News Summary

• The Array Board of directors has received a non-binding proposal, dated May 7, 2026, from Telephone and Data Systems, Inc.
• The Proposal is conditioned on the recommendation of a special committee of disinterested directors of the Company and the approval by a majority of the votes cast by disinterested stockholders.
• There can be no assurance that any transaction will be accepted, rejected, consummated or abandoned.
• Array owns 4,450 cell towers in 19 states and enables the deployment of 5G and other wireless technologies throughout the country.