
	Three months ended September 30,				Nine months ended September 30,
	2026		2025		2026		2025
	in millions, except share amounts

Net earnings (loss)	$	547.7	$	(83.4)	$	548.1	$	(4,180.5)
Net earnings attributable to noncontrolling interests	(89.8)		(7.3)		(117.5)		(40.4)
Net earnings (loss) attributable to Liberty Global shareholders	$	457.9	$	(90.7)	$	430.6	$	(4,220.9)

Weighted average common shares outstanding (basic EPS computation)	338,047,245		339,726,508		337,956,166		344,354,828
Incremental shares (a)	9,071,255		—		12,578,982		—
Weighted average common shares outstanding (diluted EPS computation)	347,118,500		339,726,508		350,535,148		344,354,828

Excluded potentially dilutive employee share-based incentive awards (b)	103,874,145		153,333,863		82,117,974		153,333,863

(a)We use the treasury stock method to calculate the incremental shares attributable to the assumed exercise or release of the outstanding share-based incentive awards upon vesting. Certain of our share incentive plans include performance and/or other features that result in the associated shares being contingently issuable. For purposes of applying the treasury stock method, the dilutive effect of these awards is calculated based on the number of the shares that would be issuable as if the end of the reporting period was the end of the contingency period.

(b)Amounts represent potentially dilutive shares that have been excluded from the computation of diluted earnings (loss) attributable to Liberty Global shareholders because their effect would have been anti-dilutive under the treasury stock method. Additional shares may be issuable in future periods based on the actual performance of certain PSUs, because such awards had not yet met the applicable performance criteria during the reporting period.