Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.

Exercise of SNR Put Right

On November 15, 2021, DISH Network Corporation ("DISH") through its wholly-owned subsidiary American AWS-3 Wireless III L.L.C. ("American III") received notice that SNR Wireless Management, LLC ("SNR Management") is exercising the SNR Put Right effective as of the same date. The value of the SNR Put Right has accrued to approximately $300 million as of November 15, 2021. The consummation of the sale (which will be paid using funds provided by DISH) is subject to approval by the Federal Communications Commission.

For further information regarding the SNR Put Right, please see DISH's public filings, including disclosure under the caption "Redeemable Noncontrolling Interests" in DISH's Form 10-Q for the period ended September 30, 2021.

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