A B n o te N o rt h A m er ic a 71 1 A R M ST R O N G LA N E CO LU M B IA , TE N N ES SE E 38 40 1 (93 1) 38 8- 30 03 SA LE S: H O LL Y G R O N ER 93 1- 49 0- 76 60 PR O O F O F: JU LY 23 , 20 14 TO W N Sq UA R E M ED IA , IN C. W O - 88 02 LO T 2 FA CE O PE R AT O R : D KS /M R N EW N O TE : TE XT R EC EI VE D B Y M O D EM O R E- M A IL IS N O T PR O O FR EA D W O R D FO R W O R D . Co lo rs Se le ct ed fo r Pr in tin g: In ta gl io pr in ts in SC - 7 D ar k B lu e. PL EA SE IN IT IA L TH E A PP R O PR IA TE SE LE CT IO N FO R TH IS PR O O F: O K A S IS O K W IT H CH A N G ES M A K E CH A N G ES A N D SE N D A N O TH ER PR O O F CO LO R: Th is pr o o f w as pr in te d fro m a di gi ta l fi le o r ar tw o rk o n a gr ap hi cs qu al ity , co lo r la se r pr in te r. It is a go o d re pr es en ta tio n o f t he co lo r as it w ill ap pe ar o n th e fin al pr o du ct . Ho w ev er , it is n o t a n ex ac t c o lo r re n di tio n , an d th e fin al pr in te d pr o du ct m ay ap pe ar sl ig ht ly di ffe re n t f ro m th e pr o o f d u e to th e di ffe re n ce be tw ee n th e dy es an d pr in tin g in k. TB THIS CERTIFIES THAT IS THE RECORD HOLDER OF FULLY PAID AND NON-ASSESSABLE SHARES OF THE CLASS B COMMON STOCK, $0.01 PAR VALUE PER SHARE, OF CO U N TERSIG N ED AN D R EG ISTER ED : A M ER IC A N STO C K TR A NSFER & TRUST CO M PA N Y , LLC (B ro oklyn , N Y) TR ANSFER AG EN T AN D R EG ISTR AR By AU THO R IZED SIG N ATU R E Townsquare Media, Inc. Dated: SEE REVERSE FOR CERTAIN DEFINITIONS CUSIP 892231 10 1INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE transferable on the books of the Corporation in person or by duly authorized attorney upon surrender of this Certificate, properly endorsed. This Certificate is not valid until countersigned by the Transfer Agent and registered by the Registrar. WITNESS the facsimile seal of the Corporation and the facsimile signatures of its duly authorized officers. CLASS B COMMON STOCK DELAWARE SEAL CO RPORATE TO WN SQ UARE MEDIA, I NC. CHAIRMAN AND CHIEF EXECUTIVE OFFICEREXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER AND SECRETARY Townsquare Media, Inc.
A B n o te N o rt h A m er ic a 71 1 A R M ST RO N G LA N E CO LU M B IA , TE N N ES SE E 38 40 1 (93 1) 38 8- 30 03 H O LL Y G RO N ER 93 1- 49 0- 76 60 PR O O F O F: JU LY 23 , 20 14 TO W N SQ UA R E M ED IA , IN C. W O - 88 02 BA CK - LO T 2 O PE R AT O R : D KS /M R N EW PL EA SE IN IT IA L TH E A PP RO PR IA TE SE LE CT IO N FO R TH IS PR O O F: O K A S IS O K W IT H CH A N G ES M A K E CH A N G ES A N D SE N D A N OT H ER PR O O F UN IF G IF T M IN AC T– Cu st o di a n (C u st ) (M in o r) u n de r Un ifo rm G ift s to M in o rs Ac t (S ta te ) Th e fo llo w in g a bb re vi a tio n s, w he n u se d in th e in sc rip tio n o n th e fa ce o f t hi s ce rti fic a te , sh a ll be co n st ru e d a s th o u gh th ey w e re w rit te n o u t i n fu ll a cc o rd in g to a pp lic a bl e la w s o r re gu la tio n s: TE N CO M TE N EN T JT TE N a s te n a n ts in co m m o n a s te n a n ts by th e e n tir e tie s a s joi n t t e n a n ts w ith rig ht o f s u rv ivo rs hi p a n d n o t a s te n a n ts in co m m o n Ad di tio n a l a bb re vi a tio n s m ay a ls o be u se d th o u gh n o t i n th e a bo ve lis t. – – – o f t he CL AS S B co m m o n st o ck re pr e se n te d by th e w ith in Ce rti fic a te , a n d do he re by irr ev o ca bl y co n st itu te a n d a pp o in t to tra n sf e r th e sa id st o ck o n th e bo o ks o f t he w ith in n a m e d Co rp o ra tio n w ith fu ll po w e r o f s u bs tit u tio n in th e pr e m is e s. D a te d Fo r va lu e re ce ive d, he re by se ll, a ss ig n a n d tra n sf e r u n to PL EA SE IN SE RT SO CI AL SE CU R IT Y O R OT H ER ID EN TI FY IN G N UM BE R O F AS SI G N EE Sh a re s At to rn ey PL EA SE PR IN T O R TY PE W R IT E N AM E AN D AD D R ES S IN CL UD IN G ZI P CO D E O F AS SI G N EE SI G N AT UR E( S) G UA R A N TE ED : TH E SI G N AT UR E( S) M US T BE G UA R AN TE ED BY AN EL IG IB LE G UA R AN TO R IN ST IT UT IO N (B AN KS , ST O CK BR O KE R S, SA VI N G S AN D LO AN AS SO CI AT IO N S AN D CR ED IT UN IO N S W IT H M EM BE R SH IP IN AN AP PR OV ED SI G N AT UR E G UA R AN TE E M ED AL LI O N PR O G R AM ), P UR SU AN T TO S. E. C. RU LE 17 Ad - 15 . TH E SI G N AT UR E TO TH IS AS SI G N M EN T M US T CO R R ES PO N D W IT H TH E N AM E AS W R IT TE N U PO N TH E FA CE O F TH E CE RT IF IC AT E, IN EV ER Y PA RT IC UL AR , W IT H O UT AL TE R AT IO N O R EN LA R G EM EN T, O R AN Y CH AN G E W H AT SO EV ER . N OT IC E: