Transaction Details

Footnotes

On December 15, 2025, Liberty Media Corporation (the "Issuer") redeemed (the "Redemption") each share of its Series A Liberty Live common stock, Series B Liberty Live common stock and Series C Liberty Live common stock for one share of the corresponding series of Liberty Live Group common stock of Liberty Live Holdings, Inc. ("Liberty Live Holdings"). | On December 12, 2025, the reporting person transferred 454 shares of Series C Liberty Live common stock to Hilltop Investments III, LLC, which is wholly owned by the reporting person and his spouse. | The reporting person disclaims beneficial ownership of these shares. | In connection with the Redemption, all option awards held by the reporting person with respect to the Issuer's Liberty Live common stock (each, a "Live Award") were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the Live Awards were granted, such that each Live Award was exchanged for an option to purchase an equivalent number of shares of the corresponding series of Liberty Live Group common stock of Liberty Live Holdings. | This option award vests in five substantially equal installments on December 3, 2026, 2027, 2028, 2029 and 2030.