AppLovin — Nov 5, 2025 release

● Given our continued confidence in the Company's future, our board of directors has increased our share repurchase authorization by an incremental $3.2 billion, increasing our total remaining share repurchase authorization to $3.3 billion as of the end of October. Fourth Quarter 2025 Financial Guidance Summary: 2 (In millions, except percentages) 4Q25 Low High Revenue $1,570 $1,600 Adjusted EBITDA $1,290 $1,320 Adjusted EBITDA margin 82% 83% 1 Includes repurchased shares as well as withholdings upon net share settlement of vested equity awards. Total cost includes repurchase costs, including commissions and fees, as well as cash paid in connection with tax withholding and remittance obligations upon net share settlement. Future repurchases may be made from time to time through open market purchases or through privately negotiated transactions, subject to market conditions, applicable legal requirements, including surplus and solvency requirements, and other relevant factors. 2 We have not provided the forward-looking GAAP equivalents for forward-looking non-GAAP metrics, specifically Adjusted EBITDA and Adjusted EBITDA margin, or a GAAP reconciliation as a result of the uncertainty regarding, and the potential variability of, reconciling items such as stock-based compensation expense. Accordingly, a reconciliation of these non-GAAP guidance metrics to their corresponding GAAP equivalents is not available without unreasonable effort. However, it is important to note that material changes to reconciling items could have a significant effect on future GAAP results. We have provided h