# EDGAR Filing Document

**Accession Number:** 0001701051
**File Stem:** 0001104659-25-090621
**Filing Date:** 2025-9
**Character Count:** 307558
**Document Hash:** 0a551cb8aa40b81441c98f8a59957328
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-090621.hdr.sgml**: 20250917

**ACCESSION NUMBER**: 0001104659-25-090621

**CONFORMED SUBMISSION TYPE**: SC 13E3

**PUBLIC DOCUMENT COUNT**: 164

**FILED AS OF DATE**: 20250917

**DATE AS OF CHANGE**: 20250917

**GROUP MEMBERS**: BANDIT MERGER SUB, INC.

**GROUP MEMBERS**: BANDIT PARENT, LP

**GROUP MEMBERS**: CRESTVIEW ADVISORS, L.L.C.

**GROUP MEMBERS**: CRESTVIEW PARTNERS III GP, L.P.

**GROUP MEMBERS**: CRESTVIEW W1 CO-INVESTORS, LLC

**GROUP MEMBERS**: CRESTVIEW W1 HOLDINGS, L.P.

**GROUP MEMBERS**: CRESTVIEW W1 TE HOLDINGS, LLC

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WideOpenWest, Inc.
- **CENTRAL INDEX KEY:** 0001701051
- **STANDARD INDUSTRIAL CLASSIFICATION:** CABLE & OTHER PAY TELEVISION SERVICES [4841]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13E3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-90342
- **FILM NUMBER:** 251318849

**BUSINESS ADDRESS:**
- **STREET 1:** 7887 EAST BELLEVIEW AVENUE, SUITE 1000
- **CITY:** ENGLEWOOD
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 7204793500

**MAIL ADDRESS:**
- **STREET 1:** 7887 EAST BELLEVIEW AVENUE, SUITE 1000
- **CITY:** ENGLEWOOD
- **STATE:** CO
- **ZIP:** 80111
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WideOpenWest, Inc.
- **CENTRAL INDEX KEY:** 0001701051
- **STANDARD INDUSTRIAL CLASSIFICATION:** CABLE & OTHER PAY TELEVISION SERVICES [4841]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13E3

**BUSINESS ADDRESS:**
- **STREET 1:** 7887 EAST BELLEVIEW AVENUE, SUITE 1000
- **CITY:** ENGLEWOOD
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 7204793500

**MAIL ADDRESS:**
- **STREET 1:** 7887 EAST BELLEVIEW AVENUE, SUITE 1000
- **CITY:** ENGLEWOOD
- **STATE:** CO
- **ZIP:** 80111

**[**TABLE OF CONTENTS**](#TOC)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13E-3

RULE 13E-3 TRANSACTION STATEMENT UNDER SECTION 13(E) OF THE SECURITIES EXCHANGE ACT OF 1934

WIDEOPENWEST, INC.

(Name of the Issuer)

WideOpenWest, Inc. Bandit Parent, LP Bandit Merger Sub, Inc. Crestview Partners III GP, L.P. Crestview W1 TE Holdings, LLC Crestview W1 Holdings, L.P. Crestview W1 Co-Investors, LLC Crestview Advisors, L.L.C.

(Names of Persons Filing Statement)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

96758W101 (CUSIP Number of Class of Securities)

---

| | |
|:---|:---|
| Teresa Elder Chief Executive Officer WideOpenWest, Inc. 7887 East Belleview Avenue, Suite 1000 Englewood, Colorado 80111 Tel: (720) 479-3500  | Bandit Parent, LP Bandit Merger Sub, Inc. c/o DigitalBridge Investments, LLC 750 Park of Commerce Drive, Suite 210 Boca Raton, Florida 33487 Tel: (561) 570-4644  |
|  | c/o Crestview Advisors 590 Madison Avenue, 42<sup>nd</sup> Floor New York, New York 10022 Tel: (212) 906-0788  |

---

(Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of the Persons Filing Statement)

 *With copies to* 

---

| | | |
|:---|:---|:---|
| Adam O. Emmerich Jenna E. Levine Wachtell, Lipton, Rosen & Katz 51 West 52nd Street New York, New York 10019 Tel: (212) 403-1000  | Gabriel Silva Christopher May Ana Sanchez Simpson Thacher & Bartlett LLP 425 Lexington Avenue New York, New York 10017 Tel: (212) 455-2000  | Michael Davis Davis Polk & Wardwell LLP 450 Lexington Avenue New York, New York 10017 Tel: (212) 450-4000  |

---

This statement is filed in connection with (check the appropriate box):

&nbsp;&nbsp;&nbsp;&nbsp;a. ☒ The filing of solicitation materials or an information statement subject to Regulation 14A, Regulation 14C or Rule 13e-3(c) under the Securities Exchange Act of 1934.

&nbsp;&nbsp;&nbsp;&nbsp;b. ☐ The filing of a registration statement under the Securities Act of 1933.

&nbsp;&nbsp;&nbsp;&nbsp;c. ☐ A tender offer.

&nbsp;&nbsp;&nbsp;&nbsp;d. ☐ None of the above.

Check the following box if the soliciting materials or information statement referred to in checking box (a) are preliminary copies: ☒

Check the following box if the filing is a final amendment reporting the results of the transaction: ☐

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of this transaction, passed upon the merits or fairness of this transaction, or passed upon the adequacy or accuracy of the disclosure in this transaction statement on Schedule 13E-3. Any representation to the contrary is a criminal offense.

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[**TABLE OF CONTENTS**](#TOC)

#### **TABLE OF CONTENTS**

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 1. ](#tI1TS) <br> [Summary Term Sheet](#tI1TS) <br>| [4](#tI1TS) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 2. ](#tI2CI) <br> [Subject Company Information](#tI2CI) <br>| [4](#tI2CI) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 3. ](#tI3AB) <br> [Identity and Background of Filing Person](#tI3AB) <br>| [4](#tI3AB) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 4. ](#tI4OT) <br> [Terms of the Transaction](#tI4OT) <br>| [5](#tI4OT) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 5. ](#tI5CT) <br> [Past Contacts, Transactions, Negotiations and Agreements](#tI5CT) <br>| [6](#tI5CT) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 6. ](#tI6OT) <br> [Purposes of the Transaction and Plans or Proposals](#tI6OT) <br>| [8](#tI6OT) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 7. ](#tI7AR) <br> [Purposes, Alternatives, Reasons and Effects](#tI7AR) <br>| [9](#tI7AR) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 8. ](#tI8OT) <br> [Fairness of the Transaction](#tI8OT) <br>| [12](#tI8OT) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 9. ](#tI9OA) <br> [Reports, Opinions, Appraisals and Negotiations](#tI9OA) <br>| [13](#tI9OA) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 10. ](#tI1AA) <br> [Source and Amounts of Funds or Other Consideration](#tI1AA) <br>| [14](#tI1AA) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 11. ](#tI1IS) <br> [Interest in Securities of the Subject Company](#tI1IS) <br>| [15](#tI1IS) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 12. ](#tI1SO) <br> [The Solicitation or Recommendation](#tI1SO) <br>| [15](#tI1SO) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 13. ](#tI1S) <br> [Financial Statements](#tI1S) <br>| [16](#tI1S) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 14. ](#tI1RE) <br> [Persons/Assets, Retained, Employed, Compensated or Used](#tI1RE) <br>| [16](#tI1RE) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 15. ](#tI1I) <br> [Additional Information](#tI1I) <br>| [17](#tI1I) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Item 16. ](#tIT16) <br> [Exhibits](#tIT16) <br>| [17](#tIT16) |

---

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#### INTRODUCTION
This Transaction Statement on Schedule 13E-3 (this "**Transaction Statement**") is being filed with the U.S. Securities and Exchange Commission (the "**SEC**") pursuant to Section 13(e) of the Securities Exchange Act of 1934, as amended (the "**Exchange Act**"), jointly by the following persons (each, a "**Filing Person**," and collectively, the "**Filing Persons**"): (1) WideOpenWest, Inc., a Delaware corporation (the "**Company**") and the issuer of the common stock, par value $0.01 per share (the "**Company Common Stock**") that is the subject of the Rule 13e-3 transaction; (2) Bandit Parent, LP ("**Parent**"), a Delaware limited partnership formed to effect the acquisition of the Company (3) Bandit Merger Sub, Inc. ("**Merger Sub"**), a Delaware corporation and a wholly owned indirect subsidiary of Parent (together with Parent, the "**Parent Entities**"); (4) Crestview Partners III GP, L.P., a Cayman Islands limited partnership ("**Crestview**"); and (5) each of the following entities (each, a "**Crestview Rolling Stockholder**," and collectively, the "**Crestview Rolling Stockholders**"): (a) Crestview Advisors, L.L.C., a Delaware limited liability company ("**Crestview Advisors**"), (b) Crestview W1 TE Holdings, LLC, a Delaware limited liability company, (c) Crestview W1 Holdings, L.P., a Delaware limited partnership, and (d) Crestview W1 Co-Investors, LLC, a Delaware limited liability company.

This Transaction Statement relates to that Agreement and Plan of Merger, dated August 11, 2025 (including all exhibits and documents attached thereto, and as it may be amended, supplemented or modified, from time to time, the "**Merger Agreement**"), by and among the Company, Parent and Merger Sub. Pursuant to the Merger Agreement and subject to the terms and conditions set forth therein, Merger Sub will merge with and into the Company, with the Company surviving the merger as an indirect wholly owned subsidiary of Parent (the "**Merger**"). In connection with the Merger Agreement, (1) DigitalBridge Partners III, L.P. has entered into a limited guarantee (the "**Parent Limited Guarantee**") with the Company with respect to the payment of a termination fee that may be payable by Parent to the Company under the Merger Agreement, as well as certain reimbursement obligations that may be owed by Parent pursuant to the Merger Agreement, in each case, subject to the terms of the Merger Agreement and the Parent Limited Guarantee; and (2) Crestview Partners III, L.P. has entered into a limited guarantee (the "**Crestview Limited Guarantee**") with Parent with respect to the payment of a termination fee that may be payable by Parent to the Company under the Merger Agreement, as well as certain reimbursement obligations that may be owed by Parent pursuant to the Merger Agreement, in each case, subject to the terms of the Merger Agreement and the Crestview Limited Guarantee.

At the effective time of the Merger (the "**Effective Time**"), each share of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than the Excluded Shares and the Dissenting Shares (each, as defined below)), will be cancelled and automatically converted into the right to receive cash in an amount equal to $5.20 per share, without interest (the "**Merger Consideration**"), subject to any applicable withholding taxes. As a result of the Merger, the Company will cease to be listed on the New York Stock Exchange and registration of the Company Common Stock under the Exchange Act will be terminated.

The "**Excluded Shares**" consist of: (i) any shares of Company Common Stock that are owned by the Company as treasury stock or otherwise; (ii) any shares of Company Common Stock that are owned by Parent or Merger Sub, including any Rollover Shares (as defined below); and (iii) any shares that are owned by any direct or indirect wholly owned subsidiary of the Company; in each case, that are issued and outstanding immediately prior to the Effective Time. The "**Dissenting Shares**" consist of all shares of Company Common Stock that are issued and outstanding as of immediately prior to the Effective Time (other than the Excluded Shares) that are held by the Company stockholders who are entitled to demand appraisal and who have properly exercised appraisal rights with respect thereto in accordance with, and who have complied with Section 262 of the General Corporation Law of the State of Delaware (the "**DGCL**") with respect to any such shares of Company Common Stock held by any such holder and, as of the Effective Time, have neither effectively withdrawn nor lost their rights to such appraisal and payment under Section 262 of the DGCL.

In connection with execution and delivery of the Merger Agreement, and as a condition and inducement to Parent's and the Company's willingness to enter into the Merger Agreement, the Crestview Rolling Stockholders and each of Brian P. Cassidy, Daniel G. Kilpatrick and Barry S. Volpert (such individuals, the "**Individual Rolling Stockholders**," and together with the Crestview Rolling Stockholders, each a "**Rollover** 

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**Stockholder**," and collectively, the "**Rollover Stockholders**") entered into the Voting, Support and Rollover Agreement, dated August 11, 2025, by and among the Company, Parent, the Rollover Stockholders and Crestview, in its capacity as the representative of the Rollover Stockholders) (the "**Rollover Agreement**"), pursuant to which, among other things, such Rollover Stockholders agreed (1) to vote all of their respective shares of Company Common Stock (including vested shares and restricted shares held by such Rollover Stockholders) in favor of the proposal to adopt the Merger Agreement and the other proposals to be presented at the Special Meeting, subject to the terms and conditions contained in the Rollover Agreement, subject to certain terms and conditions contained in the Rollover Agreement; (2) to not transfer or encumber any of their respective shares of Company Common Stock while the Rollover Agreement is in effect; (3) to not acquire any additional shares of the Company Common Stock; and (4) to not take any actions that any Rollover Stockholder or its affiliates is prohibited from taking with respect to Alternative Proposals (as defined in and more fully described in the Company's proxy statement filed concurrently with the filing of this Transaction Statement under Regulation 14A of the Exchange Act with the SEC (the "**Proxy Statement**") under the section captioned "*The Merger Agreement — Solicitations of Other Offers*."). In addition, pursuant to the Rollover Agreement, (a) immediately prior to the Effective Time, each of the Individual Rolling Stockholders will, among other things, through a series of related transactions, contribute the shares of Company Common Stock (including any Crestview Restricted Shares) that each Individual Rolling Stockholder respectively owns to Crestview Advisors in exchange for equity interests in Crestview Advisors (the "**Individual Contribution and Exchange**"); (b) immediately following the Individual Contribution and Exchange and immediately prior to the Effective Time, each of the Crestview Rolling Stockholders will contribute all of the shares of Company Common Stock it respectively owns, including as a result of the Individual Contribution and Exchange (the "**Rollover Shares**") to Merger Sub, an indirect wholly owned subsidiary of Parent, in exchange for equity interests in Bandit Holdco Inc., Inc., a wholly owned subsidiary of Parent ("**HoldCo**," and such equity interests, the "**Holdco Shares**"), and such contribution and exchange, the "**Initial Contribution and Exchange**"); (c) immediately following the Initial Contribution and Exchange and immediately prior to the Effective Time, each Crestview Rollover Stockholder shall contribute all of the HoldCo Shares it respectively owns as a result of the Initial Contribution and Exchange to Parent, in exchange for equity interests in Parent. The Rollover Shares to be contributed by the Rollover Stockholders will consist of all shares of Company Common Stock (including vested shares and restricted shares held by each Individual Rolling Stockholder) held by each Rollover Stockholder immediately prior to the Effective Time.

The board of directors of the Company (the "**Board**") established a special committee of the Board composed entirely of independent directors who are independent of Crestview and DigitalBridge Investments, LLC ("**DigitalBridge**") and who are disinterested in the Merger (the "**Special Committee**") to, among other things, evaluate and make recommendations to the Board regarding proposals relating to the potential acquisition of the Company by potential counterparties. The Special Committee, as more fully described in the Proxy Statement filed concurrently with the filing of this Transaction Statement under Regulation 14A of the Exchange Act with the SEC, evaluated the Merger, with the assistance of its own independent financial and legal advisors. After careful consideration, the Special Committee, pursuant to resolutions adopted at a meeting of the Special Committee held on August 11, 2025, unanimously (1) determined that the Merger Agreement and the transactions contemplated thereby, including the Merger, are fair to and in the best interests of the Company and its stockholders, excluding those shares of Company Common Stock held, directly or indirectly, by or on behalf of (a) Parent and the Rollover Stockholders, or their respective investment fund affiliates and associates (within the meaning of Rule 12b-2 of the Securities Act of 1934, as amended (the "**Exchange Act**")) and portfolio companies majority owned by such investment fund affiliates and (b) any person that the Company has determined to be an "officer" of the Company within the meaning of Rule 16a-1(f) of the Exchange Act (the "**Unaffiliated Company Stockholders**"), which group the Special Committee considered to be situated substantially similarly to, and include, the Company's "unaffiliated security holders" (as defined in Rule 13e-3(a)(4) ("**Rule 13e-3**") under the Exchange Act), (2) recommended to the Board that it approve the Merger Agreement and the transactions contemplated by the Merger Agreement, including the Merger, and (3) resolved to recommend that the Unaffiliated Company Stockholders adopt the Merger Agreement.

The Board (acting upon the recommendation of the Special Committee), by unanimous vote of the Company's directors, (1) determined that the terms of the Merger Agreement and the transactions contemplated thereby, including the Merger, are advisable, fair to, and in the best interests of, the Company

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and its stockholders, (2) approved the execution, delivery and performance of the Merger Agreement and the consummation of the Merger and any other transactions contemplated thereby upon the terms and subject to the conditions contained in the Merger Agreement, (3) directed that the Merger Agreement be submitted to the Company's stockholders for their adoption and (4) resolved to recommend that the Company's stockholders vote to approve the Merger Agreement, in each case on the terms and subject to the conditions set forth in the Merger Agreement.

The Merger cannot be completed without the affirmative vote of the holders of a majority of the issued and outstanding shares of Company Common Stock entitled to vote thereon.

The Company is filing the Proxy Statement with the SEC concurrently with the filing of this Transaction Statement under Regulation 14A of the Exchange Act, pursuant to which the Company is soliciting proxies from the Company's stockholders in connection with the Merger. The Proxy Statement is attached hereto as Exhibit (a)(1). A copy of the Merger Agreement is attached to the Proxy Statement as Annex A. A copy of the Rollover Agreement is attached to the Proxy Statement as Annex C. As of the date hereof, the Proxy Statement is in preliminary form, and is subject to completion or amendment. Terms used but not defined in this Transaction Statement have the meanings assigned to them in the Proxy Statement.

Pursuant to General Instruction F to Schedule 13E-3, the information in the Proxy Statement, including all annexes thereto, is expressly incorporated by reference herein in its entirety, and responses to each item herein are qualified in their entirety by the information contained in the Proxy Statement. The cross-references below are being supplied pursuant to General Instruction G to Schedule 13E-3 and show the location in the Proxy Statement of the information required to be included in response to the items of Schedule 13E-3.

The information concerning the Company contained in, or incorporated by reference into, this Transaction Statement and the Proxy Statement was supplied by the Company. Similarly, all information concerning each other Filing Person contained in, or incorporated by reference into, this Transaction Statement and the Proxy Statement was supplied by such Filing Person. No Filing Person, including the Company, is responsible for the accuracy of any information supplied by any other Filing Person.

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#### SCHEDULE 13E-3 ITEMS

#### Item 1. Summary Term Sheet
The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

#### Item 2. Subject Company Information
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) ***Name and address***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet — The Parties to the Merger"

"The Parties to the Merger — The Company"

"Important Information Regarding the Company"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) ***Securities***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet — The Special Meeting — Record Date; Shares Entitled to Vote; Quorum"

"Questions and Answers — Who is entitled to vote at the Special Meeting?"

"The Special Meeting — Record Date; Shares Entitled to Vote; Quorum"

"The Special Meeting — Shares Held by the Company's Directors and Executive Officers"

"Important Information Regarding the Company — Security Ownership of Certain Beneficial Owners and Management"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) ***Trading market and price***. The information set forth in the Proxy Statement under the following caption is incorporated herein by reference:

"Important Information Regarding the Company — Market Price of Company Common Stock"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d) ***Dividends***. The information set forth in the Proxy Statement under the following caption is incorporated herein by reference:

"The Merger Agreement — Conduct of Business Pending the Merger"

"Important Information Regarding the Company — Dividends"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (e) ***Prior public offerings***. The information set forth in the Proxy Statement under the following caption is incorporated herein by reference:

"Important Information Regarding the Company — Prior Public Offerings"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (f) ***Prior stock purchases***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Important Information Regarding the Company — Transactions in Company Common Stock"

"Important Information Regarding the Company — Past Contracts, Transactions, Negotiations and Agreements"

#### Item 3. Identity and Background of Filing Person
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) – (c)  ***Name and address; Business and background of entities; Business and background of natural persons***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

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"Summary Term Sheet — The Parties to the Merger"

"Questions and Answers"

"The Parties to the Merger"

"Important Information Regarding the Company — Directors and Officers — Non-Employee Directors"

"Important Information Regarding the Company — Security Ownership of Certain Beneficial Owners and Management"

"Important Information Regarding the Purchaser Filing Parties"

"Where You Can Find Additional Information"

#### Item 4. Terms of the Transaction
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) – (1) ***Material terms. Tender offers***. Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) – (2) ***Material terms. Mergers or similar transactions***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Plans for the Company after the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

"Special Factors — Certain Effects of the Merger"

"Special Factors — Certain Effects on the Company if the Merger Is Not Completed"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"Special Factors — Intent of Certain Stockholders to Vote in Favor of the Merger"

"Special Factors — Accounting Treatment"

"Special Factors — Material U.S. Federal Income Tax Consequences of the Merger"

"The Special Meeting — Votes Required"

"The Merger Agreement — Effect of the Merger"

"The Merger Agreement — Merger Consideration"

"The Merger Agreement — Exchange and Payment Procedures"

"The Merger Agreement — Conditions to the Closing of the Merger"

Annex A — Agreement and Plan of Merger

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) ***Different terms***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

"Special Factors — Certain Effects of the Merger"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"Special Factors — Intent of Certain Stockholders to Vote in Favor of the Merger"

"Special Factors — Parent Limited Guarantee"

"Special Factors — Crestview Limited Guarantee"

"Special Factors — Joint Bidding Agreement"

"Special Factors — Financing of the Merger"

"The Merger Agreement — Merger Consideration"

"The Merger Agreement — Exchange and Payment Procedures"

"The Merger Agreement — Employee Matters"

"The Merger Agreement — Indemnification and Insurance"

"The Rollover Agreement"

Annex A — Agreement and Plan of Merger

Annex C — Rollover Agreement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d) ***Appraisal rights***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet — Appraisal Rights"

"Questions and Answers"

"Special Factors — Certain Effects of the Merger"

"The Special Meeting — Appraisal Rights"

"Appraisal Rights"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (e) ***Provisions for unaffiliated security holders***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Provisions for the Company's Unaffiliated Stockholders"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (f) ***Eligibility for listing or trading***. Not applicable.

#### Item 5. Past Contacts, Transactions, Negotiations and Agreements
(a)(1) – (2) ***Transactions***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

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"Special Factors — Background of the Merger"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"Special Factors — Intent of Certain Stockholders to Vote in Favor of the Merger"

"Special Factors — Parent Limited Guarantee"

"Special Factors — Crestview Limited Guarantee"

"Special Factors — Financing of the Merger"

"Special Factors — Fees and Expenses"

"The Rollover Agreement"

"Important Information Regarding the Company — Prior Public Offerings"

"Important Information Regarding the Company — Transactions in Company Common Stock"

"Important Information Regarding the Company — Past Contracts, Transactions, Negotiations and Agreements"

"Important Information Regarding the Purchaser Filing Parties"

Annex C — Rollover Agreement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) – (c) ***Significant corporate events; Negotiations or contacts***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Plans for the Company after the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"Special Factors — Intent of Certain Stockholders to Vote in Favor of the Merger"

"The Merger Agreement"

"The Rollover Agreement"

Annex A — Agreement and Plan of Merger

Annex C — Rollover Agreement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (e) ***Agreements involving the subject company's securities***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

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"Special Factors — Background of the Merger"

"Special Factors — Certain Effects of the Merger"

"Special Factors — Certain Effects on the Company if the Merger Is Not Completed"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"Special Factors — Intent of Certain Stockholders to Vote in Favor of the Merger"

"Special Factors — Financing of the Merger"

"Special Factors — Parent Limited Guarantee"

"Special Factors — Crestview Limited Guarantee"

"The Special Meeting — Votes Required"

"The Merger Agreement"

"The Rollover Agreement"

Annex A — Agreement and Plan of Merger

Annex C — Rollover Agreement

#### Item 6. Purposes of the Transaction and Plans or Proposals
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) ***Use of securities acquired***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

"Special Factors — Certain Effects of the Merger"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"Special Factors — Financing of the Merger"

"Special Factors — Delisting and Deregistration of Company Common Stock"

"The Merger Agreement — Effect of the Merger"

"The Merger Agreement — Merger Consideration"

Annex A — Agreement and Plan of Merger

(c)(1) – (8) ***Plans***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Opinion of Centerview Partners LLC"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

------

[**TABLE OF CONTENTS**](#TOC)

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Plans for the Company after the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

"Special Factors — Certain Effects of the Merger"

"Special Factors — Certain Effects on the Company if the Merger Is Not Completed"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"Special Factors — Intent of Certain Stockholders to Vote in Favor of the Merger"

"Special Factors — Financing of the Merger"

"Special Factors — Parent Limited Guarantee"

"Special Factors — Crestview Limited Guarantee"

"The Merger Agreement — Effect of the Merger"

"The Merger Agreement — Certificate of Incorporation; Bylaws; Directors and Officers"

"The Merger Agreement — Merger Consideration"

"The Merger Agreement — Exchange and Payment Procedures"

"The Rollover Agreement"

"Important Information Regarding the Company"

Annex A — Agreement and Plan of Merger

Annex B — Opinion of Centerview

Annex C — Rollover Agreement

#### Item 7. Purposes, Alternatives, Reasons and Effects
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) ***Purposes***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Opinion of Centerview Partners LLC"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Plans for the Company after the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

------

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"Special Factors — Certain Effects of the Merger"

"Special Factors — Certain Effects on the Company if the Merger Is Not Completed"

Annex B — Opinion of Centerview

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) ***Alternatives***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Opinion of Centerview Partners LLC"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Plans for the Company after the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

"Special Factors — Certain Effects of the Merger"

"Special Factors — Certain Effects on the Company if the Merger Is Not Completed"

Annex B — Opinion of Centerview

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) ***Reasons***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Opinion of Centerview Partners LLC"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Plans for the Company after the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

"Special Factors — Certain Effects of the Merger"

"Special Factors — Certain Effects on the Company if the Merger Is Not Completed"

"Special Factors — Unaudited Prospective Financial Information"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"Special Factors — Intent of Certain Stockholders to Vote in Favor of the Merger"

Annex B — Opinion of Centerview

------

[**TABLE OF CONTENTS**](#TOC)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d) ***Effects***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Opinion of Centerview Partners LLC"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Plans for the Company after the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

"Special Factors — Certain Effects of the Merger"

"Special Factors — Certain Effects on the Company if the Merger Is Not Completed"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"Special Factors — Intent of Certain Stockholders to Vote in Favor of the Merger"

"Special Factors — Material U.S. Federal Income Tax Consequences of the Merger"

"Special Factors — Financing of the Merger"

"Special Factors — Parent Limited Guarantee"

"Special Factors — Crestview Limited Guarantee"

"Special Factors — Fees and Expenses"

"Special Factors — Delisting and Deregistration of Company Common Stock"

"The Merger Agreement — Certain Effects of the Merger"

"The Merger Agreement — Certificate of Incorporation; Bylaws; Directors and Officers"

"The Merger Agreement — Merger Consideration"

"The Merger Agreement — Indemnification and Insurance"

"The Merger Agreement — Employee Matters"

"The Rollover Agreement"

"Appraisal Rights"

Annex A — Agreement and Plan of Merger

Annex B — Opinion of Centerview

Annex C — Rollover Agreement

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#### Item 8. Fairness of the Transaction
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) – (b) ***Fairness; Factors considered in determining fairness***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Opinion of Centerview Partners LLC"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Plans for the Company after the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

"Special Factors — Certain Effects of the Merger"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"Special Factors — Intent of Certain Stockholders to Vote in Favor of the Merger"

Annex B — Opinion of Centerview

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) ***Approval of security holders***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Plans for the Company after the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

"The Special Meeting — Record Date; Shares Entitled to Vote; Quorum"

"The Special Meeting — Votes Required"

"The Special Meeting — Voting of Proxies"

"The Special Meeting — Revocability of Proxies"

"The Merger Agreement — Conditions to the Closing of the Merger"

Annex A — Agreement and Plan of Merger

------

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d) ***Unaffiliated representative***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Opinion of Centerview Partners LLC"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

Annex B — Opinion of Centerview

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (e) ***Approval of directors***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"Special Factors — Intent of Certain Stockholders to Vote in Favor of the Merger"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (f) ***Other offers***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

#### Item 9. Reports, Opinions, Appraisals and Negotiations
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) – (b) ***Report, opinion or appraisal; Preparer and summary of the report, opinion or appraisal***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

------

[**TABLE OF CONTENTS**](#TOC)

"Questions and Answers"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Opinion of Centerview Partners LLC"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

"Where You Can Find Additional Information"

Annex B — Opinion of Centerview

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) ***Availability of documents****.* The information set forth in the Proxy Statement under the following caption is incorporated herein by reference:

"Where You Can Find Additional Information"

The reports, opinions or appraisals referenced in this Item 9 will be made available for inspection and copying at the principal executive offices of the Company during its regular business hours by any interested equity holder of Company Common Stock or by a representative who has been so designated in writing.

#### Item 10. Source and Amounts of Funds or Other Consideration
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) – (b), (d) ***Source of funds; Conditions; Borrowed funds***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Special Factors — Parent Limited Guarantee"

"Special Factors — Crestview Limited Guarantee"

"Special Factors — Financing of the Merger"

"The Merger Agreement — Conduct of Business Pending the Merger"

"The Merger Agreement — Other Covenants"

"The Merger Agreement — Conditions to the Closing of the Merger"

Annex A — Agreement and Plan of Merger

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) ***Expenses***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

"Special Factors — Certain Effects on the Company if the Merger Is Not Completed"

"Special Factors — Fees and Expenses"

"The Special Meeting — Solicitation of Proxies"

------

[**TABLE OF CONTENTS**](#TOC)

"The Merger Agreement — Other Covenants"

"The Merger Agreement — Company Termination Fee"

"The Merger Agreement — Fees and Expenses"

"The Merger Agreement — Indemnification and Insurance"

Annex A — Agreement and Plan of Merger

#### Item 11. Interest in Securities of the Subject Company
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) ***Securities ownership***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"Special Factors — Intent of Certain Stockholders to Vote in Favor of the Merger"

"The Rollover Agreement"

"Important Information Regarding the Company — Security Ownership of Certain Beneficial Owners and Management"

"Important Information Regarding the Purchaser Filing Parties"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) ***Securities transactions***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Special Factors — Background of the Merger"

"The Merger Agreement"

"The Rollover Agreement"

"Important Information Regarding the Company — Prior Public Offerings"

"Important Information Regarding the Company — Transactions in Company Common Stock"

Annex A — Agreement and Plan of Merger

Annex C — Rollover Agreement

#### Item 12. The Solicitation or Recommendation
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d) ***Intent to tender or vote in a going-private transaction***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Intent of Certain Stockholders to Vote in Favor of the Merger"

"The Special Meeting — Votes Required"

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"The Rollover Agreement"

Annex C — Rollover Agreement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (e) ***Recommendation of others***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Purposes and Reasons of the Parent Entities"

"Special Factors — Purposes and Reasons of the Rollover Filing Parties"

#### Item 13. Financial Statements
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) ***Financial information***. The audited consolidated financial statements set forth in Item 8 of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and the unaudited financial statements set forth in Item 1 of the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024 are incorporated herein by reference.

The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Special Factors — Certain Effects of the Merger"

"Special Factors — Unaudited Prospective Financial Information"

"Important Information Regarding the Company — Selected Historical Consolidated Financial Data"

"Important Information Regarding the Company — Book Value Per Share"

"Where You Can Find Additional Information"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) ***Pro forma information***. Not applicable.

#### Item 14. Persons/Assets, Retained, Employed, Compensated or Used
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) – (b) ***Solicitations or recommendations; Employees and corporate assets***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Questions and Answers"

"Special Factors — Background of the Merger"

"Special Factors — Reasons for the Merger; Recommendations of the Special Committee and the Company Board"

"Special Factors — Position of the Parent Entities as to the Fairness of the Merger"

"Special Factors — Position of the Rollover Filing Parties as to the Fairness of the Merger"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

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"Special Factors — Fees and Expenses"

"The Special Meeting — Solicitation of Proxies"

#### Item 15. Additional Information
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) ***Golden Parachute Compensation***. The information set forth in the Proxy Statement under the following captions is incorporated herein by reference:

"Summary Term Sheet"

"Special Factors — Interests of the Company's Directors and Executive Officers in the Merger"

"The Merger Agreement — Merger Consideration"

Annex A — Agreement and Plan of Merger

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) ***Other material information***. The information set forth in the Proxy Statement, including all annexes thereto, is incorporated herein by reference.

