Customer Base and Market Presence - As of March 31, 2022, the company served 4,125,800 fixed-line customers and 5,725,400 mobile subscribers, with networks passing 7,493,200 homes[202]. - The company has a 50% noncontrolling interest in the VMO2 joint venture, which provides residential and B2B communications services in the U.K.[199]. Financial Performance - Consolidated Adjusted EBITDA for the three months ended March 31, 2022, was $684.3 million, a decrease of 48.0% from $1,316.2 million in the same period of 2021[212]. - Earnings from continuing operations for the three months ended March 31, 2022, were $1,075.7 million, down 24.3% from $1,422.7 million in the prior year[212]. - Total revenue for the three months ended March 31, 2022, was $3,499.9 million, a decrease of $1,646.6 million or 47.0% compared to the same period in 2021[215]. - The company recognized net earnings of $318.1 million for the three months ended March 31, 2022, compared to $1,422.7 million in the same period of 2021[265][268]. Foreign Exchange Impact - The company experienced significant foreign currency transaction losses of $575.0 million for the three months ended March 31, 2022, compared to losses of $303.8 million in the same period of 2021[212]. - Approximately 32.3% of reported revenue during the three months ended March 31, 2022, was derived from subsidiaries with functional currencies in euros, and 25.6% from Swiss francs, highlighting significant foreign exchange exposure[207]. - The impact of foreign exchange (FX) on total revenue was a decrease of $17.4 million, contributing to the overall revenue decline[218]. Revenue Breakdown - Switzerland's revenue decreased by $20.4 million or 2.4%, with a total of $841.8 million, driven by a decline in residential fixed subscription revenue[218]. - Belgium's revenue decreased by $48.3 million or 6.3%, totaling $772.7 million, primarily due to a drop in residential fixed subscription revenue[222]. - Ireland's revenue decreased by $8.3 million or 6.1%, totaling $136.1 million, impacted by a decline in residential fixed subscription revenue[224]. - Total residential revenue decreased by $1,472.1 million or 53.6%, with a significant impact from acquisitions and dispositions amounting to $1,395.1 million[232]. Cost Management - Programming and other direct costs of services decreased by $542.6 million or 50.3%, including a $528.5 million decrease due to the U.K. JV Transaction[239]. - Other operating expenses decreased by $234.6 million or 46.2%, with total other operating expenses excluding share-based compensation at $272.9 million[242]. - SG&A expenses (excluding share-based compensation) decreased by $237.5 million or 39.8% during the three months ended March 31, 2022, with an organic decrease of $5.5 million or 1.5%[248]. Cash Flow and Investments - Cash and cash equivalents totaled $843.4 million as of March 31, 2022, with $610.4 million held by Liberty Global and unrestricted subsidiaries[275]. - Net cash provided by operating activities decreased to $605.6 million in Q1 2022 from $771.3 million in Q1 2021, a decline of $165.7 million[294]. - The net cash used in investing activities decreased significantly from $496.2 million in Q1 2021 to $39.4 million in Q1 2022, primarily due to higher cash received from the sale of investments[294]. Debt and Financing - As of March 31, 2022, the consolidated debt and finance lease obligations totaled $14.7 billion, with $0.8 billion classified as current and $13.5 billion due after 2028[290]. - The company aims to maintain a consolidated debt balance between four and five times its consolidated adjusted EBITDA, which was $1,395.3 million for the three months ended March 31, 2022[288]. - The company anticipates refinancing or extending debt maturities as maturing debt increases in later years, with potential risks from political and economic conditions[291]. Operational Challenges - The competitive environment has adversely impacted the company's revenue and average revenue per user (ARPU) across all markets[203]. - The ongoing COVID-19 pandemic has had a relatively minimal impact on the company's demand for products and services during the first quarter of 2022[204]. - The company is focused on managing rapid technological changes and maintaining customer service satisfaction amid evolving product offerings[196].

