Company: LBTYK
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001193125-25-076819
Chunk: 57

Company: Liberty Global Ltd.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 57
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 interest rates of 4.04%, a volatility rate ranging from 29.34% to 29.53% and an expected term of 4.3 years for all NEOs. The SARs granted on March 25, 2024 are subject to annual time vesting over a three-year service period vesting on May 1 of each of 2025, 2026 and 2027 in equal installments. All SAR awards have a ten-year term. |

Narrative to Summary Compensation Table and Grants of Plan-Based Awards Table The amounts reported for 2024 in the Summary Compensation Table include salary, annual performance bonuses, equity incentive grants, benefits and perquisites as more fully described in —Elements of Our Compensation Packagesabove and —Employment and Other Agreementsbelow. The following discussion focuses on the annual performance bonus award component of 2024 total compensation reflected in the Grants of Plan-Based Awards Table above. Additional information with respect to the other components of 2024 compensation is provided in the notes to the Summary Compensation Table above. Also discussed are vesting and forfeiture provisions applicable to the RSU and PSU awards granted in 2024 under the 2024 LTIP. For information on the effect of a termination or change in control on these RSU and PSU awards, see —Potential Payments Upon Termination or Change-in-Controlbelow. The maximum achievable amount of the 2024 annual performance bonus awards for each of our NEOs is shown in the Grants of Plan-Based Awards Table under the “Estimated Possible Payouts Under Non-EquityIncentive Plan Awards” column. Because the compensation committee has discretion to pay no award, no “threshold” or minimum amounts are reflected in the Grants of Plan-Based Awards Table. The amount each NEO actually earned of his 2024 annual performance bonus award is reflected in the Summary Compensation Table under “Stock Awards” column for the portion of such annual performance bonus paid in shares and in the “Non-EquityIncentive Plan Compensation” and “Bonus” columns for the portion paid in cash. Our NEOs could elect for all, a portion (in 25% increments) or none of their award to be paid in shares under the SHIP, with the remainder, if any, paid in cash. Additionally, the compensation committee approved payment of 2024 annual performance bonuses to our executive officers, including our NEOs, and certain other officers and key employees in the form of cash up to 100% of target value and any over-performance in