#### Item 16. Exhibits
The following exhibits are filed herewith:

---

| | |
|:---|:---|
| 16(a)(2)(i)  | [Preliminary Proxy Statement of WideOpenWest, Inc. (the "](http://www.sec.gov/Archives/edgar/data/1701051/000110465925090552/tm2523589-1_prem14a.htm)**[Proxy Statement](http://www.sec.gov/Archives/edgar/data/1701051/000110465925090552/tm2523589-1_prem14a.htm)**[") (included in the Schedule 14A filed on September 17, 2025 and incorporated herein by reference).](http://www.sec.gov/Archives/edgar/data/1701051/000110465925090552/tm2523589-1_prem14a.htm) |
| 16(a)(2)(ii)  | [Form of Proxy Card (included in the Proxy Statement and incorporated herein by reference).](http://www.sec.gov/Archives/edgar/data/1701051/000110465925090552/tm2523589-1_prem14a.htm)  |
| 16(a)(2)(iii)  | [Letter to Stockholders (included in the Proxy Statement and incorporated herein by reference).](http://www.sec.gov/Archives/edgar/data/1701051/000110465925090552/tm2523589-1_prem14a.htm)  |
| 16(a)(2)(iv)  | [Notice of Special Meeting of Stockholders (included in the Proxy Statement and incorporated herein by reference).](http://www.sec.gov/Archives/edgar/data/1701051/000110465925090552/tm2523589-1_prem14a.htm)  |
| 16(a)(2)(v)  | [Frequently Asked Questions, dated August 12, 2025 (included in Schedule 14A filed on August 12, 2025 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/1701051/000110465925076513/tm2523141d4_defa14a.htm)  |
| 16(a)(2)(vi)  | [Email to Employees, dated August 12, 2025 (included in Schedule 14A filed on August 12, 2025 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/1701051/000110465925076515/tm2523141d3_defa14a.htm)  |
| 16(a)(2)(vii)  | [Video Message to Employees, dated August 13, 2025 (included in Schedule 14A filed on August 13, 2025 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/1701051/000110465925076964/tm2523141d6_defa14a.htm)  |
| 16(a)(2)(viii)  | [Current Report on Form 8-K, dated August 14, 2025 (included in Form 8-K filed on August 14, 2025 and incorporated herein by reference).](https://www.sec.gov/ix?doc=/Archives/edgar/data/1701051/000110465925077815/tm2523141d5_8k.htm)  |
| 16(a)(2)(ix)  | [Email to Employees, dated August 15, 2025 (included in Schedule 14A filed on August 18, 2025 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/1701051/000110465925079345/tm2523141d8_defa14a.htm)  |
| 16(c)(i)  | [Opinion of Centerview Partners LLC to the Special Committee of the Board of Directors of WideOpenWest, Inc., dated August 11, 2025 (included as Annex B to the Proxy Statement and incorporated herein by reference).](http://www.sec.gov/Archives/edgar/data/1701051/000110465925090552/tm2523589-1_prem14a.htm#tANNB) |
| 16(c)(ii)  | [Discussion materials prepared by Centerview Partners LLC, dated July 1, 2024, for the Special Committee of the Board of Directors of WideOpenWest, Inc.](tm2523589d2_ex16-cii.htm)  |
| 16(c)(iii)  | [Discussion materials prepared by Centerview Partners LLC, dated August 9, 2024, for the Special Committee of the Board of Directors of WideOpenWest, Inc.](tm2523589d2_ex16-ciii.htm)  |
| 16(c)(iv)  | [Discussion materials prepared by Centerview Partners LLC, dated August 19, 2024, for the Special Committee of the Board of Directors of WideOpenWest, Inc.](tm2523589d2_ex16-civ.htm)  |
| 16(c)(v)  | [Discussion materials prepared by Centerview Partners LLC, dated October 16, 2024, for the Special Committee of the Board of Directors of WideOpenWest, Inc.](tm2523589d2_ex16-cv.htm)  |
| 16(c)(vi)  | [Discussion materials prepared by Centerview Partners LLC, dated November 25, 2024, for the Special Committee of the Board of Directors of WideOpenWest, Inc.](tm2523589d2_ex16-cvi.htm)  |

---

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| | |
|:---|:---|
| 16(c)(vii)  | [Discussion materials prepared by Centerview Partners LLC, dated December 16, 2024, for the Special Committee of the Board of Directors of WideOpenWest, Inc.](tm2523589d2_ex16-cvii.htm) |
| 16(c)(viii)  | [Discussion materials prepared by Centerview Partners LLC, dated February 13, 2025 for the Special Committee of the Board of Directors of WideOpenWest, Inc.](tm2523589d2_ex16-cviii.htm)<sup>\*</sup> |
| 16(c)(ix)  | [Discussion materials prepared by Centerview Partners LLC, dated May 30, 2025, for the Special Committee of the Board of Directors of WideOpenWest, Inc.](tm2523589d2_ex16-cix.htm)<sup>\*</sup> |
| 16(c)(x)  | [Discussion materials prepared by Centerview Partners LLC, dated May 30, 2025, for the Special Committee of the Board of Directors of WideOpenWest, Inc.](tm2523589d2_ex16-cx.htm) |
| 16(c)(xi)  | [Discussion materials prepared by Centerview Partners LLC, dated August 5, 2025, for the Special Committee of the Board of Directors of WideOpenWest, Inc.](tm2523589d2_ex16-cxi.htm)<sup>\*</sup> |
| 16(c)(xii)  | [Discussion materials prepared by Centerview Partners LLC, dated August 10, 2025, for the Special Committee of the Board of Directors of WideOpenWest, Inc.](tm2523589d2_ex16-cxii.htm) |
| 16(d)(i)  | [Agreement and Plan of Merger, dated as of August 11, 2025, by and among the WideOpenWest, Inc., Bandit Parent, LP and Bandit Merger Sub, Inc. (included as Annex A to the Proxy Statement and incorporated herein by reference).](http://www.sec.gov/Archives/edgar/data/1701051/000110465925090552/tm2523589-1_prem14a.htm#tANNA) |
| 16(d)(ii)  | [Rollover Agreement, dated as of August 11, 2025, by and among WideOpenWest, Inc., Bandit Parent, LP, Crestview Advisors, L.L.C., Crestview W1 TE Holdings, LLC, Crestview W1 Holdings, L.P., Crestview W1 Co-Investors, LLC, Brian Cassidy, Daniel Kilpatrick, Barry Volpert and Crestview Partners III GP, L.P., as Stockholders Representative (included as Annex C to the Proxy Statement and incorporated herein by reference).](http://www.sec.gov/Archives/edgar/data/1701051/000110465925090552/tm2523589-1_prem14a.htm#tANNC) |
| 16(d)(iii)  | [Limited Guarantee, dated August 11, 2025, delivered by DigitalBridge Partners III, LP in favor of WideOpenWest, Inc.](tm2523589d2_ex16-diii.htm) |
| 16(d)(iv)  | [Limited Guarantee, dated August 11, 2025, delivered by Crestview Partners III, L.P. in favor of Bandit Parent, LP.](tm2523589d2_ex16-div.htm) |
| 16(d)(v)  | [Equity Commitment Letter, dated August 11, 2025, by and between DigitalBridge Partners III, LP and Parent (incorporated herein by reference to Exhibit 99.5 of the Schedule 13D/A filed by Crestview and each of the Crestview Rolling Stockholders on August 13, 2025).](https://www.sec.gov/Archives/edgar/data/1701051/000095010325010276/dp232938_ex9905.htm) |
| 16(d)(vi)  | [Amended and Restated Joint Bidding and Cost Sharing Agreement, dated August 11, 2025, by and among DigitalBridge Investments, LLC, DB Bandit Holdings, LP, Parent, Crestview, the Crestview Rolling Stockholders, and solely for purposes of Section 21 therein, DigitalBridge Partners III, LP (incorporated herein by reference to Exhibit 99.7 of the Schedule 13D/A filed by Crestview and each of the Crestview Rolling Stockholders on August 13, 2025).](https://www.sec.gov/Archives/edgar/data/1701051/000095010325010276/dp232938_ex9907.htm) |
| 16(f)  | [Section 262 of the Delaware General Corporation Law (included as Annex D to the Proxy Statement and incorporated herein by reference).](http://www.sec.gov/Archives/edgar/data/1701051/000110465925090552/tm2523589-1_prem14a.htm#tANND) |
| 107  | [Filing Fee Table.](tm2523589d2_ex-filingfees.htm) |

---

\*

Certain portions of this exhibit have been redacted and separately filed with the SEC pursuant to a request for confidential treatment.

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#### SIGNATURES
After due inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: September 17, 2025

#### WIDEOPENWEST, INC.
By:

/s/ Teresa Elder

Name:

Teresa Elder

Title:

Chief Executive Officer

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After due inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: September 17, 2025

**BANDIT PARENT, LP**

By: Bandit Parent GP, LLC, its general partner

By:

/s/ Jonathan Friesel

Name:

Jonathan Friesel

Title:

Vice President

#### BANDIT MERGER SUB, INC.
By:

/s/ Jonathan Friesel

Name:

Jonathan Friesel

Title:

Vice President

------

[**TABLE OF CONTENTS**](#TOC)

After due inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: September 17, 2025

#### CRESTVIEW PARTNERS III GP, L.P.
By:

/s/ Poojitha Mantha

Name:

Poojitha Mantha

Title:

Chief Compliance Officer

#### CRESTVIEW ADVISORS, L.L.C.
By:

/s/ Poojitha Mantha

Name:

Poojitha Mantha

Title:

Chief Compliance Officer

#### CRESTVIEW W1 TE HOLDINGS, LLC
By:

/s/ Poojitha Mantha

Name:

Poojitha Mantha

Title:

Chief Compliance Officer

#### CRESTVIEW W1 HOLDINGS, L.P.
By:

/s/ Poojitha Mantha

Name:

Poojitha Mantha

Title:

Chief Compliance Officer

#### CRESTVIEW W1 CO-INVESTORS, LLC
By:

/s/ Poojitha Mantha

Name:

Poojitha Mantha

Title:

Chief Compliance Officer

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## Ex-16.(C)(Ii)

#### Exhibit 16(c)(ii)
– Highly Confidential; For Discussion Purposes Only – Project MangroveDiscussion Materials for the Special Committee July 1, 2024– Privileged - Prepared at Request of Counsel –

![[MISSING IMAGE: pg_exhibit16c2page1-4c.jpg]](pg_exhibit16c2page1-4c.jpg)

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– Highly Confidential; For Discussion Purposes Only –– Privileged - Prepared at Request of Counsel –DisclaimerThis presentation has been prepared by Centerview Partners LLC ("Centerview") for use solely by the Special Committee of the Board of Directors of Mangrove andfor no other purpose. The information contained herein is based upon information supplied by or on behalf of Mangrove and publicly available information, andportions of the information contained herein may be based upon statements, estimates and forecasts provided by Mangrove. Centerview has relied upon theaccuracy and completeness of the foregoing information, and has not assumed any responsibility for any independent verification of such information or for anyindependent evaluation or appraisal of any of the assets or liabilities (contingent or otherwise) of Mangrove or any other entity, or concerning the solvency or fairvalue of Mangrove or any other entity. With respect to financial forecasts, Centerview has assumed that such forecasts have been reasonably prepared on basesreflecting the best currently available estimates and judgments of the management of Mangrove as to the future financial performance of Mangrove, and at yourdirection Centerview has relied upon such forecasts, as provided by Mangrove's management, with respect to Mangrove. Centerview assumes no responsibility forand expresses

no view as to such forecasts or the assumptions on which they are based. The information set forth herein is based upon economic, monetary, marketand other conditions as in effect on, and the information made available to us as of, the date hereof, unless indicated otherwise and Centerview assumes noobligation to update or otherwise revise these materials.The financial analysis in this presentation is complex and is not necessarily susceptible to a partial analysis or summary description. In performing this financialanalysis, Centerview has considered the results of its analysis as a whole and did not necessarily attribute a particular weight to any particular portion of the analysisconsidered. Furthermore, selecting any portion of Centerview's analysis, without considering the analysis as a whole, would create an incomplete view of the processunderlying its financial analysis. Centerview may have deemed various assumptions more or less probable than other assumptions, so the reference ranges resultingfrom any particular portion of the analysis described above should not be taken to be Centerview's view of the actual value of Mangrove.These materials and the information contained herein are confidential, were not prepared with a view toward public disclosure, and may not be disclosed publicly ormade available to third parties without the prior written consent of Centerview. These materials and any other advice, written or oral, rendered by Centerview areintended solely for the benefit and use of the Special Committee of the Board of Directors of Mangrove (in its capacity as such), and are not for the benefit of, anddo not convey any rights or remedies for any holder of securities of Mangrove or any other person. Centerview will not be responsible for and has not provided anytax, accounting, actuarial, legal or other specialist advice. These materials are not intended to provide the sole basis for evaluating any transaction, and thispresentation does not represent a fairness opinion, recommendation, valuation or opinion of any kind, and is necessarily incomplete and should be viewed solely inconjunction with the oral presentation provided by Centerview.

![[MISSING IMAGE: pg_exhibit16c2page2-4c.jpg]](pg_exhibit16c2page2-4c.jpg)

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– Highly Confidential; For Discussion Purposes Only –– Privileged - Prepared at Request of Counsel –Situation Update Centerview was engaged on May 30th by the Special Committee and has been progressing its duediligence on the business:– Had an introductory call with management and received access to the various company data rooms The company and the committee are progressing on workstreams, including:– Working with Altman Solon to refine and update the company's LRP– Engaging PJT to review financing alternatives– Progressing Project Pine and other company initiatives The Special Committee is involved and actively participating in the additional workstreams withCenterview support

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3– Highly Confidential; For Discussion Purposes Only –– Privileged - Prepared at Request of Counsel –Centerview's Work Plan Outline Information gatheringShare initial request listInitial management meeting– Meet with mgmt. to discussforecast, risks /opportunities, alternativescenarios, etc.– Receive LRP / financialmodel– Special Committeeapproves forecast for use infinancial analysis Financial analysis Present initial views onalternatives to the SpecialCommittee Determine next steps Understanding keyconstituent positions iscritical for crafting strategy Special Committee to engagewith appropriate partiesbased on guidance of counsel Determine if now is theright time to pursuepotential alternatives Design execution processbased on the above Special Committee hastools available to extractvalue and/or terms, or mayhalt process No specific path is presupposed– full discretionto change coursethroughout notpresupposing anyoutcomePhase I: Analysis andEvaluation of AlternativesPhase II: Preparefor ExecutionPhase III: Delivering aSuperior OutcomeWork has commenced and is ongoingNext steps

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– Highly Confidential; For Discussion Purposes Only –– Privileged - Prepared at Request of Counsel –Considerations Regarding Spectrum of Valuation Approaches Trading multiples based on selected comparable public companiesRelative Appropriate forecasts necessary to drive analysis In addition to financial forecasts, drivers include discount rate and perpetuity growth rateReferenceOnly Mangrove trading levels over the last 12 monthsDiscountedCash FlowAnalysisSelected PublicTradingComparablesAnalyst PriceTargets52-WeekTrading Range Range of analyst price targetsSelectedPrecedentTransactions Multiples based on M&A transactions in similar subsectorsTo aid the Special Committee, Centerview may choose to consider a range of valuation approaches(circumstance dependent)Intrinsic

![[MISSING IMAGE: pg_exhibit16c2page5-4c.jpg]](pg_exhibit16c2page5-4c.jpg)

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– Highly Confidential; For Discussion Purposes Only –– Privileged - Prepared at Request of Counsel –'24E EBITDA '24E NetCategory Company EV ($bn) (2) Multiple Leverage Commentary$6 5.3x 3.5x$1 7.3x n.a.$275 6.1x 2.9x$289 9.1x 2.5x$318 6.5x 3.1xOthers ToConsiderCable / FiberTelcoPotential Interested Parties – Strategic Companies(1)Source: Company filings, Wall Street research and FactSet as of June 2024.Note: Adj. EBITDA unburdened by stock-based compensation expense and amortization of capitalized software development investment.(1) No parties have been contacted.(2) Excludes operating leases.(3) Negative net debt as of 3/31/24. Actively pursuing fixed-line to supportmobile position Wholesale model focused Recently invested in 50% acquisition of Lumos Nearly fully overbuilt copper networkwith fiber May expand network to compete with bundle Previous acquiror of WOW assets Continued expansion in both HFC andFTTH network Nearly 50% complete on fiber expansion Recently sold towers to Vertical Bridgefor $310mm(3) Pursuing 30mm homes passed target in-regionand 1.5mm homes out-of-region throughGigapower JV Significant overlap with Mangrove assets

![[MISSING IMAGE: pg_exhibit16c2page6-4c.jpg]](pg_exhibit16c2page6-4c.jpg)

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– Highly Confidential; For Discussion Purposes Only –– Privileged - Prepared at Request of Counsel –LatestName Fund Size Points of Contact Current B2C Portfolio~$20bn Aaron Sobel (Partner)~$10bn Kevin Genieser (Managing Partner), Guillaume Friedel (Partner)~$7bn Scott Graves (Partner, Co-Head PE)~$20bn Greg Blank (Sr. MD), Jas Khaira (Sr. MD)~$12bn Scott Peak (Co-Pres. & Head of North America), Roberto Marcogliese (Managing Partner)~$24bn Jan Vesely (Partner), Nirav Shah (Partner)~$4bn Mark Prybutok (MD & Co-Head Data Infrastructure)~$4bn David Grain (Founder & CEO), Chad Crank (MD)~$12bn Stephen Jeschke (MD), Cameron Rouzer (Principal)~$4bn Rory Hunter (Partner)~$15bn Andrew Crouch (MD)~$9bn Anton Moldan (Sr. MD), Lincoln Heilner (Sr. VP)~$6bn John Ghiradelli (ED)~$4bn Scott Baker (Managing Partner), Adam Hahn (Partner)~$25bn Peter Gray (MD)~$2bn Omar Jaffrey (Founder & Managing Partner)~$2bn Qazi Fazal (Partner), Clinton Karcher (Partner)~$4bn Dwight Kost (MD), Min Kim (VP)~$0.4bn Brian McMullen (Co-Founder & Managing Partner)~$1bn Sanjiv Ahuja (Founder & CEO), Sachit Ahuja (President)~$16bn John Flynn (Partner), Kris Wong (Principal)~$5bn Marc Keller (MD), Bader AlFares (Director)Potential Interested Parties – Financial Sponsors(1)Source: Company filings, press releases and Pitchbook.Note: Sorted by flagship fund size from largest to smallest.(1) No parties have been contacted.(2) Total AUM.(3) Aggregate of flagship and healthcare funds.

![[MISSING IMAGE: pg_exhibit16c2page7-4c.jpg]](pg_exhibit16c2page7-4c.jpg)

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## Ex-16.(C)(Iii)

#### Exhibit 16(c)(iii)
– Preliminary Working Draft – – Highly Confidential –August 2024Project MangroveConfidential Discussion MaterialsPrepared for the Special Committee of the Board of Directors

![[MISSING IMAGE: pg_exhibit16c3page1-4c.jpg]](pg_exhibit16c3page1-4c.jpg)

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– Preliminary Working Draft – – Highly Confidential –1DisclaimerThis presentation has been prepared by Centerview Partners LLC ("Centerview") for use solely by the Special Committee of the Board of Directors of Mangrove inconnection with its evaluation of a proposed sale of Mangrove and for no other purpose. The information contained herein is based upon information supplied by oron behalf of Mangrove and publicly available information, and portions of the information contained herein may be based upon statements, estimates and forecastsprovided by Mangrove. Centerview has relied upon the accuracy and completeness of the foregoing information, and has not assumed any responsibility for anyindependent verification of such information or for any independent evaluation or appraisal of any of the assets or liabilities (contingent or otherwise) of Mangrove orany other entity, or concerning the solvency or fair value of Mangrove or any other entity. With respect to financial forecasts, Centerview has assumed that suchforecasts have been reasonably prepared on bases reflecting the best currently available estimates and judgments of the management of Mangrove as to the futurefinancial performance of Mangrove, and at your direction Centerview has relied upon such forecasts, as provided by Mangrove's management, with respect toMangrove. Centerview assumes no responsibility

for and expresses no view as to such forecasts or the assumptions on which they are based. The information setforth herein is based upon economic, monetary, market and other conditions as in effect on, and the information made available to us as of, the date hereof, unlessindicated otherwise and Centerview assumes no obligation to update or otherwise revise these materials.The financial analysis in this presentation is complex and is not necessarily susceptible to a partial analysis or summary description. In performing this financialanalysis, Centerview has considered the results of its analysis as a whole and did not necessarily attribute a particular weight to any particular portion of the analysisconsidered. Furthermore, selecting any portion of Centerview's analysis, without considering the analysis as a whole, would create an incomplete view of the processunderlying its financial analysis. Centerview may have deemed various assumptions more or less probable than other assumptions, so the reference ranges resultingfrom any particular portion of the analysis described above should not be taken to be Centerview's view of the actual value of Mangrove.These materials and the information contained herein are confidential, were not prepared with a view toward public disclosure, and may not be disclosed publicly ormade available to third parties without the prior written consent of Centerview. These materials and any other advice, written or oral, rendered by Centerview areintended solely for the benefit and use of the Special Committee of the Board of Directors of Mangrove (in its capacity as such) in its consideration of the proposedtransaction, and are not for the benefit of, and do not convey any rights or remedies for any holder of securities of Mangrove or any other person. Centerview willnot be responsible for and has not provided any tax, accounting, actuarial, legal or other specialist advice. These materials are not intended to provide the sole basisfor evaluating the proposed transaction, and this presentation does not represent a fairness opinion, recommendation, valuation or opinion of any kind, and isnecessarily incomplete and should be viewed solely in conjunction with the oral presentation provided by Centerview.

![[MISSING IMAGE: pg_exhibit16c3page2-4c.jpg]](pg_exhibit16c3page2-4c.jpg)

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– Preliminary Working Draft – – Highly Confidential –2Situation Update and Summary of Diligence In June 2024, the Special Committee and the company retained Altman Solon, a telecommunications consultant, towork with management to refine and update the company's LRP Centerview met with the Special Committee and Altman Solon on seven occasions in June and July, including twomeetings attended by management On 8/2/24, management shared an LRP, and instructed Centerview to utilize it for purposes of its analysis– Centerview has reviewed several iterations and drafts of the LRP prior to the latest draftLong-Range PlanOverviewFinancing The Company is working with PJT to secure additional liquidity to support long term growth and fiber deployment The incremental financing is likely to provide approximately $150 million of additional liquidity from third-partylenders with a pathway to additional capital As part of the new package, it is not clear whether the company will retain the change of control flexibility that existsunder the current documents

![[MISSING IMAGE: pg_exhibit16c3page3-4c.jpg]](pg_exhibit16c3page3-4c.jpg)

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– Preliminary Working Draft – – Highly Confidential –Situation Update and Summary of Diligence (Cont'd)Diligence The following summarizes the diligence conducted by Centerview on Mangrove to date:– Reviewed recent board updates, strategy presentations, forecasts, debt and equity capitalization and otherinformation provided by management– Reviewed data / analysis from Mangrove management and Altman Solon– Reviewed recent Wall St. analyst research and recent public filings (including recent 10-K and 10-Qs) Centerview and members of Mangrove management, the Special Committee and Altman Solon discussed key areas ofdiligence, including, but not limited to:– The LRP and performance to date in both legacy and greenfield markets– Existing KPIs (homes passed, penetration, ARPU)– Pipeline of potential organic growth opportunities and fiber deployment– Competitive landscape and Mangrove's areas of differentiation– Historical growth, margins and SG&A trends vs. assumptions in the LRP– Capital expenditure plan and investments required to facilitate organic growth opportunities– Net working capital needs and trends– Trends related to stock-based compensation, depreciation and amortization– Expected effective tax rate going forward

![[MISSING IMAGE: pg_exhibit16c3page4-4c.jpg]](pg_exhibit16c3page4-4c.jpg)

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– Preliminary Working Draft – – Highly Confidential –Today's Discussion1 Valuation Perspectives2 Potential Process & Counterparties3 Appendix

![[MISSING IMAGE: pg_exhibit16c3page5-4c.jpg]](pg_exhibit16c3page5-4c.jpg)

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– Preliminary Working Draft – – Highly Confidential –5Overview of Crestview's May 2nd Proposal $4.80 per share in cash for all outstanding shares of Mangrovecommon stock not currently owned by Crestview– Proposal states offer price represents a 27% premium over theunaffected share price of $3.79(1)HeadlineOffer Non-waivable condition requires:– Approval and recommendation to board by Special Committee,as advised by independent legal and financial advisors– Approval of Mangrove Board of Directors Assumes the current debt financing at WOW remains in place aftertransaction close Equity financing will be funded by the rollover of Crestview's existing38.0% ownership and new equity to be provided by DigitalBridge Completion of customary due diligenceOther KeyTermsCertainConditionsof ProposalShare Price $4.80x DSO(2) 86.4Implied Equity Value $415(+) Debt(3) 975(-) Cash(3) (21)Implied Enterprise Value $1,369Mangrove Management PlanEV / Adj. EBITDA2024E $260 5.3xNTM(4) 277 4.9xMangrove Consensus (1)EV / Adj. EBITDA2024E $273 5.0xNTM(4) 273 5.0xOffer Price % Prem. / (Disc.) to(1) :Unaffected Price $3.79 +27%L52-Week High 11.59 (59%)L52-Week Low 2.31 +108%30-Day VWAP 3.59 +34%60-Day VWAP 3.52 +36%90-Day VWAP 3.57 +34%Proposal Overview Implied Offer MetricsSource: Crestview's non-binding proposal received on 5/2/24, Mangrove ManagementPlan and FactSet as of 8/6/2024.Note: U.S. dollars in millions, except per share amounts. EBITDA figures reflectEBITDA estimates in USD per FactSet.(1) As of unaffected date of 5/2/24.(2) Assumes DSO per Mangrove management as of 6/30/24.(3) Reflects balance sheet as of 6/30/24.(4) Reflects NTM Adj. EBITDA as of 8/2/2024.1 Valuation Perspectives

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– Preliminary Working Draft – – Highly Confidential –6Share Price Performance Over TimeMangrove 52-Week High(5/3/23): $11.32Source: FactSet as of 8/6/2024.Note: Prices indexed to Mangrove as of 5/2/19. Broadband peer median includes CABO, CHTR, CMCSA, FYBR, LUMN and SHEN. Mangrove unaffected date as of 5/2/24.$7.99$3.79(53%)(33%)+79%Current(Memo):Mangroveunaffected priceIndexed Share Price Performance – Five Years Prior to Unaffected Date$5.08(36%)Mangrove 52-Week Low(11/10/23): $2.87Mangrove Broadband Peers S&P 500March 2022:First Fed rate hike post-pandemicMay 2022:Reported Q1'22 Results, DoubledGreenfield Expansion PlansNovember 2023:Reported Q3'23 Results1 Valuation Perspectives$0$5$10$15$20$25$30May-19 Nov-19 May-20 Nov-20 May-21 Nov-21 May-22 Nov-22 May-23 Nov-23 May-24

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– Preliminary Working Draft – – Highly Confidential –7Historicals Projections2022 2023 2024 2025 2026 2027 2028 2029Revenue $705 $687 $647 $643 $603 $615 $644 $677% Growth (3%) (6%) (1%) (6%) +2% +5% +5%% Fiber 1% 4% 7% 11% 15% 19%Adj. EBITDA(1) $254 $259 $248 $278 $295 $329 $363 $382% Growth +2% (4%) +12% +6% +12% +10% +5%% Margin 36% 38% 38% 43% 49% 54% 56% 56%(-) D&A (164) (139) (140) (136) (169) (191)Adj. EBIT $85 $138 $155 $193 $194 $191% Growth +64% +12% +24% +1% (1%)% Margin 13% 22% 26% 31% 30% 28%(-) Taxes (21) (35) (39) (48) (49) (48)Tax Rate 25% 25% 25% 25% 25% 25%NOPAT $63 $104 $116 $145 $146 $144(+) D&A 164 139 140 136 169 191(-) Capex (236) (245) (255) (239) (241) (225)(-) Δ in NWC (10) (15) (0) (5) 1 (4)(-) Other(2) (22) (16) (8) (5) (5) (3)Unlevered Free Cash Flow ($41) ($32) ($7) $32 $69 $101% Growth n.m. n.m. n.m. +115% +46%% Conversion (17%) (12%) (2%) 10% 19% 27%5 Year Management Plan SummarySource: Mangrove management.Note: U.S. dollars in millions. Reflects management forecast received by Centerview on 8/2/2024.(1) Burdened by Stock-Based Compensation.(2) Includes Non-EBITDA Severance, Non-Recurring & Integration Expenses, and Other Expenses.1 Valuation Perspectives

![[MISSING IMAGE: pg_exhibit16c3page8-4c.jpg]](pg_exhibit16c3page8-4c.jpg)

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– Preliminary Working Draft – – Highly Confidential –8$260 $260 $268 $274 $289 $257 $273 $274 $307 $283 $284$647 $631 $637 $6398/2/24 Management Plan vs. Consensus: Selected P&L ItemsSource: Mangrove Management Plan provided on 8/2/2024, Wall Street research and FactSet as of 8/6/2024.Note: U.S. dollars in millions. Adj. EBITDA unburdened by stock-based compensation.RevenueAdj.EBITDAUFCF(EBITDAlessCapex)# of Est. = 3# of Est. = 2# of Est. = 3 # of Est. = 2# of Est. = 3 # of Est. = 32024E 2025E 2026E$643 $592 $614 $632 $603 $576 $604# of Est. = 3# of Est. = 3# of Est. = 1$45($53)$19$92$24($31)$19$82$52–Mgmt. Mgmt. Mgmt.Mgmt. Mgmt. Mgmt.Mgmt. Mgmt. Mgmt.n.m.1 Valuation Perspectives

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– Preliminary Working Draft – – Highly Confidential –98/2/24 Management Plan vs. Consensus: MarginsAdj.EBITDAMarginUFCF as% ofRevenue# of Est. = 3Source: Mangrove Management Plan provided on 8/2/2024, Wall Street research and FactSet as of 8/6/2024.Note: U.S. dollars in millions. Adj. EBITDA unburdened by stock-based compensation.2024E 2025E 2026E40.2% 40.7% 42.4% 43.0%# of Est. = 345.0% 40.7% 44.7% 46.1%# of Est. = 250.8% 47.1% 49.2%# of Est. = 33.7%(4.8%)3.0%13.0%# of Est. = 36.9%(8.4%)3.1%15.6%# of Est. = 18.6%–Mgmt. Mgmt. Mgmt.Mgmt. Mgmt. Mgmt.n.m.1 Valuation Perspectives

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– Preliminary Working Draft – – Highly Confidential –10Preliminary Overview of Valuation MethodologiesDescription Range of closing share prices for Mangrove stock over the 52 weeks ending 5/2/2024 (unaffected date) Price targets for Mangrove per recent Wall Street analyst research reports as of latest available date EBITDA unburdened by stock-based compensation expense Multiples applied to Mangrove Management Plan NTM EBITDA EBITDA unburdened by stock-based compensation expense Multiples applied to Mangrove Management Plan LTM EBITDA Mangrove Management Plan Weighted Average Cost of Capital of 9.0% – 10.0% Perpetuity growth rate of 2.5% – 3.5% Assumes utilization of NOLs starting in 2027EEV / LTMAdj. EBITDAEV / NTMAdj. EBITDAAnalystPrice TargetsTradingMultiplesPrecedentTransactionsDiscounted CashFlow AnalysisIncluding Value of Tax AssetsForReference52-WeekTrading RangeMethodologySource: Mangrove management, public filings, FactSet, and Bloomberg.Note: U.S. dollars in millions, except per share amounts. Balance sheet and fully diluted share count as of 6/30/24 per Mangrove management estimate. Share pricesrounded to nearest $0.05, except for 52-week trading range. NTM metrics reflect NTM as of 8/2/2024.1 Valuation Perspectives

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– Preliminary Working Draft – – Highly Confidential –11$2.87$3.00$3.40$5.90$3.30$11.32$8.00$8.65$10.50$9.15Preliminary Mangrove Valuation AnalysisMethodology Relevant Metrics Implied Share Price Range5.5x – 7.0x LTM Adj.EBITDA of $266mm4.5x – 6.1x NTM Adj.EBITDA of $277mmLow (11/10/23) /High (5/3/23)(Unaffected Date)WACC: 9.0% – 10.0%PGR: 2.5% – 3.5%Low / High(Latest Available Reports)CrestviewProposal 5/2/24$4.80EV / LTMAdj. EBITDAAnalystPrice TargetsTradingMultiplesPrecedentTransactionsDiscounted CashFlow AnalysisIncluding Value of Tax AssetsForReference52-WeekTrading RangeEV / NTMAdj. EBITDASource: Mangrove management, public filings, FactSet, and Bloomberg.Note: U.S. dollars in millions, except per share amounts. Balance sheet and fully diluted share count as of 6/30/24 per Mangrove management estimate. Share pricesrounded to nearest $0.05, except for 52-week trading range. NTM metrics reflect NTM as of 8/2/2024.1 Valuation Perspectives

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– Preliminary Working Draft – – Highly Confidential –12Prem. To ValuationBroker Price Target Unaff. SP Methodology+111%DCF: 11.2% WACC, 1%PGR+32% 5.0x 2025E EBITDA+6% 4.5x 2025E EBITDA(21%) 4.2x 2025E EBITDAMedian $4.50 +19%$8.00$5.00$4.00$3.00Research Analyst Price TargetsSource: Wall Street research, Bloomberg and FactSet as of 8/6/2024.(3/14/24)(5/7/24)(5/7/24)(3/13/24)Buy Hold1 Valuation Perspectives

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– Preliminary Working Draft – – Highly Confidential –13Market '24E-'26E '25E EBITDA % of B2C Customers Broadband '25E UFCF (2) NTM EVCompany TEV Cap. Sales CAGR Margin by Technology (1) Penetration % Revenue / EBITDA$236.1 $152.7 +0.8% 31.5% 51% 21.7% 6.2x157.8 57.9 (0.1%) 41.7% 55% 19.0% 7.0x17.1 7.0 +2.4% 39.8% 20% (10.3%) 7.4x17.3 5.2 (2.2%) 32.5% 12% 10.7% 4.3x4.5 2.3 (0.9%) 55.0% 39% 34.6% 5.3x0.9 1.0 +19.7% 29.4% 33% (44.0%) 8.2xMean $72.3 $37.7 +3.3% 38.3% 35.0% 5.3% 6.4xMedian $17.2 $6.1 +0.3% 36.1% 36.0% 14.8% 6.6xMemo: Mangrove UnaffectedConsensus(5) (2.3%) 43.8% 8.4% 4.5xMgmt. Plan(6) (3.5%) 45.0% 6.9% 4.5x$1.2 $0.3 25%Selected Public Trading StatisticsSource: Mangrove Management Plan and FactSet as of 8/6/2024.Note: U.S. dollars in billions. Reflects calendarized financials. EBITDA unburdened by stock-based compensation. Financial estimates reflect mean broker estimates inUSD per FactSet. EBITDA figures reflect EBITDA estimates in USD per FactSet. Assumes market value of debt as of 8/6/24 for Lumen.(1) As of latest filing. (2) Unlevered free cash flow defined as EBITDA less capex. (3) Reflects 2025E YoY growth due to lack of 2026E estimates. (4) ExcludingRLEC. (5) Consensus estimates as of 5/2/24. Assumes DSO and balance sheet figures as of 6/30/24. (6) Based on Mangrove Management Plan received byCenterview on 8/2/2024.100%73%27%100%70%30%94%6%35%65%Cable Fiber Copper100%(3) (4)1 Valuation Perspectives

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– Preliminary Working Draft – – Highly Confidential –140.0x2.0x4.0x6.0x8.0x10.0x12.0x14.0x16.0x18.0x20.0xMay-19 Nov-19 May-20 Nov-20 May-21 Nov-21 May-22 Nov-22 May-23 Nov-23 May-24Multiple Evolution Over TimeEV / NTM EBITDA – Five Years to Unaffected Date6.7x11.8x4.5x6.7xMangroveunaffectedmult. (5/2/24)13.6x9.7x5.1xSource: FactSet as of 8/6/2024.Note: Broadband peer median includes CABO, CHTR, CMCSA, FYBR, LUMN and SHEN. Mangrove unaffected date as of 5/2/24.1 Valuation PerspectivesAvg. EV / NTM EBITDA (to Unaffected) Mangrove Broadband Peers S&P 500L5Y L2Y L1Y YTDMangrove 6.6x 5.6x 4.7x 4.5xBroadband Median 8.9x 7.1x 7.0x 6.8xMult. Prem / (Disc.) (2.4x) (1.5x) (2.4x) (2.4x)% Prem. / (Disc.) (26%) (21%) (34%) (35%)June 2021:Sale of Select Properties from WOW!to Astound and Atlantic BroadbandNovember 2020:Sale of Astound to Stonepeak12.5x11.0x

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– Preliminary Working Draft – – Highly Confidential –15Selected Precedent TransactionsSource: Public filings and materials, FactSet.Note: U.S. dollars in millions.1 Valuation PerspectivesAnn. Date Target Acquiror Ent. ValueEV /LTM EBITDA16-Oct-23 Consolidated Communication Searchlight $3,100 9.6x4-Aug-21 Lumen Apollo 7,500 5.5x13-Mar-20 Cincinnati Bell Macquarie 2,907 7.2x29-May-19 Frontier Searchlight 1,352 5.0x10-Jul-17 Hawaiian Telecom Cincinnati Bell 656 5.9x5-Feb-15 Verizon (Assets) Frontier 10,540 6.2xMean 6.6xMedian 6.1x

![[MISSING IMAGE: pg_exhibit16c3page16-4c.jpg]](pg_exhibit16c3page16-4c.jpg)

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– Preliminary Working Draft – – Highly Confidential –16PGR PGR2.5% 3.0% 3.5% 2.5% 3.0% 3.5%9.0% $6.10 $7.50 $9.15 5.7x 6.2x 6.8x9.5% 4.60 5.80 7.15 5.3x 5.8x 6.3x10.0% 3.30 4.30 5.50 5.0x 5.4x 5.8xWACCFiscal Year Ending December 31, Terminal '24E - '29E2024 2025 2026 2027 2028 2029 Year CAGRRevenue $647 $643 $603 $615 $644 $677 $677 +1%% Growth (1%) (6%) +2% +5% +5%Adj. EBITDA(1) $248 $278 $295 $329 $363 $382 $382 +9%% Growth +12% +6% +12% +10% +5%% Margin 38% 43% 49% 54% 56% 56% 56%(-) D&A (164) (139) (140) (136) (169) (191) (200)Adj. EBIT $85 $138 $155 $193 $194 $191 $182% Growth +64% +12% +24% +1% (1%)% Margin 13% 22% 26% 31% 30% 28% 27%(-) Taxes (21) (35) (39) (48) (49) (48) (46)Tax Rate 25% 25% 25% 25% 25% 25% 25%NOPAT $63 $104 $116 $145 $146 $144 $137(+) D&A 164 139 140 136 169 191 200(-) Capex (236) (245) (255) (239) (241) (225) (200)(-) Δ in NWC (10) (15) (0) (5) 1 (4) –+/- Other (22) (16) (8) (5) (5) (3) (3)Unlevered Free Cash Flow ($41) ($32) ($7) $32 $69 $101 $133% Growth n.m. n.m. n.m. +115% +46%% Conversion (2) (17%) (12%) (2%) 10% 19% 27% 35%Preliminary Discounted Cash Flow AnalysisSource: Mangrove Management Plan and FactSet as of 8/2/2024.Note: U.S. dollars in millions, except per share amounts. Assumes valuation date of 6/30/2024, including 6/30/24 balance sheet and DSO per Mangrove Management. Includescash flows from Q3'24 onwards. Reflects mid-year convention discounting. Share price figures rounded to the nearest 5 cents. (1) Burdened by stock-basedcompensation. (2) UFCF conversion calculated as UFCF / Adj. EBITDA. (3) Includes utilization of net operating losses starting in 2027 per Management. (4) Multiplesbased on terminal year Adj. EBITDA.Implied Share Price(3) Implied Exit Multiple(4)1 Valuation Perspectives

