SBA Communications Corporation Announces Moving to a Virtual Meeting
for 2020 Annual Meeting of Shareholders
Boca Raton, Florida, April 30, 2020—SBA Communications Corporation (Nasdaq: SBAC) (“SBA” or the “Company”) provided notice today of an update to the location for the Company’s 2020 Annual Meeting of Shareholders (the “Annual Meeting”).
Due to the public health impact of, business closures ordered by governmental authorities as a result of, and travel concerns related to,the COVID-19 pandemic, the Annual Meeting will be held in a virtual only meeting format on Thursday, May 14, 2020, at 10:00 a.m. Eastern Daylight Time. Online access to the meeting will begin at 9:45 a.m. Eastern Daylight Time. You will not be able to attend the Annual Meeting in person. We expect this modification in meeting format to be effective for this year only due to the public health impact of, business closures ordered by governmental authorities as a result of, and travel concerns related to,the COVID-19 pandemic and intend to return toan in-person annual meeting in future years after public health conditions have improved.
You are entitled to attend the Annual Meeting if you were a shareholder of record as of the close of business on March 12, 2020 (the “Record Date”), or you are a beneficial holder on the Record Date and you register in advance and hold a legal proxy for the Annual Meeting provided by your bank, broker, or nominee.
Attending the Annual Meeting as a Shareholder of Record
Holders of record of SBA Class A common stock as of the Record Date (i.e., you held your shares in your own name as reflected in the records of our transfer agent, Computershare) can virtually attend the Annual Meeting by accessing www.meetingcenter.io/260346344 and entering the15-digit control number on the Proxy Card or Notice of Internet Availability of Proxy Materials you previously received and the meeting password, SBAC2020. We have designed the format of the Annual Meeting to provide shareholders the same rights and opportunities to participate as they would atan in-person meeting.
Registering to Attend the Annual Meeting as a Beneficial Holder
Beneficial holders of SBA Class A common stock as of the Record Date (i.e. you hold your shares in “street name” through an intermediary, such as a bank, broker or nominee) must register in advance to virtually attend the Annual Meeting. To register, you must obtain a legal proxy, executed in your favor, from the holder of record and submit proof of your legal proxy reflecting the number of SBA Class A common stock you held as of the Record Date, along with your name and email address, to Computershare. Please forward the email from your broker, or attach an image of your legal proxy to legalproxy@computershare.com. Requests for registration must be labeled as “Legal Proxy” and be received no later than 5:00 p.m., Eastern Daylight Time, on May 8, 2020. You will then receive a confirmation of your registration, with a control number, by email from Computershare. At the time of the meeting, go to www.meetingcenter.io/260346344 and enter your control number and the meeting password, SBAC2020. We encourage you to access the meeting in advance of the designated start time.
Asking Questions; Rules of Conduct
Beginning 15 minutes prior to, and during, the Annual Meeting, you can view our Agenda and the Rules of Conduct for the Annual Meeting and submit questions pertinent to the items brought before the shareholder vote at the Annual Meeting, at www.meetingcenter.io/260346344, which we intend to answer during the Annual Meeting, as time permits and in accordance with our Rules of Conduct for the Annual Meeting. The Rules of Conduct will also be available beginning May 13, 2020 at www.meetingcenter.io/260346344. After the business portion of the Annual Meeting concludes and the meeting is adjourned, the CEO will make a presentation on the business of the Company and we will hold a Q&A session during which we intend to answer all pertinent questions submitted in writing related to the business presentation, as time permits and in accordance with our Rules of Conduct for the Annual Meeting.