Company: LBTYK
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001193125-25-076819
Chunk: 84

Company: Liberty Global Ltd.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 84
---
Elements of Our Compensation Packages—Annual Performance Bonus Awards—Design of Our 2024 Annual Bonus Program) and includes results from both our consolidated and our 50% owned, non-consolidatedU.K. and Dutch businesses, all proportionally weighted by our ownership percentage. With respect to our equity compensation the most important metric is actual stock performance. The chart below shows our CAP as compared with the proportionate Adjusted EBITDA less P&E Additions Compensation Purposes with respect to each of the five years as used in determining executive compensation. | Note that the figures in this chart do not take into account various factors that may impact year to year comparisons including, for example, currency movements, acquisitions or dispositions or other transactions that could impact year to year comparability. Shareholders should review the Company’s audited financial statements for the relevant years in question. 68 CAP to Net Income (Loss) Applicable regulations require the table below, showing CAP as compared with GAAP net income (loss). For our company, which has a history of substantial and continual investments in infrastructure, net income will be negatively impacted by the magnitude of those investments, despite substantial adjusted free cash flow generation. The company does not use net income (loss) in setting its compensation plans or arrangements. Company TSR to Peer Group TSR As part of our PVP disclosure, we utilize a weighted telecommunications index created by Nasdaq for our peer comparison group (our Peer Group). This Peer Group index is the same index used in our Annual Report 69

on Form 10-Kfor purposes of complying with Item 201(e) of Regulation S-K.Our Peer Group index is composed exclusively of U.S.-listed companies with primarily U.S. operations. Given our European-focused operations, we may, from time to time, diverge from the index, either positively or negatively, due to regional differences in the telecommunications market and market-wide movements in domestic versus international stocks.

Table of Performance Measures

The four items listed below represent an unranked list of the most important performance metrics used by the company linking CAP to the NEOs for 2024 and Company performance. See — Compensation Discussion and Analysis—Elements of Our Compensation Packages for additional information concerning each of these financial and non-financial metrics.

| Metric                                                       |     | Description                                                             |
| Adjusted EBITDA less P&E Additions for Compensation Purposes |     | Financial metric used in 2020 - 2024 annual bonus program for all NEOs  |
| Revenue                                                      |     | Financial metric used