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– Preliminary Working Draft – – Highly Confidential –Today's Discussion1 Valuation Perspectives2 Potential Process & Counterparties3 Appendix

![[MISSING IMAGE: pg_exhibit16c3page18-4c.jpg]](pg_exhibit16c3page18-4c.jpg)

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– Preliminary Working Draft – – Highly Confidential –18Centerview's Work Plan Outline Information gathering Share initial request list Initial management meeting Meet with mgmt. to discussforecast, risks /opportunities, alternativescenarios, etc.Receive LRP / financialmodel Special Committeeapproves forecast for use infinancial analysis Financial analysis Present initial views onalternatives to the SpecialCommittee Determine next steps Understanding keyconstituent positions iscritical for crafting strategy Special Committee to engagewith appropriate partiesbased on guidance of counsel Determine if now is theright time to pursuepotential alternatives Design execution processbased on the above Special Committee hastools available to extractvalue and/or terms, or mayhalt process No specific path is presupposed– full discretionto change coursethroughout notpresupposing anyoutcomePhase I: Analysis andEvaluation of AlternativesPhase II: Preparefor ExecutionPhase III: Delivering aSuperior Outcome2 Potential Process & Counterparties

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– Preliminary Working Draft – – Highly Confidential –19'24E EBITDA '24E NetCategory Company EV ($bn) (2) Multiple Leverage Commentary$6 5.7x 3.4x$1 10.0x n.a.$281 6.3x 2.8x$302 9.5x 2.3x$317 6.5x 3.0xOthers ToConsiderCable / FiberTelcoPotential Interested Parties – Strategic Companies(1)Source: Company filings, Wall Street research and FactSet as of 8/6/2024.Note: Adj. EBITDA unburdened by stock-based compensation expense and amortization of capitalized software development investment.(1) No parties have been contacted.(2) Excludes operating leases.(3) Negative net debt as of 6/30/24. Actively pursuing fixed-line to supportmobile position Wholesale model focused Recently invested in 50% acquisition of Lumosand Metronet Nearly fully overbuilt copper networkwith fiber May expand network to compete with bundle Previous acquiror of WOW assets Continued expansion in both HFC andFTTH network Nearly 50% complete on fiber expansion Recently sold towers to Vertical Bridgefor $310mm(3) Pursuing 30mm homes passed target in-regionand 1.5mm homes out-of-region throughGigapower JV Significant overlap with Mangrove assets2 Potential Process & Counterparties

![[MISSING IMAGE: pg_exhibit16c3page20-4c.jpg]](pg_exhibit16c3page20-4c.jpg)

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– Preliminary Working Draft – – Highly Confidential –20LatestName Fund Size Points of Contact Current B2C Portfolio~$20bn Aaron Sobel (Partner)~$10bn Kevin Genieser (Managing Partner), Guillaume Friedel (Partner)~$7bn Scott Graves (Partner, Co-Head PE)~$20bn Greg Blank (Sr. MD), Jas Khaira (Sr. MD)~$12bn Scott Peak (Co-Pres. & Head of North America), Roberto Marcogliese (Managing Partner)~$24bn Jan Vesely (Partner), Nirav Shah (Partner)~$4bn Mark Prybutok (MD & Co-Head Data Infrastructure)~$4bn David Grain (Founder & CEO), Chad Crank (MD)~$12bn Stephen Jeschke (MD), Cameron Rouzer (Principal)~$4bn Rory Hunter (Partner)~$15bn Andrew Crouch (MD)~$9bn Anton Moldan (Sr. MD), Lincoln Heilner (Sr. VP)~$6bn John Ghiradelli (ED)~$4bn Scott Baker (Managing Partner), Adam Hahn (Partner)~$25bn Peter Gray (MD)~$2bn Omar Jaffrey (Founder & Managing Partner)~$2bn Qazi Fazal (Partner), Clinton Karcher (Partner)~$4bn Dwight Kost (MD), Min Kim (VP)~$0.4bn Brian McMullen (Co-Founder & Managing Partner)~$1bn Sanjiv Ahuja (Founder & CEO), Sachit Ahuja (President)~$16bn John Flynn (Partner), Kris Wong (Principal)~$5bn Marc Keller (MD), Bader AlFares (Director)Potential Interested Parties – Financial Sponsors(1)Source: Company filings, press releases and Pitchbook.Note: Sorted by flagship fund size from largest to smallest.(1) No parties have been contacted.(2) Total AUM.(3) Aggregate of flagship and healthcare funds.(2)(3)2 Potential Process & Counterparties

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– Preliminary Working Draft – – Highly Confidential –21Illustrative Process Timeline Centerview will work with Mangrove to prepare first round marketing materials(management presentation, financial model, virtual data room) Discuss potential buyers (both strategics and financial sponsors) to contact– Consider which, if any, that would be engaged before responding to Crestview & DBRG Continue curating data and documents to be required by potential buyers in round 2 ofprocess (e.g. functional modules, virtual data room, definitive agreements etc.) Determine appropriate launch date in the context of completion of key preparatory itemsand dynamics with Crestview & DBRGPreparationFinal Round Initiate formal outreach to buyers, sign NDAs and distribute mgt. pres. and forecasts Rehearse Fireside Chats (dry run(s) including mock Q&A) Conduct Fireside Chats (1-hour meetings with management) with selected group ofbuyers Review and respond to questions that arise from initial meetings and material review Upon receipt of IOIs, select focused group of parties to advance to final round of the process Provide data room access Hold comprehensive management presentations and conduct deep-dive functional diligence Facilitate final round due diligence Negotiate transaction agreements with buyers Sign and announce transaction1st RoundTimingAs quickly aspracticableT=0T + 4 to 6weeksIncremental+ 4 to 6weeks2 Potential Process & Counterparties

![[MISSING IMAGE: pg_exhibit16c3page22-4c.jpg]](pg_exhibit16c3page22-4c.jpg)

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– Preliminary Working Draft – – Highly Confidential –Today's Discussion1 Valuation Perspectives2 Potential Process & Counterparties3 Appendix

![[MISSING IMAGE: pg_exhibit16c3page23-4c.jpg]](pg_exhibit16c3page23-4c.jpg)

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– Preliminary Working Draft – – Highly Confidential –23Peer Unlevered Beta WACC CalculationMarket Debt / Beta(1)Company Debt Cap. Equity Levered Unlevered Cost of EquityComcast $98,128 $152,664 64% 0.891 0.626 20Y U.S. Treasury Yield 4.3%Charter 96,692 57,878 167% 1.389 0.559 Unlevered Beta 0.569Frontier 11,249 7,026 160% 1.414 0.580 Target Debt / Equity 157%Lumen 13,562 5,224 260% 0.907 0.318 Levered Beta 1.238Cable One 3,540 2,311 153% 1.297 0.558 LT U.S. Historical Risk Premium(3) 7.2%Shenandoah 299 1,033 29% 0.988 0.815 Size Premium(4) 2.0%Peer Median 157% 1.143 0.569 Cost of Equity 15.1%Mangrove - Cons. (Unaff.) 935 326 286% 1.475 0.418Memo: Mangrove Two-Year Average Debt / Equity Ratio 164% 1.475 0.590 Cost of DebtPre-Tax Cost of Debt(6) 7.5%WACC Sensitivity Tax Rate 25.0%Debt / Unlevered Beta After-Tax Cost of Debt 5.6%Equity 0.55 0.58 0.60 0.63 0.65 Memo: Debt / Capital 61%150% 9.2% 9.4% 9.5% 9.7% 9.8% WACC(7) 9.3%175% 9.3% 9.4% 9.6% 9.7% 9.9%200% 9.4% 9.5% 9.7% 9.8% 10.0%Preliminary Mangrove WACC Analysis(5)(2)Source: Mangrove management, public filings, Bloomberg and FactSet as of 8/6/2024.Note: U.S. dollars in millions. Mangrove balance sheet and share count figures as of Q1'24 filing on 3/31/24; Mangrove beta as of unaffected date 5/2/24. (1) Representstwo-year adjusted weekly average beta. Unlevered betas assume 25.0% tax rate for each company. (2) Based on market value of debt as of 7/31/2024. (3) Duff &Phelps, 2023. (4) Size premium reflects companies with market capitalization between $0.2bn and $0.6bn. (5) Reflects two-year average Debt / Equity. (6) ReflectsBofA B corporate index effective yield. (7) WACC equals ((debt / capitalization \* (cost of debt \* (1 – tax rate))) + (equity / capitalization \* levered cost of equity)).(5)3 Appendix

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– Preliminary Working Draft – – Highly Confidential –24Fiscal Year Ending December 31, 2024 2025 2026 2027 2028 2029Mangrove NOL Usage – – – $103 $95 –(x) Mangrove Tax Rate (1) 21% 21% 21% 21% 21% 21%Mangrove Cash Tax Benefit – – – $22 $20 –Beginning NOL Balance $198 $198 $198 $198 $95 –(-) Mangrove NOL Usage(2) – – – (103) (95) –Ending NOL Balance $198 $198 $198 $95 – –Mangrove NOL AnalysisSource: Mangrove management.Note: U.S. dollars in millions, except per share amounts. Mangrove balance sheet and share count as of 6/30/24 per Management. Assumes mid-year discounting.(1) Assumes U.S. federal tax rate of 21%.(2) NOLs applied to offset federal tax expense.Cash Flow Benefit of NOLsNOL CashFlowBenefit toMangrovePresentValue ofNOL CashFlowBenefit toMangroveImplied Value /Discount Rate PV of NOL Share9.0% $30.8 $0.369.5% 30.3 0.3510.0% 29.8 0.353 Appendix

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## Ex-16.(C)(Iv)

#### Exhibit 16(c)(iv)
![[MISSING IMAGE: pg_exhibit16c4page1-4c.jpg]](pg_exhibit16c4page1-4c.jpg)

– Preliminary Working Draft – – Highly Confidential – August 2024 Project Mangrove Confidential Follow Up Materials Prepared for the Special Committee of the Board of Directors For Reference Purposes Only

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![[MISSING IMAGE: pg_exhibit16c4page2-4c.jpg]](pg_exhibit16c4page2-4c.jpg)

– Preliminary Working Draft – – Highly Confidential – 1 Disclaimer This presentation has been prepared by Centerview Partners LLC ("Centerview") for use solely by the Special Committee of the Board of Directors of Mangrove in connection with its evaluation of a proposed sale of Mangrove and for no other purpose. The information contained herein is based upon information supplied by or on behalf of Mangrove and publicly available information, and portions of the information contained herein may be based upon statements, estimates and forecasts provided by Mangrove. Centerview has relied upon the accuracy and completeness of the foregoing information, and has not assumed any responsibility for any independent verification of such information or for any independent evaluation or appraisal of any of the assets or liabilities (contingent or otherwise) of Mangrove or any other entity, or concerning the solvency or fair value of Mangrove or any other entity. With respect to financial forecasts, Centerview has assumed that such forecasts have been reasonably prepared on bases reflecting the best currently available estimates and judgments of the management of Mangrove as to the future financial performance of Mangrove, and at your direction Centerview has relied upon such forecasts, as provided by Mangrove's management, with respect to Mangrove. Centerview assumes no

responsibility for and expresses no view as to such forecasts or the assumptions on which they are based. The information set forth herein is based upon economic, monetary, market and other conditions as in effect on, and the information made available to us as of, the date hereof, unless indicated otherwise and Centerview assumes no obligation to update or otherwise revise these materials. The financial analysis in this presentation is complex and is not necessarily susceptible to a partial analysis or summary description. In performing this financial analysis, Centerview has considered the results of its analysis as a whole and did not necessarily attribute a particular weight to any particular portion of the analysis considered. Furthermore, selecting any portion of Centerview's analysis, without considering the analysis as a whole, would create an incomplete view of the process underlying its financial analysis. Centerview may have deemed various assumptions more or less probable than other assumptions, so the reference ranges resulting from any particular portion of the analysis described above should not be taken to be Centerview's view of the actual value of Mangrove. These materials and the information contained herein are confidential, were not prepared with a view toward public disclosure, and may not be disclosed publicly or made available to third parties without the prior written consent of Centerview. These materials and any other advice, written or oral, rendered by Centerview are intended solely for the benefit and use of the Special Committee of the Board of Directors of Mangrove (in its capacity as such) in its consideration of the proposed transaction, and are not for the benefit of, and do not convey any rights or remedies for any holder of securities of Mangrove or any other person. Centerview will not be responsible for and has not provided any tax, accounting, actuarial, legal or other specialist advice. These materials are not intended to provide the sole basis for evaluating the proposed transaction, and this presentation does not represent a fairness opinion, recommendation, valuation or opinion of any kind, and is necessarily incomplete and should be viewed solely in conjunction with the oral presentation provided by Centerview.

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![[MISSING IMAGE: pg_exhibit16c4page3-4c.jpg]](pg_exhibit16c4page3-4c.jpg)

– Preliminary Working Draft – – Highly Confidential – 2 Analysis at Various Prices Source: Mangrove Management Plan, public filings and FactSet as of 8/6/2024. Note: U.S. dollars in millions, except per share amounts. (1) Current as of the unaffected date of 5/2/2024. (2) Total Enterprise Value less 4.9x 2024E Legacy EBITDA of $276mm. Unaff. Share Price Metric $3.79 $4.00 $5.00 $6.00 $7.00 $8.00 $9.00 $10.00 Implied Premium / Discount Unaffected Share Price $3.79 0% +6% +32% +58% +85% +111% +137% +164% Current Share Price $5.08 (25%) (21%) (2%) +18% +38% +57% +77% +97% 30-Day VWAP(1) $3.59 +6% +12% +39% +67% +95% +123% +151% +179% 60-Day VWAP(1) $3.52 +8% +14% +42% +70% +99% +127% +156% +184% 52-Week High(1) $11.32 (67%) (65%) (56%) (47%) (38%) (29%) (20%) (12%) Diluted Shares Outstanding 86.4 86.4 86.4 86.4 86.4 86.4 86.4 86.4 Equity Value $327 $345 $432 $518 $605 $691 $777 $864 (+) Net Debt 954 954 954 954 954 954 954 954 Total Enterprise Value $1,282 $1,300 $1,386 $1,472 $1,559 $1,645 $1,731 $1,818 WholeCo Implied Valuation EV / 2024E EBITDA $260 4.9x 5.0x 5.3x 5.7x 6.0x 6.3x 6.7x 7.0x EV / 2025E EBITDA $289 4.4x 4.5x 4.8x 5.1x 5.4x 5.7x 6.0x 6.3x EV / 2024E Homes Passed 1.85 $693 $702 $749 $796 $843 $889 $936 $983 EV / 2024E Subscribers 0.46 $2,778 $2,817 $3,004 $3,191 $3,378 $3,566 $3,753 $3,940 Greenfield Implied Valuation Greenfield Enterprise Value(2) ($81) ($63) $23 $109 $196 $282 $368 $455 EV / 2024E Homes Passed 0.07 ($1,180) ($917) $334 $1,586 $2,837 $4,089 $5,340 $6,592 EV / 2025E Homes Passed 0.11 ($714) ($555) $202 $960 $1,717 $2,475 $3,232 $3,990 EV / 2024E Subscribers 0.01 ($5,734) ($4,457) $1,623 $7,704 $13,784 $19,865 $25,945 $32,025 EV / 2025E Subscribers 0.03 ($2,934) ($2,281) $831 $3,942 $7,053 $10,165 $13,276 $16,388 For Reference Purposes Only

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![[MISSING IMAGE: pg_exhibit16c4page4-4c.jpg]](pg_exhibit16c4page4-4c.jpg)

– Preliminary Working Draft – – Highly Confidential – 3 Analysis at Various Prices – Greenfield Sensitivity (Continued) Legacy 2024E EBITDA $276 Legacy Multiple 4.9x Legacy EV $1,363 EV / 2024E Homes Passed 3,000 Greenfield Homes Passed 0.07 Greenfield EV $207 Total EV $1,570 (-) Net Debt (954) Equity Value $616 (/) DSO 86.4 Share Price $7.13 Representative Share Price Build Implied Share Price Legacy Multiple $7.13 4.5x 5.0x 5.5x 6.1x $2,000 $4.95 $6.55 $8.15 $10.18 $2,500 5.35 6.95 8.55 10.58 $3,000 5.75 7.35 8.95 10.98 $3,500 6.15 7.75 9.35 11.38 $4,000 6.55 8.15 9.75 11.78 EV / 2024E Homes Passed Source: Mangrove Management Plan, public filings and FactSet as of 8/6/2024. Note: U.S. dollars in millions, except per share amounts. For Reference Purposes Only

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![[MISSING IMAGE: pg_exhibit16c4page5-4c.jpg]](pg_exhibit16c4page5-4c.jpg)

– Preliminary Working Draft – – Highly Confidential – 4 EV / Market '24E-'26E '25E EBITDA % B2C Customers Broadband '25E UFCF (2) NTM Homes Total Company TEV Cap. Sales CAGR Margin by Technology (1) Penetration % Revenue EBITDA Passed Subscribers $236.1 $152.7 +0.8% 31.5% 51% 21.7% 6.2x n.a. n.a. 157.8 57.9 (0.1%) 41.7% 55% 19.0% 7.0x 2,731 4,957 17.1 7.0 +2.4% 39.8% 20% (10.3%) 7.4x 1,848 6,085 17.3 5.2 (2.2%) 32.5% 12% 10.7% 4.3x 4,434 17,431 4.5 2.3 (0.9%) 55.0% 39% 34.6% 5.3x 1,610 4,554 0.9 1.0 +19.7% 29.4% 33% (44.0%) 8.2x 1,752 5,643 Mean $72.3 $37.7 +3.3% 38.3% 35.0% 5.3% 6.4x $2,475 $7,734 Median $17.2 $6.1 +0.3% 36.1% 36.0% 14.8% 6.6x $1,848 $5,643 Memo: Mangrove Unaffected Consensus(7) (2.3%) 43.8% 8.4% 4.5x Mgmt. Plan(8) (3.5%) 45.0% 6.9% 4.5x $1.2 $0.3 25% $632 $2,499 Selected Public Trading Statistics Source: Mangrove Management Plan and FactSet as of 8/6/2024. Note: U.S. dollars in billions. Reflects calendarized financials. EBITDA unburdened by stock-based compensation. Financial estimates reflect mean broker estimates in USD per FactSet. EBITDA figures reflect EBITDA estimates in USD per FactSet. Assumes market value of debt as of 8/6/24 for Lumen. (1) As of latest filing. (2) Unlevered free cash flow defined as EBITDA less capex. (3) Includes only Fiber enterprise value. Fiber LTM EBITDA disclosed as 65% of total EBITDA, which is used to calculate Copper EBITDA. Copper business valued at 5.0x LTM Copper EBITDA. (4) Represents Fiber metrics. (5) Reflects 2025E YoY growth due to lack of 2026E estimates. (6) Excluding RLEC. (7) Consensus estimates as of 5/2/24. Assumes DSO and balance sheet figures as of 6/30/24. (8) Based on Mangrove Management Plan received by Centerview on 8/2/2024. 100% 73% 27% 100% 70% 30% 94% 6% 35% 65% Cable Fiber Copper 100% (5) (6) (4) (4) (3) (3) For Reference Purposes Only

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![[MISSING IMAGE: pg_exhibit16c4page6-4c.jpg]](pg_exhibit16c4page6-4c.jpg)

– Preliminary Working Draft – – Highly Confidential – 5 0.0x 2.0x 4.0x 6.0x 8.0x 10.0x 12.0x 14.0x 16.0x 18.0x 20.0x May-19 Nov-19 May-20 Nov-20 May-21 Nov-21 May-22 Nov-22 May-23 Nov-23 May-24 Multiple Evolution Over Time EV / NTM EBITDA – Five Years to Unaffected Date 6.7x 11.8x 4.5x 6.7x Mangrove unaffected mult. (5/2/24) 13.6x 9.7x 5.1x Source: FactSet as of 8/6/2024. Note: Broadband peer median includes CABO, CHTR, CMCSA, FYBR, LUMN and SHEN. Mangrove unaffected date as of 5/2/24. Avg. EV / NTM EBITDA (to Unaffected) L5Y L2Y L1Y YTD Mangrove 6.6x 5.6x 4.7x 4.5x Broadband Median 8.9x 7.1x 7.0x 6.8x Mult. Prem / (Disc.) (2.4x) (1.5x) (2.4x) (2.4x) % Prem. / (Disc.) (26%) (21%) (34%) (35%) June 2021: Sale of Select Properties from WOW! to Astound and Atlantic Broadband November 2020: Sale of Astound to Stonepeak 12.5x 11.0x 2.74% 4.28% Mangrove Broadband Peers S&P 500 20-Year Treasury R 2 vs. 20-Year Treasury R 2 Mangrove 37.4% Broadband 83.5% For Reference Purposes Only

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![[MISSING IMAGE: pg_exhibit16c4page7-4c.jpg]](pg_exhibit16c4page7-4c.jpg)

– Preliminary Working Draft – – Highly Confidential – 6 $3.04 $2.59 $3.31 $4.69 $8.51 $8.40 $9.76 $11.77 2024E 2025E 2026E 2027E Illustrative Future Share Price Analysis Future Value of Implied Share Price @ 4.5x – 6.1x NTM EBITDA Source: Mangrove Management Plan and FactSet as of 8/6/2024. Note: U.S. dollars in millions, except per share amounts. Assumes valuation date of 6/30/24. Implied Present Value of Future Share Price @ 15.1% Cost of Equity Present Value of Share Price of 4.5x Present Value of Share Price at 6.1x $2.25 $2.50 $3.07 $7.29 $7.36 $7.71 Memo: NTM EBITDA $307 $341 $374 $2.93 $8.22 $289 For Reference Purposes Only

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## Ex-16.(C)(V)

#### Exhibit 16(c)(v)
![[MISSING IMAGE: pg_exhibit16c5page1-4c.jpg]](pg_exhibit16c5page1-4c.jpg)

– Preliminary Working Draft – – Highly Confidential – October 2024 Project Mangrove Confidential Discussion Materials Prepared for the Special Committee of the Board of Directors

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![[MISSING IMAGE: pg_exhibit16c5page2-4c.jpg]](pg_exhibit16c5page2-4c.jpg)

– Preliminary Working Draft – – Highly Confidential – 1 Disclaimer This presentation has been prepared by Centerview Partners LLC ("Centerview") for use solely by the Special Committee of the Board of Directors of Mangrove in connection with its evaluation of a proposed sale of Mangrove and for no other purpose. The information contained herein is based upon information supplied by or on behalf of Mangrove and publicly available information, and portions of the information contained herein may be based upon statements, estimates and forecasts provided by Mangrove. Centerview has relied upon the accuracy and completeness of the foregoing information, and has not assumed any responsibility for any independent verification of such information or for any independent evaluation or appraisal of any of the assets or liabilities (contingent or otherwise) of Mangrove or any other entity, or concerning the solvency or fair value of Mangrove or any other entity. With respect to financial forecasts, Centerview has assumed that such forecasts have been reasonably prepared on bases reflecting the best currently available estimates and judgments of the management of Mangrove as to the future financial performance of Mangrove, and at your direction Centerview has relied upon such forecasts, as provided by Mangrove's management, with respect to Mangrove. Centerview assumes no

responsibility for and expresses no view as to such forecasts or the assumptions on which they are based. The information set forth herein is based upon economic, monetary, market and other conditions as in effect on, and the information made available to us as of, the date hereof, unless indicated otherwise and Centerview assumes no obligation to update or otherwise revise these materials. The financial analysis in this presentation is complex and is not necessarily susceptible to a partial analysis or summary description. In performing this financial analysis, Centerview has considered the results of its analysis as a whole and did not necessarily attribute a particular weight to any particular portion of the analysis considered. Furthermore, selecting any portion of Centerview's analysis, without considering the analysis as a whole, would create an incomplete view of the process underlying its financial analysis. Centerview may have deemed various assumptions more or less probable than other assumptions, so the reference ranges resulting from any particular portion of the analysis described above should not be taken to be Centerview's view of the actual value of Mangrove. These materials and the information contained herein are confidential, were not prepared with a view toward public disclosure, and may not be disclosed publicly or made available to third parties without the prior written consent of Centerview. These materials and any other advice, written or oral, rendered by Centerview are intended solely for the benefit and use of the Special Committee of the Board of Directors of Mangrove (in its capacity as such) in its consideration of the proposed transaction, and are not for the benefit of, and do not convey any rights or remedies for any holder of securities of Mangrove or any other person. Centerview will not be responsible for and has not provided any tax, accounting, actuarial, legal or other specialist advice. These materials are not intended to provide the sole basis for evaluating the proposed transaction, and this presentation does not represent a fairness opinion, recommendation, valuation or opinion of any kind, and is necessarily incomplete and should be viewed solely in conjunction with the oral presentation provided by Centerview.

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![[MISSING IMAGE: pg_exhibit16c5page3-4c.jpg]](pg_exhibit16c5page3-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –Today's Discussion1 Valuation Perspectives2 Appendix

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![[MISSING IMAGE: pg_exhibit16c5page4-4c.jpg]](pg_exhibit16c5page4-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –3Overview of Crestview's October 11th Revised Verbal Proposal $5.50 - $6.25 per share in cash for all outstanding shares ofMangrove common stock not currently owned by Crestview– Represents a 10% - 26% premium to the current price of $4.98and a 45% - 65% premium to the price prior to the initial publicproposal of $3.79 No additional Conditions or Key Terms have been providedas part of the revised verbal proposalHeadlineOffer Non-waivable condition requires:– Approval and recommendation to board by Special Committee,as advised by independent legal and financial advisors– Approval of Mangrove Board of Directors Assumes the current debt financing at WOW remains in place aftertransaction close Equity financing will be funded by the rollover of Crestview's existing38.0% ownership and new equity to be provided by DigitalBridge Completion of customary due diligenceFor Reference:Other KeyTerms fromInitialProposalFor Reference:CertainConditionsof Proposalfrom InitialProposalProposal Overview Implied Offer Range MetricsSource: Crestview's non-binding revised proposal received on 10/11/24, MangroveManagement Plan and FactSet as of 10/16/24.Note: U.S. dollars in millions, except per share amounts. EBITDA figures reflectEBITDA estimates in USD per FactSet.(1) Assumes DSO per Mangrove management as of 9/30/24.(2) Reflects balance sheet as of 9/30/24. Includes debt issuance closed in Oct-24.(3) Reflects NTM Adj. EBITDA as of 10/16/24.(4) Represents the price prior to the initial public proposal on 5/2/24.(5) Original proposal defines the pricing date as of 5/1/24 in 13D filing.1 Valuation PerspectivesShare Price $5.50 $6.25x DSO(1) 87.5 87.5Implied Equity Value $481 $547(+) Debt(2) 1,173 1,173(-) Cash(2) (206) (206)Implied Enterprise Value $1,448 $1,514Mangrove Management PlanEV / Adj. EBITDA2024E $260 5.6x 5.8xNTM(3) 283 5.1x 5.3xMangrove Consensus (4)EV / Adj. EBITDA2024E $273 5.3x 5.5xNTM(3) 273 5.3x 5.5xOffer Price % Prem. / (Disc.) to(4) :Initial Proposal Price $3.79 +45% +65%L52-Week High 11.32 (51%) (45%)L52-Week Low 2.87 +92% +118%30-Day VWAP 3.59 +53% +74%60-Day VWAP 3.52 +56% +78%90-Day VWAP 3.57 +54% +75%Memo: 13D Definition(5)Initial Proposal Price (5) $3.63 +52% +72%60-Day VWAP (5) 3.50 +57% +78%

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– Preliminary Working Draft – – Highly Confidential –4$0$5$10$15$20$25May-19 Nov-19 May-20 Nov-20 May-21 Nov-21 May-22 Nov-22 May-23 Nov-23 May-24Share Price Performance Over TimeMangrove 52-Week High(5/3/23): $11.32Source: FactSet as of 10/16/24.Note: Prices indexed to Mangrove as of 5/2/19. Broadband peer median includes CABO, CHTR, CMCSA, FYBR, LUMN and SHEN. Initial public proposal date as of 5/2/24.$7.99$3.79(53%)(28%)+100%Current(Memo):Mangrove onDate of InitialPublic ProposalIndexed Share Price Performance – Five Years Prior to Date of Initial Public Proposal$5.01(37%)Mangrove 52-Week Low(11/11/23): $2.87Mangrove Broadband Peers S&P 500March 2022:First Fed rate hike post-pandemicMay 2022:Reported Q1'22 Results, DoubledGreenfield Expansion PlansNovember 2023:Reported Q3'23 Results1 Valuation PerspectivesOct-24

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– Preliminary Working Draft – – Highly Confidential –5Historicals Projections2022 2023 2024 2025 2026 2027 2028 2029Revenue $705 $687 $647 $643 $603 $615 $644 $677% Growth (3%) (6%) (1%) (6%) +2% +5% +5%% Fiber 1% 4% 7% 11% 15% 19%Adj. EBITDA(1) $254 $259 $248 $278 $295 $329 $363 $382% Growth +2% (4%) +12% +6% +12% +10% +5%% Margin 36% 38% 38% 43% 49% 54% 56% 56%(-) D&A (164) (139) (140) (136) (169) (191)Adj. EBIT $85 $138 $155 $193 $194 $191% Growth +64% +12% +24% +1% (1%)% Margin 13% 22% 26% 31% 30% 28%(-) Taxes (21) (35) (39) (48) (49) (48)Tax Rate 25% 25% 25% 25% 25% 25%NOPAT $63 $104 $116 $145 $146 $144(+) D&A 164 139 140 136 169 191(-) Capex (236) (245) (255) (239) (241) (225)(-) Δ in NWC (10) (15) (0) (5) 1 (4)(-) Other(2) (22) (16) (8) (5) (5) (3)Unlevered Free Cash Flow ($41) ($32) ($7) $32 $69 $101% Growth n.m. n.m. n.m. +115% +46%% Conversion (17%) (12%) (2%) 10% 19% 27%5 Year Management Plan SummarySource: Mangrove management.Note: U.S. dollars in millions. Reflects management forecast received by Centerview on 8/2/2024.(1) Burdened by Stock-Based Compensation.(2) Includes Non-EBITDA Severance, Non-Recurring & Integration Expenses, and Other Expenses.1 Valuation Perspectives

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– Preliminary Working Draft – – Highly Confidential –6$647 $632 $634 $634$260 $272 $276 $277 $289 $269 $276 $276 $307 $283 $2848/2/24 Management Plan vs. Consensus: Selected P&L ItemsSource: Mangrove Management Plan provided on 8/2/24, Wall Street research and FactSet as of 10/16/24.Note: U.S. dollars in millions. Adj. EBITDA unburdened by stock-based compensation.RevenueAdj.EBITDAUFCF(EBITDAlessCapex)# of Est. = 3# of Est. = 2# of Est. = 3 # of Est. = 2# of Est. = 3 # of Est. = 3$643 $583 $589 $593 $603 $576 $604$45($34)$14$96$52–$24($19)$21$922024E 2025E 2026E# of Est. = 3# of Est. = 3# of Est. = 1Mgmt. Mgmt. Mgmt.Mgmt. Mgmt. Mgmt.Mgmt. Mgmt. Mgmt.n.m.1 Valuation Perspectives

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– Preliminary Working Draft – – Highly Confidential –78/2/24 Management Plan vs. Consensus: MarginsAdj.EBITDAMarginUFCF as% ofRevenue40.2% 42.9% 43.5% 43.8%# of Est. = 345.0% 45.5% 46.8% 47.4% 50.8% 47.9% 49.2%3.7%(2.9%)3.3%14.5%6.9%(5.8%)2.4%16.4%8.6%–Source: Mangrove Management Plan provided on 8/2/24, Wall Street research and FactSet as of 10/16/24.Note: U.S. dollars in millions. Adj. EBITDA unburdened by stock-based compensation.2024E 2025E 2026E# of Est. = 3 # of Est. = 2# of Est. = 3 # of Est. = 3 # of Est. = 1Mgmt. Mgmt. Mgmt.Mgmt. Mgmt. Mgmt.n.m.1 Valuation Perspectives

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– Preliminary Working Draft – – Highly Confidential –8Preliminary Overview of Valuation MethodologiesDescription Range of closing share prices for Mangrove stock over the 52 weeks ending 5/2/24 (initial public proposal date) Price targets for Mangrove per recent Wall Street analyst research reports as of latest available date EBITDA unburdened by stock-based compensation expense Multiples applied to Mangrove Management Plan NTM EBITDA EBITDA unburdened by stock-based compensation expense Multiples applied to Mangrove Management Plan LTM EBITDA Mangrove Management Plan Weighted Average Cost of Capital of 9.0% – 9.8% Perpetuity growth rate of 2.5% – 3.5% Assumes utilization of NOLs starting in 2027EEV / LTMAdj. EBITDAEV / NTMAdj. EBITDAAnalystPrice TargetsTradingMultiplesPrecedentTransactionsDiscounted CashFlow AnalysisIncluding Value of Tax AssetsForReference52-WeekTrading RangeMethodologySource: Mangrove management, public filings, FactSet, and Bloomberg.Note: U.S. dollars in millions, except per share amounts. Balance sheet and fully diluted share count as of 9/30/24 per Mangrove management estimate. Share pricesrounded to nearest $0.05, except for 52-week trading range. NTM metrics reflect NTM as of 10/16/24.1 Valuation Perspectives

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![[MISSING IMAGE: pg_exhibit16c5page10-4c.jpg]](pg_exhibit16c5page10-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –9$2.87$3.00$3.50$5.50$4.20$11.32$7.50$8.10$10.00$9.45Preliminary Mangrove Valuation AnalysisMethodology Relevant Metrics Implied Share Price Range5.5x – 7.0x LTM Adj.EBITDA of $266mm4.5x – 5.9x NTM Adj.EBITDA of $277mmLow (11/11/23) /High (5/3/23)(Initial Public Proposal Date)WACC: 9.0% – 9.8%PGR: 2.5% – 3.5%Low / High(Latest Available Reports)Revised Proposal10/11/24:$5.50 - $6.25EV / LTMAdj. EBITDAAnalystPrice TargetsTradingMultiplesPrecedentTransactionsDiscounted CashFlow AnalysisIncluding Value of Tax AssetsForReference52-WeekTrading RangeEV / NTMAdj. EBITDASource: Mangrove management, public filings, FactSet, and Bloomberg.Note: U.S. dollars in millions, except per share amounts. Balance sheet and fully diluted share count as of 9/30/24 per Mangrove management estimate. Share pricesrounded to nearest $0.05, except for 52-week trading range. NTM metrics reflect NTM as of 10/16/24.1 Valuation PerspectivesInitial Proposal5/2/24: $4.80

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– Preliminary Working Draft – – Highly Confidential –10Prem. To ValuationBroker Price Target Unaff. SP Methodology+98% DCF: 11.2% WACC, 0% PGR+32% 5.0x 2025E EBITDA+6% 4.5x 2025E EBITDA(21%) 4.2x 2025E EBITDAMedian $4.50 +19%$7.50$5.00$4.00$3.00Research Analyst Price TargetsSource: Wall Street research, Bloomberg and FactSet as of 10/16/24.(3/14/24)(5/7/24)(8/26/24)(3/13/24)Buy Hold1 Valuation Perspectives

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![[MISSING IMAGE: pg_exhibit16c5page12-4c.jpg]](pg_exhibit16c5page12-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –11EV /Market '24E-'26E '25E EBITDA % B2C Customers Broadband '25E UFCF (2) NTM Homes TotalCompany TEV Cap. Sales CAGR Margin by Technology (1) Penetration % Revenue EBITDA Passed Subscribers$249.5 $166.0 +0.8% 31.3% 51% 21.6% 6.5x n.a. n.a.153.5 53.6 (0.4%) 41.8% 55% 19.2% 6.8x 2,657 4,82117.2 7.1 +2.6% 39.9% 20% (10.2%) 7.4x 1,861 6,12721.3 6.5 (3.2%) 29.0% 12% 1.6% 5.8x 5,470 21, 5044.2 2.0 +0.2% 54.2% 39% 33.8% 5.0x 1,511 4, 2751.0 0.8 +20.7% 30.4% 33% (46.2%) 8.7x 1,930 6,217Mean $74.5 $39.3 +3.4% 37.8% 35.0% 3.3% 6.7x $2,686 $8,589Median $19.3 $6.8 +0.5% 35.6% 36.0% 10.4% 6.7x $1,930 $6,127Memo: Mangrove On Date of Initial Public ProposalConsensus(7) (2.3%) 43.8% 8.4% 4.5xMgmt. Plan(8) (3.5%) 45.0% 6.9% 4.4x$1.2 $0.3 25% $632 $2,49935%65%73%27%94%6%100%100%100%70%30%Selected Public Trading StatisticsCable Fiber Copper(5) (6)1 Valuation Perspectives(4) (4)(3) (3)Source: Mangrove Management Plan and FactSet as of 10/16/24.Note: U.S. dollars in billions. Reflects calendarized financials. EBITDA unburdened by stock-based compensation. Financial estimates reflect mean broker estimates inUSD per FactSet. EBITDA figures reflect EBITDA estimates in USD per FactSet. Assumes market value of debt as of 10/16/24 for Lumen.(1) As of latest filing. (2) Unlevered free cash flow defined as EBITDA less capex. (3) Includes only Fiber enterprise value. Fiber LTM EBITDA disclosed as 65% oftotal EBITDA, which is used to calculate Copper EBITDA. Copper business valued at 5.0x LTM Copper EBITDA. (4) Represents Fiber metrics. (5) Reflects 2025EYoY growth due to lack of 2026E estimates. (6) Excluding RLEC. (7) Consensus estimates as of 5/2/24. Assumes DSO and balance sheet figures as of 3/31/24. (8)Based on Mangrove Management Plan received by Centerview on 8/2/24.

