Company: MTCH
Filing Date: 2025-02-04
Form Type: 8-K
Source: 0000898822-25-000002
Chunk: 1

Company: Match Group, Inc.
Filing Date: 2025-02-04
Form: 8-K
Item: Item 5.02
Chunk 1
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 selected as an officer. There are no transactions in which Mr. Rascoff has an interest requiring disclosure under Item 404(a) of Regulation S-K.

CEO Employment Agreement

In connection with the appointment of Mr. Rascoff as the Company’s Chief Executive Officer, the Company entered
into an employment agreement with Mr. Rascoff (the “ Employment Agreement”), which will take effect on the Effective Date. The material terms and conditions of the Employment Agreement are summarized below. Unless otherwise specified, capitalized
terms used but not defined below shall have the meanings set forth in the Employment Agreement.

The Employment Agreement has a scheduled term of one year from the Effective Date and provides for automatic
renewals for successive one-year terms absent written notice from the Company or Mr. Rascoff. The Employment Agreement provides that, during the term, Mr. Rascoff will be eligible to receive (i) an annual base salary of $800,000, (ii)
discretionary annual cash bonuses based on achievement of formulaic performance goals targeted at 200% of Mr. Rascoff’s annual base salary, (iii) equity awards (as described below) and (iv) customary health and retirement benefits.

On March 1, 2025, Mr. Rascoff will be granted awards of (i) time-based restricted stock units (“ RSUs”) of the
Company, with a grant date value of $7,200,000, vesting 1/3 on the first anniversary of the grant date and 1/12 every quarter thereafter, subject to continued service, (ii) performance-based restricted stock units (“ PSUs”) of the Company, with a
target grant date value of $10,800,000, vesting on the third anniversary of the grant date, subject to continued employment and attainment of applicable performance goals based on the Company’s total shareholder return relative to the Nasdaq
Composite index (the “ Relative TSR PSUs”), and (iii) PSUs of the Company with a grant date value of $30,000,000 (the “ Value Creation Award”) as described below. For the 2026 fiscal year, Mr. Rascoff will be granted equity awards with a target
grant date value of not less than $12,000,000, 40% of which will be in the form of RSUs and 60% of which will be in the form of PSUs on terms and conditions no less favorable than the Relative TSR PSUs. Upon a termination of