IAC/InterActiveCorp (NASDAQ:IAC) Q3 2021 Earnings Conference Call November 5, 2021 10:00 AM ET Company Participants Mark Schneider - Senior Vice President, Finance & IR, IAC Joey Levin - CEO, IAC & Chairman, Angi Inc. Oisin Hanrahan - CEO of Angi Neil Vogel - CEO of Dotdash Conference Call Participants Cory Carpenter - JPMorgan Ross Sandler - Barclays John Blackledge - Cowen Brian Fitzgerald - Wells Fargo Jason Helfstein - Oppenheimer Dan Salmon - BMO Michael Ng - Goldman Sachs Nick Jones - Citi Justin Patt ...

Table of Contents As filed with the Securities and Exchange Commission on November 5, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2021 IAC/INTERACTIVECORP (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 555 West 18th Street, New York, New York 10011 (Address of re ...

Financial Data and Key Metrics Changes - The company reported a significant growth in Angi Services, with a 127% increase in revenue to $73 million for Q2 [53] - The overall revenue growth for Angi was expected to be around 7% to 10% in the foreseeable future, influenced by the brand transition and macroeconomic conditions [81][82] Business Line Data and Key Metrics Changes - The Angi Services segment experienced a growth rate of 120% year-over-year in Q2, with July showing an even higher growth rate of 160% [25] - The Total Home Roofing acquisition contributed positively to Angi Services growth, indicating a strategic focus on expanding service offerings in the roofing category [25][26] Market Data and Key Metrics Changes - The company noted a significant contraction in pro supply due to COVID-19, which affected the business model where professionals pay to access customers [22] - The macro environment remains volatile, impacting both the lead generation and service segments of the business [85] Company Strategy and Development Direction - The company is focused on brand consolidation, transitioning from HomeAdvisor to Angi to create a more sticky and recognizable brand [12][14] - There is a strong emphasis on verticalization within Angi Services, aiming to deepen engagement in specific categories like roofing and fencing [57][60] - The long-term vision includes creating a seamless customer experience through integrated services and payment solutions [66][69] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth potential of Angi Services despite current challenges, emphasizing the importance of building the right products for both homeowners and professionals [86][92] - The company is committed to investing in content and technology to enhance its competitive advantage in the publishing segment, particularly Dotdash [43][48] Other Important Information - The CFO search is ongoing, with a strong pipeline of candidates, and the company is focused on finding the right fit to add value to the executive team [34] - Care.com is performing well, particularly in the Enterprise segment, which is benefiting from increased employer responsibility for childcare [36][37] Q&A Session Summary Question: Impact of brand transition on Angi and HomeAdvisor - Management acknowledged that the brand transition has led to a temporary decline in audience and EBITDA, but they believe the long-term benefits will outweigh the short-term challenges [12][21] Question: Sustainability of recent growth in Angi Services - Management indicated that the growth in Angi Services is driven by strong product market fit and ongoing investments in customer experience and engagement [53][56] Question: Updates on Care.com and its long-term potential - Management highlighted that Care.com is growing rapidly, particularly in the Enterprise segment, and they see potential for further development and eventual separation as a standalone business [36][41] Question: Long-term growth expectations for Dotdash - Management expects Dotdash to maintain a growth rate of over 20% in the long term, driven by content investment and improved advertising performance [48][49] Question: Capital allocation priorities - The company will prioritize existing businesses for M&A opportunities and consider share repurchases if it makes sense, focusing on scalable and cash-generating acquisitions [73][75]

Table of Contents As filed with the Securities and Exchange Commission on August 6, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________to__________ Commission File No. 001-39356 IAC/INTERACTIVECORP (Exact na ...

Table of Contents As filed with the Securities and Exchange Commission on May 7, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the transition period from__________to__________ Commission File No. 001-39356 IAC/INTERACTIVECORP (Exact name of registrant as specified in its charter) Delaware 84-3727412 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2021 Or ☐ TRANSITION REPORT PURSUAN ...

