Crown Castle — Oct 16, 2024 release

(in millions, except per share amounts) Full Year 2024 (a) Changes to Midpoint from Previous Outlook (b) Site rental billings (c) $5,740 to $5,780 $0 Amortization of prepaid rent $392 to $417 $0 Straight-lined revenues $162 to $187 $0 Site rental revenues $6,317 to $6,362 $0 Site rental costs of operations (d) $1,686 to $1,731 $0 Services and other gross margin $65 to $95 $0 Net income (loss) $975 to $1,065 ($138) Net income (loss) per share—diluted $2.24 to $2.45 ($0.32) Adjusted EBITDA (e) $4,143 to $4,193 $0 Depreciation, amortization and accretion $1,680 to $1,775 $0 Interest expense and amortization of deferred financing costs, net (f) $926 to $971 $0 FFO (e) $2,863 to $2,893 $0 AFFO (e) $3,005 to $3,055 $0 AFFO per share (e) $6.91 to $7.02 $0.00 Towers Segment discretionary capital expenditures (e) $180 to $180 $0 Fiber Segment discretionary capital expenditures (e) $1,050 to $1,150 $0 (a) As issued on October 16, 2024. (b) As issued on July 17, 2024. (c) See " Non-GAAP Measures and Other Information " for our definition of site rental billings. (d) Exclusive of depreciation, amortization and accretion. (e) See " Non-GAAP Measures and Other Information " for further information and reconciliation of non-GAAP financial measures to net income (loss), including on a per share basis, and for definition of discretionary capital expenditures. (f) See " Non-GAAP Measures and Other Information " for the reconciliation of " Outlook for Components of Interest Expense."     The pathway to possible.      CrownCastle.com News Release continued: Page 4 • T