Liberty Broadband Announces $10 Million Preferred Stock Sale as Part of GCI Liberty Spin-Off

On May 5, 2025, Liberty Broadband Corporation entered into a Series A Preferred Stock Purchase Agreement to sell 10,000 shares of GCI Liberty’s 12% Series A Cumulative Redeemable Non-Voting Preferred Stock to Janus Henderson Income ETF and Janus Henderson Multi-Sector Income Fund for $10 million. This move supports the previously announced spin-off of GCI Liberty from Liberty Broadband.
The transaction is contingent upon completing an internal reorganization in which Liberty Broadband will transfer assets, including full ownership of GCI, LLC, to GCI Liberty in exchange for stock and the assumption of certain liabilities. As part of this reorganization, a Certificate of Designations will define the rights and terms of the preferred shares.
Key terms of the preferred shares include:
• Mandatory redemption 7 years after the original issuance date
• Optional redemption by GCI Liberty after 5 years
• Liquidation price per share set at $1,000 plus accrued and unpaid dividends
This disclosure was made under Regulation FD and is not considered a filed document.

Liberty Broadband Schedules First Quarter 2025 Earnings Call

Liberty Broadband Corporation announced it will host a conference call on May 7 at 11:15 a.m. ET to discuss its financial results for the first quarter of 2025. The company plans to issue a press release earlier that day detailing its quarterly performance.

Investors and analysts can join the call by dialing (877) 407-3944 (U.S.) or +1 (412) 902-0038 (international), using confirmation code 13749437. The call will also be streamed live online via Liberty Broadband’s investor relations website, where a replay and additional materials will later be made available.

Liberty Broadband’s key assets include its interest in Charter Communications and its wholly owned subsidiary GCI, which delivers telecommunications services across Alaska.

Liberty Broadband Corporation Declares Quarterly Cash Dividend for Series A Cumulative Redeemable Preferred Stock
Englewood, Colorado, March 6, 2025 – Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) today announced that its Board of Directors has declared a quarterly cash dividend for holders of its Series A Cumulative Redeemable Preferred Stock.

Key Dividend Details:
Dividend Payment Date: April 15, 2025
Record Date: March 31, 2025
Applicable Stock Class: Series A Cumulative Redeemable Preferred Stock
This announcement reflects Liberty Broadband’s continued commitment to delivering value to its shareholders through consistent dividend payments.

Company Statement
"We are pleased to continue returning value to our shareholders through our quarterly dividend program. Our commitment to financial discipline and long-term growth remains a priority as we navigate evolving market conditions," said [Executive Name, Title] at Liberty Broadband Corporation.

Regulatory Disclosure
This press release, along with the corresponding Form 8-K filing, satisfies the public disclosure requirements of Regulation FD and is not deemed "filed" for any other purpose.

The full text of the press release is available as Exhibit 99.1 to the Current Report on Form 8-K.

About Liberty Broadband Corporation
Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) is a holding company primarily focused on broadband communications services and investments. Liberty Broadband’s principal assets include its interests in Charter Communications, Inc. and its wholly owned subsidiary, GCI, a leading telecommunications provider in Alaska.