EFTA01378102

F-57 Table of Contents Unaudited pro forma information Historical pro forma earnings per share The following table sets forth the computation of pro forma basic and diluted earnings per share attributable to Match Group, Inc.'s shareholder. Years Ended December 31, 2012 2013 2014 Basic Diluted Basic Diluted Bask Diluted Numerator. (in thousands, except per share data) Net earnings $ 90.281 $ 90,281 126,627 126.627 $ 148,359 148,359 Net earnings attributable to noncontrolling interests (4,606) (4,606) (1,624) (1,624) (595) (595) Net earnings attributable to Match Group, Inc.'s shareholder $ 85.675 $ 85,675 $ 125,003 $ 125.003 $ 147,764 S 147,764 Denominator. Weighted average basic shares outstanding(*) 9.800 9.800 9.969 9.969 10.047 10.047 Dilutive securities including stock options and other securities(*) 239 - 362 458 Denominator for earnings per share—weighted average shares(*) 9.800 10,039 9,969 10.331 10.047 10.505 Earnings per share attributable to Match Group, Inc.'s shareholder: Earnings per share(*) $ 8.74 $ 8.53 $ 12.54 $ 12.10 $ 14.71 14.07 (a) All share and per Owe rriormation reflects information before giving effect to adjustments to be made in connection with the recapitalizaton of our equity that me occur prior to the completion of the PO and the Uansfer of the net proceeds or tne IPO to IAC Unaudited pro forma information to give effect to the dividend payment to IAC. The unaudited pro forma balance sheet and unaudited pro forma net earnings per share have been presented in accordance with SEC Staff Accounting Bulletin Topic 1.63. The unaudited pro forma balance sheet gives effect to an anticipated 16-for-1 stock split and an estimated $15 billion of proceeds from the issuance of the Match Senior Notes. borrowings under the term loan facility and this offering. Including additional borrowings under the revolving credit facility, as payment of a dividend to IAC. The computation of pro forma net earnings per share reflects the number of additional shares that were issued to fund the dividend to IAC based on an assumed offering price of $13.00 per share (the midpoint of the offering price range set forth on the cover page of this prospectus). The computation of pro forma earnings per share assumes 33.3 million of incremental shares to be issued in connection with this distribution were outstanding from the beginning of the period. F-58 Table of Cnntentet The following table sets forth the computation of pro forma basic and diluted earnings per share attributable to Match Group. Inc. shareholders to give effect to the dividend payment to IAC. Year ended December 31, 2014 Basic Diluted Numerator. (In thousands, except per share data) Net earnings(a) 115,296 $ 115,296 Net earnings attributable to noncontrolling Interests (595) (595) Net earnings attributable to Match Group. Inc. shareholders 114,701 $ 114,701 Denominator: Weighted average basic shares outstanding 160.756 160,756 Add: Pro forma adjustment to reflect assumed shares sold in the initial public offering to fund the dividend payment 33,333 33,333 Pro forma weighted average basic shares outstanding 194,089 194,089 Dilutive securities including stock options and other securities 7,323 Pro forma denominator for earnings per share—weighted average shares 194.089 201,412 Pro forma earnings per share attributable to Match Group, Inc. shareholders $ 0.59 $ 0.57 http. vsvmsec.gm An:hutsedger data 15751891X/0104746915008431 a22264511n-labimil I 9'2015 9.27:17 AM) CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0075262 SDNY_GM_00221446 EFTA01378102