Financial Data and Key Metrics Changes - The company reported an EBITDA of approximately $23 million in Q1 2021, with expectations to maintain this level for the next couple of quarters [19] - The company anticipates single-digit margins for this year and likely for next year as well [19] Business Line Data and Key Metrics Changes - Angi Services generated $55 million in revenue for Q1 2021, reflecting a 66% year-over-year growth, achieved without spending on consumer marketing [14] - The company plans to invest $60 million in Angi Services this year, up from $40 million last year, focusing on improving service delivery and pricing [18] Market Data and Key Metrics Changes - Dotdash experienced a 67% growth in Q1 2021, with top advertisers increasing their spending by 110% compared to 2020 [21][22] - The Care@Work business is growing over 100% year-on-year, driven by macro trends related to workforce diversity and childcare needs [30] Company Strategy and Development Direction - The company is shifting its focus to a $500 billion market, emphasizing the importance of completing jobs for customers and helping service professionals grow their businesses [12][16] - A unified brand strategy is being pursued to streamline operations and enhance customer experience, moving away from a segmented brand approach [36][38] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about positive momentum in business interactions and customer engagement, despite some expected headwinds from brand changes and supply constraints [7][42] - The company expects mid-double-digit revenue growth for Q2 and Q3, with potential acceleration in Q4 driven by Angi Services [43] Other Important Information - The company is focusing on enhancing the customer experience to increase the number of service requests fulfilled, aiming to improve overall liquidity in the marketplace [58][61] - The company is also exploring larger acquisition opportunities, moving beyond smaller tuck-ins, while maintaining a focus on existing business growth [72] Q&A Session Summary Question: What is the broader vision for Angi and key priorities? - The CEO of Angi outlined a vision to capture a $500 billion market by focusing on customer job completion and service professional growth [12][16] Question: Can you elaborate on the rebranding and investment areas? - The rebranding is seen as a necessary step to unify operations and enhance customer experience, with significant investments planned in Angi Services [11][18] Question: What are the growth expectations for Dotdash? - Dotdash is expected to continue outperforming other publishing businesses, with strong advertiser retention and content utility driving growth [21][22] Question: How is the company addressing service provider capacity challenges? - The company is working to improve service provider engagement and retention through better pricing and support, aiming to increase job fulfillment [39][41] Question: What is the investment strategy for Angi? - The company plans to invest significantly in pricing jobs, fulfilling services, and automating processes to enhance efficiency and customer satisfaction [78]

Table of Contents As filed with the Securities and Exchange Commission on February 17 , 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________to__________ Commission File No. 001-39356 IAC/INTERACTIVECORP (Exact na ...

IAC/InterActiveCorp and ANGI Homeservices, Inc. (NASDAQ:IAC) Q4 2020 Earnings Conference Call February 4, 2021 8:30 AM ET Company Participants Glenn Schiffman - CFO & EVP, IAC/InterActiveCorp Joseph Levin - CEO & Director, IAC/InterActiveCorp Tim Allen - CEO, Care.Com Inc William Ridenour - CEO & Director, ANGI Homeservices, Inc. Mark Schneider - Head, IR, ANGI Homeservices, Inc. Anjali Sud - CEO, Vimeo, Inc. Conference Call Participants Eric Sheridan - UBS Investment Bank Cory Carpenter - JPMorgan Chase & ...

Table of Contents As filed with the Securities and Exchange Commission on November 6, 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 1 ...

IAC/InterActiveCorp (NASDAQ:IAC) Q3 2020 Earnings Conference Call November 6, 2020 8:30 AM ET Company Participants Glenn Schiffman – Chief Financial Officer Joey Levin – Chief Executive Officer-IAC and Chairman-ANGI Homeservices Brandon Ridenour – Chief Executive Officer-ANGI Homeservices Mark Schneider – Head-Investor Relations Conference Call Participants John Blackledge – Cowen Brian Fitzgerald – Wells Fargo Cory Carpenter – JPMorgan Brad Erickson – Needham Brent Thill – Jefferies Jason Helfstein – Oppen ...