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– Preliminary Working Draft – – Highly Confidential –120.0x2.0x4.0x6.0x8.0x10.0x12.0x14.0x16.0x18.0x20.0xMay-19 Nov-19 May-20 Nov-20 May-21 Nov-21 May-22 Nov-22 May-23 Nov-23 May-24Multiple Evolution Over TimeEV / NTM EBITDA – Five Years to Date of Initial Public Proposal6.7x11.8x4.5x6.5xMangrove Mult.on Date of InitialPublic Proposal(5/2/24)14.9x9.7x5.1xSource: FactSet as of 10/16/24.Note: Broadband peer median includes CABO, CHTR, CMCSA, FYBR, LUMN and SHEN. Initial public proposal date as of 5/2/24.1 Valuation PerspectivesAvg. EV / NTM EBITDA (to Date of Initial Public Proposal) Mangrove Broadband Peers S&P 500L5Y L2Y L1Y YTDMangrove 6.6x 5.6x 4.7x 4.5xBroadband Median 9.0x 7.1x 7.0x 6.8xMult. Prem / (Disc.) (2.4x) (1.5x) (2.4x) (2.4x)% Prem. / (Disc.) (27%) (21%) (34%) (35%)June 2021:Sale of Select Properties from WOW!to Astound and Atlantic BroadbandNovember 2020:Sale of Astound to Stonepeak12.5x11.0xOct-24

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– Preliminary Working Draft – – Highly Confidential –13Selected Precedent TransactionsSource: Public filings and materials, FactSet.Note: U.S. dollars in millions.1 Valuation PerspectivesAnn. Date Target Acquiror Ent. ValueEV /LTM EBITDA16-Oct-23 Consolidated Communication Searchlight $3,100 9.6x4-Aug-21 Lumen Apollo 7,500 5.5x13-Mar-20 Cincinnati Bell Macquarie 2,907 7.2x29-May-19 Frontier Searchlight 1,352 5.0x10-Jul-17 Hawaiian Telecom Cincinnati Bell 656 5.9x5-Feb-15 Verizon (Assets) Frontier 10,540 6.2xMean 6.6xMedian 6.1x

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![[MISSING IMAGE: pg_exhibit16c5page15-4c.jpg]](pg_exhibit16c5page15-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –14PGR PGR2.5% 3.0% 3.5% 2.5% 3.0% 3.5%9.0% $6.35 $7.80 $9.45 5.7x 6.2x 6.8x9.4% 5.25 6.50 7.95 5.4x 5.9x 6.4x9.8% 4.20 5.30 6.60 5.2x 5.6x 6.0xWACCFiscal Year Ending December 31, Terminal '24E - '29E2024 2025 2026 2027 2028 2029 Year CAGRRevenue $647 $643 $603 $615 $644 $677 $677 +1%% Growth (1%) (6%) +2% +5% +5%Adj. EBITDA(1) $248 $278 $295 $329 $363 $382 $382 +9%% Growth +12% +6% +12% +10% +5%% Margin 38% 43% 49% 54% 56% 56% 56%(-) D&A (164) (139) (140) (136) (169) (191) (200)Adj. EBIT $85 $138 $155 $193 $194 $191 $182% Growth +64% +12% +24% +1% (1%)% Margin 13% 22% 26% 31% 30% 28% 27%(-) Taxes (21) (35) (39) (48) (49) (48) (46)Tax Rate 25% 25% 25% 25% 25% 25% 25%NOPAT $63 $104 $116 $145 $146 $144 $137(+) D&A 164 139 140 136 169 191 200(-) Capex (236) (245) (255) (239) (241) (225) (200)(-) Δ in NWC (10) (15) (0) (5) 1 (4) –+/- Other (22) (16) (8) (5) (5) (3) (3)Unlevered Free Cash Flow ($41) ($32) ($7) $32 $69 $101 $133% Growth n.m. n.m. n.m. n.m. +46%% Conversion (2) (17%) (12%) (2%) 10% 19% 27% 35%Preliminary Discounted Cash Flow AnalysisSource: Mangrove Management Plan and FactSet as of 10/16/24.Note: U.S. dollars in millions, except per share amounts. Assumes valuation date of 9/30/24, including 9/30/24 balance sheet and DSO per Mangrove Management. Includes cashflows from Q4'24 onwards. Reflects mid-year convention discounting. Share price figures rounded to the nearest 5 cents. (1) Burdened by stock-based compensation. (2)UFCF conversion calculated as UFCF / Adj. EBITDA. (3) Includes utilization of net operating losses starting in 2027 per Management. (4) Multiples based on terminal yearAdj. EBITDA.Implied Share Price(3) Implied Exit Multiple(4)1 Valuation Perspectives

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– Preliminary Working Draft – – Highly Confidential –Today's Discussion1 Valuation Perspectives2 Appendix

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– Preliminary Working Draft – – Highly Confidential –16Peer Unlevered Beta WACC CalculationMarket Debt / Beta(1)Company Debt Cap. Equity Levered Unlevered Cost of EquityComcast $98,128 $166,006 59% 0.793 0.597 20Y U.S. Treasury Yield 4.4%Charter 96,692 53,569 180% 1.262 0.499 Unlevered Beta 0.548Frontier 11,249 7,117 158% 1.483 0.605 Target Debt / Equity 166%Lumen 16,307 6,520 250% 0.575 0.249 Levered Beta 1.231Cable One 3,540 2,034 174% 1.121 0.469 LT U.S. Historical Risk Premium(4) 7.2%Shenandoah 297 785 38% 0.798 0.674 Size Premium(5) 2.0%Peer Median 166% 0.959 0.548 Cost of Equity 15.3%Mangrove - Cons. (Unaff.) 935 326 286% 1.338 0.389Memo: Mangrove Two-Year Average Debt / Equity Ratio 140% 1.338 0.598 Cost of DebtPre-Tax Cost of Debt(7) 6.9%Tax Rate 25.0%After-Tax Cost of Debt 5.2%Memo: Debt / Capital 62%WACC(8) 9.0%Preliminary Mangrove WACC Analysis(6)(3)Source: Mangrove management, public filings, Bloomberg and FactSet as of 10/16/24.Note: U.S. dollars in millions. Mangrove balance sheet and share count figures as of Q1'24 filing on 3/31/24; Mangrove beta as of date of initial public proposal on 5/2/24.(1) Represents two-year adjusted weekly average beta. Unlevered betas assume 25.0% tax rate for each company. (2) As of unaffected date of 9/3/24. (3) Based onmarket value of debt as of 10/16/24. (4) Duff & Phelps, 2023. (5) Size premium reflects companies with market capitalization between $0.2bn and $0.6bn. (6)Reflects two-year average Debt / Equity. (7) Reflects BofA B corporate index effective yield. (8) WACC equals ((debt / capitalization \* (cost of debt \* (1 – taxrate))) + (equity / capitalization \* levered cost of equity)).(6)2 Appendix(2)WACC SensitivityDebt / Unlevered BetaEquity 0.53 0.55 0.58 0.60 0.63 0.65150% 8.9% 9.0% 9.2% 9.3% 9.5% 9.6%175% 8.9% 9.1% 9.2% 9.4% 9.5% 9.7%200% 9.0% 9.1% 9.3% 9.4% 9.6% 9.7%

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– Preliminary Working Draft – – Highly Confidential –17Fiscal Year Ending December 31, 2024 2025 2026 2027 2028 2029Mangrove NOL Usage – – – $103 $95 –(x) Mangrove Tax Rate (1) 21% 21% 21% 21% 21% 21%Mangrove Cash Tax Benefit – – – $22 $20 –Beginning NOL Balance $198 $198 $198 $198 $95 –(-) Mangrove NOL Usage(2) – – – (103) (95) –Ending NOL Balance $198 $198 $198 $95 – –Mangrove NOL AnalysisSource: Mangrove management.Note: U.S. dollars in millions, except per share amounts. Mangrove balance sheet and share count as of 9/30/24 per Management. Assumes mid-year discounting.(1) Assumes U.S. federal tax rate of 21%.(2) NOLs applied to offset federal tax expense.Cash Flow Benefit of NOLsNOL CashFlowBenefit toMangrovePresentValue ofNOL CashFlowBenefit toMangroveImplied Value /Discount Rate PV of NOL Share9.0% $31.5 $0.369.4% 31.1 0.369.8% 30.8 0.352 Appendix

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## Ex-16.(C)(Vi)

#### Exhibit 16(c)(vi)
![[MISSING IMAGE: pg_exhibit16c6page1-4c.jpg]](pg_exhibit16c6page1-4c.jpg)

November 25, 2024Project Mangrove Discussion Materials

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1Required IRR15.0% 17.5% 20.0%5.5x $4.66 / (13%) $3.97 / (26%) $3.39 / (37%)6.0x 5.91 / 11% 5.07 / (5%) 4.35 / (19%)6.5x 7.16 / 34% 6.17 / 15% 5.32 / (0%)7.0x 8.41 / 57% 7.26 / 36% 6.28 / 18%ExitMultipleAssumptions Projected FinancialsAbility to Pay Analysis – Unconstrained CaseSource: FactSet as of November 22, 2024.Note: Dollars in millions, unless share price data.(1) Illustrative purchase price determined by center of sensitivity. (2) Based on LTM EBITDA. (3) Based on NTM EBITDA. Illustrative purchase price of $6.17(1) per share would represent a+15% premium to current share price of $5.34– Represents implied TEV of ~$1,490mm (5.3x '25E EBITDA) Assumes $1,173mm of debt rolled and Revolver drawn to covernegative cash flows– Revolver with new $600mm capacity at S + 275– Existing Term Loan B at S + 300– Super-Priority Term Loan at S + 700 Illustrative transaction close of 12/31/2024 Minimum $50mm cash balance and $25mm transaction fees Management promote of 5.0% Exit at 12/31/30 at 7.0x '30E EBITDA ($505mm)SourcesxEBITDA $mm %Balance Sheet Cash 0.8x $206 12%Rolled Debt 4.3x 1,173 66%Sponsor Equity 1.4x 392 22%Total Sources $1,771 100%UsesxEBITDA $mm %Equity Purchase Price 1.9x $523 30%Rolled Debt 4.2x 1,173 66%Transaction Fees 0.1x 25 1%Mininum Cash 0.2x 50 3%Total Uses $1,771 100%Entry Share Price / Premium to Current(2)(3)2025E 2026E 2027E 2028E 2029E 2030ERevenue $585 $579 $615 $686 $776 $892YoY % Growth (1%) +6% +12% +13% +15%Adj. EBIT $106 $119 $142 $192 $202 $268(Less): Int. Exp. (97) (101) (110) (115) (118) (120)Pre-Tax Income $9 $17 $32 $76 $84 $147(Less): Taxes (4) (4) (7) (34) (35) (47)Net Income $5 $13 $25 $43 $48 $100(Plus): D&A 173 179 186 193 236 238(Less): Capex (281) (339) (365) (302) (324) (349)(Less): Δ in NWC (15) (0) (5) 1 (4) 4Levered FCF ($117) ($146) ($159) ($65) ($44) ($7)Total Debt $1,290 $1,436 $1,596 $1,660 $1,705 $1,711Total Cash 50 50 50 50 50 50Memo: Adj. EBITDA $279 $298 $328 $385 $438 $505Gross Leverage 4.6x 4.8x 4.9x 4.3x 3.9x 3.4xNet Leverage 4.4x 4.6x 4.7x 4.2x 3.8x 3.3xAnalysis Completedat Request ofSpecial Committee

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2EV /Market '24E-'26E '25E EBITDA % B2C Customers Broadband '25E UFCF (2) NTM Homes TotalCompany TEV Cap. Sales CAGR Margin by Technology (1) Penetration % Revenue EBITDA Passed Subscribers$253.3 $169.1 +1.0% 31.3% 51% 21.7% 6.6x n.a. n.a.161.3 62.8 +0.1% 41.6% 55% 19.3% 7.1x 2,792 5,06722.7 8.2 (3.4%) 28.2% 12% (3.1%) 6.4x 5,819 22,87817.2 7.1 +2.6% 39.9% 20% (10.2%) 7.4x 1,861 6, 1274.7 2.4 (1.3%) 54.3% 39% 34.1% 5.6x 1,667 4, 7171.0 0.7 +15.6% 33.5% 33% n.a. 8.2x 1,936 6,235Mean $76.7 $41.7 +2.4% 38.1% 35.0% 12.4% 6.9x $2,815 $9,005Median $19.9 $7.7 +0.5% 36.7% 36.0% 19.3% 6.8x $1,936 $6,127Memo: Mangrove On Date of Initial Public ProposalConsensus(6) (2.3%) 43.8% 8.4% 4.5xMgmt. Plan(7) (4.5%) 49.6% 11.0% 4.3x$1.2 $0.3 25% $632 $2,49935%65%73%27%94%6%100%100%100%70%30%Selected Public Trading StatisticsCable Fiber Copper(5)(3) (3)(4) (4)Source: Mangrove Management Plan and FactSet as of 11/22/24.Note: U.S. dollars in billions. Reflects calendarized financials. EBITDA unburdened by stock-based compensation. Financial estimates reflect mean broker estimates inUSD per FactSet. EBITDA figures reflect EBITDA estimates in USD per FactSet. Assumes market value of debt as of 11/22/24 for Lumen.(1) As of latest filing. (2) Unlevered free cash flow defined as EBITDA less capex. (3) Represents Fiber metrics. (4) Includes only Fiber enterprise value. Fiber LTMEBITDA disclosed as 65% of total EBITDA, which is used to calculate Copper EBITDA. Copper business valued at 5.0x LTM Copper EBITDA. (5) Reflects 2025EYoY growth due to lack of 2026E estimates. (6) Consensus estimates as of 5/2/24. Assumes DSO and balance sheet figures as of 3/31/24. (7) Based on MangroveManagement Plan received by Centerview on 11/12/24.

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3WholeCo: +21%Consumer Fiber: +38%14.3x(3)Growth Adjusted: 0.5xWholeCo: +3%Consumer Fiber: +23%(2)9.2xGrowth Adjusted: 0.8xWholeCo: +5%Consumer Fiber: +84%Benchmarking Recent Transaction Targets and MangroveValuation Operational+16%+22%~85%+29%52%$2,778$9,091+18%(1)+19%(2)~65%+11%55%$3,846~$15,000Mangrove+149%+270%~3%+8%~1%n.a.n.a.n.a.'24E Fiber Homes PassedGrowth'24E Fiber SubscriberGrowth'25-28E Revenue Growth% of Homes Passed withFiber in Base PlanEV / EBITDAEV / FiberHomes PassedEV / ResidentialFiber Subscriber'25-28E EBITDA GrowthFiber PenetrationSource: Company filings, Wall Street research, and Mangrove management as of November 12, 2024.(1) Reflects 2024E management guidance.(2) Reflects Q2'24 YoY growth.(3) Includes run-rate synergies and tax attributes./ /'25E EBITDA Margin 49% 40% 50%% Revenue fromConsumer Fiber28% 45% 11%Acquiror / Target"Other" revenue not allcreated equally (i.e.components of wholesalebusiness, nature of enterprisev. SMB)High value dueto nascency offiber buildAnalysis Completedat Request ofSpecial Committee~8% by 2027

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## Ex-16.(C)(Vii)

#### Exhibit 16(c)(vii)
![[MISSING IMAGE: pg_exhibit16c7page1-4c.jpg]](pg_exhibit16c7page1-4c.jpg)

December 16th, 2024Project MangroveConfidential Discussion MaterialsPrepared for the Special Committee of the Board of Directors

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DisclaimerThis presentation has been prepared by Centerview Partners LLC ("Centerview") for use solely by the Special Committee of the Board of Directors of Mangrove inconnection with its evaluation of a proposed sale of Mangrove and for no other purpose. The information contained herein is based upon information supplied by oron behalf of Mangrove and publicly available information, and portions of the information contained herein may be based upon statements, estimates and forecastsprovided by Mangrove. Centerview has relied upon the accuracy and completeness of the foregoing information, and has not assumed any responsibility for anyindependent verification of such information or for any independent evaluation or appraisal of any of the assets or liabilities (contingent or otherwise) of Mangrove orany other entity, or concerning the solvency or fair value of Mangrove or any other entity. With respect to financial forecasts, Centerview has assumed that suchforecasts have been reasonably prepared on bases reflecting the best currently available estimates and judgments of the management of Mangrove as to the futurefinancial performance of Mangrove, and at your direction Centerview has relied upon such forecasts, as provided by Mangrove's management, with respect toMangrove. Centerview assumes no responsibility for and expresses no view as to such forecasts or the assumptions on which they are based. The information setforth herein is based upon economic, monetary, market and other conditions as in effect on, and the information made available to us as of, the date hereof, unlessindicated otherwise and Centerview assumes no obligation to update or otherwise revise these materials.The financial analysis in this presentation is complex and is not necessarily susceptible to a partial analysis or summary description. In performing this financialanalysis, Centerview has considered the results of its analysis as a whole and did not necessarily attribute a particular weight to any particular portion of the analysisconsidered. Furthermore, selecting any portion of Centerview's analysis, without considering the analysis as a whole, would create an incomplete view of the processunderlying its financial analysis. Centerview may have deemed various assumptions more or less probable than other assumptions, so the reference ranges resultingfrom any particular portion of the analysis described above should not be taken to be Centerview's view of the actual value of Mangrove.These materials and the information contained herein are confidential, were not prepared with a view toward public disclosure, and may not be disclosed publicly ormade available to third parties without the prior written consent of Centerview. These materials and any other advice, written or oral, rendered by Centerview areintended solely for the benefit and use of the Special Committee of the Board of Directors of Mangrove (in its capacity as such) in its consideration of the proposedtransaction, and are not for the benefit of, and do not convey any rights or remedies for any holder of securities of Mangrove or any other person. Centerview willnot be responsible for and has not provided any tax, accounting, actuarial, legal or other specialist advice. These materials are not intended to provide the sole basisfor evaluating the proposed transaction, and this presentation does not represent a fairness opinion, recommendation, valuation or opinion of any kind, and isnecessarily incomplete and should be viewed solely in conjunction with the oral presentation provided by Centerview.

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Today's Discussion1 Valuation Perspectives2 Appendix

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$0$5$10$15$20$25May-19 Nov-19 May-20 Nov-20 May-21 Nov-21 May-22 Nov-22 May-23 Nov-23 May-24 Nov-24Share Price Performance Over TimeMangrove Unaffected 52-Week High(1)(5/3/23): $11.32Source: FactSet as of 12/12/24.Note: Prices indexed to Mangrove as of 5/2/19. Broadband peer median includes CABO, CHTR, CMCSA, FYBR, LUMN and SHEN. Initial public proposal date as of 5/2/24.(1) As of one-day prior to initial public proposal.(2) As of 12/12/24.$7.99$3.79(53%)(25%)+107%Current:Mangrove on Date ofInitial Public ProposalIndexed Share Price Performance – Five Years Prior to Date of Initial Public Proposal$5.03(37%)Mangrove Unaffected 52-Week Low(1)(11/10/23): $2.87Mangrove Broadband Peers S&P 500March 2022:First Fed rate hike post-pandemicMay 2022:Reported Q1'22 Results, DoubledGreenfield Expansion PlansNovember 2023:Reported Q3'23 Results1 Valuation PerspectivesMangrove Current 52-Week High(2)(8/19/24): $5.78Mangrove Current 52-Week Low(2)(3/19/24): $3.03May 2023:Reported Q1'23 ResultsNovember 2022:Reported Q3'22 ResultsAugust 2022:Reported Q2'22 Results

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Overview of Joint Bidders' December 12th Revised Verbal Proposal $6.00 - $6.25 per share in cash for all outstanding shares ofMangrove common stock not currently owned by Crestview– Represents a 19% - 24% premium to the current price of $5.03and a 58% - 65% premium to the price prior to the initial publicproposal of $3.79– Represents an increase to the low-end of the range of the revisedproposal of $5.50 - $6.25 received on 10/11/24 No additional Conditions or Key Terms have been providedas part of the revised verbal proposalHeadlineOffer Non-waivable condition requires:– Approval and recommendation to board by Special Committee,as advised by independent legal and financial advisors– Approval of Mangrove Board of Directors Assumes the current debt financing at Mangrove remains in placeafter transaction close, but Joint Bidders have represented that theycould secure committed financing as needed Equity financing will be funded by the rollover of Crestview's existing37.0% ownership and new equity to be provided by DigitalBridge Completion of customary due diligenceFor Reference:Other KeyTerms fromInitialProposalFor Reference:CertainConditionsOutlined InInitialProposalProposal Overview Implied Offer Range MetricsSource: Crestview's non-binding revised proposal received on 12/12/24, MangroveManagement Plan as of 11/12/24 and FactSet as of 12/12/24.Note: U.S. dollars in millions, except per share amounts. EBITDA figures reflectEBITDA estimates in USD per FactSet.(1) Assumes DSO per Mangrove management as of 9/30/24.(2) Reflects balance sheet as of 9/30/24. Includes debt issuance closed in Oct-24.(3) Reflects NTM Adj. EBITDA as of 5/2/24.1 Valuation PerspectivesShare Price $6.00 $6.25x DSO(1) 87.5 87.5Implied Equity Value $525 $547(+) Debt(2) 1,173 1,173(-) Cash(2) (206) (206)Implied Enterprise Value $1,492 $1,514Mangrove Management PlanEV / Adj. EBITDA2024E $285 5.2x 5.3xNTM(3) 290 5.1x 5.2xMangrove Consensus (4)EV / Adj. EBITDA2024E $273 5.5x 5.5xNTM(3) 273 5.5x 5.5xOffer Price % Prem. / (Disc.) as of Unaffected Date:5/2/24 $3.79 +58% +65%L52-Week High 11.32 (47%) (45%)L52-Week Low 2.87 +109% +118%30-Day VWAP 3.59 +67% +74%60-Day VWAP 3.52 +70% +78%90-Day VWAP 3.57 +68% +75%Offer Price % Prem. / (Disc.) as of Current:12/12/24 $5.03 +19% +24%L52-Week High 5.78 +4% +8%L52-Week Low 3.03 +98% +106%30-Day VWAP 5.29 +13% +18%60-Day VWAP 5.18 +16% +21%90-Day VWAP 5.30 +13% +18%

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Historicals Projections2022 2023 2024 2025 2026 2027 2028 2029Revenue $705 $687 $630 $585 $575 $595 $634 $676% Growth (3%) (8%) (7%) (2%) +4% +7% +7%% Fiber 1% 4% 7% 11% 15% 19%Adj. EBITDA(1) $254 $259 $274 $279 $297 $318 $354 $379% Growth +2% +6% +2% +7% +7% +11% +7%% Margin 36% 38% 43% 48% 52% 54% 56% 56%(-) D&A (164) (139) (140) (136) (169) (191)Adj. EBIT $110 $140 $158 $182 $185 $188% Growth +27% +13% +16% +2% +1%% Margin 17% 24% 27% 31% 29% 28%(-) Taxes (28) (35) (39) (45) (46) (47)Tax Rate 25% 25% 25% 25% 25% 25%NOPAT $83 $105 $118 $136 $139 $141(+) D&A 164 139 140 136 169 191(-) Capex (222) (226) (264) (268) (264) (263)(-) Δ in NWC (10) (15) (0) (5) 1 (4)(-) Other(2) (46) (40) (14) (5) (6) (4)Unlevered Free Cash Flow ($32) ($37) ($20) ($5) $39 $61% Growth n.m. n.m. n.m. n.m. +56%% Conversion (12%) (13%) (7%) (2%) 11% 16%5 Year Management Plan SummarySource: Mangrove management.Note: U.S. dollars in millions. Reflects management forecast received by Centerview on 11/12/2024.(1) Burdened by Stock-Based Compensation.(2) Includes Non-EBITDA Severance, Non-Recurring & Integration Expenses, and Other Expenses.1 Valuation Perspectives

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$290 $271 $274 $274 $309 $272 $280$630 $632 $633 $633$285 $284 $286 $28611/12/24 Management Plan vs. Consensus: Select P&L ItemsSource: Mangrove Management Plan provided on 11/12/24, Wall Street research and FactSet as of 12/12/24.Note: U.S. dollars in millions. Adj. EBITDA unburdened by stock-based compensation.RevenueAdj.EBITDAUFCF(EBITDAlessCapex)# of Est. = 3$585 $578 $579 $584 $575 $550 $566# of Est. = 2# of Est. = 3 # of Est. = 2# of Est. = 3$64 $72 $75 $75$45$57# of Est. = 3$64 $71 $77 $832024E 2025E 2026E# of Est. = 3# of Est. = 3# of Est. = 1Mgmt. Mgmt. Mgmt.Mgmt. Mgmt. Mgmt.Mgmt. Mgmt. Mgmt.1 Valuation Perspectives

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45.3% 53.7% 48.0% 50.8% 42.9% 43.8% 45.0%11/12/24 Management Plan vs. Consensus: Margins49.6% 46.8% 46.9% 47.4%Adj.EBITDAMarginUFCF as% ofRevenue11.0% 12.5% 12.9% 13.1%7.9%9.8%# of Est. = 310.1% 11.3% 12.1% 13.0%Source: Mangrove Management Plan provided on 11/12/24, Wall Street research and FactSet as of 12/12/24.Note: U.S. dollars in millions. Adj. EBITDA unburdened by stock-based compensation.2024E 2025E 2026E# of Est. = 3 # of Est. = 2# of Est. = 3 # of Est. = 3 # of Est. = 1Mgmt. Mgmt. Mgmt.Mgmt. Mgmt. Mgmt.1 Valuation Perspectives

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Preliminary Overview of Valuation MethodologiesDescription Range of closing share prices for Mangrove stock over the 52 weeks ending 5/2/24 (initial public proposal date) Price targets for Mangrove per recent Wall Street analyst research reports as of latest available date EBITDA unburdened by stock-based compensation expense Multiples applied to Mangrove Management Plan NTM EBITDA EBITDA unburdened by stock-based compensation expense Multiples applied to Mangrove Management Plan LTM EBITDA Mangrove Management Plan Weighted Average Cost of Capital of 8.3% – 9.5% Perpetuity growth rate of 2.5% – 3.0% Assumes utilization of NOLs starting in 2027ESource: Mangrove management, public filings, FactSet, and Bloomberg.Note: U.S. dollars in millions, except per share amounts. Balance sheet and fully diluted share count as of 9/30/24 per Mangrove management estimate. Share pricesrounded to nearest $0.05, except for 52-week trading range. NTM metrics reflect NTM as of 12/12/24.1 Valuation PerspectivesMethodologyTradingMultiplesPrecedentTransactionsForReferenceEV / LTMAdj. EBITDAAnalystPrice TargetsDiscounted CashFlow AnalysisIncluding Value of Tax Assets52-WeekTrading Range asof 5/2/24EV / NTMAdj. EBITDA52-WeekTrading Range asof 12/12/24 Range of closing share prices for Mangrove stock over the 52 weeks ending 12/12/24

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$2.87$3.03$3.00$3.85$6.85$3.95$11.32$5.78$7.50$9.55$11.75$9.95Preliminary Mangrove Valuation AnalysisMethodology Relevant Metrics Implied Share Price Range5.5x – 7.0x LTM Adj.EBITDA of $285mm4.5x – 6.2x NTM Adj.EBITDA of $290mmLow (11/10/23) /High (5/3/23)(Initial Public Proposal Date)WACC: 8.3% – 9.5%PGR: 2.5% – 3.0%Low / High(Latest Available Reports)Revised Proposal12/12/24:$6.00 - $6.25TradingMultiplesPrecedentTransactionsForReferenceSource: Mangrove management, public filings, FactSet, and Bloomberg.Note: U.S. dollars in millions, except per share amounts. Balance sheet and fully diluted share count as of 9/30/24 per Mangrove management estimate. Share pricesrounded to nearest $0.05, except for 52-week trading range. NTM metrics reflect NTM as of 12/12/24.1 Valuation PerspectivesInitial Proposal5/2/24: $4.80EV / LTMAdj. EBITDAAnalystPrice TargetsDiscounted CashFlow AnalysisIncluding Value of Tax Assets52-WeekTrading Range asof 5/2/24EV / NTMAdj. EBITDA52-WeekTrading Range asof 12/12/24Low (3/19/24) /High (8/19/24)(Current)

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Broker Price Target Valuation MethodologyDCF: 10.6% WACC, 1% PGR~5.0x 2025E EBITDA~5.0x 2025E EBITDA4.2x 2025E EBITDAMedian $4.90$7.50$5.00$4.80$3.00For Reference: Research Analyst Price TargetsSource: Wall Street research, Bloomberg and FactSet as of 12/12/24.(1) Broker updated recommendation to Sell rating on 12/4/24.(3/14/24)(1)(11/4/24)(8/26/24)(3/13/24)1 Valuation PerspectivesBuy Hold Sell

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EV /Market '24E-'26E '25E EBITDA % B2C Customers Broadband '25E UFCF (2) NTM Homes TotalCompany TEV Cap. Sales CAGR Margin by Technology (1) Penetration % Revenue EBITDA Passed Subscribers$240.2 $156.0 +1.3% 31.3% 51% 21.7% 6.3x n.a. n.a.161.4 62.8 +0.1% 41.6% 55% 19.3% 7.1x 2,793 5,06821.2 6.7 (3.4%) 28.0% 12% (3.3%) 6.1x 5,426 21,33317.2 7.1 +2.6% 39.9% 20% (10.2%) 7.4x 1,861 6, 1274.5 2.2 (1.3%) 54.3% 39% 34.1% 5.3x 1,588 4, 4941.0 0.8 +13.6% 33.6% 33% (48.5%) 8.3x 1,956 6,299Mean $74.2 $39.3 +2.1% 38.1% 35.0% 2.2% 6.7x $2,725 $8,664Median $19.2 $6.9 +0.7% 36.8% 36.0% 8.0% 6.7x $1,956 $6,127Memo: Mangrove On Date of Initial Public ProposalConsensus(6) (2.3%) 43.8% 8.4% 4.5xMgmt. Plan(7) (4.5%) 49.6% 11.0% 4.3x$1.2 $0.3 25% $632 $2,49935%65%73%27%94%6%100%100%100%70%30%Selected Public Trading StatisticsCable Fiber Copper(5)1 Valuation Perspectives(3) (3)(4) (4)Source: Mangrove Management Plan and FactSet as of 12/12/24.Note: U.S. dollars in billions. Reflects calendarized financials. EBITDA unburdened by stock-based compensation. Financial estimates reflect mean broker estimates inUSD per FactSet. EBITDA figures reflect EBITDA estimates in USD per FactSet. Assumes market value of debt as of 12/12/24 for Lumen.(1) As of latest filing. (2) Unlevered free cash flow defined as EBITDA less capex. (3) Represents Fiber metrics. (4) Includes only Fiber enterprise value. Fiber LTMEBITDA disclosed as 65% of total EBITDA, which is used to calculate Copper EBITDA. Copper business valued at 5.0x LTM Copper EBITDA. (5) Reflects 2025EYoY growth due to lack of 2026E estimates. (6) Consensus estimates as of 5/2/24. Assumes DSO and balance sheet figures as of 3/31/24. (7) Based on MangroveManagement Plan received by Centerview on 11/12/24.

