Company: LBTYK
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001193125-25-076819
Chunk: 37

Company: Liberty Global Ltd.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 37
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| 2024 Budget Achievement |     | Revenue                                           
 (35%Weighting)                                    |       |   |     | Adjusted        
 EBITDA less P&E 
 Additions for   
 Compensation    
 Purposes        
 (55%Weighting)  |       |   |     | Payout (% of        
 Weighted Portion of 
 Target Bonus        
 Amount) (1)         |       |   |
| Over-Performance        |     | ≥                                                 | 102.5 | % |     | ≥               | 110.0 | % |     |                     | 150.0 | % |
| On-Target Performance   |     |                                                   | 100.0 | % |     |                 | 100.0 | % |     |                     | 100.0 | % |
| Minimum Performance     |     |                                                   |  94.0 | % |     |                 |  89.5 | % |     |                     |  50.0 | % |

| (1) | Percentages shown represent the payout that would result if specified performance levels were achieved for Revenue and Adjusted EBITDA less P&E Additions for Compensation Purposes budget, with a minimum payout of 0% in revenue and Adjusted EBITDA less P&E Additions for Compensation Purposes if the minimum performance threshold is not met. Payout percentages for percentage achievement of revenue and Adjusted EBITDA less P&E Additions for Compensation Purposes budgets that fall in between these points would be determined by interpolation. |

Customer Metric. The customer metric under the 2024 Annual Bonus Plan was based on the achievement of certain customer and operational milestones by each of our operating companies, weighted by each operating company’s proportionate revenue. The customer and operational milestones vary by each operating company and include various key performance indicators, including metrics such as net promoter score, market share and comparative churn rates. The target for each such customer metric is set by the compensation committee and evaluated following the end of the applicable year. The maximum payouts for each operating company vary from 140% to 150%. After the end of the year, the compensation committee multiplies the ratio of the milestone achievement against the target and then multiplies it by the applicable operating company’s weighting. These resulting percentages are summed to calculate the combined payout percentage under the 2024 Annual Bonus Plan. 33

People Planet Progress Metric.The People Planet Progress metric uses six measurable goals linked to our PPP agenda that are set by the compensation committee