Optimum Communications, Inc. — fact timeline

Optimum Communications, Inc. shareholders approved Election of nine directors at the 2026-06-10 meeting.

“On June 10, 2026, Optimum Communications, Inc. (the “Company”) held its 2026 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, the Company’s Class A and Class B stockholders voted together as a single class on the following proposals, each of which is described in more detail in the Company’s definitive proxy statement filed with the SEC on April 30, 2026: (i) the election of Patrick Drahi, David Drahi, Dexter Goei, Dennis Mathew, Mark Mullen, Dennis Okhuijsen, Susan Schnabel, Charles Stewart and Raymond Svider to the Company’s Board of Directors for one-year terms; and (ii) the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the 2026 fiscal year.”

Optimum Communications, Inc. issued Preferred Units having an initial stated value of $300 million of preferred stock to certain institutional accredited investors for aggregate purchase price of $300 million.

“On May 29, 2026, Unsub Topco, an indirect wholly owned subsidiary of Optimum, sold to certain institutional accredited investors newly issued Series A Preferred Units of Unsub Topco (the “Preferred Units”) having an initial stated value of $300 million for an aggregate purchase price of $300 million”

Optimum Communications, Inc. entered into a equity purchase with certain institutional accredited investors valued at $300 million (effective 2026-05-29).

“On May 29, 2026, Unsub Topco, an indirect wholly owned subsidiary of Optimum, sold to certain institutional accredited investors newly issued Series A Preferred Units of Unsub Topco (the “Preferred Units”) having an initial stated value of $300 million for an aggregate purchase price of $300 million (the “Private Placement Transaction”).”

Optimum Communications, Inc. reported the quarter ended March 31, 2026 results: revenue $2.07 billion, net income ($2,884.1) million, EPS ($6.10)/share on a diluted basis.

“structure, are the right foundation for creating durable long-term value for our customers, our employees, and our shareholders." First Quarter 2026 Overview • Total revenue of $2.07 billion in Q1 2026 (-4.0% year over year) • Residential revenue of $1.56 billion in Q1 2026 (-6.5% year over year) ◦ Residential average revenue per user (ARPU) (1) $132.32 (-1.2% year”

Optimum Communications, Inc. entered into Base Indenture with Wilmington Trust, National Association valued at $1,657.0 million (effective 2026-03-03).

“On March 3, 2026, Lightpath Fiber Issuer LLC (the “Issuer”) completed the previously announced securitization financing transaction and issued $1,657.0 million in aggregate principal amount of Secured Fiber Network Revenue Notes, Series 2026-1 (the “Notes”)”

Optimum Communications, Inc. incurred senior notes of $1,657.0 million in aggregate principal amount with Wilmington Trust, National Association at Class A-2 Notes will bear interest at a rate of 5.597%, and the Class B Notes wi maturing March 2056.

“On March 3, 2026, Lightpath Fiber Issuer LLC (the “Issuer”) completed the previously announced securitization financing transaction and issued $1,657.0 million in aggregate principal amount of Secured Fiber Network Revenue Notes, Series 2026-1 (the “Notes”), consisting of $1,527.0 million in aggregate principal amount of Series 2026-1, Class A-2 Notes (the “Class A-2 Notes”), and $130.0 million in aggregate principal amount of Series 2026-1, Class B Notes (the “Class B Notes”). The Class A-2 Notes will bear interest at a rate of 5.597%, and the Class B Notes will bear interest at a rate of 5.890%.”

Optimum Communications, Inc. entered into Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. valued at $1,100 million (effective 2026-01-12).

“On January 12, 2026, Cablevision Litchfield, LLC (“Cablevision Litchfield”) and CSC Optimum Holdings, LLC (“CSC Optimum”), each an indirect wholly-owned subsidiary of Optimum Communications, Inc., entered into an Amended and Restated Credit Agreement (the “A&R UnSub Credit Agreement”), by and among Cablevision Litchfield and CSC Optimum, each as a borrower, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.”

Optimum Communications, Inc. incurred term loan of $1,100 million with JPMorgan Chase Bank, N.A. at a fixed rate per annum equal to 9.000% maturing November 25, 2028.

