Company: IHETW
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001400891-25-000022
Chunk: 43

Company: iHeartMedia, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 43
---
 meetings and provides information, research and analysis pertaining to executive compensation and governance as requested by the Compensation Committee. In 2024, the Compensation Committee continued to engage FW Cook as its independent consultant.

Pursuant to SEC rules, the Compensation Committee conducted a conflicts of interest assessment and the Compensation Committee determined there is no conflict of interest resulting from retaining FW Cook. The Compensation Committee intends to reassess the independence of its consultant at least annually.

<div align='center'>35</div>

#### Role of the Executive Compensation Peer Group
| To help ensure we provide our NEOs with fair and market-competitive compensation and to support retention of our key leaders, we annually compare our executive compensation program to that of a peer group of companies. Our peer group is reviewed based on a multi-dimensional analysis in which we select companies that meet some or all of the following criteria: |     | iHeartMedia was near the 50thpercentile of our peer group based on size represented by revenue and enterprise value (as of the time the group was approved). |

• Similar in size (primarily revenue and enterprise value in a 0.25x-to-4.0x range, subject to exception for key competitors) and complexity to iHeartMedia

• In the broadcasting or media and entertainment industries, including movies and entertainment, cable and satellite, integrated telecommunication services and publishing

• In competition with iHeartMedia for executive talent

The following peer group was used to inform 2024 compensation decisions:

| 2024 Executive Compensation Peer Group |     |                                     |     |                          |
| AMC Networks, Inc.                     
 Audacy                                 
 Gray Television, Inc.                  
 IAC/InterActive Corp                   
 Lions Gate Entertainment Corp.         |     | Live Nation Entertainment, Inc.     
 Madison Square Garden Entertainment 
 Nexstar Media Group, Inc.           
 Nielsen Holdings plc                
 Sinclair Broadcast Group, Inc.      |     | Sirius XM Holdings, Inc. 
 TEGNA, Inc.              
 The E.W. Scripps Company 
 Warner Music Group Corp. |

Our peer group is regularly reviewed by the Compensation Committee with consideration given to our strategy and the advice of our independent compensation consultant. The Compensation Committee worked with FW Cook to review our peer group during the second half of 2024, for use in establishing 2025 compensation levels. As a result of this review, we removed Audacy (due to its bankruptcy) and added Gannett, which meets all of the selection criteria.

#### Elements of the Executive Compensation Program
Our executive compensation