Windstream Holdings Investor Presentation — May 2019

Document content

1Q19 Earnings Presentation

May 15, 2019Windstream Holdings, Inc.claims theprotection ofthesafe- harbor forforward -looking statements contained inthePrivate Securities Litigation Reform Actof1995. Forward- looking

statements aretypically identified bywords orphrases such as“will,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “forecast” andother words and

terms ofsimilar meaning. Forward- looking statements aresubject torisks anduncertainties thatcould cause actual future events andresults todiffer materially from those expressed

intheforward- looking statements .

Forward- looking statements include, butarenotlimited to,operational performance pursuant toourrecently disclosed 2019 Financial Plan during thependency ofourChapter 11

Cases, including growth inadjusted OIBDAR ;timing ofresolution oftheChapter 11Cases, growth incertain revenue andcontribution margin trends inourbusiness units ;expected

sales growth instrategic products and services and expansion ofproducts foroursmall and medium sized business customers ;increasing broadband penetration levels and

availability offaster broadband speeds tomore households within ourservice areas, along with broadband subscriber trends ;benefits ofProject Excel andother activities todrive

broadband speeds ;statements concerning future lease payments andoptions under theMaster Lease withUniti Group, Inc.;expectations regarding expense management activities,

including interconnection expense, and thetiming and benefit ofsuch activities ;and anyother statements regarding plans, objectives, expectations and intentions and other

statements thatarenothistorical facts. These statements, along with other forward -looking statements regarding Windstream’s overall business outlook, arebased onestimates,