“The A&R UnSub Credit Agreement provides for, among other things, an incremental term loan commitment in an aggregate principal amount of $1,100 million. The loans made pursuant to the incremental term loan commitment (the “UnSub Incremental Term Loan”) have the same terms as the initial term loans extended pursuant to the Credit Agreement, dated as of November 25, 2025, among, inter alios, CSC Optimum, Cablevision Litchfield, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative and collateral agent and will (i) mature on November 25, 2028, (ii) accrue interest at a fixed rate per annum equal to 9.000% and (iii) not amortize.”

Optimum Communications, Inc. entered into UnSub Credit Agreement with Cablevision Litchfield, LLC and CSC Optimum Holdings, LLC valued at $2,000,000,000 initial term loan commitments, interest rate 9.000% per annum fixed, maturity Novembe (effective 2025-11-25).

“On November 25, 2025, following the consummation of the Refinancing, Cablevision Litchfield, LLC (“Cablevision Litchfield”) and CSC Optimum Holdings, LLC (“CSC Optimum”), each an indirect wholly-owned subsidiary of Optimum Communications, Inc., entered into a Credit Agreement (the “UnSub Credit Agreement”), by and among Cablevision Litchfield and CSC Optimum, each as a borrower, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.”

Optimum Communications, Inc. amended Fourteenth Amendment to Credit Agreement (Incremental Loan Assumption Agreement) with CSC Holdings, LLC valued at $2,000,000,000 incremental term loan commitments, interest rate at Term SOFR plus 4.500% per annum o (effective 2025-11-25).

“On November 25, 2025, CSC Holdings, LLC (the “CSC Holdings”), an indirect wholly-owned subsidiary of Optimum Communications, Inc., entered into a Fourteenth Amendment to Credit Agreement (Incremental Loan Assumption Agreement) (the “Fourteenth Amendment”), by and among CSC Holdings, as borrower, the incremental lender party thereto and each of the other loan parties signatory thereto.”

Optimum Communications, Inc. incurred term loan of $2,000,000,000 with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent at 9.000% maturing November 25, 2028.

“The UnSub Credit Agreement provides for, among other things, initial term loan commitments in an aggregate principal amount of $2,000,000,000. The loans made pursuant to the initial term loan commitments (the “UnSub Term Loans”) will (i) mature on November 25, 2028, (ii) accrue interest at a fixed rate per annum equal to 9.000% and (iii) not amortize.”

Optimum Communications, Inc. incurred term loan of $2,000,000,000 with the incremental lender party thereto at Term SOFR rate or the alternate base rate, as applicable, plus the applicable ma maturing the earlier of (i) January 15, 2028 and (ii) April 15, 2027.

“The Fourteenth Amendment provides for, among other things, new incremental term loan commitments (the “Incremental Term Loan B-7 Commitments”) in an aggregate principal amount of $2,000,000,000, with an extended maturity until the date that is the earlier of (i) January 15, 2028 and (ii) April 15, 2027”

Optimum Communications, Inc. incurred term loan of initial term loan commitments in an aggregate principal amount of $1,000 million with Goldman Sachs Bank USA and certain funds managed by TPG Angelo Gordon, as initial lenders at fixed rate per annum equal to 8.875% maturing mature on January 16, 2031.

“The Loan and Security Agreement provides for, among other things, initial term loan commitments in an aggregate principal amount of $1,000 million, issued with an original issue discount of 400 basis points. The loans made pursuant to the initial term loan commitments (the “Initial Term Loans”) will (i) mature on January 16, 2031; (ii) accrue interest at a fixed rate per annum equal to 8.875%”

Optimum Communications, Inc. reported the quarter ended March 31, 2024 results: revenue $2.3 billion, net income ($21.2) million, EPS ($0.05) per diluted share.

“customer relationships and elevating network and service quality, all while maintaining financial discipline." First Quarter 2024 Financial Overview • Total Revenue of $2.3 billion (-1.9% year over year). • Residential Revenue (1) of $1.8 billion (-2.9% year over year). • Residential Revenue per user (ARPU) (2) of $135.67 (+0.3% or +$0.35 year over year). •”

Optimum Communications, Inc. reported financial results for the fourth quarter and full year ended December 31, 2023.

“On February 14, 2024, Altice USA, Inc. announced its financial results for the quarter and year ended December 31, 2023.”

