Company: CCO
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001193125-25-077985
Chunk: 30

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 30
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 the Company. |

| (2) | In connection with the closing of the sale of the businesses constituting the Company’s Europe-North segment on March 31, 2025, immediately following the closing thereof, Mr. Cochrane ceased to be an employee of the Company. |

| (3) | On December 18, 2023, the Board and Mr. Coleman agreed that Mr. Coleman would depart from his position as Executive Vice President and Chief Financial Officer of the Company, effective as of March 1, 2024, upon which time Mr. Coleman became a consultant to the Company in order to assist with transition matters until April 15, 2025. |

OUR EXECUTIVE COMPENSATION PHILOSOPHY To ensure our leaders are driven to deliver sustained business results and achieve our financial, operational and strategic objectives, our executive compensation program is designed to link business priorities with performance. We also believe it is important to strongly align our executives’ interests with those of our stockholders by emphasizing variable pay, with a specific focus on achieving Company results that drive shareholder returns.

| Our executive compensation programs are based on a pay-for-performance philosophy and are designed to:   •  Attract, motivate and retain talented executives who have the skills to drive our continued profitability, growth and success;   •  Align the interests of our executives with those of our stockholders;   •  Reward executives for sustained business results that drive stockholder value (pay-for-performance); and   •  Balance “best practices” in executive compensation design, local market practice and Company strategy. |

| Notice and Proxy Statement 2025  29 |

SUMMARY OF OUR 2024 DECISIONS The Compensation Committee makes decisions regarding our NEOs’ total compensation (base salary, annual bonus objectives, opportunities and payments and annual equity grants) in connection with our annual performance review process. The information below summarizes these decisions for 2024. Based on market data provided by the Compensation Committee’s independent compensation consultant, in aggregate, for 2024, our NEOs’ total compensation, on average, including base salary, target annual incentive, 2024 annual LTI grant value and the annualized grant value of outstanding one-timeLTI awards, was positioned approximately at the market median.

| Factors that Guided Total Compensation Decisions                   |     | •  Our executive compensation philosophy, taking into consideration our total