Company: LBTYK
Filing Date: 2025-06-17
Form Type: 11-K
Source: 0001570585-25-000163
Chunk: 4

Company: Liberty Global Ltd.
Filing Date: 2025-06-17
Form: 11-K
Chunk 4
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 Plan
) provides only general information. Participants and all others should refer to the Plan document for a more complete description of the Plan’s provisions. Liberty Global, Inc. (

#### LGI
) is a subsidiary of Liberty Global Ltd. (

#### Liberty Global
), a Bermuda exempted company limited by shares. LGI, as the Plan sponsor, reserves the right to amend the Plan at any time. In these notes, the terms “we,” “our,” “our company” and “us” may refer, as the context requires to Liberty Global. In addition, “Liberty Global” may refer, as the context requires, to Liberty Global Ltd. or collectively to Liberty Global Ltd. and its subsidiaries.

We completed the spin-off of our operations in Switzerland, referred to as “

#### Sunrise
”, together with certain other Liberty Global subsidiaries connected to our Swiss business (together, the

#### Sunrise Entities
) on November 8, 2024 (the

#### Spin-off
). Following a series of transactions, the Spin-off resulted in the transfer of the Sunrise Entities to an independent separate publicly-traded Swiss company, Sunrise Communications AG. The Spin-off was accomplished through the distribution of Sunrise common shares, in the form of Sunrise American depository shares (

#### ADSs
), to Liberty Global shareholders. Liberty Global shareholders received one Sunrise Class A ADS for every five Liberty Global Class A or Class C common shares and two Sunrise Class B ADSs for each Liberty Global Class B common share. While Fidelity (as defined and described below) was able to receive the Sunrise ADSs and sell them on the Nasdaq, Fidelity was unable to convert the Sunrise ADSs into Sunrise common shares. As a result, participants had the option to request Fidelity to sell their Sunrise ADSs prior to January 13, 2025 and reinvest the proceeds into investments of their choosing. For any Sunrise ADSs that remained in the Plan as of January 13, 2025, Liberty Global’s Plan committee instructed Fidelity to sell them and reinvest the proceeds into participant’s current elections under the Plan.

These financial statements reflect our consideration of the accounting and disclosure implications of subsequent events through June 17, 2025, the date of issuance.

#### General
The Plan was established January 1, 1994 and is a defined contribution plan. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (

#### ERISA
). The Plan has been amended and