Company: IHETW
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001400891-25-000022
Chunk: 47

Company: iHeartMedia, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 47
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%                       |     | 68%                                        |     |           $4,050,000 |     | 71%                                    |     |    $2,882,203 |
| Richard J. Bressler |     | 67.2%                         |     | 50.6%                         |     |                             |     | 132.6% | 62.4%                       |     | 68%                                        |     |           $4,050,000 |     | 71%                                    |     |    $2,882,203 |
| Michael McGuinness  |     | 67.2%                         |     | 50.6%                         |     |                             |     | 132.6% | 62.4%                       |     | 65%                                        |     |           $1,156,250 |     | 70%                                    |     |      $805,507 |

#### Transaction Bonus Program
In addition to the Annual Incentive Plan, the Compensation Committee approved a one-time transaction bonus program for Mr. McGuinness to recognize his extraordinary efforts of executing and bringing the Debt Exchange Transaction to a successful completion. The Committee believes that one-time awards should be made only in rare and exceptional circumstances to recognize outstanding individual efforts, to incentivize specific business performance goals or in furtherance of retention efforts related to critical executive talent. Specifically, the Compensation Committee recognized the additional significant responsibilities and workloads related to the

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Debt Exchange Transactions. The bonus was payable subject to the successful closing of the Debt Exchange Transaction and Mr. McGuinness' continued employment through the closing of the Debt Exchange Transaction. In connection with the successful exchange of approximately $4.8 billion (or 92%) of the Company's aggregate principal amount of outstanding debt, which extended the vast majority of its debt maturities by three years and reduced its total debt balance debt, Mr. McGuinness received a cash transaction bonus of $1,000,000, which was paid to Mr. McGuinness in December 2024 at the closing of the Debt Exchange Transaction .

#### Long-Term Incentive Compensation
Long-term incentives help to align executive interests with those of our stockholders. We have designed our annual long-term incentive program to support the objectives of our business, align with market practice and provide incentive to deliver key financial performance that is linked with long-term stockholder value creation.

The following criteria are evaluated for each of the NEOs when determining the value