Company: CCO
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001193125-25-077985
Chunk: 89

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 89
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k) | Represents a cash payment equal to four times Mr. Cochrane’s annual base salary. |

| (l) | Represents an amount equal to (i) the product of (a) 1.0, multiplied by (b) the sum of (1) Mr. Dilger’s base salary at termination and (2) Mr. Dilger’s annual target bonus for the year ended December 31, 2024, plus (ii) a prorated portion of his annual target bonus for the year ended December 31, 2024, based on actual performance, in each case, pursuant to the Change in Control Severance Plan. |

| 68  Notice and Proxy Statement 2025 |

PAY VERSUS PERFORMANCE

The following table sets forth certain information with respect to Clear Channel Outdoor’s financial performance and the compensation actually paid to our principal executive officer (“PEO”) and the average compensation actually paid to our other NEOs for the years ended on December 31, 2024, 2023, 2022, 2021 and 2020.

| Year | Total       
 Shareholder 
 Return(d)   | Summary         
 Compensation    
 Table Total for 
 PEO(a)          |   |           |     | Current     
 Peer Group  
 Total       
 Shareholder 
 Return(d)   | Compensation     
 Actually Paid to 
 PEO(a)(b)        |    |            |    |     | Average         
 Summary         
 Compensation    
 Table Total for 
 Non-PEO         
 Named           
 Executive       
 Officers(c)     |   |           |     | Average        
 Compensation   
 Actually Paid  
 toNon-PEO      
 Named          
 Executive      
 Officers(b)(c) |    |           |    |     | Value of Initial Fixed $100 
 Investment Based On:        |   |     |     |   |     |     | Net Income 
 (Loss)(e)  |    |             |   |     | CCOH Plan 
 Adjusted  
 EBITDA(f) |   |             |
|:-----|:------------|:----------------|:--|----------:|:----|:------------|:-----------------|:---|-----------:|:---|:----|:----------------|:--|----------:|:----|:---------------|:---|----------:|:---|:----|:----------------------------|:--|----:|:----|:--|----:|:----|