NVIDIA Responds to TRC Capital's ‘Mini-Tender' Offer

Core Viewpoint - NVIDIA has received an unsolicited mini-tender offer from TRC Capital Investment Corporation to purchase up to 1,000,000 shares at $131.50 per share, representing less than 0.01% of its outstanding common stock [1]. Group 1 - The offer is contingent on NVIDIA's share price not decreasing more than 5% from the closing price on January 21, 2025, unless waived by TRC [2]. - The mini-tender offer is scheduled to expire on February 20, 2025, but TRC has the option to extend or terminate the offer before this date [2]. - NVIDIA is not affiliated with TRC and does not endorse the offer, advising shareholders to consult with their brokers or financial advisors [3]. Group 2 - A mini-tender offer is defined as an offer for less than 5% of a company's shares and is not subject to the same disclosure requirements as larger tender offers by the SEC [4]. - NVIDIA has requested that this news release be included with all materials related to TRC's mini-tender offer [4].