GoTo Group, Inc. announced that $410,475,000 in aggregate principal amount of the Company?s 5.50% Senior Secured Notes due 2027, representing approximately 99.54% of the total outstanding principal amount of the Existing Notes, has been validly tendered in connection with the Company?s previously announced Exchange Offer. The Exchange Offer consists of the offer to exchange up to $412,363,000 aggregate principal amount of Existing Notes for new 5.50% First Lien First Out Senior Secured Notes due 2028 (the ?FLFO Notes?) and new 5.50% First Lien Second Out Senior Secured Notes due 2028. The Exchange Offer is open to all eligible holders of the Existing Notes.

The settlement of the Existing Notes validly tendered and not validly withdrawn on or prior to the Early Tender Date is expected to take place today. In addition to the consideration described in the table above, the Company will pay in cash accrued and unpaid interest on the Existing Notes accepted in the Exchange Offer from the applicable latest interest payment date to, but not including, (i) February 5, 2024, in the case of Existing Notes tendered on or prior to the Early Tender Date, with such interest payment occurring on the Early Settlement Date, or (ii) March 1, 2024, in the case of Existing Notes tendered after the Early Tender Date but before 5:00 p.m., New York City time, on March 5, 2024 (the ?Expiration Date?), with such interest payment occurring on March 1, 2024, in accordance with the terms of the indenture governing the Existing Notes. Holders who validly tender their Existing Notes after the Early Tender Date but at or prior to the Expiration Date will not be entitled to any additional accrued and unpaid interest on the Existing Notes after March 1, 2024.

Interest on the Exchange Notes will accrue from (i) February 5, 2024, in the case of Exchange Notes issued in exchange for Existing Notes tendered on or prior to the Early Tender Date, with such first interest payment occurring on March 1, 2024, or (ii) March 1, 2024, in the case of Exchange Notes issued in exchange for Existing Notes tendered after the Early Tender Date but at or before the Expiration Date, with such first interest payment occurring on September 1, 2024.