Company: GHC
Filing Date: 2025-03-26
Form Type: DEF 14A
Source: 0001193125-25-063218
Chunk: 57

Company: Graham Holdings Co
Filing Date: 2025-03-26
Form: DEF 14A
Chunk 57
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 equivalent to the single life annuity. The Retirement Plan’s normal retirement age is 65. The Graham Schedule provides a reduced benefit beginning at age 55. The reduction is a percentage based on age at retirement. For example, at age 55 with 10 years of service, the reduction is 60%; at age 58, the reduction is 26%. However, if the employee’s age plus years of service at retirement is at least 90 (the “Rule of 90”), then there is no reduction for early payment. Retirement Plan Benefits Under the Newsweek Schedule A portion of Mr. Rosen’s pension benefit was earned under the Newsweek Schedule. Vested benefits payable under this Schedule include the following, subject to the limitations on tax-qualifiedplans mentioned above:

| • |     | An annual pension (payable one-twelfth each month) equal to 1.0% of the highest average compensation multiplied by years of credited service with Newsweek after 1982 (with a slightly different formula for service before 1983). |

| • |     | An annual Cash Pension Supplement equal to $150, multiplied by years of credited service (up to 30 years). |

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The Newsweek Schedule permits early retirement with full benefits at various combinations of age and service. Mr. Rosen became eligible for an unreduced early retirement benefit at age 60. Retirement Plan Benefits Under the Company Contribution Plan Effective January 1, 2024, the Graham and Kaplan Cash Balance Schedules were renamed the Company Contribution Plan. The CC Plan was amended to provide a Company contribution credit of 8% of base salary for employees with fewer than 10 years of service and 10% of base salary for those with 10 or more years of service. Mr. O’Shaughnessy and Mr. Maas are participants in the CC Plan and each receive an 8% contribution. Mr. Cooney, Mr. Rosen, and Ms. Maddrey are participants and each receive a 10% contribution. Prior to January 1, 2024, a portion of Mr. O’Shaughnessy’s and Mr. Maas’ pension benefits was earned under the Graham CBRP Schedule while Mr. Rosen’s was earned under the Kaplan Schedule. Under these schedules, each employee had an account (expressed as a lump-sumamount, rather than as an annuity) that was credited with quarterly pay-basedcredits and interest credits. Interest under both schedules was credited on these accounts at the greater of an