Company: LBTYK
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001193125-25-076819
Chunk: 43

Company: Liberty Global Ltd.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 43
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 our capital stock through our SHIP program. Messrs. Hall and Rodriguez previously elected to participate in the SHIP program with respect to a certain percentage of their annual bonus awards, and such amount was paid in shares of the company stock. Mr. Hall also elected to participate in our deferred compensation plan with respect to the cash amount that he would receive. The number of common shares actually granted were based on each executive’s SHIP election, the amount of above-target annual performance bonus earned (including any additional payout for individual performance) and the closing prices of our Liberty Global Class A and Liberty Global Class C shares on the date that such NEO’s bonus amount was paid. All common shares granted as part of the 2024 Annual Bonus payout were treated as SHIP election shares and, accordingly, each NEO received a grant of “premium” RSUs for the number of shares representing 12.5% of the shares issued to him in the 2024 Annual Bonus Program, which RSUs will vest on March 1, 2026 if the NEO meets the holding requirements under the SHIP. 36

The amounts paid to our NEOs under the 2024 Annual Bonus Program in shares are reflected in the Summary Compensation Table below under the “Stock Awards” column, and the amounts paid in cash are reflected in the “Non-EquityIncentive Plan Compensation” and “Bonus” columns. Long-Term Incentive Awards General. Our multi-year, conventional and performance-based long-term equity incentive awards have historically represented a majority of our executives’ compensation. These awards align our executives’ interests with those of our shareholders and encourage retention through vesting requirements and forfeiture provisions. Each year, the compensation committee sets an individualized target annual long-term incentive value for each of our NEOs. During 2024, PSUs, RSUs and SARs utilized in the company’s long-term incentive awards were issued in common shares of the company at a ratio of one-halfLiberty Global Class A and one-halfLiberty Global Class C shares. The PSUs, RSUs and SARs are subject to forfeiture or acceleration in connection with certain termination of employment or change-in-controlevents, and are subject to stated time vesting or performance vesting, as determined by the compensation committee for the particular grant year. The SARs have a standard term of ten years before expiration. In adopting its general approach to equity incentive compensation, the compensation committee determined to reduce certain risks tied to incentive compensation by:s:

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