On April 21, 2017, the board of directors (the “Board”) of Voltari Corporation (the “Company”) appointed Sachin Latawa to the Board, to serve until the next annual meeting of stockholders and, in connection with his appointment, expanded the Board to four members.

Mr. Latawa has served as Chief Financial Officer of the Real Estate Segment of Icahn Enterprises L.P. (“IEP”), a diversified holding company engaged in a variety of businesses, including Investment, Automotive, Energy, Gaming, Railcar, Food Packaging, Metals, Mining, Real Estate and Home Fashion, since January 2017. In his current role, Mr. Latawa is responsible for directing all acquisition, divestiture, financial reporting, accounting, asset management and financial planning activities for IEP’s Real Estate Segment. Prior to that time, Mr. Latawa was Controller of IEP’s Real Estate Segment, beginning in April 2015. Prior to joining IEP, Mr. Latawa served as Vice President and M&A Controller at Fortress Investment Group (“Fortress”), where his responsibilities included overseeing M&A transactions for various publicly-traded REITs managed by Fortress, from March 2014 to April 2015. From 2006 to 2014, Mr. Latawa held various positions with PwC Transaction Services, most recently as a Director. Mr. Latawa is a Certified Public Accountant in the United States and a Chartered Accountant in India. He holds a Bachelors’ Degree in Commerce from Delhi University, India and an MBA from the Institute of Management Technology, India.

There are no arrangements or understandings between Mr. Latawa and any other persons to which he was selected as a director and he has no direct or indirect material interest in any transaction required to be disclosed to Item404(a) ofRegulationS-K.