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0.0x2.0x4.0x6.0x8.0x10.0x12.0x14.0x16.0x18.0x20.0xMay-19 Nov-19 May-20 Nov-20 May-21 Nov-21 May-22 Nov-22 May-23 Nov-23 May-24 Nov-24Multiple Evolution Over TimeEV / NTM EBITDA – Five Years to Date of Initial Public Proposal6.7x11.8x4.5x6.7xMangrove Mult.on Date of InitialPublic Proposal(5/2/24)15.3x9.7x5.1xSource: FactSet as of 12/12/24.Note: Broadband peer median includes CABO, CHTR, CMCSA, FYBR, LUMN and SHEN. Initial public proposal date as of 5/2/24.1 Valuation PerspectivesAvg. EV / NTM EBITDA (to Date of Initial Public Proposal) Mangrove Broadband Peers S&P 500L5Y L2Y L1Y YTDMangrove 6.6x 5.6x 4.7x 4.5xBroadband Median 9.0x 7.1x 7.0x 6.8xMult. Prem / (Disc.) (2.4x) (1.5x) (2.4x) (2.4x)% Prem. / (Disc.) (27%) (21%) (34%) (35%)June 2021:Sale of Select Properties from Mangrove toAstound and Atlantic BroadbandNovember 2020:Sale of Astound to Stonepeak12.5x11.0x

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Ann. Date Target Acquiror Ent. ValueEV /LTM EBITDA5-Sep-24 Frontier Verizon $20,000 9.2x16-Oct-23 Consolidated Communication Searchlight 3,100 9.6x4-Aug-21 Lumen Apollo 7,500 5.5x13-Mar-20 Cincinnati Bell Macquarie 2,907 7.2x29-May-19 Frontier Searchlight 1,352 5.0x10-Jul-17 Hawaiian Telecom Cincinnati Bell 656 5.9x5-Feb-15 Verizon (Assets) Frontier 10,540 6.2xMean 6.9xMedian 6.2xSelected Precedent TransactionsSource: Public filings and materials, FactSet.Note: U.S. dollars in millions.1 Valuation Perspectives

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PGR PGR2.50% 2.75% 3.00% 2.50% 2.75% 3.00%8.3% $8.10 $9.00 $9.95 6.4x 6.7x 7.0x8.9% 5.80 6.50 7.30 5.8x 6.0x 6.3x9.5% 3.95 4.55 5.15 5.3x 5.5x 5.7xWACCFiscal Year Ending December 31, Terminal '24E - '29E2024 2025 2026 2027 2028 2029 Year CAGRRevenue $630 $585 $575 $595 $634 $676 $676 +1%% Growth (7%) (2%) +4% +7% +7%Adj. EBITDA(1) $274 $279 $297 $318 $354 $379 $379 +7%% Growth +2% +7% +7% +11% +7%% Margin 43% 48% 52% 54% 56% 56% 56%(-) D&A (164) (139) (140) (136) (169) (191) (200)Adj. EBIT $110 $140 $158 $182 $185 $188 $179% Growth +27% +13% +16% +2% +1%% Margin 17% 24% 27% 31% 29% 28% 26%(-) Taxes (28) (35) (39) (45) (46) (47) (45)Tax Rate 25% 25% 25% 25% 25% 25% 25%NOPAT $83 $105 $118 $136 $139 $141 $134(+) D&A 164 139 140 136 169 191 200(-) Capex (222) (226) (264) (268) (264) (263) (200)(-) Δ in NWC (10) (15) (0) (5) 1 (4) –+/- Other (46) (40) (14) (5) (6) (4) (4)Unlevered Free Cash Flow ($32) ($37) ($20) ($5) $39 $61 $130% Growth n.m. n.m. n.m. n.m. +56%% Conversion (2) (12%) (13%) (7%) (2%) 11% 16% 34%Preliminary Discounted Cash Flow AnalysisSource: Mangrove Management Plan and FactSet as of 12/12/24.Note: U.S. dollars in millions, except per share amounts. Assumes valuation date of 12/31/24, including 9/30/24 balance sheet and DSO per Mangrove Management. Includescash flows from Q1'25 onwards. Reflects mid-year convention discounting. Share price figures rounded to the nearest 5 cents. (1) Burdened by stock-basedcompensation. (2) UFCF conversion calculated as UFCF / Adj. EBITDA. (3) Includes utilization of net operating losses starting in 2027 per Management. (4) Multiplesbased on terminal year Adj. EBITDA.Implied Share Price(3) Implied Exit Multiple(4)1 Valuation Perspectives

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Today's Discussion1 Valuation Perspectives2 Appendix

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Peer Unlevered Beta WACC CalculationMarket Debt / Beta(1)Company Debt Cap. Equity Levered Unlevered Cost of EquityComcast $101,364 $155,992 65% 0.626 0.505 20Y U.S. Treasury Yield 4.6%Charter 95,315 62,804 152% 0.861 0.424 Unlevered Beta 0.50Frontier 11,249 7,117 158% 1.483 0.605 Target Debt / Equity 155%Lumen 17,128 6,674 257% 0.670 0.267 Levered Beta 1.090Cable One 3,488 2,201 158% 0.895 0.425 LT U.S. Historical Risk Premium(4) 7.2%Shenandoah 345 750 46% 0.389 0.441 Size Premium(5) 2.0%Peer Median 155% 0.765 0.433 Cost of Equity 14.4%Mangrove - Cons. (Unaff.) 935 326 286% 1.338 0.389Memo: Mangrove Two-Year Average Debt / Equity Ratio 140% 1.338 0.598 Cost of DebtPre-Tax Cost of Debt(7) 6.8%Tax Rate 25.0%After-Tax Cost of Debt 5.1%Memo: Debt / Capital 61%WACC(8) 8.7%Preliminary Mangrove WACC Analysis(6)(3)Source: Mangrove management, public filings, Bloomberg and FactSet as of 12/12/24.Note: U.S. dollars in millions. Mangrove balance sheet and share count figures as of Q1'24 filing on 3/31/24; Mangrove beta as of date of initial public proposal on 5/2/24.(1) Represents two-year adjusted weekly average beta. Unlevered betas assume 25.0% tax rate for each company. (2) As of unaffected date of 9/3/24. (3) Based onmarket value of debt as of 12/12/24. (4) Duff & Phelps, 2023. (5) Size premium reflects companies with market capitalization between $0.2bn and $0.6bn. (6)Reflects two-year average Debt / Equity. (7) Reflects BofA B corporate index effective yield. (8) WACC equals ((debt / capitalization \* (cost of debt \* (1 – taxrate))) + (equity / capitalization \* levered cost of equity)).(6)2 Appendix(2)WACC SensitivityDebt / Unlevered BetaEquity 0.43 0.46 0.50 0.53 0.57 0.60150% 8.3% 8.5% 8.7% 8.9% 9.1% 9.3%175% 8.3% 8.6% 8.8% 9.0% 9.2% 9.4%200% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4%

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Mangrove NOL AnalysisSource: Mangrove management.Note: U.S. dollars in millions, except per share amounts. Mangrove balance sheet and share count as of 9/30/24 per Management. Assumes mid-year discounting.(1) Assumes U.S. federal tax rate of 21%.(2) NOLs applied to offset federal tax expense.Cash Flow Benefit of NOLsNOL CashFlowBenefit toMangrovePresentValue ofNOL CashFlowBenefit toMangrove2 AppendixFiscal Year Ending December 31, 2024 2025 2026 2027 2028 2029Mangrove NOL Usage – – – $103 $95 –(x) Mangrove Tax Rate (1) 21% 21% 21% 21% 21% 21%Mangrove Cash Tax Benefit – – – $22 $20 –Beginning NOL Balance $198 $198 $198 $198 $95 –(-) Mangrove NOL Usage(2) – – – (103) (95) –Ending NOL Balance $198 $198 $198 $95 – –Implied Value /Discount Rate PV of NOL Share8.3% $32.8 $0.388.9% 32.3 0.379.5% 31.7 0.36

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![[MISSING IMAGE: pg_exhibit16c7page19-4c.jpg]](pg_exhibit16c7page19-4c.jpg)

Peer Unsecured Yield-To-WorstSource: Mangrove management, public filings, Bloomberg and FactSet as of 12/12/24.Note: U.S. dollars in millions.(1) Reflects Mangrove Secured Super-Priority Credit Agreement Balance closed on 10/11/24.(2) Reflects S + 700 interest rate as of 12/12/24.2 AppendixCompany Unsecured Debt Unsecured Yield-To-Worst$5,530 8.7%1,570 7.1%23,247 6.3%750 5.9%100,890 4.9%– n.a.Memo:Most-Recent Mangrove Issuance: Super-Priority Facility $200S + 70011.5%(1)(2)

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## Ex-16.(C)(Viii)

#### Exhibit 16(c)(viii)
![[MISSING IMAGE: pg_exhibit16c8page1-4c.jpg]](pg_exhibit16c8page1-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –February 13th, 2025 Project MangroveConfidential Discussion MaterialsPrepared for the Special Committee of the Board of DirectorsConfidential Treatment Requested on 1 page, confidentialinformation filed separately with the SEC

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– Preliminary Working Draft – – Highly Confidential –1DisclaimerThis presentation has been prepared by Centerview Partners LLC ("Centerview") for use solely by the Special Committee of the Board of Directors of Mangrove inconnection with its evaluation of a proposed sale of Mangrove and for no other purpose. The information contained herein is based upon information supplied by oron behalf of Mangrove and publicly available information, and portions of the information contained herein may be based upon statements, estimates and forecastsprovided by Mangrove. Centerview has relied upon the accuracy and completeness of the foregoing information, and has not assumed any responsibility for anyindependent verification of such information or for any independent evaluation or appraisal of any of the assets or liabilities (contingent or otherwise) of Mangrove orany other entity, or concerning the solvency or fair value of Mangrove or any other entity. With respect to financial forecasts, Centerview has assumed that suchforecasts have been reasonably prepared on bases reflecting the best currently available estimates and judgments of the management of Mangrove as to the futurefinancial performance of Mangrove, and at your direction Centerview has relied upon such forecasts, as provided by Mangrove's management, with respect toMangrove. Centerview assumes no responsibility for and expresses no view as to such forecasts or the assumptions on which they are based. The information setforth herein is based upon economic, monetary, market and other conditions as in effect on, and the information made available to us as of, the date hereof, unlessindicated otherwise and Centerview assumes no obligation to update or otherwise revise these materials.The financial analysis in this presentation is complex and is not necessarily susceptible to a partial analysis or summary description. In performing this financialanalysis, Centerview has considered the results of its analysis as a whole and did not necessarily attribute a particular weight to any particular portion of the analysisconsidered. Furthermore, selecting any portion of Centerview's analysis, without considering the analysis as a whole, would create an incomplete view of the processunderlying its financial analysis. Centerview may have deemed various assumptions more or less probable than other assumptions, so the reference ranges resultingfrom any particular portion of the analysis described above should not be taken to be Centerview's view of the actual value of Mangrove.These materials and the information contained herein are confidential, were not prepared with a view toward public disclosure, and may not be disclosed publicly ormade available to third parties without the prior written consent of Centerview. These materials and any other advice, written or oral, rendered by Centerview areintended solely for the benefit and use of the Special Committee of the Board of Directors of Mangrove (in its capacity as such) in its consideration of the proposedtransaction, and are not for the benefit of, and do not convey any rights or remedies for any holder of securities of Mangrove or any other person. Centerview willnot be responsible for and has not provided any tax, accounting, actuarial, legal or other specialist advice. These materials are not intended to provide the sole basisfor evaluating the proposed transaction, and this presentation does not represent a fairness opinion, recommendation, valuation or opinion of any kind, and isnecessarily incomplete and should be viewed solely in conjunction with the oral presentation provided by Centerview.

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![[MISSING IMAGE: pg_exhibit16c8page3-4c.jpg]](pg_exhibit16c8page3-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –2 Following the verbal offer from the joint bidders of $6.00 - $6.25 per share on December 12th, the SpecialCommittee advised that the Company further engage with the joint bidders in diligence Centerview also reached out to and other parties to gauge interest in a transaction– All of the new parties declined to proceed further or did not respond, except provided an initial range in the mid $5's in late December– The Special Committee advised that they continue on further diligence to increase their bid Following further diligence, sent an email on January 28th with a revised range of $6.00 - $7.00per share and continued diligence– Centerview connected with on February 10th for feedback and communicated thatthey needed more time to review but should be able to respond this week The joint bidders submitted a verbal offer on February 11th for $6.00 / share communicated on February 13th to Centerview that they are at a range closer to the originalproposal from the joint biddersProcess Update

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– Preliminary Working Draft – – Highly Confidential –Today's Discussion1 Valuation Perspectives2 Appendix

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![[MISSING IMAGE: pg_exhibit16c8page5-4c.jpg]](pg_exhibit16c8page5-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –4$0$5$10$15$20$25May-19 Nov-19 May-20 Nov-20 May-21 Nov-21 May-22 Nov-22 May-23 Nov-23 May-24 Nov-24Share Price Performance Over TimeMangrove Unaffected 52-Week High(1)(5/3/23): $11.32Source: FactSet as of 2/11/25.Note: Prices indexed to Mangrove as of 5/2/19. Broadband peers include CABO, CHTR, CMCSA, FYBR, LUMN and SHEN. Initial public proposal date as of 5/2/24.(1) As of one-day prior to initial public proposal.(2) As of 2/11/25.$7.99$3.79(53%)(38%)+108%Current:Mangrove on Date ofInitial Public ProposalIndexed Share Price Performance – Five Years Prior to Date of Initial Public Proposal$4.49(44%)Mangrove Unaffected 52-Week Low(1)(11/10/23): $2.87Mangrove Broadband Peers S&P 5001 Valuation PerspectivesMangrove Current 52-Week High(2)(8/19/24): $5.78Mangrove Current 52-Week Low(2)(3/19/24): $3.03March 2022:First Fed rate hike post-pandemicMay 2022:Reported Q1'22 Results, DoubledGreenfield Expansion PlansNovember 2023:Reported Q3'23 ResultsMay 2023:Reported Q1'23 ResultsNovember 2022:Reported Q3'22 ResultsAugust 2022:Reported Q2'22 Results

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![[MISSING IMAGE: pg_exhibit16c8page6-4c.jpg]](pg_exhibit16c8page6-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –5Overview of Joint Bidders' February 11th Revised Verbal Proposal $6.00 per share in cash for all outstanding shares of Mangrovecommon stock not currently owned by Crestview– Represents a 34% premium to the current price of $4.49 and a58% premium to the price prior to the initial public proposalof $3.79– Represents the low-end of the range of the revised proposal of$6.00 - $6.25 received on December 12th, 2024 No additional Conditions or Key Terms have been providedas part of the revised verbal proposalHeadlineOffer Non-waivable condition requires:– Approval and recommendation to board by Special Committee,as advised by independent legal and financial advisors– Approval of Mangrove Board of Directors Assumes the current debt financing at Mangrove remains in placeafter transaction close, but Joint Bidders have represented that theycould secure committed financing as needed Equity financing will be funded by the rollover of Crestview's existing37.0% ownership and new equity to be provided by DigitalBridge Completion of customary due diligenceFor Reference:Other KeyTerms fromInitialProposalFor Reference:CertainConditionsOutlined InInitialProposalProposal Overview Implied Offer Range MetricsSource: Crestview's non-binding revised proposal received on 2/11/25, MangroveManagement Plan as of 1/15/25 and FactSet as of 2/11/25.Note: U.S. dollars in millions, except per share amounts. EBITDA figures reflectEBITDA estimates in USD per FactSet.(1) Assumes DSO per Mangrove management as of 12/31/24.(2) Reflects balance sheet as of 12/31/24. Includes debt issuance closed in Oct-24.(3) Reflects NTM Adj. EBITDA as of 2/11/25.1 Valuation PerspectivesShare Price $6.00x DSO(1) 87.5Implied Equity Value $525(+) Debt(2) 1,018(-) Cash(2) (39)Implied Enterprise Value $1,504Mangrove Management PlanEV / Adj. EBITDA2025E $278 5.4xNTM(3) 281 5.4xMangrove ConsensusEV / Adj. EBITDA2025E $273 5.5xNTM(3) 273 5.5xOffer Price % Prem. / (Disc.) as of Unaffected Date:5/2/24 $3.79 +58%L52-Week High 11.32 (47%)L52-Week Low 2.87 +109%30-Day VWAP 3.59 +67%60-Day VWAP 3.52 +70%90-Day VWAP 3.57 +68%Offer Price % Prem. / (Disc.) as of Current:2/11/25 $4.49 +34%L52-Week High 5.78 +4%L52-Week Low 3.03 +98%30-Day VWAP 4.48 +34%60-Day VWAP 4.76 +26%90-Day VWAP 4.93 +22%

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![[MISSING IMAGE: pg_exhibit16c8page7-4c.jpg]](pg_exhibit16c8page7-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –65 Year Management Plan SummarySource: Mangrove management.Note: U.S. dollars in millions. Reflects management forecast received by Centerview on 01/15/2025.(1) Burdened by Stock-Based Compensation.(2) Includes Non-EBITDA Severance, Non-Recurring & Integration Expenses, and Other Expenses.1 Valuation PerspectivesHistoricals Projections2022 2023 2024 2025 2026 2027 2028 2029Revenue $705 $687 $630 $585 $573 $592 $630 $672% Growth (3%) (8%) (7%) (2%) +3% +6% +7%Adj. EBITDA(1) $254 $259 $279 $266 $293 $317 $349 $376% Growth +2% +8% (4%) +10% +8% +10% +8%% Margin 36% 38% 44% 46% 51% 54% 55% 56%(-) D&A (139) (140) (136) (169) (191)Adj. EBIT $127 $153 $181 $181 $185% Growth +20% +18% (0%) +2%% Margin 22% 27% 31% 29% 28%(-) Taxes (32) (38) (45) (45) (46)Tax Rate 25% 25% 25% 25% 25%NOPAT $95 $115 $136 $135 $139(+) D&A 139 140 136 169 191(-) Capex (214) (276) (269) (263) (262)(-) Δ in NWC (15) (0) (5) 1 (4)(-) Other(2) (40) (14) (5) (6) (4)Unlevered Free Cash Flow ($34) ($36) ($7) $37 $60% Growth n.m. n.m. n.m. n.m. +65%% Conversion (13%) (12%) (2%) 10% 16%

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![[MISSING IMAGE: pg_exhibit16c8page8-4c.jpg]](pg_exhibit16c8page8-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –7$290 $284 $286 $286 $278 $271 $274 $274 $304 $272 $280$630 $632 $633 $6332/11/25 Management Plan vs. Consensus: Select P&L ItemsSource: Mangrove Management Plan provided on 1/15/25, Wall Street research and FactSet as of 2/11/25.Note: U.S. dollars in millions. Adj. EBITDA unburdened by stock-based compensation.RevenueAdj.EBITDA$573 $550 $566UFCF(EBITDAlessCapex)$585 $578 $579 $584# of Est. = 3$64 $72 $75 $75$29$57# of Est. = 2# of Est. = 3 # of Est. = 2$68 $71 $77 $83# of Est. = 3 # of Est. = 32024E 2025E 2026E# of Est. = 3# of Est. = 3# of Est. = 1Mgmt. Mgmt. Mgmt.Mgmt. Mgmt. Mgmt.Mgmt. Mgmt. Mgmt.1 Valuation Perspectives

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![[MISSING IMAGE: pg_exhibit16c8page9-4c.jpg]](pg_exhibit16c8page9-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –846.0% 45.1% 45.1% 45.2% 47.5% 46.8% 47.5% 47.5% 53.1% 48.0% 50.8%11.0% 12.5% 12.9% 13.1%2/11/25 Management Plan vs. Consensus: MarginsAdj.EBITDAMargin10.8% 11.3% 12.1% 13.0%5.0%9.8% UFCF as% ofRevenue# of Est. = 32024E 2025E 2026E# of Est. = 3 # of Est. = 2# of Est. = 3 # of Est. = 3 # of Est. = 1Mgmt. Mgmt. Mgmt.Mgmt. Mgmt. Mgmt.1 Valuation PerspectivesSource: Mangrove Management Plan provided on 1/15/25, Wall Street research and FactSet as of 2/11/25.Note: U.S. dollars in millions. Adj. EBITDA unburdened by stock-based compensation.

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![[MISSING IMAGE: pg_exhibit16c8page10-4c.jpg]](pg_exhibit16c8page10-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –9Preliminary Overview of Valuation MethodologiesDescription Range of closing share prices for Mangrove stock over the 52 weeks ending 5/2/24 (initial public proposal date) Price targets for Mangrove per recent Wall Street analyst research reports as of latest available date EBITDA unburdened by stock-based compensation expense Multiples applied to Mangrove Management Plan NTM EBITDA EBITDA unburdened by stock-based compensation expense Multiples applied to Mangrove Management Plan LTM EBITDA Mangrove Management Plan Weighted Average Cost of Capital of 8.3% – 9.5% Perpetuity growth rate of 2.5% – 3.0% Assumes utilization of NOLs starting in 2027E1 Valuation PerspectivesMethodologyTradingMultiplesPrecedentTransactionsForReferenceEV / LTMAdj. EBITDAAnalystPrice TargetsDiscounted CashFlow AnalysisIncluding Value of Tax Assets52-WeekTrading Range asof 5/2/24EV / NTMAdj. EBITDA52-WeekTrading Range asof 2/11/25 Range of closing share prices for Mangrove stock over the 52 weeks ending 2/11/25Source: Mangrove management, public filings, FactSet, and Bloomberg.Note: U.S. dollars in millions, except per share amounts. Balance sheet and fully diluted share count as of 12/31/24 per Mangrove management estimate. Share pricesrounded to nearest $0.05, except for 52-week trading range. NTM metrics reflect NTM as of 2/11/25.

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![[MISSING IMAGE: pg_exhibit16c8page11-4c.jpg]](pg_exhibit16c8page11-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –10$2.87$3.03$3.00$3.25$6.95$3.40$11.32$5.78$7.50$7.15$11.90$9.30Preliminary Mangrove Valuation AnalysisMethodology Relevant Metrics Implied Share Price Range5.5x – 7.0x LTM Adj.EBITDA of $289mm4.5x – 5.7x NTM Adj.EBITDA of $281mmLow (11/10/23) /High (5/3/23)(Initial Public Proposal Date)WACC: 8.3% – 9.5%PGR: 2.5% – 3.0%Low / High(Latest Available Reports)Revised Proposal2/11/25: $6.00TradingMultiplesPrecedentTransactionsForReferenceSource: Mangrove management, public filings, FactSet, and Bloomberg.Note: U.S. dollars in millions, except per share amounts. Balance sheet and fully diluted share count as of 12/31/24 per Mangrove management estimate. Share pricesrounded to nearest $0.05, except for 52-week trading range. NTM metrics reflect NTM as of 2/11/25.1 Valuation PerspectivesInitial Proposal5/2/24: $4.80EV / LTMAdj. EBITDAAnalystPrice TargetsDiscounted CashFlow AnalysisIncluding Value of Tax Assets52-WeekTrading Range asof 5/2/24EV / NTMAdj. EBITDA52-WeekTrading Range asof 2/11/25Low (3/19/24) /High (8/19/24)(Current)

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![[MISSING IMAGE: pg_exhibit16c8page12-4c.jpg]](pg_exhibit16c8page12-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –11Broker Price Target Valuation MethodologyDCF: 10.6% WACC, 1% PGR~5.0x 2025E EBITDA~5.0x 2025E EBITDA4.2x 2025E EBITDAMedian $4.90$7.50$5.00$4.80$3.00For Reference: Research Analyst Price TargetsSource: Wall Street research, Bloomberg and FactSet as of 2/11/25.(1) Broker updated recommendation to Sell rating on 12/4/24.(3/14/24)(1)(11/4/24)(8/26/24)(3/13/24)1 Valuation PerspectivesBuy Hold Sell

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![[MISSING IMAGE: pg_exhibit16c8page13-4c.jpg]](pg_exhibit16c8page13-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –12EV /Market '24E-'26E '25E EBITDA % B2C Customers Broadband '25E UFCF (2) NTM Homes TotalCompany TEV Cap. Sales CAGR Margin by Technology (1) Penetration % Revenue EBITDA Passed Subscribers$219.2 $135.4 +1.2% 30.9% 51% 21.3% 5.8x n.a. n.a.154.2 56.6 +0.7% 41.3% 55% 19.5% 6.8x 2,670 4,84519.7 5.0 (4.2%) 26.9% 12% (7.1%) 5.9x 5,064 19,90917.2 7.1 +2.6% 39.9% 20% (10.2%) 7.4x 1,861 6, 1273.9 1.6 (1.2%) 54.3% 39% 34.0% 4.7x 1,390 3, 9320.9 0.7 +13.6% 33.6% 33% (48.5%) 7.5x 1,789 5,763Mean $69.2 $34.4 +2.1% 37.8% 35.0% 1.5% 6.3x $2,555 $8,115Median $18.5 $6.1 +1.0% 36.8% 36.0% 6.2% 6.3x $1,861 $5,763Memo: Mangrove On Date of Initial Public ProposalConsensus(6) (2.3%) 43.8% 8.4% 4.5xMgmt. Plan(7) (4.6%) 47.5% 11.0% 4.4x$1.2 $0.3 25% $632 $2,49935%65%73%27%94%6%100%100%100%70%30%Selected Public Trading StatisticsCable Fiber Copper(5)1 Valuation Perspectives(3) (3)(4) (4)Source: Mangrove Management Plan and FactSet as of 2/11/25.Note: U.S. dollars in billions. Reflects calendarized financials. EBITDA unburdened by stock-based compensation. Financial estimates reflect mean broker estimates inUSD per FactSet. EBITDA figures reflect EBITDA estimates in USD per FactSet. Assumes market value of debt as of 2/11/25 for Lumen.(1) As of latest filing. (2) Unlevered free cash flow defined as EBITDA less capex. (3) Represents Fiber metrics. (4) Includes only Fiber enterprise value. Fiber LTMEBITDA disclosed as 65% of total EBITDA, which is used to calculate Copper EBITDA. Copper business valued at 5.0x LTM Copper EBITDA. (5) Reflects 2025EYoY growth due to lack of 2026E estimates. (6) Consensus estimates as of 5/2/24. Assumes DSO and balance sheet figures as of 3/31/24. (7) Based on MangroveManagement Plan received by Centerview on 1/15/25.

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![[MISSING IMAGE: pg_exhibit16c8page14-4c.jpg]](pg_exhibit16c8page14-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –130.0x2.0x4.0x6.0x8.0x10.0x12.0x14.0x16.0x18.0x20.0xMay-19 Nov-19 May-20 Nov-20 May-21 Nov-21 May-22 Nov-22 May-23 Nov-23 May-24 Nov-24Multiple Evolution Over TimeEV / NTM EBITDA – Five Years to Date of Initial Public Proposal6.7x11.8x4.5x6.4xMangrove Mult.on Date of InitialPublic Proposal(5/2/24)15.0x9.7x4.9xSource: FactSet as of 2/11/25.Note: Broadband peer median includes CABO, CHTR, CMCSA, FYBR, LUMN and SHEN. Initial public proposal date as of 5/2/24.1 Valuation PerspectivesAvg. EV / NTM EBITDA (to Date of Initial Public Proposal) Mangrove Broadband Peers S&P 500L5Y L2Y L1Y YTDMangrove 6.6x 5.6x 4.7x 4.5xBroadband Median 9.0x 7.1x 7.0x 6.8xMult. Prem / (Disc.) (2.4x) (1.5x) (2.4x) (2.4x)% Prem. / (Disc.) (27%) (21%) (34%) (35%)June 2021:Sale of Select Properties from Mangrove toAstound and Atlantic BroadbandNovember 2020:Sale of Astound to Stonepeak12.5x11.0x

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– Preliminary Working Draft – – Highly Confidential –14Ann. Date Target Acquiror Ent. ValueEV /LTM EBITDA5-Sep-24 Frontier Verizon $20,000 9.2x16-Oct-23 Consolidated Communication Searchlight 3,100 9.6x4-Aug-21 Lumen Apollo 7,500 5.5x13-Mar-20 Cincinnati Bell Macquarie 2,907 7.2x29-May-19 Frontier Searchlight 1,352 5.0x10-Jul-17 Hawaiian Telecom Cincinnati Bell 656 5.9x5-Feb-15 Verizon (Assets) Frontier 10,540 6.2xMean 6.9xMedian 6.2xSelected Precedent TransactionsSource: Public filings and materials, FactSet.Note: U.S. dollars in millions.1 Valuation Perspectives

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![[MISSING IMAGE: pg_exhibit16c8page16-4c.jpg]](pg_exhibit16c8page16-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –15PGR PGR2.50% 2.75% 3.00% 2.50% 2.75% 3.00%8.25% $7.45 $8.30 $9.30 6.3x 6.6x 7.0x8.88% 5.20 5.90 6.65 5.7x 6.0x 6.2x9.50% 3.40 3.95 4.55 5.2x 5.4x 5.7xWACCPreliminary Discounted Cash Flow AnalysisSource: Mangrove Management Plan and FactSet as of 2/11/25.Note: U.S. dollars in millions, except per share amounts. Assumes valuation date of 12/31/24, including 12/31/24 balance sheet and DSO per Mangrove Management. Includescash flows from Q1'25 onwards. Reflects mid-year convention discounting. Share price figures rounded to the nearest 5 cents. (1) Burdened by stock-basedcompensation. (2) UFCF conversion calculated as UFCF / Adj. EBITDA. (3) Includes utilization of net operating losses starting in 2027 per Management. (4) Multiplesbased on terminal year Adj. EBITDA.Implied Share Price(3) Implied Exit Multiple(4)1 Valuation PerspectivesFiscal Year Ending December 31, Terminal '25E - '29E2025 2026 2027 2028 2029 Year CAGRRevenue $585 $573 $592 $630 $672 $672 +3%% Growth (2%) +3% +6% +7%Adj. EBITDA(1) $266 $293 $317 $349 $376 $376 +9%% Growth +10% +8% +10% +8%% Margin 46% 51% 54% 55% 56% 56%(-) D&A (139) (140) (136) (169) (191) (200)Adj. EBIT $127 $153 $181 $181 $185 $176% Growth +20% +18% (0%) +2%% Margin 22% 27% 31% 29% 28% 26%(-) Taxes (32) (38) (45) (45) (46) (44)Tax Rate 25% 25% 25% 25% 25% 25%NOPAT $95 $115 $136 $135 $139 $132(+) D&A 139 140 136 169 191 200(-) Capex (214) (276) (269) (263) (262) (200)(-) Δ in NWC (15) (0) (5) 1 (4) –+/- Other (40) (14) (5) (6) (4) (4)Unlevered Free Cash Flow ($34) ($36) ($7) $37 $60 $128% Growth n.m. n.m. n.m. +65%% Conversion (2) (13%) (12%) (2%) 10% 16% 34%

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![[MISSING IMAGE: pg_exhibit16c8page17-4c.jpg]](pg_exhibit16c8page17-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –Today's Discussion1 Valuation Perspectives2 Appendix

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– Preliminary Working Draft – – Highly Confidential –17Peer Unlevered Beta WACC CalculationMarket Debt / Beta(1)Company Debt Cap. Equity Levered Unlevered Cost of EquityComcast $99,093 $135,390 73% 0.694 0.514 20Y U.S. Treasury Yield 4.8%Charter 93,933 56,642 166% 0.981 0.440 Unlevered Beta 0.50Frontier 11,249 7,117 158% 1.483 0.605 Target Debt / Equity 162%Lumen 16,602 5,037 330% 0.671 0.225 Levered Beta 1.107Cable One 3,488 1,643 212% 0.883 0.356 LT U.S. Historical Risk Premium(4) 7.3%Shenandoah 345 662 52% 0.302 0.385 Size Premium(5) 1.7%Peer Median 162% 0.788 0.412 Cost of Equity 14.6%Mangrove - Cons. (Unaff.) 935 326 286% 1.338 0.389Memo: Mangrove Two-Year Average Debt / Equity Ratio 140% 1.338 0.598 Cost of DebtPre-Tax Cost of Debt(7) 7.0%Tax Rate 25.0%After-Tax Cost of Debt 5.3%Memo: Debt / Capital 62%WACC(8) 8.8%Preliminary Mangrove WACC Analysis(6)(3)Source: Mangrove management, public filings, Bloomberg and FactSet as of 2/11/25.Note: U.S. dollars in millions. Mangrove balance sheet and share count figures as of Q1'24 filing on 3/31/24; Mangrove beta as of date of initial public proposal on 5/2/24.(1) Represents two-year adjusted weekly average beta. Unlevered betas assume 25.0% tax rate for each company. (2) As of unaffected date of 9/3/24. (3) Based onmarket value of debt as of 2/11/25. (4) Duff & Phelps, 2024. (5) Size premium reflects companies with market capitalization between $0.3bn and $0.7bn. (6) Reflectstwo-year average Debt / Equity. (7) Reflects BofA B corporate index effective yield. (8) WACC equals ((debt / capitalization \* (cost of debt \* (1 – tax rate))) +(equity / capitalization \* levered cost of equity)).(6)2 Appendix(2)WACC SensitivityDebt / Unlevered BetaEquity 0.41 0.45 0.49 0.52 0.56 0.60150% 8.3% 8.6% 8.8% 9.0% 9.3% 9.5%175% 8.4% 8.6% 8.8% 9.1% 9.3% 9.5%200% 8.4% 8.7% 8.9% 9.1% 9.4% 9.6%

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– Preliminary Working Draft – – Highly Confidential –18Mangrove NOL AnalysisSource: Mangrove management.Note: U.S. dollars in millions, except per share amounts. Mangrove balance sheet and share count as of 12/31/24 per Management. Assumes mid-year discounting.(1) Assumes U.S. federal tax rate of 21%.(2) NOLs applied to offset federal tax expense.Cash Flow Benefit of NOLsNOL CashFlowBenefit toMangrovePresentValue ofNOL CashFlowBenefit toMangrove2 AppendixFiscal Year Ending December 31, 2024 2025 2026 2027 2028 2029Mangrove NOL Usage – – – $103 $80 –(x) Mangrove Tax Rate (1) 21% 21% 21% 21% 21% 21%Mangrove Cash Tax Benefit – – – $22 $17 –Beginning NOL Balance $183 $183 $183 $183 $80 –(-) Mangrove NOL Usage(2) – – – (103) (80) –Ending NOL Balance $183 $183 $183 $80 – –Implied Value /Discount Rate PV of NOL Share8.25% $30.5 $0.358.88% 30.0 0.349.50% 29.5 0.34

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– Preliminary Working Draft – – Highly Confidential –19Peer Unsecured Yield-To-WorstSource: Mangrove management, public filings, Bloomberg and FactSet as of 2/11/25.Note: U.S. dollars in millions.(1) Reflects Mangrove Secured Super-Priority Credit Agreement Balance closed on 10/11/24.(2) Reflects S + 700 interest rate as of 2/11/25.2 AppendixCompany Unsecured Debt Unsecured Yield-To-Worst$5,530 10.0%1,570 7.2%23,247 6.6%750 6.1%96,407 5.2%– n.a.Memo:Most-Recent Mangrove Issuance: Super-Priority Facility $200S + 70011.3%(1)(2)

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## Ex-16.(C)(Ix)

#### Exhibit 16(c)(ix)
![[MISSING IMAGE: pg_exhibit16c9page1-4clr.jpg]](pg_exhibit16c9page1-4clr.jpg)

Revolver Extension Business Term SheetMay30, 2025STRICTLY PRIVATE & CONFIDENTIALConfidential Treatment Requested on 1 page, confidentialinformation filed separately with the SEC

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proprietary and confidential2Illustrative Revolver Extension Business Terms6-MonthExtensionTermsAmend andExtend(Until June 2028) In the event the deal does not close,this appropriately covers the companyfor the time it has expended seeking adeal favorable to revolving lenders Fee is appropriate compensation givenshort term extension and the eventualneed to renegotiate a longer termextension if the M&A transaction doesnot close Would be a credit enhancingtransaction for revolving lenders:– Higher equity value pro forma forthe deal (lower implied LTV)– Additional primary equityinvestment contemplated byreputable sponsorbps fee on revolvercommitment amount(earned and payable onsigning)RationaleInitial PositionOutside PositionDescription6-month extension of theexisting revolver maturity,granted at signing, that is notcontingent on the deal closing(replaced with June 2028 A&Ein the event of a deal closingwith the buyer)Longer term amendamend-andand-extend of the revolvermaturity , contingent on theM&A deal's closingbps fee on revolvercommitment amount(earned and payable onmerger closing)bps rate increasebps rate increasebps fee on revolvercommitment amount(earned and payable onmerger closing)

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## Ex-16.(C)(X)

#### Exhibit 16(c)(x)
![[MISSING IMAGE: pg_exhibit16c10page1-4c.jpg]](pg_exhibit16c10page1-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –May 30th, 2025Project MangroveConfidential Discussion MaterialsPrepared for the Special Committee of the Board of Directors

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– Preliminary Working Draft – – Highly Confidential –1DisclaimerThis presentation has been prepared by Centerview Partners LLC ("Centerview") for use solely by the Special Committee of the Board of Directors of Mangrove inconnection with its evaluation of a proposed sale of Mangrove and for no other purpose. The information contained herein is based upon information supplied by oron behalf of Mangrove and publicly available information, and portions of the information contained herein may be based upon statements, estimates and forecastsprovided by Mangrove. Centerview has relied upon the accuracy and completeness of the foregoing information, and has not assumed any responsibility for anyindependent verification of such information or for any independent evaluation or appraisal of any of the assets or liabilities (contingent or otherwise) of Mangrove orany other entity, or concerning the solvency or fair value of Mangrove or any other entity. With respect to financial forecasts, Centerview has assumed that suchforecasts have been reasonably prepared on bases reflecting the best currently available estimates and judgments of the management of Mangrove as to the futurefinancial performance of Mangrove, and at your direction Centerview has relied upon such forecasts, as provided by Mangrove's management, with respect toMangrove. Centerview assumes no responsibility

for and expresses no view as to such forecasts or the assumptions on which they are based. The information setforth herein is based upon economic, monetary, market and other conditions as in effect on, and the information made available to us as of, the date hereof, unlessindicated otherwise and Centerview assumes no obligation to update or otherwise revise thesematerials.The financial analysis in this presentation is complex and is not necessarily susceptible to a partial analysis or summary description. In performing this financialanalysis, Centerview has considered the results of its analysis as a whole and did not necessarily attribute a particular weight to any particular portion of the analysisconsidered. Furthermore, selecting any portion of Centerview's analysis, without considering the analysis as a whole, would create an incomplete view of the processunderlying its financial analysis. Centerview may have deemed various assumptions more or less probable than other assumptions, so the reference ranges resultingfrom any particular portion of the analysis described above should not be taken to be Centerview's view of the actual value of Mangrove.These materials and the information contained herein are confidential, were not prepared with a view toward public disclosure, and may not be disclosed publicly ormade available to third parties without the prior written consent of Centerview. These materials and any other advice, written or oral, rendered by Centerview areintended solely for the benefit and use of the Special Committee of the Board of Directors of Mangrove (in its capacity as such) in its consideration of the proposedtransaction, and are not for the benefit of, and do not convey any rights or remedies for any holder of securities of Mangrove or any other person. Centerview willnot be responsible for and has not provided any tax, accounting, actuarial, legal or other specialist advice. Thesematerials are not intended to provide the sole basisfor evaluating the proposed transaction, and this presentation does not represent a fairness opinion, recommendation, valuation or opinion of any kind, and isnecessarily incomplete and should be viewed solely in conjunction with the oral presentation provided by Centerview.