Customer Base and Market Presence - As of December 31, 2021, the company served 4,129,700 fixed-line customers and 5,689,900 mobile subscribers, with networks passing 7,477,100 homes[276]. - The company aims to achieve organic revenue growth by enhancing bundled services and increasing penetration of broadband internet, digital video, and mobile services[282]. - The company is focused on building national fixed-mobile converged communications businesses to drive future growth[281]. - The company’s B2B services encompass voice, broadband internet, data, video, wireless, and cloud services, indicating a diverse service portfolio[280]. Financial Performance - The company reported earnings from continuing operations of $13,527.5 million for the year ended December 31, 2021, compared to a loss of $1,525.1 million in 2020[296]. - Adjusted EBITDA for 2021 was $3,963.1 million, down from $4,703.5 million in 2020, reflecting a decrease of approximately 15.7%[296]. - Total revenue for 2021 was $10,311.3 million, a decrease of $1,234.1 million (10.7%) compared to 2020[299]. - The overall organic increase in total revenue across segments was $110.0 million (1.1%) despite significant declines in certain regions[299]. - The company reported earnings from discontinued operations of $82.6 million in 2021, compared to $58.4 million in 2020[380]. Regional Revenue Insights - In Switzerland, subscription revenue decreased by $40.6 million due to a decline in the average number of customers and ARPU, while total revenue increased by $1,748.1 million, largely driven by acquisitions[303]. - Belgium's total revenue increased by $125.0 million (4.3%) in 2021, with a notable organic increase of $21.7 million (0.7%) attributed to higher B2B revenue[306]. - The U.K. experienced a significant revenue decline of $3,340.5 million (55.0%), primarily due to the impact of dispositions and a decrease in ARPU[310]. - Ireland's total revenue increased by $36.3 million (7.1%), with a notable organic increase of $18.2 million (3.5%) driven by higher broadcasting revenue[312]. Cost and Expense Management - Programming and other direct costs of services decreased by $303.0 million or 9.1% in 2021, with an organic increase of $14.9 million or 0.5%[333]. - Other operating expenses (excluding share-based compensation) decreased by $240.8 million or 14.1% in 2021 compared to 2020, with an organic increase of $46.9 million or 3.4%[338]. - Personnel costs increased by $27.7 million or 5.3%, driven by higher staffing levels in Switzerland and the U.K., and higher average costs per employee[339]. - SG&A expenses (excluding share-based compensation) rose by $50.1 million or 2.8% in 2021, with an organic increase of $94.7 million or 5.6%[343]. Foreign Exchange and Currency Impact - The company experienced significant foreign currency exchange impacts, with 55.2% of revenue derived from euro-denominated operations and 43.7% from Swiss franc operations[288]. - The impact of foreign exchange contributed an additional $31.2 million to revenue in Switzerland and $80.8 million in Belgium, highlighting the importance of currency fluctuations[303][306]. - Approximately 55.2% of reported revenue for the three months ended December 31, 2021, was derived from subsidiaries with functional currencies in euros, and 43.7% from Swiss francs, highlighting significant foreign exchange exposure[288]. Acquisitions and Transactions - The Sunrise Acquisition and U.K. JV Transaction significantly impacted the comparability of 2021 and 2020 results[286]. - The company completed significant acquisitions, including the Sunrise Acquisition on November 11, 2020, and the U.K. JV Transaction on June 1, 2021, impacting comparability of results[286]. Debt and Liquidity - The outstanding principal amount of consolidated debt and finance lease obligations was $14.9 billion as of December 31, 2021, with $0.9 billion classified as current[401]. - Liberty Global's liquidity at the corporate level included $2,801.3 million in investments held under SMAs as of December 31, 2021[387]. - The company anticipates no adverse impact on corporate liquidity from tax considerations over the next 12 months[390]. - The company’s liquidity is dependent on the capital resources of its subsidiaries, which may restrict access to liquidity due to various factors[383]. Future Outlook and Challenges - The company is subject to competitive pressures that have adversely affected revenue and average revenue per user (ARPU) across all markets[284]. - The company is subject to inflationary pressures and foreign currency exchange risks, which could impact operating margins if costs cannot be passed on to subscribers[294]. - The company anticipates potential future impairment charges if equity values decline or if adverse economic conditions impact operations[353].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35961 Liberty Global plc (Exact name of Registrant as specified in its charter) England and Wales 98-1112770 (State or other jurisdicti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35961 Liberty Global plc (Exact name of Registrant as specified in its charter) England and Wales 98-1112770 (State or other jurisdiction of ...

