Lamar Promoting : Declares Correction to Press Launch Regarding Tax Reporting Data For 2021 Distributions on Widespread Inventory

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Baton Rouge, LA – February 15, 2022 – Lamar Promoting Firm (“Lamar”) (Nasdaq: LAMR) at present introduced a correction to its press launch dated January 20, 2022, associated to sure year-end federal earnings tax reporting info for its 2021 distributions on its Class A and Class B widespread inventory (“Widespread Inventory”).

The desk included within the January 20, 2022 launch incorrectly characterised the parts of the common distribution and particular dividend paid on December 30, 2021 that might be thought of certified taxable dividends and Sec. 199A dividends.

The corrected info is beneath.

The next tables summarize, for federal earnings tax functions, the character of distributions paid to holders of Lamar Widespread Inventory, offered on a per share foundation, through the calendar 12 months ended December 31, 2021. Stockholders are inspired to seek the advice of with their tax advisors as to the precise tax therapy of Lamar’s 2021 distributions.

About Lamar Promoting Firm
Based in 1902, Lamar Promoting Firm is likely one of the largest outside promoting firms in North America, with greater than 352,000 shows throughout the USA and Canada. Lamar gives advertisers a wide range of billboard, interstate brand, transit and airport promoting codecs, serving to each native companies and nationwide manufacturers attain broad audiences every single day. Along with its extra conventional out of house stock, Lamar is proud to supply its clients the most important community of digital billboards in the USA with over 3,800 shows.

Firm Contact:

Buster Kantrow
Lamar Promoting Firm
(225) 926-1000
bkantrow@lamar.com

Disclaimer

Lamar Promoting Firm printed this content material on 15 February 2022 and is solely answerable for the knowledge contained therein. Distributed by Public, unedited and unaltered, on 15 February 2022 21:17:32 UTC.



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