Michael Rapino

President and CEO at Live Nation Entertainment

Board

Since August 2005

Age

59 years

Tenure

Has worked for Live Nation Entertainment or its predecessors since 1999, serving on the board of directors since December 2005 and as President and CEO since August 2005.

Other Roles

Director at Sirius XM Holdings Inc.

Also at Live Nation Entertainment

Arthur Fogel

Chairman of Global Music and President of Global Touring

Bob Roux

President of U.S. Concerts

Brian Capo

Senior Vice President and Chief Accounting Officer

About

At 59 years old , the executive has made a significant impact in the live entertainment industry. Although details about the educational background are not provided, his reputation for strategic vision and leadership has been widely acknowledged.

He began his journey with the company in 1999 and advanced rapidly through the ranks. He assumed the role of President and CEO in August 2005 and later joined the board of directors in December 2005 , demonstrating a strong commitment to the company's growth and governance.

Throughout his tenure, his leadership has steered the organization through various global challenges while driving transformative growth. His role in shaping the company's strategy, coupled with notable employment agreements, reflects a deep involvement in setting financial and operational benchmarks.

Moreover, his influence extends beyond Live Nation, as evidenced by his board membership at Sirius XM Holdings Inc. since 2018, highlighting a broader impact on the entertainment and media sectors.

$LYV Performance Under Michael Rapino

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$3,000,000	Annual	Fixed base salary per employment agreement
Medical Benefits	$180,000	Upon termination without cause or resignation with good reason	Calculated as $5,000 per month for up to 36 months
Signing Bonus	$6,000,000	One-time (received in July 2022)	Granted as part of the Rapino 2022 Agreement; no additional signing bonus for 2023

Performance Compensation

Data from FY 2023

Annual Cash Performance Bonus

Metric [Details]	Value	Additional Details
Performance Metric	Adjusted Operating Income (AOI)
Target AOI	$1,510 million
Threshold Bonus at 90% AOI	$15.3 million
Target Bonus at 100% AOI	$17.0 million
Maximum Bonus at 110% AOI	$18.7 million	Achieved due to 120% of target on a pro-forma, constant-currency basis in 2023
Evaluation Period	2023	Bonus determined and awarded in February 2024

Performance-Based Equity Awards

Metric [Details]	Value	Additional Details
Performance Metric	Qualitative Goals	Targets include diversity, leadership development, and regulatory affairs
Target Award Value	$10 million
Actual Goal Achievement	96%	Determined by the Compensation Committee
Award Issued	103,941 shares	Restricted common stock valued at $9,600,000
Vesting Schedule	50% at issuance, 50% on first anniversary
Grant Date	February 28, 2024
Grant Date Fair Value	$9,600,000	Based on the average closing price for the ten trading days preceding issuance