IAC Inc. → Angi Inc. ANGI

The information set forth in Item 4 of the Initial Schedule 13D is hereby amended and supplemented as follows: The information set forth above in Item 3 with respect to the Reimbursement Issuance is incorporated herein by reference. On March 10, 2025, IAC announced the Board of Directors of IAC (the "Board") approved the planned spin-off of ANGI and declared a special dividend (the "Distribution") of all of the shares of ANGI capital stock held by IAC to the holders of IAC common stock, par value $0.0001 per share (the "IAC common stock") and IAC Class B common stock, par value $0.0001 per share (the "IAC Class B common stock" and together with the IAC common stock, "IAC Stock"). The dividend will be paid through the distribution of shares of ANGI Class A common stock on March 31, 2025 to the holders of record of IAC Stock as of the close of business on March 25, 2025, on a pro rata basis, subject to the satisfaction or waiver of certain conditions to the Distribution, as described in the Registration Statement on Form S-3 filed by ANGI in connection with the spin-off. After the completion of the Distribution, IAC will no longer own any shares of ANGI capital stock.