On March 25, 2015, J. David Wargo joined the board of directors of Liberty Broadband Corporation. Following Mr. Wargos election, the company has a total of 6 directors, divided among 3 classes, with Mr. Wargo to serve as a Class I member with a term expiring at the annual meeting of stockholders in 2015. The company's board of directors (the board) has determined that Mr. Wargo qualifies as an independent director for purposes of The Nasdaq Stock Market rules as well as applicable rules and regulations adopted by the Securities and Exchange Commission and will serve on each of the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee of the board.