Company: SABR
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001193125-25-053907
Chunk: 55

Company: Sabre Corp
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 55
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 EBITDA was defined as loss from continuing operations adjusted for depreciation and amortization of property and equipment, amortization of capitalized implementation costs, acquisition-related amortization, impairment and related

| 62 |     | | |     | Sabre Corporation 2025 Proxy Statement |

| COMPENSATION DISCUSSION AND ANALYSIS |

charges, restructuring and other costs, interest expense, net, other, net, loss on extinguishment of debt, net, acquisition-related costs, litigation costs, net, indirect tax matters, stock-based compensation, and the (benefit) provision for income taxes. For our 2024 EIP, Free Cash Flow was defined as cash provided by (used in) operating activities reduced by cash used in additions to property and equipment. These calculations of Adjusted EBITDA and Free Cash Flow are consistent with the calculations used for our external reporting. With respect to Free Cash Flow, the Compensation Committee determined to add back $19 million paid for debt modification costs associated with debt refinancing activities executed in November 2024 that took advantage of favorable market conditions to extend certain of our debt maturities. The Compensation Committee determined to make this adjustment after considering the nature of the refinancing and the Board of Directors’ goal to continue to incentivize management to proactively and effectively manage our upcoming debt maturities. The Compensation Committee also noted that the refinancing was classified as a debt modification under a technical application of GAAP, impacting Free Cash Flow, and that similar costs related to recent prior refinancing activities were classified differently under GAAP requirements and did not impact Free Cash Flow. The following tables illustrate information regarding the 2024 EIP Adjusted EBITDA performance measure and the Free Cash Flow modifier, calculated as described in the preceding paragraph (amounts in millions).

| Performance Metric      |     | Threshold Goal 
 (50%)          |   |     |     | Target Goal  
 (100%)       |     |           |     | Maximum Goal      
 (150%)            |   |      |     | Result |   |     |
|:------------------------|:----|:---------------|:--|----:|:----|:-------------|:----|----------:|:----|:------------------|:--|-----:|:----|:-------|:--|----:|
| 2024 Adjusted EBITDA(1) |     |                | $ | 475 |     |              |     |      $500 |     |                   | $ |