Grindr Inc.

Free Cash Flow and Free Cash Flow Conversion Free cash flow is an indicator of liquidity that provides information to our management and investors about the amount of cash generated from operations, after capitalized software development costs and purchases of property and equipment, that can be used to repay debt obligations and or for strategic initiatives.

SEC original ↗Grindr Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

On an ongoing basis, the Company evaluates its estimates and judgments including those related to: the recoverability of goodwill, indefinite-lived intangible assets, equity method investment, and loan receivable; the fair value of common stock warrant liabilities; valuation allowance for deferred tax assets; legal contingencies; the incremental borrowing rate for the Company s leases; and the valuation of stock-based compensation.

SEC original ↗Grindr Inc. — 10-Q Quarterly report10-QAug 7, 2026

and subsidiaries Notes to Condensed Consolidated Financial Statements (unaudited) (in thousands, except per share amounts and share data) In conjunction with its investment, the Company entered into a $ 4,000 revolving credit facility with the start-up.

SEC original ↗Grindr Inc. — 10-Q Quarterly report10-QAug 7, 2026

Loans under the revolving credit facility bear interest at daily simple Secured Overnight Financing Rate ( SOFR ) plus 5.5 %, accruing daily and compounding quarterly into the principal amount.

SEC original ↗Grindr Inc. — 10-Q Quarterly report10-QAug 7, 2026

Debt Total debt for the Company is comprised of the following: June 30, 2026 December 31, 2025 Senior Term Loan Facility $ 390,000 $ 400,000 Less: unamortized debt issuance and discount costs ( 3,680 ) ( 4,141 ) Total debt 386,320 395,859 Less: current maturities of long-term debt ( 20,000 ) ( 20,000 ) Long-term debt $ 366,320 $ 375,859 2023 Credit Agreement On November 28, 2023, a wholly owned subsidiary of the Company, Grindr Capital LLC ( Grindr Capital or the Borrower ), as borrower, entered into a credit agreement with the Company and certain other wholly owned subsidiaries of the Company, as guarantors, JPMorgan Chase Bank, N.

SEC original ↗Grindr Inc. — 10-Q Quarterly report10-QAug 7, 2026

The credit agreement provided for a (i) $ 300,000 senior secured term loan facility ( Senior Term Loan Facility ), and (ii) $ 50,000 senior secured revolving credit facility ( Senior Revolving Facility, and together with the Senior Term Loan Facility, the 2023 Credit Facilities ) (with a $ 15,000 letter of credit sublimit and a $ 10,000 swingline loan sublimit).

SEC original ↗Grindr Inc. — 10-Q Quarterly report10-QAug 7, 2026

Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts.

SEC original ↗Grindr Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate.

SEC original ↗Grindr Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Free Cash Flow and Free Cash Flow Conversion Free cash flow is an indicator of liquidity that provides information to our management and investors about the amount of cash generated from operations, after capitalized software development costs and purchases of property and equipment, that can be used to repay debt obligations and or for strategic initiatives.

SEC original ↗Grindr Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

These forward-looking statements include, among others, statements about combining proprietary AI architecture through the Grindr app; our ability to create enduring value through the use of AI; potential product offerings, including related to wellness and fitness, luxury experiences, travel, and networking; expectations for the AI-native strategy; the impact gAI will have on the value of user experiences; expectations on price and cost related to foundational models; our ability to leverage our architecture layer to become an AI-first company; the ability to sustain a competitive advantage through the use of AI; and our ability to keep user data and other sensitive data secure.

SEC original ↗Grindr Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 7, 2025

Gayborhood Expansion Just like our users congregate in physical neighborhoods and frequent the same businesses, we're building a digital neighborhood where they can find products and services they need e.

SEC original ↗Grindr Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 7, 2025

The forward-looking statements contained in this press release reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement.

SEC original ↗Grindr Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

We define Adjusted EBITDA as net income (loss) excluding income tax provision interest expense, net depreciation and amortization stock-based compensation expense gain in fair value of warrant liability and severance expense, litigation-related costs, and other items, in each case that are unrelated to our core ongoing business operations.

SEC original ↗Grindr Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

In addition, projections, assumptions, and estimates of the Company s future performance and the future performance of the markets in which the Company competes are necessarily subject to a high degree of uncertainty and risk.

SEC original ↗Grindr Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 7, 2025

Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are not guarantees of future performance and are subject to risks and uncertainties that may cause actual results to differ materially from our expectations discussed in the forward-looking statements.

SEC original ↗Grindr Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 7, 2025

Further information on these and additional risks, uncertainties and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this press release are included in the section titled Risk Factors'' included under Part I, Item 1A in our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, and in quarterly reports on Form 10-Q that we file with the Securities and Exchange Commission.

SEC original ↗Grindr Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 7, 2025

The forward-looking statements contained in this Quarterly Report on Form 10-Q reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions, and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement.

SEC original ↗Grindr Inc. — 10-Q Quarterly report10-QAug 7, 2026