American Tower — Feb 25, 2025 release

Prior Year, As Adjusted Total property revenue (1)(2) $ 9,920  to $ 10,070  0.6% N/A Net income 2,930  to 3,020  30.5% N/A Net income attributable to AMT common stockholders 2,960  to 3,050  33.3% N/A Adjusted EBITDA (3) 6,855  to 6,925  1.1% N/A AFFO attributable to AMT common stockholders 4,830  to 4,920  (1.2)% 4.6% AFFO attributable to AMT common stockholders per Share $ 10.31  to $ 10.50  (1.3)% 4.4% _______________ 3 (1) Includes U.S. & Canada segment property revenue of $5,190 million to $5,250 million, international property revenue of $3,705 million to $3,775 million and Data Centers segment property revenue of $1,025 million to $1,045 million, reflecting midpoint growth rates of (0.5)%, (0.6)% and 11.9%, respective ly. The U.S. & Canada growth rate includes an estimated negative impact of approximately 4% associated with a decrease in non-cash straight-line revenue recognition. The international growth rate includes an estimated negative impact of over 6% from the translational effects of foreign currency exchange rate fluctuations. International property revenue reflects the Company’s Africa & APAC, Europe and Latin America segments. Data Centers segment property revenue reflects revenue from the Company’s data center facilities and related assets. (2) Property revenue growth rate includes an estimated negative impact of approximately 2% associated with straight-line revenue recognition. (3) Adjusted EBITDA growth rate includes an estimated negative impact of approximately 3% associated with straight-line revenue recognition. 2025 Outlook for Total Property revenue, at the midpoint, includes the following components (1) : ($ in millions, totals may not add due to rounding.) U.S. & Canada Property (2) International Property (3) Data Centers Property (4) Total Property International pass-through revenue  N/A $ 1,020   N