Cincinnati Bell 2015 Annual Report Download - page 82

Q: Who will bear the cost of soliciting votes for the meeting?
A: The Company is making this solicitation and will pay the entire cost of preparing, assembling,
printing, mailing and distributing the proxy materials. If you choose to access the proxy materials and/
or vote via the internet, you are responsible for any internet access charges you may incur. In addition
to the costs of mailing the proxy materials, the Company may also incur costs to provide additional
copies of these proxy materials (if requested) and for its directors, officers and employees to solicit
proxies or votes in person, by telephone or by electronic communication. Our directors, officers and
employees will not receive any additional compensation for such activities. We have hired Georgeson
Inc. to solicit proxies for approximately $11,000 plus expenses. We have also hired Broadridge for a
fee of approximately $10,000 plus expenses to assist us in facilitating the voting of proxies over the
internet and serving as the Inspector of Elections. We will also reimburse brokerage houses and other
nominees for their reasonable out-of-pocket expenses for forwarding proxy and solicitation materials to
shareholders.
Q: What percentage of the Company’s issued and outstanding voting shares do our directors
and executive officers beneficially own?
A: Our directors and executive officers owned 1.1% of our voting shares as of the Record Date.
Q: Do any of our shareholders hold more than 5% of the issued and outstanding shares of any
class of the Company’s voting stock?
A: As of the Record Date or an earlier date, if indicated, each of the following entities (together
with their affiliates) indicated that it held more than 5% of the issued and outstanding common shares
of the Company: GAMCO Investors, Inc. and affiliates, Blackrock, Inc., The Vanguard Group, and
Pinnacle Associates, Ltd. GAMCO Investors, Inc. and affiliates also indicated it holds more than 5% of
the 6
3
⁄ 4 % Cumulative Convertible Preferred shares of the Company. See page 19 for more details on
the number of shares owned and percentage ownership as of the Record Date or an earlier date, if
indicated.
Q: What is householding?
A: Householding is a process that allows the Company to reduce costs and increase efficiencies
by mailing only one copy of Company communications to multiple shareholders who reside at the
same household mailing address. If you and other shareholders at the same household mailing
address are currently receiving only one copy of Company communications but would like to receive
separate copies or are currently receiving multiple copies of Company communications but would like
to participate in our householding program, please see the instructions on page 70.
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