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– Preliminary Working Draft – – Highly Confidential –2Overview of Joint Bidders' May 11th Revised Verbal Proposal (Reaffirmed May 20th)▪ $5.80 per share in cash for all outstanding shares of Mangrovecommon stock not currently owned by Crestview– Represents a +33% premium to the May 27th price of $4.35 and a+53% premium to the price prior to the initial public proposalof $3.79▪ Buyer has stated that it is unwilling to sign a merger agreementwithout obtaining a concurrent extension of the Company'srevolving credit facilityVerbalProposal▪ Non-waivable condition requires:– Approval and recommendation to board by Special Committee,as advised by independent legal and financial advisors– Approval of Mangrove Board of Directors▪ Assumes the current debt financing at Mangrove remains in placeafter transaction close▪ Equity financing will be funded by the rollover of Crestview's existing37.0% ownership and new equity to be provided by DigitalBridge▪ Completion of customary due diligenceFor Reference:Other KeyTerms fromInitialProposalFor Reference:CertainConditionsOutlined InInitialProposalProposal Overview Implied Offer Range MetricsSource: DigitalBridge's non-binding revised proposal received on 5/11/25, MangroveManagement Plan as of 1/15/25 and FactSet as of 5/27/25.Note: U.S. dollars in millions, except per share amounts. EBITDA figures reflectEBITDA estimates in USD per FactSet.(1) Assumes DSO per Mangrove management as of 5/25/25.(2) Reflects balance sheet as of 3/31/25. Includes debt issuance closed in Q1'25.(3) Reflects NTM Adj. EBITDA as of 5/27/25.Share Price $5.80x DSO(1) 86.8Implied Equity Value $503(+) Debt(2) 1,053(-) Cash(2) (29)Implied Enterprise Value $1,527Mangrove Management PlanEV / Adj. EBITDA2025E $278 5.5xNTM(3) 289 5.3xMangrove ConsensusEV / Adj. EBITDA2025E $283 5.4xNTM(3) 281 5.4xOffer Price % Prem. / (Disc.) as of Unaffected Date:5/2/24 $3.79 +53%L52-Week High 11.32 (49%)L52-Week Low 2.87 +102%30-Day VWAP 3.59 +62%60-Day VWAP 3.52 +65%90-Day VWAP 3.57 +62%Offer Price % Prem. / (Disc.) as of Current:5/27/25 $4.35 +33%L52-Week High 5.78 +0%L52-Week Low 4.12 +41%30-Day VWAP 4.33 +34%60-Day VWAP 4.52 +28%90-Day VWAP 4.51 +29%

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– Preliminary Working Draft – – Highly Confidential –3Share Price Performance Over TimeMangrove Unaffected 52-Week High(1)(5/3/23): $11.32Source: FactSet as of 5/27/25.Note: Prices indexed to Mangrove as of 5/2/19. Broadband peers include CABO, CHTR, CMCSA, LUMN and SHEN. Initial public proposal date as of 5/2/24.(1) As of one-day prior to initial public proposal.(2) As of 5/27/25.$7.99$3.79(70%()5 3%)Current:Mangrove on Date ofInitial Public ProposalIndexed Share Price Performance – Five Years Prior to Date of Initial Public Proposal$4.35(46%)Mangrove Unaffected 52-Week Low(1)(11/10/23): $2.87Mangrove Broadband Peers S&P 500Mangrove Current 52-Week High(2)(8/19/24): $5.78Mangrove Current 52-Week Low(2)(4/21/25): $4.12+88%March 2022:First Fed rate hike post-pandemicMay 2022:Reported Q1'22 Results, DoubledGreenfield Expansion Plans November 2023:Reported Q3'23 ResultsMay 2023:Reported Q1'23 ResultsNovember 2022:Reported Q3'22 ResultsAugust 2022:Reported Q2'22 ResultsMay 2025:Reported Q1'25 Results$0$5$10$15$20$25May-19 Nov-19 May-20 Nov-20 May-21 Nov-21 May-22 Nov-22 May-23 Nov-23 May-24 Nov-24 May-25

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– Preliminary Working Draft – – Highly Confidential –45 Year Management Plan SummarySource: Mangrove management.Note: U.S. dollars in millions. Reflects management forecast received by Centerview on 01/15/2025.(1) Burdened by Stock-Based Compensation.(2) Includes Non-EBITDA Severance, Non-Recurring & Integration Expenses, and Other Expenses.Historicals Projections2022 2023 2024 2025 2026 2027 2028 2029Revenue $705 $687 $630 $585 $573 $592 $630 $672% Growth (3%) (8%) (7%) (2%) +3% +6% +7%% Fiber 1% 4% 7% 11% 15% 19%Adj. EBITDA(1) $254 $259 $279 $266 $293 $317 $349 $376% Growth +2% +8% (4%) +10% +8% +10% +8%% Margin 36% 38% 44% 46% 51% 54% 55% 56%(-) D&A (139) (140) (136) (169) (191)Adj. EBIT $127 $153 $181 $181 $185% Growth +20% +18% (0%) +2%% Margin 22% 27% 31% 29% 28%(-) Taxes (32) (38) (45) (45) (46)Tax Rate 25% 25% 25% 25% 25%NOPAT $95 $115 $136 $135 $139(+) D&A 139 140 136 169 191(-) Capex (214) (276) (269) (263) (262)(-) Δ in NWC (15) (0) (5) 1 (4)(-) Other(2) (40) (14) (5) (6) (4)Unlevered Free Cash Flow ($34) ($36) ($7) $37 $60% Growth n.m. n.m. n.m. n.m. +65%% Conversion (13%) (12%) (2%) 10% 16%

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– Preliminary Working Draft – – Highly Confidential –5$304$260 $265 $294$573$516 $530 $567$278 $274 $277 $2901/15/25 Management Plan vs. Consensus: Select P&L Items$29$52$76 $81Source: Mangrove Management Plan provided on 1/15/25, Wall Street research and FactSet as of 5/27/25.Note: U.S. dollars in millions. Adj. EBITDA unburdened by stock-based compensation.$64$74$84 $95$585 $569 $575 $583RevenueAdj.EBITDAUFCF(EBITDAlessCapex)# of Est. = 3# of Est. = 3# of Est. = 32025E 2026E# of Est. = 3# of Est. = 3# of Est. = 3Mgmt. Mgmt.Mgmt. Mgmt.Mgmt. Mgmt.

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– Preliminary Working Draft – – Highly Confidential –653.1% 45.1% 46.5% 50.3%5.0%9.0%13.4% 13.9%11.0%12.8%14.8%16.3%47.5% 47.6% 48.6% 49.7%1/15/25 Management Plan vs. Consensus: MarginsAdj.EBITDAMarginUFCF as% ofRevenue# of Est. = 3 # of Est. = 3# of Est. = 3 # of Est. = 3Mgmt. Mgmt.Mgmt. Mgmt.Source: Mangrove Management Plan provided on 1/15/25, Wall Street research and FactSet as of 5/27/25.Note: U.S. dollars in millions. Adj. EBITDA unburdened by stock-based compensation.2025E 2026E

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– Preliminary Working Draft – – Highly Confidential –7Overview of Valuation MethodologiesDescription▪ Range of closing share prices for Mangrove stock over the 52 weeks ending 5/2/24 (initial public proposal date)▪ Price targets for Mangrove per recent Wall Street analyst research reports as of latest available date▪ EBITDA unburdened by stock-based compensation expense▪ Multiples applied to Mangrove Management Plan NTM EBITDA▪ EBITDA unburdened by stock-based compensation expense▪ Multiples applied to Mangrove Management Plan LTM EBITDA▪ Mangrove Management Plan▪ Weighted Average Cost of Capital of 8.0% – 9.0%▪ Terminal EV / NTM EBITDA of 5.0x – 6.5x▪ Assumes utilization of NOLs starting in 2027EMethodologyTradingMultiplesPrecedentTransactionsForReferenceEV / LTMAdj. EBITDAAnalystPrice TargetsDiscounted CashFlow AnalysisIncluding Value of Tax Assets52-WeekTrading Range asof 5/2/24EV / NTMAdj. EBITDA52-WeekTrading Range asof 5/27/25▪ Range of closing share prices for Mangrove stock over the 52 weeks ending 5/27/25Source: Mangrove management, public filings, FactSet, and Bloomberg.Note: U.S. dollars in millions, except per share amounts. Balance sheet as of 3/31/25 per company filings. DSO per Mangrove management, provided on 5/25/25. Shareprices rounded to nearest $0.05, except for 52-week trading range. NTM metrics reflect NTM as of 5/27/25.

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![[MISSING IMAGE: pg_exhibit16c10page9-4clr.jpg]](pg_exhibit16c10page9-4clr.jpg)

– Preliminary Working Draft – – Highly Confidential –8$2.87$4.12$3.00$3.15$6.25$2.95$11.32$5.78$7.50$7.30$11.20$8.15Mangrove Valuation AnalysisMethodology Relevant Metrics Implied Share Price Range5.5x – 7.0x LTM Adj.EBITDA of $285mm4.5x – 5.7x NTM Adj.EBITDA of $289mmLow (11/10/23) /High (5/3/23)(Initial Public Proposal Date)WACC: 8.0% – 9.0%Terminal EBITDA Mult. : 5.0x – 6.5xLow / High(Latest Available Reports)TradingMultiplesPrecedentTransactionsForReferenceInitial Proposal5/2/24: $4.80EV / LTMAdj. EBITDAAnalystPrice TargetsDiscounted CashFlow AnalysisIncluding Value of Tax Assets52-WeekTrading Range asof 5/2/24EV / NTMAdj. EBITDA52-WeekTrading Range asof 5/27/25Low (4/21/25) /High (8/19/24)(Current)Latest Proposal5/11/25: $5.80Source: Mangrove management, public filings, FactSet, and Bloomberg.Note: U.S. dollars in millions, except per share amounts. Balance sheet as of 3/31/25 per company filings. DSO per Mangrove management, provided on 5/25/25. Shareprices rounded to nearest $0.05, except for 52-week trading range. NTM metrics reflect NTM as of 5/27/25.

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– Preliminary Working Draft – – Highly Confidential –9Broker Price Target Valuation MethodologyDCF: 11.8% WACC, 1% PGR~5.0x 2025E EBITDA~5.0x NTM EBITDA4.2x 2025E EBITDAMedian $4.90$7.50$5.00$4.80$3.00For Reference: Research Analyst Price TargetsSource: Wall Street research, Bloomberg and FactSet as of 5/27/25.(5/7/25)(3/14/24)(3/14/25)(3/13/24)Buy Hold Sell

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– Preliminary Working Draft – – Highly Confidential –10EV /Market '24A-'26E '25E EBITDA % B2C Customers Broadband '25E UFCF (2) NTM Homes TotalCompany TEV Cap. Sales CAGR Margin by Technology (1)Penetration % Revenue EBITDA Passed Subscribers$215.3 $132.7 +1.0% 30.8% 50% 21.5% 5.7x n.a. n.a.163.1 65.9 +1.0% 41.6% 58% 20.0% 7.0x 2,869 5,18318.4 4.0 (4.6%) 26.9% 12% (6.8%) 5.4x 4,392 17, 1273.6 0.9 (2.6%) 53.1% 37% 33.1% 4.5x 1,258 3, 6371.1 0.7 +9.5% 32.4% 30% (41.6%) 8.9x 1,890 6,268Mean $80.3 $40.8 +0.9% 37.0% 37.3% 5.2% 6.3x $2,602 $8,054Median $18.4 $4.0 +1.0% 32.4% 37.1% 20.0% 5.7x $2,379 $5,726Memo: Mangrove On Date of Initial Public ProposalConsensus(7) (2.3%) 43.8% 8.4% 4.5xMgmt. Plan(8) (4.6%) 47.5% 11.0% 4.3x$1.2 $0.3 24% $631 $2,585Selected Public Trading StatisticsCable Fiber Copper(4) (4)Source: Mangrove Management Plan and FactSet as of 5/27/25.Note: U.S. dollars in billions. Reflects calendarized financials. EBITDA unburdened by stock-based compensation. Financial estimates reflect mean broker estimates inUSD per FactSet. EBITDA figures reflect EBITDA estimates in USD per FactSet. Assumes market value of debt as of 5/21/25 for Lumen, reflecting unaffecteddate. (1) As of latest filing. (2) Unlevered free cash flow defined as EBITDA less capex. (3) As of unaffected date of 5/21/25. (4) Represents Fiber metrics. (7)Consensus estimates as of 5/2/24. Assumes DSO and balance sheet figures as of 3/31/24. (8) Based on Mangrove Management Plan received by Centerview on1/15/25.44%56%100%100%100%62%38%94%6%(3)

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– Preliminary Working Draft – – Highly Confidential –110.0x2.0x4.0x6.0x8.0x10.0x12.0x14.0x16.0x18.0x20.0xMay-19 Nov-19 May-20 Nov-20 May-21 Nov-21 May-22 Nov-22 May-23 Nov-23 May-24 Nov-24 May-25Multiple Evolution Over TimeEV / NTM EBITDA – Five Years to Date of Initial Public Proposal6.7x12.1x4.5x5.9xMangrove Mult.on Date of InitialPublic Proposal(5/2/24)14.7x9.7x4.9xSource: FactSet as of 5/27/25.Note: Broadband peer median includes CABO, CHTR, CMCSA, LUMN and SHEN. Initial public proposal date as of 5/2/24.Mangrove Broadband Peers S&P 500June 2021:Sale of Select Properties from Mangrove toAstound and Atlantic BroadbandNovember 2020:Sale of Astound to Stonepeak12.5x11.0xAvg. EV / NTM EBITDA (to Date of Initial Public Proposal) R 2 vs. 20-Year TreasuryL5Y L2Y L1Y YTDMangrove 6.6x 5.6x 4.7x 4.5xBroadband Median 9.1x 7.3x 7.1x 6.9xMult. Prem / (Disc.) (2.5x) (1.7x) (2.4x) (2.4x)% Prem. / (Disc.) (28%) (23%) (34%) (35%)

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– Preliminary Working Draft – – Highly Confidential –12Selected Precedent TransactionsSource: Public filings and materials, FactSet.Note: U.S. dollars in millions.(1) Reflects the agreed upon premium paid as of the 3/23/2020 merger agreement with Macquarie vs. the unaffected date of 12/20/2019. Original offer fromBrookfield submitted on 12/23/2019 represented a 36% premium vs. the unaffected date of 12/20/2019.(1)Ann. Date Target Acquiror Ent. ValueEV /LTM EBITDAFor Reference:Premium PaidAboveUnaffected16-May-25 Cox Communications Charter Communications $34,500 6.4x n.a.5-Sep-24 Frontier Verizon 20,000 9.2x 37%16-Oct-23 Consolidated Communication Searchlight 3,100 9.6x 70%4-Aug-21 Lumen Apollo 7,500 5.5x n.a.13-Mar-20 Cincinnati Bell Macquarie 2,907 7.2x 101%29-May-19 Frontier Searchlight 1,352 5.0x n.a.10-Jul-17 Hawaiian Telecom Cincinnati Bell 656 5.9x 26%5-Feb-15 Verizon (Assets) Frontier 10,540 6.2x n.a.Mean 6.9x 59%Median 6.3x 54%

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![[MISSING IMAGE: pg_exhibit16c10page14-4c.jpg]](pg_exhibit16c10page14-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –13Discounted Cash Flow AnalysisSource: Mangrove Management Plan and FactSet as of 5/27/25.Note: U.S. dollars in millions, except per share amounts. Assumes valuation date of 3/31/25, including 3/31/25 balance sheet per company filings and DSO per MangroveManagement provided on 5/25/25. Includes cash flows from Q2'25 onwards. Reflects mid-year convention discounting. Share price figures rounded to the nearest 5cents. (1) Burdened by stock-based compensation. (2) UFCF conversion calculated as UFCF / Adj. EBITDA. (3) Includes utilization of net operating losses starting in 2027per Management.Implied Share Price(3) Implied PGRFiscal Year Ending December 31, Terminal '25E - '29E2025 2026 2027 2028 2029 Year CAGRRevenue $585 $573 $592 $630 $672 $672 +3%% Growth (2%) +3% +6% +7%Adj. EBITDA(1) $266 $293 $317 $349 $376 $376 +9%% Growth +10% +8% +10% +8%% Margin 46% 51% 54% 55% 56% 56%(-) D&A (139) (140) (136) (169) (191) (200)Adj. EBIT $127 $153 $181 $181 $185 $176% Growth +20% +18% (0%) +2%% Margin 22% 27% 31% 29% 28% 26%(-) Taxes (32) (38) (45) (45) (46) (44)Tax Rate 25% 25% 25% 25% 25% 25%NOPAT $95 $115 $136 $135 $139 $132(+) D&A 139 140 136 169 191 200(-) Capex (214) (276) (269) (263) (262) (200)(-) Δ in NWC (15) (0) (5) 1 (4) –+/- Other (40) (14) (5) (6) (4) (4)Unlevered Free Cash Flow ($34) ($36) ($7) $37 $60 $128% Growth n.m. n.m. n.m. +65%% Conversion (2) (13%) (12%) (2%) 10% 16% 34%Exit Multiple Exit Multiple5.0x 5.8x 6.5x 5.0x 5.8x 6.5x8.0% $3.60 $5.90 $8.15 0.8% 1.7% 2.4%8.5% 3.30 5.50 7.70 1.3% 2.2% 2.9%9.0% 2.95 5.10 7.25 1.7% 2.6% 3.3%WACC

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– Preliminary Working Draft – – Highly Confidential –14Peer Unlevered Beta WACC CalculationMarket Debt / Beta(1)Company Debt Cap. Equity Levered Unlevered Cost of EquityComcast $99,122 $132,660 75% 0.560 0.453 20Y U.S. Treasury Yield 5.0%Charter 93,769 65,892 142% 0.810 0.423 Unlevered Beta 0.37Lumen 16,330 4,016 407% 0.647 0.189 Target Debt / Equity 175%Cable One 3,546 929 382% 0.431 0.161 Levered Beta 0.861Shenandoah 515 695 74% 0.076 0.247 LT U.S. Historical Risk Premium(4) 7.3%Peer Median 142% 0.560 0.247 Size Premium(5) 1.7%Peer Average 216% 0.505 0.294 Cost of Equity 13.0%Mangrove - Cons. (Unaff.) 935 326 286% 1.338 0.389Memo: Mangrove Two-Year Average D / E Ratio (Unaff.) 140% 1.338 0.598 Cost of DebtPre-Tax Cost of Debt(7) 7.4%Tax Rate 25.0%After-Tax Cost of Debt 5.6%Memo: Debt / Capital 64%WACC(8) 8.3%Mangrove WACC Analysis(6)Source: Mangrove management, public filings, Bloomberg and FactSet as of 5/27/25.Note: U.S. dollars in millions. Mangrove balance sheet as of Q1'25 filings and DSO per company management provided om 5/25/25; Mangrove beta as of date of initialpublic proposal on 5/2/24. (1) Represents two-year weekly average levered raw and unlevered adjusted beta. Unlevered betas assume 25.0% tax rate for eachcompany. (2) As of unaffected date of 5/21/25. (3) Based on market value of debt as of unaffected date of 5/21/25. (4) Duff & Phelps, 2024. (5) Size premium reflectscompanies with market capitalization between $0.3bn and $0.6bn. (6) Reflects two-year average Debt / Equity. (7) Reflects BofA B corporate index effective yield.(8) WACC equals ((debt / capitalization \* (cost of debt \* (1 – tax rate))) + (equity / capitalization \* levered cost of equity)).(6)(2) (3)WACC Sensitivity WACC SensitivityDebt / Unlevered BetaEquity 0.29 0.33 0.36 0.39 0.42 0.45150% 7.8% 8.0% 8.2% 8.4% 8.6% 8.8%175% 7.9% 8.1% 8.3% 8.5% 8.7% 8.9%200% 8.0% 8.2% 8.4% 8.5% 8.7% 8.9%225% 8.1% 8.3% 8.5% 8.6% 8.8% 9.0%

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– Preliminary Working Draft – – Highly Confidential –15Memo:NTM EBITDA $293 $317 $349 $376(x) EV / EBITDA 4.5x - 5.7xImplied TEV $1,317 - $1,681 $1,428 - $1,823 $1,571 - $2,006 $1,691 - $2,159(-) Debt (1,296) (1,426) (1,436) (1,427)+ Cash 28 16 30 30Implied Eq. Value $50 - $414 $18 - $413 $165 - $599 $293 - $761(/) DSO 86.8 88.8 90.4 91.5FSP $0.57 - $4.77 $0.18 - $4.70 $1.54 - $6.74 $2.68 - $8.50$0.53$0.15$1.13$1.75$4.35$3.80$4.82$5.38For Reference: Future Share Price AnalysisSource: Mangrove Management Plan and FactSet as of 5/27/25.Note: U.S. dollars in millions, except per share amounts. Assumes present value as of 3/31/25, including 3/31/25 balance sheet per company filings. (1) Burdened by stock-basedcompensation. (2) In line with trading multiples. (3) Reflects DSO per Mangrove Management provided on 5/25/25; assumes ~$6mm of share issuance in line with latestdisclosed figures (~1.5mm shares @$3.69/share) and share repurchase in line with management plan.Present Value of Future Share Price @13% Cost of EquityYE 2025 YE 2026 YE 2027 YE 2028Latest Proposal: $5.80Current Share Price: $4.35(1)(2)(3)

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– Preliminary Working Draft – – Highly Confidential –16Mangrove NOL AnalysisSource: Mangrove management.Note: U.S. dollars in millions, except per share amounts. Mangrove balance sheet per company filings on 3/31/25 and DSO per Mang rove Management provided on5/25/25. Assumes mid-year discounting.(1) Assumes U.S. federal tax rate of 21%.(2) NOLs applied to offset federal tax expense based on usage from Management.Cash Flow Benefit of NOLsNOL CashFlowBenefit toMangrovePresentValue ofNOL CashFlowBenefit toMangroveFiscal Year Ending December 31, 2024 2025 2026 2027 2028 2029Mangrove NOL Usage – – – $103 $80 –(x) Mangrove Tax Rate (1) 21% 21% 21% 21% 21% 21%Mangrove Cash Tax Benefit – – – $22 $17 –Beginning NOL Balance $183 $183 $183 $183 $80 –(-) Mangrove NOL Usage(2) – – – (103) (80) –Ending NOL Balance $183 $183 $183 $80 – –Implied Value /Discount Rate PV of NOL Share8.00% $31.3 $0.368.50% 30.9 0.369.00% 30.5 0.35

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– Preliminary Working Draft – – Highly Confidential –17Company Unsecured Debt Unsecured Yield-To-Worst$4,740 9.6%1,570 9.0%23,249 6.1%99,361 5.3%– n.a.Memo:Mangrove Super-Priority Facility $915 12.2%Peer Unsecured Yield-To-WorstSource: Mangrove management, public filings, Bloomberg and FactSet as of 5/27/25.Note: U.S. dollars in millions.(1) Reflects Mangrove Secured Super-Priority outstanding balance.(1)

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## Ex-16.(C)(Xi)

#### Exhibit 16(c)(xi)
![[MISSING IMAGE: pg_exhibit16c11page1-4clr.jpg]](pg_exhibit16c11page1-4clr.jpg)

Lender Process UpdateAugust 5, 2025STRICTLY PRIVATE & CONFIDENTIALConfidential Treatment Requested on 1 page, confidentialinformation filed separately with the SEC

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proprietary and confidential2Update on Revolver Extension Process▪DigitalBridge ("DB") is working with Morgan Stanley to negotiate a revolver extension▪The revolver extension is structured in two parts–1) 6-month extension (June 2027) of the existing revolver maturity, granted at signing of an M&A transaction, that is not contingent on the deal closing–2) a longer term (September 2028 maturity) amend and extend of the revolver maturity, contingent on the M&A deal's closing▪▪On July 8th, DB and WOW! management conducted a management presentation to on the business and financial forecast▪Morgan Stanley also reached-out to wall-cross , although execution of the wall cross took several days▪DigitalBridge provided a proposed term sheet to all lenders, reflecting a small fee and no change in spread▪It is Centerview'sunderstanding that is working with and they collectively have provided a term sheet mark-up to DigitalBridge;▪DigitalBridge has continued negotiations with the group over the last several days and is believed to be close to agreement on terms▪Morgan Stanley is considering alternative replacement lenders Process UpdateRevolver HoldingsLender$ Holding

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## Ex-16.(C)(Xii)

#### Exhibit 16(c)(xii)
![[MISSING IMAGE: pg_exhibit16c12page1-4c.jpg]](pg_exhibit16c12page1-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –August 10, 2025Project MangroveConfidential Discussion MaterialsPrepared for the Special Committee of the Board of Directors

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– Preliminary Working Draft – – Highly Confidential –1DisclaimerThis presentation has been prepared by Centerview Partners LLC ("Centerview") for use solely by the Special Committee of the Board of Directors of Mangrove inconnection with its evaluation of a proposed sale of Mangrove and for no other purpose. The information contained herein is based upon information supplied by oron behalf of Mangrove and publicly available information, and portions of the information contained herein may be based upon statements, estimates and forecastsprovided by Mangrove. Centerview has relied upon the accuracy and completeness of the foregoing information, and has not assumed any responsibility for anyindependent verification of such information or for any independent evaluation or appraisal of any of the assets or liabilities (contingent or otherwise) of Mangrove orany other entity, or concerning the solvency or fair value of Mangrove or any other entity. With respect to financial forecasts, Centerview has assumed that suchforecasts have been reasonably prepared on bases reflecting the best currently available estimates and judgments of the management of Mangrove as to the futurefinancial performance of Mangrove, and at your direction Centerview has relied upon such forecasts, as provided by Mangrove's management, with respect toMangrove. Centerview assumes no responsibility

for and expresses no view as to such forecasts or the assumptions on which they are based. The information setforth herein is based upon economic, monetary, market and other conditions as in effect on, and the information made available to us as of, the date hereof, unlessindicated otherwise and Centerview assumes no obligation to update or otherwise revise these materials.The financial analysis in this presentation is complex and is not necessarily susceptible to a partial analysis or summary description. In performing this financialanalysis, Centerview has considered the results of its analysis as a whole and did not necessarily attribute a particular weight to any particular portion of the analysisconsidered. Furthermore, selecting any portion of Centerview's analysis, without considering the analysis as a whole, would create an incomplete view of the processunderlying its financial analysis. Centerview may have deemed various assumptions more or less probable than other assumptions, so the reference ranges resultingfrom any particular portion of the analysis described above should not be taken to be Centerview's view of the actual value of Mangrove.These materials and the information contained herein are confidential, were not prepared with a view toward public disclosure, and may not be disclosed publicly ormade available to third parties without the prior written consent of Centerview. These materials and any other advice, written or oral, rendered by Centerview areintended solely for the benefit and use of the Special Committee of the Board of Directors of Mangrove (in its capacity as such) in its consideration of the proposedtransaction, and are not for the benefit of, and do not convey any rights or remedies for any holder of securities of Mangrove or any other person. Centerview willnot be responsible for and has not provided any tax, accounting, actuarial, legal or other specialist advice. These materials are not intended to provide the sole basisfor evaluating the proposed transaction, and this presentation does not represent a fairness opinion, recommendation, valuation or opinion of any kind, and isnecessarily incomplete and should be viewed solely in conjunction with the oral presentation provided by Centerview.

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– Preliminary Working Draft – – Highly Confidential –2Overview of OfferSource: DigitalBridge's non-binding revised proposal received on 8/8/25, MangroveManagement Plan as of 1/15/25 and FactSet as of 8/8/25.Note: U.S. dollars in millions, except per share amounts. EBITDA figures reflectEBITDA estimates in USD per FactSet.(1) Assumes DSO per Mangrove management as of 8/7/25.(2) Reflects balance sheet as of 6/30/25.(3) Reflects NTM Adj. EBITDA as of 8/8/25.(4) Unaffected date of 5/2/2024, prior to the date that DB and Crestviewpublicly announced the initial proposal.Implied Offer Range MetricsShare Price $5.20x DSO(1) 86.9Implied Equity Value $452(+) Debt(2) 1,071(-) Cash(2) (32)Implied Enterprise Value $1,490Mangrove Management Plan MetricEV / Adj. EBITDA2025E $278 5.4xNTM(3) 294 5.1xMangrove ConsensusEV / Adj. EBITDA2025E $279 5.3xNTM(3) 277 5.4xOffer Price % Prem. / (Disc.) as of Unaffected Date:5/2/24 $3.79 +37%L52-Week High 11.32 (54%)L52-Week Low 2.87 +81%30-Day VWAP 3.59 +45%60-Day VWAP 3.52 +48%90-Day VWAP 3.57 +46%Offer Price % Prem. / (Disc.) as of Current:8/8/25 $3.19 +63%L52-Week High 5.78 (10%)L52-Week Low 3.17 +64%30-Day VWAP 3.65 +43%60-Day VWAP 3.87 +34%90-Day VWAP 4.08 +27%(4)

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– Preliminary Working Draft – – Highly Confidential –3$0$5$10$15$20$25Aug-20 Feb-21 Aug-21 Feb-22 Aug-22 Feb-23 Aug-23 Feb-24 Aug-24 Feb-25 Aug-25Share Price Performance Over TimeSource: FactSet as of 8/8/25.Note: Prices indexed to Mangrove as of 8/7/20. Broadband peers include CABO, CHTR, CMCSA, LUMN and SHEN.$6.47(71%)Current:Indexed Share Price Performance – Last Five Years$3.19(51%)Mangrove Broadband Peers S&P 500Mangrove Current 52-Week High(8/19/24): $5.78Mangrove Current 52-Week Low(8/7/25): $3.17+91%March 2022:First Fed rate hike post-pandemicMay 2022:Reported Q1'22 Results, DoubledGreenfield Expansion Plans November 2023:Reported Q3'23 ResultsMay 2023:Reported Q1'23 ResultsNovember 2022:Reported Q3'22 ResultsAugust 2022:Reported Q2'22 ResultsMay 2025:Reported Q1'25 Results

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– Preliminary Working Draft – – Highly Confidential –45 Year Management Plan SummarySource: Mangrove management.Note: U.S. dollars in millions. Reflects management forecast received by Centerview on 01/15/2025.(1) Burdened by Stock-Based Compensation.(2) Includes Non-EBITDA Severance, Non-Recurring & Integration Expenses, and Other Expenses.Historicals Projections2022 2023 2024 2025 2026 2027 2028 2029Revenue $705 $687 $630 $585 $573 $592 $630 $672% Growth (3%) (8%) (7%) (2%) +3% +6% +7%% Fiber 1% 4% 7% 11% 15% 19%Adj. EBITDA(1) $254 $259 $279 $266 $293 $317 $349 $376% Growth +2% +8% (4%) +10% +8% +10% +8%% Margin 36% 38% 44% 46% 51% 54% 55% 56%(-) D&A (139) (140) (136) (169) (191)Adj. EBIT $127 $153 $181 $181 $185% Growth +20% +18% (0%) +2%% Margin 22% 27% 31% 29% 28%(-) Taxes (32) (38) (45) (45) (46)Tax Rate 25% 25% 25% 25% 25%NOPAT $95 $115 $136 $135 $139(+) D&A 139 140 136 169 191(-) Capex (214) (276) (269) (263) (262)(-) Δ in NWC (15) (0) (5) 1 (4)(-) Other(2) (40) (14) (5) (6) (4)Unlevered Free Cash Flow ($34) ($36) ($7) $37 $60% Growth n.m. n.m. n.m. n.m. +65%% Conversion (13%) (12%) (2%) 10% 16%

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– Preliminary Working Draft – – Highly Confidential –5Overview of Valuation MethodologiesDescription▪ Price targets for Mangrove per recent Wall Street analyst research reports as of latest available date▪ EBITDA unburdened by stock-based compensation expense▪ Multiples applied to Mangrove Management Plan NTM EBITDA▪ EBITDA unburdened by stock-based compensation expense▪ Multiples applied to Mangrove Management Plan LTM EBITDA▪ Mangrove Management Plan▪ Weighted Average Cost of Capital of 8.0% – 9.0%▪ Terminal EV / NTM EBITDA of 5.0x – 6.0x▪ Assumes utilization of NOLs starting in 2027EMethodologyTradingMultiplesPrecedentTransactionsForReferenceEV / LTMAdj. EBITDAAnalystPrice TargetsDiscounted CashFlow AnalysisIncluding Value of Tax AssetsEV / NTMAdj. EBITDA52-WeekTrading Range asof 8/8/25▪ Range of closing share prices for Mangrove stock over the 52 weeks ending 8/8/25Source: Mangrove management, public filings, FactSet, and Bloomberg.Note: U.S. dollars in millions, except per share amounts. Balance sheet as of 6/30/25 per Mangrove management. DSO as of 8/7/2025 per Mangrove management. Shareprices rounded to nearest $0.05, except for 52-week trading range. NTM metrics reflect NTM as of 8/8/25.

