Network-1 extends share repurchase program by $5M over next two years

NETWORK-1 TECHNOLOGIES, INC.

Board authorized up to $5M in repurchases over next two years under existing program.
As of March 31, 2025, had repurchased ~10.5M shares at avg price of $1.92/share for $20.1M since program launch in Aug 2011.
Repurchases may be increased, suspended, or discontinued at any time based on market conditions.
Extension approved as part of ongoing capital allocation review; Board cites strong cash position.

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