Company: CCO
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001193125-25-077985
Chunk: 39

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 39
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 $                 |   400,000 |     | $                 |   400,000 |     |                |  0.0 | % |
| Brian D. Coleman(3) |     | $                 |   700,000 |     |                   |         — |     |                |    — |   |

| (1) | On March 1, 2024, in connection with his promotion to Executive Vice President, Chief Financial Officer of the Company, Mr. Sailer received a base salary increase from $540,000 to $650,000. |

| (2) | Mr. Cochrane is a citizen of the United Kingdom, and therefore amounts reported for him that were originally denominated in British pounds have been converted to U.S. dollars using the average exchange rate of £0.7826 = $1. |

| (3) | On March 1, 2024, in connection with his transition from Executive Vice President, Chief Financial Officer of the Company to a consultant of the Company and his entry into a consulting agreement, Mr. Coleman ceased to receive his $700,000 per annum base salary, and instead began receiving a consulting fee of $29,000 per month. |

Mr. Cochrane’s Transaction Bonuses In recognition of his efforts related to the sales of our European businesses, on October 25, 2022, the Compensation Committee approved a cash award for Mr. Cochrane of £187,500, of which 50% was paid in each of October 2023 and October 2024. Each payment was subject to Mr. Cochrane’s continued employment through the payment date, unless Mr. Cochrane’s employment was terminated by the Company without cause or as a result of a repudiatory breach of contract by the Company entitling Mr. Cochrane to resign and claim constructive dismissal. In addition to the foregoing cash award, in further recognition of his efforts related to the sale of our Europe-North businesses, on February 27, 2024, the Compensation Committee approved an additional cash award for Mr. Cochrane of £337,500, which will be payable on the Company’s first regularly scheduled payroll following the closing date of the sale of our Europe-North businesses, subject to the terms and conditions set forth in a bonus letter dated as of February 27, 2024 (and amended on January 6, 2025).

| 38  Notice and