Company: MTCH
Filing Date: 2025-04-16
Form Type: PREC14A
Source: 0000902664-25-001820
Chunk: 12

Company: Match Group, Inc.
Filing Date: 2025-04-16
Form: PREC14A
Chunk 12
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 present a stockholder proposal requesting the Board
to take the necessary steps to declassify so that all directors are elected on an annual basis.

<div align='center'>5</div>

On March 13, 2025, the Company’s outside
counsel notified Anson Funds’ counsel of the Board’s intention to contact the nominees proposed by Anson Funds, excluding
Mr. Gupta, to schedule interviews.

On March 18, 2025, Anson Funds submitted a supplement
to its nomination notice proposing Kelley Morrell (“Ms. Morrell’) as its third independent nominee in lieu of another independent
candidate.

On March 19, 2025, Mr. Gupta emailed Mr. McInerney
to schedule a meeting following the completion of the Board’s interviews of the Anson Funds Nominees. On March 20, 2025, Mr.
McInerney responded, stating that he would contact Mr. Gupta following the completion of interviews regarding any potential follow-up
discussion.

Between March 21 and March 25, 2025, the Board’s
Nominating and Corporate Governance Committee, consisting of Messrs. McInerney and Spoon, and Ms. McDaniel, conducted virtual interviews
of all three Anson Funds Nominees. Mr. Edgett was also present. Based on the nature of the questions and level of engagement, we believe
these interviews were largely perfunctory and designed to unfairly discredit each of the independent nominees’ candidacies.

On March 24, 2025, Company representatives emailed
Mr. Gupta stating that Mr. Rascoff would not meet with Anson Funds at this time despite having met with other investors.

On March 28, 2025, Mr. Gupta met virtually
with Mr. McInerney to receive the Board’s feedback following the Anson Funds Nominees’ interviews. Mr. McInerney
acknowledged the Company’s stock price underperformance and the Board’s disappointment, and that the Board is seeking to
add new directors with various skill sets. Mr. McInerney shared that the Board plans to “imminently” appoint a new
director whom they recently identified and deemed qualified under their search criteria of finding a CEO or equivalent in a relevant
area, and/or expertise in consumer digital products targeting similar audiences as the Company. Mr. Gupta asked Mr. McInerney to
share the identity of the aforementioned candidate and requested an opportunity to meet the candidate