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ANGI : REPORTS Q1 2021 – Q1 REVENUE INCREASES 13% TO $387 MILLION

% (a) As of the date of this document, the Company has not yet completed its financial close process for April 2021. As a result, the information herein for April 2021 is preliminary and based upon information available to the Company as of the date of this document. During the course of the financial close process, the Company may identify items that would require it to make adjustments, which may impact growth rates and be material to the information presented above. Free Cash Flow For the three months ended March 31, 2021, net cash from operations decreased $40.6 million to $15.3 million and Free Cash Flow decreased $46.1 million to negative $3.4 million due primarily to lower Adjusted EBITDA and unfavorable working capital.

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