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

Company: Liberty Global Ltd.
Filing Date: 2025-06-17
Form: 11-K
Chunk 11
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 fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although the Plan has concluded that its valuation method is appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

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LIBERTY GLOBAL 401(K) SAVINGS & STOCK OWNERSHIP PLAN</div>

### Notes to Financial Statements — (Continued)

#### December 31, 2024
A summary of Plan investments measured at fair value is as follows:

|                    | Description | Quoted prices in active markets for identical assets (Level 1) 
 December 31,                                                   |       2024 |     |   |       2023 |
|:-------------------|:------------|:---------------------------------------------------------------|-----------:|:----|:--|-----------:|
| Mutual funds       |             | $                                                              | 45,203,818 |     | $ | 38,460,461 |
| Employer shares    |             |                                                                |  4,898,265 |     |   |  8,526,066 |
| Equity securities  |             |                                                                |  3,175,175 |     |   |          — |
| Money market funds |             |                                                                |  2,808,437 |     |   |  2,086,459 |
| Total              |             | $                                                              | 56,085,695 |     | $ | 49,072,986 |

(4)

#### Concentrations, Risks and Uncertainties
The Plan invests in (i) various money market and mutual funds, (ii) common shares of Liberty Global and (iii) ADSs of Sunrise. Investment securities are exposed to various risks, such as interest rate, credit and overall market volatility risks, including the impact of inflation. Additionally, the value, liquidity and related income of the investment securities are sensitive to changes in economic conditions, including delinquencies or defaults, and may be adversely affected by shifts in the market’s perception of the issuers or changes in interest rates. Liberty Global common shares are also exposed to risks specific to Liberty Global. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants’ account balances and the amounts reported in