Company: CCO
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001193125-25-077985
Chunk: 49

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 49
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 is used to determine the performance vesting percentage between threshold and maximum. Annual PSUs Granted in 2023 We granted PSUs to our NEOs on May 2, 2023 (the “2023 PSUs”). The performance period for the 2023 PSUs is in progress, and the payout of the 2023 PSUs will not be determinable until after the performance period is completed on March 31, 2026. Pursuant to the 2023 PSUs, each NEO is eligible to receive shares of Clear Channel Outdoor common stock ranging from 0% to 150% of target based on Clear Channel Outdoor’s achievement of a Relative TSR goal over the three year performance period from April 1, 2023 to March 31, 2026, based on the same performance goals as described for our 2024 Annual Grants of PSU awards. Annual PSUs Granted in 2022 We granted PSUs to our NEOs on May 4, 2022 (the “2022 PSUs”). The performance period for the 2022 PSUs was completed on March 31, 2025, however, the payout of the 2022 PSUs will not be determinable until performance is certified by the Compensation Committee (which is expected to occur in May 2025). Pursuant to the 2022 PSUs, each NEO is eligible to receive shares of Clear Channel Outdoor common stock ranging from 0% to 150% of target

| Notice and Proxy Statement 2025  45 |

based on Clear Channel Outdoor’s achievement of a Relative TSR goal over the three year performance period from April 1, 2022 to March 31, 2025, based on the performance goals as described below. Total Shareholder Return Relative to S&P 600 for 2022 PSUs

|                       |     | Performance Goal                     |     | Performance Vesting Percentage |
| Below Threshold Level |     | <30th Percentile relative to S&P 600 |     | 0%                             |
| Threshold Level       |     | 30th Percentile relative to S&P 600  |     | 50%                            |
| Target Level          |     | 60th Percentile relative to S&P 600  |     | 100%                           |
| Maximum Level         |     | 90th Percentile relative to S&P 600  |     | 150%                           |

PSUs Granted in