BBGI · Beasley Broadcast Group, Inc.

The appointment of Jeffrey D. Goldberg to Beasley Broadcast Group’s Board reflects an intentional expansion of governance capacity amid ongoing strategic review activities. His designation to the Strategic Alternatives Committee—explicitly named in the filing—signals that the Board is actively engaged in evaluating potential corporate actions, likely tied to the transaction support framework established under the A&R TSA dated April 27, 2026. Mr. Goldberg’s background in health care services and technology, including executive roles as CFO of a specialty hospital and General Counsel at Advanced Bionics, introduces domain expertise distinct from the Company’s broadcast core, potentially supporting diversification or transformation considerations. The $85,000 annual cash compensation aligns with typical non-employee director pay for similarly sized public companies but is structured with a notable $12,500 'other cash consideration' component, suggesting tailored engagement beyond standard duties. While no related party transactions are disclosed, the linkage to the A&R TSA implies this appointment is part of a broader restructuring or liquidity initiative involving supporting holders, heightening investor attention to upcoming disclosures regarding strategic alternatives.