Company: IHETW
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001400891-25-000022
Chunk: 38

Company: iHeartMedia, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 38
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 Chair

Samuel E. Englebardt, Member

Cheryl Mills, Member

Kamakshi Sivaramakrishnan, Member

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#### Executive Compensation
This section describes our executive compensation program for 2024, including an overview of our executive compensation philosophy, objectives, and the decisions of the Compensation Committee of the Board regarding the fiscal 2024 compensation of our NEOs. As of June 30, 2024, the Company qualified as a "smaller reporting company" under rules adopted by the Securities and Exchange Commission (the "SEC") for the year ended December 31, 2024. As such, the Company is now providing executive compensation disclosure in compliance with the SEC's rules and regulations applicable to smaller reporting companies.

The Compensation Committee and senior management continue to focus on developing clear and robust compensation principles that emphasize rewarding exceptional performance, driving value creation for our stockholders and ensuring best practices and sound governance in everything we do.

#### 2024 Named Executive Officers
For fiscal year 2024, our NEOs were:

| Robert W. Pittman     |     | Chairman and Chief Executive Officer (“CEO”)                                            |
| Richard J. Bressler   |     | President, Chief Operating Officer and Chief Financial Officer (“President”)            |
| Michael B. McGuinness |     | Executive Vice President, Deputy Chief Financial Officer and Head of Investor Relations |

| iHeartMedia Executive Compensation: Key Principles                                                                                                                                                                                                                                                                                    |
| Our executive compensation program reflects our key compensation principles and encourages executives to execute against key strategic and operating goals that impact stockholder value creation. The Compensation Committee utilizes a combination of fixed and variable pay elements in order to achieve the following objectives: 
 •Attract, motivate and retain highly qualified executive officers by paying them competitively, consistent with our success and their contribution to that success. Our ability to excel depends on the skill, creativity, integrity and teamwork of our employees;                                                                   
 •Reward both short- and long-term business results, and most importantly, maximize long-term stockholder value;                                                                                                                                                                                                                       
 •Emphasize pay for performance, with a program that aligns compensation with financial and operational achievements; and                                                                                                                                                                                                              
 •Maintain a commitment to strong corporate governance and best practices, with a focus on avoiding excessive risk-taking and activities that are inconsistent with our stockholders’ interests.                                                                                                                                       |

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Supporting Our Key Compensation Principles and Stockholder Alignment

The chart below summarizes