American Tower — Jul 28, 2026 release

Reconciliation of Outlook for Adjusted EBITDA to Net income: ($ in millions, totals may not add due to rounding.) Full Year 2026 Net income $ 3,270  to $ 3,350  Interest expense 1,450  to 1,430  Depreciation, amortization and accretion 2,055  to 2,065  Income tax provision 490  – 490  Stock-based compensation expense 145  – 145  Other, including other operating expenses, interest income, (gain) loss on retirement of long-term obligations and other (income) expense (170) – (170) Adjusted EBITDA $ 7,240  to $ 7,310  Reconciliation of Outlook for AFFO attributable to AMT common stockholders to Net income: ($ in millions, except share and per share data, totals may not add due to rounding.) Full Year 2026 Net income $ 3,270  to $ 3,350  Straight-line revenue 66  – 66  Straight-line expense 34  – 34  Depreciation, amortization and accretion 2,055  to 2,065  Stock-based compensation expense 145  – 145  Deferred portion of income tax and other income tax adjustments 151  – 151  Other, including other operating expense, amortization of deferred financing costs, debt discounts and premiums, (gain) loss on retirement of long-term obligations, other (income) expense and long-term deferred interest charges 34  – 34  Capital improvement capital expenditures (170) to (180) Corporate capital expenditures (15) – (15) Adjustments and distributions for unconsolidated affiliates and noncontrolling interests (435) – (435) AFFO attributable to AMT common stockholders $ 5,135  to $ 5,215  Divided by weighted average diluted shares outstanding (in thousands) 467,000  – 467,000  AFFO attributable to AMT common stockholders per Share $ 11.00  to $ 11.17  4 Reconciliation of Outlook for EBITDA to AFFO attributable to AMT common stockholders and AFFO attributable to American Tower Corporation common stockholders per Share: ($ in millions, except share and per share data, totals may not add due to rounding.) Full Year 2026 Adjusted E