Investor Presentaiton

1 Retuning Snapshot • • Large Systems Multi-site ~60 systems of which 6 are complex Lg Med Sm Excludes MTA licensees and railroads and systems with 65+ sites. Footnote for Large System Category only: 20 of the systems are owned by Utilities 11 60 60 → 220 Anterix Medium Systems Typically single site ~120 systems each with +6 channels Small Systems Single site ~220 systems with 5 or less channels

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