Company: SABR
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001193125-25-053907
Chunk: 59

Company: Sabre Corp
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 59
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 units granted, depending on the degree to which we achieve our Free Cash Flow target for each of 2024, 2025, and 2026, subject to the TSR modifier described above.

| • |     | For 2024, the minimum, midpoint, and maximum Free Cash Flow levels were $(50) million, $14 million, and $100 million, respectively. |

| Sabre Corporation 2025 Proxy Statement |     | | |     | 65 |

| COMPENSATION DISCUSSION AND ANALYSIS |

| • |     | The midpoint of the Free Cash Flow level was consistent with our multi-year outlook as of February 2024 for internal planning purposes for our expected Free Cash Flow for each of 2024, 2025, and 2026. |

For these PSU awards, Free Cash Flow is defined as cash provided by (used in) operating activities reduced by cash used in additions to property and equipment. This calculation of Free Cash Flow is consistent with the calculation used for our external reporting. With respect to Free Cash Flow, however, the Compensation Committee determined to add back the cash utilized in November 2024 to successfully refinance our debt, consistent with the calculation of Free Cash Flow for the purposes of the 2024 EIP described above. See “Annual Incentive Compensation.” Appendix Bprovides additional information on Free Cash Flow, including a non-GAAPto GAAP reconciliation. In February 2025, the Compensation Committee determined that our Free Cash Flow for 2024, calculated as described in the preceding paragraph, was $5 million, resulting in a funding level of 100% with respect to the 2024 tranche of the PSU awards granted in 2024. As noted above, these PSUs will vest on May 15, 2027, subject to the named executive officer’s continued employment through this vesting date, and the final aggregate award is subject to the application of the TSR modifier over the three-year period as described above. The RSUs granted in May 2024 vest ratably on an annual basis over three years, subject to the named executive officer’s continued employment through the applicable vesting date. The Compensation Committee believes that the RSUs help further align our executive officers’ interest with those of our stockholders and encourage them to remain with Sabre through the multi-year vesting schedule. For additional information on these equity awards, see the “2024 Summary Compensation Table” and the “2024 Grants of Plan-Based Awards Table