Stock Repurchase Program:

On August 3, 2026, the Company’s board of directors authorized a stock repurchase program of up to $100 million shares of its Class A common stock through August 5, 2027. Repurchases may be made from time to time on the open market pursuant to one or more trading plans adopted in accordance with Rule 10b5-1 and in compliance with Rule 10b-18. The timing and amount of any repurchases will depend on market conditions, price and liquidity, applicable legal requirements, available capital, and other considerations. The stock repurchase program does not obligate the Company to repurchase any minimum number or dollar amount of Class A common stock and may be modified, suspended, or discontinued at any time.

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