
	Share-Based Compensation				Unrecognized Compensation Cost as of March 31, 2025
	Three Months Ended March 31,
	2025		2024

Awards issued pursuant to LTIP:
Stock option awards (a)	$	378	$	(1,688)	$	1,607
Performance stock units (a)	632		(1,730)		3,539
Restricted share units	9,728		9,752		72,329
Cash denominated performance awards	4,150		5,292		51,374
Other	561		2,131		—
	$	15,449	$	13,757	$	128,849


			Number of Units
Balance at December 31, 2024			30,146,503
Granted			16,440,486
Vested			(7,494,270)
Forfeited			(444,208)
Balance at March 31, 2025			38,648,511

The cash denominated performance awards cliff vest in three years. The payout of these awards can range from 0% to 200% of the target value based on our achievement of certain revenue and Adjusted EBITDA targets during a three year performance period. These awards will be settled in shares of our Class A common stock, or cash, at our option.

Options outstanding under the 2017 LTIP Plan either (i) cliff vest on the third anniversary of the date of grant, (ii) vest over three years in annual increments of 33-1/3%, or (iii) vest over four years, with 50% vesting on the second anniversary of the date of grant, 25% on the third anniversary of the date of grant and 25% on the fourth anniversary of the date of grant. The option awards generally are subject to continued employment with us, and expire ten years from the date of grant. Performance based option awards vest upon achievement of performance criteria. As of March 31, 2025, there were 17,134,751 options outstanding of which 15,321,068 were exercisable.

Certain of our employees were granted performance stock units ("PSUs"). Each PSU gives the employee the right to receive one share of Altice USA Class A common stock, upon achievement of a specified stock price hurdle. The PSUs will be forfeited if the applicable performance measure is not achieved prior to January 29, 2026 or if the

employee does not continue to provide services to us through the achievement date of the applicable performance measure. As of March 31, 2025 there were 2,723,552 PSUs outstanding.

As of March 31, 2025, 616,334 Class A-1 management incentive units and 297,277 Class A-2 management incentive units ("Award Units") granted to certain employees of Lightpath were outstanding. Vested units will be redeemed upon a partial exit, a change in control or the completion of an initial public offering, as defined in the Lightpath Holdings LLC agreement. The grant date fair value of the Award Units outstanding aggregated $32,180 and will be expensed in the period in which a partial exit or a liquidity event is consummated.