Crown Castle — Apr 22, 2026 release

     CrownCastle.com News Release continued: Page 16 Components of Capital Expenditures: (a)(b) For the Three Months Ended (in millions) March 31, 2026 March 31, 2025 Discretionary capital expenditures: Tower improvements and other capital projects $ 18  $ 15  Purchases of land interests 32  18  Sustaining capital expenditures 7  7  Total capital expenditures $ 57   $ 40   Outlook for Discretionary Capital Expenditures Less Prepaid Rent Additions: (b)(c) (in millions) Full Year 2026 Outlook (d) Discretionary capital expenditures $150 to $250 Less: Prepaid rent additions (e) (30) to (50) Discretionary capital expenditures less prepaid rent additions $110 to $210 Components of Interest Expense: For the Three Months Ended (in millions) March 31, 2026 March 31, 2025 Interest expense on debt obligations $ 239  $ 233  Amortization of deferred financing costs and adjustments on long-term debt 7  8  Capitalized interest (4) (5) Interest expense and amortization of deferred financing costs, net $ 242   $ 236   Outlook for Components of Interest Expense: (in millions) Full Year 2026 Outlook (d) Interest expense on debt obligations $815 to $855 Amortization of deferred financing costs and adjustments on long-term debt 25 to 35 Capitalized interest (15) to (5) Interest expense and amortization of deferred financing costs, net $832 to $877 (a) See our definitions of discretionary capital expenditures and sustaining capital expenditures in this " Non-GAAP Measures and Other Information. " (b) The financial impact of the Fiber Business is excluded as these amounts are presented within discontinued operations. (c) Excludes sustaining capital expenditures. See " Non-GAAP Measures and Other Information " for our definitions of discretionary capital expenditures and sustaining capital expenditures. (d) As issued on April 22, 2026, and unchanged from previous full year 2026 Outlook issued on February 4, 2026. (e) Reflects up-front consideration from long-term tenant contracts (commonly referred to as prepaid rent) that are amortized and recognized as revenue over the associated estimated lease term in accordance with GAAP.     The pathway to possible.      CrownCastle.com News Release continued: Page 17 Debt Balances and Maturity Dates as of March 31, 2026 : (in millions) Face Value (a) Maturity Cash and cash equivalents and restricted cash and cash equivalents (b) $ 227   Senior Secured Notes, Series 2009-1, Class A-2 (c) 24  Aug. 2029 Senior