PART I — FINANCIAL INFORMATION [ITEM 1. FINANCIAL STATEMENTS](index=4&type=section&id=ITEM%201.%20FINANCIAL%20STATEMENTS) Presents Liberty Global's unaudited condensed consolidated financial statements for Q1 2021, including balance sheets, operations, cash flows, and detailed notes [Condensed Consolidated Balance Sheets](index=4&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Total assets decreased to **$57.4 billion**, liabilities to **$44.0 billion**, with significant portions held for sale Condensed Consolidated Balance Sheet Summary (in millions) | Balance Sheet Item | March 31, 2021 (in millions) | December 31, 2020 (in millions) | | :--- | :--- | :--- | | **Total Assets** | **$57,447.4** | **$59,092.7** | | Total Current Assets | $4,116.5 | $4,849.1 | | Assets held for sale | $24,954.4 | $24,282.7 | | **Total Liabilities** | **$43,959.3** | **$45,794.3** | | Total Current Liabilities | $4,147.8 | $4,467.0 | | Liabilities associated with assets held for sale | $23,202.3 | $23,197.2 | | **Total Equity** | **$13,488.1** | **$13,298.4** | [Condensed Consolidated Statements of Operations](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) Q1 2021 revenue increased to **$3.62 billion**, operating income to **$625.3 million**, and net earnings to **$1.39 billion** Q1 2021 vs Q1 2020 Statement of Operations (in millions, except per share data) | Metric | Q1 2021 (in millions) | Q1 2020 (in millions) | | :--- | :--- | :--- | | Revenue | $3,615.3 | $2,875.8 | | Operating Income | $625.3 | $280.6 | | Earnings before income taxes | $1,610.8 | $1,097.8 | | Net earnings attributable to Liberty Global shareholders | $1,385.4 | $949.8 | | Diluted EPS | $2.37 | $1.50 | [Condensed Consolidated Statements of Cash Flows](index=11&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash from operations increased to **$821.2 million**, investing activities used **$509.4 million**, resulting in a **$434.2 million** net cash decrease Q1 2021 vs Q1 2020 Cash Flow Summary (in millions) | Cash Flow Category | Q1 2021 (in millions) | Q1 2020 (in millions) | | :--- | :--- | :--- | | Net cash provided by operating activities | $821.2 | $449.8 | | Net cash used by investing activities | $(509.4) | $(2,349.2) | | Net cash used by financing activities | $(699.7) | $(783.2) | | **Net decrease in cash and cash equivalents** | **$(434.2)** | **$(2,698.8)** | [Notes to Condensed Consolidated Financial Statements](index=13&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Detailed notes explain financial statements, covering European operations, Sunrise acquisition, U.K. JV held for sale, investments, derivatives, debt, and segment reporting - The company's operations are primarily residential and B2B communication services in the U.K., Ireland, Belgium, Switzerland, Poland, and Slovakia. It also holds a **50% interest** in the VodafoneZiggo JV in the Netherlands[29](index=29&type=chunk) - Effective May 7, 2020, the company began accounting for its U.K. operations (U.K. JV Entities) as held for sale in connection with the pending 50:50 joint venture with Telefónica[30](index=30&type=chunk)[46](index=46&type=chunk) - On November 11, 2020, the company completed the acquisition of Sunrise Communications Group AG for a total purchase price of **CHF 5.0 billion ($5.4 billion)**[43](index=43&type=chunk) - The company uses derivative instruments extensively to manage risks related to interest rates and foreign currency movements on its debt[66](index=66&type=chunk) [MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (MD&A)](index=48&type=section&id=ITEM%202.