Match Group — May 5, 2026 release

• Match Group made a significant $100 million investment in Sniffies in April , further strengthening its investment in the non-heterosexual male segment. As part of this move, the Company will wind down Archer, its gay male app, which is expected to result in approximately $10 million in annualized cost savings, including stock-based compensation. • Match Group continued to simplify its organization , folding MG Asia into its E&E business unit, which is expected to result in roughly $15 million in annualized cost savings, including stock-based compensation. The move brings Azar and Pairs, the two Asia-based businesses, closer to the rest of the Company, and the Seoul-based engineering talent to Tinder. The Company also further centralized performance marketing, driving improved coordination across nearly $600 million in global spend. A webcast of our first quarter 2026 results will be available at https://ir.mtch.com, along with our Prepared Remarks and Supplemental Financial Materials. The webcast will begin today, May 5 , 2026, at 5:00 PM Eastern Time. This press release, including the reconciliations of certain non-GAAP measures to their nearest comparable GAAP measures, is also available on that site. Financial Outlook For Q2 2026, Match Group expects: • Total Revenue of $850 to $860 million, down 2% to flat Y/Y. • Adjusted EBITDA of $325 to $330 million, representing a Y/Y increase of 13% at the midpoints of the ranges. • Adjusted EBITDA Margin of 38% at t