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Altice USA Inc

For the period ended Dec 31, 2024. Filed Feb 13, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 13, 2025

OPTU$0.75+32.1%Stored close · as of Nov 6, 2026

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Item 9B. Other Information

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 12, 2025, the Board of Directors of Altice USA, Inc. (the “Company”) approved the appointment of Michael Parker, the Company’s President of Consumer Services, to serve as an executive officer of the Company.

Mr. Parker, 58, has served as the President of Consumer Services of the Company since September 2024 and served as the President of Business Services of the Company from January 2024 to September 2024. Prior to joining the Company, Mr. Parker served in various roles with Comcast Corporation, a multinational telecommunications conglomerate, including as the Regional Senior Vice President Beltway Region from January 2021 through November 2023, the Senior Regional Vice President Keystone Region from June 2019 to January 2021 and the Regional Senior Vice President Western New England Region from September 2015 to June 2019. Mr. Parker received his Bachelor of Arts from Lake Forest College, his Juris Doctor from University of Miami School of Law and his Master of Business Administration from Northwestern University Kellogg School of Management.

Under Mr. Parker’s offer letter, he is an at will employee who will receive (i) an annual base salary of $550,000, (ii) an annual target bonus opportunity of 100% of base salary paid in a calendar year (increased to 150% effective January 1, 2025) and (iii) eligibility to participate in the Company’s annual long-term incentive program with an annual target award opportunity of $2,000,000 (increased to $2,250,000 effective January 1, 2025). If Mr. Parker’s employment with the Company is involuntarily terminated for reasons other than cause or failure to perform, subject to Mr. Parker’s execution of a separation agreement including a release of claims in favor of the Company, Mr. Parker will be eligible to receive severance under the Company’s severance policy or practice in effect at such time.

Other than as described above, there are no understandings or arrangements between Mr. Parker and any other person pursuant to which Mr. Parker was appointed to serve as the President of Consumer Services or as an executive officer of the Company. There are no existing relationships between Mr. Parker and any person that would require disclosure pursuant to Item 404(a) of Regulation S-K or any familial relationships that would require disclosure under Item 401(d) of Regulation S-K.

Rule 10b5-1 and Non-Rule 10b5-1 Trading Arrangements by Our Directors and Officers

During the annual period covered by this Annual Report, none of the Company’s directors or officers (as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended)adopted, terminated or modified Rule 10b5-1 or non-Rule 10b5-1 trading arrangements (as defined under Item 408 of Regulation S-K).

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