%20MANAGEMENT%27S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATIONS%20%28MD%26A%29) Management discusses Q1 2021 financial performance, focusing on Sunrise acquisition impact, segment revenue, Adjusted EBITDA, liquidity, and capitalization strategy [Overview](index=50&type=section&id=Overview) Liberty Global provides broadband, video, telephony, and mobile services across Europe, serving millions of customers and expanding its network - As of March 31, 2021, consolidated operations passed **26,461,000 homes**, serving **11,341,700 fixed-line customers** and **8,622,000 mobile subscribers**[200](index=200&type=chunk) - The company's Network Extensions program connected approximately **113,000 additional premises** in Q1 2021, with **80,000 of those in the U.K. and Ireland**[201](index=201&type=chunk) - The impact of the COVID-19 pandemic on the company's operations was relatively minimal during Q1 2021, with strong demand for products and services continuing[203](index=203&type=chunk) [Material Changes in Results of Operations](index=50&type=section&id=Material%20Changes%20in%20Results%20of%20Operations) Consolidated revenue increased **25.7%** to **$3.6 billion**, Adjusted EBITDA rose **18.9%** to **$1.37 billion**, with varied organic performance Consolidated Revenue by Segment (in millions) | Segment | Q1 2021 Revenue (in millions) | YoY Change | Organic YoY Change | | :--- | :--- | :--- | :--- | | U.K./Ireland | $1,770.7 | +9.3% | +1.4% | | Belgium | $772.7 | +7.6% | -1.3% | | Switzerland | $841.8 | +165.7% | -5.3% | | Central and Eastern Europe | $128.6 | +8.0% | +3.2% | | **Total** | **$3,615.3** | **+25.7%** | **-0.2%** | Consolidated Adjusted EBITDA by Segment (in millions) | Segment | Q1 2021 Adj. EBITDA (in millions) | YoY Change | Organic YoY Change | | :--- | :--- | :--- | :--- | | U.K./Ireland | $692.6 | +5.7% | -1.9% | | Belgium | $371.8 | +12.1% | +3.2% | | Switzerland | $281.6 | +110.0% | -12.9% | | Central and Eastern Europe | $57.0 | +5.0% | +0.3% | | **Total** | **$1,367.3** | **+18.9%** | **-1.9%** | - Depreciation and amortization expense decreased by **$191.6 million (24.5%)** on an organic basis, primarily due to ceasing depreciation on U.K. JV Entities' assets after they were classified as held-for-sale[254](index=254&type=chunk) - The company recorded net realized and unrealized gains on derivative instruments of **$811.1 million** in Q1 2021, compared to **$1,237.3 million** in Q1 2020[262](index=262&type=chunk) [Material Changes in Financial Condition](index=67&type=section&id=Material%20Changes%20in%20Financial%20Condition) Liberty Global had **$928.7 million** in cash, **$2.6 billion** in corporate liquidity, **$14.4 billion** in total debt, and positive Adjusted Free Cash Flow of **$93.1 million** - At March 31, 2021, available liquidity at the corporate level (Liberty Global and unrestricted subsidiaries) was **$650.4 million** in cash plus **$1,961.2 million** in investments held under SMAs[283](index=283&type=chunk)[284](index=284&type=chunk) - The company's capitalization strategy targets a consolidated debt level of **four to five times** consolidated Adjusted EBITDA[295](index=295&type=chunk) - Total outstanding principal debt plus finance lease obligations was **$14.4 billion** at quarter-end, with **$12.8 billion** not due until 2027 or later[297](index=297&type=chunk) Adjusted Free Cash Flow (in millions) | Period | Q1 2021 (in millions) | Q1 2020 (in millions) | | :--- | :--- | :--- | | Net cash provided by operating activities | $821.2 | $449.8 | | Capital expenditures, net | $(475.8) | $(347.8) | | **Adjusted free cash flow** | **$93.1** | **$(317.0)** | [QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK](index=69&type=section&id=ITEM%203.