Company: LBTYK
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001193125-25-076819
Chunk: 33

Company: Liberty Global Ltd.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 33
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’s compensation for 2024 was heavily weighted in equity incentive compensation. We consistently use multi-year equity incentive awards as the largest component of our executive compensation program to aid in executive retention and foster closer alignment of our executives’ and shareholders’ interests. The compensation committee strives to create compensation programs where the majority of each NEO’s total direct compensation (that is, base salary plus target annual performance bonus award plus annual equity awards) is comprised of the target value of each such NEO’s multi-year equity incentive awards. 30

Elements of Our Compensation Packages The implementation of our compensation philosophy and goals includes awarding the NEOs a base salary, an annual performance bonus and a multi-year incentive grant. These elements are described below more generally and for 2024 specifically.

| Compensation Element |     | Salary and Benefits                                                                                                                 |     | Annual Bonus                                                                                                                                  |     | Long-Term Incentive Plans                                                                                                                                                   |
| Program              |     | Cash salary and market-based benefits                                                                                               |     | Annual bonus paid in cash and/or shares                                                                                                       |     | Awards of PSUs, SARs, VIP units and RSUs with multi-year cliff or installment vesting that are generally expected to be settled in shares                                   |
| Key Features         |     | Salary paid in local currency where executive is located, and benefits are provided depending on local customs and market practices |     | Uses pre-set quantitative financial and operational performance metrics and guides to individual and company performance                      |     | Short- and long-term alignment to shareholder interests, with incentive to seek sustainable appreciation of our stock price across each of the company’s business platforms |
| Value                |     | Based upon individual performance, market-driven and dependent in part on executive’s location                                      |     | Primarily dependent on company-wide performance with incentives for individual over-performance and reduction potential for under-performance |     | Value of awards to NEOs driven primarily by company share price performance improvement and Liberty Growth portfolio accretion                                              |
| Risk Profile         |     | Fixed                                                                                                                               |     | Variable short-term, performance-based                                                                                                        |     | Variable long-term and performance-based incentives                                                                                                                         |

Base Salary General. Base salaries are fixed and are an economic consideration for each executive’s level of responsibility, expertise, skills, knowledge, experience and value to the company. Generally, increases in base salaries are based on increased responsibilities, company-wide budgets and increases in the cost of living. Salary amounts take into account multiple factors such as our ability to attract and retain qualified and experienced candidates, market comparisons, location, exchange