Match Group (MTCH) Announces Registered Direct Stock Offering

Match Group (NASDAQ: MTCH) announced today that it intends to commence an offering of shares of its common stock (the "Shares") in a registered direct offering (the "Registered Direct Offering"). The price per share and the number of shares of common stock to be issued will be determined based upon a volume-weighted average price per share of common stock during an averaging period commencing September 24, 2021.

Match Group intends to use the proceeds of the Registered Direct Offering, together with the net proceeds of its concurrent termination of certain note hedges and warrant transactions and a portion of the net proceeds of the concurrent notes offering by its indirect wholly owned subsidiary, Match Group Holdings II, LLC, to repurchase 0.875% exchangeable senior notes due 2022 pursuant to privately negotiated agreements with a limited number of current holders of such exchangeable notes.

J.P. Morgan Securities LLC will act as the exclusive placement agent for the Registered Direct Offering. The Registered Direct Offering will be made only by means of a prospectus supplement relating to the Registered Direct Offering and accompanying base prospectus previously filed with the Securities and Exchange Commission (the "SEC"), copies of which may be obtained for free by visiting EDGAR on the SEC website at www.sec.gov or, upon request, from J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at (866) 803-9204 or by email at [email protected].

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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