SBA COMMUNICATIONS CORP

Real Estate Investment Trusts·BOCA RATON, FL·FY end 12/31·CIK 1034054

Named Executive Officers

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Brendan T. CavanaghPresident and Chief Executive Officer	$955.0K	$8.6M	—	$1.7M	$30.3K	$11.4M
Marc MontagnerExecutive Vice President and Chief Financial Officer	$665.0K	$3.4M	—	$679.3K	$23.8K	$4.7M
Joshua M. KoenigExecutive Vice President, Chief Administrative Officer & General Counsel	$560.0K	$2.6M	—	$593.0K	$29.7K	$3.8M
Richard M. CaneExecutive Vice President and President - International	$560.0K	$2.6M	—	$579.0K	$21.3K	$3.8M
Mark R. CiarfellaExecutive Vice President - U.S. Operations	$560.0K	$2.6M	—	$565.0K	$29.4K	$3.8M

Brendan T. Cavanagh · FY 2025

Stock awards$8.6M76%

Performance bonus$1.7M15%

Salary$955.0K8%

Other$30.3K0%

TSR % vs. CEO comp actually paid · 6 fiscal years · Item 402(v) disclosure

TSR

CEO comp

FY20

+18%

$26M

FY21

+64%

$32M

FY22

+19%

$-5M

FY23

+9%

$8M

FY24

-11%

$5M

FY25

-26%

$11M

CEO total compMedian employeePay ratio (right axis)