Frontier Announces Appointment of Woody Young to its Board of Directors - Seite 2

We appreciate the constructive and helpful input from our shareholders and look forward to providing updates on our progress as we execute our plan.”

About Woody Young

Woody Young has had a 30+ year career in investment banking, with extensive experience in telecommunications M&A. He served as the Chairman of Mergers and Acquisitions at Perella Weinberg Partners, in addition to leading the firm’s U.S, telecommunications and media advisory businesses. Previously, he was the Co-Head of Global Telecommunications, Media, and Technology at Lazard. During his career, Mr. Young has advised companies on some of the most notable deals in the telecommunications sector, including AT&T’s acquisition of Time Warner and Sprint’s merger with Nextel Communications. He previously worked at Merrill Lynch, Lehman Brothers, First Boston, and Bain & Company. He also served as a White House Fellow and special assistant to the Deputy Secretary of the U.S. Treasury from 1991-1992. Mr. Young is a member of the Council on Foreign Relations. Most recently, Mr. Young served as President and a board member of Solidigm.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This release contains “forward-looking statements” related to future events. Forward-looking statements address our expectations or beliefs concerning future events. These statements are made on the basis of management’s views and assumptions, as of the time the statements are made, regarding future events and performance and contain words such as “believe” or “look forward.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. A wide range of factors could materially affect future developments and performance, including, but not limited to, uncertainties related to market conditions and other factors set forth in our other filings with the U.S. Securities and Exchange Commission (the “SEC”). This list of factors that may affect future performance and the accuracy of forward-looking statements is illustrative and is not intended to be exhaustive. You should consider these important factors, as well as the risks and other factors contained in our filings with the SEC, including our most recent reports on Form 10-K and Form 10-Q. These risks and uncertainties may cause actual future results to be materially different than those expressed in such forward-looking statements. We do not intend, nor do we undertake any duty, to update any forward-looking statements.