This press release is for informational purposes only and shall not constitute an offer to sell nor the
solicitation of an offer to buy the Notes or any other securities. The offering is not being made to any person in any jurisdiction in which the offer, solicitation or sale is unlawful.
While the Company plans to present at J.P. Morgans 2024 Global High Yield & Leveraged Finance Conference on February 27, 2024, in light of
the offering of the Notes, the Company no longer plans to make available on its investor website a live audio webcast or a replay of its presentation.
About Clear Channel Outdoor Holdings
The Company is at
the forefront of driving innovation in the out-of-home advertising industry. The Companys dynamic advertising platform is broadening the pool of
advertisers using its medium through the expansion of digital billboards and displays and the integration of data analytics and programmatic capabilities that deliver measurable campaigns that are simpler to buy. By leveraging the scale, reach and
flexibility of its diverse portfolio of assets, the Company connects advertisers with millions of consumers every month across more than 330,000 print and digital displays in 19 countries, excluding countries held for sale.
For further information, please contact:
Eileen McLaughlin
Vice President - Investor Relations
(646) 355-2399
InvestorRelations@clearchannel.com
Cautionary Statement Concerning Forward-Looking Statements
Certain statements in this release constitute forward-looking statements, including within the meaning of the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements include, but are not limited to, all statements other than those made solely with respect to historical facts and include, but are not limited to,
statements regarding the offering and the anticipated terms and use of proceeds of the Notes. The words will, believe, expect, anticipate, continue, look forward to,
well-positioned to, remains, further, estimate, forecast, goals, targets and similar words and expressions are intended to identify such forward-looking statements.
In addition, numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, whether
or not the offering will be consummated and the terms, size, timing and use of proceeds of the offering of the Notes as well as any amendment to the Companys existing senior secured credit facilities. Many of the factors that will determine
the outcome of the subject matter of this press release are beyond the Companys ability to control or predict. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking
statements, whether as a result of new information, future events or otherwise.
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