On March 27, 2023, Duncan H. Cocroft, a member of the Board of Directors (the “Board”) of SBA Communications Corporation (the “Company”) since 2004, notified the Board that he had decided to retire and would not stand for re-election at the Company's 2023 Annual Meeting of Shareholders. Mr. Cocroft confirmed that his decision to not stand for re-election was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
On March 28, 2023, Fidelma Russo, a member of the Board since 2020, notified the Board that she had decided not to stand for re-election at the Company's 2023 Annual Meeting of Shareholders in order to focus on her other commitments and that the decision not to stand for re-election was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.