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Vertical Bridge Names Ronald Bizick as President and COO

BOCA RATON, FL - February 24, 2022

Vertical Bridge REIT, LLC ("Vertical Bridge" or "the Company"), the largest private owner and operator of communications infrastructure in the United States, today announced the appointment of Ronald G. Bizick, II as President and Chief Operating Officer.

Mr. Bizick brings 33 years of telecommunications industry experience to Vertical Bridge. He previously co-founded and served as CEO of Tarpon Towers, LLC ("Tarpon") which develops, acquires, and manages wireless communication sites throughout the United States. Before forming Tarpon, he served as Executive Vice President and Chief Operating Officer of Global Signal, Inc., a former NYSE-listed company. During his tenure at Global Signal, the company completed a successful IPO, acquired nearly $2 billion in tower assets, raised over $2.2 billion in mortgage-backed securitizations, and tripled its portfolio from 3,500 to over 11,000 owned and managed communication sites. Prior to Global Signal, Mr. Bizick was Executive Vice President and Chief Operating Officer of SBA Communications, a NASDAQ company, helping grow it from a start-up to a nationwide public company.

In this new role, Mr. Bizick will work closely with Alex Gellman, Co-founder and Chief Executive Officer, and the other members of the Vertical Bridge senior leadership team, as the company continues to support its customers and their infrastructure buildout of 5G and emerging technologies.

"Ron is a superb addition to our team of industry veterans," said Gellman. "His prior accomplishments in C level positions in our industry – both in entrepreneurial and large public corporations – make him the ideal candidate for filling this newly created role at Vertical Bridge. As important, he fits with our outstanding team of motivated and hardworking professionals. I look forward to working closely with Ron as we continue our aggressive growth in 2022 and beyond."

"The Vertical Bridge team is world class. Joining a company like Vertical Bridge, with its customer-centric and long-term view of the industry, is a perfect fit," said Mr. Bizick. "I look forward to helping Alex and the rest of the team continue to be the industry-leading and largest private wireless infrastructure provider in the U.S."

As President and Chief Operating Officer, Mr. Bizick will serve alongside Gellman and the other co-founders: Marc Ganzi, Co-founder and Executive Chairman; Bernard Borghei, Co-founder and Executive Vice President of Operations; and Michael Belski, Co-founder and Executive Vice President of Leasing and Marketing. Other senior executive team members include Michael Romaniw, Chief Financial Officer; Dale Carey, Executive Vice President of Strategy and Convergence; Johnny Crawford, Executive Vice President of Development; Bob Paige, Executive Vice President of Mergers and Acquisitions and Corporate Development; Bob Glosson, Executive Vice President of Real Estate and Technology; and Daniel Marinberg, Senior Vice President and General Counsel.

About Vertical Bridge

Vertical Bridge REIT, LLC is the largest private owner and operator of communications infrastructure and locations in the United States, with a portfolio of more than 318,000 sites, including over 9,000 owned and master-leased towers and the nation's largest and tallest collection of broadcast tower sites. The Company's portfolio spreads across all 50 states and Puerto Rico and is comprised of towers, rooftops, billboards, utility attachments, convenience stores and other locations in support of wireless network deployments. In addition to colocation, Vertical Bridge offers build-to-suit, edge data centers and in-building wireless network solutions.

Based in Boca Raton, Florida, Vertical Bridge was founded in 2014 and is led by a senior management team with over 300 years of collective experience in tower infrastructure and related sectors. Vertical Bridge became the first tower company in the world to reach net-zero emissions, gaining CarbonNeutral® certification in 2020. The company was recertified in 2021. For more information, please visit https://www.verticalbridge.com/.

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