Company: CCO
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001193125-25-077985
Chunk: 82

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 82
---
, Mr. Coleman received the following separation payments and benefits: (i) continued payment of his base salary for twelve months following such departure (with an aggregate value equal to $700,000), and (ii) payment of a pro-rataportion of his 2024 incentive bonus based on actual performance (with a value equal to $113,591). In the event that the Consulting Term was terminated on December 31, 2024 by Clear Channel Outdoor for any reason, subject to Mr. Coleman’s timely execution and non-revocationof a release of claims in a form satisfactory to Clear Channel Outdoor, Mr. Coleman would have received a lump sum cash payment equal to the aggregate consulting fee in respect of the portion of the Consulting Term that has not yet lapsed as of such termination date pursuant to the Coleman Consulting Agreement (valued at approximately $101,500). Further, in the event that the Consulting Term was terminated on December 31, 2024, Mr. Coleman would have received the acceleration treatment pursuant to the Coleman Consulting Agreement as set forth above (with an estimated acceleration value of such equity awards equal to an aggregate of $1,119,601, assuming the PSUs were earned at target). Executive Change in Control Severance Plan On August 5, 2024, the Compensation Committee adopted the Change in Control Severance Plan. The Change in Control Severance Plan will be administered by the Committee. The following NEOs participate in the Change in Control Severance Plan: Messrs. Wells, Sailer and Dilger, and Ms. Feldman. Messrs. Cochrane and Coleman do not participate in the Change in Control Severance Plan.

| 64  Notice and Proxy Statement 2025 |

The Change in Control Severance Plan provides certain severance pay and benefits to eligible executives participating in the Change in Control Severance Plan (including, but not limited to, the following NEOs: Messrs. Wells, Sailer, Feldman and Dilger) whose employment is terminated by the Company or any of its subsidiaries or affiliates without “cause” or due to a resignation by such participant for “good reason” (each as defined in the Change in Control Severance Plan, and each, a “Qualifying Termination”) during the 12-monthperiod following the consummation of a Change in Control (as defined in the Change in Control Severance Plan, and such 12-monthperiod, the “Change in Control Protection Period