Uniti : Nareit 2025 REITweek Investor Conference Presentation

Published: 2025-06-04 07:43:06 ET UNIT

Published on 06/04/2025 at 07:43

Together, Building the Future

~240K

Fiber Route Miles(1)

~75%

% Network Inventory

Available

~625K

Near-Net Locations(3)

~12.8K

Fiber-to-the-Tower Connections

~4.4M

Residential Households

~150K

On-Net

Locations(2)

300+

Metro Markets

~2.6K

Small Cell Connections

Company's Combined Tier II and III Market Footprint Creates Significant Competitive Advantage

Note: Data as of March 31, 2025.

Excludes ~9K fiber route miles that overlap between the existing Uniti and Windstream networks.

Represents on-net buildings connected to the combined network.

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Includes ~300,000 locations on Uniti network and ~325,000 locations on Windstream network that are within 2,000 feet of the overall network.

Uniti and Windstream to combine to create a premier insurgent fiber provider with ~$4 billion in revenue

and 240,000 fiber route miles covering 47 states within the U.S.

Existing Uniti shareholders will own ~62% and existing Windstream shareholders will own ~38% of the outstanding common equity of the combined company(1), with certain of Windstream's largest shareholders, including Elliott, rolling substantially all of their investment value in Windstream into the combined company

New combined company will be well-positioned in rapidly growing market for digital infrastructure services, particularly in Tier II and III markets

Combination accelerates growth, improves competitiveness and removes several dis-synergies and

encumbrances, with additional levers for value creation and increased strategic optionality

Compelling financial profile with meaningful synergies, enhanced cash flow generation and improved

leverage that supports increasing shareholder returns

Ownership percentage excludes impact of non-voting warrants issued to certain shareholders of Windstream. Inclusive of non-voting warrants, existing Uniti shareholders will own ~58% of the outstanding common equity of the combined company and existing Windstream shareholders will own ~42% of the outstanding common equity of the combined company.

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Disclaimer

Uniti Group Inc. published this content on June 04, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 04, 2025 at 11:42 UTC.