Company: LBTYK
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001193125-25-076819
Chunk: 58

Company: Liberty Global Ltd.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 58
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 common shares of Liberty Global as described in —Compensation Discussion and Analysisabove. The number of PSUs that can be earned by our NEOs are included in the Grants of Plan-Based Awards Table under the “Estimated Possible Payouts Under Equity Incentive Plan Awards” column. A payout of 100% of the target number of PSUs is reflected in the “Target” column, and the maximum number of PSUs that can be earned under the applicable PSU award agreements is included in the “Maximum” column. Since the lowest payout possible under the PSU award agreements is 0%, the “Threshold” amount is set at zero. Under the 2024 Annual Bonus Program, our NEOs who received a portion of their 2024 annual bonus payment in common shares also received Liberty Global Class A and/or Liberty Global Class C RSUs equal to 12.5% of the gross number of shares earned under the 2024 Annual Bonus Program. The RSUs will vest on March 1, 2026, provided the NEO holds all of the shares issued in respect of the 2024 Annual Bonus Program through such period. The 2024 bonus award portion delivered in shares was valued using the closing prices of our Liberty Global Class A and Liberty Global Class C shares as of market close on March 8, 2025. In 2024, our compensation committee elected to settle the 2021 VIP awards in shares of the company. Such shares and the values on settlement date are reflected in the “All Other Stock Awards” and “Grant Date Fair Value of Stock & Options Awards” columns, respectively. Outstanding Equity Awards at Fiscal Year-End The table below sets forth certain information concerning options, SARs and restricted shares or RSUs held by our NEOs at year-end2024. The values reported in this table below represent the values of such outstanding equity awards after giving effect to the Spin-off.As a result of the Spin-off,which occurred on November 8, 2024, holders of Liberty Global shares received Sunrise shares as a dividend on Liberty Global shares. However, 48

holders of certain unvested or restricted equity-based compensation awards were not entitled to receive Sunrise shares or equivalent Sunrise equity awards, and therefore the value of those equity awards declined as a result of the Spin-off.Because the value of those unvested awards were diluted by the Spin-off,in accordance with the terms of the 2014 Incentive Plan and the 2023 Plan, those awards were adjusted to offset this