X0202 SCHEDULE 13G 0001985479 XXXXXXXX LIVE Series C Liberty Live Group common stock, par value $0.01 per share 12/15/2025 0002078416 Liberty Live Holdings, Inc. 530909308 12300 Liberty Blvd. Englewood CO 80112 Rule 13d-1(c) Linonia Partners Fund LP b DE 0 5871505 0 5871505 5871505 N 9.2 PN Please see note in Item 4(a). The Linonia Partnership LP b DE 0 5871505 0 5871505 5871505 N 9.2 IA PN Please see note in Item 4(a). The Linonia Partnership GP LLC b DE 0 5871505 0 5871505 5871505 N 9.2 OO Please see note in Item 4(a). Philip Uhde b X1 0 5871505 0 5871505 5871505 N 9.2 HC IN Please see note in Item 4(a). Liberty Live Holdings, Inc. 12300 Liberty Blvd. Englewood, Colorado 80112 Linonia Partners Fund LP* The Linonia Partnership LP* The Linonia Partnership GP LLC* Philip Uhde* 414 West 14th Street, 6th Floor New York, New York 10014 Linonia Partners Fund LP - Delaware The Linonia Partnership LP - Delaware The Linonia Partnership GP LLC - Delaware Philip Uhde - United States Y Linonia Partners Fund LP - 5,871,505* The Linonia Partnership LP - 5,871,505* The Linonia Partnership GP LLC - 5,871,505* Philip Uhde - 5,871,505* *The shares of Series C Liberty Live Group common stock, par value $0.01 per share (the "Shares"), of Liberty Live Holdings, Inc. (the "Issuer") reported herein are held by Linonia Partners Fund LP, a private investment fund (the "Fund"), for which The Linonia Partnership LP, a Delaware limited partnership, serves as investment manager (the "Investment Manager"). The Linonia Partnership GP LLC, a Delaware limited liability company, serves as general partner of the Investment Manager (the "General Partner"), and Philip Uhde serves as Principal of the Investment Manager and Managing Member of the General Partner. By virtue of these relationships, the Investment Manager, the General Partner and Mr. Uhde may be deemed to share voting and dispositive power with respect to the Shares held directly by the Fund. The Fund, the Investment Manager, the General Partner and Mr. Uhde are referred to herein collectively as the "Reporting Persons." On December 15, 2025, Liberty Media Corporation ("Liberty Media") completed a split-off of the Issuer (the "Split-Off"), pursuant to which each outstanding share of Liberty Media's Series C Liberty Live common stock was redeemed for one Share. Immediately prior to the Split-Off, the Reporting Persons beneficially owned 5,746,719 shares of Liberty Media's Series C Liberty Live common stock, representing approximately 9.0% of that class, and as a result of the Split-Off became the beneficial owners of an equal number of Shares of the Issuer. The Reporting Persons' beneficial ownership of Liberty Media's Series C Liberty Live common stock was previously reported on a Schedule 13G, as amended, filed with respect to Liberty Media. The information set forth in Item 4 is as of the date of this filing. The percentage set forth in Item 4(b) is based on 63,900,740 Shares outstanding as of July 31, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. This report shall not be deemed an admission that any Reporting Person is the beneficial owner of the Shares for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each Reporting Person disclaims beneficial ownership of the Shares except to the extent of its or his pecuniary interest therein, if any. Linonia Partners Fund LP - 9.2% The Linonia Partnership LP - 9.2% The Linonia Partnership GP LLC - 9.2% Philip Uhde - 9.2% Linonia Partners Fund LP - 0 The Linonia Partnership LP - 0 The Linonia Partnership GP LLC - 0 Philip Uhde - 0 Linonia Partners Fund LP - 5,871,505* The Linonia Partnership LP - 5,871,505* The Linonia Partnership GP LLC - 5,871,505* Philip Uhde - 5,871,505* Linonia Partners Fund LP - 0 The Linonia Partnership LP - 0 The Linonia Partnership GP LLC - 0 Philip Uhde - 0 Linonia Partners Fund LP - 5,871,505* The Linonia Partnership LP - 5,871,505* The Linonia Partnership GP LLC - 5,871,505* Philip Uhde - 5,871,505* Y N Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Exhibit I - JOINT FILING STATEMENT Linonia Partners Fund LP /s/ Philip Uhde 09/18/2026 The Linonia Partnership LP /s/ Philip Uhde 09/18/2026 The Linonia Partnership GP LLC /s/ Philip Uhde 09/18/2026 Philip Uhde /s/ Philip Uhde 09/18/2026