Company: CCO
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001193125-25-077985
Chunk: 7

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 7
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 result in a “material relationship” between Clear Channel Outdoor and Legion Partners that would impede the exercise of independent judgment by Mr. White, the Board considered, among other things, that Legion Partners’ rights and obligations under the Cooperation Agreement, as amended, arise directly as a result of Legion Partners’ stock ownership, that the amount of certain expenses of Legion Partners that Clear Channel Outdoor reimbursed in 2024 is below the threshold set forth in the applicable NYSE and Board-adopted standards regarding independence and that such reimbursement does not constitute the payment of a consulting, advisory or other compensatory fee for purposes of Rule 10A-3of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

| 2  Notice and Proxy Statement 2025 |

COMMITTEES OF THE BOARD The Board has three standing committees: (i) the Audit Committee, (ii) the Compensation Committee and (iii) the Nominating and Corporate Governance Committee. Each committee consists solely of independent directors and is governed by a written charter. The committee charters are available on our website at investor.clearchannel.com. The table below provides membership information for each committee of the Board as of April 2, 2025: Board Committee Membership

| Director Name                            |     | Audit  Committee |     |        |     | Compensation   Committee |     |        |     | Nominating 
 and        
 Corporate  
 Governance 
 Committee  |     |        |
| John Dionne                              |     |                  |     | Member |     |                          |     |        |     |            |     |  Chair |
| Lisa Hammitt                             |     |                  |     |        |     |                          |     | Member |     |            |     | Member |
| Andrew Hobson                            |     |                  |     |  Chair |     |                          |     |        |     |            |     |        |
| Timothy (Tim) P. Jones                   |     |                  |     | Member |     |                          |     | Member |     |            |     |        |
| Thomas C. King                           |     |                  |     |        |     |                          |     |  Chair |     |            |     |        |
| Joe Marchese                             |     |                  |     |        |     |                          |     | Member |     |            |     | Member |
| W. Benjamin Moreland, Chair