Boston Omaha Corporation Debt Financing

Boston Omaha Corporation, through its wholly-owned subsidiary FIF Utah, LLC, has secured final funding approval from the USDA for a $11,484,706 loan and a $11,484,706 grant under the Rural Utilities Service ReConnect Program. The loan, which will be disbursed over five years, will fund the deployment of fiber internet to approximately 3,000 locations. This 20-year term loan features deferred interest and principal payments for the first three years from each drawdown, with accrued interest amortized over the remaining loan term. Boston Omaha Corporation has provided an unconditional guarantee for the loan obligations. The company intends to file the full guaranty details in its upcoming Quarterly Report on Form 10-Q for the period ending June 30, 2026.