X0306 4 2020-05-27 0 0001334978 Clear Channel Outdoor Holdings, Inc. CCO 0001456330 WELLS SCOTT C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC. 4830 NORTH LOOP 1604W, SUITE 111 SAN ANTONIO TX 78249 0 1 0 0 EVP and CEO - Americas Common Stock 2020-05-27 4 P 0 10000 1.079 A 348600 D Common Stock 2020-05-28 4 P 0 20000 1.097 A 368600 D The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.09 to $1.045, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.10 to $1.085, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (2) to this Form 4. /s/ Lynn A. Feldman, as Attorney-in-fact on behalf of Scott Wells 2020-05-29