X0508 4 2026-02-18 0001090425 LAMAR ADVERTISING CO/NEW LAMR 0001736249 Johnson Jay LeCoryelle 5321 CORPORATE BOULEVARD BATON ROUGE LA 70808 0 1 0 0 CFO, Treasurer, EVP 0 LTIP Units 2026-02-18 4 D 0 11740 0 D Class A Common Stock 11740 21860 D LTIP Units Class A Common Stock 19800 19800 I By Westview Capital Partners, LLC LTIP Units Class A Common Stock 33600 33600 I By Blair Road, L.L.C. These LTIP Units ("LTIP Units") of Lamar Advertising Limited Partnership (the "OP"), the operating partnership of Lamar Advertising Company ("Lamar"), were issued under Lamar's 1996 Equity Incentive Plan, as amended. LTIP Units are a class of units of the OP that, following the occurrence of certain events and upon vesting, convert automatically into an equivalent number of common partnership units of the OP ("Common Units"). Common Units are redeemable by the holder for cash or Class A common stock of Lamar on a one-for-one basis, at Lamar's election. These LTIP Units were originally awarded subject to forfeiture based on the achievement of performance goals for 2025, as determined by Lamar's Compensation Committee. Amount represents the portion of the award (including dividends) forfeited when performance results for 2025 were determined by the Compensation Committee on February 18, 2026. These LTIP Units of the OP were previously issued and vested under Lamar's 1996 Equity Incentive Plan, as amended, and following the occurrence of certain events and upon vesting, convert automatically into an equivalent number of Common Units. The Common Units are redeemable by the holder for cash or Class A common stock of Lamar on a one-for-one basis, at Lamar's election. These LTIP Units were previously transferred from Brawley Capital Partners, L.L.C. ("Brawley") to Westview Capital Partners, LLC ("Westview"). The reporting person is a member and manager of both Brawley and Westview. The reporting person is a member and manager of Blair Road, L.L.C. /s/ James McIlwain, as attorney-in-fact 2026-02-20