Liberty Broadband Corporation (LBRDK)
NASDAQ: LBRDK · Real-Time Price · USD
34.73
+0.26 (0.75%)
May 12, 2026, 2:06 PM EDT - Market open
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AGM 2026

May 11, 2026

Operator

Thank you for attending the 2026 annual meeting of stockholders of Liberty Broadband. I will now turn the meeting over to the chairman of the meeting, John Malone.

John Malone
Chairman of the Board, Liberty Broadband

Good morning, welcome to the 2026 annual meeting of stockholders of Liberty Broadband. I'm John Malone, chairman of the board. I will act as chairman of this meeting. On behalf of the directors and senior officers of the company, I want to thank you for taking the time to attend this annual meeting. We appreciate your continued interest in Liberty Broadband. At this time, I would like to introduce the company's Corporate Secretary, Kellie Norton, who will act as secretary of the meeting and will say a few words about our 2026 annual meeting procedures.

Kellie Norton
Corporate Secretary, Liberty Broadband

Thank you, Mr. Chairman. To conduct this virtual meeting in an orderly fashion, we respectfully direct your attention to the rules of conduct for the meeting located on the virtual meeting portal. Only Liberty Broadband stockholders are permitted to ask questions during the formal meeting. We thank you in advance for helping us conduct the 2026 annual meeting in an orderly fashion.

John Malone
Chairman of the Board, Liberty Broadband

Thank you, Kellie. We'll now proceed with the formal items of business. Christine Amrhein of American Election Services has been appointed to serve as the Inspector of Election. We are here today to vote upon each of the proposals described in the notice of annual meeting and proxy statement. Has the Inspector of Election tabulated the number of shares here today present via the virtual meeting portal or represented by proxy?

Kellie Norton
Corporate Secretary, Liberty Broadband

Mr. Chairman, based on the information received from Broadridge and the Inspector of Election, shares of the company's Series A common stock, Series B common stock, and Series A cumulative redeemable preferred stock, representing at least a majority of the aggregate voting power of such stock outstanding on the record date, are present via the virtual meeting portal or represented by proxy at today's meeting. Therefore, a quorum is present for this meeting.

John Malone
Chairman of the Board, Liberty Broadband

Thank you, Kellie. As reported, a quorum is represented here today, therefore, the annual meeting is formally called to order. Copies of the list of stockholders entitled to vote at the meeting and the notice of annual meeting and proxy statement relating to the annual meeting are available on the virtual meeting portal. As stated in the notice of annual meeting and proxy statement, stockholders will vote on two proposals, each of which will be described in turn. The election of directors proposal is a proposal to elect myself, Gregg Engles , and John Welsh to continue serving as class III members of our board until the 2029 annual meeting of stockholders or until our earlier resignation or removal. Our biographies can be found on pages 13 and 14 of the proxy statement. The meeting is now open for any questions concerning the director nominees.

Kellie, please confirm we have not received any questions.

Kellie Norton
Corporate Secretary, Liberty Broadband

Mr. Chairman, we have not received any questions.

John Malone
Chairman of the Board, Liberty Broadband

Proposal two, the auditor's ratification proposal, is a proposal to ratify the selection of KPMG LLP as our independent auditors for the fiscal year ending December 31, 2026. Stuart McMullin, a partner with KPMG LLP, is prepared to respond to appropriate auditing questions. Kellie, please confirm we have not received any questions.

Kellie Norton
Corporate Secretary, Liberty Broadband

Mr. Chairman, we have not received any questions for KPMG.

John Malone
Chairman of the Board, Liberty Broadband

The voting requirements for each of the proposals are described in the proxy statement. The board of directors recommends that you vote for each nominee listed in proposal one and for proposal two. The time is now 11:19 A.M. on May 11, 2026, and the polls are now open for voting on each of the proposals. If you desire to vote at this meeting, you can do so via the virtual meeting portal. If you have previously voted by proxy, you do not need to vote today unless you wish to change your vote. Kellie, please confirm the virtual meeting portal is recording any votes.

Kellie Norton
Corporate Secretary, Liberty Broadband

Mr. Chairman, the virtual meeting portal has recorded any votes.

John Malone
Chairman of the Board, Liberty Broadband

The time is now 11:19 A.M. on May 11, 2026, and the polls for voting on each of the proposals are now officially closed. Has the inspector of election tabulated the votes represented here and by proxy on each of the proposals?

Kellie Norton
Corporate Secretary, Liberty Broadband

Mr. Chairman, the Inspector of Election has completed the tabulation of votes and has certified that based on preliminary results, the requisite number of shares have been voted in favor of election of you, Mr. Engles, and Mr. Welsh, and in favor of proposal two.

John Malone
Chairman of the Board, Liberty Broadband

Based on preliminary results, myself, Mr. Engles, and Mr. Welsh have been duly elected as class III members of our board of directors, and proposal two has been approved. This concludes the scheduled business as presented in the Notice of Annual Meeting and Proxy Statement. Is there any other business to properly come before this meeting? Kellie, please confirm we've not rece ived any motions for other business.

Kellie Norton
Corporate Secretary, Liberty Broadband

Mr. Chairman, please allow me time to check for any other motions. Mr. Chairman, we have not received any motions.

John Malone
Chairman of the Board, Liberty Broadband

At this time, I'd like to adjourn the annual meeting. I'd like to thank you for your attendance at this meeting and your continued interest in our company. The 2026 annual meeting of stockholders is now adjourned.

Kellie Norton
Corporate Secretary, Liberty Broadband

Thank you, Mr. Chairman. That concludes the Liberty Broadband annual meeting of stockholders.

Operator

Thank you. All participants may now disconnect.

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