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |     | Rights of Charter Stockholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Limitation of Personal Liability of Officers and Directors |     | The Liberty Broadband certificate of incorporation provides that, to the fullest extent permitted by the DGCL, no director of Liberty Broadband will be liable to Liberty Broadband or its stockholders for monetary damages for any breach of fiduciary duty as a director.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |     | The Charter certificate of incorporation provides that no director or officer of Charter will have any personal liability to Charter or its stockholders for monetary damages for any breach of fiduciary duty as a director or officer, respectively, except to the extent such exemption from liability or limitation thereof is not permitted under the DGCL.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Indemnification of Directors and Officers                  |     | The Liberty Broadband certificate of incorporation provides that Liberty Broadband will indemnify, to the fullest extent permitted by applicable law, any person who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a “proceeding”) by reason of the fact that he, or a person for whom he is the legal representative, is or was a director or officer of Liberty Broadband or is or was serving at the request of Liberty Broadband as a director, officer, employee or agent of another corporation or of a partnership, joint venture, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys’ fees) incurred by such person. Liberty Broadband will be required to indemnify or make advances to a person in connection with