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![[MISSING IMAGE: pg_exhibit16c12page7-4clr.jpg]](pg_exhibit16c12page7-4clr.jpg)

– Preliminary Working Draft – – Highly Confidential –6$3.17$4.00$2.60$5.95$3.05$5.78$6.50$5.95$10.85$6.75Mangrove Valuation AnalysisMethodology Relevant Metrics Implied Share Price Range5.5x – 7.0x LTM Adj.EBITDA of $283mm4.3x – 5.3x NTM Adj.EBITDA of $294mmWACC: 8.0% – 9.0%Terminal EBITDA Mult. : 5.0x – 6.0xLow / High(Latest Available Reports)Low (8/7/25) /High (8/19/24)Offer Price: $5.20Source: Mangrove management, public filings, FactSet, and Bloomberg.Note: U.S. dollars in millions, except per share amounts. Balance sheet as of 6/30/25 per Mangrove management. DSO as of 8/7/2025 per Mangrove management. Shareprices rounded to nearest $0.05, except for 52-week trading range. NTM metrics reflect NTM as of 8/8/25.TradingMultiplesPrecedentTransactionsForReferenceEV / LTMAdj. EBITDAAnalystPrice TargetsDiscounted CashFlow AnalysisIncluding Value of Tax AssetsEV / NTMAdj. EBITDA52-WeekTrading Range asof 8/8/25

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– Preliminary Working Draft – – Highly Confidential –7Broker Price Target Valuation MethodologyDCF: 11.8% WACC, 1% PGR~5.0x NTM EBITDA5.1x 2026E EBITDANo Price Target Disclosed$6.50$4.80$4.00–For Reference: Research Analyst Price TargetsSource: Wall Street research, Bloomberg and FactSet as of 8/8/25.(1) No price target disclosed in latest research; prior price target of $5.00 as of 3/14/2024.(5/8/25)(5/28/25)(5/6/25)Buy Hold SellSell(1)

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– Preliminary Working Draft – – Highly Confidential –8EV /Market '24A-'26E '25E EBITDA % B2C Customers Broadband '25E UFCF (2) NTM Homes TotalCompany TEV Cap. Sales CAGR Margin by Technology (1)Penetration % Revenue EBITDA Passed Subscribers$208.8 $118.9 +1.7% 30.6% 50% 21.3% 5.5x n.a. n.a.137.3 40.0 +0.8% 41.3% 58% 20.5% 5.9x 2,415 4,36318.4 4.0 (4.6%) 26.9% 12% (6.8%) 5.4x 4,392 17, 1273.4 0.8 (3.6%) 53.4% 37% 34.2% 4.3x 1,196 3, 4581.2 0.7 +9.5% 32.1% 30% (65.2%) 9.1x 1,975 6,551Selected Public Trading StatisticsCable Fiber Copper(4) (4)Source: Mangrove Management Plan and FactSet as of 8/8/25.Note: U.S. dollars in billions. Reflects calendarized financials. EBITDA unburdened by stock-based compensation. Financial estimates reflect mean broker estimates inUSD per FactSet. EBITDA figures reflect EBITDA estimates in USD per FactSet. Assumes market value of debt as of 5/21/25 for Lumen, reflecting unaffecteddate. (1) As of latest filing. (2) Unlevered free cash flow defined as EBITDA less capex. (3) As of unaffected date of 5/21/25. (4) Represents Fiber metrics.47%53%100%100%100%41% 59%(3)

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– Preliminary Working Draft – – Highly Confidential –90.0x2.0x4.0x6.0x8.0x10.0x12.0x14.0x16.0x18.0x20.0xAug-20 Feb-21 Aug-21 Feb-22 Aug-22 Feb-23 Aug-23 Feb-24 Aug-24 Feb-25 Aug-25Multiple Evolution Over TimeEV / NTM EBITDA – Five Years to Date6.7x14.8x5.9x15.2x11.1x4.7xSource: FactSet as of 8/8/25.Note: Broadband peer median includes CABO, CHTR, CMCSA, LUMN and SHEN.Mangrove Broadband Peers S&P 500June 2021:Sale of Select Properties from Mangrove toAstound and Atlantic BroadbandNovember 2020:Sale of Astound to Stonepeak12.5x11.0xAvg. EV / NTM EBITDA (to Current) R 2 vs. 20-Year TreasuryL5Y L2Y L1Y YTDMangrove 6.2x 4.9x 5.0x 4.9xBroadband Median 8.2x 6.7x 6.4x 6.2xMult. Prem / (Disc.) (2.0x) (1.8x) (1.4x) (1.3x)% Prem. / (Disc.) (24%) (27%) (21%) (20%

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– Preliminary Working Draft – – Highly Confidential –10Operational Metrics Valuation MetricsAnn. Date Target AcquirorTargetDescriptionFiberHomesPassed %% FiberRevenue Ent. ValueEV /LTMEBITDAForReference:Premium16-May-25 Cox Communications Charter CommunicationsCableIncumbent0% 0% $34,500 6.4x n.a.5-Sep-24 Frontier VerizonIncumbentLEC47% 55% 20,000 9.2x 37%16-Oct-23 Consolidated Communication SearchlightIncumbentLEC43% 45% 3,100 9.6x 70%4-Aug-21 Lumen ApolloIncumbentLEC4% 6% 7,500 5.5x n.a.13-Mar-20 Cincinnati Bell MacquarieIncumbentLECn.a. 29% 2,907 7.2x 101%29-May-19 Frontier SearchlightIncumbentLEC29% 50% 1,352 5.0x n.a.10-Jul-17 Hawaiian Telecom Cincinnati BellIncumbentLEC24% n.a. 656 5.9x 26%5-Feb-15 Verizon (Assets) FrontierIncumbentLEC54% n.a. 10,540 6.2x n.a.Selected Precedent TransactionsSource: Public filings and materials, FactSet.Note: U.S. dollars in millions. (1) Reflects % Fiber revenue at time of deal announcement. (2) Reflects % of Fiber customers as percentage of total broadband customersat time of deal announcement. (3) Reflects the agreed upon premium paid as of the 3/23/2020 merger agreement with Macquarie vs. the unaffected date of12/20/2019. Original offer from Brookfield submitted on 12/23/2019 represented a 36% premium vs. the unaffected date of 12/20/2019.(1)(3)(2)(2)

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– Preliminary Working Draft – – Highly Confidential –11Discounted Cash Flow AnalysisSource: Mangrove Management Plan and FactSet as of 8/8/25.Note: U.S. dollars in millions, except per share amounts. Assumes valuation date of 6/30/25, including 6/30/25 balance sheet and DSO as of 8/7/2025 per MangroveManagement. Includes cash flows from Q3'25 onwards, reflecting YTD actuals. Reflects mid-year convention discounting. Share price figures rounded to the nearest 5cents. (1) Burdened by stock-based compensation. (2) UFCF conversion calculated as UFCF / Adj. EBITDA. (3) Includes utilization of net operating losses starting in 2027per Management.Implied Share Price(3) Implied PGRExit Multiple Exit Multiple5.0x 5.5x 6.0x 5.0x 5.5x 6.0x8.0% $3.70 $5.25 $6.75 0.8% 1.5% 2.0%8.5% 3.35 4.85 6.35 1.3% 1.9% 2.4%9.0% 3.05 4.50 6.00 1.7% 2.4% 2.9%WACCFiscal Year Ending December 31, Terminal '25E - '29E2025 2026 2027 2028 2029 Year CAGRRevenue $585 $573 $592 $630 $672 $672 +3%% Growth (2%) +3% +6% +7%Adj. EBITDA(1) $266 $293 $317 $349 $376 $376 +9%% Growth +10% +8% +10% +8%% Margin 46% 51% 54% 55% 56% 56%(-) D&A (139) (140) (136) (169) (191) (200)Adj. EBIT $127 $153 $181 $181 $185 $176% Growth +20% +18% (0%) +2%% Margin 22% 27% 31% 29% 28% 26%(-) Taxes (32) (38) (45) (45) (46) (44)Tax Rate 25% 25% 25% 25% 25% 25%NOPAT $95 $115 $136 $135 $139 $132(+) D&A 139 140 136 169 191 200(-) Capex (214) (276) (269) (263) (262) (200)(-) Δ in NWC (15) (0) (5) 1 (4) –+/- Other (40) (14) (5) (6) (4) (4)Unlevered Free Cash Flow ($34) ($36) ($7) $37 $60 $128% Growth n.m. n.m. n.m. +65%% Conversion (2) (13%) (12%) (2%) 10% 16% 34%

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– Preliminary Working Draft – – Highly Confidential –12Peer Unlevered Beta WACC CalculationMarket Debt / Beta(1)Company Debt Cap. Equity Levered Unlevered Cost of EquityComcast $107,428 $118,896 90% 0.533 0.410 20Y U.S. Treasury Yield 4.8%Charter 94,257 40,039 235% 0.811 0.316 Unlevered Beta 0.31Lumen 16,330 4,016 407% 0.647 0.189 Target Debt / Equity 200%Cable One 3,500 783 447% 0.434 0.143 Levered Beta 0.775Shenandoah 513 689 74% 0.182 0.292 LT U.S. Historical Risk Premium(4) 7.3%Peer Median 235% 0.533 0.292 Size Premium(5) 1.7%Peer Average 251% 0.521 0.270 Cost of Equity 12.2%Mangrove 1,071 277 386% 0.783 0.219Cost of DebtPre-Tax Cost of Debt(6) 8.5%Tax Rate 25.0%After-Tax Cost of Debt 6.4%Memo: Debt / Capital 67%WACC(7) 8.3%Mangrove WACC AnalysisSource: Mangrove management, public filings, Bloomberg and FactSet as of 8/8/25.Note: U.S. dollars in millions. Mangrove balance sheet as of Q2'25 and DSO as of 8/7/2025 per company management. (1) Represents two-year weekly average leveredraw and unlevered adjusted beta. Unlevered betas assume 25.0% tax rate for each company. (2) As of unaffected date of 5/21/25, prior to announcement ofAT&T transaction. (3) Based on market value of debt as of unaffected date of 5/21/25. (4) Duff & Phelps, 2024. (5) Size premium reflects companies with marketcapitalization between $0.3bn and $0.6bn. (6) Based on current trading yields of comparable broadband, mid-cap, high yield companies. (7) WACC equals ((debt /capitalization \* (cost of debt \* (1 – tax rate))) + (equity / capitalization \* levered cost of equity)).(2) (3)WACC Sensitivity WACC SensitivityDebt / Unlevered BetaEquity 0.22 0.26 0.29 0.33 0.36 0.40150% 7.8% 8.0% 8.3% 8.5% 8.7% 8.9%175% 7.8% 8.0% 8.2% 8.5% 8.7% 8.9%200% 7.8% 8.0% 8.2% 8.4% 8.7% 8.9%225% 7.8% 8.0% 8.2% 8.4% 8.6% 8.9%250% 7.8% 8.0% 8.2% 8.4% 8.6% 8.8%

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– Preliminary Working Draft – – Highly Confidential –13Mangrove NOL AnalysisSource: Mangrove management.Note: U.S. dollars in millions, except per share amounts. Mangrove balance sheet as of 6/30/25 and DSO as of 8/7/2025 per Mangrove Management. Assumes mid-yeardiscounting.(1) Assumes U.S. federal tax rate of 21%.(2) NOLs applied to offset federal tax expense based on usage from Management.Cash Flow Benefit of NOLsNOL CashFlowBenefit toMangrovePresentValue ofNOL CashFlowBenefit toMangroveFiscal Year Ending December 31, 2024 2025 2026 2027 2028 2029Mangrove NOL Usage – – – $103 $80 –(x) Mangrove Tax Rate (1) 21% 21% 21% 21% 21% 21%Mangrove Cash Tax Benefit – – – $22 $17 –Beginning NOL Balance $183 $183 $183 $183 $80 –(-) Mangrove NOL Usage(2) – – – (103) (80) –Ending NOL Balance $183 $183 $183 $80 – –Implied Value /Discount Rate PV of NOL Share8.0% $31.9 $0.378.5% 31.5 0.369.0% 31.2 0.36

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![[MISSING IMAGE: pg_exhibit16c12page15-4c.jpg]](pg_exhibit16c12page15-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –144.0%6.0%8.0%10.0%12.0%14.0%16.0%18.0%20.0%Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25Peer Yield vs. Single-B IndexYield – Last 1 YearLumen(1) Cable One(2) Single-B IndexSource: Bloomberg and FRED as of 8/8/2025.Note: Reflects yield-to-maturity over time per Bloomberg estimates.(1) Reflects longest-dated senior unsecured bond with 2042 maturity.(2) Reflects longest-dated senior unsecured bond due 2030.9.8%8.7%6.9%17.0%8.9%7.3%Average Yield Over TimeLumen Cable One Single B-IndexS&P Rating B- BB- n.a.1-Year 10.9% 8.5% 7.0%Δ vs. Single-B Index 3.9% 1.4% –6-Month 10.2% 8.9% 7.3%Δ vs. Single-B Index 2.9% 1.6% –3-Month 9.8% 9.3% 7.2%Δ vs. Single-B Index 2.7% 2.1% –

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![[MISSING IMAGE: pg_exhibit16c12page16-4c.jpg]](pg_exhibit16c12page16-4c.jpg)

– Preliminary Working Draft – – Highly Confidential –15Mangrove Capitalization SummaryMangrove Capitalization SummaryPrice Per Share (Offer) $5.20Outstanding Shares (mm) 85.8Performance Stock Units 1.1Fully Diluted Shares Outstanding 86.9Equity Value ($mm) $452Source: Mangrove management.Note: Reflects DSO as of 8/7/2025.(1) Includes 2.8mm of Restricted Stock Awards.(1)

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## Ex-16.(D)(Iii)

#### Exhibit 16(d)(iii)

#### STRICTLY CONFIDENTIAL EXECUTION VERSION

#### LIMITED GUARANTEE
LIMITED GUARANTEE, dated as of August 11, 2025 (this "<u>Limited Guarantee</u>"), by DigitalBridge Partners III, LP, with its principal address at 750 Park of Commerce Drive, Suite 210 Boca Raton, FL 33487 (the "<u>Guarantor</u>"), in favor of WideOpenWest, Inc., a Delaware corporation (the "<u>Guaranteed Party</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1. <u>Limited Guarantee</u>. To induce the Guaranteed Party to enter into an Agreement and Plan of Merger, dated as of the date hereof (the "<u>Agreement</u>"), by and among Bandit Parent, LP, a Delaware limited partnership ("<u>Parent</u>"), Bandit Merger Sub, Inc., a Delaware corporation and an indirect wholly owned subsidiary of Parent ("<u>Merger Sub</u>") and the Guaranteed Party, the Guarantor hereby absolutely, unconditionally and irrevocably guarantees to the Guaranteed Party, as a primary obligor and not merely as a surety, the due and punctual payment, performance and discharge of (i) the Parent Termination Fee (the "<u>Termination Obligation</u>"), if and when the Parent Termination Fee payable by Parent to the Guaranteed Party pursuant to Section 7.3(b) of the Agreement is due and payable, (ii) any fees, costs, expenses, amounts due up to US$4,000,000 and interest payable under Section 7.3(c)(iii) of the Agreement (the "<u>Expenses Obligation</u>") and (iii) any amounts payable by Parent, Merger Sub or the Surviving Corporation pursuant to Section 5.7(f) or Section 8.2 of the Agreement (such amounts, together with the Termination Obligation, the "<u>Guaranteed Obligations</u>"); it being understood that in no event shall the Guarantor's aggregate liability under this Limited Guarantee with respect to clause (i) exceed the amount of US$31,618,072.30 (the "<u>Fee Cap</u>") or with respect to clauses (ii) and (iii) in the aggregate exceed any amounts due under Section 7.3(c)(iii), Section 5.7(f) or Section 8.2 of the Agreement up to an aggregate amount of US$6,000,000 (the "<u>Expense Cap</u>," and together with the Fee Cap, the "<u>Cap</u>"); *provided*, that to the maximum extent reasonably practicable, the Guaranteed Party will seek payment hereunder from the Guarantor in a single lump sum rather than multiple payments. The guarantee by the Guarantor of the Guaranteed Obligations shall not in any manner expand or increase the scope of the obligations of Parent pursuant to the Agreement or any ancillary document. Capitalized terms used but not otherwise defined herein shall have the respective meanings given to them in the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. <u>Nature of Guarantee</u>. The Guaranteed Party shall not be obligated to file any claim relating to the Guaranteed Obligations against Parent, Merger Sub or any other Person and the failure of the Guaranteed Party to so file shall not affect the Guarantor's obligations hereunder. Notwithstanding anything to the contrary contained herein, in the event that any payment to the Guaranteed Party in respect of any of the Guaranteed Obligations is rescinded or must otherwise be (and is) returned for any reason whatsoever, the Guarantor shall remain liable hereunder with respect to such Guaranteed Obligations as if such payment had not been made. This Limited Guarantee is a primary and original obligation of the Guarantor (and not merely the creation of a surety relationship) and is an unconditional guarantee of payment and performance, not of collection. In furtherance of the foregoing, the Guarantor acknowledges that the Guaranteed Party may, in its sole discretion, bring and prosecute a separate action or actions against the Guarantor for the full amount of the Guaranteed Obligations (subject to the Cap), regardless of whether any action is brought against Parent, Merger Sub or any other Person or whether Parent, Merger Sub or any other Person is joined in any such action or actions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3. <u>Changes in Obligations; Certain Waivers</u>. The Guarantor agrees that the Guaranteed Party may at any time and from time to time, without notice to or further consent of the Guarantor, enter into any agreement with Parent for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of the terms of the Agreement or of any agreement between the Guaranteed Party and Parent without in any way impairing or affecting the Guarantor's obligations under this Limited Guarantee. The Guarantor agrees that each of its obligations hereunder shall be absolute, irrevocable and unconditional, and shall not be released or discharged, in whole or in part, or otherwise affected in any way by (a) the failure or delay of the Guaranteed Party to assert any claim or demand or to enforce any right or remedy against Parent in the transactions contemplated by the Agreement; (b) any change in the time, place or manner of payment of the Guaranteed Obligations or any waiver, compromise, consolidation or other amendment or modification of any of the terms or provisions of the Agreement

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made in accordance with the terms thereof or any other agreement evidencing, securing or otherwise executed in connection with the Guaranteed Obligations; (c) the addition, substitution or release of any entity or other Person interested in the transactions contemplated by the Agreement; (d) any change in the corporate existence, structure or ownership of Parent, Merger Sub or any other Person interested in the transactions contemplated by the Agreement; (e) any insolvency, bankruptcy, winding up, moratorium, receivership, dissolution, assignment, reorganization or other similar proceeding affecting Parent, Merger Sub or any other Person interested in the transactions contemplated by the Agreement; (f) the existence of any claim, set-off or other right which any Guarantor may have at any time against Parent, Merger Sub, the Guaranteed Party or any other Person (or the existence of any claim, set-off or other right that Parent or the Guaranteed Party may have at any time against the Guarantor), whether in connection with the Guaranteed Obligations or otherwise; (g) the adequacy of any other means the Guaranteed Party may have of obtaining payment of the Guaranteed Obligations; (h) any incapacity, lack of authority or limitation of status or power of Parent or Merger Sub; (i) the right to require the Guaranteed Party to institute suit against Parent or any of its related parties or to exhaust any rights or remedies which the Guaranteed Party has or may have against Parent or any of its related parties; or (j) any other act or omission that may in any manner or to any extent operate as a discharge of the Guarantor as a matter of law or equity (other than as a result of payment of the Guaranteed Obligations in accordance with their terms); *provided*, that, notwithstanding the foregoing (but subject to <u>Section 2</u> hereof), the Guarantor shall be fully released and discharged from all obligations hereunder to the extent that the Guaranteed Obligations of the Guarantor are fully satisfied by Parent, Merger Sub or any other person. To the fullest extent permitted by applicable Law, the Guarantor hereby expressly waives any and all rights or defenses arising by reason of any applicable Law which would otherwise require any election of remedies by the Guaranteed Party. The Guarantor waives promptness, diligence, notice of the acceptance of this Limited Guarantee and of the Guaranteed Obligations, presentment, demand for payment, notice of non-performance, default, dishonor and protest, notice of the Guaranteed Obligations incurred and all other notices of any kind (except for notices expressly required to be provided to Parent, Merger Sub and/or their counsel in accordance with the Agreement), and all defenses which may be available by virtue of any valuation, stay, moratorium applicable Law or other similar applicable Law now or hereafter in effect, any right to require the marshalling of assets of Parent, Merger Sub or any other Person interested in the transactions contemplated by the Agreement, and all suretyship defenses generally. The Guarantor acknowledges that it will receive substantial direct and indirect benefits from the transactions contemplated by the Agreement and that the waivers set forth in this Limited Guarantee are knowingly made in contemplation of such benefits. The Guaranteed Party shall not be obligated to file any claim relating to any of the Guaranteed Obligations in the event that Parent or Merger Sub becomes subject to a bankruptcy, reorganization or similar proceeding, and the failure of the Guaranteed Party to so file shall not affect the Guarantor's obligations hereunder. The Guaranteed Party hereby covenants and agrees that it shall not institute, directly or indirectly, and shall cause its Affiliates (as defined in the Merger Agreement, except that for purposes of this Limited Guarantee, none of Crestview Advisors, L.L.C. or its Affiliates will be deemed to be Affiliates of the Guaranteed Party), its officers and the officers of its Affiliates not to institute, any proceeding or bring any other claim arising under, or in connection with, the Agreement, the transactions contemplated thereby or the equity commitment letter between the Guarantor and Parent (the "<u>Equity Commitment Letter</u>") against the Guarantor or any Non-Recourse Party (as defined in <u>Section 8</u> herein), except for claims by the Guaranteed Party against (i) the Guarantor under this Limited Guarantee (subject to the limitations described herein), (ii) the parties to the Support and Rollover Agreement under the Support and Rollover Agreement, (iii) the parties to the Confidentiality Agreements under the applicable Confidentiality Agreement and (iv) any claims by the Guaranteed Party against the Guarantor under the Equity Commitment Letter (in each case, to the extent permitted thereunder and subject to the limitations described therein, as applicable).

Notwithstanding anything to the contrary contained in this Limited Guarantee or otherwise, the Guaranteed Party hereby agrees that the Guarantor shall have all defenses to the payment of its obligations under this Limited Guarantee (which in any event shall be subject to the Cap) that would be available to the Parent under the Agreement with respect to the Guaranteed Obligations (other than defenses arising from the bankruptcy, insolvency or similar proceeding with respect to Parent), as well as any defenses in respect of any fraud or Willful Breach of the Guaranteed Party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4. <u>No Waiver; Cumulative Rights</u>. No failure or delay on the part of the Guaranteed Party to exercise, and no delay in exercising, any right, remedy or power hereunder shall operate as a waiver thereof,

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nor shall any single or partial exercise by the Guaranteed Party of any right, remedy or power hereunder preclude any other or future exercise of any right, remedy or power hereunder. Each and every right, remedy and power hereby granted to the Guaranteed Party or allowed them by applicable Law shall be cumulative and not exclusive of any other right, remedy or power, and may be exercised by the Guaranteed Party at any time or from time to time. For the avoidance of doubt, and notwithstanding anything to the contrary, the Guaranteed Party hereby expressly acknowledges that the only manner in which the Guaranteed Party or any of its Affiliates can obtain any form of money damages or other remedy against the Guarantor or its Affiliates (including, without limitation, the Non-Recourse Parties) is pursuant to the express provisions of the Agreement and any rights (including any third-party beneficiary rights) pursuant to the express provisions of the Equity Commitment Letter, the Confidentiality Agreements, the Support and Rollover Agreement and/or this Limited Guarantee (and, solely in the case of Parent and Merger Sub, the Merger Agreement), subject to the terms and conditions hereof and thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5. <u>Representations and Warranties</u>. The Guarantor hereby represents and warrants to the Guaranteed Party that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) it is an entity duly organized, validly existing and in good standing under the applicable Laws of its jurisdiction of organization and it has all necessary power and authority to execute, deliver and perform this Limited Guarantee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) the execution, delivery and performance of this Limited Guarantee by the Guarantor, and the consummation by the Guarantor of the transactions contemplated hereby, have been duly and validly authorized and approved by all necessary action by it and no other proceedings are necessary to authorize such execution, delivery and performance of this Limited Guarantee and the consummation of the transactions contemplated hereby;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) this Limited Guarantee has been duly and validly executed and delivered by the Guarantor and, upon execution by the other parties hereto, this Limited Guarantee shall be in full force and effect and shall constitute a valid and binding agreement of the Guarantor, enforceable against it in accordance with its terms, except that such enforcement may be subject to any bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer or other applicable Laws, now or hereafter in effect, relating to or limiting creditors' rights generally, and general equitable principles (whether considered in a proceeding in equity or at law);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d) the Guarantor currently has, and shall have at all times during the effectiveness of this Limited Guarantee, the available cash resources or unconditional irrevocable commitments necessary to pay and perform its obligations under this Limited Guarantee, and all funds necessary for the Guarantor to fulfill the Guaranteed Obligations under this Limited Guarantee shall be available to the Guarantor for so long as this Limited Guarantee shall remain in effect in accordance with <u>Section 7</u> hereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (e) all consents, approvals, authorizations, permits of, filings with and notifications to, any Governmental Entity necessary for the due execution, delivery and performance of this Limited Guarantee by the Guarantor have been obtained or made and all conditions thereof have been duly complied with, and no other action by, and no notice to or filing with, any Governmental Entity is required in connection with the execution, delivery or performance of this Limited Guarantee; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (f) the execution, delivery and performance by the Guarantor of this Limited Guarantee do not and will not (i) violate its organizational and governing documents, (ii) violate any applicable Law, (iii) result in any violation of, or default (with or without notice or lapse of time, or both) under, require consent under, or give rise to a right of termination, modification cancellation or acceleration of any obligation or to the loss of any benefit under, any contract to which it is a party or (iv) result in the creation of any lien upon any of its assets, properties or rights.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6. <u>Assignment</u>. Neither the Guarantor nor the Guaranteed Party may assign its respective rights, interests or obligations hereunder to any other Person (including by operation of Law or otherwise) without the prior written consent of the Guaranteed Party or the Guarantor, as the case may be. Notwithstanding the foregoing, nothing in this Limited Guarantee shall limit the right and ability of the Guarantor to assign all or any portion of its rights or obligations hereunder to any of its Affiliates that will at all relevant

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times be financially capable of fulfilling the Guarantor's obligations and rights hereunder; *provided*, that, notwithstanding any other provision hereof, no assignment of any of the Guarantor's rights, interests or obligations hereunder will relieve the Guarantor of any of its obligations hereunder except to the extent actually performed or satisfied by such assignee. In the case of any assignment in accordance with this <u>Section 6</u>, all representations, warranties and covenants of the Guarantor shall be deemed to be those of the Guarantor and such permitted assignee, and all references to the Guarantor shall be deemed to include any such permitted assignee. Any purported assignment in violation of this <u>Section 6</u> shall be null and void. Subject to the foregoing, this Limited Guarantee shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective successors and assigns.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7. <u>Continuing Guarantee</u>. Unless terminated pursuant to this Section 7, this Limited Guarantee may not be revoked or terminated, and shall remain in full force and effect and shall be binding on the Guarantor, its successors and assigns until the Guaranteed Obligations under this Limited Guarantee has been indefeasibly paid, observed, performed or satisfied in full, at which time this Limited Guarantee shall terminate and the Guarantor shall have no further obligations under or in connection with this Limited Guarantee. Notwithstanding the foregoing, this Limited Guarantee shall terminate and the Guarantor shall have no further obligations under this Limited Guarantee as of the earliest of (a) the occurrence of the Closing, (b) receipt by the Guaranteed Party of the payment of the Guaranteed Obligations in full, (c) the valid termination of the Agreement in accordance with its terms under circumstances in which Parent would not be obligated to make any payments with respect to any of the Guaranteed Obligations and (d) 60 days following any valid termination of the Agreement in accordance with its terms under circumstances in which Parent would be obligated to pay the Guaranteed Obligations if the Guaranteed Party has not presented a claim for payment of the Guaranteed Obligations to Parent or the Guarantor by such date (or, if the Guaranteed Party has made a claim under this Limited Guarantee prior to such date, then the earliest of (w) a final, non-appealable Order by a court of competent jurisdiction resolving such claim determining that Parent does not have any liability to the Guaranteed Party that gives rise to the Guaranteed Obligations, (x) payment in full of the amounts due and owing in respect of the Guaranteed Obligations as determined in a final, non-appealable Order by a court of competent jurisdiction resolving such claim and (y) a written agreement among the Guarantor and the Guaranteed Party, acting at the written direction of the Special Committee (a copy of which written direction shall be provided to the Guarantor at the time of the execution of such written agreement), on which written direction the Guarantor shall be entitled to rely, to the extent that the Guarantor would not reasonably be expected to know such written direction is not authentic, terminating the obligations of the Guarantor pursuant to this Limited Guarantee). Notwithstanding the foregoing, in the event that the Guaranteed Party or any of its Affiliates or its or their respective successors or assigns, directly or indirectly asserts in any litigation or other proceeding that the provisions of <u>Section 1</u> hereof limiting the Guarantor's liability to the Cap or the provisions of this <u>Section 7</u> or <u>Sections 8</u> through <u>11</u>, <u>13</u>, or the fourth sentence or sixth sentence of Section 14 of this Limited Guarantee are illegal, invalid or unenforceable in whole or in part, or asserts any theory of liability whatsoever (whether at law or in equity, whether sounding in contract, tort, statute or otherwise) against the Guarantor or any Non-Recourse Party (as defined in <u>Section 8</u>) with respect to this Limited Guarantee, the Agreement or the Equity Commitment Letter (collectively, the "<u>Transaction Agreements</u>") or any other agreement or instrument delivered pursuant to such Transaction Agreements, or the transactions contemplated hereby or thereby, other than Retained Claims (as defined in <u>Section 8</u> hereof), then (i) the obligations of the Guarantor under or in connection with this Limited Guarantee shall terminate *ab initio* and be null and void, (ii) if the Guarantor has previously made any payments under this Limited Guarantee, it shall be entitled to recover such payments, and (iii) neither the Guarantor nor any other Non-Recourse Party shall have any liability whatsoever (whether at law or in equity, whether sounding in contract, tort, statute or otherwise) to the Guaranteed Party, any Company Related Parties or any of their respective Affiliates, in any way under or in connection with any Transaction Agreement, any other agreement or instrument delivered pursuant to such Transaction Agreement, or the transactions contemplated hereby or thereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8. <u>No Recourse</u>. Notwithstanding anything that may be expressed or implied in this Limited Guarantee or any other Transaction Agreement, or in any agreement or instrument delivered or statement made or action taken in connection with or pursuant to, the transactions contemplated by any of the Transaction Agreements (this Limited Guarantee, the other Transaction Agreements and such agreements, instruments and transactions collectively, "<u>Transaction-Related Matters</u>"), and notwithstanding any equitable, common law or statutory right or claim that may be available to the Guaranteed Party or any of their

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respective Affiliates, and notwithstanding the fact that the Guarantor may be a partnership, by its acceptance of the benefits of this Limited Guarantee, the Guaranteed Party covenants, acknowledges and agrees, on behalf of itself and its Affiliates, that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) No Non-Recourse Party has or shall have any obligations (whether of an equitable, contractual, tort, statutory or other nature) under or in connection with any Transaction-Related Matter, other than (i) the Guarantor's and Parent's obligations under (and in accordance with the terms and subject to the conditions of) the Equity Commitment Letter, in accordance with and subject to the limitations set forth therein, (ii) the Guarantor's obligation to pay the Guaranteed Obligations under this Limited Guarantee, and subject to the Cap and the other limitations described herein, (iii) the obligations of the parties thereto under the Support and Rollover Agreement, (iv) the obligations of the parties thereto under the Confidentiality Agreements and (v) Parent and Merger Sub's obligations pursuant to the Agreement (collectively, the "<u>Retained Claims</u>");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) No recourse (whether under an equitable, contractual, tort, statutory or other claim or theory) under or in connection with any Transaction-Related Matter shall be sought or had against (and, without limiting the generality of the foregoing, no liability shall attach to) any Non-Recourse Party, whether through Parent, Merger Sub or any other Person interested in the transactions contemplated by any Transaction Agreement or otherwise, whether by or through theories of equity, agency, control, instrumentality, alter ego, domination, sham, single business enterprise, piercing the veil, unfairness, undercapitalization, or any other attempt to avoid or disregard the entity form of any Non-Recourse Party, by or through a claim by or on behalf of the Guaranteed Party, Parent, Merger Sub or any other Person against any Non-Recourse Party, by the enforcement of any assessment, by any legal or equitable proceeding, by virtue of any applicable Law, or otherwise, except for Retained Claims; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) Neither the Guaranteed Party nor any of its Affiliates have relied on any statement, representation or warranty or assurance made by, or any action taken by, any Person in connection with a Transaction-Related Matter, other than those made by (i) the Guarantor in this Limited Guarantee and/or the Guarantor in the Equity Commitment Letter, (ii) Parent and Merger Sub in the Agreement and (iii) the parties to the Support and Rollover Agreement in the Support and Rollover Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d) The Retained Claims shall be the sole and exclusive remedy (whether at law or in equity, whether sounding in contract, tort, statute or otherwise) of the Guaranteed Party, all of its Affiliates and any Person purporting to claim by or through any of them or for the benefit of any of them against any or all of the Non-Recourse Parties, in respect of any claims, liabilities or obligations arising under or in connection with any Transaction-Related Matter. The Guaranteed Party hereby covenants and agrees that, other than with respect to the Retained Claims, it shall not, and it shall cause its Affiliates not to, institute any proceeding or bring any claim in any way under or in connection with any Transaction-Related Matter (whether at law or in equity, whether sounding in contract, tort, statute or otherwise) against any Non-Recourse Party. Other than the Non-Recourse Parties (who are intended third party beneficiaries of this Limited Guarantee pursuant to <u>Section 14</u> hereof), no Person other than the Guarantor and the Guaranteed Party shall have any rights or remedies under, in connection with or in any manner related to this Limited Guarantee or the transactions contemplated hereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (e) As used herein, the term "<u>Non-Recourse Parties</u>" means, collectively, any and all former, current or future direct or indirect equity holders, controlling persons, directors, officers, employees, agents, members, managers, management companies, general or limited partners, assignees or Affiliates of the Guarantor, Parent or Merger Sub and any and all former, current or future direct or indirect equity holders, controlling persons, directors, officers, employees, agents, members, managers, management companies, general or limited partners, assignees or Affiliates of any of the foregoing, and any and all former, current or future heirs, executors, administrators, trustees, successors or assigns of any of the foregoing, and the providers of any financing (excluding the Guarantor, Parent and Merger Sub and Guarantor's successors and permitted assigns under this Limited Guarantee).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9. <u>Governing Law; Jurisdiction</u>. This Limited Guarantee shall be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to any choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction) that would cause the application

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of the laws of any jurisdiction other than the State of Delaware. In addition, each of the parties hereto irrevocably agrees that any Action with respect to this Limited Guarantee and the rights and obligations arising hereunder or the transactions contemplated hereby, or for recognition and enforcement of any judgment in respect of this Limited Guarantee and the rights and obligations arising hereunder brought by the other party hereto or its successors or assigns, shall be brought and determined exclusively in the Delaware Court of Chancery and any state appellate court therefrom within the State of Delaware (or, if the Delaware Court of Chancery declines to accept jurisdiction over a particular matter, any state or federal court within the State of Delaware). Each of the parties hereto hereby irrevocably submits with regard to any such Action for itself and in respect of its property, generally and unconditionally, to the personal jurisdiction of the aforesaid courts and agrees that it will not bring any Action relating to this Limited Guarantee or any of the matters contemplated by this Limited Guarantee in any court other than the aforesaid courts. Each of the parties hereto hereby irrevocably waives, and agrees not to assert as a defense, counterclaim or otherwise, in any Action with respect to this Limited Guarantee, (a) any claim that it is not personally subject to the jurisdiction of the above-named courts, (b) any claim that it or its property is exempt or immune from the jurisdiction of any such court or from any legal process commenced in such courts (whether through service of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise) and (c) to the fullest extent permitted by the applicable Law, any claim that (i) the Action in such court is brought in an inconvenient forum, (ii) the venue of such Action is improper or (iii) this Limited Guarantee, or the subject matter hereof, may not be enforced in or by such courts. Each party hereto irrevocably consents to service of process inside or outside the territorial jurisdiction of the courts referred to in this <u>Section 9</u> in the manner provided for notices in <u>Section 8.8</u> of the Agreement. Nothing in this Limited Guarantee will affect the right of any party hereto to serve process in any other manner permitted by applicable Law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10. <u>WAIVER OF JURY TRIAL</u>. EACH OF THE PARTIES TO THIS LIMITED GUARANTEE HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS LIMITED GUARANTEE OR THE SUBJECT MATTER HEREOF. EACH PARTY MAKES THIS WAIVER VOLUNTARILY AND SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS LIMITED GUARANTEE BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS CONTAINED IN THIS <u>SECTION 10</u>. EACH PARTY ACKNOWLEDGES AND AGREES THAT (a) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER; (b) IT UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER; (c) IT MAKES THIS WAIVER VOLUNTARILY AND (d) IT HAS BEEN INDUCED TO ENTER INTO THIS LIMITED GUARANTEE BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS <u>SECTION 10</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11. <u>Severability</u>. Any term or provision of this Limited Guarantee that is invalid or unenforceable in any jurisdiction shall, as to that jurisdiction, be ineffective to the sole extent of such invalidity or unenforceability without rendering invalid or unenforceable the remainder of such term or provision or the remaining terms and provisions of this Limited Guarantee in any jurisdiction. If any provision of this Limited Guarantee is so broad as to be unenforceable, such provision shall be interpreted to be only so broad as is enforceable*; provided, however*, that this Limited Guarantee may not be enforced without giving effect to the limitation of the amount payable hereunder to the Cap provided in <u>Section 1</u> hereof and the provisions of <u>Section 7</u>, <u>Section 8</u> and this <u>Section 11</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12. <u>Amendment</u>. This Limited Guarantee may not be amended or otherwise modified except pursuant to a written document duly executed by the Guarantor and the Guaranteed Party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13. <u>No Third Party Beneficiaries</u>. No Person other than the Guaranteed Party (and its successors and assigns) shall be entitled to rely upon or enforce this Limited Guarantee, and this Limited Guarantee shall be binding upon and inure solely to the benefit of each party hereto and nothing herein is intended to or shall confer upon any other Person any rights, benefits or remedies whatsoever under or by reason of this Limited Guarantee, except as provided in <u>Section 8</u> hereof for the benefit of the Non-Recourse Parties. In furtherance of the foregoing, no creditor of the Guaranteed Party, Parent, Merger Sub or any of their

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respective Affiliates, or any Person claiming by, through or on behalf of any of them or any other Person, shall have any right to enforce this Limited Guarantee or to cause the Guaranteed Party, Parent, Merger Sub, or any other Person to seek to enforce this Limited Guarantee, in each case, other than the Guaranteed Party (or its successors or assigns) in the limited circumstances described herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14. <u>Miscellaneous</u>. This Limited Guarantee may be executed in counterparts (including by facsimile, by electronic mail in "portable document format" (.pdf) form, or by any other electronic means intended to preserve the original graphic and pictorial appearance of a document), each of which shall be an original, with the same effect as if the signatures thereto and hereto were original signed versions upon the same instrument delivered in person. This Limited Guarantee shall become effective when one or more counterparts have been signed by each of the parties and delivered (by telecopy, facsimile, electronic mail or otherwise as authorized by the prior sentence) to the other parties. No party may raise the use of any such electronic delivery or electronic signature as a defense to the formation of a contract, and each party forever waives any such defense, except to the extent such defense relates to lack of authenticity. The provisions of this Limited Guarantee, together with the Equity Commitment Letter, the Agreement and the other documents and agreements delivered in connection therewith or referred to therein, contain the entire agreement of the parties hereto with respect to the subject matter hereof and supersede any prior oral or written agreements, undertakings, understandings, discussions, negotiations or proposals relating to the subject matter hereof. The headings contained in this Limited Guarantee are for convenience purposes only and will not in any way affect the meaning or interpretation hereof. Each of the parties agrees that they have been represented by legal counsel during the negotiation and execution of this Agreement and therefore waive the application of any law, regulation, holding or rule of construction providing that ambiguities in an agreement or other document will be construed against the party drafting such agreement or document.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15. <u>Confidentiality</u>. This Limited Guarantee shall be treated as strictly confidential and is being provided by the Guarantor solely in connection with the Agreement. This Limited Guarantee may not be used, circulated, quoted or otherwise referred to in any document (other than the Agreement or the Equity Commitment Letter), except with the written consent of the Guarantor; provided, that no such written consent shall be required in connection with the enforcement by the Guaranteed Party of the terms of this Limited Guarantee and its rights and obligations hereunder, for any disclosure of the existence or terms of this Limited Guarantee to the parties to the Agreement or their respective officers, directors, advisors and other representatives or to the extent required by applicable Law, the applicable rules of any national securities exchange or if required in connection with any required filing or notice with any Governmental Entity relating to the Merger and the other transactions contemplated by the Agreement.

