Lamar Advertising Announces Change of Location of Annual Meeting of Stockholders

BATON ROUGE, La., May 15, 2020 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) (the “Company”) announced today  that due to the public health concerns associated with the ongoing coronavirus (COVID-19) pandemic and to support the health and well-being of our stockholders and employees, the location of the 2020 Annual Meeting of Stockholders (the “Annual Meeting”) of the Company has been changed. The previously announced date and time of the Annual Meeting (May 28, 2020 at 9:00 a.m., Central Time) will not change. The Annual Meeting will be held solely by remote communication, in a virtual-only format. You will not be able to attend the Annual Meeting in person.

Registration and Attendance

As described in the proxy materials previously distributed in connection with the Annual Meeting, stockholders of record at the close of business on March 30, 2020 (the “Record Date”), are entitled to participate in the Annual Meeting.  Stockholders who wish to attend the virtual Annual Meeting must register at http://viewproxy.com/LamarAdvertising/2020 by 11:59 p.m., Eastern Time, on May 25, 2020 (the “Registration Date”). After completing registration, eligible participants will receive further instructions via email, including unique links that will allow such eligible participants to access the meeting.

Voting, Questions and Meeting Materials

If you were a registered stockholder of record as of the Record Date or hold a legal proxy for the Annual Meeting provided by your bank, broker or nominee, you will be able to vote your shares electronically during the Annual Meeting.  However, whether or not you plan to attend the Annual Meeting, we urge you to vote and submit your proxy in advance of the meeting by one of the methods described in the proxy materials for the Annual Meeting. If you have already voted your shares by sending in a proxy, or voted via telephone or internet, you do not need to take any further action to vote your shares. If you vote at the Annual Meeting after having previously cast a vote by proxy, your vote at the Annual Meeting will revoke and supersede your prior proxy.  The proxy card included with the proxy materials previously distributed will not be updated to reflect the change in location and may continue to be used to vote your shares in connection with the Annual Meeting.