Match Group — May 8, 2025 release

The dividend is payable on July 18, 2025 to stockholders of record as of July 3, 2025. Financial Outlook For Q2 2025, Match Group expects: • Total Revenue of $850 to $860 million, down 2% to flat Y/Y. • Adjusted Operating Income of $295 to $300 million, down 4% to down 2% Y/Y. • Adjusted Operating Income Margin of approximately 35% at the midpoints of the ranges. 3 Financial Results Consolidated Operating Costs and Expenses Three Months Ended March 31, (Dollars in thousands) 2025 % of Revenue 2024 % of Revenue Y/Y Change Cost of revenue $ 236,908  29% $ 256,742  30% (8) % Selling and marketing expense 157,096  19% 165,301  19% (5) % General and administrative expense 111,520  13% 106,241  12% 5  % Product development expense 120,854  15% 115,737  13% 4  % Depreciation 21,729  3% 20,521  2% 6  % Amortization of intangibles 10,478  1% 10,367  1% 1  % Total operating costs and expenses $ 658,585  79% $ 674,909  79% (2) % Liquidity and Capital Resources During the three months ended March 31, 2025, we generated operating cash flow of $193 million and Free Cash Flow of $178 million. During the quarter ended March 31, 2025, we repurchased 6.1 million shares of our common stock for $195 million on a trade date basis at an average price of $32.01. Between April 1 and April 30, 2025, we repurchased an additional 3.5 million shares of our common stock for $100 million on a trade date basis at an average price of $28.92. As of April 30, 20