Company: LBRDK
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001104659-25-029085
Chunk: 25

Company: Liberty Broadband Corp
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 25
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 by our independent directors, as a group, at an upcoming executive session may send its concern in writing addressed to Independent Directors of Liberty Broadband Corporation, c/o Liberty Broadband Corporation, 12300 Liberty Boulevard, Englewood, Colorado 80112. The current independent directors of our company are Gregg L. Engles, Julie D. Frist, Richard R. Green, Sue Ann R. Hamilton, J. David Wargo and John E. Welsh III.

| ​ | LIBERTY BROADBAND CORPORATION/29 | ​ |

TABLE OF CONTENTS Director Compensation Director Compensation NONEMPLOYEE DIRECTORS DIRECTOR FEES Each of our directors who is not an employee of, or service provider to, our company is paid an annual fee of $187,650 (which we refer to as the director fee ) for 2025 ($182,175 for 2024). Fees for service on our audit committee, compensation committee and nominating and corporate governance committee are the same for 2025 and 2024, with each member thereof receiving an additional annual fee of $15,000, $10,000 and $10,000, respectively, for his or her participation on each such committee, except that the chairperson of each such committee instead receives an additional annual fee of $25,000, $15,000 and $15,000, respectively, for his or her participation on that committee. The director fees and the fees for participation on committees are payable quarterly in arrears. In prior years, each director was permitted to elect to receive 50%, 75% or 100% of their director fee in restricted stock units ( RSUs ) or options to purchase LBRDK, which vested one year from the date of grant; however, in connection with our company’s entry into the Merger Agreement (as defined below), the director fee for 2025 will be paid solely in cash. MULTIYEAR CASH AWARD In August 2024, each of our directors who is not an employee of, or service provider to, our company was granted a multiyear cash award (the director Cash Award ) that vested 50% on December 11, 2024 and will vest 50% on December 11, 2025, subject to continued service as a member of our Board of Directors. EQUITY INCENTIVE PLAN As discussed below, awards granted to our nonemployee directors under the Liberty Broadband Corporation 2024 Omnibus Incentive Plan, as amended (the