Company: LBTYK
Filing Date: 2025-03-25
Form Type: 10-K/A
Source: 0001570585-25-000097
Chunk: 64

Company: Liberty Global Ltd.
Filing Date: 2025-03-25
Form: 10-K/A
Chunk 64
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 with long-term rate of improvement of 1.00% per annum, w2023 of 15% and an initial addition of 0.25% for each of the plans |     |                    |     |                       |

At 31 December 2024, the weighted average duration of the defined benefit obligation of our Telefónica UK funded and unfunded plans, NTL and unfunded ACP plans and NTL 99 were 16.0, 10.0 and 14.0 years, respectively.

Any sensitivity analysis may not be representative of an actual change in the defined benefit obligation as it is unlikely that changes in assumptions would occur in isolation of one another. In presenting the sensitivity analysis, the change in present value of defined benefit obligations has been calculated using the projected unit credit method, which is the same as that applied in calculating the defined benefit obligation liability recognised on our consolidated balance sheet. The rate of inflation assumption sensitivity factors in the impact of changes to all assumptions relating to inflation ( RPI ), including the associated pension increase assumption. The following sensitivity analysis table summarises how a reasonably possible change in particular assumptions would, in isolation, result in an increase to the defined benefit obligation as of 31 December 2024 (in millions):

| Decrease discount rate by 0.25%    |     | £ | 41.6 |
| Increase inflation rate by 0.25%   |     | £ | 33.9 |
| Increase life expectancy by 1 year |     | £ | 34.9 |

As of 31 December 2024, the expected future benefit payments from the plans are as follows:

| Year ending 31 December: 
 2025                     |     | Funded      
 in millions 
 £           |    68.2 |     | Unfunded 
 £        | 0.2 |
|:-------------------------|:----|:------------|--------:|:----|:---------|----:|
| 2026                     |     |             |    70.0 |     |          | 0.2 |
| 2027                     |     |             |    71.8 |     |          | 0.2 |
| 2028                     |     |             |    73.7 |     |          | 0.2 |
| 2029                     |     |             |    75.6 |     |          | 0.2 |
| Thereafter               |     |