Company: MTCH
Filing Date: 2025-04-16
Form Type: PREC14A
Source: 0000902664-25-001820
Chunk: 7

Company: Match Group, Inc.
Filing Date: 2025-04-16
Form: PREC14A
Chunk 7
---
the aforementioned nomination notice to the Company.

On March 25, 2024, the Company announced an
information sharing agreement with Elliott which accompanied the appointment of two new directors, Laura Jones (“Ms. Jones”)
and current-CEO Spencer Rascoff (“Mr. Rascoff”), as well as a public commitment to hosting an Investor Day event.

On April 1, 2024, the Company scheduled an interview
between Mr. Gupta and the Board’s Nominating and Corporate Governance Committee, which then consisted of current directors Alan
Spoon (“Mr. Spoon”) and Ann McDaniel (“Ms. McDaniel”), and former director Wendi Murdoch (“Ms. Murdoch”),
on April 3, 2024.

On April 3, 2024, Mr. Gupta met virtually with
Mr. Spoon and Ms. McDaniel, as well as then-Interim Chief Legal Officer Jeanette Tackman. Mr. Spoon and Ms. McDaniel informed Mr. Gupta
that Ms. Murdoch would be unable to attend the meeting due to her travels, despite having scheduled the meeting only two days prior. Mr.
Spoon and Ms. McDaniel proceeded to interview Mr. Gupta; in Mr. Gupta’s opinion, the interview appeared largely perfunctory and
designed to discredit his candidacy.

We note that Ms. Murdoch failed to attend at
least 75% of the Board’s five meetings in 2023, as disclosed in the Company’s proxy statement in connection with the 2024
annual meeting of stockholders.

On April 9, 2024, Mr. Gupta met virtually with
Mr. McInerney. Mr. McInerney stated that the Board was not interested in making additional changes after having appointed two new directors
in recent weeks. Mr. Gupta asked for feedback on his candidacy, to which Mr. McInerney had none and reiterated the Board’s decision
was based on a lack of interest in additional change rather than any matters specific to Mr. Gupta’s candidacy. Mr. McInerney stated
his long-term relationships with both Mr. Spoon and Ms. McDaniel as the Board’s basis to trust their judgment with regards to Mr.
Gupta’s candidacy and subsequent decision. Mr. McInerney noted the Company’s public commitment to an Investor Day was in line
with Mr. Gupta’s previous recommendation. However, Mr. McInerney shared the Board’s rejection of adopting a proposal to declassify
the