Liberty Capital Corp/NV

Description of Business GCI Liberty, Inc. ( GCI Liberty, the Company, we, us or our ) consists of 100% of the outstanding equity interests in GCI, LLC, GCI Holdings, LLC ( GCI Holdings or GCI ) and their subsidiaries (collectively, the GCI Business ), and was formerly owned by Liberty Broadband, prior to the Separation (defined below). GCI Liberty was formed in Nevada in December 2024 for the purpose of ultimately holding the GCI Business. On July 14, 2025, Liberty Broadband and its subsidiaries completed an internal reorganization in order for Liberty Broadband to transfer the GCI Business to GCI Liberty in exchange for GCI Liberty stock, including 10,000 shares of GCI Liberty non-voting preferred stock, and the assumption of liabilities related to the GCI Business by GCI Liberty. The internal reorganization resulted in GCI Liberty owning, directly or indirectly, GCI, LLC and the operations comprising, and the entities that conduct, the GCI Business. Following the internal reorganization, Liberty Broadband sold all of the non-voting preferred stock (the Preferred Stock Sale ) to third parties. The non-voting preferred stock is issued by GCI Liberty and has a 12% dividend rate and a $1,000 per share liquidation price plus accrued and unpaid dividends. The mandatory redemption date is July 14, 2032.