LAMAR ADVERTISING CO/NEW

Lamar Advertising Company is a leading real estate investment trust (REIT) specializing in outdoor advertising across North America. It owns and operates one of the largest networks of advertising displays, including over 362,000 billboards, interstate logo signs, transit advertisements on buses and shelters, benches, and airport terminals, serving both local businesses and national brands. The company provides comprehensive services such as ad copy production, placement, and maintenance, with a key focus on its extensive digital billboard network exceeding 5,400 faces, which enables dynamic and targeted advertising campaigns. Operating primarily through its Billboard and Other segments, Lamar Advertising Company generates core revenue from leasing space on these high-visibility platforms, reaching broad audiences daily in urban and highway locations throughout the United States and Canada. Founded in 1902 and headquartered in Baton Rouge, Louisiana, it plays a vital role in the out-of-home advertising market by offering resilient, location-based media solutions.