On January 31, 2024, Consolidated Communications Holdings, Inc. announced that, based on the preliminary vote count provided by its proxy solicitor following the Company?s special meeting of shareholders held earlier on January 31, 2024, the Company shareholders have voted overwhelmingly to approve the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation (the proposed transaction). The Company stated that approximately 75% of disinterested shareholders voted to approve the proposal to adopt the merger agreement and approve the proposed transaction and the Company will file final, certified voting results on a Form 8-K with the U.S. Securities and Exchange Commission as soon as practicable. Robert J. Currey, the Chairman of the Company stated that today?s vote by the Company shareholders is a clear endorsement that they recognize the value-maximizing nature of this transaction.

In addition, the Company stated that the proposed transaction is expected to close by the first quarter of 2025, subject to customary closing conditions, including receipt of regulatory approvals and following the closing of the proposed transaction, shares of the Company common stock will no longer be traded or listed on any public securities exchange.