Company: LILA
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001712184-25-000084
Chunk: 41

Company: Liberty Latin America Ltd.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 41
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 their judgment and assessment. The individual performance goals for the NEOs related to their respective functional or operational areas of responsibility. In particular:

• Mr. Noyes’s 2024 goals related to financial reporting and planning, balance sheet and liquidity management, tax compliance and optimization, and oversight of investor relations and insurance activities. During 2024, Mr. Noyes and his team were responsible for improvements in our balance sheet and liquidity position including the refinancing of $3.3 billion of debt in our C&W debt silo that was completed in early 2025.

• Mr. Hussain’s 2024 goals included upgrading our networks to enable speeds of 1 Gbps or above, progressing the shutdown of our copper networks in C&W and CWP, and completing the integration at Liberty Puerto Rico. Throughout 2024, Mr. Hussain’s team achieved enabling 1 Gbps or above speeds to 97% of our network, building or upgrading approximately 400,000 homes passed, launching 5G in Costa Rica, Panama, and the Cayman Islands, completing the migration at Liberty Puerto Rico, migrating the IT systems in Panama in early 2024, as well as progressing AI implementation in network and customer service areas.

• Ms. Lorenzo’s 2024 goals related to leading our operations in Panama. During 2024, Ms. Lorenzo successfully transitioned to her new role as Senior Vice President, General Manager of CWP, leading our CWP team to sign up more subscribers than its competitor after Digicel’s market exit from Panama, and grew revenue and OFCF margin at CWP, with double-digit adjusted OIBDA growth in 2024, deployed 5G in Panama and completed the integration of Claro Panama’s operations with CWP. In addition, digital sales at our company increased to over 25% for 2024.

• Mr. Winter’s 2024 goals related to overseeing the company’s governance, risk and legal matters, establishing company-wide corporate policies, commercial contracting, oversight of regulatory and cybersecurity matters, and effective execution of key financial and strategic transactions. During 2024, Mr. Winter managed with our strategy team the successful negotiation of an agreement with Millicom to combine our respective operations in Costa Rica and the successful completion of the EchoStar Acquisition. Mr. Winter also led our cybersecurity team in its efforts to evolve our controls, testing and readiness to address cybersecurity risks that we face as a company.

The compensation committee considered each NEO’s performance and overall leadership