Optimum Communications, Inc. incurred senior notes of $2,050.0 million with Deutsche Bank Trust Company Americas at 11.750% maturing January 31, 2029.

“On January 25, 2024 (the “Issue Date”), CSC Holdings, LLC (the “Issuer”), an indirect, wholly-owned subsidiary of Altice USA, Inc., issued $2,050.0 million aggregate principal amount of its 11.750% senior guaranteed notes due 2029”

Optimum Communications, Inc. entered into Indenture with Deutsche Bank Trust Company Americas, as Trustee valued at $2,050.0 million aggregate principal amount of its 11.750% senior guaranteed notes due 2029 (effective 2024-01-25).

“On January 25, 2024 (the “Issue Date”), CSC Holdings, LLC (the “Issuer”), an indirect, wholly-owned subsidiary of Altice USA, Inc., issued $2,050.0 million aggregate principal amount of its 11.750% senior guaranteed notes due 2029 (the “ Notes ”) in a private placement conducted pursuant to Rule 144A and Regulations S under the Securities Act of 1933, as amended (the “ Offering ”).”

Optimum Communications, Inc. reported quarter ended September 30, 2023 results: revenue $2.32 billion, net income $66.8 million, EPS $0.15.

“Total Revenue was $2.32 billion, down -3.2% YoY This included Residential revenue decline of -3.4% YoY, Business Services revenue growth of +0.1% YoY and News & Advertising revenue decline of -10.8% YoY (or News & Advertising revenue growth of +4.9% YoY excluding political revenue). ◦ Residential Revenue (6) was $1.83 billion, down -3.4% YoY Driven mostly due to the loss of higher ARPU video customers over the last year. ◦ Residential revenue per customer (7) was $138.42 Grew sequentially +$0.98 in Q3-23 vs Q2-23, and was down -0.6% YoY. ◦ Business Services Revenue was $366.9 million, grew +0.1% YoY This included Lightpath revenue growth of +2.3% YoY, and SMB / Other decline of -0.7% YoY. ◦ News and Advertising Revenue was $107.5 million, down -10.8% YoY Excluding political revenue, News & Advertising grew +4.9% YoY. • Net income attributable to stockholders was $66.8 million ($0.15/share on a diluted basis)”

Optimum Communications, Inc. reported the quarter ended June 30, 2023 results: revenue $2.32 billion, net income $78.3 million, EPS $0.17/share on a diluted basis.

“in the quarter are leading indicators of a return to sustainable broadband and cash flow growth." Key Financial Highlights • Total Revenue declined -5.6% YoY in Q2 2023 to $2.32 billion, including Residential revenue decline of -5.7% YoY, Business Services revenue decline of -1.9% YoY and News & Advertising revenue decline of -14.8% YoY. • Net income”

Dennis Mathew was appointed as Chairman of the Board at Optimum Communications, Inc..

“The Board elected Mr. Mathew as Chairman of the Board.”

Alexandre Fonseca resigned as Chairman of the Board at Optimum Communications, Inc..

“On July 15, 2023, Mr. Alexandre Fonseca resigned from the Board of Directors (the “Board”) of the Altice USA, Inc. (the “Company”).”

Optimum Communications, Inc. shareholders approved Ratification of Appointment of KPMG LLP as Independent Registered Public Accounting Firm at the 2023-06-14 meeting.

“Proposal 2: Ratification of Appointment of KPMG LLP as Independent Registered Public Accounting Firm For Against Abstain Broker Non-Votes 4,784,317,717 6,617,982 225,663 —”

Optimum Communications, Inc. shareholders approved Election of Directors at the 2023-06-14 meeting.

“Proposal 1: Election of Directors For Against Abstain Broker Non-Votes Alexandre Fonseca 4,699,618,934 71,041,620 216,432 20,284,376 Patrick Drahi 4,683,157,030 87,505,556 214,400 20,284,376 David Drahi 4,681,911,219 88,748,571 217,196 20,284,376 Dexter Goei 4,682,049,965 88,412,085 414,936 20,284,376 Mark Mullen 4,667,882,647 102,781,364 212,975 20,284,376 Dennis Okhuijsen 4,680,426,782 90,231,491 218,713 20,284,376 Susan Schnabel 4,690,462,467 80,196,282 218,237 20,284,376 Charles Stewart 4,656,854,313 113,688,559 334,114 20,284,376 Raymond Svider 4,659,578,268 111,069,619 229,099 20,284,376”

Michael E. Olsen changed role as General Counsel & Chief Corporate Responsibility Officer at Optimum Communications, Inc..

