Match Group Announces Important Governance Enhancements

Core Viewpoint - Match Group has appointed Darrell Cavens, a seasoned e-commerce executive, to its Board of Directors as part of its ongoing board refreshment strategy, enhancing its expertise in digital commerce and technology-driven innovation [1][2][3] Company Developments - Darrell Cavens brings nearly 20 years of leadership experience in e-commerce and technology, having co-founded and led Zulily to its public offering and completed various M&A transactions [4][5] - Cavens has held leadership roles at Qurate Retail and Microsoft, and served as Chief Technology Officer at Blue Nile, contributing to scaling it into the largest online diamond retailer [5] - The Board will seek stockholder approval to declassify the Board structure, moving from staggered three-year terms to one-year terms for directors elected at the 2026 Annual Meeting [6][7] Governance and Shareholder Engagement - The Board has recommended against the director nominees proposed by Anson Funds, asserting that their candidates do not bring additional relevant skills for Match Group's strategic priorities [8][12] - Anson Funds owns less than 0.5% of Match Group's common stock, significantly less than the Board members [13] - The Board remains open to stockholder input, having previously appointed new members following constructive engagement with Elliott Management [11]