Company: LBTYK
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001193125-25-076819
Chunk: 36

Company: Liberty Global Ltd.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 36
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| ◾ |     | achievement by our operating companies of certain customer-focused performance indicators during the year (5%); and |

| ◾ |     | achievement of six specific quantitative and qualitative People Planet Progress (PPP) priority objectives during the year (5%). |

| • |     | Over-performance against a budgeted target could result in a payout of up to 150% of the target bonus amount, depending on the level of achievement of these company financial and non-financial metrics (except the PPP metric which was capped at 100%). |

| • |     | Individual performance is reviewed by the compensation committee, which could reduce or increase the total 2024 annual bonus from 0% to a maximum of 150% of the total company performance payout (or up to a maximum of 221.25% of the participant’s target bonus). |

The same general design was also implemented with similar performance metrics and weightings for the 2024 bonus programs for approximately 1,200 employees in our central offices in the U.K., the U.S. and the Netherlands. In the 2024 Annual Bonus Program, “Revenue” is defined as total Liberty Global proportionate revenues, except at Sunrise, where Revenue is defined as total revenues minus B2C mobile handset revenue, and except at VodafoneZiggo, where Revenue is defined as total revenues minus device-only mobile handset revenue (B2C and B2B). We define “ Adjusted EBITDA less P&E Additions for Compensation Purposes” as our Adjusted EBITDA less property and equipment additions, except at VodafoneZiggo JV, where it is defined as Adjusted EBITDA less property and equipment additions, including changes in working capital less restructuring cash paid, and except at VMO2 JV, where it is defined as Adjusted EBITDA less property and equipment additions excluding right-of-use(ROU) asset additions, on a proportionate basis, including our non-consolidatedjoint ventures. Such amount differs from the Adjusted EBITDA less P&E Additions that we disclosed in our fourth quarter earnings release (filed with the SEC on February 18, 2025), which is calculated on a consolidated basis and omits amounts attributed to our U.K. and Dutch businesses. Payout Calculation Methodology: Financial

|                         |     | Potential Payout % re: Achievement of 2024 Budget |       |   |     |                 |       |   |     |                     |       |