Company: MTCH
Filing Date: 2025-04-16
Form Type: PREC14A
Source: 0000902664-25-001820
Chunk: 6

Company: Match Group, Inc.
Filing Date: 2025-04-16
Form: PREC14A
Chunk 6
---
 feedback. Mr. Gupta informed Mr. McInerney of plans to formally communicate recommendations to the Board in
writing as a next step and encouraged Mr. McInerney and the Board to proactively and collaboratively engage with the Company’s stockholders.

On March 1, 2024, Mr. Gupta sent a private letter
(the “March 2024 Letter”) to the Board through the Company’s then-Chief Legal Officer and Board Secretary Jared Sine
(“Mr. Sine”). The March 2024 Letter detailed various recommendations in line with prior discussions with the Company, as well
as a request to meet with additional independent directors. The March 2024 Letter also highlighted the Company’s long-term absolute
and relative underperformance and discounted valuation.

On March 5, 2024, Mr. Sine emailed Mr. Gupta
a written statement from Mr. McInerney, whereby Mr. McInerney “wanted to personally reach out” to share the Board’s
appreciation for Mr. Gupta sharing his views. Mr. Gupta responded to Mr. Sine informing him that if Mr. McInerney would like to “personally
reach out” again, he can do so directly.

On March 11, 2024, Mr. Gupta directed Anson
Funds’ external counsel Eleazer Klein and Brandon Gold of Schulte Roth & Zabel LLP to formally request the Company’s director
questionnaire, along with various Company policies and guidelines applicable to directors of the Company.

<div align='center'>3</div>

On March 14, 2024, Bloomberg News reported Anson Funds had amassed a position in the Company and is pushing the Company to refresh its Board and embrace AI, noting Anson Funds is the second activist to arrive at the Company following Elliott Investment Management (“Elliott”).1

On March 18, 2024, Mr. Gupta met virtually with
director Glenn Schiffman (“Mr. Schiffman”). Mr. Schiffman did not provide any substantive feedback to the March 2024 Letter
and generally refrained from answering any of Mr. Gupta’s questions.

On March 21, 2024, Mr. Gupta spoke with the
Company’s representatives to inform them of an impending nomination notice, whereby Anson Funds would privately nominate Mr. Gupta
to the Board. Later that day, Anson Funds’ external counsel Eleazer Klein and Brandon Gold of Schulte Roth & Zabel LLP submitted