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Crown Castle Appoints Katherine Motlagh to its Board of Directors

1. Katherine Motlagh appointed to Crown Castle's board effective March 17, 2025. 2. Motlagh has extensive finance and telecom experience from American Tower and CyrusOne. 3. Her insights are expected to aid Crown Castle's transformation to a pure-play tower business. 4. Crown Castle owns over 40,000 cell towers and 90,000 route miles of fiber. 5. Forward-looking statements indicate potential risks during the company's transformation process.

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FAQ

Why Bullish?

Katherine Motlagh's significant expertise may enhance Crown Castle's strategic direction and operational efficiencies, thus positively affecting stock performance. Historical trends show that appointments of experienced individuals often lead to stock price increases.

How important is it?

The announcement of a board member with relevant experience could influence investor sentiment, shaping future company performance. However, any potential negative impacts from transformation risks must be considered.

Why Long Term?

The impact of strategic leadership changes generally unfolds over time as new strategies are implemented. An example being the positive long-term shareholder response to leadership changes at similar companies such as American Tower.

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AMTCONEVZ
March 17, 2025 17:01 ET  | Source: Crown Castle Inc. HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today the appointment of Katherine Motlagh to its board of directors. Ms. Motlagh’s appointment is effective today, March 17, 2025. Ms. Motlagh previously served as CFO of CyrusOne LLC and CFO of the Europe, Africa and Latin America regions of American Tower Corporation. She currently serves on the board of directors of EVgo, Inc., where she serves as Chair of the audit committee. “Katherine brings extensive financial, investment and telecom industry experience to Crown Castle’s board,” said P. Robert Bartolo, Chair of the Crown Castle board of directors. “Her insights will be extremely valuable as the company goes through this time of transformation to a pure-play tower business.” ABOUT KATHERINE MOTLAGHKatherine Motlagh is the former Chief Financial Officer of CyrusOne LLC, where she was responsible for CyrusOne’s accounting, finance, capital markets, tax, procurement, and investor relations functions. Prior to joining CyrusOne, Ms. Motlagh served as CFO of the Europe, Africa and Latin America regions at American Tower, where she led a global finance organization of over 300 employees. Earlier in her career, Ms. Motlagh held divisional CFO roles as well as a variety of finance and accounting leadership roles with progressively increasing responsibilities at Ericsson, Inc., Nokia, Inc., and Nextel Communications, Inc. Ms. Motlagh holds a master’s degree from the Academy of Finance in Moscow and is a licensed Certified Public Accountant. Additionally, Katherine has previously served on the National and European Board of the Institute of Management Accountants and is a Certified Management Accountant. CAUTIONARY LANGUAGE REGARDING FORWARD-LOOKING STATEMENTSThis press release contains forward-looking statements that are based on Crown Castle management's current expectations.  Such statements include plans, projections and estimates regarding (1) the appointment of Ms. Motlagh and her expected contribution to Crown Castle and (2) the transformation of Crown Castle to a pure-play tower business. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. More information about potential risk factors that could affect Crown Castle and its results is included in Crown Castle's filings with the Securities and Exchange Commission. The term "including," and any variation thereof, means "including, without limitation." ABOUT CROWN CASTLECrown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service - bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit www.crowncastle.com. CONTACTSDan Schlanger, CFOKris Hinson, VP & TreasurerCrown Castle Inc.713-570-3050

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