[Signature Pages Follow]

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IN WITNESS WHEREOF, the Guarantor has caused this Limited Guarantee to be executed and delivered as of the date first written above by its duly authorized signatory.

**<u>GUARANTOR</u>**:

DIGITALBRIDGE PARTNERS III, LP,

by its general partner, DigitalBridge III GP, LLC

By:

/s/ Liam Stewart

Name: Liam Stewart

Title: Chief Operating Officer

[Signature Page to Limited Guarantee]

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IN WITNESS WHEREOF, the Guaranteed Party has caused this Limited Guarantee to be executed and delivered as of the date first written above by its officer thereunto duly authorized.

**<u>GUARANTEED PARTY</u>**:

#### WIDEOPENWEST, INC.
By:

/s/ Teresa Elder

Name: Teresa Elder

Title: Chief Executive Officer

[Signature Page to Limited Guarantee]

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## Ex-16.(D)(Iv)

#### Exhibit 16(d)(iv)

#### STRICTLY CONFIDENTIAL EXECUTION VERSION

#### LIMITED GUARANTEE

#### OF

#### CRESTVIEW PARTNERS III, L.P.
LIMITED GUARANTEE, dated as of August 11, 2025 (this "<u>Limited Guarantee</u>"), by Crestview Partners III, L.P., with its principal address at 590 Madison Avenue, 36th Floor, New York, NY 10022 (the "<u>Guarantor</u>"), in favor of Bandit Parent, LP, a Delaware limited partnership (the "<u>Guaranteed Party</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1. <u>Limited Guarantee</u>. To induce the Guaranteed Party to enter into (A) an Agreement and Plan of Merger, dated as of the date hereof (the "<u>Agreement</u>"), by and among the Guaranteed Party, Bandit Merger Sub, Inc., a Delaware corporation and an indirect wholly owned subsidiary of the Guaranteed Party ("<u>Merger Sub</u>") and WideOpenWest, Inc., a Delaware corporation (the "<u>Company</u>"), and (B) an Amended and Restated Joint Bidding and Cost Sharing Agreement, by and among DigitalBridge Investments, LLC, DB Bandit Holdings, LP; Crestview Partners III GP, L.P., Crestview W1 Holdings, L.P., Crestview W1 TE Holdings, LLC, Crestview W1 Co-Investors, LLC and Crestview Advisors, L.L.C. (collectively, "<u>Crestview</u>"); the Guaranteed Party; and, solely for purposes of Section 21 thereof, DigitalBridge Partners III, LP (the "<u>Joint Bidding Agreement</u>"), the Guarantor hereby absolutely, unconditionally and irrevocably guarantees to the Guaranteed Party, as a primary obligor and not merely as a surety, the due and punctual payment, performance and discharge of any amounts payable by Crestview pursuant to Section 6(f), Section 7(a)(i)(2) or Section 7(a)(ii)(2)(A) of the Joint Bidding Agreement (such amounts, the "<u>Guaranteed Obligations</u>"); it being understood that in no event shall the Guarantor's aggregate liability under this Limited Guarantee with respect to the Reverse Termination Payment and/or Reverse Termination Indemnifiable Losses (each as defined in the Joint Bidding Agreement) exceed the amount of US$31,618,072.30 (the "<u>Fee Cap</u>") or with respect to any fees, costs, expenses or interest payable by the Guaranteed Party pursuant to Section 7.3(c)(iii), Section 5.7(f) or Section 8.2 of the Agreement in the aggregate exceed any amounts due under Section 7.3(c)(iii), Section 5.7(f) or Section 8.2 of the Agreement up to an aggregate amount of US$6,000,000 (the "<u>Expense Cap</u>," and together with the Fee Cap, the "<u>Cap</u>"); *provided*, that (i) to the maximum extent reasonably practicable, the Guaranteed Party will seek payment hereunder from the Guarantor in a single lump sum rather than multiple payments and (ii) the obligations of the Guarantor under this Limited Guarantee shall be subject to, and limited by, the provisions of the Joint Bidding Agreement. The guarantee by the Guarantor of the Guaranteed Obligations shall not in any manner expand or increase the scope of the obligations of the Guarantor or its Affiliates pursuant to the Joint Bidding Agreement or any ancillary document. Capitalized terms used but not otherwise defined herein shall have the respective meanings given to them in the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. <u>Nature of Guarantee</u>. The Guaranteed Party shall not be obligated to file any claim relating to the Guaranteed Obligations against Crestview, Merger Sub or any other Person and the failure of the Guaranteed Party to so file shall not affect the Guarantor's obligations hereunder. Notwithstanding anything to the contrary contained herein, in the event that any payment to the Guaranteed Party in respect of any of the Guaranteed Obligations is rescinded or must otherwise be (and is) returned for any reason whatsoever, the Guarantor shall remain liable hereunder with respect to such Guaranteed Obligations as if such payment had not been made. This Limited Guarantee is a primary and original obligation of the Guarantor (and not merely the creation of a surety relationship) and is an unconditional guarantee of payment and performance, not of collection. In furtherance of the foregoing, the Guarantor acknowledges that the Guaranteed Party may, in its sole discretion, bring and prosecute a separate action or actions against the Guarantor for the full amount of the Guaranteed Obligations (subject to the Cap), regardless of whether any action is brought against Crestview, the Guaranteed Party, Merger Sub or any other Person or whether Crestview, the Guaranteed Party, Merger Sub or any other Person is joined in any such action or actions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3. <u>Changes in Obligations; Certain Waivers</u>. The Guarantor agrees that the Guaranteed Party may, subject to the provisions of the Joint Bidding Agreement, at any time and from time to time, without notice to or further consent of the Guarantor, enter into any agreement with the Company or the Merger Sub

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for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of the terms of the Agreement or of any agreement between the Guaranteed Party and the Company or the Merger Sub without in any way impairing or affecting the Guarantor's obligations under this Limited Guarantee. The Guarantor agrees that each of its obligations hereunder shall be absolute, irrevocable and unconditional, and shall not be released or discharged, in whole or in part, or otherwise affected in any way by (a) the failure or delay of the Guaranteed Party to assert any claim or demand or to enforce any right or remedy against Crestview in the transactions contemplated in the Joint Bidding Agreement; (b) the failure or delay of the Merger Sub or the Parent to assert any claim or demand or to enforce any right or remedy against the Company in the transactions contemplated by the Agreement; (c) any change in the time, place or manner of payment of the Guaranteed Obligations or any waiver, compromise, consolidation or other amendment or modification of any of the terms or provisions of the Agreement or the Joint Bidding Agreement made in accordance with the terms thereof or any other agreement evidencing, securing or otherwise executed in connection with the Guaranteed Obligations; (d) the addition, substitution or release of any entity or other Person interested in the transactions contemplated by the Agreement; (e) any change in the corporate existence, structure or ownership of Crestview, Merger Sub or any other Person interested in the transactions contemplated by the Agreement or the Joint Bidding Agreement; (f) any insolvency, bankruptcy, winding up, moratorium, receivership, dissolution, assignment, reorganization or other similar proceeding affecting Crestview, Merger Sub or any other Person interested in the transactions contemplated by the Agreement or the Joint Bidding Agreement; (g) the existence of any claim, set-off or other right which any Guarantor may have at any time against the Guaranteed Party, the Company, Crestview, Merger Sub or any other Person (or the existence of any claim, set-off or other right that Crestview or the Guaranteed Party may have at any time against the Guarantor), whether in connection with the Guaranteed Obligations or otherwise; (h) the adequacy of any other means the Guaranteed Party may have of obtaining payment of the Guaranteed Obligations; (i) any incapacity, lack of authority or limitation of status or power of Crestview or Merger Sub; (j) the right to require the Guaranteed Party to institute suit against Crestview or any of its related parties or to exhaust any rights or remedies which the Guaranteed Party has or may have against Crestview or any of its related parties; or (k) any other act or omission that may in any manner or to any extent operate as a discharge of the Guarantor as a matter of law or equity (other than as a result of payment of the Guaranteed Obligations in accordance with their terms); *provided*, that, notwithstanding the foregoing (but subject to <u>Section 2</u> hereof), the Guarantor shall be fully released and discharged from all obligations hereunder to the extent that the Guaranteed Obligations of the Guarantor are fully satisfied by Merger Sub or any other person. To the fullest extent permitted by applicable Law, the Guarantor hereby expressly waives any and all rights or defenses arising by reason of any applicable Law which would otherwise require any election of remedies by the Guaranteed Party. The Guarantor waives promptness, diligence, notice of the acceptance of this Limited Guarantee and of the Guaranteed Obligations, presentment, demand for payment, notice of non-performance, default, dishonor and protest, notice of the Guaranteed Obligations incurred and all other notices of any kind (except for notices expressly required to be provided to Crestview in accordance with the Joint Bidding Agreement), and all defenses which may be available by virtue of any valuation, stay, moratorium applicable Law or other similar applicable Law now or hereafter in effect, any right to require the marshalling of assets of Crestview, the Guaranteed Party, Merger Sub or any other Person interested in the transactions contemplated by the Agreement or the Joint Bidding Agreement, and all suretyship defenses generally. The Guarantor acknowledges that it will receive substantial direct and indirect benefits from the transactions contemplated by the Agreement and the Joint Bidding Agreement and that the waivers set forth in this Limited Guarantee are knowingly made in contemplation of such benefits. The Guaranteed Party shall not be obligated to file any claim relating to any of the Guaranteed Obligations in the event that Crestview or Merger Sub becomes subject to a bankruptcy, reorganization or similar proceeding, and the failure of the Guaranteed Party to so file shall not affect the Guarantor's obligations hereunder. The Guaranteed Party hereby covenants and agrees that it shall not institute, directly or indirectly, and shall cause its Affiliates (as defined in the Merger Agreement), its officers and the officers of its Affiliates not to institute, any proceeding or bring any other claim arising under, or in connection with, the Agreement, the transactions contemplated thereby against the Guarantor or any Non-Recourse Party (as defined in <u>Section 8</u> herein), except for claims by the Guaranteed Party against (i) the Guarantor under this Limited Guarantee (subject to the limitations described herein), (ii) the parties to the Support and Rollover Agreement under the Support and Rollover Agreement and (iii) the parties to the Joint Bidding Agreement under the Joint Bidding Agreement (in each case, to the extent permitted thereunder and subject to the limitations described therein, as applicable).

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Notwithstanding anything to the contrary contained in this Limited Guarantee or otherwise, the Guaranteed Party hereby agrees that the Guarantor shall have all defenses to the payment of its obligations under this Limited Guarantee (which in any event shall be subject to the Cap) that would be available to Crestview under the Joint Bidding Agreement with respect to the Guaranteed Obligations (other than defenses arising from the bankruptcy, insolvency or similar proceeding with respect to Crestview), as well as any defenses in respect of any fraud or Willful Breach of the Guaranteed Party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4. <u>No Waiver; Cumulative Rights</u>. No failure or delay on the part of the Guaranteed Party to exercise, and no delay in exercising, any right, remedy or power hereunder shall operate as a waiver thereof, nor shall any single or partial exercise by the Guaranteed Party of any right, remedy or power hereunder preclude any other or future exercise of any right, remedy or power hereunder. Each and every right, remedy and power hereby granted to the Guaranteed Party or allowed them by applicable Law shall be cumulative and not exclusive of any other right, remedy or power, and may be exercised by the Guaranteed Party at any time or from time to time. For the avoidance of doubt, and notwithstanding anything to the contrary, the Guaranteed Party hereby expressly acknowledges that the only manner in which the Guaranteed Party or any of its Affiliates can obtain any form of money damages or other remedy against the Guarantor or its Affiliates (including, without limitation, the Non-Recourse Parties) is pursuant to any rights (including any third-party beneficiary rights) under the express provisions of the Support and Rollover Agreement, the Joint Bidding Agreement and/or this Limited Guarantee, subject to the terms and conditions hereof and thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5. <u>Representations and Warranties</u>. The Guarantor hereby represents and warrants to the Guaranteed Party that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) it is an entity duly organized, validly existing and in good standing under the applicable Laws of its jurisdiction of organization and it has all necessary power and authority to execute, deliver and perform this Limited Guarantee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) the execution, delivery and performance of this Limited Guarantee by the Guarantor, and the consummation by the Guarantor of the transactions contemplated hereby, have been duly and validly authorized and approved by all necessary action by it and no other proceedings are necessary to authorize such execution, delivery and performance of this Limited Guarantee and the consummation of the transactions contemplated hereby;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) this Limited Guarantee has been duly and validly executed and delivered by the Guarantor and, upon execution by the other parties hereto, this Limited Guarantee shall be in full force and effect and shall constitute a valid and binding agreement of the Guarantor, enforceable against it in accordance with its terms, except that such enforcement may be subject to any bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer or other applicable Laws, now or hereafter in effect, relating to or limiting creditors' rights generally, and general equitable principles (whether considered in a proceeding in equity or at law);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d) the Guarantor currently has, and shall have at all times during the effectiveness of this Limited Guarantee, the available cash resources or unconditional irrevocable commitments necessary to pay and perform its obligations under this Limited Guarantee, and all funds necessary for the Guarantor to fulfill the Guaranteed Obligations under this Limited Guarantee shall be available to the Guarantor for so long as this Limited Guarantee shall remain in effect in accordance with <u>Section 7</u> hereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (e) all consents, approvals, authorizations, permits of, filings with and notifications to, any Governmental Entity necessary for the due execution, delivery and performance of this Limited Guarantee by the Guarantor have been obtained or made and all conditions thereof have been duly complied with, and no other action by, and no notice to or filing with, any Governmental Entity is required in connection with the execution, delivery or performance of this Limited Guarantee; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (f) the execution, delivery and performance by the Guarantor of this Limited Guarantee do not and will not (i) violate its organizational and governing documents, (ii) violate any applicable Law, (iii) result in any violation of, or default (with or without notice or lapse of time, or both) under, require consent under, or give rise to a right of termination, modification cancellation or acceleration of any

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obligation or to the loss of any benefit under, any contract to which it is a party or (iv) result in the creation of any lien upon any of its assets, properties or rights.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6. <u>Assignment</u>. Neither the Guarantor nor the Guaranteed Party may assign its respective rights, interests or obligations hereunder to any other Person (including by operation of Law or otherwise) without the prior written consent of the Guaranteed Party or the Guarantor, as the case may be. Notwithstanding the foregoing, nothing in this Limited Guarantee shall limit the right and ability of the Guarantor to assign all or any portion of its rights or obligations hereunder to any of its Affiliates that will at all relevant times be financially capable of fulfilling the Guarantor's obligations and rights hereunder; *provided*, that, notwithstanding any other provision hereof, no assignment of any of the Guarantor's rights, interests or obligations hereunder will relieve the Guarantor of any of its obligations hereunder except to the extent actually performed or satisfied by such assignee. In the case of any assignment in accordance with this <u>Section 6</u>, all representations, warranties and covenants of the Guarantor shall be deemed to be those of the Guarantor and such permitted assignee, and all references to the Guarantor shall be deemed to include any such permitted assignee. Any purported assignment in violation of this <u>Section 6</u> shall be null and void. Subject to the foregoing, this Limited Guarantee shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective successors and assigns.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7. <u>Continuing Guarantee</u>. Unless terminated pursuant to this <u>Section 7</u>, this Limited Guarantee may not be revoked or terminated, and shall remain in full force and effect and shall be binding on the Guarantor, its successors and assigns until the Guaranteed Obligations under this Limited Guarantee has been indefeasibly paid, observed, performed or satisfied in full, at which time this Limited Guarantee shall terminate and the Guarantor shall have no further obligations under or in connection with this Limited Guarantee. Notwithstanding the foregoing, this Limited Guarantee shall terminate and the Guarantor shall have no further obligations under this Limited Guarantee as of the earliest of (a) the occurrence of the Closing, (b) receipt by the Guaranteed Party of the payment of the Guaranteed Obligations in full, (c) the valid termination of the Joint Bidding Agreement in accordance with its terms under circumstances in which Crestview would not be obligated to make any payments with respect to any of the Guaranteed Obligations and (d) 60 days following any valid termination of the Joint Bidding Agreement in accordance with its terms under circumstances in which Crestview would be obligated to pay the Guaranteed Obligations if the Guaranteed Party has not presented a claim for payment of the Guaranteed Obligations to Crestview or the Guarantor by such date (or, if the Guaranteed Party has made a claim under this Limited Guarantee prior to such date, then the earliest of (w) a final, non-appealable Order by a court of competent jurisdiction resolving such claim determining that Crestview does not have any liability to the Guaranteed Party that gives rise to the Guaranteed Obligations, (x) payment in full of the amounts due and owing in respect of the Guaranteed Obligations as determined in a final, non-appealable Order by a court of competent jurisdiction resolving such claim and (y) a written agreement among the Guarantor and the Guaranteed Party terminating the obligations of the Guarantor pursuant to this Limited Guarantee). Notwithstanding the foregoing, in the event that the Guaranteed Party or any of its Affiliates or its or their respective successors or assigns, directly or indirectly asserts in any litigation or other proceeding that the provisions of <u>Section 1</u> hereof limiting the Guarantor's liability to the Cap or the provisions of this <u>Section 7</u> or <u>Sections 8</u> through <u>11</u>, <u>13</u>, or the fourth sentence or sixth sentence of <u>Section 14</u> of this Limited Guarantee are illegal, invalid or unenforceable in whole or in part, or asserts any theory of liability whatsoever (whether at law or in equity, whether sounding in contract, tort, statute or otherwise) against the Guarantor or any Non-Recourse Party (as defined in <u>Section 8</u>) with respect to this Limited Guarantee or the Joint Bidding Agreement (collectively, the "<u>Transaction Agreements</u>") or any other agreement or instrument delivered pursuant to such Transaction Agreements, or the transactions contemplated hereby or thereby, other than Retained Claims (as defined in <u>Section 8</u> hereof), then (i) the obligations of the Guarantor under or in connection with this Limited Guarantee shall terminate *ab initio* and be null and void, (ii) if the Guarantor has previously made any payments under this Limited Guarantee, it shall be entitled to recover such payments, and (iii) neither the Guarantor nor any other Non-Recourse Party shall have any liability whatsoever (whether at law or in equity, whether sounding in contract, tort, statute or otherwise) to the Guaranteed Party or any of its Affiliates, in any way under or in connection with any Transaction Agreement, any other agreement or instrument delivered pursuant to such Transaction Agreement, or the transactions contemplated hereby or thereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8. <u>No Recourse</u>. Notwithstanding anything that may be expressed or implied in this Limited Guarantee or any other Transaction Agreement, or in any agreement or instrument delivered or statement

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made or action taken in connection with or pursuant to, the transactions contemplated by any of the Transaction Agreements (this Limited Guarantee, the other Transaction Agreements and such agreements, instruments and transactions collectively, "<u>Transaction-Related Matters</u>"), and notwithstanding any equitable, common law or statutory right or claim that may be available to the Guaranteed Party or any of their respective Affiliates, and notwithstanding the fact that the Guarantor may be a partnership, by its acceptance of the benefits of this Limited Guarantee, the Guaranteed Party covenants, acknowledges and agrees, on behalf of itself and its Affiliates, that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) No Non-Recourse Party has or shall have any obligations (whether of an equitable, contractual, tort, statutory or other nature) under or in connection with any Transaction-Related Matter, other than (i) the Guarantor's obligation to pay the Guaranteed Obligations under this Limited Guarantee, and subject to the Cap, the provisions of the Joint Bidding Agreement and the other limitations described herein, (ii) the obligations of the parties thereto under the Support and Rollover Agreement and (iii) the obligations of the parties thereto under the Joint Bidding Agreement (collectively, the "<u>Retained Claims</u>");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) No recourse (whether under an equitable, contractual, tort, statutory or other claim or theory) under or in connection with any Transaction-Related Matter shall be sought or had against (and, without limiting the generality of the foregoing, no liability shall attach to) any Non-Recourse Party, whether through the Guaranteed Party, Merger Sub or any other Person interested in the transactions contemplated by any Transaction Agreement or otherwise, whether by or through theories of equity, agency, control, instrumentality, alter ego, domination, sham, single business enterprise, piercing the veil, unfairness, undercapitalization, or any other attempt to avoid or disregard the entity form of any Non-Recourse Party, by or through a claim by or on behalf of the Guaranteed Party, Merger Sub or any other Person against any Non-Recourse Party, by the enforcement of any assessment, by any legal or equitable proceeding, by virtue of any applicable Law, or otherwise, except for Retained Claims; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) Neither the Guaranteed Party nor any of its Affiliates have relied on any statement, representation or warranty or assurance made by, or any action taken by, any Person in connection with a Transaction-Related Matter, other than those made by (i) the Guarantor in this Limited Guarantee, (ii) Crestview in the Joint Bidding Agreement and (iii) the parties to the Support and Rollover Agreement in the Support and Rollover Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d) The Retained Claims shall be the sole and exclusive remedy (whether at law or in equity, whether sounding in contract, tort, statute or otherwise) of the Guaranteed Party, all of its Affiliates and any Person purporting to claim by or through any of them or for the benefit of any of them against any or all of the Non-Recourse Parties, in respect of any claims, liabilities or obligations arising under or in connection with any Transaction-Related Matter. The Guaranteed Party hereby covenants and agrees that, other than with respect to the Retained Claims, it shall not, and it shall cause its Affiliates not to, institute any proceeding or bring any claim in any way under or in connection with any Transaction-Related Matter (whether at law or in equity, whether sounding in contract, tort, statute or otherwise) against any Non-Recourse Party. Other than the Non-Recourse Parties (who are intended third party beneficiaries of this Limited Guarantee pursuant to <u>Section 14</u> hereof), no Person other than the Guarantor and the Guaranteed Party shall have any rights or remedies under, in connection with or in any manner related to this Limited Guarantee or the transactions contemplated hereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (e) As used herein, the term "<u>Non-Recourse Parties</u>" means, collectively, any and all former, current or future direct or indirect equity holders, controlling persons, directors, officers, employees, agents, members, managers, management companies, general or limited partners, assignees or Affiliates of the Guarantor and any and all former, current or future direct or indirect equity holders, controlling persons, directors, officers, employees, agents, members, managers, management companies, general or limited partners, assignees or Affiliates of any of the foregoing, and any and all former, current or future heirs, executors, administrators, trustees, successors or assigns of any of the foregoing, and the providers of any financing (excluding the Guarantor and Guarantor's successors and permitted assigns under this Limited Guarantee).

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9. <u>Governing Law; Jurisdiction</u>. This Limited Guarantee shall be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to any choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. In addition, each of the parties hereto irrevocably agrees that any Action with respect to this Limited Guarantee and the rights and obligations arising hereunder or the transactions contemplated hereby, or for recognition and enforcement of any judgment in respect of this Limited Guarantee and the rights and obligations arising hereunder brought by the other party hereto or its successors or assigns, shall be brought and determined exclusively in the Delaware Court of Chancery and any state appellate court therefrom within the State of Delaware (or, if the Delaware Court of Chancery declines to accept jurisdiction over a particular matter, any state or federal court within the State of Delaware). Each of the parties hereto hereby irrevocably submits with regard to any such Action for itself and in respect of its property, generally and unconditionally, to the personal jurisdiction of the aforesaid courts and agrees that it will not bring any Action relating to this Limited Guarantee or any of the matters contemplated by this Limited Guarantee in any court other than the aforesaid courts. Each of the parties hereto hereby irrevocably waives, and agrees not to assert as a defense, counterclaim or otherwise, in any Action with respect to this Limited Guarantee, (a) any claim that it is not personally subject to the jurisdiction of the above-named courts, (b) any claim that it or its property is exempt or immune from the jurisdiction of any such court or from any legal process commenced in such courts (whether through service of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise) and (c) to the fullest extent permitted by the applicable Law, any claim that (i) the Action in such court is brought in an inconvenient forum, (ii) the venue of such Action is improper or (iii) this Limited Guarantee, or the subject matter hereof, may not be enforced in or by such courts. Each party hereto irrevocably consents to service of process inside or outside the territorial jurisdiction of the courts referred to in this <u>Section 9</u> in the manner provided for notices in <u>Section 8.8</u> of the Agreement. Nothing in this Limited Guarantee will affect the right of any party hereto to serve process in any other manner permitted by applicable Law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10. <u>WAIVER OF JURY TRIAL</u>. EACH OF THE PARTIES TO THIS LIMITED GUARANTEE HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS LIMITED GUARANTEE OR THE SUBJECT MATTER HEREOF. EACH PARTY MAKES THIS WAIVER VOLUNTARILY AND SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS LIMITED GUARANTEE BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS CONTAINED IN THIS <u>SECTION 10</u>. EACH PARTY ACKNOWLEDGES AND AGREES THAT (a) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER; (b) IT UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER; (c) IT MAKES THIS WAIVER VOLUNTARILY AND (d) IT HAS BEEN INDUCED TO ENTER INTO THIS LIMITED GUARANTEE BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS <u>SECTION 10</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11. <u>Severability</u>. Any term or provision of this Limited Guarantee that is invalid or unenforceable in any jurisdiction shall, as to that jurisdiction, be ineffective to the sole extent of such invalidity or unenforceability without rendering invalid or unenforceable the remainder of such term or provision or the remaining terms and provisions of this Limited Guarantee in any jurisdiction. If any provision of this Limited Guarantee is so broad as to be unenforceable, such provision shall be interpreted to be only so broad as is enforceable*; provided, however*, that this Limited Guarantee may not be enforced without giving effect to the limitation of the amount payable hereunder to the Cap provided in <u>Section 1</u> hereof and the provisions of <u>Section 7</u>, <u>Section 8</u> and this <u>Section 11</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12. <u>Amendment</u>. This Limited Guarantee may not be amended or otherwise modified except pursuant to a written document duly executed by the Guarantor and the Guaranteed Party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13. <u>No Third Party Beneficiaries</u>. No Person other than the Guaranteed Party (and its successors and assigns) shall be entitled to rely upon or enforce this Limited Guarantee, and this Limited Guarantee shall be binding upon and inure solely to the benefit of each party hereto and nothing herein is intended to

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or shall confer upon any other Person any rights, benefits or remedies whatsoever under or by reason of this Limited Guarantee, except as provided in <u>Section 8</u> hereof for the benefit of the Non-Recourse Parties. In furtherance of the foregoing, no creditor of the Guaranteed Party, Crestview, Merger Sub or any of their respective Affiliates, or any Person claiming by, through or on behalf of any of them or any other Person, shall have any right to enforce this Limited Guarantee or to cause the Guaranteed Party, Crestview, Merger Sub, or any other Person to seek to enforce this Limited Guarantee, in each case, other than the Guaranteed Party (or its successors or assigns) in the limited circumstances described herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14. <u>Miscellaneous</u>. This Limited Guarantee may be executed in counterparts (including by facsimile, by electronic mail in "portable document format" (.pdf) form, or by any other electronic means intended to preserve the original graphic and pictorial appearance of a document), each of which shall be an original, with the same effect as if the signatures thereto and hereto were original signed versions upon the same instrument delivered in person. This Limited Guarantee shall become effective when one or more counterparts have been signed by each of the parties and delivered (by telecopy, facsimile, electronic mail or otherwise as authorized by the prior sentence) to the other parties. No party may raise the use of any such electronic delivery or electronic signature as a defense to the formation of a contract, and each party forever waives any such defense, except to the extent such defense relates to lack of authenticity. The provisions of this Limited Guarantee, together with the Joint Bidding Agreement, the Agreement and the other documents and agreements delivered in connection therewith or referred to therein, contain the entire agreement of the parties hereto with respect to the subject matter hereof and supersede any prior oral or written agreements, undertakings, understandings, discussions, negotiations or proposals relating to the subject matter hereof. The headings contained in this Limited Guarantee are for convenience purposes only and will not in any way affect the meaning or interpretation hereof. Each of the parties agrees that they have been represented by legal counsel during the negotiation and execution of this Agreement and therefore waive the application of any law, regulation, holding or rule of construction providing that ambiguities in an agreement or other document will be construed against the party drafting such agreement or document.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15. <u>Confidentiality</u>. This Limited Guarantee shall be treated as strictly confidential and is being provided by the Guarantor solely in connection with the Agreement. This Limited Guarantee may not be used, circulated, quoted or otherwise referred to in any document (other than the Agreement or the Joint Bidding Agreement), except with the written consent of the Guarantor; provided, that no such written consent shall be required in connection with the enforcement by the Guaranteed Party of the terms of this Limited Guarantee and its rights and obligations hereunder, for any disclosure of the existence or terms of this Limited Guarantee to the parties to the Agreement or their respective officers, directors, advisors and other representatives or to the extent required by applicable Law, the applicable rules of any national securities exchange or if required in connection with any required filing or notice with any Governmental Entity relating to the Merger and the other transactions contemplated by the Agreement.

[Signature Pages Follow]

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IN WITNESS WHEREOF, the Guarantor has caused this Limited Guarantee to be executed and delivered as of the date first written above by its duly authorized signatory.

**<u>GUARANTOR</u>**:

CRESTVIEW PARTNERS III, L.P.

By:

/s/ Evelyn C. Pellicone

Name: Evelyn C. Pellicone

Title: Chief Financial Officer

[Signature Page to Limited Guarantee]

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IN WITNESS WHEREOF, the Guaranteed Party has caused this Limited Guarantee to be executed and delivered as of the date first written above by its officer thereunto duly authorized.

**<u>GUARANTEED PARTY</u>**:

BANDIT PARENT, LP

By:

/s/ Jonathan Friesel

Name: Jonathan Friesel

Title: Vice President

[Signature Page to Limited Guarantee]

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## Ex-Filing

?xml version='1.0' encoding='ASCII'? EX-FILING FEES

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Calculation of Filing Fee Tables** <br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| | | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Transaction Valuation**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fee Rate**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Amount of Filing Fee**  |
| Fees to be Paid | 1 | $457086052.80 | 0.0001531 | $69979.87 |
| Fees Previously Paid |  |  |  |  |
|  | Total Transaction Valuation: | $457086052.80  |  |  |
|  | Total Fees Due for Filing: |  |  | $69979.87  |
|  | Total Fees Previously Paid:  |  |  | $0.00  |
|  | Total Fee Offsets:  |  |  | $69979.87  |
|  | Net Fee Due:  |  |  | $0.00  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Offering Note** <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup> (a) Aggregate number of securities to which transaction applies: As of September 10, 2025, the maximum number of shares of common stock of WideOpenWest, Inc. (the "Company") to which this transaction applies is estimated to be 87,901,164, which consists of (1) 85,709,412 shares of common stock entitled to receive the per share merger consideration of $5.20 per share (including shares of common stock underlying certain outstanding restricted stock unit awards that are expected to convert into shares of common stock prior to or as of the closing of the transaction) or are otherwise being acquired; and (2) 2,191,752 shares of common stock underlying certain outstanding performance stock unit awards that are expected to convert into shares of common stock prior to or as of the closing of the transaction, which are entitled to receive the per share merger consideration of $5.20 per share. (b) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): Estimated solely for the purposes of calculating the filing fee, as of September 10, 2025, the underlying value of the transaction was calculated based on the sum of (1) the product of 85,709,412 shares of common stock and the per share merger consideration of $5.20 per share; and (2) the product of 2,191,752 shares of common stock underlying certain outstanding performance stock unit awards that are expected to convert into shares of common stock prior to or as of the closing of the transaction and $5.20.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | Registrant or Filer Name | Form or Filing Type | File Number | Initial Filing Date | Filing Date | Fee Offset Claimed | Fee Paid with Fee Offset Source |
| Fee Offset Claims |  |  | Schedule 14A | 001-38101 | 09/17/2025 |  | $69979.87 |  |
| Fee Offset Sources | 1 | WideOpenWest, Inc. | Schedule 14A | 001-38101 |  | 09/17/2025 |  | $69979.87 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Offset Note** <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup> The Company previously paid $69,979.87 upon the filing of its Preliminary Proxy Statement on Schedule 14A on September 17, 2025 in connection with the transaction reported hereby.