Company: LBTYK
Filing Date: 2025-03-25
Form Type: 10-K/A
Source: 0001570585-25-000097
Chunk: 29

Company: Liberty Global Ltd.
Filing Date: 2025-03-25
Form: 10-K/A
Chunk 29
---
 rate swap contracts at 31 December 2024:

| Pay fixed rate (a) |          |     |                  |     | Receive fixed rate |         |     |                  |
| Notional amount    |          |     | Weighted average 
   remaining life |     | Notional amount    |         |     | Weighted average 
   remaining life |
| in millions        |          |     |         in years |     | in millions        |         |     |         in years |
| £                  | 12,779.5 |     |              2.8 |     | £                  | 4,609.2 |     |              0.6 |

_______________

(a) Includes forward-starting derivative instruments.

#### Interest Rate Swap Options
From time to time, we enter into interest rate swap options ( swaptions ), which give us the right, but not the obligation, to enter into certain interest rate swap contracts at set dates in the future. Such contracts typically have a life of no more than three years. At the transaction date, the strike rate of each of these contracts was above the corresponding market rate. As of 31 December 2024, the option expiration period on each of our swaptions had expired.

<div align='center'>IV-26</div>

#### VMED O2 UK LIMITED

### Notes to Consolidated Financial Statements — (Continued)

#### 31 December 2024, 2023 and 2022

#### Basis Swaps
Our basis swaps involve the exchange of attributes used to calculate our floating interest rates, including (i) the benchmark rate, (ii) the underlying currency and/or (iii) the borrowing period. We typically enter into these swaps to optimise our interest rate profile based on our current evaluations of yield curves, our risk management policies and other factors. At 31 December 2024, the total pound sterling equivalent of the notional amount due from the counterparty, including forward-starting derivative instruments, was £5,509.6 million and the related weighted average remaining contractual life was 0.6 years.

#### Interest Rate Caps and Floors
From time to time, we enter into interest rate cap and floor agreements. Purchased interest rate caps lock in a maximum interest rate if variable rates rise, but also allow our Company to benefit from declines in market rates. Purchased interest rate floors protect us from interest rates falling below a certain level, generally to match a floating rate floor on a debt instrument. At