“On May 4, 2023, Michael E. Olsen, Executive Vice President, General Counsel of Altice USA, Inc. (the “Company”), was promoted to become the Company’s General Counsel & Chief Corporate Responsibility Officer.”

Optimum Communications, Inc. reported the quarter ended March 31, 2023 results: revenue $2.29 billion, net income $25.9 million, EPS $0.06/share on a diluted basis.

“grow our business and become the connectivity provider of choice across all the communities we serve." Key Financial Highlights • Total Revenue declined -5.3% YoY in Q1 2023 to $2.29 billion, including Residential revenue decline of -5.6% YoY, Business Services revenue decline of -1.1% YoY and News & Advertising revenue decline of -13.9% YoY. • Net income”

Optimum Communications, Inc. incurred senior notes of $1,000.0 million aggregate principal amount with Deutsche Bank Trust Company Americas, as Trustee at 11.250% senior guaranteed notes due 2028 maturing May 15, 2028.

“On April 25, 2023, CSC Holdings, LLC (the “Issuer”), an indirect, wholly-owned subsidiary of Altice USA, Inc., issued $1,000.0 million aggregate principal amount of 11.250% senior guaranteed notes due 2028 (the “ Notes ”) in a private placement conducted pursuant to Rule 144A and Regulations S under the Securities Act of 1933, as amended (the “ Offering ”).”

Optimum Communications, Inc. entered into Indenture with Deutsche Bank Trust Company Americas valued at $1,000.0 million aggregate principal amount of 11.250% senior guaranteed notes due 2028 (effective 2023-04-25).

“On April 25, 2023, CSC Holdings, LLC (the “Issuer”), an indirect, wholly-owned subsidiary of Altice USA, Inc., issued $1,000.0 million aggregate principal amount of 11.250% senior guaranteed notes due 2028 (the “ Notes ”) in a private placement conducted pursuant to Rule 144A and Regulations S under the Securities Act of 1933, as amended (the “ Offering ”).”

Gerrit Jan Bakker resigned as Director at Optimum Communications, Inc..

“The Board also accepted the resignation of Mr. Gerrit Jan Bakker from the Board, effective March 22, 2023.”

Alexandre Fonseca was appointed as Chairman of the Board at Optimum Communications, Inc..

“Mr. Alexandre Fonseca was appointed as a director on March 22, 2023.”

Dexter Goei changed role as Chairman of the Board at Optimum Communications, Inc..

“Altice USA, Inc. (the “Company”) has determined to transition the role of Chairman of the Board of Directors of the Company (the “Board”) from Mr. Dexter Goei to Mr. Alexandre Fonseca, effective March 22, 2023.”

Optimum Communications, Inc. reported the year ended December 31, 2022 results: net income $194.6 million, EPS $0.43/share on a diluted basis.

“Net income attributable to stockholders was $194.6 million ($0.43/share on a diluted basis) in FY 2022 compared to net income of $990.3 million in FY 2021 ($2.14/share on a diluted basis).”

Optimum Communications, Inc. reported the quarter ended December 31, 2022 results: revenue $2.37 billion, net income ($193.1) million, EPS ($0.43)/share on a diluted basis.

“Total Revenue declined -6.0% YoY in Q4 2022 to $2.37 billion (-4.7% excluding air strand revenue (1) ), including Residential revenue decline of -5.0% YoY, Business Services revenue decline of -9.3% YoY (-0.4% excluding air strand revenue (1) ) and News & Advertising revenue decline of -10.8% YoY. Total revenue declined -4.4% YoY in FY 2022 (-3.2% excluding air strand revenue (1) ). • Net income (loss) attributable to stockholders was ($193.1) million in Q4 2022 (($0.43)/share on a diluted basis) compared to $251.7 million in Q4 2021 ($0.56/share on a diluted basis). Net income attributable to stockholders was $194.6 million ($0.43/share on a diluted basis) in FY 2022 compared to net income of $990.3 million in FY 2021 ($2.14/share on a diluted basis).”