%20QUANTITATIVE%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK) The company manages market risks from foreign currency and interest rates using derivatives, with **$9.5 billion** in variable-rate debt, and is preparing for the LIBOR transition - The company is exposed to foreign currency risk as its debt is often denominated in a currency different from the functional currency of the supporting operations. This risk is managed using derivative instruments[314](index=314&type=chunk) - At March 31, 2021, the company had **$9.5 billion** in variable-rate debt. A hypothetical **50 basis point (0.50%)** increase in the variable interest rate would increase annual interest expense by **$47.5 million**, before the effects of hedging[320](index=320&type=chunk)[321](index=321&type=chunk) - The company is actively managing the transition from LIBOR to alternative reference rates, noting that its loan documents have fallback provisions and it is adhering to ISDA protocols for its derivatives[318](index=318&type=chunk)[319](index=319&type=chunk) [CONTROLS AND PROCEDURES](index=72&type=section&id=ITEM%204.%20CONTROLS%20AND%20PROCEDURES) Management concluded that disclosure controls and procedures were effective as of March 31, 2021, with no material changes to internal controls - Based on an evaluation as of March 31, 2021, the CEO and CFO concluded that the company's disclosure controls and procedures are **effective at a reasonable assurance level**[326](index=326&type=chunk) - There were **no changes in internal controls over financial reporting** during the quarter that have materially affected, or are reasonably likely to materially affect, these controls[327](index=327&type=chunk) PART II — OTHER INFORMATION [LEGAL PROCEEDINGS](index=73&type=section&id=ITEM%201.%20LEGAL%20PROCEEDINGS) The company and its subsidiaries are involved in various legal proceedings in the normal course of business, with details in Note 15 - The company is involved in various legal proceedings arising from normal business operations. Detailed information is provided in **Note 15 to the financial statements**[329](index=329&type=chunk) [UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS](index=73&type=section&id=ITEM%202.%20UNREGISTERED%20SALES%20OF%20EQUITY%20SECURITIES%20AND%20USE%20OF%20PROCEEDS) During Q1 2021, Liberty Global repurchased **$323.4 million** of Class A and Class C shares, with **$678.4 million** remaining authorized Issuer Purchases of Equity Securities (Q1 2021) | Share Class | Total Shares Purchased | Average Price Paid per Share ($) | | :--- | :--- | :--- | | Class A | 666,600 | $24.43 | | Class C | 12,211,300 | $25.15 | - As of March 31, 2021, the remaining authorized amount for share repurchases was **$678.4 million**[331](index=331&type=chunk) [EXHIBITS](index=74&type=section&id=ITEM%206.%20EXHIBITS) This section lists exhibits filed with the Form 10-Q, including credit agreements, CEO/CFO certifications, and interactive data files - Exhibits filed include several Additional Facility Accession Agreements for UPC Financing Partnership and UPC Broadband Holding B.V[333](index=333&type=chunk) - **Certifications from the President and CEO (Michael T. Fries) and the Executive Vice President and CFO (Charles H.R. Bracken) are included as exhibits 31.1 and 31.2**[333](index=333&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35961 https://file Liberty Global plc (Exact name of Registrant as specified in its charter) England and Wales 98-1112770 (State or other jurisd ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35961 Liberty Global plc (Exact name of Registrant as specified in its charter) England and Wales 98-1112770 (State or other jurisdicti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35961 Liberty Global plc (Exact name of Registrant as specified in its charter) England and Wales 98-1112770 (State or other jurisdiction of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35961 Liberty Global plc (Exact name of Registrant as specified in its charter) England and Wales 98-1112770 161 Hammersmith Rd London Unit ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35961 Liberty Global plc (Exact name of Registrant as specified in its charter) England and Wales 98-1112770 (State or other jurisdiction of incorp ...