EXHIBIT 99.1

JOINT FILING AGREEMENT

This Joint Filing Agreement, dated as of July 26, 2023, is by and among Arturo R. Moreno, SunChase Investments LLC, William A. Pope, Verde Investments, Inc. and Ernest C. Garcia II (the foregoing are collectively referred to herein as the “Filers”).

Each of the Filers may be required to file with the United States Securities and Exchange Commission a statement on Schedule 13G and/or 13D with respect to shares of common stock, $0.01 par value per share, of Clear Channel Outdoor Holdings, Inc. beneficially owned by them from time to time.

Pursuant to and in accordance with Rule 13(d)(1)(k) promulgated under the Securities Exchange Act of 1934, as amended, the Filers hereby agree to file a single statement on Schedule 13G and/or 13D (and any amendments thereto) on behalf of each of such parties, and hereby further agree to file this Joint Filing Agreement as an exhibit to such statement, as required by such rule.

This Joint Filing Agreement may be terminated by any of the Filers upon one week’s prior written notice or such lesser period of notice as the Filers may mutually agree.

Executed and delivered as of the date first above written.

IN WITNESS WHEREOF, each of the undersigned executed this Joint Filing Agreement effective as of the date first written above.

 

ANNEX A

EXECUTIVE OFFICERS, MANAGERS AND/OR DIRECTORS

Executive Officers and Managers of SunChase Investments LLC

 

Name and Position		Principal Occupation		Principal Business Address		Citizenship
William A. Pope, President, Manager and Sole Member(1)
Joseph Clancy, Vice President, Chief Investment Officer and Manager		Director of Investments and Capital and Vice President of SunChase Holdings, LLC		c/o SunChase Investments LLC 5665 N. Scottsdale Road, Suite 135 Scottsdale, Arizona 85250		United States of America
Philip Handley, Senior Vice President, Chief Financial Officer and Manager		Chief Financial Officer of SunChase Holdings, LLC		c/o SunChase Investments LLC 5665 N. Scottsdale Road, Suite 135 Scottsdale, Arizona 85250		United States of America

(1) Mr. Pope is a Reporting Person and, as such, the information with respect to him called for by the Schedule 13D is set forth therein.

Executive Officers and Directors of Verde Investments, Inc.

 

Name and Position		Principal Occupation		Principal Business Address		Citizenship
Ernest C. Garcia II, Chief Executive Officer and Director(1)
Steven P. Johnson, Secretary		Secretary of Verde Investments, Inc.		c/o Verde Investments, Inc. 100 Crescent Court, Suite 1100 Dallas, Texas 75201		United States of America
Nancy V. Young, Treasurer		Treasurer of Verde Investments, Inc.		c/o Verde Investments, Inc. 100 Crescent Court, Suite 1100 Dallas, Texas 75201		United States of America

(1) Mr. Garcia is a Reporting Person and, as such, the information with respect to him called for by the Schedule 13D is set forth therein.

ANNEX B

TRANSACTIONS IN THE SHARES OF THE ISSUER DURING THE PAST SIXTY DAYS

Arturo R. Moreno

 

Nature of Transaction		Transaction Date		Number of Shares				Total Purchase Amount ($)				Price Per Share ($)				Price Per Share Range
Transfer of Common Stock from Affiliate		7/11/2023			8,766,188			$	10,702,340	(1)		$	1.221	(1)		$	1.221	(1)
Purchase of Common Stock on Open Market		7/13/2023			500,000			$	822,614.18			$	1.65			$	1.65
Purchase of Common Stock on Open Market		7/14/2023			7,971			$	13,325.52			$	1.67			$	1.67

(1) For estate planning purposes, Mr. Moreno transferred 8,766,188 shares of Common Stock with a cost basis of $10,702,340 from an affiliate to his personal account.

SunChase Investments LLC

 

Nature of Transaction		Transaction Date		Number of Shares				Total Purchase Amount ($)				Price Per Share ($)				Price Per Share Range
Purchase of Common Stock on Open Market		5/30/2023			393,000			$	514,630.36			$	1.294			$1.275 – $1.300
Purchase of Common Stock on Open Market		6/8/2023			200,000			$	270,219.24			$	1.351			$1.346 – $1.357
Purchase of Common Stock on Open Market		6/9/2023			170,000			$	228,199.99			$	1.342			$1.334 – $1.359
Purchase of Common Stock on Open Market		6/12/2023			160,000			$	212,164.56			$	1.326			$1.320 – $1.330
Purchase of Common Stock on Open Market		6/13/2023			220,000			$	286,777.97			$	1.304			$1.288 – $1.310
Purchase of Common Stock on Open Market		7/13/2023			261,119			$	439,985.59			$	1.670			$1.64 – $1.68
Purchase of Common Stock on Open Market		7/14/2023			238,881			$	406,694.91			$	1.688			$1.65 – $1.70
Purchase of Common Stock on Open Market		7/17/2023			200,000			$	346,640.00			$	1.718			$1.69 – $1.74
Purchase of Common Stock on Open Market		7/20/2023			75,000			$	119,985.00			$	1.60			$1.60
Purchase of Common Stock on Open Market		7/20/2023			383,529			$	627,836.98			$	1.622			$1.585 – $1.650
Purchase of Common Stock on Open Market		7/21/2023			541,471			$	875,883.49			$	1.603			$1.550 – $1.625

Verde Investments, Inc.

 

Nature of Transaction		Transaction Date		Number of Shares				Total Purchase Amount ($)				Price Per Share ($)				Price Per Share Range
Purchase of Common Stock on Open Market		5/30/2023			454,832			$	590,967.77			$	1.29431			$1.27 – $1.30
Purchase of Common Stock on Open Market		5/31/2023			37,400			$	44,984.72			$	1.1978			$1.19 – $1.20
Purchase of Common Stock on Open Market		6/13/2023			224,226			$	292,188.90			$	1.2981			$1.29 – $1.30
Purchase of Common Stock on Open Market		6/15/2023			43,900			$	55,033.04			$	1.2486			$1.24 – $1.25

Nature of Transaction		Transaction Date		Number of Shares				Total Purchase Amount ($)				Price Per Share ($)				Price Per Share Range
Purchase of Common Stock on Open Market		6/22/2023			300,000			$	388,650.00			$	1.2905			$1.255 – $1.30
Purchase of Common Stock on Open Market		6/23/2023			202,719			$	253,317.67			$	1.24460002			$1.215 – $1.25
Purchase of Common Stock on Open Market		7/10/2023			15,600			$	23,478.00			$	1.50			$1.50
Purchase of Common Stock on Open Market		7/12/2023			82,163			$	131,452.58			$	1.5949			$1.57 – $1.60
Purchase of Common Stock on Open Market		7/13/2023			33,066			$	53,748.78			$	1.6205			$1.615 – $1.63
Purchase of Common Stock on Open Market		7/14/2023			483,240			$	819,575.04			$	1.690988			$1.65 – $1.70
Purchase of Common Stock on Open Market		7/17/2023			250,000			$	433,325.00			$	1.728318			$1.705 – $1.75
Purchase of Common Stock on Open Market		7/19/2023			99,311			$	159,214.40			$	1.5982			$1.59 – $1.60
Purchase of Common Stock on Open Market		7/20/2023			103,280			$	164,607.66			$	1.5888			$1.565 – $1.60