The company entered into an amendment to the Cooperation Agreement with Elliott Investment Management L.P., Elliott Associates, L.P. and Elliott International L.P. on March 3, 2024, December 19, 2023.

1. 01

   The company entered into an amendment to the Cooperation Agreement with Elliott Investment Management L.P., Elliott Associates, L.P. and Elliott International L.P. on March 3, 2024, December 19, 2023.

2. 02

   Crown Castle said the Amendment removes limits on the size of the Board and of the Fiber Review Committee and the Chief Executive Officer Search Committee, and expressly provides that the Board may change the size of the Board or either committee.

3. 03

   The company said that under the Amendment, Elliott will vote the common stock it and certain affiliates beneficially own at the 2024 Annual Meeting pro rata in line with the votes of other stockholders. There are certain exceptions.

4. 04

   The company said that if the Board determines in good faith, after consulting counsel, that its fiduciary duties require it to change its recommendation on Jason Genrich or Sunit Patel, or both, it may do so, and it will then have no obligation to solicit proxies for any director it no longer recommends. In that case, Elliott may solicit proxies in favor of that director.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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