This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "anticipates," "estimates," "expects," "plans" and "believes," among others, generally identify forward-looking statements. These forward-looking statements may include, among others, statements relating to: our future financial performance, business prospects and strategy, anticipated trends and prospects in the industries in which we operate and other similar matters. Actual results could differ materially from those contained in these forward-looking statements for a variety of reasons, including, but not limited to certain risks related to the Spin-off (for example, some or all of the expected benefits from the Spin-off may not be achieved, we may have increased vulnerability to changing market conditions following the completion of the Spin-off, the Spin-off may fail to qualify as a transaction generally tax-free for U.S. federal income tax purposes, certain conflicts of interest between IAC and Vimeo may arise, the value of IAC and Vimeo securities following the Spin-off might be less than the value of IAC securities before the completion of the Spin-off, among other risks), as well as risks discussed in IAC’s and Vimeo’s filings with the SEC. Other unknown or unpredictable factors that could also adversely affect the business, financial condition and results of operations of IAC and Vimeo may arise from time to time. In light of these risks and uncertainties, these forward-looking statements may not prove to be accurate. Accordingly, you should not place undue reliance on these forward-looking statements, which only reflect the views of IAC’s and Vimeo’s management as of the date of this letter. IAC and Vimeo do not undertake to update these forward-looking statements.