X0508 4 2024-05-09 1 0001494582 BOSTON OMAHA Corp BOC 0001689425 Rozek Alexander Buffett 3 SNOW ROAD #432 MARSHFIELD MA 02050 1 1 1 Co-CEO, Co-President 0001527265 Boulderado Group, LLC 292 NEWBURY ST., SUITE 333 BOSTON MA 02115 1 0001475272 Boulderado Partners, LLC 292 NEWBURY ST., SUITE 333 BOSTON MA 02115 1 0001689124 Boulderado Capital, LLC 292 NEWBURY ST., SUITE 333 BOSTON MA 02115 1 0 Class B common stock, par value $0.001 per share 2024-05-09 4 J 0 120000 0 D 789774 D Class A common stock, par value $0.001 per share 2024-05-09 4 J 0 210000 15.63 D 579774 D Class B common stock, par value $0.001 per share 2024-05-09 4 J 0 527780 15.63 D 51994 D Warrants to Purchase Class B common stock, par value $0.001 2024-05-09 4 J 0 51994 15.63 D 0 D On May 9, 2024, Boulderado Partners, LLC ("BP") redeemed interests of BP held by Alexander B. Rozek, in consideration of the distribution to Mr. Rozek of the shares of Class B common stock of the Issuer. BP, BC and BG disclaim beneficial ownership over such shares held by Mr. Rozek. This is comprised of the 120,000 shares of Class B Common stock of the Issuer held by Mr. Rozek after the reported transaction and the fact that BP may be the beneficial owner of 669,774 shares of Common Stock that it holds (comprised of 407,780 shares of Class B Common Stock, 210,000 shares of Class A Common Stock and 51,994 Warrants to purchase Class B Common stock of the Issuer). Boulderado Capital, LLC ("BC"), Boulderado Group, LLC ("BG") and Mr. Rozek disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Mr. Rozek previously served as a director of the Issuer and was the Co-Chief Executive Officer and Co-President of the Issuer. The reported shares are directly owned by BP, other than the shares distributed to Mr. Rozek as described in footnote (1). BC is the managing member of BP. BG is the investment manager of BP. Mr. Rozek is the managing member of BP, BC and BG. BP, BC, BG and Mr. Rozek disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. On May 9, 2024, BP sold all owned shares of Class A Common stock of the Issuer to the Issuer. On May 9, 2024 BP and Mr. Rozek sold all owned shares of Class B Common stock of the Issuer to the Issuer. On May 9, 2024 BP sold all owned Warrants to purchase Class B Common Stock of the Issuer to the Issuer. As a result, of this transaction and the transactions referenced above, none of Mr. Rozek, BP, BC or BG has any beneficial ownership of any securities of the Issuer. The aggregate purchase price payable to Mr. Rozek is $9,175,600 and the aggregate purchase price payable to BP is $9,951,113.62. This was based on the 30-day Volume Weighted Average Price of the shares of Class A Common stock of the Issuer measured two trading days before the sale. Part of the consideration payable to Mr. Rozek for his shares of Class B Common Stock includes a blocking/control premium of $7,300,000 which was determined using a valuation provided by The Brattle Group, a firm specializing in valuations of equity instruments. /s/ Alexander B. Rozek 2024-05-13 /s/ Alexander B. Rozek on behalf of Boulderado Group, LLC, as its managing member 2024-05-13 /s/ Alexander B. Rozek on behalf of Boulderado Partners, LLC, as Managing Member of Boulderado Capital, LLC, its managing member 2024-05-13 /s/ Alexander B. Rozek on behalf of Boulderado Capital, LLC, as its managing member 2024-05-13