Management Change/Compensation - Form 8-K

Item 5.02 - DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

Effective February 29, 2024, Scott Graves resigned as a director of Cincinnati Bell Inc. (the "Company").

By written action executed on February 29, 2024, the sole shareholder of the Company elected Steven Kutos as a director of the Company, effective February 29, 2024, to fill the vacancy created by the resignation of Mr. Graves. Mr. Kutos was elected in accordance with the terms of the limited liability agreement of Red Fiber Holdings LLC ("Red Fiber Holdings"), of which the Company is an indirect wholly-owned subsidiary. The Red Fiber Holdings limited liability company agreement gives certain investors in Red Fiber Holdings the right to designate managers of Red Fiber Holdings, who also are elected as directors of the Company. Mr. Kutos is not expected to be named to any committees of the Board of Directors of the Company.

Mr. Kutos will not receive any compensation from the Company for his services as a director of the Company. There are no transactions involving Mr. Kutos that would be required to be reported under Item 404(a) of Regulation S-K.