Clear Channel Outdoor amends Feldman employment: $750K salary, $1.4M equity target, term thru July 2028

Clear Channel Outdoor Holdings, Inc.

Second amended employment agreement with EVP/Chief Legal and Admin Officer Lynn Feldman effective Aug 1, 2025.
Base salary increased to $750,000 (retroactive to June 1, 2025); annual bonus target 100% of base.
Annual equity incentive target $1.4M (minimum $300K grant value); term ends July 31, 2028 with auto-renewal.
Severance includes 12-month base salary continuation and accelerated vesting of equity awards under certain terminations.
Non-compete and non-solicitation covenants for 12 months post-employment; confidentiality survives indefinitely.

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