Marc Sirota was appointed as Chief Financial Officer at Optimum Communications, Inc..

“Marc Sirota will be appointed as the Company’s new CFO.”

Michael Grau resigned as Chief Financial Officer at Optimum Communications, Inc..

“Effective March, 1, 2023, Michael Grau, the Chief Financial Officer (“CFO”) of Altice USA, Inc. (the “Company”) will cease his service as CFO”

Optimum Communications, Inc. incurred term loan of $2,001,942,177.56 with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR rate plus 4.500% per annum maturing January 15, 2028.

“The Thirteenth Amendment provides for, among other things, new refinancing term loan commitments (the “2022 Refinancing Term Loan Commitments”) in an aggregate principal amount of $2,001,942,177.56, issued with an original issue discount of 200 basis points, with an extended maturity until the date that is the earlier of (i) January 15, 2028 and (ii) April 15, 2027 if, as of such date, any September 2019 Term Loans (as defined in the Eleventh Amendment) are still outstanding, unless the September 2019 Term Loan Maturity Date (as defined in the Eleventh Amendment) has been extended to a date falling after January 15, 2028.”

Optimum Communications, Inc. amended Thirteenth Amendment to Credit Agreement with the 2022 Refinancing Term Loan Lenders and JPMorgan Chase Bank, N.A., as administrative agent valued at $2,001,942,177.56 (effective 2022-12-19).

“On December 19, 2022, CSC Holdings, LLC (the “Borrower”), an indirect wholly-owned subsidiary of Altice USA, Inc., entered into a Thirteenth Amendment to Credit Agreement (Refinancing Amendment), by and among the Borrower, the 2022 Refinancing Term Loan Lenders (as defined therein) and JPMorgan Chase Bank, N.A., as administrative agent (the “Thirteenth Amendment”).”

Optimum Communications, Inc. reported the third quarter ended September 30, 2022 results: revenue $2.39 billion, net income $85.0 million, EPS $0.19/share.

“• Total Revenue declined -7.0% YoY in Q3 2022 to $2.39 billion (-4.3% excluding air strand revenue (1) ), including Residential revenue decline of -4.4% YoY, Business Services revenue decline of -16.8% YoY (+0.1% excluding air strand revenue (1) ) and News & Advertising revenue decline of -16.1% YoY. • Net income attributable to stockholders was $85.0 million in Q3 2022 ($0.19/share on a diluted basis) compared to net income of $266.9 million in Q3 2021 ($0.58/share on a diluted basis).”

Maria Bruzzese was appointed as Chief Accounting Officer at Optimum Communications, Inc..

“On September 30, 2022, Maria Bruzzese assumed the role of Chief Accounting Officer of Altice USA, Inc.”

Dexter Goei was appointed as Executive Chairman at Optimum Communications, Inc..

“The Board also approved the appointment of Mr. Goei to the role of Executive Chairman of the Board”

Dennis Mathew was appointed as Chief Executive Officer at Optimum Communications, Inc..

“the appointment of Dennis Mathew as the Company’s new CEO, effective on October 3, 2022”

Dexter Goei resigned as Chief Executive Officer at Optimum Communications, Inc..

“mutually agreed to Mr. Goei’s resignation from his role as CEO”

Layth Taki resigned as Senior Vice President and Chief Accounting Officer at Optimum Communications, Inc..

“On August 18, 2022, Layth Taki notified Altice USA, Inc. (the “Company”) of his intention to resign as the Company’s Senior Vice President and Chief Accounting Officer to pursue another career opportunity.”

Abdelhakim Boubazine resigned as Senior Advisor at Optimum Communications, Inc..

“On September 9, 2021, Altice USA, Inc. (the “Company”) and Abdelhakim Boubazine mutually agreed to Mr. Boubazine’s resignation as President, Telecom and Chief Operating Officer of the Company effective September 9, 2021 and entered into a Transition Agreement (the “Transition Agreement”) pursuant to which Mr. Boubazine will serve as a Senior Advisor to the Company’s Chief Executive Officer through December 31, 2021”