On March 5, 2024, Crown Castle Inc. commented on the self-serving litigation brought by Ted Miller and Boots Capital Management. The Company stated that the lawsuit brought by Ted Miller is without merit and underscores that his activism campaign against the Company is focused on his own self interests. The Company also stated that these interests include, among other things, the appointment to the Board of himself and 3 of his handpicked nominees (including his son-in-law) and getting himself installed as a paid executive of the Company (with the title of executive chairman) after spending more than 22 years away.

The Company stated that after previously calling for the Board to act with urgency, Ted Miller is seeking as part of his litigation a Court order to, among other things, impede progress on the Company?s ongoing CEO search and the strategic and operating review of its fiber business. In addition to advancing a self-serving agenda, impeding value-creation work that Ted Miller claims to support, and being premised on a host of misleading assertions and outright inaccuracies, Ted Miller?s litigation seeks inappropriately to weaponize the Delaware Court of Chancery?s recent decision in West Palm Beach Firefighters? Pension Fund v. Moelis & Co.

in an attempt to gain an advantage in his proxy fight against the Company.