Company: LBTYK
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001193125-25-076819
Chunk: 76

Company: Liberty Global Ltd.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 76
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 In addition, the Fries Agreement defines good reason to also include a reduction in Mr. Fries’ salary, target equity value for annual awards or in the amount of annual performance bonus awards he is eligible to earn, relocation of Mr. Fries primary office to a location that is not Greater London or metropolitan Denver, Colorado without Mr. Fries’ consent, material and adverse changes to Mr. Fries’ position, title, duties, authority reporting requirements or responsibilities, failure to re-nominateor re-electMr. Fries to serve on the executive committee of our board or removal from our board, ceasing to be a member of the executive committee, non-renewalof the Fries Agreement and a material breach of the Fries Agreement. Following a change-in-controlevent, good reason under the Fries Agreement also includes failure to increase Mr. Fries’ total target direct compensation such that it equals or exceeds the 75th percentile of chief executive officers at peer companies of the successor entity. For all NEOs, additional procedural requirements apply for a resignation to qualify as being for “good reason”. 62

The “Employment Terminated” columns assume that the executive’s employment is terminated as of December 31, 2024 without cause and include the incremental benefits that would result from such a termination under the employment agreements and the equity incentive plans as described under — Potential Payments upon Termination or Change in Control— Termination of Employmentabove. Change-In-Control

| Name                     
 Michael T. Fries         |     | Unapproved Control            
 Purchase /Board Change – Plan 
 Benefits Continued            
 Employment Terminated         |             |     | Employment Continues |            |     | Reorganization–Plan   
 Benefits Continued    
 Employment Terminated |            |     | Change in Control –  
 Plan Benefits Not    
 Continued            
 Employment Continues |            |
|:-------------------------|:----|:------------------------------|------------:|:----|:---------------------|-----------:|:----|:----------------------|-----------:|:----|:---------------------|-----------:|
| Options/SARs Accelerated |     | $                             |   9,878,429 |     | $                    |  9,878,429 |     | $                     |  9,878,429 |     | $                    |  9,878,429 |
| 2022 RSUs                |     |                               |           — |     |                      |          — |     |                       |          — |     |